Tag: congress

A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…

The market is now less appealing than it was during the breakout, as the three charts demonstrate, while the rally in gold has extended into the $4,650 range in the short-term. The common signal is bullish when the price is above the previous resistance level, the buyers react fast to a shallow price decline, and…

BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the…

The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or…

Silver price action has tested the $70 resistance area and appears to be heading towards the $71.16 level. The stock is heading back to the 69.80-70.00 zone following its brief dip in the day. This area is identified on the 15-minute chart as the London high and active resistance. The current chart shows that silver…