Author: CAT

The highly anticipated hearing of the SEC’s lawsuit against Binance occurred today in Washington, as the trial revealed several challenges for the leading exchange.

Bitcoin dropped under $40,000 amid GBTC sell-offs from bankrupt crypto exchange FTX and BTC deposits on Coinbase by spot BTC ETF issuer Grayscale.

The cryptocurrency market recently experienced a downturn, with significant declines in gaming tokens as Bitcoin’s value approached $40,000.

Coinbase could win its case against the SEC, according to an analyst.
The Base network could be able to sustain its momentum as activity peaks.

Despite major institutions like BlackRock gett

The post Will Coinbase prevail amidst regulatory scrutiny? appeared first on AMBCrypto.

Coin Center criticizes FinCEN’s over “broad” cryptocurrency mixing rule.

Sponge, a meme coin with a low market capitalization of $23.79 million, is up 470% this month

ProShares’ Bitcoin Strategy ETF experiences a significant drop in trading activity as investors shift focus to spot Bitcoin ETFs.

Bitcoin has plunged below the critical threshold of $40,000, marking a significant downturn in the cryptocurrency’s value. Bitcoin was trading at $39,640 as of press time, down 18% from its peak of $49,000 earlier in January. The decline to around $40,000, Bitcoin’s lowest level since mid-December of the previous year, has been driven by a […]

The post Bitcoins fall below key $40k threshold amid continued sell off appeared first on CryptoSlate.