SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
The regulatory agency has taken umbrage with Coinbase’s attempt to subpoena SEC Chair Gary Gensler’s personal emails.
Financial
Financial
Financial
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.
Financial
Is Bitcoin Still a Store of Value?
It depends on what you’re trying to protect that value from. Market meltdowns like Monday’s? No. Confiscation or monetary inflation? Maybe.
Financial
Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren’s Headwinds
An Arizona candidate who received $1.4 million in crypto help, is maintaining a 67-vote lead several days after the primary election, with a small pile of votes left to verify and count.
Financial
First Mover Americas: Bitcoin Crashes to $50K as ‘Perfect Storm’ Hits Crypto Market
The latest price moves in crypto markets in context for Aug 5, 2024.
Financial
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
Aave shows defiance during the sell-off by profiting off user liquidations.
Financial
Crypto Stocks Slump as Bitcoin, Ether Tumble
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide.
Financial
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
The yen’s strong performance, rising almost 10% against the USD in three weeks, led to the unwinding of carry trades, contributing to the sell-off in risk assets and causing significant market volatility.
Financial
Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.