Month: August 2021

Market Wrap: Bitcoin in Pullback Mode as Regulatory Concerns Rise

Market Wrap: Bitcoin in Pullback Mode as Regulatory Concerns Rise Bitcoin is declining as regulatory concerns rise; ether is holding support. Bitcoin extended its pullback on Tuesday as buyers continue to take profits from the $40,000 resistance level. The cryptocurrency was trading around $38,000 at press time and is down about 4% over the past […]
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It’s time to care about cryptocurrency

It’s no longer just for FinTwit fans. On adoption, the state of crypto, and why it matters to you, a normal person. (Really.) I’m in the backseat of an Uber, or maybe it’s a Lyft, I dunno. It’s 2014. I’m in San Francisco on a business trip. The driver’s English is spotty, and the best […]
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Let us regulate ‘wild west’ of cryptocurrency, SEC chair urges

Gary Gensler seeks more authority from Congress to oversee a market ‘rife with fraud, scams and abuse’ The chair of the US Securities and Exchange Commission (SEC) has called on Congress to give the agency more authority to police cryptocurrency trading, lending and platforms, a “wild west” he said was riddled with fraud and investor […]
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