Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60k
Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60kBitcoin reenters lower trading channel for first time since mid September as traders liquidated.
Happy Thursday!The global crypto market cap is $2.08 trillion, with a 24-hour volume of $94.83 billion. The price of Bitcoin is $60,285.73, and BTC market dominance is 57.1%. The price of Ethereum is $2,320.39, and ETH market dominance is 13.4%. The best-performing sector is Transportation, which gained 1%. The Crypto Fear & Greed Index is currently Extreme Fear (37). LATEST SLATECAST 🎙️ Sui aims to become the “Internet Coordination Layer,” says Mysten Labs Co-Founder 📰 Top News
Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60kBitcoin reenters lower trading channel for first time since mid September as traders liquidated. Ripple execs slam SEC decision to appeal XRP rulingThe SEC's decision to appeal follows a mixed ruling impacting Ripple's programmatic and institutional XRP sales, with CEO Brad Garlinghouse criticizing the move as wasteful. Tron’s $566 million Q3 revenue surpasses Bitcoin, Ethereum and SolanaTron’s substantial revenue for the third quarter was primarily driven by its robust stablecoin ecosystem and the recent memecoin activity on the network. 📈 Latest Insights🗞️ More News
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Bitwise seeks approval for first spot XRP ETF despite regulatory uncertainty
Wednesday, October 2, 2024
Market observers are uncertain if the SEC would approve additional crypto-focused ETFs soon. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys
Tuesday, October 1, 2024
High open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin's historically strong October performance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
FTX creditors misled as token value jumps 50% on repayment rumors
Monday, September 30, 2024
An FTX creditor said the firm's repayment plan would only return around 25% of the failed exchange users crypto assets. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected
Saturday, September 28, 2024
The SEC Chair will "certainly" not maintain his role under a Trump government, but a Harris presidency might also end his term. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules
Friday, September 27, 2024
SEC Chair Gary Gensler reaffirms Bitcoin's non-security status while criticizing industry non-compliance amid SEC scrutiny. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing
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