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SEC hostilities see Bitcoin dominance spike to 111-week high

Bitcoin’s dominance of the total crypto market cap spiked to 49.6% – a level not seen since late April 2021 – marking a 111-week high. The period around April 2021 related to the first wave of the previous bull cycle, with BTC peaking at $65,000 by early-April 2021. Despite China’s crypto ban and Elon Musk…

Tether treasury sends Binance $750M USDT in chain swap transaction

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

Last week, Ethereum ETPs saw the largest single week of outflows since the Merge

Coinbase CEO says crypto industry needs clarity, either from Congress or case law

The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle”…

Ooki DAO to pay $643K fine after CFTC’s court victory

Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’

Crypto.com to halt US institutional exchange offering; retail users unaffected

Buterin says Ethereum needs 3 critical transitions to ensure its survival

Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack.” Buterin added that these transitions must be executed “roughly simultaneously” to ensure success and if any of them…