The SEC declared war on cryptocurrencies, suing two top exchan | CryptoCoin Post

The SEC declared war on cryptocurrencies, suing two top exchanges at once: Binance and Coinbase .

The result of the SEC's aggressive policy was a divergence in markets: the S&P 500 continued to rise, while cryptocurrencies fell under a sell-off.

Weekly Digest:

Binance US stopped accepting USD deposits

Online broker Robinhood removed Cardano, Polygon and Solana

Market maker Cumberland withdraws cryptocurrency from Binance and Coinbase

Moody's downgraded Coinbase from stable to negative

Ethereum developers announced the next major update to Dencun

Apple unveiled a $3,499 augmented reality headset

SEC estimated Binance US's all-time revenue at $410.9 million and counted $13.5 million in unpaid taxes

CFTC allowed regulated exchange Cboe to trade BTC and ETH futures on margin

Circle launches license in Singapore

OKX Exchange conducted a $258ml burn of OKB tokens

Crypto exchange Kraken launched NFT marketplace

Courses:

Bitcoin - $26,004 (↑1.25%)
S&P 500 - 4,298 (↑0.11%)
Gold - $1,960 (↓0.23%)
Oil Brent - $74.91 (↓0.83%)