Ripple executives applaud UK crypto regulations, claim US lags behind
Ripple executives applaud UK crypto regulations, claim US lags behindThe United Kingdom recently approved a bill that made crypto trading a regulated financial activity within the country.
Happy Tuesday!The global crypto market cap is $1.21 trillion, with a 24-hour volume of $33.1 billion. The price of Bitcoin is $30,956.54, and BTC market dominance is 49.6%. The price of Ethereum is $1,955.09, and ETH market dominance is 19.4%. The best-performing sector is Cannabis, which gained 39%. The Crypto Fear & Greed Index is currently Greed (64). Top News
Ripple executives applaud UK crypto regulations, claim US lags behindThe United Kingdom recently approved a bill that made crypto trading a regulated financial activity within the country. After years of relative obscurity, Litecoin is finally having a moment in the sunA fork of the original Bitcoin network, Litecoin never gained the same reputation as a hot investment as its predecessor. But, having survived several bear cycles, crypto's "digital silver" is drawing investor attention. Binance spot trading plunges 70% following regulatory pressures and reintroduction of Bitcoin feesSpot trading activities on exchanges have dropped to their lowest level since 2020. Latest Insights
More NewsKraken says it fought IRS to protect clients against identity theft, other potential harmsThe exchange has been compelled to provide identifying information on certain clients but the court conceded that they tax agency overreached in some requests. Coinbase officer argues U.S. student loan ruling sets precedent for SEC on crypto regulationPaul Grewal believes Congress could close the regulatory vacuum by passing legislations for the crypto industry. Court decision on Grayscale v. SEC lawsuit could prove crucial for spot Bitcoin ETF applicantsGrayscale expects that the ruling on its lawsuit challenging the SEC's rejection of spot Bitcoin ETF application to come in by fall this year. Mastercard chief digital officer believes tokenization needs TradFi rules to go mainstreamJorn Lambert says blockchain technology presents significant benefits and can easily improve cross-border payments, trade, finance, insurance, and capital markets, but insisted that legacy systems will still have a role to play. Winklevoss gives DCG 2 days to accept Gemini’s ‘best and final offer’Winklevoss' final offer, which he calls "fair and reasonable for everyone," demands payment of $1.465 billion from DCG over 5 years.
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SEC dismisses rumors of chairman Gary Gensler’s resignation
Monday, July 3, 2023
The crypto community had reacted positively to the fake news of Gensler's resignation.
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
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