A recent class-action lawsuit has been filed against Coinbase Global, along with its subsidiaries Coinbase, Inc. and Coinbase Asset Management, LLC, as well as its CEO, Brian Armstrong. The lawsuit, initiated by six customers, makes the bold claim that the digital assets listed on Coinbase are actually securities. Among the tokens listed are Solana (SOL),
The recent guilty plea of Alexander Vinnik, a Russian national and operator of the now-defunct crypto exchange BTC-e, sheds light on the rampant money laundering activities that have plagued the cryptocurrency industry. Vinnik admitted to charges of money laundering conspiracy in the US, highlighting the extent to which platforms like BTC-e were used by cyber
The recent correction in the cryptocurrency market saw Bitcoin, Ethereum, and many other digital assets hit multi-month low prices. However, XRP managed to remain relatively resilient during this period. Despite briefly dropping below $0.50, the token has seen a 3% increase over a two-week period, according to CoinGecko’s data. This resilience has caught the attention
Bitcoin has been on a wild ride recently, with massive fluctuations in its price. From reaching almost $65,000 to dropping to a low of $56,500, the cryptocurrency has kept traders on their toes. The recent recovery saw Bitcoin climbing back up to over $63,000, demonstrating its resilience in the face of market volatility. Not only
The Bitcoin price has been on a rollercoaster ride recently, experiencing both bearish pressure and a strong comeback. After falling below the $60,000 mark for the first time in almost two months, the price of BTC managed to recover above $60,000 and even reached as high as $63,000 in the past day. This raises the
Recently, Rep. Maxine Waters has put forth the nomination of Ms. Kristin Johnson, a current Commissioner of the US Commodity Futures Trading Commission (CFTC), for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. This nomination has sparked discussions within the financial and crypto communities. Qualifications and Expertise Rep. Waters
The recent post-Halving slump in Bitcoin has had a significant impact on the Solana meme coin market, leaving traders feeling blue. However, amidst this sentiment, a new token named Sad Hamster has captured the attention of investors, leading to an overnight explosion in the price of HAMMY. The Sad Hamster meme has rapidly gained popularity
Coinbase, a well-known player in the crypto market, made headlines recently with its first-quarter revenues totaling $1.64 billion. This amount surpassed the expected $1.34 billion, shocking both analysts and investors. The surge in revenue comes at a time when Bitcoin is experiencing a robust rally, significantly impacting the entire crypto sector. A substantial component of
The recent market-wide crash has sent the Bitcoin price tumbling below $60,000, triggering a 20% decline and exposing critical support levels for the cryptocurrency. One of the key figures in the crypto space, Norok, has identified $51,800 as the most crucial support level for Bitcoin. According to Norok, this level is essential for maintaining the
The cryptocurrency market experienced a brief crash recently, with Dogecoin ($DOGE) being one of the fastest recovering coins. In the past 24 hours, DOGE has seen a 7% increase, bringing its price to $0.1317. Despite this recovery, Dogecoin is still down by 12% from the previous week. Bitcoin ($BTC) and Ethereum also faced losses, with
