Bitcoin bounces to $43K ahead of fresh crypto comments from SEC Chair Gensler

Bitcoin bounces to $43K ahead of fresh crypto comments from SEC Chair Gensler

Attention is set to refocus on America following the Evergrande debacle as Gary Gensler talks to mainstream media. Bitcoin (BTC) bounced off $40,000 on Tuesday as attention returned to United States regulators.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$45,000 target emerges for bullsData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $43,000 Tuesday ahead of fresh comments from Gary Gensler, chair of the Securities and Exchange Commission.BTC price action steadied on the day after a fresh dip saw the first test of $40,000 support since Aug. 6.While....


Related News

SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says T...

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange on legal loopholes to obtain a regulatory monopoly. SEC Chair Gensler on FTX’s Undoing The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, talked about crypto regulation and the undoing of cryptocurrency exchange FTX in an interview with CNBC Thursday. Without confirming....

US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler...

A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director of the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC), Gurbir Grewal, testified Tuesday before the U.S. House of Representatives Committee Financial Services’....

Crypto On Capitol Hill: Here’s What SEC Chair Gensler Will Say At Today’s Hea...

In a highly anticipated appearance before the Senate Banking Committee, Securities and Exchange Commission (SEC) Chair Gary Gensler is set to reiterate his stance on the regulatory landscape of crypto today (10:00 am ET). Drawing from his pre-released testimony, Gensler remains unwavering in his belief that the majority of crypto assets fall under the purview […]

SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Financ...

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More Funding Needed to Regulate Crypto Space SEC Chairman Gary Gensler detailed his agency’s approach to regulating cryptocurrencies before the Senate Banking Committee Tuesday. He assured senators that the SEC is working overtime to create a regulatory framework for crypto assets. Noting the....

Why SEC Chair Gary Gensler Was Grilled During Senate Crypto Inquiry

On Thursday, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler spoke before the Senate Banking Committee to defend the agency’s stance on cryptocurrencies and its efforts to include climate risks in public company reports. Pennsylvania Senator Pat Toomey has criticized the SEC for its lack of a crypto regulatory framework. calling out Gensler for failing […]