SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analyst
SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analystIn addition to allegedly refusing any new crypto-related ETF filings, Gensler's administration filed a brief on the Binance lawsuit.
Happy Saturday!In today's crypto landscape, significant developments are reshaping the industry. The SEC's anticipated rejection of Solana ETF applications is being dubbed as Gary Gensler’s “parting gift” to the sector, as his administration continues to take a stringent stance against new crypto-related filings. Meanwhile, Coinbase's Paul Grewal has shed light on the controversial Operation Chokepoint 2.0, urging banks to reconsider their crypto services amid rising regulatory scrutiny. In a striking commentary, former US Treasury Secretary Larry Summers has dismissed the notion of Bitcoin reserves as a "crazy" idea, highlighting ongoing debates within financial circles about the viability of cryptocurrencies as stable assets. Stay tuned for detailed insights on these pivotal issues affecting the future of digital assets. LATEST SLATECAST 🎙️ CrossFi’s vision: Bridging traditional and decentralized finance 🚀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 $3.64 trillion, with a 24-hour volume of $191.51 billion. The price of Bitcoin is $99,729.25, and BTC market dominance is 54.2%. The price of Ethereum is $4,003.32, and ETH market dominance is 13.2%. The best-performing sector is eCommerce, which gained 12%. The Crypto Fear & Greed Index is currently Greed (75). 📰 Top News
SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analystIn addition to allegedly refusing any new crypto-related ETF filings, Gensler's administration filed a brief on the Binance lawsuit. Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto servicesPaul Grewal stated that the letters, acquired through FOIA requests, prove that Operation Chokepoint 2.0 existed. Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ ideaLarry Summers said in an interview he understands other commodities' reserves, but calls Bitcoin a 'sterile inventory.' Latest Insights
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Latest Market Report
Bitcoin ETF options: A new tool for risk management and speculationCryptoSlate's latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading.
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Bitcoin ETF options: A new tool for risk management and speculation
Tuesday, December 10, 2024
CryptoSlate's latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory
Tuesday, December 10, 2024
Garlinghouse voices disappointment over 60 Minutes interview, points out Ripple's compliance and cross-border transactions success. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple warns of deepfake scams amid XRP price surge
Tuesday, December 3, 2024
Ripple intensifies efforts against deepfake scams amidst record XRP price, advising community caution. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US influence over Bitcoin grows with Trump victory
Sunday, December 1, 2024
Trump's election win signals new era for US bitcoin market power. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing
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DeFi & L1L2 Weekly — 📈 Polymarket recorded a new high of 462.6k active users in Jan despite volume dip; Holesky a…
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