Solana (SOL) has shown a steady increase in price, indicating a notable recovery. Currently trading at $15.82, SOL has risen 22.6% from its recent low of $12.80. This upward movement is significant as it has successfully mounted the Fibonacci retracement level of Fib 0.618 at $15.33. SOL’s 20-day exponential moving average (EMA) currently stands at
The 4Chan Coin has experienced an incredible surge, rising by 29% in the past 24 hours, with a current price of $0.000000000000179428. This represents a massive 1,300% gain in the last 30 days and an even more impressive 25,000% increase since the meme token launched. This surge has taken place amid the ongoing Reddit blackout,
Shiba Inu’s cryptocurrency, SHIB, has seen little change in the last 24 hours, with a 0.3% increase while the cryptocurrency market has decreased by 0.5%. However, SHIB has been one of the best-performing cryptocurrencies in the past week, gaining 10% in the last seven days. This was due to the increased anticipation surrounding the Shiba
Between June 14 and June 15, Ether’s price fell by 7%, reaching its lowest level in three months. This decline impacted investors’ view that the altcoin was en route to turning $2,000 to support. It’s important to note that the $1,620 bottom represents a $196 billion market capitalization for Ether (ETH), which is higher than
Stablecoin company Tether has released its reserve data after a legal fight to keep it private. The company stated that it had previously reported some data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in early 2021. CoinDesk Requested Access Afterwards, CoinDesk requested access to one of Tether’s reports.
Bitwise Asset Management has submitted a new filing on June 16 for a proposed rule change to accommodate its planned Bitcoin spot ETF. The U.S. Securities and Exchange Commission (SEC) had previously rejected a Bitcoin spot ETF application from Bitwise in June 2022, citing inadequate surveillance-sharing, protection against market manipulation, and a lack of significant
The $COTI token, which powers the COTI network, has lost over 35% of its value in the wake of the US Security and Exchange Commission’s (SEC) assessment that it is a security. The SEC unveiled new lawsuits against Binance and Coinbase, labeling $COTI and dozens of other cryptocurrencies as securities. The cryptocurrency is now down
Binance, the world’s largest cryptocurrency exchange by trading volume, has requested to delist from the register of authorized crypto asset service providers (CASPs) in Cyprus. The move was made in order to comply with the European Union’s new Markets in Crypto-Assets (MiCA) regulation. The news was first reported on the website of the Cyprus Securities
Mark Cuban, a billionaire tech investor and Shark Tank star, has criticized the U.S. Securities and Exchange Commission (SEC) for its approach to regulating the blockchain industry. In a debate with former SEC official John Reed Stark, a crypto skeptic who disagrees with the “lack of regulatory clarity in the cryptoverse” argument put forth by
The US Federal Deposit Insurance Corporation (FDIC) has sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance. The agency has also sent letters to Bodega Importadora de Pallets and Money Avenue LLC, making similar demands. The FDIC warned that certain statements