Gary Gensler, SEC Chair, defended the Commission’s decision, highlighting three key reasons:
Applicability of existing laws to crypto securities markets
The SEC’s ongoing rulemaking efforts in this domain
Importance of maintaining the Commission’s discretion in setting regulatory priorities.
Coinbase Opens Appeal Against ‘Arbitrary and Capricious’ SEC Regulations Denial
Coinbase, a prominent US cryptocurrency exchange, is escalating its fight with the US Securities and Exchange Commission (SEC) for regulatory clarity for the crypto industry. The exchange has launched an appeal against the SEC’s refusal to classify cryptocurrencies as securities.
‘Concerning precedent’ — bloXroute Labs' MEV relays to reject OFAC blocks
One of the largest producers of censorship-resistant blocks on Ethereum has made a complete u-turn, announcing it will start censoring OFAC-sanctioned blocks across all of its MEV relays in compliance with local laws.
Today, on the 4H TF, Bitcoin produced the highest bear volume since 17-August, indicating that the current move is only getting started.
snapshot
The Bitcoin CME Futures premium is beginning to disappear.
Here we can see all the GAPs and potential targets for the current move:
snapshot
No surprise here, Bitcoin grew for more than a year so a correction is normal, healthy and expected.
'I was screaming. The feeling I had was that it was bad. It was devastating.'
Tap for our exclusive interview with Armando, as he reflects on a horrific injury one year on. 🗯️
🥉 | Liverpool have held talks with the representatives of Fulham defensive midfielder João Palhinha. The Portuguese would prefer to stay in the Premier League rather than move abroad, and his club want around £60m for him. [@TEAMtalk]
Enhorabuena, @Endrick, por tu segundo Brasileirão consecutivo. Tu gol en el último partido ayudó a tu equipo, @Palmeiras, a ganar un merecido título. Estamos muy orgullosos de ti.