Ooki DAO to shut down after 'precedent setting' court battle with CFTC

A U.S. District Judge has entered a default judgment order that requires Decentralized Organization Ooki DAO to permanently shut down and pay a civil monetary penalty of $643,542. The Commodity Futures Trading Commission initially filed a lawsuit against Ooki DAO in September 2022, accusing the DAO of illegally offering retail margin and leverage trading services, and “unlawfully acting” as a […]

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Polygon (MTIC) Price Analysis – 10 June 2023 | Market Insights

Introduction Welcome to our comprehensive price analysis report for Polygon (MATIC) as of June 10, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 06:36:59 UTC. We delve into the intricate dynamics of MATIC’s price, volume, and key technical indicators. Whether you’re a seasoned trader or a curious observer, this report […]

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Avalanche Approaches Vital Support Level, What Comes Next?

Avalanche (AVAX) has experienced a bearish trend over the past few months, particularly after being rejected from the $17.50 price level. This rejection has allowed the bears to exert significant control over the price. In the last 24 hours, AVAX made a slight upward movement of 0.5%. On the weekly chart, it has lost approximately 3.5% of its value. With […]

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US court rejects Fed's motion to dismiss Custodia Bank case

Custodia Bank won a step forward in its legal battle against the Federal Reserve, as a Wyoming federal judge denied dismissal motions from both the Fed and the Federal Reserve Bank of Kansas City. The digital asset bank sued the Federal Reserve in June 2022, claiming an “unlawful delay” in processing an application for its master account. In 2020, Caitlin […]

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Ethereum Bounces Above $1,800 Low In A Limited Range

The price of Ethereum (ETH) has remained constant between $1,750 and $1,900. Long-term analysis of the Ethereum price: bearish Since May 28, Ether has fluctuated below and above the moving average lines. Price bars are currently below Ether’s moving average lines. The largest altcoin is trading at $1,845.30 at the time of writing. Buyers’ attempts to keep the price above […]

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