Tag Archives: Setback

Binance and CZ Faces Supreme Court Setback in Class Action Lawsuit Over Unregistered Tokens

Binance and CZ Faces Supreme Court Setback in Class Action Lawsuit Over Unregistered Tokens

Key Notes The US Court allows a legal case over Binance’s sale of unregistered tokens to move forward. Investors claim Binance failed to adequately disclose the risks associated with various tokens, including ELF and EOS. Binance contested the application of US securities laws, citing the company’s operations outside US jurisdiction. The US Supreme Court has denied Binance and its former …

Read More »

Solana (SOL) Falls Under $200: Temporary Setback or Trend Shift?

Solana (SOL) Falls Under 0: Temporary Setback or Trend Shift?

Solana failed to clear the $225 resistance and trimmed gains. SOL price is now below $200 and showing a few bearish signs. SOL price started a fresh decline after it failed to stay above $220 against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There is a connecting bearish trend line forming …

Read More »