Cryptocurrency Market Update on February 16th 📉Market Stats 💸Market capitalization: $1,163 billion 📈Index Value: 62 💱Sentiment: Greed 💰Volume 24h: $94.4 billion 📰News update ✅Binance expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business Binance, the world’s largest cryptocurrency exchange, expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business, the firm’s chief strategy officer said in an interview. ✅FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account. ✅US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency.” ✅SEC Proposes Rule That Could Squeeze Crypto Platforms Proposal would impose heightened standards on entities that hedge, pension funds use to hold customer assets ⏰More details: https://medium.com/kingdom-game-4-0/cryptocurrency-market-update-on-february-16th-f2e35d401697

Cryptocurrency Market Update on February 16th 📉Market Stats 💸Market capitalization: $1,163 billion 📈Index Value: 62 💱Sentiment: Greed 💰Volume 24h: $94.4 billion 📰News update ✅Binance expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business Binance, the world’s largest cryptocurrency exchange, expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business, the firm’s chief strategy officer said in an interview. ✅FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account. ✅US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency.” ✅SEC Proposes Rule That Could Squeeze Crypto Platforms Proposal would impose heightened standards on entities that hedge, pension funds use to hold customer assets ⏰More details: https://medium.com/kingdom-game-4-0/cryptocurrency-market-update-on-february-16th-f2e35d401697

Cryptocurrency Market Update on February 15th 📉Market Stats 💸Market capitalization: $1,025.6 billion 📈Index Value: 54 💱Sentiment: Neutral 💰Volume 24h: $57,6 billion 🆘CPI for January: 6.4% 📰News update Details: https://t.co/IOpZykBdZT https://t.co/10E1wus1qD

Cryptocurrency Market Update on February 15th 📉Market Stats 💸Market capitalization: $1,025.6 billion 📈Index Value: 54 💱Sentiment: Neutral 💰Volume 24h: $57,6 billion 🆘CPI for January: 6.4% 📰News update ✅US Judge approves removal of #FTX Turkish units from bankruptcy case The crypto exchange had asked the court to greenlight the exclusion of the units after Turkish authorities ordered the seizure of most of its assets in the country. ✅Polygon eyes mainnet beta release for zkEVM Layer 2 next month Polygon is planning to release a new Layer 2 scaling solution, zkEVM, in a mainnet phase on Mar. 27. ✅Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said. ✅Bankruptcy court restricts KeyFi founder Jason Stone in Celsius case KeyFi founder Jason Stone and others involved with the staking firm are barred from transferring or disposing of most property tied to the Celsius bankruptcy case, according to a temporary restraining order filed in court on Tuesday. ⏰More details: https://medium.com/kingdom-game-4-0/cryptocurrency-market-update-on-february-15th-78782a1b8159