Attorney John Deaton expects more regulatory action from SEC Chair Gary Gensler that will drive crypto prices lower.
Deaton in Tweet says he expects Gensler to sue an exchange arguing that exchange’s tokens are unregistered securities. He strongly believes prices in the crypto Industry could plummet even further, letting traditional institutions like Goldman Sachs or JPMorgan Chase to buy up shares in this sector. “I’ve been saying for a year that this was […]
Securities and Exchange Commission (SEC) tries to delay the ruling on Ripple and XRP
The US Securities and Exchange Commission (SEC) has asked to invalidate the documents relating to 2018 in which Hinman claims decisive things for the outcome of the legal dispute between the American regulator and Ripple Labs, sparking criticism from sympathizers and investors. The Securities and Exchange Commission filed a motion to block the aforementioned summary […]
The Sandbox Metaverse NFTs suffer a decline in sales
In the last days, the famous blockchain metaverse “The Sandbox” has seen a 20% drop in the sale of its NFTs. Not only that, the volume and number of traders have also decreased. According to DappRadar, the popular blockchain metaverse “The Sandbox” has experienced a 20% drop in NFT sales in the past days. Specifically, […]
Solana crypto falls sharply due to the collapse of FTX
The link between Solana (SOL) and the former crypto exchange platform FTX, was dictated a lot by the large investments made by Sam Bankman Fried during the bull market of 2020/2021. After the advent of the bear market, but above all the collapse of one of the most important exchange platforms linked to the Solana […]
MicroStrategy has increased its Bitcoin Holdings by ~2,500 BTC
As of 12/27/22 MicroStrategy currently holds ~132,500 bitcoin ($2.2 billion market value at the time of publication) acquired for ~$4.03 billions with an average price of ~$30,397 per bitcoin. According to a new filing with the U.S. Securities and Exchange Commission, MicroStrategy said that it bought 2,395 BTC at an average price of $17,181 for a total […]
FTX customers file a class-action seeking priority reparations
FTX’s clients filed a class-action lawsuit against the failed cryptocurrency exchange, Sam Bankman-Fried and other former top executives, seeking a statement that the company’s digital asset holdings belong to the clients. Filed in US Bankruptcy Court in Delaware, the case is the latest legal action to recover the FTX’s assets since customer class members don’t […]