Crypto News Live Updates: The crypto market cap has declined more than 1% to $1.68 trillion as altcoins pared back gains in the last few days. Bitcoin price chart looks weak, falling 1% to move further lower to $42,200, with a complete lack of trading volume. Top altcoins including Ethereum losing support level, with ETH price trading 2% lower at $2,520. Solana price holds ground near $100.
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09:08:33 AM IST, 18 January 2024
Crypto News Live: Coinbase CLO Fires Back At SEC
Paul Grewal, chief legal officer of Coinbase, made a series of attacks on the SEC regarding overreach. Grewal said, “The SEC cannot unilaterally expand and redefine its own regulatory ambit. This should be left up to Congress and the ongoing legislative discussions about regulatory frameworks that are currently taking place.”
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09:04:41 AM IST, 18 January 2024
Crypto News Live: Franklin Templeton Sets Eyes on Ethereum & Solana
Franklin Templeton sets sights on benefits of layer 1 blockchain Solana and Ethereum, after recent focus on Bitcoin. “We believe as blockchains improve in fees and performance, the potential use cases that are unlocked grow exponentially. Improving the economics and experience for the end user cannot be overstated.”
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