Former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has sounded the alarm. He worries that crypto assets other than Bitcoin (BTC) aren’t sustainable in the long run. Gensler believes most altcoins lack fundamental economic underpinnings and are largely driven by market sentiment, which he suggests is unsustainable. In...
Gary Gensler's recent pronouncements about altcoins – that they're driven by sentiment and destined for the digital graveyard – reek of a perspective formed in the ivory tower of traditional finance. He’s looking at a gold rush — but there’s only one nugget (Bitcoin) worth collecting. He’s lost the forest...
In fact, former Securities and Exchange Commission (SEC) Chair Gary Gensler has been sounding the death knell for many altcoins. He thinks that currently the crypto space is driven largely by sentiment and not underlying value. Further, Gensler made a distinction between Bitcoin and other cryptocurrencies, conceding that the latter...
The U.S. Securities and Exchange Commission (SEC) has recently delayed decisions on several proposed Ethereum (ETH) exchange-traded funds (ETFs), signaling a cautious approach to regulating crypto investment products. These delays do impact applications from VanEck, Grayscale, and WisdomTree. In reality, the SEC needs the additional time to review the complicated...
Don't buy it. It's not about economic well-being. It’s about control. Central bankers are always playing the long game, and you gotta view the whole board.Tariffs = Recession? Or Central Control?Waller paints tariffs as economic poison. Good news is bad news. It gets worse. Bad news, he says, forces a...