Happy Tuesday!

The global crypto market cap is $1.31 trillion, with a 24-hour volume of $41.86 billion. The price of Bitcoin is $34,730.38, and BTC market dominance is 51.7%. The price of Ethereum is $1,865.59, and ETH market dominance is 17.1%. The best-performing sector is Energy, which gained 6%. The Crypto Fear & Greed Index is currently Greed (68).

Top News

SEC wants to hire crypto experts, but job candidates won’t sell their holdings

The agency's policies require agents working in crypto to divest their assets, which many applicants are unwilling to do.

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XRP surges 10% after flurry of positive news

The token is trading at $0.71 as of press time after a blistering 11.7% gain, according to CryptoSlate data.

Elon Musk denies that X, Tesla, or SpaceX will ever issue crypto tokens

While some of his various firms have leaned into making use of existing cryptocurrencies, the billionaire said not to expect native tokens from any of them.

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Latest Insights

• Long-term holder trends suggest crypto markets could be headed for a bull run

• Altcoin Cycle Signal indicates altcoins could take the limelight in new market phase

• Record-breaking open interest on CME shows growing market activity

• Australian central bank’s surprise interest rate hike could signal global shift

More News

SEC Commissioner pushes agency to impose stronger preventative measures on crypto industry

SEC Commissioner Mark Uyeda believes the SEC has not moved aggressively enough to prevent crypto fraud and criticized its piecemeal, after-the-fact approach.

Xbox partners with Inworld AI to build AI tools for game developers

Microsoft's aggressive AI investments show little signs of slowing as it unveils an initiative to bring the tech to its flagship game console.

Bank of England, Financial Conduct Authority seek public input on stablecoin regulation

The authorities' proposal is intended to ensure the safety of UK consumers and businesses participating in stablecoins transactions.

Investment firm involved in Celsius acquisition reportedly eyeing FTX

Proof Group is part of the Fahrenheit consortium that acquired the collapsed crypto lender, Celsius Network.

BUSD supply drops below $2B following regulatory controversies

Curve's BUSD V2 pool shows that crypto traders now prefer other stablecoins.