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August 13, 2023
SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range. Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that...
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The motive behind the transactions has triggered speculation within the broader crypto community. Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan. The motive behind the transactions has triggered speculation...
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During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He also outlined three main reasons driving the need for custodians. During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding to centralize Bitcoin (BTC) should not...
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In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term ‘investment contract’ when interpreting its scope. A group of six legal scholars specializing in securities law and related domains have submitted an amicus brief in favor of crypto exchange Coinbase in its legal battle against...
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Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. Grayscale Investments CEO Michael Sonnenshein highlighted a potential negative outcome for United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry. During...
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