Wednesday, June 7, 2023

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BTC and ETH Rebound in V-Shaped Recovery Despite SEC Complaint

BTC and ETH witness V-shaped reversal, overcoming negative impact of SEC complaint.Surge in options volume indicates market resilience.Noteworthy ETH block calls traded, reflecting cautious...

Bitcoin Price Analysis: BTC Could Soon Revisit 28,500

Bitcoin price is attempting a fresh increase from the $25,500 zone against the US Dollar.The price is now trading near $27,000 and the 55...

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Binance’s Acquisition Of Gopax Collapsed After SEC Lawsuit

The industry anticipates that South Korean authorities would reject this modification report since the US Securities and Exchange Commission has accused Binance of allegedly...

Big Finance World

Coinbase trader makes $25M on options bets day before SEC suit

A trader has banked millions of dollars with an options bet against Coinbase placed just a day before the Securities and Exchange Commission (SEC)...

Binance’s venture deals in the US dried up in months before SEC lawsuit

Binance Labs, the $9 billion venture arm of the crypto exchange operator, largely eschewed dealmaking in the United States this year as its disputes...

Robinhood Retirement Reaches $500m in Investments

Since its launch in January 2023, Robinhood Retirement has sparked massive interest among retail investors. The company confirmed to Finance Magnates that its customers...

Binance CEO And Coinbase CEO Lose Wealth After SEC Attack

The Bloomberg Billionaires Index showed that Binance CEO Zhao Changpeng’s net worth shrank by $1.4 billion to $26 billion in the past two days,...

Cathie Wood’s ARK Funds Strike Gold With $21.64M Investment in Coinbase

On June 6, the multiple ARK funds managed by Cathie Wood added a total of 419,324 shares of Coinbase stock (COIN), equivalent to approximately...

Legal Recipes

News on crypto regulation in Italy

In late May, a roundtable discussion was held at Palazzo Montecitorio dedicated to crypto regulation in Italy. From this table emerged the idea of...

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