SEC’s legal battles with Binance, Coinbase could reshape the crypto landscape
SEC’s legal battles with Binance, Coinbase could reshape the crypto landscapeCryptoSlate's latest market report dives deep into the SEC's lawsuits against Binance and Coinbase, and the potential effects they could have on the broader crypto market.
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SEC’s legal battles with Binance, Coinbase could reshape the crypto landscapeCryptoSlate's latest market report dives deep into the SEC's lawsuits against Binance and Coinbase, and the potential effects they could have on the broader crypto market. α Weekly ResearchWhy is Bitcoin is holding strong in spite of the SEC’s regulatory crackdown?Bitcoin lost only 7.3% on news about the SEC's lawsuits, as $25,300 represented the bottom of a tight trading range. Market rebounds after SEC lawsuits spur brief panicThe crypto market demonstrated its resilience by quickly recovering from major losses triggered by the SEC's lawsuits against Binance and Coinbase. α Top Insights
More α ResearchAsia’s Bitcoin supply soars amid shifting regulatory landscapesBitcoin supply held by entities in Asia increased by 9.9% in 2023, as the region begins introducing crypto-friendly regulation and U.S. tightens its regulatory stance. Traders turn to stablecoins as regulatory pressure in the US ramps upTraders have been ditching BTC and ETH, as increased regulatory pressure in the U.S. pushes them toward Tether's USDT. Bitcoin outperforms commodities as market gears up for high volatilityBitcoin has outperformed gold and silver in the past three months, but on-chain analysis suggests its recent stability could be short-lived.
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Top Metaverse tokens gearing up for growth amid potential Apple’s XR release at WWDC
Monday, June 5, 2023
New developments in the extended reality space have put a new focus on metaverse tokens, with some poised to see notable growth in the coming months.
How Bitcoin could offer a safe haven in the face of a global inflation crisis
Sunday, June 4, 2023
CryptoSlate's latest market report dives deep into the far reaching impacts of inflation and explores Bitcoin's position as a potential hedge.
Republican lawmakers distinguish crypto commodities and securities in draft bill
Saturday, June 3, 2023
The proposal attempts to set out clear roles for the US SEC and CFTC.
Elon Musk’s Twitter-to-Doge logo switch raised as evidence in lawsuit
Friday, June 2, 2023
New facts and evidence could counter Musk's previous attempts to dismiss the case.
Gate.io denies rumors of withdrawal issues following Multichain’s unrelated crisis
Thursday, June 1, 2023
Arkham Intel and other high-profile accounts likely spurred those rumors.
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