Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignationGensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.'
Happy Saturday!In today's CryptoSlate newsletter, we dive into the latest developments shaping the crypto landscape. SEC Chair Gary Gensler claims credit for the rise of Bitcoin ETFs while dismissing altcoins as 'non-compliant' and hinting at his potential resignation. Meanwhile, in a surprising turn of events, investors have withdrawn their $258 billion lawsuit against Elon Musk regarding Dogecoin, as the court found no evidence of fraud. On a brighter note, memecoins have outperformed the broader crypto market by six times over the past month, contrasting sharply with the negative performance of tokens related to AI and social narratives. Stay tuned for more insights and analysis on these pivotal topics! 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.05 trillion, with a 24-hour volume of $185.22 billion. The price of Bitcoin is $90,888.17, and BTC market dominance is 58.9%. The price of Ethereum is $3,160.66, and ETH market dominance is 12.5%. The best-performing sector is Terra, which gained 28%. The Crypto Fear & Greed Index is currently Greed (86). 📰 Top News
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignationGensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.' Dogecoin investors withdraw case against Elon Musk as $259B lawsuit falls flatInvestors dropped the $258 billion Dogecoin lawsuit against Elon Musk without appealing after court finds no evidence of fraud. Memecoin returns were 6x higher than crypto market average over past 30 daysMeanwhile, tokens related to AI, social, and data availability narratives registered negative performances in the period.
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Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin breaks yet another all-time high, now testing $92,000
Friday, November 15, 2024
Global digital market cap reaches $3.02 trillion as Bitcoin dominates, up 117% YTD. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
No capital tax on US crypto, Bitcoin reserve asset, nation state adoption – the biggest Trump rumors
Friday, November 15, 2024
Industry insiders speculate on a shift to create a Strategic Bitcoin Reserve, fostering US state-level crypto initiatives and potential federal backing. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US Bitcoin reserve asset bill could pass in Donald Trump’s first 100 days – Senator Cynthia Lummis
Tuesday, November 12, 2024
The proposed legislation seeks to position the US as the largest government Bitcoin holder, echoing its gold reserve status. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gains
Monday, November 11, 2024
Solana's price rally marks historic market cap achievement and DeFi growth. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Ripple intensifies efforts against deepfake scams amidst record XRP price, advising community caution. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Understanding Staking Yields and Economics on Ethereum & Solana
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WuBlockchain x Vitalik, Part 1: Ethereum's China Story, Russia-Ukraine War, and BCH's Big Block Concept
Tuesday, December 3, 2024
This podcast is the first part of an interview by WuBlockchain founder Colin Wu with Ethereum co-founder Vitalik Buterin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Enron is back to launch crypto token focused on solving the energy crisis
Monday, December 2, 2024
The 'n in Enron now stands for 'nice' as memecoins erupt over company relaunch. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VC Monthly Report for Nov, Sets 13-Month Low in Funding Number and Amount
Monday, December 2, 2024
According to data from RootData, 86 crypto VC-funded projects were publicly disclosed in November, marking a 13.1% month-over-month decline (99 projects in October 2024) and an 8.5% year-over-year drop
AI Agents Continues To Flourish As Numerous Tokens Soar
Monday, December 2, 2024
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📈 Stablecoin market capitalisation hits an all-time high; Crypto.com to be the title sponsor for the upcoming Cry…
Monday, December 2, 2024
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US influence over Bitcoin grows with Trump victory
Sunday, December 1, 2024
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Analyst warns of ‘leverage driven pump’ as XRP price soars
Saturday, November 30, 2024
The crypto issued by Ripple Labs started its climb following the US elections, accumulating a 232% price increase in the past 30 days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