Must-Know Crypto Trading Lingo: Bid-Ask & Order Book Explained - cyptoranking.com

2024-04-25

Popular crypto exchanges(2023 Update) 2024-04-25
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Cointelegraph journalist Ana Paula Pereira is on the ground in New York covering the trial of Bankman-Fried. Her latest report from the Federal District Court in Manhattan highlights the defense's efforts to paint Bankman-Fried as a young entrepreneur who tripped up amid the rapid growth of FTX and Alameda. On Nov. 11, 2022, the exchange filed for bankruptcy and appointed insolvency expert John Ray to oversee the remuneration of customers. Prosecutors charged former FTX CEO, Sam Bankman-Fried, with conspiracy to commit money laundering, fraud, and campaign finance crimes. Must-Know Crypto Trading Lingo: Bid-Ask & Order Book ExplainedThe Volatility of Fan Tokens’ Prices Poses Risks for Sport Supporters #Bitcoin's recent price action is still mirroring the last 2 cycles. This is typical sideways price action that occurs from Q2-Q4 in pre-halving years.November 21st has historically been the key pivot point for a bullish shift. Will be interesting to see how $BTC responds. pic.twitter.com/zP9vlG31Qc— Miles Deutscher (@milesdeutscher) October 10, 2023

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In June, the SEC sued Coinbase, accusing the publicly traded crypto exchange of violating federal securities laws. Coinbase fired back, arguing that digital assets and services it provided did not qualify as securities and that the agency was overreaching.However, NASAA general counsel Vincente Martinez argued the SEC’s position is neither “novel or extraordinary.” “The SEC’s theory in this case is consistent with the agency’s longstanding public position [...] It is also well within the bounds of established law.”The agency argued that the SEC doesn’t have to get explicit congressional authorization before applying established law to digital assets. Howey test sufficientOne of the cornerstones of the lawsuit is expected to come from the judge’s interpretation of the Howey test, which is used to determine what qualifies as an investment contract. Coinbase has argued digital assets don’t satisfy all prongs of the test. Martinez argued the Howey test was designed to be flexible enough to encompass all manner of technological advancements in the securities markets, including securities sold and traded on blockchains — similar to arguments previously made by the SEC. “The Court should reject Coinbase’s attempt to narrow and misapply the established legal framework in order to avoid being subject to the same regulatory obligations as all other participants in the Nation’s securities markets,” Martinez said, adding: “The Court should decline to treat digital assets as somehow special.”Crypto impact overstatedMartinez also took a swipe at Coinbase’s argument invoking the “major questions doctrine,” which claimed executive agencies like the SEC need congressional approval when it comes to issues of major political or economic significance.“Coinbase dubiously casts the ‘digital asset industry’ as ‘a significant portion of the American economy,’” Martinez said.Related: SEC asks judge to reject Coinbase’s motion to dismiss lawsuitHowever, Martinez said digital assets can’t be reasonably considered a significant component of the American economy as there is no practical economic use case or wide adoption of the vast majority of digital assets other than for speculation. “With very few exceptions, digital assets are not widely accepted to pay for goods or services, nor can they be used to satisfy obligations to the government such as fees or taxes,” he wrote.“As a class of assets, digital assets are not economically useful,” he said, adding: “Coinbase overstates both the size and significance of this ‘industry,’ particularly the portion that securities regulators oversee.”NASAA’s submission joined the SEC in asking the judge to deny Coinbase’s attempt to dismiss the SEC lawsuit.Under the leadership of NASAA President Claire McHenry, NASAA members are advocating for investor protection in an era of technological innovation. Learn more about our legislative and regulatory priorities in this changing landscape: https://t.co/yNPvjGrUhC pic.twitter.com/4Gs5XU0NDt— NASAA (@NASAA) October 10, 2023 Ripple has been engaged in a battle with the Securities and Exchange Commission, with the regulatory agency suing the company. A trial is slated for next year. ETH.CM=: Ethereum/USD Coin MetricsThose who open OF1 Boxes that don’t offer access to the TINAJ shoes are likely to receive other benefits and access to other drops down the line. “Progress toward completing our transaction with USBTC continues, and we're grateful to our shareholders who demonstrated their overwhelming support by voting in favor of the merger," Hut 8 CEO Jaime Leverton said. He added that the recent approval from the Canadian court allows the firm to “continue to advance us toward a new Hut 8,” which will have “highly diversified fiat revenue streams.”

Upbit faces multiple hack attempts This institutional-grade fund is entrusted to State Street as the fund administrator, and EY assumes the role of auditor. CEXIO review The best crypto exchange for UK investorsBitstamp is discontinuing services in Canada starting January 2024. In addition to the new NFT marketplace, another feature of the updated AirSwap platform, Mosites said, is a more robust OTC trading service, built because the development team wanted to create a space for digital collectibles and design an open-source front-end that can be adapted by community members.

Lubin: Any technology can produce harm. We’ve navigated a lot of difficult military, scientific, technological evolutions. I’m very convinced that we’ll do it this time too. Of course there will be challenges. I’m not an AI doomer at all. I think this is great and I’m a big fan of AI. I actually spent years, a long time ago, working in this space. I’m incredibly excited for what I think of as the necessary complementarity between decentralized protocols and AI. But here’s the twist — what may spell bad news for financial markets could be good for the broader economy. The Federal Reserve holds a pivotal role in shaping the path for risk assets, and it has just two more meetings before the end of the year. Should the Fed decide to suspend further rate hikes, it could act as a catalyst, triggering market anticipation of an impending rate cut. This anticipation could, in turn, set the stage for a massive risk-on rally across various asset classes, including cryptocurrencies. Ethereum Price Forecast: Will ETH be a Good Investment ...Last month, game developers lost it over Unity’s plans to implement an install-based “runtime fee.” Now, Unity’s CEO John Riccitiello is stepping down. AI tools can, for a few dollars per month, create fake videos of bombings and cause the public to become wary of factual information. Researchers at the Northwestern University have developed TREAD, short for Terrorism Reduction with Artificial Intelligence Deepfakes, to better understand the role deepfakes can play in conflict.

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