On April 13, the price of Bitcoin (BTC) dropped by approximately 8.4% due to heightened tensions in the Middle East following an attack by Iran against Israel, fueling geopolitical concerns. Within minutes after an attack, the value of the cryptocurrency plummeted from approximately $67,000 to $61,625, resulting in a loss of around $130 million in … Read more
The value of cryptocurrencies, with Bitcoin leading the way, took a significant hit due to heightened conflict in the Middle East. In a short period, Bitcoin dropped by almost 8%, and other cryptocurrencies experienced even greater losses. This sudden downturn in the crypto market came on the heels of confirmed reports of Iranian attacks against … Read more
Memecoin sector took a massive hit after SHIB, WIF and PEPE saw corrections Traders were particularly bearish towards PEPE The memcoin market experienced impressive expansion starting the new year. Yet, this expansion came to an abrupt end following Bitcoin‘s dip below $67,000, triggering a broad market downturn. Consequently, coins like SHIB, PEPE, and WIF were … Read more
Coinbase’s legal battle with the SEC highlights tension between crypto platforms and regulators Disagreement over “investment contracts” shapes crypto transaction rules After the brutal crash of the cryptocurrency market, Coinbase, a well-known global cryptocurrency exchange, has drawn attention. In response to its ongoing legal dispute with the Securities and Exchange Commission (SEC), Coinbase filed an … Read more
ADA fell by 13% in the last 24 hours Technical indicators pointed to a further price decline in the making Today, Cardano (ADA) made news for unveiling its development milestones in March. Yet, the attention wasn’t entirely positive as the cryptocurrency experienced a downturn of around 13%, contributing to the overall market decline and causing … Read more
According to Adam Cochran from Cinneamhain Ventures, the SEC’s recent move against decentralized crypto exchange Uniswap goes against the SEC’s long-standing policy advice. In his legal examination of X, previously known as Twitter, Cochran looked back at various past rulings by the American regulatory body regarding the labeling of an exchange and its implications for … Read more