SEC-Coinbase Drama Unfolds, Crypto Daily TV 30/6/2023

Crypto Daily
Crypto Daily

30 Jun 2023 8:45 AM

Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's purview....

  • Binance loses European banking partner: Paysafe Payment Solutions has announced its withdrawal of support for Binance, prompting the crypto exchange to search for a new European banking partner.
  • SEC has no jurisdiction over Coinbase: Coinbase claims that the digital assets listed on its platform are outside the purview of the U.S. Securities and Exchange Commission, as stated in its legal response to the regulator's lawsuit.
  • Bitcoin and ethereum surge: Bitcoin and ethereum, the two largest cryptocurrencies, have experienced significant price increases this year. Bitcoin reached over $30,000, its highest level since last summer, despite concerns about regulatory actions against crypto.
  • Analysis of cryptocurrency pairs: Technical analysis is provided for various cryptocurrency pairs, including Bitcoin-Dollar, Ethereum-Dollar, Ripple-Dollar, and Litecoin-Dollar, highlighting support, resistance, and indicators such as ROC, RSI, and Stochastic-RSI.
  • Economic indicators: The article mentions upcoming releases of economic indicators such as the UK's Current Account, Japan's Annualized Housing Starts, Germany's Unemployment Rate, US Personal Income, UK Gross Domestic Product, and Eurozone's Harmonized Index of Consumer Prices.

The sentiment of the article is mostly neutral, providing factual information about various developments in the cryptocurrency market and upcoming economic indicators.

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You May Ask

What prompted Binance to search for a new European banking partner?How does Coinbase argue against the jurisdiction of the SEC?What are the recent price movements of Bitcoin and ethereum?What technical analysis indicators are provided for various cryptocurrency pairs?Which economic indicators are scheduled for release in different countries?Note: The provided article contains a mix of factual information, technical analysis, and upcoming economic indicators. Some parts of the article seem to be unrelated to the main topics.

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