WuBlockchain Weekly: SEC Terminates Lawsuits Against Multiple Crypto Companies, Bitcoin Drops Below $80,000, OKX Settles with the U.S., etc
1. BTC Falls Below $80,000, ETH Dips Below $2,100 link On Friday, OKX market data revealed that BTC fell below $80,000, reaching a low of $78,258, with the current price at $80,514, reflecting a 24-hour decline of 7.22%. ETH dipped below $2,100, hitting a low of $2,074, and is currently priced at $2,136, showing a 24-hour drop of 8.02%. According to Coinglass data, the total liquidation across the network in the past 24 hours amounted to $953 million, with long positions accounting for $827 million of the liquidations. 2. SEC Terminates Regulatory Oversight of Multiple Crypto Companies link On Wednesday, regulators decided to terminate the federal investigation into Uniswap Labs. Sources revealed that the U.S. Securities and Exchange Commission (SEC) has concluded its inquiry into Uniswap and will not pursue further enforcement actions. The investigation, which began in April 2024, focused on whether Uniswap was operating as an unregistered securities exchange and whether its UNI token...