The cryptocurrency market is currently experiencing significant turbulence, with Bitcoin having declined over 20% from its all-time highs. This downturn has affected most digital assets even more severely. The market has faced numerous headwinds over the past 1.5 months, including regulatory challenges. In a related development, the SEC is intensifying its scrutiny on the sector, targeting major platforms such as Kraken, Coinbase, Uniswap, and Metamask. The regulatory body is attempting to classify non-custodial wallets as broker-dealers, a move that could have significant implications for the industry.
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LIVE NOW -- Ethereum is Under Attack ⚠️ @ethereumJoseph and @MattCorva on the SEC vs Ethereum The SEC is going after @Kraken, @Coinbase, @Uniswap and @Metamask. They’re trying to turn every non-custodial wallet into a broker-dealer. But here’s what’s new - Joe and Matt are… https://t.co/7eXunhIP5z
Wishing everyone a Happy May Day! 🎉 https://t.co/5puJuBm4y2
Bitcoiners, are you paying attention? https://t.co/PKA1I2cZZ6
Is Bitcoin still heading to $39K? 🫵🏼 https://t.co/GhYhoxlPst
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BITCOIN SWORDS Start: 7th May on ME https://t.co/tYc2wg7bgW
BITCOIN SWORDS Starts 7th may on ME https://t.co/dCztSkbG7F
“Man Politely Asks Bear to Leave Party” With Bitcoin now down over 20% from ATHs and most digital assets down much worse, I believe we are at or very close to a tradable local bottom. Over the last 1.5 months, crypto has faced headwinds on numerous fronts that include regulatory… https://t.co/GhQBUiBPJm