If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Source: https://cointelegraph.com/public/index.php/news/a-sideways-bitcoin-price-could-lead-to-breakouts-in-eth-xrp-ldo-and-rndr
Altcoin prices crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as securities in the two lawsuits. That brings the total number of cryptocurrencies termed as…
Although the SEC took official action against the world’s two largest exchanges, it also chose to name a number of cryptocurrencies that it describes as unregistered securities, triggering a drop across many altcoins. Two of them—Algorand (ALGO) and Flow (FLOW)—fell to all-time lows over the weekend. Their inclusion in the SEC’s actions has called their regulatory status into question, along…
The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission’s classification of its native token, Solana (SOL), as a security. “The Solana Foundation disagrees with the characterization of SOL as a security,” reads a statement from June 10, noting that it welcomes the engagement of policymakers to achieve legal clarity in the…
Illustration by Mitchell Preffer for Decrypt Many leading cryptocurrencies plummeted in price this week after the United States Securities and Exchange Commission launched high-profile enforcement actions against cryptocurrency exchange titans Binance and Coinbase for allegedly violating securities laws. The coins worst affected by the news were Solana, Polygon and Cardano, which were all labeled as securities offerings in the SEC’s…
In an interview, Coinbase CEO Brian Armstrong explained that crypto entrepreneurs would only return to the U.S. when the government finds the “right outcome” fo… Source: https://cointelegraph.com/app/public/index.php/news/us-find-right-outcome-crypto-coinbase-ceo
Bitcoin and altcoins feel the pressure of the week’s regulatory bombshells, with BTC price action steadying below the key 200-week moving average. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-avoids-3-month-lows-as-crypto-dive-liquidates-390m
In an interview, Coinbase CEO Brian Armstrong explained that crypto entrepreneurs would only return to the U.S. when the government finds the “right outcome” fo… Source: https://cointelegraph.com/public/index.php/news/us-find-right-outcome-crypto-coinbase-ceo
Robinhood’s innovative trading model has opened new opportunities for beginner investors and traders. Here’s what it is and how it works. Source: https://cointelegraph.com/explained/what-is-robinhood-and-how-does-it-work
With the rapid evolution and increasing adoption of cryptocurrencies, the need for regulatory clarity has become paramount. U.S. Senator Cynthia Lummis has said that her efforts to push for a positive regulatory framework are still in motion. Senator Lummis garnered praise from the crypto community on Twitter as she shared her commitment to developing a regulatory framework that would facilitate…
