OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fundOpenSea CEO Finzer stated that the SEC's Wells Notice threatens innovation and could harm the livelihood of many.
Happy Wednesday!The global crypto market cap is $2.07 trillion, with a 24-hour volume of $93.92 billion. The price of Bitcoin is $58,734.83, and BTC market dominance is 56.0%. The price of Ethereum is $2,492.33, and ETH market dominance is 14.4%. The best-performing sector is Stablecoin, which gained 0%. The Crypto Fear & Greed Index is currently Extreme Fear (30). 📰 Top NewsOpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fundOpenSea CEO Finzer stated that the SEC's Wells Notice threatens innovation and could harm the livelihood of many. 👀 Metric of The DayOverview of Bitcoin ETFs: current premiums and discounts in trading Large transactions drive Bitcoin withdrawal from exchangesBitcoin sees significant outflows from exchanges, with mostly big players reacting to price swings. Bitcoin crashes over 6% to $58k before attempting recoveryThe majority of the losses were recorded in less than an hour after Bitcoin lost the key $61,000 support level. WazirX CEO advises withdrawals amid ownership dispute and hack aftermathNischal Shetty advises users to withdraw INR amid ownership dispute and recent $235 million hack. 📈 Latest Insights
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📖 Latest Market ReportThe unlikely reality of Bitcoin as a reserve currencyCryptoSlate's latest market report dives deep into the feasibility, implications, and potential consequences of Bitcoin becoming a reserve currency in the US.
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