Market
Staking
SEC’s regulatory actions push US-based exchanges to withdraw staked Ethereum
The SEC has urged US-based crypto exchanges offering staking programs and interest-bearing products to comply with securities laws.
Crypto
CryptoSlate wMarket Update: Ethereum’s rally above $2,100 pulls broader market along
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Legal
XRP spikes 4% following Ripple’s latest response to SEC
XRP has outperformed Bitcoin and Ethereum by more than 20% in the last 30 days, according to CryptoSlate data.
Analysis
Shappella upgrade propels Ethereum above $2,100
Data from Token Unlocks showed that validators had withdrawn over 265,000 Ethereum at press time as ETH price soared.
Banking
Canada’s sixth-largest commercial bank acquired MicroStrategy shares
MicroStrategy's BTC holding became profitable for the first time in months after the flagship digital asset's value rose above $30,000.
Analysis
Ethereum trades above $2K for the first time in almost a year
Coinglass data showed that Ethereum's positive performance liquidated almost $40 million in short positions within the last 24 hours.
Analysis
Dogecoin spikes 6% following Twitter’s new move
Several Dogecoin enthusiasts interpreted Twitter's move as Elon Musk's latest effort towards integrating the meme coin.
Crypto
CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Deals
Twitter partners with eToro to allow users buy crypto, stocks
Twitter has partnered with eToro to allow its users access stocks, cryptocurrencies, and other financial assets.
Analysis
Crypto hedge founder says sell pressure projections on Ethereum are too high
Blockchain analytical firm Glassnode predicts that 170,000 ETH could be sold after the Shanghai upgrade.
Analysis
Whales sell liquid staking tokens as Ethereum Shappella upgrade nears
Blockchain investigator Lookonchain reported that a whale — Blockchain Capital — profited over $2 million from selling liquid staking tokens.
Exchanges
Swiss court allows FTX to explore sales of European business
A Swiss court has appointed an unnamed administrator for FTX Europe AG, according to the press statement.