POKKET: Crypto Market Update (Sep 18)
Bitcoin is basically flat at $47.3k, ETH is lower -4.7% to $3400. Movers are CELR +14%, MTH +10%, MTH +9%, SUSHI -16%, SNX -13%, TRU -12%, CRV AUDIO -10%, and so forth as most tokens are lower today.
The US is readying for a clampdown on stablecoins, as Treasury officials have identified what they believe are the most urgent risks posed by Tether, and is crafting a policy framework set to be released in the coming weeks.
The CFTC is investigating Binance over insider trading claims, another blow to the exchange which is already being investigated by the CFTC for illegally allowing Americans to the use the platform.
Celsius Networks has joined the ranks of BlockFi as New Jersey filed a cease-and-desist order against the company overnight and Texas threatening to do the same.
There is a large options expiry coming up on 24Sep on Deribit of 60k contracts, roughly 40% of all open interest on the exchange with max pain at $44k.
OpenSea launches mobile apps for both iOS and Android as it looks to improve UX.
Revolut has announced it has used Bitcoin to pay for office space for 300 employees in a WeWork in Dallas, citing the reason is the ability to skip middlemen.
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