The head of the SEC preferred to rely on a 90-year-old law to regulate cryptocurrencies. The lack of regulatory clarity during Gensler’s administration created a legal battleground. Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), will leave his position early on January 20, coinciding with the inauguration of Donald Trump as … Read more
The largest bank in the United States, JPMorgan, estimates that exchange-traded funds (ETFs) based on XRP, Ripple’s cryptocurrency, could attract between $4 billion and $8 billion in investments over the first 6 to 12 months, if approved. approved by the regulator. This projection is part of a broader analysis which places the total potential of … Read more
Everything is ready for Donald Trump to assume the presidency of the United States on January 20. For that date, a change of command is expected that includes the departure of several officials who head federal agencies, one of them being Gary Gensler, president of the Securities and Exchange Commission (SEC). However, according to information … Read more
Trump’s SEC nominee, Paul Atkins, has already met with Peirce and Uyeda. Court cases unrelated to fraud are expected to be reviewed. According to sources in Donald Trump’s new administration, Republican commissioners of the Securities and Exchange Commission (SEC) are expected to begin reviewing the cryptocurrency policies imposed by Gary Gensler during his time as … Read more
The price of bitcoin (BTC) opened the day higher just like yesterday, after a momentary drop at the beginning of the week below $90,000 (USD). The market is now trying to recover USD 98,000. At the moment, the currency has reached USD 97,600 so far this morning, its highest in eight days. This is 10% … Read more
Bitcoin moves away from $108,000, its all-time high price. According to some on-chain metrics, it could be reaching ‘bear market’ levels. He bull run Bitcoin (BTC) is not following the steps that many expected. After having surpassed $108,000 in mid-December, several traders and analysts believed that the path towards $110,000 would be without pause. But … Read more
Burak Kesmec sees “growing retail participation” on Binance in favor of altcoins. The analyst says the altcoin market could continue to gain momentum in the coming months. Altcoin trading volume on the Binance exchange is at 77%, a level that suggests the approach of the new altcoin season, according to Burak Kesmec, an analyst at … Read more
The Central American country attracts American tourists in droves, many with bitcoin. The Spanish bank sees tourism as the driver of sustained economic growth. Banco Santander mentioned the crucial role that bitcoin plays in El Salvador’s recent tourism boom. According to an analysis by Santander US Capital Markets LLC, tourist flows to the Central American … Read more
Some information related to the macroeconomy and the situation in the United States influenced the price of bitcoin (BTC) to fall below USD 100,000 this week. The decline occurred amid the enthusiasm generated by the upcoming inauguration of Donald Trump as president of the United States. The optimism of the ecosystem for the arrival of … Read more
Saifedean Ammous, known for his work as an advisor to the government of El Salvador on issues related to bitcoin, recently launched harsh criticism against the government of Javier Milei in Argentina. Ammous claimed that Milei’s supposed adherence to the Austrian school of economics, so promoted during his campaign, was nothing more than a series … Read more