Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has […]
Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed on June 29 by National Electoral Council authorities. “People deserve honest answers about the future […]
The price of bitcoin surpassed the $ 67,000 mark on Friday, reaching a peak of $ 67,482 per unit, the highest value since late April. This increase has resulted in the liquidation of nearly $ 45 million in leveraged bitcoin short positions over the past day. $ 120M in Crypto Positions …
After holding a leading spot among the top cryptocurrencies for years, cardano (ADA) has recently been relegated to the tenth position. This shift occurred as toncoin (TON) ascended, surpassing the market capitalization of cardano. Toncoin Overtakes Cardano in Market Cap Over the past year, bitcoin (BTC) has increased by 148.4% and ethereum (ETH) by 93.9%, […]
On March 11, ethereum’s price action painted a bullish picture, closing at $ 4,053 after touching a low of $ 3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $ 27.57 billion. Ethereum Ethereum’s (ETH) journey on …