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Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase

June 7, 2023 0

Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the trading platforms are unregistered securities.

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The Bitcoin Rich List: An In-Depth Look at the Largest Bitcoin Wallets in Existence Since 2014

June 7, 2023 0

Over the past decade, several bitcoin wallets have been named the largest in existence. However, since 2021, Binance has controlled the largest bitcoin address, which currently holds 248,597 BTC and is worth approximately $6.66 billion. Just over nine years ago, the largest wallet belonged to the U.S. government after it seized 144,342 BTC from the […]

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Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown

June 7, 2023 0

In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks linked to the fast-growing sector. Yellen Sees ‘Holes in the System Where

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Biggest Movers: PEPE 13% Higher as Coin Breaks Out of Key Resistance Level

June 7, 2023 0

Pepe rose by as much as 13% in today’s session, with the coin breaking out of a key resistance level as a result. The surge came as cryptocurrency markets attempted to bounce back from Tuesday’s drubbing. XRP was another notable gainer, moving 5% higher on Wednesday. Pepe (PEPE) Pepe (PEPE), which is known for being […]

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Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion

June 7, 2023 0

As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin Premium Amidst Regulatory Turmoil In light […]

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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, as BTC Rebounds From 3-Month Low

June 7, 2023 0

Bitcoin rebounded from a near three-month low on Wednesday, as traders moved to buy the latest price dip. Yesterday’s decline came as the U.S. Securities and Exchange Commission sued both Binance and Coinbase. Ethereum moved closer to $1,900 in today’s session. Bitcoin Bitcoin (BTC) bounced back above the $27,000 level on Wednesday, as traders moved […]

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Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions

June 7, 2023 0

U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer was also ordered to pay a “forfeiture of $740,249,140.52 […]

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Russian Finance Minister Talks Dollar Attack on Russia, Importance of Developing Alternatives for Settlements

June 7, 2023 0

Russian Finance Minister Anton Siluanov has given his opinion on the perceived attack the Russian economy has been receiving from the U.S. dollar, and how the country has moved to keep trade going. Siluanov also remarked on the importance of developing settlements in national currencies. Russian Finance Minister Anton Siluanov: ‘The Dollar Has Challenged Russia’ […]

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Russian Investigator Took Over 1,000 BTC in Bribe Money From Hackers, Report

June 7, 2023 0

An investigator working in Moscow has been caught with a record-breaking bribe paid by a hacking group in cryptocurrency. According to a Russian press report, the corrupt official accepted millions of dollars’ worth of bitcoin and saved the digital money for his retirement years. Investigator Finds Himself Under Investigation in Russia for Receiving Huge Bribe […]

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Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives

June 7, 2023 0

Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less collateralized capital upfront. Cboe Wins Regulatory Nod for Margin Trades on Crypto Futures Exchange U.S. exchange operator Cboe