Crypto Market Cap | Mastercard and Bakkt partner & Valkyrie files with the SEC | Market Color - CrossTower

CrossTower's Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with trader Chad Steinglass and data analyst Katherine Webb. Tune in and learn more about:EFTs Valkyrie has filed with the SEC, to offer a 1.25x leveraged bitcoin futures ETF to U.S. investors.Direxion (Exchange-traded fund issuer) has filed for a product that would enable speculators to buy contracts that short the price of Bitcoin. RegulatoryAccording to a Bloomberg article, cited people familiar with the matter, a report expected this week from the U.S. Treasury Department and other agencies will indicate that the SEC has significant authority to regulate stablecoins, which are the cryptocurrencies pegged 1:1 to fiat currency. FDIC chair Jelena McWilliams said that the agency is focused on creating "clear guidance" on the intersection between crypto and the American banking world. FundingSkyBridge Capital is privately offering its investors the option to invest in Kracken.CoinList has raised $100 million in Series A funding, bringing CoinList’s valuation to $1.5 billion. MiningAustralian bitcoin mining company, Iris Energy filed for an initial public offering (IPO) with the U.S. SEC to raise up to $100 million. Other Mastercard and Bakkt announced a partnership which will allow customers based in the United States to buy, sell and hold digital assets through custodial wallets. An “Initial Litigation Offering” is looking to fund a case against a California county by offering a tokenized stake in any resulting recovery. & remember to..Subscribe to our channel and never miss a crypto update!Follow CrossTower on Twitter: https://twitter.com/crosstower_exFollow CrossTower on LinkedIn:https://www.linkedin.com/company/cros...Visit our Website: https://crosstower.com/+ Sign up for our research reports and market insights here:https://crosstower.com/institutions/research-alerts/