Bitcoin’s price risk slumping to $36k if SEC denies ETF applications, Matrixport warns

Matrixport stated that the SEC might reject ETF applications because of the SEC's compliance demands.

Happy Wednesday!

The global crypto market cap is $1.65 trillion, with a 24-hour volume of $111.35 billion. The price of Bitcoin is $43,051.99, and BTC market dominance is 51.2%. The price of Ethereum is $2,232.96, and ETH market dominance is 16.3%. The best-performing sector is Energy, which gained 17%. The Crypto Fear & Greed Index is currently Greed (70).

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Top News

Bitcoin’s price risk slumping to $36k if SEC denies ETF applications, Matrixport warns

Matrixport stated that the SEC might reject ETF applications because of the SEC's compliance demands.

Crypto tax rules now require reporting of transactions over $10k

New IRS mandate for crypto transactions over $10,000 sparks concern and legal challenge from CoinCenter.

Insiders at MicroStrategy and Coinbase sell crypto stocks worth over $350M

Bitcoin advocate Michael Saylor to sell $216 million of MicroStrategy stock for crypto expansion

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