The post OpenSea Clears SEC Investigation: Implications for Coinbase and the Future of NFTs appeared on BitcoinEthereumNews.com. According to Bloomberg reports dated February 22, OpenSea has announced that the U.S. Securities and Exchange Commission (SEC) has wrapped up its investigation of the prominent NFT marketplace. This marks a significant development in the regulatory landscape for […]
Analysts Sound the Alarm on Dogecoin’s 50% Drop—But XYZVerse Is the Hottest Crypto Right Now
The post Analysts Sound the Alarm on Dogecoin’s 50% Drop—But XYZVerse Is the Hottest Crypto Right Now appeared on BitcoinEthereumNews.com. Dogecoin’s unexpected plunge, losing half its value, has analysts expressing concern over its future. In stark contrast, XYZVerse is emerging as the most talked-about cryptocurrency today. Explore what is driving XYZVerse’s sudden rise in popularity […]
Coinbase set to win SEC dismissal in ‘major win,’ analyst says
The post Coinbase set to win SEC dismissal in ‘major win,’ analyst says appeared on BitcoinEthereumNews.com. Coinbase announced on Feb. 21 that the U.S. Securities and Exchange Commision is set to dismiss its June 2023 lawsuit against the crypto exchange, a move that analysts at H.C. Wainwright & Co. call a “major win” for the […]
Dogecoin (DOGE) Liquidation Fades, but There’s Catch
The post Dogecoin (DOGE) Liquidation Fades, but There’s Catch appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) has found support at the $0.250 level amid the struggles to climb higher in value. However, DOGE’s growth has been sideways instead of upward. Despite the limited growth being experienced by DOGE, on-chain metric signal severe liquidations could be over. Dogecoin […]
Bitcoin, XRP and Dogecoin Sink Amid Inflation Fears and Bybit Hack Fallout
The post Bitcoin, XRP and Dogecoin Sink Amid Inflation Fears and Bybit Hack Fallout appeared on BitcoinEthereumNews.com. Crypto markets have turned red after top digital assets exchange Bybit was hit by a $1.4 billion hack, plus investors were spooked by renewed inflation concerns. CoinGecko data shows that big digital coins Bitcoin, Ethereum, and XRP are all […]
CryptoQuant CEO Declares the Start of Altcoin Season
The cryptocurrency market is experiencing an ‘alt season’ starting, as indicated by the CEO of Crypto Quant. This period usually sees alternative coins and tokens gaining momentum and outperforming Bitcoin. Altcoins have their distinct appeal and can offer unique opportunities for investors looking to diversify their portfolios. The CEO highlighted the increasing volume and sentiment […]
SEC closes investigation into OpenSea NFT marketplace
The Securities and Exchange Commission (SEC) has concluded its investigation into the popular NFT platform, OpenSea. This marks a significant development for the platform and the broader NFT market. The SEC had been looking into potential securities violations on the platform, which allows users to buy and sell digital assets. OpenSea has emerged as a […]
Argentina’s Crypto Adoption Falters Amid LIBRA Memecoin Scandal Involving Milei
Argentina’s aspirations for crypto adoption have been dealt a blow following the Libra meme coin scandal involving famed economist Javier Milei. The incident, which unfolded on social media, saw Milei promoting Libra, a cryptocurrency that turned out to be a meme coin with no real value. This misstep by the renowned economist has caused confusion […]
Analyst Identifies Key Support For Cardano Price Bullish Momentum
Crypto analyst Ali Martinez has noted key support levels for Cardano (ADA) price between $0.67 and $0.80. He emphasized their role in sustaining the current bullish trend. According to Martinez’s analysis, these levels have historically acted as both resistance and support for the altcoin. The repeated interaction with this range indicates its significance in determining […]
Halt Withdrawals: CZ and Justin Sun Offer Support Following Bybit’s $1.5B Hack
TLDR: Bybit cryptocurrency exchange suffered a massive $1.5 billion hack on Friday, with hackers targeting Ethereum and related assets through a sophisticated “musked” transaction method Binance founder CZ advised Bybit to halt all withdrawals as a security measure, despite concerns this could increase market fear Bybit CEO Ben Zhou confirmed the exchange remains solvent with […]