CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities – Regulation Bitcoin News

The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise and believes that “Many digital assets constitute commodities.” Meanwhile, SEC Chairman Gary Gensler has insisted that the vast majority of crypto tokens are securities. CFTC Chairman’s Testimony on Crypto Regulation and the Digital Commodities Consumer Protection Act The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, discussed…

The Psychology of a Market Cycle | #Crypto #NFT #Stocks

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io To start comparing quotes and simplify insurance-buying, check out Policygenius: Thanks to Policygenius for sponsoring this video! The psychology of a market cycle is a fun thing to study. Whether we are talking about stocks, crypto, NFTs, or Beanie Babies, these 14 stages of psychology in a given Market cycle are super interesting. I’m interested to hear your opinion on what stage of this Market cycle we are in. Watch until the end of the video because I asked you four questions…

Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days – Market Updates Bitcoin News

During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down 13% lower to 16.8%. In 35 Days, Ethereum’s Market Dominance Slides 13% Lower Ethereum’s market valuation has dropped a great deal during the past month after reaching $1,996 per unit on August 14, 2022. At that time, ethereum’s market cap…

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Solana Price Trades Laterally, What Could Be The Next Level?

Solana price has been volatile over the last week, with no significant change in the last 24 hours. In the last week, SOL fell by 6%. At the moment, the Solana price is neither swaying towards the bullish zone nor the bearish territory. The technical outlook for the altcoin has flashed mixed signals. Broader market weakness could be attributed to the altcoin’s mundane price action. Bitcoin slipped below the $20,000 mark and many other prominent altcoins also travelled south. Buying strength on Solana’s daily chart remains in the negative with…

DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto – Regulation Bitcoin News

The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.” US Government’s Digital Asset Coordinator Network The U.S. Department of Justice (DOJ) announced Friday that its Criminal Division has established the nationwide Digital Asset Coordinator (DAC) Network. The Justice Department noted that the DAC Network launch is “in furtherance of the department’s efforts…

I Mined This Massive Mountain Of Gold To Find This Extremely Rare Gem

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I knew there was an extremely rare gem to find and I wasn’t gonna stop until I did. I set up an entirely new operation that runs faster and smoother than any before and kept grinding away until the new Onyx showed up. From there I decided to see what I could make with this valuable gem. Merch – Game: Music: (Vexento) ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins

The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 and is on track to fall more than 9% this week. If this correlation continues, it could bring more pain to the cryptocurrency markets because Goldman Sachs strategist Sharon Bell cautioned that aggressive rate hikes…