A crypto investor who accurately called the bottom of the bear market last year is doubling down on some of his calls despite plunging markets. Chris Burniske, a partner at venture capital firm Placeholder and former analyst at ARK Invest, says that the recent downward price action in Solana (SOL) and Cosmos (ATOM) means very …
Monthly archives: June 2023
Gary Gensler Says Crypto Industry Teeming With Hucksters, Fraudsters, and Ponzi Schemes: Report
The Chair of the U.S. Securities and Exchange Commission (SEC) is doubling down on his harsh stance on crypto as he reportedly says that the industry is teeming with criminals and illicit activities. Speaking at the Piper Sandler Global Exchange and FinTech Conference in New York City, Gary Gensler says crypto reminds him of the …
A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Price Analysis Join us on social networks Altcoin prices crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. …
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Doge Rush Presale Live Now – The Ultimate Memecoin Revolution
Doge Rush is the latest project that combines memecoins with practical utility to give players a unique gaming experience and multiple income streams. It is […] Go to Source
SEC Asks Courts for Permission To Hunt Down Binance CEO Changpeng Zhao via ‘Alternative Means’
The U.S. Securities and Exchange Commission (SEC) is asking courts for permission to track down Binance CEO Changpeng Zhao in an “alternative” manner. In a new court filing, the SEC asks the District of Columbia Court for permission to freeze the assets of the companies operating as Binance.US: BAM Trading and BAM Management, as well …
SOL is not a security, says the Solana Foundation
The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase. News Join us on social networks The Solana Foundation took to Twitter to address for the first time the U.S. Securities and Exchange Commission’s classification of its native …
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North Korean hackers used shadow IT workers to carry out crypto heists
North Korea has built a shadow workforce consisting of thousands of IT workers, according to U.S. officials. This shadow workforce is linked with North Korea’s cybercrime operations and is used to carry out massive crypto hacks, The Wall Street Journal reported on June 11. For instance, these shadow workers targeted a Sky Mavis engineer last …
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Coinbase CEO says crypto industry needs clarity, either from Congress or case law
The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle” …
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The crypto crackdown will alienate ‘would-be Democrats’: Cameron Winklevoss
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Real ‘Altcoin Reckoning’ Hasn’t Even Happened Yet, Says Top Analyst Benjamin Cowen
A widely followed analyst says that the real “altcoin reckoning” is still on the horizon despite the latest crypto correction. In a new video update, crypto strategist Benjamin Cowen tells his 783,000 YouTube subscribers that those who believe altcoins can’t continue to drop further after their deep retracements over the past year should think again. …
Billionaire Jeff Greene Issues US Real Estate Warning, Says Industry Heading Into a ‘Very Frightening Time’
Billionaire Jeff Greene says the real estate industry is entering a new chapter that will test large portions of the American economy. In a new interview with Fox Business, the real estate entrepreneur says after years of artificially low interest rates, the shift towards more expensive capital could rock inexperienced investors not ready for rate …
5 Best Crypto Presales to Buy Now June 2023 – 100x Crypto?
Investors often buy tokens during a crypto presale at a discount in anticipation that their value will increase after the token is released to the […] Go to Source
Bloomberg Analyst Mike McGlone Issues Warning, Says Bitcoin (BTC) May Have Turned Too Hot Within a Downtrend
Bloomberg Intelligence’s senior macro strategist Mike McGlone is outlining his bearish outlook on Bitcoin (BTC) after the crypto king’s strong performance in the first half of the year. McGlone tells his 58,000 Twitter followers that he thinks Bitcoin is in a poor technical position as it continues to edge downward despite the recent strength in …
Billionaire Ray Dalio Says US Entering Debt Crisis As Country Faces Shortage of Treasury Buyers
Billionaire investor Ray Dalio says that the US is already in the latter stages of a debt crisis and predicts that the government will find it difficult to seek sufficient buyers for newly issued bonds. In a new Bloomberg interview, Dalio says one reason why there could be a shortage of US debt buyers stems …
What is Robinhood, and how does it work
Robinhood’s business model sustains itself with multiple revenue streams, mainly through a practice known as payment for order flow. Order flow Order flow is a compensation structure widely used by Robinhood and other similar brokerages to process retail stocks, ETFs, options and crypto trades. This is how it works: When customers place trades on the …