ADA, the native cryptocurrency of Cardano, is now among a list of 61 cryptos classified as securities. A legal expert believes that the reasons behind this SEC classification don't hold up. Here's his analysis.
The legal battle initiated by the SEC against Coinbase and Binance is significantly harming the crypto industry. Some experts believe that it exacerbates the already existing risks in this sector, to the detriment of users who now have to think about protecting their interests.
There's no doubt that the SEC lawsuits have cost the crypto firm Ripple a fortune. But what about the financial consequences of this case for XRP users and enthusiasts? That's the question addressed in a recent report by Valhil Capital.
Ever since El Salvador made Bitcoin an official currency within its territory, the country has been facing a campaign of distrust and surveillance from the United States. Without hiding their deep unease, the Joe Biden administration has implemented legal measures to protect the American financial system from the repercussions of the Salvadoran government's decision. Why do the USA feel threatened, and what actions have they taken in response? Find all the answers in this article.
Following the success of Shapella, Vitalik Buterin has announced the arrival of other projects that will complement The Merge. After several months of behind-the-scenes work, the co-founder of one of the world's most popular blockchains is unveiling a new roadmap in which he outlines three major technical transitions. Details in this article.
The conversational AI, ChatGPT, is an unprecedented technological revolution. Since its launch, this artificial intelligence has been setting one record after another. The crypto sector is not immune to this momentum.
The European banking sector may witness new laws in the coming days. EU policymakers, who have never hidden their desire to regulate this sector, particularly banks' access to cryptocurrencies, are taking a giant leap and could see their dream become a reality soon. Governments across the European Union are now all in favor of strict restrictions on bank capital, a decision that could directly impact two prominent cryptos.
SEC-inspired memecoins are experiencing a significant surge in value following the legal actions taken against exchanges Binance and Coinbase. Tokens like Good Gensler (GENSLR) and Fuck Gary Gensler (FKGARY) have seen a price explosion, capturing the attention of investors eager for quick gains.
In a recent series of tweets, long-time Bitcoin (BTC) advocate and Twitter founder Jack Dorsey ignited a heated controversy. According to him, Ethereum (ETH) is a security. This statement quickly prompted passionate reactions from crypto experts, exposing the ongoing debates surrounding the classification of ETH and existing regulations.
The SEC has been on a witch hunt against crypto firms for several weeks now. It staunchly defends its position to clean up the American crypto industry and promote its growth. However, many players in this industry do not see the regulator's actions in the same light.
Gary Gensler faced the press to explain the serious accusations brought by the SEC against the exchanges Coinbase and Binance.
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.
We know that Bitcoin (BTC) reacts in the long term to profitability levels. That is to say, if the production cost is too high compared to the price of Bitcoin, it would not be sustainable. Therefore, studying the supply is crucial as it explains the behavior and, hopefully, the future of the cryptocurrency market.
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.