Coinbase faces an research of the SEC on the historical metrics of the users: Report

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  • The shares fall 6% after a report on a federal investigation.
  • The regulatory scrutiny occurs when Coinbase fights with the sequels of a rape of revealed cybersecurity earlier in the day.
  • According to reports, computer pirates stole customer data and demand a rescue of 20 million dollars.
  • Coinbase confirmed Thursday that the US stock and values ​​commission. UU. It is investigating whether the company exaggerated the number of users in previous disseminations.

    The development, first reported by The New York Times, contributed to a fall of around 6% in Coinbase actions during the session.

    The research focuses on Coinbase reports on “verified users”, a metric that the company has cited in promotional presentations and materials for a total of more than 100 million.

    According to the report, the investigation originated during the Biden administration and has continued under the current SEC, which has adopted a comparatively more complacent position towards the cryptocurrency industry.

    “This is a retention investigation of the previous administration on a metric that we stopped informing two and a half years ago, which was completely disclosed to the public,” said Paul Grewal, legal director of Coinbase, in a statement to CNBC.

    He added that the number of verified users includes anyone who has completed an email verification or telephone number, which could have led to an overestimation of unique customers.

    Grewal also emphasized that Coinbase now focuses on a different dissemination: users who make monthly transactions, a figure that the company considers a more relevant indicator of the platform activity.

    “While we firmly believe that this research should not continue, we remain committed to working with the S to close this matter,” he added.

    Cybert

    The regulatory scrutiny occurs when Coinbase fights with the sequels of a rape of revealed cybersecurity earlier in the day. According to reports, computer pirates stole customer data and demand a rescue of 20 million dollars. Coinbase estimates that the incident could cost the company to USD 400 million.

    The moment aggravates an already volatile period for the company. Coinbase recently announced its inclusion in the S&P 500 index, starting next week, and revealed plans to acquire the Cryptoderivated Deribit platform as part of its global expansion strategy.

    Speaking in a profit call last week, CEO Brian Armstrong said his goal is to make coinbase “the application of financial services number 1 in the world” within the next five to 10 years. Coinbase is currently operating the largest cryptocurrency in the United States.

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    News about cryptocurrencies today: Bitcoin approaches its historical maximum; ETH, Doge, Pepe, Atom show bullish signs

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  • Bitcoin exceeded $ 100,000 this week, driven by strong ETF tickets in cash of more than 1,000 million dollars.
  • With Bitcoin approaching its historical maximum, the key support is now observed around the USD 100,000 level.
  • Ether experienced a dramatic price jump, breaking the USD 2,600 and pointing to the USD 3,000.
  • Bitcoin has decisively recovered land above the psychologically crucial brand of USD 100,000 this week, indicating a resurgence of the upward impulse in the cryptocurrency market.

    Backed by important entries in the Bitcoin ETF in cash, in particular the Blackrock Ibit Fund, buyers are trying to consolidate these profits and potentially move towards new historical maximums.

    This renewed strength in the market leader is also awakening interest in several Altcoins, which has caused debates about the possible start of an “Altseason”.

    Last week, Bitcoin rose more than 10%, and buyers managed to push the price through significant resistance levels.

    This rebound has been significantly supported by a constant institutional demand, exemplified by Bitcoin’s ETF to the cash of Blackrock that extended its entrance run to 19 days, attracting USD 1.03 billion only in the last week of negotiation, according to Farside Investors data.

    Technically, Bitcoin is gradually advancing towards its historical maximum of USD 109,588, indicating a measured but safe advance by the bulls that seem reluctant to record premature gains.

    While this strong rebound has pushed the relative force index (RSI) to overcompra territory, often a precursor of a short -term correction or consolidation, any setback is expected to find a solid support between the USD 100,000 level and the 20 -day exponential (EMA) mobile mean, currently around USD 96,626.

    A successful rebound from this support zone would significantly increase the probability of a break above USD 109,588, potentially pointing to USD 130,000.

    However, bassists still have a window to recover control.

    A rapid and decisive rupture below the 20 -day EMA could trigger a more pronounced fall towards the Simple Mobile (SMA) of 50 days about USD 88,962.

    In shorter deadlines, a strong sale pressure is expected in the USD 107,000 to USD 107,588.

    A successful EMA 20 hours of 4 hours in any fall would indicate a continuous bullish fortress, while a break below USD 100,000 could open the door to a deeper correction towards USD 93,000 or even USD 83,000.

    Ethher (eth) shoots, with an eye on new climbs

    Ethher (ETH) experienced a dramatic increase, catapulted from USD 1,808 on May 8 to USD 2,600 on May 10, showing aggressive purchase pressure.

    This rapid ascent also pushed its RSI to overcompra territory, which suggests a possible short -term consolidation or a minor setback.

    The key support levels to be taken into account are USD 2,320 and then USD 2,111.

