Category: CoinDesk
A new breed of meme coins have spawned on Solana this week with speculators hopping on a new wave of cartoonish coins focused around politicians and celebrities. Source: https://www.coindesk.com/business/2024/03/06/biden-and-trump-themed-meme-coins-take-center-stage-on-solana/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Some meme coins are surging in anticipation of more exchange listings in the coming months. Source: https://www.coindesk.com/markets/2024/03/06/solana-meme-coin-dogwifhat-surges-48-outperforming-bonk-doge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitstamp describes itself as the “first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore.” Source: https://www.coindesk.com/policy/2024/03/06/european-crypto-exchange-bitstamp-receives-in-principle-approval-in-singapore/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto markets slid as much as 10% in the past 24 hours, but have quickly been bought up by bulls. Source: https://www.coindesk.com/markets/2024/03/06/bitcoin-rebounds-as-150k-target-for-2024-comes-in-view/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
“The allegations of the SEC severely undermined institutional trust in our platform,” Binance.US executive Christopher Blodgett said during a deposition. Source: https://www.coindesk.com/policy/2024/03/06/binanceus-slashed-two-thirds-of-its-workforce-as-revenue-plunged-after-sec-lawsuit-court-transcript/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021. Source: https://www.coindesk.com/policy/2024/03/06/shapeshift-settles-sec-charges-it-sold-crypto-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs. Source: https://www.coindesk.com/markets/2024/03/06/bitcoins-test-of-all-time-highs-means-old-miners-are-cashing-out/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, …
The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday. Source: https://www.coindesk.com/policy/2024/03/05/binanceus-not-being-totally-forthcoming-sec-complains-in-new-filing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Investors are pouring money into spot ETFs while avoiding miners due to risks related to Bitcoin’s halving event. Source: https://www.coindesk.com/business/2024/03/05/bitcoin-soared-to-an-all-time-high-so-why-arent-miners-blasting-off-too/?utm_medium=referral&utm_source=rss&utm_campaign=headlines