Category: Latest news

[ad_1] The U.S. House Committee on Agriculture heard testimony on June 6 regarding a draft discussion bill on cryptocurrency recently advanced by Republican lawmakers. Coinbase, Robinhood declare support Rep. Glenn Thompson, one lawmaker who initially advanced the draft discussion bill, said that the meeting is intended to discuss the bill with Democratic members. He expressed…

[ad_1] Coinbase CEO Brian Armstrong spoke out against the SEC’s decision to file a lawsuit against the exchange. The SEC’s charges, filed early today, are based on the accusation that Coinbase has been listing securities without registering with the federal body. This has triggered additional actions from Alabama and New Jersey, heightening the scrutiny over…

[ad_1] As U.S. regulatory pressures continue to bear down on the cryptocurrency industry, a fresh trend is beginning to take shape, altering the dynamics of Bitcoin’s global demand. The U.S. political environment seeks to tighten the regulatory noose around the neck of the crypto and mining sectors, causing traders within its borders may be losing…

[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…

[ad_1] Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate. “The USA has become unpredictable, making it clear that Crypto is not welcome, even for those who attempt…

[ad_1] Atomic Wallet users expressed frustration with the lack of updates since its hack on June 3. A recent Reddit post highlighted the state of user sentiment, with the OP asking multiple questions, including  “What is really happening?” and “What went wrong?” The OP’s annoyance at being left in the dark boiled over into speculation…

[ad_1] Trading volume on decentralized exchanges (DEX) jumped by 88% in the 24 hours after the news that the U.S. Securities and Exchange Commission (SEC) sued centralized crypto exchange Binance. On June 5, the financial regulator filed 13 charges against Binance and its CEO, Changpeng Zhao, for violating federal securities law and further alleged that…

[ad_1] Quick Take Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations It is now trading below $50.00. However, Coinbase was trading 8% lower on Monday. Coinbase share price: (Source: Google) The post Coinbase drops 15% in pre-market trading after SEC lawsuit appeared first on…

[ad_1] The cryptocurrency market saw net outflows of over $40 billion over the last 24 hours and currently stands at $1.09 trillion — down 3.53% from $1.13 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 3.85% and 2.65% to $498.87 billion and $218.53 billion, respectively. Over the last…

[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…