
Bitcoin back above $28k; commands 49% of market share as altcoins struggle
Bitcoin briefly regained 50% market share today as investors continue to pull out of altcoins.
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.

Shifting investor sentiment favors altcoin ETPs over Ethereum and Bitcoin products

Coinbase responds to the SEC's June 13 filing, which snubbed the exchange's request for a rulemaking petition.

Bitwise's last ETF application and proposed rule change was rejected in July 2022.

The case concerns an article that targeted crypto entrepreneur Machi Big Brother.

Noelle Acheson of the Crypto is Macro Now newsletter believes BlackRock's Bitcoin ETF application was filed to have the White House re-assess its harsh regulatory response to crypto.

House Financial Services Committee Chair Patrick McHenry says he will "closely" watch the SEC's response to the asset manager's application