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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.
Wall Street Today: AI Domestic Investment News on the Way
PayPal Options Spot-On: On January 21st, 105.37K Contracts Were Traded, With 1.46 Million Open Interest
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.
Live Stock News: Market Climbs, Crypto Falls, Big Tech is Here and Trump Starts Signing Orders