Cardano
$ADA
5 Results
After Ripple's victory over the SEC yesterday, token prices experienced a rapid increase, with XRP surging by 65% in the past 24 hours, making it the fourth largest token. BTC -2.55% is up 1.1% while ETH -1.28% gained 2.1%. Tokens alleged to be securities by the SEC, like MATIC -3.81% , ADA -6.79% , and SOL -6.48% , have outperformed, with gains ranging from 20% to 30%. In addition, Coinbase's stock (COIN) saw a significant jump of 24%...
Japan Implements Crypto Friendly Tax Policy and HSBC Hong Kong Lets Customers Trade Crypto ETFs
Crypto markets pulled back today, BTC -2.55% is down 1.44% and ETH -1.28% is down 2.81%. Altcoins took a bigger hit, especially those that Robinhood is delisting and expected to sell later this week amid the SEC's crackdown (Cardano, Solana, and Matic). ADA -6.79% , SOL -6.48% , and MATIC -3.81% are down 4.01%, 4,13%, and 3.62%, respectively. Interestingly, many of the "DeFi 1.0" tokens (DeFi protocols launched in 2019 and 2020) saw large gains over the weekend. AAVE -6.08% ,...
SEC EMPTIES THE CHAMBER It’s only Wednesday, but the SEC has pulled out the big guns. Conveniently following the release of a rather comprehensive crypto oversight bill by the House Financial Services Committee on Friday, the SEC dropped their mightiest hammer to date on the crypto industry. On Monday, the SEC took legal action against Binance, accusing the exchange of offering unregistered securities to the public. The SEC's lawsuit alleged...
