|Day's Range||0.000012 - 0.000012|
|52 Week Range||0.000012 - 0.000026|
|Volume (24hr) All Currencies||10.46k|
O’Leary criticized Coinbase leadership for “butting heads” with the SEC — which on Tuesday sued the cryptocurrency exchange for acting as an exchange, a broker, and a clearing agency without registering.
Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
Bitcoin and Ether rose but most top 10 cryptos were unable to escape the gravity of the SEC’s lawsuits against Binance and Coinbase.
Fears Over Fiat Withdrawals Could Be Driving Users To On-chain Assets
The SEC lawsuits against Binance and Coinbase have sent alt coins tumbling. Binance’s BNB lost 15.7% over the past week.
As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned.
The belief that the SEC will not label bitcoin as a security is encouraging investors to stick with the world’s largest cryptocurrency despite the new industry turmoil.
The billionaire investor said in January 2018 that he would happily place a five-year bet against bitcoin and other cryptocurrencies.
The SEC cracks down on crypto as it leads two separate lawsuits against exchange platforms Coinbase and Binance. Yahoo Finance crypto reporter David Hollerith joins the Live show to detail the exact charges levied against the crypto companies.
Coinbase shares fell after the SEC sued the crypto exchange. However, Lisa Ellis, Senior Equity Analyst at MoffettNathanson (a division of SVB Securities), says it could present a buying opportunity for some investors. Ellis tells Yahoo Finance Live why the suit provides clarity for Coinbase and its investors.
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
Most top 10 cryptos rebounded, despite the SEC suing Coinbase exchange a day after it sued Binance’s U.S. arm.
Small cryptos often rise and fall with BTC and ETH — the market’s two biggest players. The concentration risk is profound, and here's why you should care.
Nearly all top 10 tokens rebounded as investors look beyond U.S. regulator’s lawsuits against two of the world’s most influential crypto exchanges.
Crypto exchange platform Coinbase is being sued by the Securities and Exchange Commission for allegedly operating as an unregistered securities exchange. Yahoo Finance caught up with various experts, analysts, and reporters to discuss the impact on the crypto market. Yahoo Finance's Jennifer Schonberger broke down the SEC's allegations against Coinbase. Schonberger said, "The SEC is suing Coinbase this morning in the Southern District of New York for failing to register its trading platform with the agency alleging that it was an unregistered National Securities Exchange broker and clearing agency." Mark Palmer, Berenberg Capital Markets Senior Equity Research Analyst – Fintech and Digital Assets, discussed the implications of the lawsuit and whether Coinbase (COIN) may be able to pivot its operations overseas. Palmer said, "That really is one of the big questions now with regard to Coinbase, is will it be able to pivot overseas? In the first quarter, the US represented about 86% of Coinbase's net revenue. That is not an easy pivot to execute." Delta Blockchain Fund General Partner Kavita Gupta discussed the questions digital asset holders have around crypto regulation. Gupta said, "What are actually securities and not securities? And does the SEC actually create a pathway and say this is how it should work?" Yahoo Finance legal reporter Alexis Keenan explained the SEC's suit against Coinbase in detail. Keenan said, "The agency says it's acting as a broker, an exchange, a clearing agency, and also a seller of securities. They say as a result, Coinbase is then evading disclosure laws that were specifically set up to protect consumers by Congress." Yahoo Finance markets reporter Jared Blikre took a look at the market reaction and what it could mean for the crypto industry. Blikre said, "The bottom line here is if the SEC doesn't completely shut down Binance and Coinbase, then it's probably not going to derail crypto." Video highlights: 00:00:03 - Yahoo Finance's Jennifer Schonberger 00:00:31 - Yahoo Finance markets reporter Jared Blikre 00:00:45 - Mark Palmer, Berenberg Capital Markets Senior Equity Research Analyst – Fintech and Digital Assets 00:01:17 - Delta Blockchain Fund General Partner Kavita Gupta 00:01:25 - Yahoo Finance legal reporter Alexis Keenan 00:01:45 - Yahoo Finance markets reporter Jared Blikre
Coinbase is the second crypto exchange to face an SEC lawsuit in as many days.
The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.
Bitcoin is trading lower after the Securities and Exchange Commission sued both Binance and Coinbase. Yahoo Finance market reporter Jared Blikre breaks down the market reaction.
Prices of some major cryptocurrencies dropped Tuesday after the Securities and Exchange Commission [sued crypto exchange Coinbase](https://www.wsj.com/articles/sec-sues-coinbase-says-it-is-unregistered-broker-dealer-95ec0637?mod=hp_lead_pos2) and said it considers more than a dozen coins it traded to be securities. + Tokens of the Solana, Cardano and Polygon networks, which were among those listed as securities in the SEC suit, tumbled between 6% and 9% each. The lawsuit against Coinbase came after a similar action against Binance Monday, which also sent crypto prices falling.
Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
"Coinbase's alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation," Gary Gensler said.
Crypto markets were steady as the regulator filed a lawsuit against Coinbase, a day after filing charges against Binance.
Crypto platform Coinbase is being sued by the Securities and Exchange Commission, which alleges the company is operating as an unregistered securities exchange. Yahoo Finance's Jennifer Schonberger breaks down the SEC's allegations.
Bitcoin’s price fell to its lowest point in weeks on Tuesday as the US Securities and Exchange Commission announced it is suing crypto exchange Binance.
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.