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The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities. The U.S. regulator has accused the crypto exchange of offering unregistered
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Some addresses, such as "0x08De,” withdrew over 50,000 ether and deposited over 5,000 ether on crypto exchange Hubby's Ethereum staking tool. The remaining 45,000 ether was deposited on spot wallets, but data did not immediately suggest if 0x08De intended to sell the holdings. Source
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Harry Dent, economist and author of several best-selling books, has warned that the biggest crash in our lifetime is “going to hit between now and about mid-June.” He stressed: “People are going to know this is not a big correction — it is a major crash, one that you have
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William Callahan joined CryptoX TV’s “First Mover” to discuss the Treasury Department’s sanctioning of the mixing service. Source
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Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin by creditors could slow BTC’s recovery in the crypto markets. Creditors of the non-functioning crypto exchange Mt. Gox
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Quick take:Bitcoin’s dominance has fallen consistently since the beginning of 2021BTC’s dominance fell from 73% to 59% allowing alt-coins to thriveBitcoin’s dominance is now battling to regain the crucial 63% that could see BTC back in full control of the crypto marketsBitcoin is at the cusp of confidently breaking $50k
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In his 2017 book, “Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage,” Harry Dent forecast a catastrophic economic crash would hit us no later than early-2020. Dent saw the developed world arriving at the pointy-end of a long and unsustainable period of technological progress
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The Dow Jones rallied 1.9% to start the week. If Wall Street was bothered by the release of Donald Trump’s tax returns, it didn’t show. Boeing stock led the Dow 30 with a monster 7% rally. The Dow Jones rallied over 500 points on Monday, powered by a massive surge in Boeing stock
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In brief:What looked like a sure altseason, has been slowed down by Bitcoin pumping past $11k. Bitcoin’s dominance in the crypto markets has experienced a massive rebound. BTC’s push above $11K has stolen the show as it points to a Bitcoin bull market. Bitcoin (BTC) has had an amazing ride that has caught
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