Gensler says U.S. government shutdown would reduce SEC to skeleton crew
Gensler says U.S. government shutdown would reduce SEC to skeleton crewThe SEC could stop processing applications if the U.S. government enters a partial shutdown, which would likely include crypto ETF proposals.
Happy Thursday!The global crypto market cap is $1.05 trillion, with a 24-hour volume of $32.15 billion. The price of Bitcoin is $26,636.70, and BTC market dominance is 49.2%. The price of Ethereum is $1,586.28, and ETH market dominance is 18.1%. The best-performing sector is Yield Farming, which gained 5%. The Crypto Fear & Greed Index is currently Neutral (47). Top News
Gensler says U.S. government shutdown would reduce SEC to skeleton crewThe SEC could stop processing applications if the U.S. government enters a partial shutdown, which would likely include crypto ETF proposals. Tether acquires 20% stake in German Bitcoin miner Northern Data in unusual equity deal: ReportIn a convoluted multinational deal, Tether is reportedly buying thousands of GPU chips for a German crypto mining firm that wants to rent them out to startups—all handled through an Irish shell company. Maxine Waters turns ‘anti-innovation’ argument against Republicans as CBDC fight intensifies in D.C.The Democratic Congresswoman criticized her colleagues for backing legislation that would stifle the U.S.' own ability to innovate within the global financial landscape. Latest Insights
The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers
Ad: Five years ago, a visionary group of traditional finance experts and innovators embarked on a journey to reshape the digital landscape. Inspired by Nakamoto Satoshi’s vision of a more equitable financial system, Bitget emerged as a beacon of innovation. Deposit $100 with a 0% fee and receive a $100 bonus for newcomers! More NewsPayPal extends PYUSD stablecoin to Venmo as third-party adoption surpasses 12 platformsUsers can now transfer the stablecoin between each app and external services. Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional biasCelsius faces backlash over bankruptcy plan perceived as preferential to institutional lenders. DraftKings top investor backs CoinScan to become ‘home page’ for crypto analyticsCoinScan provides free in-depth crypto charts alongside security features to give traders an edge in the market. The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for NewcomersBitget commemorates its fifth anniversary with transformative crypto offerings and a commitment to user safety. Federal Reserve holds rates steady amid inflation concerns; future hikes still possibleThe Federal Reserve is proceeding cautiously for the time being, still hoping to guide the U.S. economy toward a 'soft landing.'
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SEC enforcement official warns more charges are on the horizon, including for DeFi protocols
Wednesday, September 20, 2023
Recent charges against Binance and Coinbase may be just the beginning.
FTX-Tradition: SBF’s Family Accused of Keeping It All in the Family
Tuesday, September 19, 2023
SBF's parents accused of masterminding parts of FTX deception, appropriating over $30M
Industry insiders challenge crypto pioneer Erik Voorhees ‘cryptocurrency over democracy’ stance
Monday, September 18, 2023
Industry leaders weigh in on Voorhees' libertarian vision for crypto.
Centralized exchanges grapple with declining trading volume
Sunday, September 17, 2023
A decline in exchange trading volume shows Binance's challenges and Coinbase's stability amidst regulatory pressures and market changes.
Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
Sunday, September 17, 2023
Bankruptcy court to review FTX's asset liquidation plan amid Chapter 11 proceedings.
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