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CoinCrier
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expected to break out of falling wedge pattern soon
Targets to watch: $0.8158 and $1.2040
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🏦 Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange. As detailed by Inner City Press, the hearing showcased Coinbase’s persistent efforts to acquire Gensler’s communications, including statements made before he became SEC Chair in 2021. Source 📌 Best Crypto News
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🏦 Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange. As detailed by Inner City Press, the hearing showcased Coinbase’s persistent efforts to acquire Gensler’s communications, including statements made before he became SEC Chair in 2021. Source 📌 Best Crypto News
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📊 Market Overview: #BTC : $60150 #ETH : $3193.77 #BNB : $533.52 #SOL : $143.92 ⚡ Dominance : BTC : 51.03 % ETH : 16.63 % Stables : 6.34 % 📈 Market Cap : Total : 2.31T DeFi : 79.29B 24hr Vol : 61.1B
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⚠️ In the past five years, about $100 billion worth of "dirty" cryptocurrency has been sent to exchanges However, about a third of this volume is attributed by analysts to sanctioned crypto services. The remaining volume is mainly associated with darknet markets, fraud, ransomware, and malware. ✔️ Stablecoins make up the majority of all "questionable" transfers relative to the crypto market as a whole. Most "dirty" cryptocurrency ultimately ends up on the five largest crypto exchanges, but criminals also use DeFi applications, gambling sites, crypto mixers, and cross-chain bridges for money laundering.
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Traders are seeing unrealized margins at -17%, marking the most negative point since the #FTX collapse. Historically, prices tend to bottom out at these levels. See our live dashboard for the latest insights. Source: #CryptoQuant
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