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Which altcoins will survive the SEC crackdown? Bitcoin OG explains

16.6.2023
Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown

NFT Artwork Seized From Three Arrows Capital Fetches $10.9 Million in Sotheby's Auction

16.6.2023
Recent information disclosed by Sotheby's auction house reveals that the digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million in a New York auction held on June 15. In the aftermath of Luna and TerraUSD cryptocurrencies collapsing, 3AC was the first major...

Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities – Here's What You Need to Know

15.6.2023
Jay Clayton – former chairman of the U.S. Securities and Exchange Commission (SEC) – expressed a view of the crypto market on Wednesday that largely mirrors that of his current successor, Gary Gensler. ... Read More: Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities...

Stablecoin Market Records $2.4B in Redemptions in 30 Days as Leading Tokens Experience Supply Decline

15.6.2023
According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19% compared to the previous month. Stablecoin Economy...

Sweat Economy DAO votes to repurpose $10M of idle tokens

15.6.2023
The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract

Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector

15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...

AI Crypto Tokens Lose Steam as Post-Nvidia Earnings Hype Wears Off

14.6.2023
Render (RNDR) token has risen as a “unique case,” said an analyst

First Mover Americas: eToro Delists 4 SEC Targeted Tokens for U.S. Customers

13.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says

13.6.2023
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said

NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains

13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...

The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO

12.6.2023
According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers...

LADYS rapidly crashing. Is this why utility-dense tokens are solid alternatives?

11.6.2023
What started as a good run for Milady in the market has now ended. Analysts who have been tracking market data have noticed that meme coin has been declining steadily and is no longer maintaining its momentum. As a result, many Milady holders are switching to another meme coin which has been...

Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review

11.6.2023
Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities...

Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion

10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...