An institutional crypto exchange backed by Fidelity, Schwab, and Citadel launches today
An institutional crypto exchange backed by Fidelity, Schwab, and Citadel launches todayEDX supports spot trading activities for only four cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum.
Happy Tuesday!The global crypto market cap is $1.09 trillion, with a 24-hour volume of $33.19 billion. The price of Bitcoin is $27,374.99, and BTC market dominance is 48.9%. The price of Ethereum is $1,750.36, and ETH market dominance is 19.3%. The best-performing sector is Privacy, which gained 9%. The Crypto Fear & Greed Index is currently Neutral (49). Top News
An institutional crypto exchange backed by Fidelity, Schwab, and Citadel launches todayEDX supports spot trading activities for only four cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. JP Morgan analysts believe Hinman documents will spur altcoins to mimic EthereumThe lender believes altcoins will be forced to mimic Ethereum and its properties, which will likely amplify competition among them. Bill recognizing crypto as ‘regulated activity’ in UK passes House of LordsParliament's upper house has passed the Financial Services and Markets Bill, which includes language that would regulate cryptoassets. Latest Insights
More NewsEthereum core devs consider raising limit on maximum effective validator balanceA proposal currently under debate by the Ethereum core developer team highlights the constant balancing act between decentralization and efficiency. IMF wants to create a global CBDC platform to compete with threat of cryptoThe IMF believes central banks need to create a global CBDC system to combat the threat of cryptocurrencies. Binance confirms Bitcoin Lightning Network integration in the worksCrypto exchanges Kraken and OKX have established Bitcoin Lightning Network connections with Binance nodes. Sui awards $500k to CertiK for uncovering critical ‘HamsterWheel’ vulnerabilityThe HamsterWheel vulnerability would have prevented Sui blockchain from processing new transactions. Bitcoin dominance crosses 50% for first time since April 2021Investor sentiment suggests altcoins now seen as 'fool's gold,' whereas Bitcoin is the 'real deal,' per Turr Demeester.
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Binance.US and SEC told to reach compromise on restraining order
Tuesday, June 20, 2023
Binance.US and BAM could escape an asset freeze and partial retain control over funds.
Liquidations reach almost $130M as Bitcoin drops below crucial $25k level
Tuesday, June 20, 2023
Bitcoin saw massive liquidations over the past four hours.
Prometheum, a SEC-registered broker-dealer, sets Twitter ablaze with speculation: here’s what you need to know
Tuesday, June 20, 2023
Questions and speculations are abound around Prometheum, while some allege the firm has ties to the Chinese Communist Party.
Bitwise refiles for Bitcoin spot ETF following BlackRock
Tuesday, June 20, 2023
Bitwise's last ETF application and proposed rule change was rejected in July 2022.
The link between US Treasuries, the dollar-yen carry trade and Bitcoin
Tuesday, June 20, 2023
CryptoSlate's latest market report dives deep into the connection between the Japanese yen and US Treasuries and its potential impact on Bitcoin.
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