$107,204.00
-0.27%$2,426.22
-0.22%$2.11
-0.58%$646.53
0.22%$142.79
0.52%$0.99991
0.00%$0.273264
0.70%$0.16059
-0.60%$2,425.84
-0.09%$0.556502
-0.18%$107,099.00
-0.29%$36.38
-2.37%$505.03
2.39%$2,927.03
-0.06%$2.72
3.78%$13.01
-0.37%$9.05
0.53%$17.49
0.71%$0.235676
-0.36%$2.85
1.22%$0.999857
0.01%$46.34
-2.84%$0.00001127
-0.20%$2,428.11
-0.08%$84.66
-0.42%$2,598.88
-0.29%$1.00
-0.03%$0.146411
1.63%$308.21
-0.76%$4.65
3.86%$1.001
0.10%$3.35
0.54%$107,240.00
-0.40%$0.568682
0.66%$6.95
1.39%$258.23
1.87%$0.00000915
-1.95%$1.18
-0.02%$4.90
-1.47%$50.03
0.73%$326.44
0.73%$1.00
0.00%$2.09
1.19%$173.06
0.61%$4.72
-0.73%$0.080315
-0.62%$16.13
-1.02%$1.057
0.01%$0.746569
0.80%$27.72
0.16%$0.999666
-0.03%$0.597613
-1.37%$0.073685
-0.81%$15.79
-1.49%$4.41
-0.46%$8.96
-0.06%$3.91
-1.02%$0.674981
1.31%$0.02035361
-1.65%$107,015.00
-0.39%$0.078742
2.33%$3.14
4.62%$0.287412
13.51%$0.17439
0.13%$0.251573
-0.88%$0.307471
0.23%$0.174805
1.09%$2.19
-0.85%$4.37
0.29%$102.09
4.79%$0.998318
0.09%$2,425.98
-0.03%$0.999893
0.03%$0.868053
-0.83%$11.09
-0.04%$151.25
0.05%$1.001
-0.08%$1.20
0.75%$0.40504
1.59%$0.01724413
1.86%$2,765.79
-0.04%$2,542.88
-0.05%$1.15
-3.81%$0.177657
-0.26%$10.60
-2.15%$1.00
-0.01%$0.00001333
0.52%$0.660385
1.93%$1.003
1.72%$0.999927
-0.01%$1.43
-1.95%$0.308832
2.09%$0.059528
2.27%$0.99997
0.05%$1.46
0.17%$0.535867
-0.28%$2,597.51
0.13%$107,112.00
-0.37%$3,294.11
-1.39%$1.11
0.03%$2,548.68
-0.04%$107,197.00
-0.14%$646.50
0.19%$2.94
-0.72%$107,243.00
-0.58%$2,553.60
-0.05%$3,279.78
-1.47%$0.080779
1.08%$0.773318
1.83%$0.488715
-1.28%$0.411335
0.54%$159.72
0.50%$111.57
0.00%$186.05
0.62%$2,621.30
-0.15%$0.507335
1.05%$2.16
0.01%$0.00007033
0.09%$0.998392
0.00%$0.01049763
12.63%$0.657939
-0.45%$1.92
-1.72%$0.773795
-2.09%$0.589903
-2.83%$39.22
-1.16%$1.086
0.99%$0.701179
0.58%$0.01294794
1.27%$106,958.00
-0.04%$18.47
-0.16%$30.71
-0.18%$0.01346383
-0.67%$0.15402
0.37%$0.997994
0.03%$0.221412
-2.10%$0.237191
-1.62%$0.00000059
0.39%$3.44
1.18%$106,998.00
-0.25%$36.42
-2.26%$0.528321
0.38%$0.00838236
-15.59%$2,424.61
-0.22%$0.093126
-1.67%$1.99
2.68%$2,425.67
-0.20%$0.510837
-2.08%$0.378707
-1.52%$0.320721
0.21%$2,596.80
0.10%$0.01489088
-3.06%$8.85
-0.54%$107,116.00
-0.36%$2,516.13
-0.86%$0.999245
0.26%$2,428.11
-0.03%$0.999389
-0.01%$0.185795
0.70%$0.60293
0.76%$0.247117
-0.91%$1.33
-0.46%$1.00
0.01%$0.999905
0.00%$0.402606
-0.27%$0.060874
1.17%$1.00
0.01%$0.00000043
0.19%$46.04
0.65%$36.39
-2.30%$1.35
-1.85%$0.160067
-0.82%$1.091
0.01%$1.006
0.70%$0.00406837
-11.53%$2.21
1.45%$0.397829
-0.34%$0.03965461
0.63%$5.34
-1.43%$2,423.52
0.22%$0.00650372
2.69%$0.316784
1.34%$2,579.78
-0.54%$1.003
0.48%$13.01
-1.05%$0.00001855
-1.94%$0.108605
-1.33%$0.17429
2.45%$0.071085
0.19%$0.482958
0.80%$2.16
-0.56%$0.353528
-1.37%$0.00383942
-2.04%$0.488143
-1.29%$0.00000088
-2.81%$1.42
4.64%$2,674.45
-0.12%$0.901176
-3.37%$0.133607
7.20%$0.00385963
6.92%$0.03364649
1.63%$0.03432558
-0.15%$1.15
-2.52%$0.999984
-0.00%$107,042.00
0.17%$1.057
-2.68%$107,003.00
-0.46%$20.00
0.59%$0.999934
0.01%$2,655.34
-0.04%$0.324584
0.83%$0.04486239
-2.46%$0.01648676
0.37%$0.998995
-0.00%$0.999994
0.13%$155.70
0.98%$4.74
-1.93%$2,425.25
-0.26%$0.759291
9.61%$0.00005514
-0.28%$10.19
0.89%$0.00000146
6.21%$0.06373
-8.47%$2,423.02
-0.25%$1.07
1.54%$107,193.00
-0.90%$0.685833
1.41%$0.00544366
1.66%$107.82
-0.69%$0.432821
-0.66%$0.02841209
2.02%$0.00331677
-0.33%$17.47
0.17%$1.003
-0.18%$0.601147
1.53%$103,455.00
-0.95%$2,153.16
-0.19%$1.21
0.18%$1.018
-0.00%$0.269264
2.79%$0.578674
-0.97%$1.58
-3.46%$6.13
10.46%$0.174359
-0.02%$103,992.00
-0.66%$0.176504
0.25%$14.53
1.53%$0.070998
-0.08%$19.44
-0.25%Reading
Securities and Exchange Commission chair Gary Gensler leveled sharp criticism at cryptocurrency exchanges and stablecoins during an interview on Tuesday.
