Bitcoin prices have dropped to their lowest points since 2025. It started the week at about $98,000, reduced to $83,000, and now remains stable at about 84.5k.
The impact of Trump’s tariffs has put a strain on cash flow and contributes to revised market forecasts.
The SEC has concluded its investigation into the Crypto Exchange Gemini without pursuing enforcement action. This decision is consistent with several other recent cases in which the SEC has shut down investigations within the crypto industry.
Gemini co-founder Cameron Winklevoss criticized the SEC for damages to Gemini and the Crypto industry, imposing millions of legal costs and stifling innovation. Winklevoss called for reforms, including reimbursing legal fees, accountability for SEC staff, and a lifetime ban on those who misuse the law.
Former US House Financial Services Committee Chairman Patrick McHenry joins the leading venture capital firm Andreesen Horowitz (A16Z) as a senior advisor, focusing on helping startups and startups navigate bureaucratic challenges.
A solid advocate for the crypto industry, McHenry previously co-hosted key legislation on crypto market structure and stubcoin regulation. Earlier this month, he joined the Senior Advisors Committee of Stripe’s renowned payment technology company.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely unstable and dangerous. Always conduct your own research before making an investment decision.
The opinions and opinions expressed in this article are those of the authors and do not necessarily reflect the views of Thestreet Crypto. This work is for informational purposes only and should not be considered financial or investment advice.