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CATEGORY: sec lawsuits

Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchanges
Author: Andjela Radmilac
United States
Source: CryptoSlate
Jun 15, 2023 05:50

Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchanges

The SEC’s lawsuits against Binance and Coinbase have had a notable impact on the crypto market, affecting the behavior of all market participants, particularly short-term holders. Short-term holders (STHs) are addresses that have held onto their coins for less than 155 days. While often appearing impulsive, this cohort’s actions provide an essential insight into broader […]

The post Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchanges appeared first on CryptoSlate.

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Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 13, 2023 01:20

Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’

The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings. Etoro Reveals Plans to Delist 4 Crypto Assets Based in Tel

The post Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’ appeared first on BTC Ethereum Crypto Currency Blog.

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SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 11, 2023 10:35

SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days

It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum has been withdrawn from exchanges, with data revealing that nearly $996 million worth of [...]

The post SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days appeared first on Crypto Breaking News.

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Singapore’s Crypto.com to Halt US Institutional Division Citing ‘Limited Demand’
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Jun 10, 2023 01:20

Singapore’s Crypto.com to Halt US Institutional Division Citing ‘Limited Demand’

Singapore-based cryptocurrency exchange Crypto.com announced that it intends to halt services for institutional traders in the United States on June 21, 2023. The exchange cited “limited demand” as the reason for suspending its institutional offering. Crypto.com to Cease U.S. Institutional Services on June 21 Crypto.com, the Singapore-based cryptocurrency exchange with 80 million customers worldwide, announced

The post Singapore’s Crypto.com to Halt US Institutional Division Citing ‘Limited Demand’ appeared first on BTC Ethereum Crypto Currency Blog.

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Market rebounds after SEC lawsuits spur brief panic
Author: Andjela Radmilac
United States
Source: CryptoSlate
Jun 07, 2023 05:50

Market rebounds after SEC lawsuits spur brief panic

This week’s market turmoil, induced by the announcement of the U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase, appears to have been a momentary blip rather than a sustained downturn. While initial reactions saw panic selling, the market’s swift recovery reflects its robustness. The SEC’s lawsuits come from its increasingly stringent scrutiny […]

The post Market rebounds after SEC lawsuits spur brief panic appeared first on CryptoSlate.

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