Sales

The post Bitcoin Aims for a Surge Above Traders’ Realized Price of $66K: Traders to Face Potential Loss on Sales appeared first on Coinpedia Fintech News Bitcoin’s price is currently hovering around a critical level of $66,000, aiming to validate a clear trend. This threshold is important as it represents the realized price, or the average purchase cost, for many traders. Analysts view that traders won’t likely sell around $66K as selling below this level will trigger losses. As a…

The post Long-term Bitcoin Holders Stop Selling Amid Sales Peak At $73K Level! appeared first on Coinpedia Fintech News The long-term holders (LTH) of the BTC token are holding on to their assets amid increased price volatility in the crypto industry. Moreover, the 7-D LTH shows a liquidity of $1.3 Million for the long-term holders with the supply experiencing a significant drop. This highlights a high possibility of a bullish rebound in the coming time as the Long-term holders are…

The post Bill Morgan Predicts Major Insights On XRP’s Programmatic Sales Amid SEC VS Ripple appeared first on Coinpedia Fintech News In the ongoing SEC vs Ripple case, Bill Morgan replies to Eleanor Terett’s recent X post saying that if the SEC does not succeed in an appeal against Ripple, and Ripple prevails without an appeal, then it could set a precedent where programmatic sales may not require registration. The broader implications of the case depend on subsequent developments. Furthermore,…

Investors from Florida and California have sued Coinbase for deceiving investors into buying unregistered securities and alleged that the exchange’s business model is illegal. The lawsuit singles out tokens such as Stellar’s XLM, Solana’s SOL, Algorand’s ALGO, Polygon’s MATIC and Uniswap’s UNI as securities. Coinbase just can’t seem to leave its legal trials behind. The exchange is facing yet another lawsuit alleging that it facilitates the sale of securities without proper licensing, not for the first time. The latest lawsuit…

Terraform Lawyers are fighting the US SEC with the proposed civil penalty. Do Kwon may still face charges in the United States. Terraform Labs, the company behind the algorithmic stablecoin TerraUSD (UST) is fighting the United States Securities and Exchange Commission (SEC) over a hefty fine levied by the regulator. Terraform Lab’s Lawyers Argument According to reports, the SEC alleges Terraform misled investors and is seeking $5.3 billion in penalties, with most of that being disgorgement, a form of repayment…

Worldcoin has announced that it will increase the supply of its WLD tokens by 19%, or 36 million new tokens, through institutional sales to trading firms located outside the US. The company is keen to avoid regulatory crackdown in the US and claims that one of its conditions to the buyers is that they can’t sell to anyone located in the country. Worldcoin is set to pump more WLD into the market through the sale of the tokens to private…

The post Ripple Lawyer Clarifies ODL Sales Not Investment Contracts, Defends Against SEC appeared first on Coinpedia Fintech News As the Ripple vs SEC legal battle escalates, the blockchain payments firm has filed an opposition citing that XRP sales on ODL do not count as investment contracts. Pro-XRP lawyer Bill Morgan has made a compelling argument regarding Ripple’s On-Demand Liquidity (ODL) sales. Moreover, he emphasized that these ODL sales do not constitute investment contracts. Morgan’s assertion comes amidst Ripple Labs’…

MicroStrategy founder Michael Saylor has sold up to 370,000 shares of his brainchild over the past four months. This follows his entry into a stock-sale agreement with the company last year. Under the agreement, he has the authorization to unload up to 400,000 shares until April of this year. Saylor to Offload 400,000 Shares Michael Saylor has successfully cashed in 370,000 shares, totaling about $372.7 million in value, from this year’s stock sales. This accounts for over 90% of the…

PUPS, a meme coin project on the Bitcoin blockchain, has skyrocketed in value. Its price has been increasing by 1,075% for the past seven days. CoinGecko data indicates PUPS is currently trading at $45.40. This level is just below its new all-time high of $47.44, reached during the early Asian market session. PUPS NFT Sales Explode with 6,948% Increase The surge in PUPS activity extends to its BRC-20 NFT collection. Sales have skyrocketed by 6,948% over the past seven days.…