    If Ether finds support at these levels and goes up, the ETH/USDT torque could extend its rebound to the USD 2,850 and subsequently point to the USD 3,000 mark.

    However, a rupture below the USD 2,111 support would invalidate the immediate upward perspective, which could lead to a negotiation period in a range between USD 1,754 and USD 2,600.

    In the 4 -hour graph, the Alcistas managed to overcome the resistance of USD 2,550, but fought to maintain those higher levels.

    A positive signal is that buyers have not yielded much land, which suggests that they anticipate more increases.

    A rupture above USD 2,609 could trigger the rebound towards USD 3,000, while a fall below EMA 20 of 4 hours could start a deeper correction towards the support of USD 2,111.

    Dogecoin (Doge) breaks the resistance and indicates a change in trend

    Dogecoin (Doge) showed an important change in short -term trend by exceeding the upper resistance of USD 0.21 on May 10.

    The rebound currently faces a sales pressure near USD 0.26, which could lead to a new test of the USD 0.21 rupture level.

    If Doge bounces strongly from the USD 0.21, it would indicate a change in the feeling of the market to “sell the rebound” to “buy the fall”, which would increase the probability of a continuous advance towards USD 0.31.

    To deny this bullish impulse, sellers would have to go back down the price below the EMA of 20 days (around USD 0.19).

    Such movement could catch Doge within a broader negotiation range between USD 0.14 and USD 0.26 for a prolonged period.

    The immediate support in any setback from USD 0.26 is seen in USD 0.22 and then at USD 0.21.

    PEPE (PEPE) rebound strongly and test key levels

    The Meme Pepe Currency (Pepe) starred in a strong rebound since its 50 -day SMA (around USD 0.000008), exceeding the upper USD resistance 0.000011 on May 8.

    This aggressive movement has also brought its RSI to the territory of overblain, indicating a possible setback. The PEPE/USDT torque could fall again to try the USD 0.000011 rupture level.

    If this level is maintained as support, it would strengthen the upward case of a rebound to USD 0.000017 and then USD 0.000020.

    On the contrary, a break below the 20 -day EMA (around USD 0.000009) would invalidate this optimistic perspective.

    In the 4 -hour graph, bassists aggressively defend the USD level 0.000014.

    A 4 -hour EMA 20 hours is a critical support to take into account; A rebound could lead to another attempt to break the USD 0.000014, while a failure could cause the Pepe to go back to USD 0.000011 or even the 50 -day SMA.

    Cosmos (atom) leaves the base and points to higher levels

    Cosmos (ATOM) pointed out a possible trend change by closing above the USD 5.15 resistance on May 10, breaking a large base pattern.

    However, bassists are expected to defend this level with force.

    If they manage to push the price below USD 5.15, aggressive bulls could be trapped, which would lead to a setback to mobile socks.

    If buyers can keep the price above USD 5.15, the atom/USDT torque could earn a significant impulse and climb to USD 6.50.

    While sellers are likely to try to stop the progress there, a successful breakdown above USD 6.50 could open the road to USD 7.50.

    The strong rebound has led the 4 -hour RSI to overcompra territory, which suggests a short -term correction or consolidation.

    Alcistas must defend the USD 5.15 level to maintain the impulse towards USD 6.60. A break below USD 5.15 could lead to deeper correction towards EMA 20 or even USD 4.70.

    While some analysts discuss if a full -fledged “Altseason” has really begun, given the modest recovery of many altcoins of their important falls, the recent price action in several key cryptocurrencies suggests a renewed bullish appetite in the market.

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    The Token Move collapses to its historical minimum after the exclusion of coinbase from the list and the market creation controversy

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    • Coinbase has announced that it will eliminate Move from the list in the midst of a controversy over the USD tokens overturn 38 million.
    • The price of Move has reached a historical minimum, 84% less than the maximum of December 2024.
    • The co -founder of Movevent Labs, Rushi Manche, has been suspended in the midst of a governance and audit investigation.

    The Token Move of the Movement Network, based on Ethereum, has collapsed at unprecedented depths after the announcement of coinbase of its imminent exclusion from the list on May 15, 2025.

    Following the accusations about a tokens dump of USD 38 million and questionable market creation agreements, the Exchange has put Move in a limit mode before deciding that it no longer complied with its contribution criteria.

    The market creation scandal

    Coinbase’s decision to suspend all new operations occurred after internal documents revealed that Movement Labs had signed a market creation agreement that granted undue influence to an external intermediary.

    The agreement, which links Web3port and a dark company called Rentech, allegedly granted Rentoch the right to get rid of significant amounts of Move once the totally diluted assessment of the Token reached the USD 5 billion.

    Shortly after Move made his debut in the stock market, Rentech executed a rapid mass sale that triggered a precipitate of price collapse, eroding the confidence of investors in a matter of hours.

