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SEC
How Low Could BTC & ETH Go?
As the crypto markets continue to slide, Valkyrie Co-founder & CIO Steven McClurg discusses the potential bottoms for BTC and ETH, citing the impact of the Fed’s half-point interest rate hike. Plus, reactions to UST stablecoin briefly losing its peg to the U.S. dollar and Valkyrie’s Bitcoin Futures ETF securing SEC approval.

Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Nvidia Failed to Disclose Crypto Mining Revenue Impact in 2018, SEC Says
Without admitting or denying the charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair.

Binance, Sequoia Back Elon Musk’s Twitter Takeover
According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).

Valkyrie’s Bitcoin Futures ETF Gets SEC Approval, Following Teucrium Nod
The approval came as the firm used a different exchange act application, which also helped Teucrium get the green light for a similar product.

Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
Canaan has until May 25 to dispute its inclusion, which could eventually force its delisting from the Nasdaq.

Hester Peirce Sounding Off on SEC’s Plans for More Crypto Enforcement Staff
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce discusses her opposition to the addition of 20 new jobs on the regulatory agency’s crypto enforcement squad. Plus, a conversation on the agency’s investigation into Terra Luna and Elon Musk’s ability to move crypto markets with his Twitter presence.

Who’s Surprised by the SEC’s ‘Power Grab?’
Events from the past week show why regulatory agencies might want more oversight over crypto.

Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff
The SEC commissioner has been wary of heavy-handed policing of digital assets.
