Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuitCoinbase CEO Brian Armstrong $1.8 million stock sale on June 5 may have been pre-planned.
Happy Friday!The global crypto market cap is $1.1 trillion, with a 24-hour volume of $24.84 billion. The price of Bitcoin is $26,465.50, and BTC market dominance is 46.6%. The price of Ethereum is $1,839.62, and ETH market dominance is 20.1%. The best-performing sector is Yield Farming, which gained 8%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuitCoinbase CEO Brian Armstrong $1.8 million stock sale on June 5 may have been pre-planned. Op-ed: Why the SEC should stay away from crypto (Part I)The U.S. needs a dedicated Digital Assets Commission to navigate the complex crypto landscape and foster innovation amidst regulatory challenges. Elizabeth Warren asks DOJ to investigate Binance’s statements to CongressWarren said that the DOJ could impose fines and imprisonment on Binance executives. Latest Insights
More NewsCoinbase legal chief Paul Grewal says SEC ‘misread the law’Paul Grewal said that once a federal judge versed in such matters presides over the case in court, they will come to the same conclusion BitGo to acquire 100% equity in Prime Trust parent following latter’s bankruptcy rumorsPrime Trust reduced its staff and closed its Texas operations earlier this year. Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suitsAttorney John Deaton is a rallying grassroots response to recent SEC enforcement actions that he claims have harmed investors. SEC’s Gensler rejects ‘regulatory clarity’ arguments in speech on crypto regulation"The vast majority of crypto tokens meet the investment contract test," the SEC chair said. "Not liking the message isn’t the same thing as not receiving it." Exodus sees Q1 revenue drop to $13M but reports high customer loyaltyThe crypto wallet company said that 800,000 users persisted during the crypto winter.
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