Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision
The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell’s press conference for clues about the direction of future policy.
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.
Does Coinbase Have a Diversification Problem?
CEO Brian Armstrong posted 10 crypto startup ideas to Twitter he wishes someone would build. Why not Coinbase? (Coinbase, modified by CoinDesk)
Crypto Wants a De Minimis Tax Exemption in the U.S.
The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this month.
Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.
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 a further catalyst.
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.”
Can Regulators Ever Keep Up With Crypto Markets?
The New York Department of Financial Services is concerned about token delistings disrupting markets. (Gilbert Ortega/Unsplash, modified by CoinDesk)