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 News
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. 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.
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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.
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