The U.S. Securities and Exchange Commission (SEC) has recently asked the judge to deny Coinbase’s request to compel the agency to respond to a rulemaking petition which Coinbase submitted last year seeking clarity on how securities laws apply to cryptocurrency. Last month, Coinbase sued the SEC claiming that the agency hasn’t been prompt or reasonable

The post SEC Wants Court To Dismiss Coinbase Demand for Rules Explanation appeared first on CoinGape.

SUI Price Analysis: The last correction phase in SUI price found suitable support at the $1.02 level. The coin price rebounded from this support twice in just a week reflecting the buyers are actively accumulating at this level. In just three days, the coin price surged 22% from the aforementioned resistance and hit the $1.26-$1.245

The post SUI Price Analysis: New Bullish Pattern Emerged Sets SUI Price for 16% Rally; Buy Today? appeared first on CoinGape.

Global leading cryptocurrency Bitcoin (BTC) has been hinted to be a safe haven asset in the case of a United States debt default than many other top assets. Compared to the Japanese yen, the Swiss franc, or even the U.S dollars, BTC topped the list of assets that investors would be willing to buy if

The post Bitcoin is a Safe Asset in Case of a US Debt Default – Survey appeared first on CoinGape.

Crypto market news: If everything goes according to plan, a joint research initiative by Samsung and the Bank of Korea could successfully implement central bank digital currency (CBDC) based offline payments via Samsung Galaxy smartphones and smartwatches. On Monday, Korean media reports said Samsung Electronics and the Bank of Korea will initiate joint research for

The post South Korea To Rollout CBDC Offline Payments Via Samsung Galaxy Phones appeared first on CoinGape.

While the broader cryptocurrency market has come under selling pressure, the Litecoin (LTC) price has shot up by more than 7.59% in the last 24 hours and is currently trading at $87.05 with a market cap of $6.3 billion. Litecoin has participated in the crypto market rally this year and shot past $100 twice in

The post Litecoin Jumps 7.5%, Thanks to Upcoming Halving and LTC20 Transactions appeared first on CoinGape.

Professional and retail investors prefer investing in Bitcoin than in the US dollar, Yen, and Swiss franc amid the U.S. debt ceiling default risk, according to Bloomberg’s latest MLIV Pulse survey. Bitcoin (BTC) price to rally over $35,000 as investors pour more money into it. Moreover, Bitcoin is considered one of the popular safe havens

The post Bitcoin Price Set For $35,000 As It Flips US Dollar In Preferred Asset: Bloomberg appeared first on CoinGape.

The Ethereum price breakdown from monthly support of $1827 indicates this altcoin is poised for a longer correction. However, the falling price witnessed significant demand pressure near the 100-day EMA at $1766, indicating the buyers have not thrown the towel yet. Thus, in the coming week, the coin holder may witness a brawl between the

The post Buyers Losing Key Support Hints Ethereum Price at 12% Downside Risk for Coming Week appeared first on CoinGape.

Twitter, the micro-messaging social media platform was set ablaze over the course of the past week as current Chief Executive Officer (CEO), Elon Musk hinted that he has found a new successor for the top job in the company. Shortly after the first hint, Elon Musk confirmed all rumors that Linda Yaccarino will be taking

The post Elon Musk’s Successor to Build Twitter 2.0, Will Dogecoin Gain Recognition? appeared first on CoinGape.

The Ripple Labs and XRP community have started debating more crucial events that may succeed the court ruling on the legal battle between the payments company and the US Securities and Exchange Commission (SEC). The conversation that ensued on crypto Twitter recently was focused on what will happen to the XRP currencies that are being

The post Former Ripple Exec Says Ripple Could Burn its XRP Holdings, Here’s Why appeared first on CoinGape.

The Proposal for v2.0.1 Upgrade submitted by Terra Classic core developer Joint L1 Task Force (L1TF) has passed the threshold limit. This is a major upgrade on the LUNC blockchain, along with Cosmwasm v1.1.0 upgrade (parity) on May 31 to allow projects and builders across Cosmos and Terra (LUNA) to build on the Terra Classic chain. However, former core

The post Terra Classic Proceeds For Major Upgrade, Popular Dev “Zaradar” Doubts Its Success appeared first on CoinGape.

