Bitcoin volatility examined, SEC hit with sanctions for ‘gross abuse of power’ in crypto case

There is high volatility across the crypto market at the moment, so it’s important to understand why. In today’s episode, we’ll take you through the Bitcoin price barriers you need to be aware of, the record-breaking day for the spot Bitcoin ETFs we didn’t want, a medley of Binance news, and last but certainly not least, the SEC has been hit with sanctions for “gross abuse of power” in a crypto suit.

Further reading:

• Bitcoin levels to watch next as BTC price risks sub-$60K retest
• Spot Bitcoin ETFs hit negative flows as GBTC sheds $642M in a day
• Binance’s user assets under custody surpass $100B
• Binance offers $5M reward for insider trading tip-offs
• Facing potential prison time, former Binance CEO hints at new project
• SEC hit with sanctions for its ‘gross abuse of power’ in Debt Box case

So, grab yourself a coffee, and let’s get into it!

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

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