Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questions
Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questionsThe SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications.Happy Thursday!The global crypto market cap is $1.62 trillion, with a 24-hour volume of $81.09 billion. The price of Bitcoin is $42,741.32, and BTC market dominance is 51.9%. The price of Ethereum is $2,291.92, and ETH market dominance is 17.1%. The best-performing sector is Insurance, which gained 12%. The Crypto Fear & Greed Index is currently Greed (72). Top NewsGary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questionsThe SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications. Ledger pushes update to fix compromised library as users warned to hold off connecting to dAppsOnchain sleuths said the compromised library was replaced with a drainer due to CDN breach. Gemini Earn users could see as little as 61% of their crypto investments returnedGenesis's 'brutal' reorganization plan has gathered outrage from Earn users. Latest Insights
More NewsVitalik Buterin proposes ‘enshrined zkEVM’ to address layer-2 challenges on EthereumButerin's new proposal addresses scalability by building a zero-knowledge Ethereum Virtual Machine directly into Ethereum itself. Coinbase continues to list new memecoins ahead of institutional Bitcoin ETF custody milestoneCoinbase plays balancing act with retail whimsy and institutional moves in crypto market. Ethereum sees major shift from centralized exchanges to DeFiOnly 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments. Bitcoin Startup Lab debuts BRC-20 LABB token to nurture BTC startup communityThe LABB token's total supply is capped at 21 million and is designed to incentivize innovators in the BTC industry. Argentina’s new president tackles monetary policy with 50% currency devaluationIncoming President Javier Milei's urgent austerity measures to curb inflation in Argentina have been met with IMF approval, but the administration acknowledged short term pain. |
Older messages
Fresh outrage erupts over Elizabeth Warren’s anti-crypto bill as five more senators sign on
Tuesday, December 12, 2023
As Senate support grows, Elizabeth Warren's sweeping crypto regulation bill raises serious concerns over Bitcoin privacy and infrastructure.
Bitcoin 5% correction triggers $400M liquidations as Asia markets open for the week
Monday, December 11, 2023
Bitcoin, the largest cryptocurrency by market capitalization, tumbled around 5% to under $42000.
Bitcoin mining: A catalyst for energy sustainability
Sunday, December 10, 2023
Exploring how Bitcoin mining can actively contribute to the stability and efficiency of power systems.
Ethereum developers set roadmap for an eventful 2024
Saturday, December 9, 2023
Developers anticipate several important upgrades over the next year, including forking the Goerli testnet and activating the Dencun upgrade.
Spot Bitcoin ETFs edge closer to reality as SEC talks hone in on key details
Friday, December 8, 2023
Custody arrangements and risk disclosures are said to be the focus of late-stage Bitcoin ETF talks with the SEC.
You Might Also Like
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%
86% of Bitcoin’s sell-off driven by short-term retail traders
Sunday, January 12, 2025
High exchange inflows from day traders indicate short-term trading activity as the key driver behind Bitcoin's price volatility. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Jan 6 to Jan 12)
Sunday, January 12, 2025
The Russian Ministry of Finance has announced plans to liquidate Bitcoin assets seized in connection with the Infraud hacking case. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0
Saturday, January 11, 2025
Although not directly from the FDIC, Hill's remarks brought new clarity to what critics have called "Operation Chokepoint 2.0." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Berachain Deposits Surpass $1.1 Billion, Movement Secures $100 Million in Series B Funding…
Saturday, January 11, 2025
On Friday, the proportion of the USD0/USD0++ Pool on Curve, with a Total Value Locked (TVL) of $245 million, tilted severely. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