SEC to drop lawsuit against Kraken, ending a “wasteful, politically motivated campaign”
The SEC filed a lawsuit against Kraken in 2023 The agency argued that the platform was operating without conducting the proper registration Kraken said the SEC’s decision was a “turning…
Coinbase scores major win as SEC set to drop lawsuit
Coinbase says the SEC has agreed to dismiss its lawsuit against the US-based crypto exchange. The SEC sued Coinbase in 2023 but with Gary Gensler’s exit, the regulator is eyeing…
How low can Pepe Coin (PEPE) drop after the whale-triggered selloff?
Whales have sold off over 1.1 trillion PEPE coins. Technical indicators signal a potential for further decline. The immediate support is at $0.00000782, with the risk of a drop to…
Bitcoin price drop caused by profit-taking and macroeconomic conditions
Bitcoin dropped to $89,900 on January 13, its lowest decline in two months James Toledano, COO at Unity Wallet, said one of the reasons for the drop is profit-taking after…
Italy will drop plans to increase tax on crypto capital gains
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and…
DeFi protocol Pendle sees 40% drop in TVL
Pendle TVL has dropped sharply over the past week, from $6.2 billion to $3.7 billion. Meanwhile, PENDLE price is down 16% in the same period. Pendle, the yield tokenization protocol…
Arbitrum (ARB) price drop signals opportunity as Algotech (ALGT) raises over $3M in three weeks
Potential rebound signals for Arbitrum (ARB) despite the current 18.54% price drop. Algotech utilizes advanced AI for sophisticated trading strategies. Algotech presale raises $3 million, attracting over 8,500 unique ALGT…
Bitcoin supply in loss at 68% after BTC price drop from $31k local top
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss…
Apes give up as ApeCoin now stares at a possible drop below $3
ApeCoin has lost the battle at the resistance of $4.2 The cryptocurrency has been hit by the general weak crypto sentiment APE could drop to $3 if the bear pressure…
Bitcoin price prediction: How low can it drop?
Bitcoin price continued consolidating in Monday as a somber mood engulfed the cryptocurrency industry. The coin was trading at $16,760, which was slightly above last week’s low of $15,528. It…