Bitcoin's recent price correction, following a relentless rally, has mirrored weakness in traditional markets. Bitcoin has exhibited a surprising lack of panic, while volatility gauges for stocks and bonds spiked noticeably.
The U.S. Securities and Exchange Commission (SEC) is seeking billions of dollars in penalties against Terraform Labs and its co-founder Do Kwon, following a jury verdict finding them liable for fraud.
Venezuela's state-owned oil company, PDVSA, is ramping up its use of digital currencies in oil sales as the U.S. reimposes oil sanctions on the country.
Top stories in the Crypto Roundup today:
- Bitcoin Sees Lower Volatility Despite Market Downturn
- SEC Seeks Billions in Penalties from Terraform Labs, Do Kwon After Fraud Verdict
- Venezuela Turns to Crypto as U.S. Oil Sanctions Bite Back
- Spot Bitcoin ETF Supply Dynamics and Halving Implications