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Crypto Coffee Can

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Category: Cryptocurrencies

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Crypto Coffee Can

19 Mar, 21:09

🚀 BTC breaks major resistance $28000

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18 Mar, 04:15

🚀 BTC breaks $27000

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14 Mar, 17:01

🚀 BTC breaks $26,000

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⚡️ Meta Is Winding Down Its NFT Project Very Soon After Launch

After working on the non-fungible tokens (NFTs) project for more than 18 months, Facebook parent Meta (NASDAQ: META) has announced its shutdown.

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12 Mar, 08:34

⚡️ Some Crypto Funds Confident Of USDC Recovery Amid SVB Contagion

The cryptocurrency market displayed signs of recovery amid concerns of liquidity issues stemming from the failure of two US banks —Silvergate and Silicon Valley Bank. But the depegging of USD Coin (USDC) is reminiscent of the Terra stablecoin terraUSD (UST) in 2022. The USDC stablecoin had at one point lost 12 cents of value owing to its exposure to the Silicon Valley Bank. Circle, the USDC operator, said it has exposure to around $3.3 billion of stablecoin reserves in the bank.

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10 Mar, 08:41

⚡️ KuCoin Crypto Exchange Sued By NYAG Over Selling Securities

On Thursday, the office of the New York Attorney General filed a lawsuit against the cryptocurrency exchange KuCoin, saying that the company marketed unregistered securities and commodities. According to the allegations made by NYAG in the lawsuit, the Seychelles-based KuCoin has been conducting business in New York without being registered as a securities and commodities broker-dealer.

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8 Mar, 07:44

⚡️ Binance US Wins Court Approval To Buy Bankrupt Voyager Digital Assets

Amid all the back-and-forth over the last week, Binance US has finally got the approval to acquire the assets of bankrupt crypto lender Voyager Digital. On Tuesday, March 7, Michael Wiles, a bankruptcy judge in the Southern District of New York, overruled all the objections while ruling in favor of the sale.

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7 Mar, 07:30

⚡️ U.S. SEC Continues Crypto Crack Down; Charges BKCoin For Running “Ponzi-like Scheme”

In its most recent round of enforcement actions, the U.S. Securities and Exchange Commission (SEC) has taken emergency action against a cryptocurrency hedge fund and one of its co-founders concerning an alleged $100 million crypto fraud. On Monday, a Florida court granted the financial watchdog emergency relief to freeze assets of the Miami-based BKCoin and its co-founder Kevin Kang.

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4 Mar, 10:21

⚡️ Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin

Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers as an airdrop, and for cashback purposes.

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2 Mar, 10:03

⚡️ Coinbase CEO Brian Armstrong Takes Jab At U.S. SEC, Asserts “Staking” Is Not A Security

Coinbase News: In the midst of a widespread regulatory crypto crackdown, Brian Armstrong, co-founder and chief executive officer of Coinbase Global Inc., stated that the “staking” service offered by many in the crypto space should not be considered a security. In a recent telecasted interview, Armstrong also cited reasons for its recent removal of rival Binance’s BUSD stablecoin and their present relationship with the U.S. Securities and Exchange Commission (SEC).

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28 Feb, 09:50

⚡️ Robinhood Faces US SEC Subpoena For Its Crypto Operations

In a recent development, Robinhood Markets has received a subpoena facing an investigation from the U.S. Securities and Exchange Commission (SEC) over its crypto operations like crypto listing, crypto custody, etc.

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25 Feb, 13:12

🪙 Crypto Prices Today: Cardano (ADA), Polygon (MATIC), XRP (XRP), Solana (SOL)

The market is trading in red today, as most of the significant coins see a decline.🔻

As of writing, Bitcoin price decreases by 3.23% in the last 24 hours. Ethereum price decreases by 2.90%.

Crypto prices today for Cardano fell by 3.93%. XRP is down by 2.58%. Solana price drops by 4.44%. Polygon is down by 5.31%. Polkadot price dips by 5.93%.

The meme cryptos also see a decrease in the last 24 hours. Dogecoin price plunged by 2.08% whereas Shiba Inu price dropped by 4.31%.

The global crypto market cap stands at 1.09 trillion USD, a decrease of 1.57% over the past day. The total crypto market volume in the last 24 hours decreased by 8.66% and is currently at 56.22 billion USD.

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23 Feb, 08:51

⚡️ Crypto Exchange CoinEx Sued In New York Over Financial Violation

Scrutiny against crypto players in the United States continues in the wake of the U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto companies. In a latest, a New York Attorney filed a complaint against a crypto exchange around regulatory compliance. After the FTX collapse in November 2022, global regulatory bodies ramped up efforts to streamline the crypto market in terms of guidelines. Despite all the crackdown, the US regulators have been accused of only enforcing rules without any clarity on the law around cryptocurrencies.

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22 Feb, 07:30

⚡️ Hidden Agenda Behind SEC’s Crypto Custodian Shake Up

Amid much speculation about the outcome of the XRP Vs SEC lawsuit, Attorney John Deaton, who represents XRP holders, made an observation about the U.S. Securities and Exchange Commission’s (SEC) recent proposal to change rules on custody of assets. The recent rule change from SEC, after finalization, would affect crypto custodians, who would then have to ensure independent audits on user assets. However, these sweeping changes could benefit mainstream financial companies, who have the advantage of regulatory compliance record as against the disrepute crypto companies bagged in the last 12 months.

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21 Feb, 05:33

⚡️ US Congress Delegation Visiting EU To Study MiCA Amid Crypto Crackdown

Amid the crypto crackdown by regulators in the U.S., the Congress sending a team to the European Union to study the Markets in Crypto-Assets (MiCA) crypto regulation. The recent regulatory action against crypto is a major concern for the crypto space.

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19 Feb, 07:30

⚡️ Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are the best investments for “unstable times.”

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18 Feb, 08:14

⚡️ US Congress To Act Soon As Banks Isolate Binance

With the recent regulatory actions, the U.S. is currently facing heavy criticism of the way it is handling crypto industry. While industry insiders feel the US faces danger of losing a chance to be home for a new financial hub with crypto assets, the U.S. Securities and Exchange Commission (SEC) recently placed restrictions on crypto staking service offered by Kraken. This move was seen as the US regulators’ view to pose a warning to the crypto market. Also, crypto exchanges like Binance are having a tough time to find a banking partner in the US, owing to a hostile environment.

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16 Feb, 08:37

⚡️ U.S. Voters Can Now Donate In Crypto To Politicians; However Conditions Apply

What comes as a latest crypto news in relation to U.S. political campaigns, the Kansas Legislature has considered introducing a new bill that, if passed, would place a $100 limit on the amount of cryptocurrency that can be donated for use in either primary or general elections. In the event that the law is set in motion, this cap would be determined by the “fair market value” of the cryptocurrency at the moment it was received by the payments processor.

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15 Feb, 07:45

⚡️ U.S. Senate Banking Committee Looks For Regulatory Clarity In “Crypto Cash” Hearing

In a Valentine’s Day scheduled hearing, skeptical members of the Senate Banking Committee are hearing both crypto enthusiasts and evangelists to understand the recent “crypto crash” while advocating new, more stringent regulatory safeguards to protect consumers in the United States. This comes after a string of failures that plagued the cryptocurrency industry over the course of the past year, starting with the FTX debacle.

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15 Feb, 07:44

⚡️ FTX Investor Lawsuit Targets VC Giants Sequoia and Paradigm

The fallout of the crypto exchange FTX has left deep scars on the investor community as more lawsuits continue. In the latest FTX investor lawsuit, venture capital and private equity giants like Sequoia Capital, Paradigm, and Thoma Bravo were accused in a lawsuit promoting the legitimacy of FTX.

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