18 US States Sue SEC and Chair Gary Gensler
A coalition of 18 U.S. states has filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, accusing the agency of overstepping its authority and unfairly targeting the emerging cryptocurrency sector. The lawsuit, led by states like Nebraska, Texas, Tennessee, Wyoming, and Ohio, alleges that the SEC has engaged in […]
Bitcoin Unlikely to Drop to $60K Amid Stability in Near-Term Outlook — Michael Saylor
Bitcoin advocate and MicroStrategy founder Michael Saylor has dismissed the possibility of Bitcoin falling back to $60,000, a significant price point for the coming year. “I don’t think it’s going to $60,000 or $30,000. I think it’s going to rise from here,” Saylor stated in an interview with CNBC on Nov. 14. At the time, […]
Bitcoin Dips as Fed Chair Powell Signals No Rush to Cut Interest Rates
The Bitcoin market experienced a near 3% dip following remarks from Federal Reserve Chair Jerome Powell, who suggested that the central bank is in no hurry to reduce interest rates, despite expectations from crypto and financial market participants. Bitcoiners keep a close watch Speaking in Dallas, Texas, on Nov. 14, Powell stated, “The economy is […]