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U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler

Three committee chairs in United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) chair Gary Gensler demanding a more satisfactory response to their November 1 letter regarding the SEC chairman’s and the agency’s compliance with recordkeeping requirements. Judiciary Committee chair Jim Jordan, Oversight Committee

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Majority of Pepecoin (PEPE) Investors Caught in High-Stakes Game of Musical Chairs, Research Shows

"The limited amount of net liquidity is creating a high-stakes game of music chairs,” shared Rafe Tariq, Senior Quant at SingularityDAO in the research note. “Everyday investors are being lured in with the hopes of big profits but the reality is that a small percentage of investors will walk away

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SEC chair’s crypto oversight strategy in question as ecosystems collapse

While regulations are often aimed at protecting citizens from bad actors, the effectiveness of crypto regulations in the United States is in question owing to the colossal fall of major exchanges and ecosystems over the past year — FTX, Celsius, Voyager, and Terra (LUNA).Congressman Tom Emmer showed concerns about the

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Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits – News Bitcoin News

According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been deteriorating. Confidence in U.S. president Joe Biden managing the U.S. economy has dropped from 57% to 40%, and faith in Federal Reserve chair Jerome Powell has faltered from 55% to 43%.

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SEC chair’s regulatory agenda fails to include clarity on crypto, says Hester Peirce

Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by many in the space as Crypto Mom, is pushing back against the regulatory body’s agenda for not including clarification on digital assets.In a Monday joint statement, Peirce and SEC Commissioner Elad Roisman said they were “disappointed”

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First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises

Good morning. Here’s what’s happening this morning:Market moves: Bitcoin dropped on U.S. Fed Chair Powell’s comment, while ether gained more market share.Technician’s take: Support levels remain intact, which could establish a tight trading range between $55,000-$60,000 BTC into the Asian trading day.Catch the latest episodes of CryptoX TV for insightful

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