Crypto News Center

Binance Fails to Get $13 Billion Class Action Suit Kicked

By Mark Hunter 2 weeks agoTue Jul 30 2024 07:22:51 Reading Time: 3 minutes A £9.9 billion ($13 billion) class action lawsuit by BSV holders is set for trial after Binance’s dismissal attempt failed The lawsuit, funded by Calvin Ayre’s BSV Claims entity, has alleged collusion among exchanges to delist BSV in 2019 A three-judge tribunal has determined the case is “more than fanciful,” although it warned that the evidence...

Crypto Stocks Slump as Bitcoin, Ether Tumble

Bitcoin and ether tumbled Monday as risk-off sentiment permeated global markets. Crypto-related company shares followed suit, with miners slumping and crypto exchange Coinbase losing 17%. Crypto-related company stocks slid Monday as escalating tensions in the Middle East and concerns about the strength of the global economy sent bitcoin (BTC) and ether (ETH) tumbling to their lowest levels in months. Crypto exchange Coinbase (COIN) slumped 17%. Software developer MicroStrategy, which has...

Grayscale ETHE outflows’ tapering will have THIS effect on Ethereum’s price

Journalist World’s largest altcoin dropped below $3,000 on the back of negative market sentiment Receding outflows could be key now U.S spot Ethereum ETFs recorded a significant decline in outflows in the second week of trading, compared to its debut week. In the first week, the products saw net outflows of $341.3 million, exclusively driven by Grayscale’s bleeding from its ETHE and Mini Trust (ETH) products.  In particular, ETHE drove...