BlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETF
BlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETFBlackRock made news on two emerging tech fronts this week, unveiling its new AI tool while advancing talks on its spot Bitcoin ETF application.Happy Saturday!The global crypto market cap is $1.61 trillion, with a 24-hour volume of $48.09 billion. The price of Bitcoin is $42,533.58, and BTC market dominance is 51.6%. The price of Ethereum is $2,249.51, and ETH market dominance is 16.8%. The best-performing sector is Computing, which gained 18%. The Crypto Fear & Greed Index is currently Greed (67). Top NewsBlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETFBlackRock made news on two emerging tech fronts this week, unveiling its new AI tool while advancing talks on its spot Bitcoin ETF application. Ethereum Name Service now fully decentralized as DAO takes controlA decisive vote to transfer control of ENS' root node to the DAO signals a new era of decentralized governance. Coinbase plans new lawsuit, two SEC commissioners dissent in wake of SEC’s petition denialCoinbase's chief legal officer, Paul Grewal, said the Commission's refusal amounted to an 'abdication of its duty.' More NewsKorean central bank governor urges CBDC development to compete with stablecoinsChang-yong Rhee warned of stablecoins undermining central banks and advocated for CBDCs to preserve monetary control. Polygon halts development on Edge, pivots to Polygon CDKSeveral projects have confirmed plans to rely on a successor solution, Polygon CDK, but the fate of others is unclear. Bitcoin outpaces stablecoins in market cap growthSurging Stablecoin Supply Ratio points to Bitcoin's growing market dominance. Tap Protocol secures $4.2M for Bitcoin OrdFi innovation and expansion through OrdinalsTap Protocol's multi-million dollar funding round sets the stage for advancing tokenization and dApps on the Bitcoin network. |
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Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decision
Friday, December 15, 2023
The SEC chair acknowledged the number of pending ETFs but also warned of widespread noncompliance in crypto.
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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