![]() in Hong Kong, bringing its weekly losses to 9.16%. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.71% to 2,999.94 in the 24 hours to 6.40 p.m. They are managed by CryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. The indexes are proxy measures of the performance of the global NFT market. The total crypto market capitalization dropped 0.25% to US$1.05 trillion and the total market volume fell 21.12% to US$27.29 billion in the last 24 hours. Polygon increased 4.59% to US$0.6292 but declined 29.13% in the last seven days. Cardano rose 6.11% to US$0.2788, although it lost 25.72% on the week. The only high-level statement they have made is that everything other than Bitcoin is a security, that’s just not what it says in the law, and by the way, that would also kind of mean like the end of the crypto industry in the U.S…we have to go to court to challenge that and we are proud to do it for the industry and for America,” Coinbase’s co-founder and chief executive Brian Armstrong told The Wall Street Journal.Ĭardano’s ADA and Polygon’s Matic were the biggest gainers in the last 24 hours. I don’t feel like there is a clear rulebook. “We are in this environment of regulation by enforcement. The SEC has also sued Coinbase, the largest crypto exchange in the U.S., on similar charges. “We now join a number of other crypto projects facing similarly misguided actions from the SEC and we will vigorously defend our business and the industry.” “The SEC appears to have given no consideration to the drastic and cascading negative impact its actions may have on users and the industry,” a Binance spokesperson said last week. Binance faces 13 charges in the lawsuit, including the unregistered offer and sale of the BNB and BUSD tokens and unregistered activity related to its Simple Earn and BNB Vault products and its staking program. branch, and Zhao with charges related to securities violations. Last week, the SEC filed a lawsuit against Binance, its U.S. ![]() BNB, the native token of world’s biggest crypto exchange Binance, was the biggest loser in the last 24 hours, dropping 5.5% to US$224, and losing 25.59% on the week. ![]()
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