π₯ Gary Gensler Maintains His Signature Stance
Yesterday, the SEC gave its nod to a spot Bitcoin ETF, paving the way for institutional investors to more conveniently access the flagship cryptocurrency.
π¬ In the wake of a recent hacking incident, the SEC, led by Gary Gensler, opted not to broadcast this development on social network X. Instead, they issued a formal statement on the SEC's official website. Gensler maintained his critical stance on cryptocurrency, articulating his skepticism.
The release further highlighted, "...bitcoin is primarily a speculative, volatile asset thatβs also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing."
Yesterday, the SEC gave its nod to a spot Bitcoin ETF, paving the way for institutional investors to more conveniently access the flagship cryptocurrency.
π¬ In the wake of a recent hacking incident, the SEC, led by Gary Gensler, opted not to broadcast this development on social network X. Instead, they issued a formal statement on the SEC's official website. Gensler maintained his critical stance on cryptocurrency, articulating his skepticism.
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto," the SEC's press release emphasized.
The release further highlighted, "...bitcoin is primarily a speculative, volatile asset thatβs also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing."
π¨ππΎ π¨ CRYPTO CAFFEINE
π₯ Gary Gensler Maintains His Signature Stance Yesterday, the SEC gave its nod to a spot Bitcoin ETF, paving the way for institutional investors to more conveniently access the flagship cryptocurrency. π¬ In the wake of a recent hacking incident, the SEC,β¦
π³ The approval process included a vote among the SEC commissioners.
Two of them, including the famously dubbed "Crypto Mom" Hester Peirce, cast positive votes.
π£ On the other hand, Democratic Party Commissioner Caroline Crenshaw opposed the approval, citing concerns about the market's vulnerability to fraud and manipulation and a lack of robust regulatory oversight.
Two of them, including the famously dubbed "Crypto Mom" Hester Peirce, cast positive votes.
π£ On the other hand, Democratic Party Commissioner Caroline Crenshaw opposed the approval, citing concerns about the market's vulnerability to fraud and manipulation and a lack of robust regulatory oversight.
π¨ππΎ π¨ CRYPTO CAFFEINE
DCA orders for 2024. #btc by any chance. π«‘ #USDT.D vs #BTC
it took us 19 months to reach 48k. rebalancing DCA orders as shown. #btc
https://t.me/OG_Scalps/61529
https://t.me/OG_Scalps/61529
Telegram
ππΎ πβπΈπβ / βπββππ
Binance, KuCoin
#BTC/USDT All take-profit targets achieved π
Profit: 57.1429% π
Period: 19 Months 7 Days 4 Hours 12 Minutes β°
#BTC/USDT All take-profit targets achieved π
Profit: 57.1429% π
Period: 19 Months 7 Days 4 Hours 12 Minutes β°
Next Qatar will ape into #Bitcoin with their millions of oil money...
π¨ππΎ π¨ CRYPTO CAFFEINE
What happens to altcoins during bitcoin movements and changes in dominance #study
eyes on 4th and last for Alt Rally
https://www.tradingview.com/x/EvFliO6H/
#total3 altcoins excluding ETH also looks strong. nearest support is 400B
#total3 altcoins excluding ETH also looks strong. nearest support is 400B
TradingView
TradingView Chart
https://www.tradingview.com/x/UCNKRNFI/
#TOTALDEFI market might face resistance here but immediate support at 50B
#TOTALDEFI market might face resistance here but immediate support at 50B
TradingView
TradingView Chart
https://www.tradingview.com/x/FxWSjrDt/
#top30 crypto index funds are best thing to do. top 30 coins have support at 10k
#top30 crypto index funds are best thing to do. top 30 coins have support at 10k
TradingView
TradingView Chart
$crv #crv spot better entry here due to ongoing fud with little risk. 10x potential.