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Bitcoin Slips Below $20K Following Ethereum’s Successful Upgrade
Bitcoin (BTC) is dipping slightly below $20,000 after the Ethereum Merge was completed Thursday. With bitcoin’s dominance also slipping to 40%, many are suggesting that ether (ETH) could one day surpass bitcoin in market cap. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Senator Durbin: CFTC Chair Is ‘Lowballing’ Agency's Budget
U.S. Commodity Futures Trading Commission (CFTC) raised $112 million for "rule-making," "hiring," and "training expertise." Chairman Behnam discusses with Sen. Dick Durbin (D-Ill.) the cost for his agency to become the primary crypto regulator. Plus, why Durbin thinks Chairman Behnam is "lowballing" the annual budget.
Polkadot Is an ‘ETH Collaborator,’ Co-Founder Says
Polkadot co-founder Robert Habermeier explains why he considers Polkadot to be an “ETH collaborator” instead of an “ETH killer.” Plus, more details on the Merge as it becomes an “impressive step forward” for the Ethereum network.
Gensler on Regulation Crypto Exchanges, Combating Money Laundering
In a response to a question from Senator Cortez Masto (D-Nev.), SEC Chair Gary Gensler explains his approach to regulating cryptocurrency exchanges and addresses concerns surrounding crypto’s role in money laundering.
SEC Chair Gensler on Securities Definition, Working With the CFTC
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler explains why different regulatory entities need to have an overarching definition of a security and collaboration with the CFTC if bitcoin is considered to be a commodity.
SEC Chair Gary Gensler on Disclosures for Crypto
During the SEC oversight hearing, Chair Gary Gensler responds to a question from Senator Cynthia Lummis (R-Wyo.) about the use of disclosures to protect crypto investors, drawing comparisons with practices from traditional investing.
Polkadot Co-Founder ‘Super Happy’ to See Ethereum Transition to Proof-of-Stake
Polkadot Co-Founder Robert Habermeier joins CoinDesk TV to weigh in on Ethereum’s historic upgrade and what it means for the crypto industry as a whole. Plus, Habermeier explains why he views Polkadot as an “ETH collaborator.”
CFTC Chair to US Senators: Already Preparing to Be Major Regulator in Crypto
Rostin Behnam, the head of the U.S. Commodity Futures Trading Commission, said he has already directed his agency to begin preparing to be the major, fully-funded regulator for much of the crypto market, as anticipated in Senate legislation.
FTX Eyes Raising Capital for Potential Retail-Focused Deal: Source
Cryptocurrency exchange FTX is raising capital in parallel with a potential acquisition, according to a source familiar with the matter. "The Hash" panel discusses what this means for the market in a crypto winter and thoughts on Sam Bankman-Fried's strategies.
Ether and Ethereum Classic Trading Faces Volatility After Merge
Crypto markets are mostly flattish over the past 24 hours, but the action in ether (ETH) and Ethereum Classic (ETC) has been volatile early Thursday following the successful Merge event. "The Hash" panel discusses the driving force behind ether and Ethereum Classic price actions.