Crypto News Summaries
Coinbase is facing a legal crackdown in Nevada for allegedly running an unlicensed sports betting exchange. State regulators are intensifying their scrutiny of crypto platforms offering prediction markets, signaling potential clashes with federal oversight.
FTX users and Fenwick & West law firm reach a settlement in a class-action lawsuit over allegations of enabling the platform's fraud. This marks a pivotal moment in recovering losses from FTX's collapse.
Crypto markets face a harsh reality as spot trading volumes plummet, signaling waning investor interest and a notable price decline for Bitcoin. Experts link the downturn to macroeconomic pressures and suggest a true market bottom requires a capitulation from long-term holders.
Cathie Wood's ARK Invest is doubling down on crypto! Despite recent market dips, the firm increased its stakes in Robinhood, Coinbase, and other crypto-linked stocks, signaling a strong long-term belief in blockchain's potential.
Bitcoin's recent price drop to $74,500 has triggered "fire sale" signals, with key metrics indicating extreme undervaluation. However, emerging spot buying interest and cleared liquidations suggest a potential rebound for Bitcoin amidst market volatility.
Cronos sees a price jump fueled by whale activity and increased derivatives interest. However, the rally faces headwinds as CRO remains in a consolidation phase, demanding sustained spot demand for a true breakout.
El Salvador's clear digital asset regulations are attracting global blockchain firms. BaaS Innovation, a Taiwanese blockchain advisor, is considering establishing a base there to serve the Americas.
BNB faces bearish pressure, struggling to maintain long-term support amid market challenges. Technical indicators paint a mixed picture, with short-term losses contrasting with potential for a future recovery.
Bitcoin's network growth is exploding, mirroring conditions before the 2021 bull run! Could a massive surge be on the horizon, potentially pushing Bitcoin to $104,000 by September?
US Congress averts a lengthy government shutdown with a newly approved $1.2 trillion spending package. The bill restores federal operations until September, but sets up future immigration policy battles.
Bitcoin's recent plunge below $73,000 marks a technical breakdown, fueled by macro fears and heavy liquidations. Can Bitcoin reclaim key levels, or will sellers drive it further down?
Bitcoin plummets below $73,000, hitting lows unseen since November, sparking bear market fears. Ethereum and Ripple also suffer significant losses, intensifying market-wide correction.
