EddieJayonCrypto
25 Sep 24
• Bitfinex issues a warning about altcoins, citing a concerning rise in open interest despite rallies, which could signal potential market volatility ahead.• SEC Commissioner Hester Peirce suggests that the US SEC may be favoring BNY Mellon in crypto custody approvals, raising concerns about regulat...
• Bitfinex issues a warning about altcoins, citing a concerning rise in open interest despite rallies, which could signal potential market volatility ahead.• SEC Commissioner Hester Peirce suggests that the US SEC may be favoring BNY Mellon in crypto custody approvals, raising concerns about regulatory bias in the handling of competitors.• zkSync price skyrockets by over 20% as Coinbase introduces trading support, significantly boosting liquidity and market interest in the token.• A report from Bitwise reveals that 70% of top US financial advisors now hold crypto, and Bitwise CIO predicts client adoption could follow soon as interest grows.• The SEC raised concerns about TrueUSD’s reserves, labeling them risky and adding scrutiny to the stablecoin amid growing regulatory pressure.• SEC Chair Gary Gensler is heavily criticized, with some labeling him the "most historically destructive and lawless" SEC chair due to his approach to crypto regulation.• The SEC postpones its decision on Ethereum ETF options, following its recent approval of Bitcoin ETFs, creating uncertainty in the crypto markets.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.