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US Court Gives Binance CEO 21 Days To Respond To Summons
Article By:
The Tokenist
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Thursday, June 8, 2023 9:04 AM EDT
This Wednesday, a summons for the CEO of Binance, Changpeng Zhao, was filed in the United States District Court for the District of Columbia. The summons is part of a recent SEC lawsuit and gives CZ 21days to respond or risk a “judgment by default”.
Does Crypto Still Have Value?
Article By:
Kelsey Williams
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Thursday, June 8, 2023 5:33 AM EDT
The value of cryptocurrencies has to do with the transaction process. Bitcoin and other cryptocurrencies have value because they provide a process for the private transfer of money. Without that privacy, any imputed value is suspect.
Elliott Wave Technical Analysis: TRON/U.S. Dollar
Article By:
Peter Mathers
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Thursday, June 8, 2023 4:36 AM EDT
The price is above the MA200 indicating an uptrend, wave oscillator has a bullish momentum.
In this article: TRX-X
Third Day Of Crypto Crackdown Continues With SEC Summons Of Binance CEO
Article By:
Mish Shedlock
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Wednesday, June 7, 2023 4:41 PM EDT
Changpeng Zhao, the CEO of Binance, has 21 days to respond.
How The Coinbase-SEC Lawsuit Will Change Crypto For The United States
Article By:
The Tokenist
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Wednesday, June 7, 2023 4:00 PM EDT
The Securities and Exchange Commission's Coinbase lawsuit will have major implications for the US.
In this article: COIN
Slow Drift Higher In Stocks And Rates
Article By:
Bespoke Investment Group
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Wednesday, June 7, 2023 9:17 AM EDT
It’s another quiet morning in the markets today as futures are little changed with a positive bias. Crude oil and yields are also higher.
SWIFT To Test Tokenized Asset Transactions With Major Banks
Article By:
The Tokenist
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Wednesday, June 7, 2023 7:52 AM EDT
The Society for Worldwide Interbank Financial Telecommunication said in a press release that it would work with major banks and financial institutions to test how its vast infrastructure can transfer tokenized assets between blockchains.
In this article: ETH-X
Do Cryptos Also Have Seasonal Patterns?
Article By:
Dimitri Speck
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Wednesday, June 7, 2023 7:50 AM EDT
Whether you invest in cryptos or not, the consideration of seasonality in a new asset class is exciting. It is time to take a look at Bitcoin’s seasonal performance.
In this article: BITCOMP
ARK Scopes More Coinbase Shares As Prices Tumble After SEC Suit
BTC/USD Forex Signal: Crypto Regulatory Crackdown Continues
Article By:
Christopher Lewis
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Wednesday, June 7, 2023 6:21 AM EDT
The price of Bitcoin bounced back even as the Securities and Exchange Commission continued its battle against the crypto industry. After dropping to a low of 25,500, it soared to a high of 26,800 as traders assessed the impact of these lawsuits.
In this article: BITCOMP
Elliott Wave Technical Analysis: Bitcoin, June 7
Article By:
Peter Mathers
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Wednesday, June 7, 2023 5:48 AM EDT
Bitcoin has recovered well from the 25354.69. level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25354.69. Bitcoin is returning to an upward trend, and a five-wave rise will support this idea.
In this article: BITCOMP
Bitcoin Turns Up From 25K, Strong Technical Support
Article By:
Gregor Horvat
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Wednesday, June 7, 2023 5:40 AM EDT
Bitcoin turns up from first strong 25k technical support, which can be signal for a completed correction within uptrend by Elliott wave theory.
Bitcoin Bounces Off Lows
Article By:
James Harte
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Wednesday, June 7, 2023 5:00 AM EDT
Bitcoin futures are still fighting to get back above the 27415 level today. Following a dip lower towards 24930 support earlier in the week, the market has since rebounded and is now testing the upper level once again.
In this article: BITCOMP
Bitcoin Rises Back Above $27,000 A Day After SEC Sues Binance
Article By:
The Tokenist
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Tuesday, June 6, 2023 6:37 PM EDT
While two of the biggest companies in the digital assets industry were hit with a lawsuit in only two days, the world’s largest cryptocurrency—and many others—entered into a decisive recovery by Tuesday afternoon.