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ameliaor281

@ameliaor281

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“Technically, Congress is supposed to pass laws. Those laws delegate the authority to executive agencies like the SEC to interpret, but they are only supposed to interpret within the parameters that were delegated,” Ho said.
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“The common theme in lawsuits like Coinbase and Ripple is that the SEC is overstepping its bounds,” she said.
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@ameliaor281
Whatever happens, Atkins is unlikely to follow his predecessor Gensler’s approach, which has been criticized for being overly aggressive to crypto regulation and for routinely overstepping the SEC’s congressional mandate and enacting “regulation by enforcement.”
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That said, there are numerous crypto bills already up for consideration including stablecoin legislation and FIT 21, which provides a regulatory framework for crypto and has already passed the House of Representatives.
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ameliaor281 pfp
ameliaor281
@ameliaor281
“Technically, Congress is supposed to pass laws. Those laws delegate the authority to executive agencies like the SEC to interpret, but they are only supposed to interpret within the parameters that were delegated,” Ho said.
0 reply
1 recast
2 reactions

ameliaor281 pfp
ameliaor281
@ameliaor281
“The common theme in lawsuits like Coinbase and Ripple is that the SEC is overstepping its bounds,” she said.
0 reply
1 recast
2 reactions

ameliaor281 pfp
ameliaor281
@ameliaor281
Whatever happens, Atkins is unlikely to follow his predecessor Gensler’s approach, which has been criticized for being overly aggressive to crypto regulation and for routinely overstepping the SEC’s congressional mandate and enacting “regulation by enforcement.”
0 reply
1 recast
2 reactions

ameliaor281 pfp
ameliaor281
@ameliaor281
That said, there are numerous crypto bills already up for consideration including stablecoin legislation and FIT 21, which provides a regulatory framework for crypto and has already passed the House of Representatives.
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1 recast
2 reactions

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“The biggest long liquidation of this bull cycle so far,” CoinGlass confirmed to X followers.
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Data from monitoring resource CoinGlass calculates total cross-crypto liquidations at $1.6 billion for the 24 hours to the time of writing on Dec. 10.
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An accompanying chart compares cumulative volume delta (CVD) data for both Coinbase and the largest global exchange, Binance.
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“We observed something crazy — Coinbase traders began selling aggressively almost an hour before the mega dump,” it said.
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@oliviaria459
Analyzing exchange movements, Ltrd revealed that the largest United States trading platform, Coinbase, was pivotal in sparking downward momentum.
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“Today’s dump resulted in the biggest liquidation since 2021,” Ltrd summarized.
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While this came true, the liquidations accompanying the price drop looked a little like last week’s cascade.
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This constituted around 50% of a large downside wick from Dec. 5 — one that had created a market “inefficiency” that had a 96% chance of being filled, analysis said.
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New research from X account Ltrd reveals “crazy” trader behavior while the total crypto market cap shed up to 11% on Dec. 9.
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Bitcoin liquidations have hit three-year records as a fresh BTC price dump takes the market to a popular target.
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“Leveraged longs have gone through the market equivalent of an extinction event over the last 24 hours,” he added.
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Swyftx lead analyst Pav Hundal told Cointelegraph that the broader crypto market pullback “looks like a blip,” adding:
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