SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It ‘Disaster’ For Assets Like Bitcoin, Ethereum, Dogecoin
In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency’s cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy. What...
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Crypto Chaos: SEC Commissioner Uyeda Confesses Regulatory Failings
The US Securities and Exchange Commission (SEC) has faced increasing criticism in recent years over its regulatory approach to the crypto industry under President Biden’s administration, characterized by increased enforcement actions and lawsuits against major players. Commissioner Mark Uyeda recently voiced his concerns, describing the SEC’s strategy and regulation...
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South Korea Is Looking To Lift Ban On Spot Crypto ETFs, Here’s Why
South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs). This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more...
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Tron Founder Justin Sun Appointed ‘Prime Minister’ Of A Crypto-Focused Micronation In Europe
Justin Sun, the founder of the Tron (CRYPTO: TRX) network, has been elected as the Prime Minister of Liberland, a so-called micronation with an economy built around cryptocurrencies and blockchains. What Happened: Sun was nominated by President Vít Jedlička to serve as the acting PM after the cryptocurrency entrepreneur was...
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Bitcoin Stalls: Bullish Momentum Hinges On Reclaiming Key Metric, Expert Says
Following Bitcoin’s price swings witnessed in the past weeks, a crypto expert has predicted a potential resurgence of bullish momentum in the short term. However, the crypto asset must recover a certain level in order to unlock the next significant price surge. A Key Metric Could Kickstart Next Rally...
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Crypto Trader Who Turned $16,000 Into $18 Million With BONK Reveals What You Need To Win
Crypto trader @theunipcs gained widespread popularity on the crypto community on X (formerly Twitter) after pulling off what is being referred to as a legendary trade involving the Solana meme coin, BONK. The analyst had leveraged longed the BONK meme coin almost a year ago when it was still...
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Tesla-Themed Coins Spike After EV Giant Unveils ‘Cybercab’ Robotaxi — Why You Should Be Careful
Cryptocurrencies referencing Elon Musk’s Tesla Inc. (NASDAQ:TSLA) surged Thursday as the electric vehicle (EV) juggernaut unveiled its dedicated two-seater robotaxi product. What happened: A Solana (CRYPTO: SOL)-based coin, TeslaTAXI, pumped over 101% in the last 24 hours, according to CoinMarketCap. The coin’s trading volume on the decentralized exchange (DEX)...
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Ethereum Investors Sound The Alarm: China’s 7,000 ETH Sale Sparks Sell-Off Concerns
Online reports revealed that the Chinese Government has started to move thousands of Ether (ETH) seized from a $4 billion crypto Ponzi scheme. As a result, Ethereum investors have recently shared their concerns about the possibility of a massive sell-off. Investor Fear Upcoming ETH Selling Spree On Wednesday, an...
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Bitcoin-Critic Peter Schiff Salty Over Being Left Out Of Satoshi Nakamoto Documentary — Director Says, ‘We Could Only Have So Many Peters!’
Renowned economist Peter Schiff expressed his disappointment over not being featured in HBO’s new documentary on Satoshi Nakamoto despite his reputation as a ‘well-known’ Bitcoin (CRYPTO: BTC) critic. What Happened: Schiff said he watched the Cullen Hoback-directed documentary in an X post on Thursday. However, he voiced his grievances...
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Bitcoin, Ethereum, Dogecoin Muffled After September Inflation Dampens Rate Cut Outlook: Analyst Warns Of ‘Downside Deviation’ If King Crypto Loses This Support
‘Uptober’ remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.75% $60,135.24 Ethereum (CRYPTO: ETH) +0.75% $2,382.33 Dogecoin (CRYPTO: DOGE) -1.37% $0.106...
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