The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.Source
The majority of investors did not stand to gain from Pepecoin’s herculean rise, indicating a limited window for potential gains.Source
Crypto regulation has become a political debate and a turf battle between the SEC and the CFTC, the report said.Source
Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday.Source
Crypto markets added 3.3% to overall capitalization in the past 24 hours as some opined the recent SEC filings could strengthen bitcoin’s value proposition among investors.Source
Congressmen Brad Sherman and Stephen Lynch called the crypto industry “a major source of tax evasion” in a letter asking for the prompt release of proposed regulations.Source
Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.Source
Gensler’s comments follow landmark suits filed this week against Binance and Coinbase.Source
In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.Source
