The SEC fined Tai Mo Shan Limited, a wholly owned subsidiary of Jump Crypto Holdings, $123 million for misleading investors about the stability of Terra USD, an alleged “algorithmic stablecoin” issued by Terraform Labs PTE Ltd. (Terraform). Tai Mo Shan is further charged with trading securities in unregistered transactions. The SEC established that the firm…
XRP crypto is at a crossroads, with prices near the $2.10 level trading down 13.31 percent in the past 24 hours. While the correction is welcome, the market still appears to be in for heightened volatility over the next few days. Recent developments show a lot of whale activity and potential short liquidations. Key Support…
The crypto market today is recovering from losses from the past 48 hours, with the market cap adding 1.34% gains in 24 hours to reach an impressive $3.4 trillion. Trading volumes too have surged by 10.25% to $291.27 billion, signaling renewed optimism among investors. This has been evident with the Fear & Greed Index signaling…
Solana is generating buzz with bold predictions of a massive price surge by the holiday season. At the same time, meme coins like BONK and DOGEN are turning heads with speculation of exponential returns. Growing hype, market momentum, and ambitious forecasts are fueling excitement, leaving investors eager to see if these bold claims will unfold…
Today is an important day in the cryptocurrency market, as $2.62 billion in Bitcoin and Ethereum options contracts are about to expire. This situation is expected to cause short-term price changes for both crypto, which have recently gone down. Bitcoin is at the top with $2.02 billion in contracts, and Ethereum is next with $598.99…
The U.S. Securities and Exchange Commission (SEC) has initiated legal action against Tai Mo Shan Limited, a branch of Jump Crypto Holdings LLC, for allegedly deceiving investors about the reliability of the algorithmic stablecoin, Terra USD (UST). How Did Tai Mo Shan Mislead Investors? According to the SEC, Tai Mo Shan created a false impression…
December 21, 2024 at 10:15 AM GST updated: December 20, 2024 at 10:16 PM 4 mins read Press Release The crypto market is buzzing with news as December heats up. Avalanche (AVAX) is grabbing attention with its massive $250 million token sale, potentially setting the stage for a price rally of over 1,000%. Meanwhile, Terra…
Home » Journal » Ethereum Price Prediction: Key Levels To Watch As ETH Reclaims $4,000 Crypto analysis from Trade City Pro has identified key levels to watch as the Ethereum price returns to the $4,000 mark. The analysis suggests the Ethereum price could be set for…
The U.S. Securities and Exchange Commission (SEC) has accused Tai Mo Shan Limited, a subsidiary of Jump Crypto Holdings LLC, of misleading investors regarding the stability of the algorithmic stablecoin Terra USD (UST). Misleading Investors About Terra USD The SEC claims that Tai Mo Shan created the impression that the algorithmic mechanism from Terraform Labs…
Binance Alpha announces a fourth batch of tokens, including BANANA, KOGE, and PSTAKE. New platform offers early exposure to high-potential tokens before Binance listings. Binance Alpha introduces ‘Quick Buy’ and improved Swap features for better user experience. Binance Alpha has announced its fourth batch of tokens. The pre-selected pool includes projects like BANANA, KOGE, BOB,…
The momentum behind the post-election rally appears to have slowed, with recent XLM and SUI prices leaving traders uncertain. At the same time, Lunex Network has quickly climbed to the top of analysts’ crypto price predictions as it showcases potential for long-term growth. With a 110% price surge in the past month, Lunex Network has…
The cryptocurrency market continues to showcase a dynamic mix of innovation, momentum shifts, and recovery narratives. Qubetics spearheads blockchain interoperability with its Web3-aggregated chain, TRON is poised for a potential rebound after a recent pullback, and Render navigates a path forward following a significant price drop. These projects highlight why they are some of the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CYBRO surges 200% to $0.1871 within 24 hours of listings on MEXC and Gate.io, with $2.5m trading volume. CYBRO, the native token of the new AI-powered earn marketplace, has jumped over 200% in the…
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market is feeling the impact of a sharp pullback, with over $1.2 billion in liquidations sweeping across exchanges in just a single day. As red dominates the charts, it might seem like a gloomy time for traders, but savvy investors…
Shiba Inu (SHIB), one of the most popular meme coins in the crypto world, recently faced a big drop in its value. After reaching its range high, SHIB’s price tumbled by 40%, leaving investors surprised and worried. What caused this sudden crash? Is it just a temporary dip, or could it be a sign of…
Cardano price drops 7% as MVRV ratio hits -15% Historical opportunity zone between -13% and -26% suggests reversal potential Critical $0.87 support level key for maintaining bullish outlook As Cardano experiences a 7% price decline, technical indicators suggest this pullback might present an opportune moment for investors. The convergence of several key metrics indicates the…
Cardano price has dropped below the $1 support level amid a broader crypto market crash. This decline aligns with BTC fall below $100k, signaling bearish market sentiment. Building on the bullish trend from the previous month, the ADA price now seems to be experiencing some pullback. Crypto Analyst Peter Brandt highlights potential further declines as…
As the crypto market buzzes with speculation, seasoned traders are turning their attention to Lightchain AI (LCAI)—a token priced at just $0.003 in its presale phase. While Ripple (XRP) grapples with regulatory challenges and Toncoin (TON) struggles to find its identity in a saturated market, Lightchain AI is emerging as a powerful contender with its…
The infamous Bitfinex hacker was sentenced to five years in prison in November for money laundering after he hacked and stole 120,000 bitcoin. Bitfinex Hacker Apologizes in New Video Ilya Lichtenstein, husband to disgraced crypto hip hop satirist Heather Morgan or “Razzlekhan,” has released a five-minute video from prison, promising to make amends once he…
Ethereum validators are increasingly signaling support for raising the network’s gas limit, sparking debates about scalability, decentralization, and security. But, what will lead Ethereum price action going forward? As of today, 10% of validators have backed raising the gas limit above 30 million, a significant rise from just over 1% earlier this month. Supporters claim…