• A recent court ruling against Dapper Labs classified the use of certain emojis in promotional materials as investment advice. • Former SEC branch chief Lisa Braganca warned the public against using these emojis. • The court ruled that using emojis relating to rocket ships, stock charts, and money bags could be classified as investment advice. Court Rules Emoji Use […]
Weiterlesen »• Bitcoin is now above the realized price on all major exchanges. • The exchange average withdrawal price for Bitfinex, All Exchanges, Binance and Coinbase are $10,595, $16,816, $21,362 and $21,046 respectively. • During the 2019 and 2020 bear markets, the Bitcoin price went through all-exchanges realized price however during the 2022 bear market it briefly went below the realized […]
Weiterlesen »• Kraken reached a $30 million settlement with the SEC to cease staking services for U.S. clients, which allegedly constituted a securities offering. • Jesse Powell, co-founder and exiting CEO of Kraken, commented on the decision in a series of tweets, noting that the SEC targeted them during a bear market when they had recently laid off 30% of their […]
Weiterlesen »• The crypto market suffered a major downturn in June 2022, with Bitcoin reaching an all-time low of $15,500. • Since then, Bitcoin has recovered and returned to around $23,000 but the market remains unstable. • CryptoSlate analyzed on-chain and macro data to determine whether the crypto bottom is in or if more volatility is yet to come. Overview The […]
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