The Crypto Winter Get Intense With Institutional Selling! Outflows Solely Focused on Bitcoin

Several digital assets, including Bitcoin and Ethereum, have been affected by the recent crypto crash that has captured the attention of the entire globe. Ethereum almost reached its 2017 lows at $880 during the “crypto winter.” After reaching its all-time high in November of last year at $69,000, BTC lost about 50 percent of its ….

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According to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), Bitcoin is a commodity. He highlighted that the SEC, the CFTC, and banking regulators would work together to oversee the cryptocurrency industry.

The world's largest cryptocurrency Bitcoin (BTC) has once again come under selling pressure and is currently trading 2.15% down at a price of $20,686 with a market cap of $394 billion. This is for the very first time that Bitcoin has formed a third consecutive weekly candle below its 200-Week Moving Average.

The accused duo allegedly planned to break into the home in the middle of the night and force its residents to provide the code to a bitcoin private key. The post Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home appeared first on The Block.

The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family's home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go to prison for 20 years. 2 Men Charged

Grayscale, a digital asset platform that provides access to retail investors, has posted a letter in advance of the SEC's 240 day deadline to respond to its request to migrate Grayscale Bitcoin Trust (GBTC) to an exchange-traded fund (ETF). The letter is signed by Michael.

Major coins remained rangebound around psychologically important levels Monday evening as the global cryptocurrency market cap retreated 0.85% to $934.25 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -1.5% 0.8% $20,734.37 Ethereum (CRYPTO: ETH) -0.6% 6% $1,193.58 Dogecoin (CRYPTO: DOGE) -1.4% 20.15% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Dogecoin (DOGE) +8.8% $0.07 ApeCoin (APE) +4% $4.73 Ethereum Classic (ETC) +2% ​​$16.9 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies continue to shadow Wall Street where stocks “can't win right now,” according to Edward Moya, senior market analyst with OANDA.

According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant. The post Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant appeared first on CryptoSlate.

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin,

Crypto market liquidations have started to subside after steeply rising in the past few weeks. At the peak of the market crash, liquidations soared over a billion dollars but have slowly begun to return to lowerlevels, around $150 million today.

Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. The post Bitcoin mining company Compass Mining loses facility for not paying electricity bill appeared first on CryptoSlate.