Coinbase utilized ongoing political developments in the U.S. Congress to strengthen its interlocutory appeal against the SEC. In a court filing dated May 24, Coinbase contended that the SEC attempted to "bypass" the Howey test, a legal standard used to identify securities. The crypto sector and the SEC have long disputed the application of this test to digital assets.
Read MoreRecent developments in China indicate that cryptocurrencies are still being used despite the government's ban. Chinese police have conducted multiple raids, uncovering illicit transactions worth billions of dollars involving cryptocurrencies.
Read MoreNew data from HODL15Capital indicates a substantial increase in spot market Bitcoin (BTC) exchange-traded funds (ETFs), with ten consecutive days of inflows amounting to over $1.68 billion.
Read MoreXRP, the native token of the XRP Ledger, might experience a surge from its current price level around $0.53 following significant developments in the cryptocurrency space.
Read MoreA mysterious cryptocurrency whale has made waves in the memecoin market by moving nearly $8 million worth of $PEPE from Binance, withdrawing 592 billion tokens after a recent price surge.
Read MoreThe price of meme-inspired cryptocurrency Dogecoin ($DOGE) has increased significantly during the last week by more than 10%. The increase in activity is ascribed to the increased interest signaled by whales, or huge investors.
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