Securities and Exchange Commission (SEC) Chairman Gary Gensler has said he has no plans to ban cryptocurrencies.
The total crypto market capitalization has grown by more than $ 300 billion in the past 7 days, weeks after resisting Chinese crackdown. The top three cryptocurrencies by market cap, bitcoin, ethereum, and Binance Coin, have gained more than 20% each since last week, while the Shiba Inu meme coin has soared by + 340% over the same period. After Elon Musk’s tweet, showing his Shiba Inu dog “Floki”.
This resurgence follows comments from the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, who said he had no plans to ban cryptocurrencies and that the ban would fall to Congress. Gensler’s comments on cryptocurrencies are a reiteration of the statement by Federal Reserve Chairman Jerome Powell, who said last Friday that a cryptocurrency ban is not on the agenda.
In the Crypto ETF space, 21Shares Crypto Basket Index ETP, WisdomTree Bitcoin ETP, and VanEck vectors Ethereum ETN have gained more than 20% each since the beginning of October.
Find and compare over 7,000 ETFs with our free tools:
Business Consulting Nulled, WeaPlay, Elementor Pro Weadown, PHP Script, Slider Revolution Nulled, Newspaper – News & WooCommerce WordPress Theme, Avada 7.4 Nulled, Fs Poster Plugin Nulled, Wpml Nulled, Elementor Pro Weadown, Flatsome Nulled,Woodmart Theme Nulled, Jannah Nulled, WordPress Theme, Astra Pro Nulled, Rank Math Seo Pro Weadown, Yoast Nulled, Dokan Pro Nulled, Nulledfire, Wordfence Premium Nulled, Woodmart Theme Nulled, Consulting 6.1.4 Nulled, Jnews 8.1.0 Nulled, Premium Addons for Elementor, Plugins, PW WooCommerce Gift Cards Pro Nulled, WP Reset Pro, Woocommerce Custom Product Ad, Newspaper 11.2