Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decision
Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decisionThe SEC chair acknowledged the number of pending ETFs but also warned of widespread noncompliance in crypto.
Happy Friday!The global crypto market cap is $1.58 trillion, with a 24-hour volume of $63.44 billion. The price of Bitcoin is $41,829.18, and BTC market dominance is 51.6%. The price of Ethereum is $2,237.19, and ETH market dominance is 17.0%. The best-performing sector is DuckSTARTER, which gained 8%. The Crypto Fear & Greed Index is currently Greed (70). Top News
Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decisionThe SEC chair acknowledged the number of pending ETFs but also warned of widespread noncompliance in crypto. Tether freezes Ledger exploiter’s addressThe intervention comes in the wake of a security breach that led to a significant loss of funds across multiple decentralized applications (dApps). Understanding the Ledger library exploit and what it means for usersA security vulnerability in Ledger's Connector library has left the crypto community on edge and raised serious questions about basic security. Latest Insights
More NewsSolana-based memecoin BONK adds $1B to market cap following exchange listingsThe memecoin's positive price performance has significantly improved the sales of Solana Saga phones. Japan’s web3 ecosystem aims to attract 5,000 international firmsThe Asia Web3 Alliance Japan's efforts support web3 education and stablecoin usage to revolutionize Asia's tech horizon. Public crypto companies get chance to shine as cybersecurity incidents to be reported within days under SEC rulesPublicly listed crypto companies brace for SEC's new cybersecurity disclosure mandate with swift reporting requirements and comprehensive annual assessments. Bitcoin mining’s silent comeback in China, according to industry insiderBitfarms CMO sees Bitcoin mining resurgence in China through waste recycling initiatives. DOJ targets cryptocurrency scammers in $80 million ‘pig butchering’ schemeThe DOJ indictment targets four individuals behind an $80 million crypto investment scam, with over $20 million laundered through shell companies.
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Meager Bitcoin recovery above $40k backfires for futures traders causing further $185M in liquidations
Friday, December 15, 2023
Notably, long traders on the crypto market lost nearly $150 million during the past day.
Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questions
Friday, December 15, 2023
The SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications.
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.
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Sunday, December 10, 2023
Exploring how Bitcoin mining can actively contribute to the stability and efficiency of power systems.
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