🚨 Web3 Buzz: Today’s Top Headlines You Need to Know

News

US Crypto Regulation: The Securities and Exchange Commission’s (SEC) restructuring and regulatory reform have caught significant attention. The recent roundtable conference hosted by the SEC’s Crypto Task Force has shed light on the agency’s potential regulatory shift, with a vision for the US to lead in innovation and technology. Providing more insights into the US SEC’s potential crypto regulations, Fox Business journalist Eleanor Terrett shared an X post. Let’s unveil the key details shared by Terrett and the SEC’s possible moves ahead.

The latest update from crypto exchange titan Binance has left traders speculating over a potential price impact on 10 crypto assets. An official press release by the exchange on Saturday, April 12, revealed that the collateral ratio of 10 tokens under portfolio margin is being updated. These tokens include DENT, ENJ, NOT, DASH, CHZ, AXS, ENS, SAND, THETA, and QNT.

Markets

On Friday, Bitcoin price went up 4.80%, setting up a high of $83,378. Overall, this week has been bullish with BTC setting up higher highs and higher lows, signaling strength. One top trader is suspicious of this recent uptrend and says the uptick could be an ‘exit pump’ due to ‘bizarre flows on BTC.’

The crypto market, led by Bitcoin, has rebounded following Donald Trump’s decision to exempt tech products from tariffs he has imposed on China and other countries. Market participants see this as a positive amid the ongoing trade war between the US and China.