US watchdog calls for better crypto market oversight as EU votes on MiCA regulation

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City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved from around $19,000 to roughly $20,400 at the beginning of the week, before enduring a correction that saw it drop right back to $19,200, the cryptocurrency’s current level. Ethereum’s ether, the second-largest cryptocurrency by market cap, traded in a way similar to BTC, starting the week around $1,300 and quickly jumping to get close to the 1,400 mark before a correction took ETH back to its current $1,320 level. Headlines in the cryptocurrency space this week focused on a number of topics, with a major developmen…

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