Rise’n’Crypto
SEC goes after Robinhood, Bitcoin price hits record high 200-day moving average
It’s a mixed bag of good and bad in crypto today. On one hand, Bitcoin’s price has hit a new record high 200-day moving average, which acts as a strong indicator for the future, and Grayscale sees yet more inflows to its GBTC ETF. On the other hand, the SEC has handed Robinhood a Wells notice over its crypto business, and Bitcoin mining revenue has hit a yearly low. So, to get a complete picture of the industry over the past 24 hours, carve yourself out 15 minutes and tune in.
Further reading:
- Bitcoin ‘as strong as ever’ with record high 200-day moving average
- Bitcoin mining revenue hits post-halving yearly low
- Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
- Robinhood crypto business slapped with SEC Wells notice
- Jack Dorsey leaves board of decentralized social network Bluesky
- Memecoins sell-off as Bitcoin price takes the spotlight — Is meme season over?
References:
So, grab yourself a coffee, and let’s get into it!
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