US SEC wants to work with Congress to regulate crypto exchanges
SEC head Gary Gensler said that the authority spends only $325 million a year on tech, which is less than some industry players spend in two weeks. Go to Source Powered by WPeMatico
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Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. Go to Source Powered by WPeMatico
Altcoins soar while Bitcoin and Ethereum price stall near key levels
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. Go to Source Powered by WPeMatico
Coinbase leads $6M funding for Indonesian crypto exchange
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Go to Source Powered by WPeMatico
Amid rising stablecoin inflow, cautious traders fear a dead cat bounce
Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce. Go to Source Powered by WPeMatico
Korea’s crypto market is among the strongest — and the strangest — in the world
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy. Go to Source Powered by WPeMatico
Coinbase recruits former White House adviser to new policy role
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors. Go to Source Powered by WPeMatico
DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B
DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion. Go to Source Powered by WPeMatico
Bitcoin whales accumulate 122.5K BTC amid latest market mayhem
Some of Bitcoin’s most influential holders bought the dip during last week’s market meltdown. Go to Source Powered by WPeMatico
Huobi reportedly suspends futures trading ‘temporarily’ in some countries
The leading cryptocurrency exchange is also reducing its services in mainland China amid fears of growing regulatory scrutiny. Go to Source Powered by WPeMatico