SEC New Rule Countdown: How Will the “Innovation Exemption” Drive Coinbase’s Acquisition Strategy? | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattExchangecryptodefiProject CryptoNFTsTokenits comment letterspeechRelated: Bitcoin’s $110,000 defense line has been breached. Is the market about to turn bearish?
After the October 11th crash, widespread market concerns about a potential second dip surfaced, and just days later, another plunge struck. Bitcoin, which rebounded from $116,000 on October 17th, experienced four consecutive daily declines. At around 4:00 PM today, it dipped to around $104,500, within striking distance of the October 11th crash low of $102,000. Ether (ETH) was also not immune, plummeting to $3,706, and Sol (SOL) to around $175. A host of altcoins saw widespread declines. Coinglass data shows that over the past 24 hours, open interest across the entire network has reached $1.189 billion, with $935 million in long positions liquidated. The largest single liquidation occurred on Hyperliquid’s ETH-USD exchange, valued at $20.4274 million. Alternative data shows that the market panic index has fallen to 22, indicating extreme…# Analysis# crypto# defi# Exchange# Market# NFTs# Sandbox# Token# Tool# web3Pre
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- On the morning of December 2nd local time, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), confirmed in a speech at the New York Stock Exchange that the innovation exemp...