Category: Latest news
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Eurozone enters technical recession | CryptoSlate
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Why is Bitcoin is holding strong in spite of the SEC’s regulatory crackdown?
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Speculation mounts that a regulatory attack on Bitcoin is coming
[ad_1] Ad Former Coinbase CTO Balaji Srinivasan stirred speculation over U.S. regulatory actions on Twitter, writing, “The attack on Bitcoin is coming.” The comment was made in agreement with Alexander Leishman, the CEO of River Financial, who called for Bitcoiners to stay humble “during all of this regulatory drama,” as regulators would come for Bitcoin…
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Solana leads top-ten losses while BTC maintains $26k: CryptoSlate wMarket Update
[ad_1] Ad The cryptocurrency market saw mild net outflows of $0.31 billion over the last 24 hours and currently stands at $1.1 trillion — down 0.94 % from $1.11 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0.69% and 0.88% to $513.31 billion and $221.79 billion, respectively. The…
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A big move is coming soon, according to Swissblock
[ad_1] Quick Take Swissblock suggests that a big move is coming across the board due to historic lows in the VIX and BVOL. The VIX is an index representing the market’s expectation for volatility, which is currently priced at 14, which is at multi-year lows. However, the BVOL, the Bitcoin volatility index, is also at…
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Coinbase to withdraw over 70k staked ETH amid SEC lawsuit
[ad_1] Coinbase accounts for roughly 79% of entities waiting to withdraw their staked Ethereum (ETH) as of June 8, according to Nansen’s dashboard. The exchange wants to withdraw 70,057 ETH (roughly $129 million) of the 88,121 ETH tokens pending withdrawals as of press time. Pending Staked Ethereum Withdrawal (Source: Nansen) The uptrend in Coinbase’s withdrawal…
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Cathie Wood says SEC scrutiny into Binance will reduce competition for Coinbase
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Janet Yellen claims crypto industry needs ‘additional regulation’ to plug ‘holes’
[ad_1] U.S. Treasury Secretary Janet Yellen said there is a need for “additional regulation” to ensure consumers and investors are protected from the “inherent” risks present in the crypto industry. Yellen made the statement during an appearance on CNBC’s Squawk Box on June 7. Holes in the system She said the Treasury Department had conducted…
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Binance US removes 100+ advanced trading pairs amid SEC scrutiny
[ad_1] Embattled crypto exchange Binance US said it would remove advanced trading pairs for over 100 crypto assets and pause its over-the-counter trading portal, according to a June 7 statement. Binance.US will remove USDT, BTC, and BUSD advanced trading pairs for digital assets like Bitcoin Cash, Aave, ApeCoin, Uniswap, Zcash, and others, on June 8…
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Binance CEO CZ summoned to appear in District of Columbia court
[ad_1] The U.S. Securities and Exchange Commission (SEC) has ordered Changpeng Zhao, CEO of cryptocurrency exchange Binance, to appear in court, according to a tweet today by Fox Business reporter Eleanor Terrett. The summons document, shared by Terrett, gives Zhao and his associated companies a 21-day window to respond upon successful service. If no response…