“Most cryptocurrencies go to the SEC […] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said U.S. Senator Kirsten Gillibrand.
Headline
Month: June 2022
Legal troubles mount for Terraform Labs as Seoul police investigate
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation.
Lithuania aims to tighten crypto regulation and ban anonymous accounts
The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets.
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September
The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse.
Bitcoin bears have plenty of reasons to hold BTC price below $32,000
Regulatory pressure and macroeconomic uncertainty continue to pin traders’ sentiment and BTC price under $32,000.
Traders target $1,400 Ethereum price after ETH drops closer to a critical support level
Ethereum’s Ropsten testnet successfully integrated the merge to become proof-of-stake, but this hasn’t stopped traders from adjusting their downside price targets.
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
Liquid staking firms could default on their Ether obligations if The Merge does not happen.
Bitcoin will finish 2022 ‘flat, possibly up’ says analyst as Saylor bets on $1M BTC
Mixed messages on BTC price action as Fundstrat’s Tom Lee hopes Bitcoin has “already bottomed.”
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
Bitcoin simply will not budge from its multi-week range, and morale is suffering as a result.
Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry
Bulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry.