Grayscale victory against SEC sparks $90M in market liquidations, slims GBTC discountGrayscale's Bitcoin Trust discount narrows to under 20% following the firm's victory.
Happy Wednesday!The global crypto market cap is $1.08 trillion, with a 24-hour volume of $40.64 billion. The price of Bitcoin is $27,191.96, and BTC market dominance is 48.9%. The price of Ethereum is $1,702.24, and ETH market dominance is 18.9%. The best-performing sector is Cannabis, which gained 17%. The Crypto Fear & Greed Index is currently Neutral (49). Top News
Grayscale victory against SEC sparks $90M in market liquidations, slims GBTC discountGrayscale's Bitcoin Trust discount narrows to under 20% following the firm's victory. X secures Rhode Island currency transmitter license, paving way to crypto servicesThe license approval is another step toward CEO Elon Musk's fabled "everything app" becoming a reality. Google leans into AI by expanding Duet, integrating Meta’s Llama, and moreGoogle Cloud also announced several AI partnerships at its Next '23 conference. Latest Insights
More NewsNavigating Bitcoin’s sideways trend with realized loss momentumRealized loss momentum shows Bitcoin could potentially face a volatile few weeks and indicates only sideways movement going into autumn. SBF lawyers claim Sixth Amendment rights have been violated, request releaseAllegations of justice system failings in FTX chief's ongoing court saga. ChatGPT drives OpenAI toward $1B revenue goal after losing $540M in 2022ChatGPT gained wide adoption and usage across the globe, reaching 100 million monthly active users in record time. EOS rallies 9% following landmark regulatory approval in JapanThe EOS token reacted positively to the news of the approval, rising by 9%. Prosecutors rebuff complaints from Bankman-Fried’s lawyers regarding excessive evidenceThe government acknowledged that it had introduced over 7 million pages of new evidence in recent days but informed the court that much the of the materials were seized from Bankman-Fried's own Google accounts.
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