SEC Chair Gary Gensler rebuffs Coinbase’s petition, insisting that crypto laws already exist and that most tokens qualify as securities under existing rules.
Bitcoin miners are offloading coins, driving prices lower, but analysts say the sell pressure may ease soon as BTC approaches a key $24,000 support zone.
Bitcoin trades near $27,000 amid U.S. debt ceiling fears and miner selloffs, as analysts eye key support and resistance zones for BTC and major altcoins.
Bitcoin addresses with at least 1 BTC hit an all-time high above one million, showing growing adoption as investors buy the dip during the prolonged bear market.
Coinbase, lawmakers, and industry groups unite in criticizing the SEC’s crypto stance, accusing it of overreach and creating regulatory uncertainty in the U.S.
