Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers

Peter Brandt, a popular veteran trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on Goldman Sachs potentially restarting its cryptocurrency desk.Us old-timers have learned that whenever @GoldmanSachs enters a market niche it is time to guard your money. $BTC pic.twitter.com/tHfRkS4igb— Peter Brandt (@PeterLBrandt) March 1, 2021 On Dec. 21, 2017,…

Bitcoin (BTC) bulls were celebrating the digital asset’s recent surge above $10,000 for the first time this decade, but the smiles were short-lived as Bitcoin failed to hold above $10K for a meaningful amount of time.Is this another short-lived bull run like the seven times Bitcoin crossed $10K in 2019? Or is this time different?Daily…

An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7.As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement a new proof-of-work (PoW) algorithm, dubbed ProgPoW, which would decrease the efficiency divide between ASICs and GPUs,…

Musk’s decision came one day before a federal judge was set to decide whether to dismiss the case or allow it to proceed to the next stage.

Bitcoin (BTC) staged a modest recovery on Dec. 29 as United States stock markets rebounded in step.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$10,000 BTC price targets stickData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering above $16,600 at the Wall Street open after wicking below the $16,500 for a second day.The pair remained unappealing…

A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community. 115 Total views 7 Total shares The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the…