Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questionsThe SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications.Happy Thursday!The global crypto market cap is $1.62 trillion, with a 24-hour volume of $81.09 billion. The price of Bitcoin is $42,741.32, and BTC market dominance is 51.9%. The price of Ethereum is $2,291.92, and ETH market dominance is 17.1%. The best-performing sector is Insurance, which gained 12%. The Crypto Fear & Greed Index is currently Greed (72). Top NewsGary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questionsThe SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications. Ledger pushes update to fix compromised library as users warned to hold off connecting to dAppsOnchain sleuths said the compromised library was replaced with a drainer due to CDN breach. Gemini Earn users could see as little as 61% of their crypto investments returnedGenesis's 'brutal' reorganization plan has gathered outrage from Earn users. Latest Insights
More NewsVitalik Buterin proposes ‘enshrined zkEVM’ to address layer-2 challenges on EthereumButerin's new proposal addresses scalability by building a zero-knowledge Ethereum Virtual Machine directly into Ethereum itself. Coinbase continues to list new memecoins ahead of institutional Bitcoin ETF custody milestoneCoinbase plays balancing act with retail whimsy and institutional moves in crypto market. Ethereum sees major shift from centralized exchanges to DeFiOnly 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments. Bitcoin Startup Lab debuts BRC-20 LABB token to nurture BTC startup communityThe LABB token's total supply is capped at 21 million and is designed to incentivize innovators in the BTC industry. Argentina’s new president tackles monetary policy with 50% currency devaluationIncoming President Javier Milei's urgent austerity measures to curb inflation in Argentina have been met with IMF approval, but the administration acknowledged short term pain. |
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Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questions