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Trump Disappoints Crypto Holders Hoping for Immediate Policy Changes. How Is Bitcoin Reacting?
The founder of Greenlight Capital: Speculative behaviors in the Cryptos market during the bull market have exceeded common sense.
David Einhorn, the founder of Greenlight Capital, stated in a letter to investors that the current speculative behavior in the bull market has exceeded common sense.
Trump appointed Mark Uyeda as the acting chair of the SEC in the USA, and immediately established a working group on Cryptos.
Upon taking office, Ulyada, who is regarded as a supporter of Cryptos, initiated reforms in Cryptocurrency policies. On Tuesday, he announced the establishment of a Cryptocurrency Enforcement Task Force within the SEC, which will build a regulatory framework. Driven by this news, Bitcoin's intraday increase reached 3.0%, priced at $106,290. Trump previously announced that he plans to nominate former SEC commissioner Paul Atkins as the SEC chairman; however, the USA Senate has yet to schedule a confirmation hearing for Atkins.
Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin. -- WSJ
Is the "Trump fever" turning into instant wealth? The excitement in the cryptocurrency market is fading, and newcomers in the coin circle are exiting after experiencing liquidation.
① The virtual MMF market is highly volatile, unlike traditional stock markets, preserving capital is the priority; ② Analyzing virtual MMFs using traditional fundamentals, valuation methods, etc., is difficult and not suitable for ordinary investors.
Cryptos Retrace as Trump Skips Crypto Mention
Kcler : Why not both
riemanzi : If the market is optimistic and improving, then we are not far from a crisis
protraderx : Crypto. Tech is undergoing consolidation sideway now.
Steadypipi : Both will grow, especially when anything tech takes centrestage. At war (with drones cheap and complex), at home (smart everything), at work (on-site and online).
104266561 : Other people are greedy and I'm afraid