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Despite DOGE's recent strong upside move, the OI response was negligible and a weak BTC could impact bulls.

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As U.S. SEC attacks on altcoins are getting traction, the Polygon (MATIC) co-founder decided to make things clear about the role of Polygon and its zkEVM development in Web3 progress.

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Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level.

 

Neither bulls nor bears are dominating today, according to the CoinMarketCap ranking.

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The U.S. Securities and Exchange Commission was seeking to freeze assets on Binance.US after suing the exchange and its global sister-entity Binance, CoinDesk reported Tuesday.

 

Dogecoin (DOGE) price is down 10% from a month ago. After the price slipped to a new 2023 bottom on Monday, DOGE long-term investors held firm as they looked to avoid booking historic losses.

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Cardano Price Prediction: On June 5th, the ADA price showcased a massive breakdown from the support trendline of the channel pattern carrying an uptrend in this coin for the past five months. This breakdown accelerates the selling pressure in the market and provides sellers a new resistance to pressurize prices to lower levels.

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The post Analyst Says Bitcoin Flashing Big Red Flag Signal, Predicts Major BTC Correction appeared first on The Daily Hodl.

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On-chain analytics provider Nansen has pointed out that Ethereum keeps setting new highs in LSD staking.

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On-chain data shows the Bitcoin realized loss metric has stayed at a low value recently, despite the volatility that the coin has experienced. Bitcoin Realized Loss Continues To Be At A Relatively Low Value According to data from the on-chain analytics firm Glassnode, investors realized just $112 million in losses during the recent plummet in the cryptocurrency's value.

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Over 80% of Cardano (ADA) addresses are already in the red. Some major investors now seem to be dumping their holdings.

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As the U.S. government's fight against crypto intensifies, there is some evidence the industry is weathering it better than past shocks.

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Despite regulatory uncertainty with news of the SEC lawsuit against Binance and Coinbase, bitcoin saw a strong rebound over the last 24 hours.

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Over the last few months, the SEC has taken to unilaterally labeling certain crypto assets as securities in unrelated lawsuits. But some industry participants say the agency doesn't understand the technology behind these tokens well enough to make this claim.

 

Cumberland withdrew 20k and 4.8k $ETH and other tokens from Coinbase and Binance. They also moved millions of USDC and BUSD amid market changes.

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In a recent lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance, the SEC classified several prominent cryptocurrencies, including Cardano (ADA), as securities. However, the Cardano Foundation's CEO has disagreed with this classification, emphasizing the need for regulatory clarity in the industry.

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Coinalyze data showed that the spot CVD has been in a firm downtrend over the past two days, when Solana faced rejection above the $22 mark.

 

His assertion that Ether is a security splits the crypto community in two opposite camps.

 

The price of Bitcoin is currently on a downward trajectory since it faced resistance at $30K in April. However, there are notable support levels that may prevent further decline.

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The U.S. Securities and Exchange Commission (SEC) cleared its intention to go after the crypto market. Meanwhile, the crypto industry remains united and disagrees with the SEC for actions against Binance and Coinbase, as Bitcoin and Ethereum, and Coinbase (COIN) prices rebounded.

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San Francisco-based BTC pre-accelerator firm Bitcoin Startup Lab has raised $1.5 million in a strategic funding round led by Sora Ventures. This puts the firm's valuation at $20 million.

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While the cryptocurrency community awaits the release of controversial documents as part of the lawsuit that the United States Securities and Exchange Commission (SEC) has filed against blockchain company Ripple, a lawyer has highlighted the agency's lack of evidence to support XRP as an investment contract.

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Cardano (ADA), one of the leading cryptocurrencies, is currently facing a cloud of uncertainty as concerns emerge regarding its potential delisting from the popular Robinhood trading platform. This article aims to delve into the implications and provide insights for both investors and the wider audience.

 

Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news.

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Ripple CEO Brad Garlinghouse recently took to Twitter to express his opinion on the recent comments made by Gary Gensler, the chairman of the SEC, regarding digital currencies. In particular, the executive's statement implied that he believes the SEC's authority is limited and that Gensler's actions are a sign of weakness.