America has moved one step closer to the appointment of a new head of the Securities and Exchange Commission (SEC), a large Israeli pension fund has invested in bitcoin, analysts at The Block have calculated the share of stablecoins on the Ethereum blockchain - these and other news of the morning are in our review.

As of the morning of March 11, the most capitalized cryptocurrency - bitcoin - is trading at $ 56,024. Over the day, the coin, according to the resource CoinMarketCap, has risen in price by 2.45%, over the week - by 8.71%. Bitcoin showed the best movement result in 24 hours among the top 10.

The largest losses per day were recorded at Uniswap (-5.36%). At the same time, the token demonstrated the best, among the top ten cryptocurrencies, the result of the movement for the week (+ 16.71%). Over the past seven days, the largest losses were recorded at Cardano (-7.80%).

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The best daily movement result among the top 100 was recorded by Theta Fuel (+ 63.53%), during the week - by Chiliz (+ 182.46%). Over the past 24 hours, Fantom (+ 8.20%) has been losing value more actively than other cryptocurrencies in the first hundred of capitalization. NEM (+ 23.69%) lost the most over the week.


Breaking news on the morning of March 11

Crypto enthusiast Gary Gensler is one step closer to taking over as head of the SEC. For the candidate for the post of chief commissioner of the US Securities and Exchange Commission, nominated by the incumbent US President Joe Biden, the majority of the members of the Senate Banking Committee voted. The last step that separates Gary Gensler from the post of head of the SEC is the final vote in the Senate. According to media reports, the decision on his appointment can be made on March 16. We will remind, earlier Gary Gensler headed the Commission on Trade commodity futures (CFTC). The SEC head candidate is known for his interest in the digital asset market. He previously taught a course on the application of blockchain technology and cryptocurrencies in the modern financial system at the Massachusetts Institute of Technology. A transcript of one of Gary Gensler's lectures:

A large Israeli pension fund has invested $ 100 million in the Grayscale bitcoin trust. According to local media reports, Altshuler Shaham invested in the cryptocurrency at a time when its rate was at the level of $ 21 thousand. The company is organizing pension payments,

The share of stablecoins built on the Ethereum blockchain approached 70%. Analysts of The Block came to such conclusions during the market analysis.

We will remind, earlier members of the crypto community noted that the market capitalization of bitcoin again exceeded $ 1 trillion.