Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Investing

Crypto Market Recap: CFTC to Hold Crypto Industry Forum

by Invest Daily Pro
February 10, 2025
in Investing
0
Crypto Market Recap: CFTC to Hold Crypto Industry Forum
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Here’s a quick recap of the crypto landscape for Friday (February 7) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin is trading at US$96,087, recording a 0.4 percent decrease over 24 hours as of the market’s close on Friday. The day’s trading range saw a high of US$100,097 and a low of US$95,746.

Meanwhile, Ether is priced at US$2,595.45, marking a decline of 3.7 percent over 24 hours. The cryptocurrency reached an intraday high of US$2,794.36 and a low of US$2,590.32.

Altcoin price update

  • SOL is currently valued at US$189.99, 1 percent lower over 24 hours, after hitting a daily high of US$202.86 and a low of US$189.95 as the markets closed for the weekend.
  • XRP rose to US$2.38 at the end of the trading day, marking a 2.2 percent increase. The cryptocurrency reached an intraday high of US$2.53 and a low of US$2.36.
  • SUI is trading at US$2.97, near its lowest valuation of the day and a 6 percent decline. It achieved a daily high of US$3.37 and a low of US$2.96.
  • Finally, ADA is down, priced at US$0.7041, reflecting a 0.6 percent decrease over 24 hours. Its highest price on Friday was US$0.7485 at the opening bell and its lowest was US$0.6994.

Crypto news to know

Acting Commodity Futures Trading Commission (CFTC) Chair Caroline Pham announced a forum where crypto CEOs from companies including Coinbase, Circle and Ripple can provide input on an upcoming digital asset pilot program.

Earlier this week, Pham said the CFTC will be dividing its task force into two main groups and will be “ending regulation by enforcement,” turning its attention to fraud and consumer protections instead.

Elsewhere, a US federal judge has decreed that Coinbase will be required to face allegations brought to it by the US Securities and Exchange Commission (SEC) in June 2023, rejecting the crypto exchange’s argument that it does not meet the criteria of a statutory seller. According to Reuters, US District Judge Paul Engelmayer said, “customers on Coinbase transact solely with Coinbase itself,” effectively concluding that Coinbase is a seller.

The SEC has also requested more time to reach a final decision regarding an application by Nasdaq’s International Securities Exchange to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA).

The decision is now due in April of this year.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

ShareTweetPin

Related Posts

UPS Batteries For Explosive (EX & ATEX) Environments
Investing

UPS Batteries For Explosive (EX & ATEX) Environments

October 3, 2025
Locksley Advances Multiple Antimony & REE Workstreams
Investing

Locksley Advances Multiple Antimony & REE Workstreams

October 3, 2025
Lo Herma Resource Drilling Timing Confirmed
Investing

Lo Herma Resource Drilling Timing Confirmed

October 2, 2025
Reinstatement to Quotation
Investing

Reinstatement to Quotation

October 2, 2025
Institutional Investment
Investing

Institutional Investment

October 1, 2025
Crypto Market Update: Bitcoin Tops $112,000 Amid Crypto Sector Jitters
Investing

Crypto Market Update: Bitcoin Tops $112,000 Amid Crypto Sector Jitters

October 1, 2025
Next Post
Here’s A Group Ready To Set Sail

Here’s A Group Ready To Set Sail

Recommended

Fed easing cycle to encourage EM issuers to tap debt markets

Fed easing cycle to encourage EM issuers to tap debt markets

November 4, 2024
DMAP’s DigiCon 2024 to lead Philippines’ digital transformation ‘REVOLUTION‘

DMAP’s DigiCon 2024 to lead Philippines’ digital transformation ‘REVOLUTION‘

September 2, 2024
Metro Manila Film Festival 2024: Heartfelt drama of hope and redemption

Metro Manila Film Festival 2024: Heartfelt drama of hope and redemption

December 25, 2024
Araneta City’s Christmas events

Araneta City’s Christmas events

December 23, 2024
Outpour of support for 75,000+ Filipinos: DigiPlus Interactive and BingoPlus Foundation strengthen community resilience for typhoon season

Outpour of support for 75,000+ Filipinos: DigiPlus Interactive and BingoPlus Foundation strengthen community resilience for typhoon season

September 4, 2024
Scottish Power owner Iberdrola commits £24bn to upgrade UK’s green energy infrastructure

Scottish Power owner Iberdrola commits £24bn to upgrade UK’s green energy infrastructure

October 12, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved