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SEC cost crypto firms $426M under Gensler — Blockchain Association

The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Source: https://cointelegraph.com/news/sec-crypto-enforcement-gary-gensler-blockchain-association?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

‘Trump Victory’ Stock Rallies in China Before US Elections
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‘Trump Victory’ Stock Rallies in China Before US Elections

Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation of Election Outcome Wisesoft, a company that builds software […] Source: https://news.bitcoin.com/trump-victory-stock-rallies-in-china-before-us-elections/

Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm
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Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm

Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher inflation and escalating interest rates. […] Source: https://news.bitcoin.com/pound-sterling-suffers-biggest-drop-in-18-months-amid-reeves-tax-and-spend-storm/

Bitcoin ETFs Amass 1 Million BTC – A New Leader Emerges
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Bitcoin ETFs Amass 1 Million BTC – A New Leader Emerges

New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin ETFs have accumulated more than 1 million BTC, totaling nearly $71 billion. Since Jan. 11, […] Source: https://news.bitcoin.com/bitcoin-etfs-amass-1-million-btc-a-new-leader-emerges/