Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral
Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.
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US lawmakers question federal regulators on banks’ ties to crypto firms
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith.
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his…
Court in China Recognizes NFTs as Virtual Property Protected by Law
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from…
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
Paraguay’s legislature fails to reverse presidential veto on crypto regulation law
The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
3 reasons why Ethereum price keeps rejecting at the $1,300 level
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at…
Financial Stability Board aims to address crypto-related issues following ‘failure of FTX’
Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
US lawmakers request answers from Silvergate over ties to FTX: Report
Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
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