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Crypto

Crypto industry gaining support amid uncertain future

Crypto industry receives White House support amid regulatory shifts, but faces challenges with Bitcoin prices and potential speculative risks.

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Crypto industry receives White House support amid regulatory shifts, but faces challenges with Bitcoin prices and potential speculative risks.

In Short

The crypto industry is evolving with new regulatory changes and seeks legitimacy amid challenges.

Despite potential benefits from blockchain technology, concerns about legitimacy and regulation persist, particularly in light of Bitcoin’s speculative nature.

The crypto industry continues to develop, facing challenges and opportunities amid shifting regulatory landscapes.

Bitcoin remains over 20% below its January peak, as the White House presents new support for the sector.

For years, the industry has blamed strict regulations for stunting its growth. However, recent changes in leadership and some relaxed enforcement by the SEC signal a potential shift.

Government oversight

Following the transition in the White House, major players in the crypto sector are beginning to seek legitimacy through government oversight, hoping for less stringent regulation.

In a recent interview, Eswar Prasad, a Cornell professor, highlighted the dual nature of the crypto industry’s current state. While blockchain technology offers significant potential, questions remain about its real-world applicability.

Prasad pointed out that many firms have yet to realise substantial benefits from adopting blockchain for operations. Nonetheless, the stablecoin sector is gaining traction, exploiting existing frictions in financial systems.

There are concerns about the legitimacy of the industry, with some of its more dubious elements, such as meme coins, receiving government endorsement. The administration’s reluctance to use taxpayer money for Bitcoin purchases also drew criticism, as it raises questions about the strategic value of a potential cryptocurrency reserve.

Prasad expresses skepticism about the practical benefits of a strategic reserve, given Bitcoin’s speculative nature.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Crypto

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

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Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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#Bitcoin #CryptoNews #BitcoinCrash #CryptoMarket #CryptoUpdate #BitcoinTrading #MarketAnalysis #FinancialNews


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Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

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Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

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White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.


The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation


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