Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense. In a spirited, back-and-forth exchange on Twitter with former SEC officer John Reed Stark that started on June 14, Cuban took issue […]

Dogecoin is attempting a recovery wave above the $0.0585 resistance against the US Dollar. DOGE could rally if it clears the $0.065 resistance zone. DOGE is currently struggling to clear the $0.0628 resistance against the US dollar. The price is trading below the $0.065 zone and the 100 simple moving average (4 hours). There is a major bearish trend line […]

Ethereum price is still struggling below $1,720 against the US Dollar. ETH could continue to move down if it stays below $1,700 and $1,720. Ethereum is slowly moving higher from the $1,620 support zone. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,720 on the […]

Bitcoin price is attempting a recovery wave above the $25,200 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin is slowly recovering higher above the $25,200 support. The price is trading below $25,750 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $25,680 on […]

BlackRock has filed an application for a Bitcoin spot exchange traded fund (ETF). The investment company is the world’s largest and it would be the first crypto spot ETF in the United States, if it receives approval. According to a filling by the Nasdaq stock exchange with the U.S. Securities and Exchange Commission (SEC), Coinbase Custody Trust Company would be the custodian of the […]

On-chain data shows that Bitcoin investors aren’t participating in any significant amounts of loss selling right now. Here’s what it may mean. Bitcoin Entity-Adjusted Realized Loss Has Remained Low Recently According to data from the on-chain analytics firm Glassnode, coins transacted recently were mostly acquired close to the current spot price. The relevant indicator here is the “entity-adjusted realized loss,” […]

Top assets lost value this week, with ADA shedding 22% and market leader BTC plunging to new lows not recorded in months.  The wider market was hit with deep losses wiping off $40 billion from the total market cap in 24 hours. Observers say the market had a slow adverse reaction to the Fed’s uncertain stance on interest rate hike […]

The newly released Hinman documents relevant to the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) have shed light on internal divisions within the SEC and raised questions about its motives. The Hinman documents pertain to internal SEC communications regarding a speech delivered by former director William Hinman in 2018. During the speech, Hinman […]

New York, New York, June 15th, 2023, Chainwire Parcl’s market expansion increases access to investors seeking exposure to real estate prices via Real World Asset (RWA) Indexes. Parcl, the leading blockchain-powered real estate trading platform, announced today the launch of Austin, TX, to its ever-growing list of tradable city indexes. In addition to Austin, Parcl recently launched indexes for Boston, Atlanta, Philadelphia, […]