Crypto Community Reacts to SEC’s Wells Notice Sent to Coinbase

The crypto community has been reacting to news that the U.S. Securities and Exchange Commission’s Division of Enforcement sent a Wells Notice to Coinbase on Wednesday (March 22). According to Thomson Reuters’ Practical Law website, here is what a Wells Notice means: “A notice enforcement attorneys of financial industry regulators, including the Securities and Exchange Commission (SEC), Financial Industry Regulatory […]

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Canada Is Doing All It Can to Prevent Another FTX

Canada is cracking down on crypto trading and tightening its rules due to the FTX financial collapse. The country is allegedly trying to do all it can to protect investors and ensure nothing like the exchange’s debacle can affect people within its borders. Canada Is Fighting Potential Crypto Loopholes The Ontario Securities Commission and securities regulators in Canada are keeping […]

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Arbitrum (ARB) Airdrop Is Around The Corner, How To Trade It

Today, March 23 at 1:00 pm EST, Arbitrum (ARB) will start trading on Binance. The launch of the airdrop is likely the biggest DeFi event since the Uniswap airdrop three years ago. Around 635,000 wallets qualified for the airdrop and could initially cause massive volatility in the ARB price. Until the listings, it is not known at what price the […]

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Litecoin (LTC) Price Analysis: Bulls Aim Upside Break To $95

Litecoin price is showing positive signs above $85 against the US Dollar, similar to bitcoin. LTC price could climb further if there is a clear move above $90. Litecoin Price Analysis In the past few sessions, there were mostly positive moves in bitcoin, ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC formed a base above the $75 level […]

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SEC Targets Justin Sun and Star-Studded Lineup in Crypto Fraud and Market Manipulation Case

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency entrepreneur Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly BitTorrent) for the unregistered offer and sale of Tronix ($TRX) and BitTorrent ($BTT) crypto asset securities. According to a press release issued by the SEC earlier today, Sun and his companies are also accused of fraudulently manipulating […]

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Bitcoin Price Retests $27K Following Fed Rate Decision

Bitcoin price is at the time of this writing slightly above $27K per BTC, after losing $28K almost immediately following the Federal Reserves rate hike decision. The rate increase was less than originally anticipated, but cryptocurrencies and the stock market have tumbled following the decision. Federal Reserve Proceeds With 25 Bps Rate Hike, Volatility Ensues The United States Federal Reserve […]

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Quant Points Out Curious Relationship Between USDT Inflows & Bitcoin Price

A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a CryptoQuant post, many stablecoins entering into derivative exchanges have recently preceded a rise in the BTC price. The relevant indicator here is […]

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US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB

United States Senators Elizabeth Warren and Ron Wyden have cited the recent collapse of three major banks to call on the Public Company Accounting Oversight Board to “rein in” audits of crypto firms. In a March 21 letter to Public Company Accounting Oversight Board chair Erica Williams, Warren and Wyden reiterated concerns over “shady audits” of crypto companies the pair […]

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ALGO Token Among Top Gainers, Scores 9% In The Last Day

Algorand (ALGO) is breaking ground with an over 5% price increase in 24 hours. ALGO has claimed the second position among top-gaining coins today after Ripple’s XRP. Today’s rally comes after a 6.8% price gain recorded yesterday, March 21. With the current performance, Algorand (ALGO) has reclaimed most of its past week’s losses with a 6.87% 7-day price gain. ALGO’s […]

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