Crypto

Source: Coin Tegraph Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside? Read Full Article

Source: Bitcoinist Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has openly slammed the United States Securities and Exchange Commission (SEC) for its most recent legal move, marking a significant step in the ongoing dispute over XRP and the blockchain payment firm.  US SEC’s Appeal Move Receives Backlash From Stuart Alderoty The prolonged legal tussle between…

Source: Coin Tegraph A crypto trader opined that market participants should step back from the Bitcoin “Uptober” hype and look at the bigger picture. Read Full Article

Source: Bitcoinist AT&T is back in the news again for new legal challenges related to a sensational SIM swap case in which crypto worth $24 million was stolen from an investor by the name of Michael Terpin. Recently, a division of the Ninth Circuit Court of Appeals overturned a recent ruling by the lower court…

Source: Coin Tegraph Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.  Read Full Article

Source: Bitcoinist The trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio may point towards a top being yet to occur in the current cycle. Bitcoin MVRV Ratio Hasn’t Yet Hit The Peaks Of Previous Cycles In a new post on X, the market intelligence platform IntoTheBlock discusses the historical trend of the…

Source: Coin Tegraph Bitcoin is currently forming a weekly bearish engulfing candle, which can precede a price drop to $57,800 and $54,500 support zones.  Read Full Article

Source: Bitcoinist Shiba Inu might be undergoing a bearish correction, but on-chain data suggests some good news and hints at something positive coming in the next few days. Particularly, on-chain data shows that the activity among large holders has spiked positively in the past 24 hours. This data is reflected through the large holder netflow…

Source: Coin Tegraph Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader. Read Full Article

Source: Coin Tegraph Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles.  Read Full Article