Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove to be further catalysts.
Financial
Binance’s U.S. Exchange Bucks SEC’s Document Requests Amid Investigation
The crypto exchange is fighting to avoid handing over certain documents to the regulator, arguing the SEC’s requests are “overbroad.”
Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
The price earlier on Monday had risen to above $27,400, its highest level since late August.
Chainlink’s LINK Soars, Outperforming Other Crypto Majors
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions.
Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions
As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.
SEC Rips Into Binance.US Over ‘Shaky’ Asset Custody, Asks Court to Order Inspection
The regulator asked a U.S. court to reject Binance’s “half-hearted” objections to its motion seeking depositions, an inspection and communication from the exchange.
Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
Among nine new supporters of the legislative effort to ward off illicit uses of crypto are Democratic chairs of the Homeland Security and Judiciary committees.
Roughed-Up Bitcoin Miner Stocks Attempt Rally as BTC Retakes $27K
Many in the sector are down 50% or more over the past two months.
Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds
Most of the firm’s limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans
Genesis Has Ceased All Crypto Trading Services: Spokesperson
Company was hit hard by the collapses of Three Arrows Capital and FTX.