Last Tuesday, the SEC, through its chairman, Gary Gensler, filed legal proceedings against the crypto platform Coinbase. The case could see its first twist as Coinbase claims to have evidence of potential bad faith on Gary Gensler's part in this matter.
What surprises does the crypto market hold for us? While it is impossible to answer this question with certainty, analysts cannot resist making predictions and speculations. Michaël van de Poppe is one of those experts who taps into his knowledge to examine possible scenarios and shares his conclusions with his numerous followers. His latest prediction suggests a potential upward trend for two cryptocurrencies: Litecoin (LTC) and Ether (ETH).
“We don't need more digital currencies,” said Gary Gensler on CNBC. Is this why the SEC is targeting both Binance and Coinbase, which have hundreds of millions of crypto investors? In any case, the heads of these exchanges declare that they will respond to the SEC's attacks.
The Binance-SEC case seems to be progressing very quickly. Just one day after filing a complaint against the crypto exchange, the regulator is taking a new step. The SEC is currently seeking to freeze Binance's assets and even wants to go further by blocking any access of Binance and its CEO Changpeng Zhao to the funds of U.S. clients.
The SEC has revealed a whole list of shitcoins that Binance should have registered as securities. What about Ethereum? And wash trading?
Despite their immense growth potential or market situations that support price increases, certain cryptocurrencies may not be appreciated at their true value. At least, that's what Santiment suggests. The cryptocurrency analysis platform recently tweeted that altcoins like XRP, ADA, and SHIB are currently undervalued.
In a context of increasing tension between financial regulators and crypto platforms, the announcement of a new lawsuit by the Securities and Exchange Commission (SEC) against Binance has stirred up a storm. The SEC accuses Binance of artificially inflating its transaction volumes and violating several rules, particularly regarding access for US users to its platform. However, a detail has caught the attention of some observers: the unexpected absence of Ripple's XRP from the list of cryptocurrencies that the SEC now considers securities. While XRP has been under attack by the SEC for the past two years, this absence raises numerous questions. Why is XRP missing from this list? Is it a deliberate strategy on the part of the SEC? What could be the repercussions of this decision?
Binance is currently facing legal action brought by the SEC. The reason behind the lawsuit is the trading of tokens deemed as securities. Binance CEO has responded to these accusations, while the platform has expressed its disappointment with the filed complaint by the SEC.
Benjamin Cowen, a leading analyst with a YouTube following of approximately 783,000, sheds light on a concerning trend he believes is on the horizon: a significant drop in altcoins could be imminent. According to him, this comes as no surprise, as it's simply a repetition of historical cycles.
What does the SEC really want by shaking up Binance? The collapse of the crypto industry or its regulation? Many see Gary Gensler and his team's recent initiatives as developing a visceral hatred towards the cryptosphere. In addition to targeting the world's largest exchange, they have also decided to go after 10 tokens traded on the secondary market, such as Cardano's ADA.
The man who predicted the fall of the United States and the European Union in 2022 has now made statements about the fate of the American banking system and Bitcoin. In a new essay, Arthur Hayes, co-founder and former CEO of BitMex, has made negative prophecies concerning the global finance.
After the CFTC, it's now the SEC's turn to go after Binance and its founder Changpeng Zhao (CZ).
The next breakthrough in the cryptocurrency market could come from XRP. Ripple crypto, which has been steadily rising since the beginning of the year, could continue its ascent to the point of surpassing Bitcoin (BTC), according to analyst Kaleo. The expert shared his technical analysis with his Twitter followers.
The ongoing legal battle between the SEC and Ripple remains at the forefront of discussions within the crypto community. American attorney and founder of CryptoLaw, John Deaton, recently shed light on the case in an exclusive interview on the “Good Morning Crypto Show” of the 3T Warrior Academy. According to Deaton, the chances of XRP emerging victorious from this legal battle stand at 75%.
Some experts mention the end of the bear market. Other analysts suggest a potential deterioration of the situation in the crypto market. It may no longer be a time for speculation, but for caution. Bloomberg issues a warning and predicts a depreciation in the price of bitcoin (BTC), ether (ETH), and other cryptocurrencies.
Nine countries led by Iran launch an alternative to the SWIFT network. Simultaneously, BRICS discusses the end of the dollar in Cape Town.
A rigorous approach, combining a well-defined strategy and in-depth analysis, is essential for successful cryptocurrency investments. However, it is common for investors to be guided by market turbulence and personal apprehensions, thus distorting their decision-making. Dan Tapiero, an experienced investor, believes that this is a major mistake. In an interview, he shared his thoughts on the strategy to follow to ensure investment success in a bear market context.
For the famous entrepreneur and investor, it is Ethereum that is attracting many new users to cryptocurrencies. The promoter of Bitcoin Cash (BCH) snubs bitcoin and highlights the advantages of Ether, a digital currency in which he has high hopes.
“Damn, all the hard-earned money disappeared in an instant on Atomic Wallet,” a user expresses indignation on Twitter. Every hacking, scam, and rug pull always has its victims. And we are still far, very far, from the end of these malicious acts.
The crypto community is in a frenzy. Indeed, several experts, including Ripple CEO Brad Garlinghouse, believe that the Ripple vs. SEC trial in the United States could wrap up this month. Ripple holders are eagerly hoping for this outcome.
La Web 3.0 World Cup c’est pour très bientôt. L’édition 2023 de ce concours axé sur le codage de course prévoit des avancées par rapport à la précédente édition précédente. Ceci, avec un niveau d’exigences toujours aussi important.
According to Brian Armstrong, CEO of Coinbase, China could benefit from the restrictive laws imposed by the United States on the cryptocurrency industry. “The United States and other democratic nations are facing digital systems promoted by an ambitious adversary, China,” he said.
The revolution of smart contracts is right at our doorstep with Marlowe, an innovation by Cardano (ADA). This domain-specific language (DSL) aims to democratize access to contracts and financial agreements without the need for programming expertise. Marlowe's first steps on the Cardano mainnet herald a promising future for smart contracts.
Elon Musk, the renowned technologist and futurist, predicts that the dollar will soon be worth next to nothing.
Over the past two weeks, Ledger, a crypto security firm, found itself at the center of a major controversy. This controversy revolved around the new product called Ledger Recover. It is an optional update presented as a useful tool for recovering lost wallet keys. However, Ledger users were not pleased with this technical evolution. They suspected that the company was violating their fundamental right to privacy.
Following in Iran’s footsteps, it will soon be Russia turn to use Bitcoin to bypass sanctions that prevent it from conducting international transactions. Bitcoin, Da? The Russian government has shown a keen interest in Bitcoin since its banks were disconnected from the SWIFT network. Acting stealthily, the Ministries of Finance…
Bitcoin (BTC) is currently navigating troubled waters, with foreign exchange reserves experiencing a significant decline at the beginning of the month. However, despite this price drop, new data from the blockchain analytics platform, CryptoQuant, suggests a possible bullish run for the queen of cryptocurrencies.
The crypto market has promising days ahead. At least, that's what Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume, claims. In a recent interview with Bankless, Zhao predicted a series of successes for the industry and highlighted potential future scenarios. Let's briefly decipher his statements.
Binance announces the delisting of twelve cryptocurrencies under French regulatory pressure. Monero is among them.
Hinman's emails, the former head of the SEC, are crucial in its lawsuit against Ripple. It is believed that they could contain the evidence that settles the debate on the nature of XRP, Ripple's native asset. However, access to these emails has been blocked by the court. But this lock could potentially be fully lifted.