Tags : Upside

Market

The Upside of a Gensler-Led Crackdown

SEC Chairman Gary Gensler yesterday delivered lengthy testimony before the Senate Banking, Housing and Urban Affairs Committee, covering a variety of topics including the agency’s plans for more structured regulation of cryptocurrency. With many in the industry decrying what has often appeared to be a scattershot and improvised approach to crypto regulation, Gensler told the […]Read More

Bitcoin

Solid Upside Rejection as Bitcoin Tests $60,000; What to Expect?

Bitcoin bears attempted to take control during the early European session as the cryptocurrency neared a $60,000-valuation. The BTC/USD exchange rate slipped by as much as 4.89 percent from its intraday high of $59,800, triggering over $388 million worth of long positions across all the derivative exchanges in just four hours of trading. A sell […]Read More