Bitcoin price briefly fell below $26096, the key 200-WMA level, at 7 PM UTC on Friday. The BTC price quickly rebounded and hit a 24-hour high of $26,989. However, on-chain data indicates a bearish outlook on BTC price and it’s probably time to book some profits. Bitcoin Price Reaches Late 2021 Level On-chain metric Puell

The post Bitcoin Price Bearish? On-Chain Data Indicates It’s Time To Sell appeared first on CoinGape.

Pepe Coin News: The new sensation in the meme coin category, Pepe Coin Price registered a massive recovery rally on Saturday over a Elon Musk Tweet. However, PEPE price saw a major downturn over the past 7 days, declining by 38%. Meanwhile, traders who were betting against the new trending meme coin recorded massive losses

The post Pepe Coin Shorters Losses Hit Million Amid Fresh PEPE Rally appeared first on CoinGape.

Crypto Market News: Just when the crypto market has been speculating about whether the ongoing memecoin season has peaked, billionaire Elon Musk joined the party with an indirect mention of Pepe Coin in a meme. This came hours after Musk shared the news of Linda Yaccarino taking charge as the new Twitter CEO. Earlier, CoinGape

The post Breaking: Elon Musk Joins PEPE Coin Frenzy appeared first on CoinGape.

Ethereum consensus clients Prysm and Teku released new updates to fix the recent Beacon Chain finality issues. The Ethereum network suffered from finality issues two times within 24 hours, first for 25 mins and the second time for over an hour. This does not impact end users and transactions, but concerns stakers and developers. According

The post Ethereum Clients Release Crucial Updates As Blockchain Suffers Two Outages in 24hrs appeared first on CoinGape.

Crypto Market News: Despite the heavy criticism faced by the U.S. Securities and Exchange Commission (SEC) time and again for mishandling the enforcement on the crypto market, the agency’s Chair Gary Gensler continues to be at the center of the problem. In this context, Stuart Alderoty, Ripple’s Chief Legal Officer, feels that it’s not really

The post Ripple Legal Chief: It’s Not A Crypto Problem For SEC’s Gary Gensler appeared first on CoinGape.

Over the past five weeks, the dogecoin (DOGE) price has undergone a sharp correction phase, causing a drop from its peak of $0.105 to its current value of $0.07, representing a 31.6% loss. Amid the downturn across the cryptocurrency market, Doge’s price has adhered closely to a falling wedge pattern that is defined by two

The post This Bullish Pattern Can Pull Dogecoin Price Out of Market Correction and Trigger a 48% Move appeared first on CoinGape.

Crypto exchange Binance making several efforts to increase liquidity in the crypto market. Low liquidity appears to be having a negative impact on Bitcoin and Ethereum prices, with BTC price briefly falling to the key 200-WMA. Binance on Friday announces that it will launch additional BTCUSDT and ETHUSDT daily options from May 15. It will

The post Just-In: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity appeared first on CoinGape.

XRP News: The global crypto market witnessed heavy selling pressure on Friday the cumulative cap dropped by almost 3% to stand around $1.10 trillion. At the same time, Ripple’s native crypto, XRP has managed to print green indexes going against the market sentiments. Also Read: Ripple Exec Bids For EU’s MiCA Amid US SEC Crackdown;

The post XRP Flashes Gain Amid Crypto Downturn; Whales Move 104 Million XRP appeared first on CoinGape.

Crypto Market News: Another development emerged in the hunt for the new Twitter CEO as NBCUniversal’s head of advertising Linda Yaccarino, who was reportedly believed to assume the top position at the social media company, has resigned from NBC, according to latest reports. The reports said Yaccarino just left NBC with a resignation effective immediately.

The post Twitter CEO Favorite Linda Yaccarino Leaves NBC appeared first on CoinGape.