The U.S. regulator overseeing derivatives markets took action against three firms, one of which had previously employed a lawyer later appointed to lead its technology research division at the CFTC.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
The sudden drop in prices last Thursday caught the interest of several significant investors.
Both tokens experienced a 3% increase, with bitcoin and ether gaining up to 1.2%, and bnb (BNB) surged by 1%, demonstrating resilience against worries about potential risks spreading within the BNB Chain ecosystem.
CoinGecko's data indicates that both Bitcoin and Ether maintained their stability in the past 24 hours, as there were minimal fundamental catalysts driving market fluctuations.
Bitcoin prices took an abrupt nosedive on Thursday evening following news of massive sell-offs in the hundreds of millions, sparking a widespread downturn in both futures and spot markets.
The crypto markets experienced a significant decline on late Thursday, with Bitcoin (BTC) plummeting to as low as $25,000 on the Binance cryptocurrency exchange.
Meme coins and low-cap cryptocurrencies continue to be the preferred choices for traders, while investors in Bitcoin eagerly await a prompt ETF decision.
The ratio displays greater optimism when reaching $29,000.
Despite the declining trading volume, all indicators strongly suggest an imminent break-out.