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Gensler gone, Lutnick Tether’d, ‘crypto’ enters its Romanov phase
Homepage > News > Business > Gensler gone, Lutnick Tether’d, ‘crypto’ enters its Romanov phase Gary Gensler is officially out as America’s securities regulator, but Tether’s bestest Wall Street buddy blew his play to become the next Treasury chairman. On November 21, the Securities and Exchange Commission (SEC) announced that Gensler would resign as chairman effective at noon on January 20, 2025, the day that Donald Trump will be sworn in for his second term as President of the United States. Gensler praised SEC staff as “true public servants” and called it “an honor of a lifetime to have served...
Bored Ape Sells for $1.43M Amid 8.78% NFT Market Decline This Week
NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%). Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped Over the past week, the digital collectible market struggled, bringing in $77.46 million, reflecting an 8.78% decline. Ethereum-based NFTs claimed the top spot with $27 million, marking a 4.95% increase. Bitcoin NFTs followed with $16.78 million in sales, up by 29.36%, while Solana NFTs landed in third place with $11.38 million, a modest 1.95% rise. Mythos’ Dmarket...
Crypto VC: Ethereum is the ‘simplest, safest 3X’ opportunity now
Journalist Posted: November 24, 2024 Share this article ETH could rally to $10K, per crypto VC partner at Moonrock Capital. There was solid traction for ETH, including renewed staking interest, which could boost prices. A crypto VC projected that Ethereum’s [ETH] price could eye a $10K cycle high, despite lagging major cap altcoins and Bitcoin [BTC]. According to Simon Dedic, founder and partner of crypto VC Moonrock Capital, ETH could be the ‘ safest 3x ’ opportunity now. “At this current state of the market, $ETH is likely the simplest and safest 3x opportunity still available.” Based on the current...
