The approval of Bitcoin ETFs in the US in January this year broadened the outlook of the crypto market for most investors. Attention quickly shifted to Ethereum with companies swiftly filing with the Securities and Exchange Commission (SEC) to offer spot ETH ETFs. For a short while, Ethereum price surged alongside Bitcoin price. Although the The post Will Ethereum Price Hit $10,000 If The SEC Changes Tune? appeared first on CoinGape .
Representative Patrick McHenry has accused SEC Chairman Gary Gensler of misleading Congress. This accusation emerged during a Financial Committee hearing on the lawsuit between Consensys Vs. SEC. McHenry pointed to court filings that question Gensler’s consistency regarding Ethereum’s (ETH) classification as a security. These filings show a possible contradiction in Gensler’s statements compared to previous The post Consensys vs. SEC: McHenry Accuses Gensler of Misleading Congress on Ethereum Classification appeared first on CoinGape .
With no signs of crypto market recovery, the growth of cryptocurrencies has been down for days. The crypto heatmap is stained in red, with a few cryptocurrencies succeeding with a surge. However, it is a temporary pause for the market, and a recovery phase is soon to occur, followed by a bull market by the The post 4 New Cryptocurrencies You Should Watch Out In May appeared first on CoinGape .
Beginning this week, Uniswap users can leverage Robinhood Connect to purchase cryptocurrencies with funds from their Robinhood accounts or a debit card, as well as via bank transfer.
Solana Price Analysis: On Tuesday, the cryptocurrency market witnessed a major outflow following the lead of Bitcoin price correction to $60000. The sudden sell-off tumbled most of the top altcoins including Solana which recorded an 11% intraday loss. The falling price teasing a breakdown from multi-month support hints the sellers lead an extended correction trend The post Solana Price Analysis: Will Market Sell-off Push $SOL Back to $100? appeared first on CoinGape .
Alliance Resource Partners now holds $25 million in BTC, which it earned with mining rigs first purchased in 2020.
PeckShieldAlert, a well-regarded blockchain monitoring entity, announced on April 30, that a wallet associated with the notorious Poloniex hack had transferred around $32 million in funds to three wallets. This seems as if an act of hiding the source of the illegal money. Hacker Tries to Conceal Poloniex Funds Repeatedly The biggest transaction of the
Changpeng Zhao, the former CEO of cryptocurrency exchange Binance, was recently sentenced, which led to a variety of reactions. Zhao, charged with noncompliance in the implementation of an adequate anti-money laundering program in Binance, was given four months in prison. This is in spite of the fact that the Department of Justice (DOJ) did not The post DOJ “Sweet Deal” for Binance Changpeng Zhao Faces Backlash for Leniency appeared first on CoinGape .
Amid the post-halving volatility in Bitcoin, the altcoin market has showcased a consolidating trend with a slight bearish tone. ENA, the token of decentralized finance (DeFi) protocol Ethena, is reflecting this downswing by resonating within two downsloping trendlines of falling wedge patterns. However, this pattern is known for indicating the maturity of a downtrend indicating The post Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1 appeared first on CoinGape .
The crypto industry is likely to witness an influx of different digital assets Exchange Traded Funds (ETFs) as Litecoin proponents are now mulling the possibility of having a LTC ETF. Litecoin Structural Similarities With Bitcoin Defined Litecoin founder, Charlie Lee recently graced an interview where he spoke with optimism about the potential of a spot The post Spot Litecoin ETF: Founder Charlie Lee Teases Possibility appeared first on CoinGape .