Gensler took issue with the fact that many of the largest cryptocurrency exchanges run custody, market-making, and trading services without keeping them separate the way traditional exchanges are required to.
“Crypto’s got a lot of those challenges—of platforms trading ahead of their customers,” Gensler told Bloomberg. “In fact, they’re trading against their customers often because they’re market-marking against their customers.”
Andrew Yang, the former presidential and NYC mayoral candidate, talked crypto regulation in DC on Decrypt's gm podcast with Dan Roberts and Jeff Roberts. Yang says the days of little or no crypto regulation in DC are "very very quickly coming to end" and that the question now is what the new rules will look like.
Hours after the interview, Coinbase (COIN) was fighting to dispel fears that new risk factor language in its quarterly report with the SEC meant customers’ assets could be subject to bankruptcy proceedings.
Coinbase released its earnings for the first quarter of 2022, and the results will do little to improve the dour mood in the crypto markets. The company disclosed that it pulled in $1.17 billion in revenue—well short of the $2.5 billion it took in Q4, and far below analysts' Q1 predictions of $1.5 billion. Meanwhile, Coinbase posted a quarterly loss of $430 million. The scope of the loss—its first as a public company—was also unexpected as analysts had predicted earnings would be close to breake...
The filing said, in part: “Crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings.”
“We believe our Prime and Custody customers have strong legal protections in their terms of service that protect their assets, even in a black swan event like this,” Coinbase CEO Brian Armstrong said in a Twitter thread on Tuesday night.
Coinbase’s Prime and Custody services cater to institutional clients. He added that the company would take steps to “offer the same protections” to retail customers.
Gensler also took aim at stablecoins, pointing out that the three largest are all controlled by or have ties to crypto exchanges.
The U.S. Securities and Exchange Commission (SEC) is expanding its crypto investigations unit. According to a statement today, this expansion would bring the number of personnel to 50 overseeing the fast-growing crypto industry. The Commission specifically highlighted crypto exchanges, lending and staking services, decentralized finance (DeFi) projects, stablecoins, and NFTs as sectors upon which the unit would focus. “Crypto markets have exploded in recent years, with retail investors bearing...
Tether (USDT), the largest stablecoin with a $83 billion market cap, has ties to Bitfinex, according to leaked documents. USD Coin (USDC), which has a $49 billion market cap, is controlled by the Centre consortium, which includes publicly traded Coinbase (COIN). And it should be no surprise that Binance USD (BUSD), which has a market cap of $17 billion, is associated with Binance.
“I don’t think that’s a coincidence,” Gensler said during the interview. “Each one of the three big ones were founded by trading platforms to facilitate trading on those platforms and potentially avoid AML and KYC.”
Altogether, the three stablecoins on Wednesday still accounted for roughly 10% of the $1.4 trillion global crypto market cap.
Livestreaming with an attached meme coin was popularized this year after a mom promised sexual acts if her apparent son’s meme coin, called LiveMom, hit specific market caps. Despite promising to pour milk over her “36DDs,” the same ones her son allegedly “actually suckled on,” the pair ghosted with nothing really crazy going down. But clearly, some degens saw the viral sensation this became and tried to capitalize on it. Quickly, a flurry of copycat tokens launched, including LiveSis, countles...
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
