SEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’The FIT 21 Act has gathered enormous support from the crypto community and among US lawmakers.Happy Wednesday!The global crypto market cap is $2.61 trillion, with a 24-hour volume of $104.12 billion. The price of Bitcoin is $70,418.43, and BTC market dominance is 53.2%. The price of Ethereum is $3,767.24, and ETH market dominance is 17.3%. The best-performing sector is Deflationary, which gained 10%. The Crypto Fear & Greed Index is currently Greed (76). 📰 Top NewsSEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’The FIT 21 Act has gathered enormous support from the crypto community and among US lawmakers. 👀 Metric of The DayEthereum Open InterestFutures open interest refers to the total amount of funds invested in open futures contracts. Recently, open interest on the CME surged by over 25% within 24 hours, driven by speculation around the potential approval of an Ethereum ETF. StanChart reaffirms Ethereum’s potential to hit $8000 following ETF approvalThe lender's head of crypto research also predicted a fresh all-time high price for Bitcoin by the weekend. Tether mints $1 billion USDT on Ethereum amid ETF anticipationMarket observers said this substantial minting activity would be used to provide liquidity for the market. 📈 Latest Insights
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SEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’