SEC dismisses rumors of chairman Gary Gensler’s resignation
SEC dismisses rumors of chairman Gary Gensler’s resignationThe crypto community had reacted positively to the fake news of Gensler's resignation.
Happy Monday!The global crypto market cap is $1.22 trillion, with a 24-hour volume of $36.49 billion. The price of Bitcoin is $31,008.07, and BTC market dominance is 49.6%. The price of Ethereum is $1,960.61, and ETH market dominance is 19.4%. The best-performing sector is Media, which gained 61%. The Crypto Fear & Greed Index is currently Greed (62). Top News
SEC dismisses rumors of chairman Gary Gensler’s resignationThe crypto community had reacted positively to the fake news of Gensler's resignation. Why some hedge funds are shorting U.S. banksMixed results from the Federal Reserve's bank stress test are in line with the increased shorting of U.S. regional banks. CryptoSlate explores the effects this could have on Bitcoin. The SEC’s odd pick: Unmasking PrometheumUnpacking the controversy behind Prometheum's SEC endorsement and its troubling ties to alleged crypto scams. Latest Insights
More NewsCrypto adoption in Portugal below global average, just 2.6% hold digital assetsPortugal lags behind global average for crypto adoption amid a burgeoning web3 industry in the country Asia crypto hubs introduce new bans to lending, staking for retail investorsSingapore and Thailand are limiting the offering lending or staking services to retail users. Bitcoin ETP inflows up 192% in June, making up 98% of all crypto fund inflows last weekThe market continues to favor Bitcoin investment products as it anticipates the approval of spot Bitcoin ETFs in the U.S. Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrimeBelarus said the move would help the country combat cybercrimes and make it difficult for criminals to launder their funds. DeFi salaries soar despite industry turmoilDurlston Partners attributed the increased salaries to the sector's maturation and the paucity of talents in the space.
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The big nickel short
Sunday, July 2, 2023
CryptoSlate's latest market report dives deep into the nickel crisis that began in March 2022, to analyze the overlooked crisis' effect on the crypto market.
Litecoin spikes 25%: What’s behind the sudden surge?
Saturday, July 1, 2023
Litecoin, one of the oldest coins in the cryptocurrency ecosystem, has received a sharp boost in price, though the immediate causes are unclear.
Bitcoin breaks below $30k as WSJ reports SEC will block spot Bitcoin ETFs again
Friday, June 30, 2023
WSJ claims SEC will find spot Bitcoin ETF applications inadequate
Reclusive Binance co-founder Yi He speaks on SEC case
Thursday, June 29, 2023
Yi He is a co-founder and major shareholder at Binance and has a close relationship with CEO Changpeng Zhao. Famous for keeping a low profile, she has broken her silence in an interview with Bloomberg
UK Law Commission proposes classifying crypto as a new type of property
Wednesday, June 28, 2023
Other Law Commission recommendations include creating expert panels and implementing a legal framework around crypto collateral arrangements.
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