Gary Gensler: SEC 'Taking a New Look' at Bitcoin ETF Applications
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Gary Gensler Is Now Being Asked About Bonk ETFs Following Ethereum Approvals

United States Securities and Exchange Commission (SEC) Chair Gary Gensler found himself criticizing the crypto industry on live television yet again on Wednesday—but this time, the regulator appeared to use markedly softer language as he was asked about potential crypto ETFs ahead. “These tokens… have not given you the proper disclosures you not only need to make your investment decisions,…

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Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
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Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June

Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on bitcoin’s prices for June. […] Source: https://news.bitcoin.com/analysts-bullish-on-bitcoin-qcp-capital-foresees-new-all-time-highs-in-june/

SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
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SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed to prevent excessive administrative control. Despite bipartisan support for a resolution to repeal […] Source: https://news.bitcoin.com/sec-commissioner-advocates-for-withdrawal-of-sab-121-says-bidens-veto-was-unfortunate/

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Ark Protocol’s Team Forms Lightning Network Competitor

In response to the growing demand for scalable and cost-effective Bitcoin payments, the team behind the Bitcoin layer-2 protocol Ark has established a new company called Ark Labs. This innovative firm aims to develop a faster and more efficient payment system on the Bitcoin blockchain, offering a compelling alternative to the Lightning Network. Led by creator Burak Keceli, Ark Labs…

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