The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken exchange could be considered securities, thereby allowing the case to proceed. Kraken’s […]
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US PPI Data Surprises to the Upside, Sends Hawkish Signals, Bitcoin Plunges to $72K
Inflation just kicked the door in, and February’s Producer Price Index is the kind of uninvited guest the Federal Reserve...
