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 NewsGensler 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
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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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