Market pulse – 31/03/2023
The total crypto market cap rose by $7 billion in the last five days and now stands at $1,168 billion. Still below the monthly high of $1,200 billion registered few days ago. BTC/USDT Today is the end of month, so all eyes are on monthly candle close and all the...
SEC’s Gary Gensler seeks $2.4B in funding to ‘streamline’ crypto
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says the regulator needs extra funding to keep up with emerging capital markets like crypto. He has supported President Biden’s request to add $2.4B in funding to the SEC to help crack down on crypto “misconduct.”
Bank of England Governor says the market is testing banks, a similar opinion to President Biden’s
Bank of England (BoE) Governor Andrew Bailey has asked banks to be vigilant as the current market is unfavorable, echoing President Joe Biden’s latest sentiments that the ongoing banking collapse is not anywhere near its end.
FTX allowed to sell $45M subsidiary, Sequoia Capital
A Delaware bankruptcy judge has ruled to allow FTX to sell Sequoia Capital Fund to the Abu Dhabi investment arm.
Binance launches a regional office in Georgia
Binance, the world’s largest crypto exchange by transaction volume, has announced the launch of a new hub in Georgia. The exchange has said it intends to use the outpost to fuel further adoption of cryptocurrencies and create new jobs for Georgia residents.
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