Bitcoin and most major altcoins are facing selling at higher levels, but there are no signs of panic selling at the moment.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Metaverse investments: Opportunities and risks of the trillion-dollar VR market
What are the best metaverse projects that investors should keep on their radar? Cointelegraph Research Metaverse Ranking Awards the top projects
US District Court issues summons for Binance CEO Changpen Zhao over SEC action
According to the summons, CZ’s current residential address is in the Mediterranean island nation of Malta.
Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year.
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs.
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level.
Security or not, Ether looks poised to hold the $1.8K level based on 3 key metrics
Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance and Coinbase, but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support.
The SEC’s actions are actually a double-edged sword for Ether (ETH), and on Crypto Twitter, some analysts attributed the bounce in Ether to its not being listed as a security in either of the cases brought against Binance and Coinbase. For instance, the SEC explicitly mentioned BNB (BNB), Solana (SOL) and Cardano (ADA), which are direct competitors to Ethereum’s smart contract-processing capabilities.
However, as noted by analyst Jevgenijs Kazanins, Ether’s omission does not mean that it has the green light from the SEC.
Kazanins raises the question of whether the SEC could be targeting the Ethereum Foundation in a separate lawsuit. For now, the idea is a mere unfounded speculation, but it certainly has merit given that SEC Chairman Gary Gensler refused to answer questions about Ether’s status before the U.S. House Financial Services Committee in April 2023.
In the meantime, what traders can focus on is Ether’s price action, network data and other data that impacts investor sentiment and price in the short term.
Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds
In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond.
Binance and CZ sued by the SEC
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses the details of the SEC’s lawsuit against crypto exchange Binance and its CEO, Changpeng Zhao.
Binance and CZ sued by the SEC
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses the details of the SEC’s lawsuit against crypto exchange Binance and its CEO, Changpeng Zhao.
What asset freeze? Binance BTC outflows muted as users shun panic selling
Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news.
What asset freeze? Binance BTC outflows muted as users shun panic selling
Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.
According to analytics firm Glassnode, BTC investors have largely ignored the latest crypto exchange legal battles.
On-chain losses “remain quiet”
BTC/USD dipped to just $25,350 on June 6, its lowest since mid-March — but it seems existing holders simply do not care.
The latest data covering on-chain transactions shows that in the midst of reactions to the Binance and Coinbase lawsuits, few were in “panic sell” mode.
A chart uploaded to Twitter by Glassnode showed realized losses — coins moving at a lower value than their previous transaction — staying cool.
Bitcoin evangelist Joe Hall tells The Agenda why he thinks BTC will conquer the world
Bitcoin has a marketing problem, but journalist and BTC evangelist Joe Hall is doing his best to fix it.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show.
Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers.
She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others who do likewise.
Unlike many influencers represented by fancy talent agencies, Heilpern decided to keep it all in the family by hiring her brother Gideon as her manager.
“There’s no one I trust more in this world than my brother. I can rely on him 100%,” Heilpern says.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show.
Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers.
She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others who do likewise.
Unlike many influencers represented by fancy talent agencies, Heilpern decided to keep it all in the family by hiring her brother Gideon as her manager.
“There’s no one I trust more in this world than my brother. I can rely on him 100%,” Heilpern says.
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show.
Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers.
She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others who do likewise.
Unlike many influencers represented by fancy talent agencies, Heilpern decided to keep it all in the family by hiring her brother Gideon as her manager.
“There’s no one I trust more in this world than my brother. I can rely on him 100%,” Heilpern says.