Bitcoin’s price is holding above the $ 43,000 range after bulls defended key support levels over the weekend. The leading crypto asset is up 2% week-to-date and 5.6% over the past two weeks. Bitcoin On the 1-hour chart, bitcoin’s price action shows a short-term uptrend, with higher lows indicating continued buying interest. The …
SEC Sues Kraken: Crypto Exchange Plans to ‘Vigorously Defend’ Its Position in Court
The U.S. Securities and Exchange Commission (SEC) has sued cryptocurrency exchange Kraken for the second time this year, alleging that the crypto trading platform operates as an unregistered securities exchange, broker, dealer, and clearing agency. Kraken disagreed with the securities regulator’s claims, insisting: “We do not list securities, and plan to vigorously defend our position.” […]