What Happened in the Crypto Market While Everyone Was Sleeping – June 22 Review
Date: 2023-06-22 Author: Karina Ziganova Categories: CRYPTO PAYMENTS
The US Federal Reserve is interested in the regulation of stablecoins, Valkyrie has applied to launch a spot bitcoin ETF, Ripple has received a license from Singapore
In the top 10 most capitalized cryptocurrencies, all coins, with the exception of stablecoins, showed positive dynamics. The best result in 24 hours was recorded in Dogecoin (+ 6.96%), in a week - in bitcoin (+ 20.92%).
In the top 100 most capitalized cryptocurrencies, Pepe (+41.86%) recorded the best result per day, and Stacks (+73.07%) recorded the best result in a week. Over the past 24 hours, Rocket Pool (-1.27%) has been losing the most in price. The greatest losses for the week were recorded at BitTorrent(New) (-8.40%).
Earlier, similar applications were submitted to the regulator by other companies, including WisdomTree and Invesco. Against the backdrop of renewed interest of market participants in the launch of a spot bitcoin ETF, bitcoin, followed by the entire crypto market, has grown.
Behavior of June 22Cryptocurrencies — leaders of capitalization
Bitcoin (BTC), according to CoinMarketCap, started Thursday with growth. As of 06:38 (Moscow time), the cryptocurrency is trading at $30,296 (1 token in rubles — ₽2,554,436). The minimum of bitcoin in 24 hours is $28,681, the maximum is $30,737.
Ethereum, the second largest cryptocurrency by capitalization, also started the day with growth. As of the time of writing, the coin is trading at $1918 (1 token in rubles is ₽2,554,436).
In the top 10 most capitalized cryptocurrencies, all coins, with the exception of stablecoins, showed positive dynamics. The best result in 24 hours was recorded in Dogecoin (+ 6.96%), in a week - in bitcoin (+ 20.92%).
In the top 100 most capitalized cryptocurrencies, Pepe (+41.86%) recorded the best result per day, and Stacks (+73.07%) recorded the best result in a week. Over the past 24 hours, Rocket Pool (-1.27%) has been losing the most in price. The greatest losses for the week were recorded at BitTorrent(New) (-8.40%).
The main news of cryptocurrencies on the morning of June 22
Venture capital firm Valkyrie Funds is entering the race to launch a spot exchange-traded fund (ETF) based on bitcoin. Information about this appeared in the application, which the organization submitted to the US Securities and Exchange Commission (SEC).
Earlier, similar applications were submitted to the regulator by other companies, including WisdomTree and Invesco. Against the backdrop of renewed interest of market participants in the launch of a spot bitcoin ETF, bitcoin, followed by the entire crypto market, has grown.
The Californian crypto project Ripple has received a license from the Singapore financial regulator. Information about this appeared in the media.
The license will allow Ripple to offer regulated products and services related to digital transactions with tokens, as well as expand the possibilities of cross-border transfers in the project's native token, XRP.
The US Federal Reserve System (Fed) wants to take part in the regulation of stablecoins. This was stated by the head of the regulator, Jerome Powell, during a speech before the Financial Services Committee of the House of Representatives.
According to him, the Fed considers stablecoins to be money. Jerome Powell is confident that the central banks of countries should participate in the regulation of "stablecoins". Now the main regulatory body in the US digital asset market is the SEC. US lawmakers are dissatisfied with the actions of the head of the Commission, Gary Gensler, and offer to fire him.
