Crypto News

According to Schwartz, obtaining XRP from Ripple could have tax consequences. He emphasized individuals might have to sell their XRP shares to pay their taxes. Sentiment Result : Neutral

KuCoin users have withdrawn a massive amount of Ethereum (ETH), USDT and USDC from the exchange over the past 24 hours. Sentiment Result : Negative

The Commodity Futures Trading Commission (CFTC) has taken legal action against KuCoin, a digital asset exchange, for allegedly violating the Commodity Exchange Act (CEA) and CFTC regulations. The lawsuit targets several companies collectively operating under the name KuCoin, accusing them of multiple violations related to commodity trading. Sentiment Result : Negative

Bitcoin could see new ATHs by this year, but the on-going bullish momentum might put shorts in a bad position. Sentiment Result : Positive

Investor optimism fuels BTC-spot ETF market resurgence, signaling potential for Bitcoin's return to all-time highs. Sentiment Result : Positive

CFTC reasserts Ethereum and Litecoin as commodities in legal action against KuCoin. Sentiment Result : Positive

The positive Bitcoin Coinbase Premium that drove the latest rally above $70,000 has dissipated, suggesting buying has already slowed down. Bitcoin Coinbase Premium Gap Has Returned To Neutral Levels CryptoQuant Netherlands community manager Maartunn explained in a post on X that the Bitcoin Coinbase Premium Gap has declined back toward the neutral line. Sentiment Result : Negative