SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

SEC Chair Gary Gensler reaffirms Bitcoin's non-security status while criticizing industry non-compliance amid SEC scrutiny.

Happy Friday!

The global crypto market cap is $2.33 trillion, with a 24-hour volume of $85.21 billion. The price of Bitcoin is $66,151.03, and BTC market dominance is 56.2%. The price of Ethereum is $2,686.63, and ETH market dominance is 13.9%. The best-performing sector is Deflationary, which gained 13%. The Crypto Fear & Greed Index is currently Greed (61).

📰 Top News

SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

SEC Chair Gary Gensler reaffirms Bitcoin's non-security status while criticizing industry non-compliance amid SEC scrutiny.

Bitcoin daily close above $65,000 is ‘pivotal’ to start an upward movement – Kraken

Despite breaking the $65,000 area this afternoon, Bitcoin still needs to hold its price above it to confirm the bullish sentiment.

Morocco turns to AI, blockchain to achieve ‘digital hub’ goal by 2030

The Digital Morocco 2030 was announced on Sept. 25 and launched with a $1.1 billion budget.

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📈 Latest Insights

• BlackRock’s Bitcoin ETF options approval set to enhance market liquidity and participation

• Change in 30-day OTC Bitcoin desk balances fall to lowest level since August

• Spot Bitcoin ETFs record best day since July with $365 million inflow

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🗞️ More News

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