Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
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- Crunch
- Global
BIGCAP COINS:
- Pepe: Market Cap of $5.1 Billion.
- Bitcoin: Market Cap of $1.3 Trillion.
- Solana: Market Cap of $68.1 Billion.
MIDCAP COINS:
- Vitalik Smart Gas: Market Cap of $22.6 Million.
- io.net: Market Cap of $468 Million.
- Aethir: Market Cap of $288 Million.
RISING COINS:
- Kendu Inu: Market Cap of $231 Million.
- MAGA: Market Cap of $101 Million.
- Biaoqing: Market Cap of $20.5 Million.
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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The U.S. SEC still has to queue up behind secured creditors to receive a payment from Terraform Labs’ multibillion-dollar settlement, if any.
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In a hearing on the fiscal 2025 budgets for both the Securities and Exchange Commission and the Commodity Futures Trading Commission, crypto was — of course — one of the big topics discussed.
Senator Bill Hagerty, R-TN asked SEC Chair Gary Gensler about the timeline for a potential ETH ETF, to which Gensler seemed to confirm that the products would face final approval this summer.
“I would envision sometime over the course of the summer” that the individual issuers would be approved, Gensler answered.
This lines up with previous Blockworks reporting from Ben Strack, who wrote Wednesday that the SEC is still working to get comments back from the potential issuers.
Putting…
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Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date.
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$1M prize to debunk hype over AGI, Apple Intelligence is modest but clever, Google is still stuck on that stupid ‘pizza glue’ answer. AI Eye.
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According to a post by Fox Business reporter Eleanor Terrett, SEC Chair Gary Gensler has indicated that Ethereum-based Exchange-Traded Funds (ETFs) are likely to be approved by the end of this summer
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
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Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.
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U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry.
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