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Home» Markets»BNB declines on SEC probe, GALA only coin in the green

BNB declines on SEC probe, GALA only coin in the green

rocketman 07 Jun 2022 Markets Comments Off on BNB declines on SEC probe, GALA only coin in the green 157 Views

The crypto market in general is bearish. Most of the top 100 coins are in the red as of this writing. 

Top cryptos

Bitcoin lost nearly 6% of its value within the last 24 hours and traded below $30,000. Ethereum is down about 7%. Binance Coin (BNB), which lost 8.50%, was reported by Bloomberg that the US Securities and Exchange Commission was investigating its US affiliate. 

SEC is also investigating whether Binance should’ve registered BNB with the watchdog in 2017 when the ICO occurred. Cardano, Solana and the other two fell as well, with the latter falling as much as 10%. 

Similar trends were observed for cryptos other than the top 10. Despite being listed by Europe’s biggest crypto exchange, Shiba Inu lost around 6% in the last 24 hours. UNUS SEED LEO remains the only top-20 green coin. Today, it gained 2%. 

Top Movers

The trend was similar to the top 20 coins, with most coins losing 4-8%. ICP is the notable exception, falling 12%, AAVE (THORChain) and THORChain (10%), Axie Infinity (11%), and Neo (11%). All have reversed recent gains.  

Gala is the top 100 green coin. It rose 4% after Gala Games announced its partnership with Epic Games for the launch of Battle Royale game Grit at the Epic Games Store. Galaverse, an important event in the ecosystem’s history, has entered its second day.  

Trending

CV SHOTS is the biggest winner today, with its token CVSHOT up 289% over 24 hours. This platform was designed to assist companies and job-seekers. It helps business owners to find qualified employees. 

The platform has grown to become a large job marketplace connecting millions of job-seekers with companies.  

BNB coin declines GALA green probe SEC 2022-06-07
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Posted by : rocketman
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