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Cryptocurrencies Price Prediction: Cryptos, Binance & XRP – American Wrap 08 April

Binance CEO addresses chat records disclosed by the SEC

Binance CEO Changpeng Zhao has issued an internal address to company staff, asking them to focus on work and developing products people can use. The internal memo comes after the United States Securities and Exchange Commission (SEC) disclosed chat records between Binance employees in an attempt to support its case against the largest crypto exchange by trading volume.
The US Securities and Exchange Commission (SEC) cracked down on cryptocurrencies and labeled a dozen of virtual assets as securities. Despite the SEC’s lawsuit against payment giant Ripple, where the regulator alleges the firm of engaging in unregistered sales of securities, XRP did not make it to the SEC’s list. 

Cardano, Solana TVLs hold up despite SEC security label

The US Securities and Exchange Commission (SEC) classified several tokens as securities in its recent lawsuits against leading crypto exchange platforms Binance and Coinbase. Tokens such as Cardano and Solana are in the list but their Total Value Locked (TVL) on decentralized finance applications hasn’t observed a downturn, a sign of resilience despite falling prices.
 

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