    Movement Labs responded by establishing a 38 million USD reserve fund to repurchase the downloaded tokens, but critics have indicated that to date tangible actions of repurchase have not been materialized.

    Binance further intensified the crisis by freezing funds linked to the same market creator, which aggravated concerns about the governance and transparency of the project.

    In the midst of these events, Movement Labs suspended co -founder Rushi Manche on May 2, while an independent review directed by the intelligence firm Groom Lake is still ongoing.

    Manche has publicly distanced himself from the tokens dump, stating that the bad actors manipulated the agreements between racks and rejecting any personnel in sales outside the market.

    Despite these guarantees, the sudden leadership agitation only deepened the aura of uncertainty surrounding the strategic direction of Move and the governance reforms.

    The Token Move hits hard

    After the notice of only coinbase limit of May 1 and the formal announcement of exclusion of the list, the price of Move collapsed more than 20% to a historical minimum near USD 0.18, before rebounding at USD 0.1985 at the end of this edition

    Source: Coinmarketcap

    The Token lies more than 86% below its maximum of December 2024 of $ 1.45, which illustrates how the specific turbulence of the project can eclipse the broader rebounds in the market.

    At the close of this edition, Move market capitalization was approximately USD 496.27 million, with an amazing increase of 398.04% in the volume of 24-hour operations and a volume-capitalization ratio of market greater than 116.66%.

    The circulating supply of the Token of 2.5 billion Move and a total limit of 10 billion have drawn attention to the possible vulnerabilities of sale pressure in the middle of a low liquidity.

    The technical indicators offer little respite, since both the relative force index (RSI) and the divergence of convergence of the mobile average (MACD) continue their descent without pointing out any bullish divergence or imminent reversion.

    In Elliott waves, Move seems to be on the fifth extended wave of its bearish cycle, which suggests that more falls could be achieved if the extension target of 1.61 of USD 0.136 is met.

    The feeling of the community has been markedly grated, with the discussions of Telegram oscillating between relief to avoid more losses and direct accusations of another cryptocurrency fraud.

    A spokesman for the Movement Network Foundation emphasized that the suspension was not permanent and that conversations with Coinbase are ongoing, with the aim of restoring trade if the standards are met.

    However, the delay of Movedropp’s fiance air launch and the absence of a specific schedule for the deployment of the strategic reserve have left many skeptical tokens holders.

    With an approximate number of 33,850 holders and a totally diluted assessment that continues to be around 1,980 million dollars, interested parties face a hard uphill battle to recover confidence.

    As Movement Labs navigates through governance audits, repurchase promises and the possible restoration in the main exchanges, Move’s future depends on transparent accountability and a tangible remediation.

    Just addressing the structural failures exposed by the market creation scandal and complying with recovery commitments, Movement can expect to save the credibility and value of your token.



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    MyShell (Shell) reaches a historical maximum after the news of its inclusion in the Binance list

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    • MyShell’s price rose 34% to a new historical maximum of $ 0.68
    • Token ai gained value after Binance announced the inclusion of Shell with an Airdrop on February 27.

    MyShell (Shell) rose strongly on Thursday while the market fought to position itself in the middle of the expected inclusion of the project related to artificial intelligence (AI) on the Binance cryptocurrency exchange platform.

    Shell’s profits challenged the general recession, with most cryptocurrencies in red numbers during the day and during the past week.

    Inclusion in Binance catapult the price of MyShell to a new maximum

    Shell, the native token of the myshell consumption layer, shot more than 34% to reach a new historical maximum of $ 0.68.

    The project, which is building a framework for AI agents, benefited from the bundle impulse catalyzed by The news What Binance will add commercial support for Shell.

    Having changed hands around $ 0.45, the price of MyShell shot over $ 0.60 and broke the previous ATH reached on February 17.

    Token’s rebound means that the current price is approximately 188% from the minimum of $ 0.21 observed on February 13.

    Binance announced that Exchange will include Shell on February 27, 2025. The main CEX plans to add commercial pairs for Shell against BTC, BNB, USDT, USDC and FDUSD. Shell will also have a commercial pair with the Try fiduciary currency. According to Binance, on Thursday, February 27, an Airdrop for MyShell will be held.

    With this, the official list of Token Shell will also be held, expected at 1:00 p.m. UTC. The commercial support for cryptocurrency will include a seed label, Binance said.

    A seed label is an added marker to the token list to indicate that the project is new and that its price can experience great volatility. Point out a potential risk for buyers.

    Shell’s daily volume increases 209%

    The contribution announcement was a notable influx to MyShell, and the native token experienced a significant increase. The volume of daily Shell operations increased more than 209% to exceed 140 million dollars, while market capitalization increased 34% to 172 million dollars.

    The totally diluted valuation of the project is currently at 642 million dollars. MyShell has a total supply of one billion and a circulating supply of 270 million Shell.



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