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Here we are once again with our column analyzing prices and news of different crypto assets, today's analysis will look at three major projects in the sector: Dash, Tetha Network and Polkadot.
DASH, a payments-focused peer-to-peer cryptocurrency forked out of the Bitcoin source code, has just completed its halving.
Savers across the euro zone are dashing for government debt to secure returns on their cash as banks struggle to keep up with surging interest rates.
Digital Cash, popularly known as DASH, has been on a remarkable spring, reaching today's top gainers. The cryptocurrency is on a good streak, with its value jumping by 5% in the past 24 hours.
Trading platform eToro announced on Monday that it would delist four crypto assets for its US customers, citing “recent developments.” On Monday, social investment platform eToro said it would delist four crypto tokens from its platform for US customers.
Social investing platform eToro will delist a selection of cryptocurrency tokens for its U.S. customers. What Happened: The company will no longer allow U.S. customers to open new positions in Algorand (CRYPTO: ALGO), Decentraland (CRYPTO: MANA), Dash (CRYPTO: DASH), and Polygon (CRYPTO: MATIC).
The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC's lawsuits against Binance and Coinbase.Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12.Users can still hold and sell their positions until further notice.eToro cited “recent developments” as the reason following securities claims in filing against the two major cryptocurrency exchanges. The U.S. Securities and Exchange Commission enforcement actions against crypto exchanges Binance and Coinbase continue to reverberate throughout the industry as investment platform eToro plans to delist four digital assets that are allegedly unregistered securities.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
eToro, a leading social trading platform, has delisted four crypto assets for U.S. customers, citing recent developments.
Israeli multi-asset investment platform eToro announced that its users in the United States will soon be unable to access Algorand (ALGO), Polygon (MATIC), Decentraland (MANA), and Dash (DASH), following a similar move made by Robinhood.
The delisting of these crypto assets by eToro may hurt their prices and liquidity as they will lose access to a large and active customer base.
Leading retail trading platform eToro has announced a temporary halt on the purchase of four cryptocurrencies, Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH), for its customers in the United States. The decision comes in response to recent lawsuits by the United States Securities and Exchange Commission (SEC) that label these tokens as securities.
The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings.
eToro emphasized that the changes will only affect U.S. customers and assured its commitment to the crypto industry.
The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance.
The brokerage eToro is cutting off US customers from four crypto tokens newly deemed securities by the SEC.
The move follows a similar pull-back from stock and crypto trading app Robinhood.
The move follows a similar pull-back from stock and crypto trading app Robinhood.
Stock and crypto trading platform eToro said in a June 12 email shared with CryptoSlate that it would limit access to certain crypto positions for users in the U.S. In its message, eToro said that users based in the U.S.
The SEC in recent days has swept through the crypto market highlighting how many tokens that are listed on Coinbase and Binance fall under the classification of “security,” including DASH.
Over the last few months, the SEC has taken to unilaterally labeling certain crypto assets as securities in unrelated lawsuits. But some industry participants say the agency doesn't understand the technology behind these tokens well enough to make this claim.
Specifically, the sixth-largest crypto by market capitalization, XRP registers an 11% pump, passing $0.47 last week to $0.53 at the time of writing, despite having touched $0.54 this morning.
Multiple reports have revealed that Binance, the crypto exchange with the highest trade volume, has announced the removal of 12 privacy-focused cryptocurrencies from its markets in Spain, France, Poland, and Italy.
Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26.
