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jones8u3t

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“At stake is the reality of a bipartisan SEC,” said the letter. “The incoming Trump administration has signaled they are considering breaking from the tradition that provides for the opposition party to select candidates for the two minority seats.”
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The Senate Banking Committee was expected to decide on the SEC commissioner’s nomination on Dec. 11 before a postponement, leaving many questioning whether lawmakers have enough time to confirm Crenshaw in the current session of Congress.
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In a Dec. 12 letter to the US Senate, more than 40 organizations asked lawmakers to vote yes on Crenshaw’s nomination, which could have her working at the SEC until 2029.
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Consumer advocacy organization Public Citizen and other interest groups are urging lawmakers in the United States to act and confirm Caroline Crenshaw to a second term at the Securities and Exchange Commission (SEC) before the next Congress is sworn in.
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“At stake is the reality of a bipartisan SEC,” said the letter. “The incoming Trump administration has signaled they are considering breaking from the tradition that provides for the opposition party to select candidates for the two minority seats.”
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The Senate Banking Committee was expected to decide on the SEC commissioner’s nomination on Dec. 11 before a postponement, leaving many questioning whether lawmakers have enough time to confirm Crenshaw in the current session of Congress.
0 reply
1 recast
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In a Dec. 12 letter to the US Senate, more than 40 organizations asked lawmakers to vote yes on Crenshaw’s nomination, which could have her working at the SEC until 2029.
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Consumer advocacy organization Public Citizen and other interest groups are urging lawmakers in the United States to act and confirm Caroline Crenshaw to a second term at the Securities and Exchange Commission (SEC) before the next Congress is sworn in.
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“Now Alts is getting slammed while $BTC chops,” the trader said, adding that the funding rate is getting healthier across the board.
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Similarly, Reetika, an anonymous trader, indicated that the current altcoin dump is a delayed reaction to BTC’s leverage flush last week when the altcoin managed to avoid a correction.
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Jacob Canfield, an independent trader, retained an optimistic outlook about the current situation and highlighted that the funding rate for ETH is coming down to “near neutral.”
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Felix Hartman, managing partner at Hartmann Capital, said earlier last week,
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In light of the liquidations, one of the major reasons for the current drawdown is a marketwide funding rate reset for altcoins. Last week, Bitcoin’s flash crash to $90,800 reset its funding rate by 80%, but most altcoins continued to display high funding rates.
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Data from CoinGlass highlighted that Ether’s bearish drawdown was coupled with significant liquidations. Over the past 18 hours, over $44 million in leveraged positions have been liquidated, with $42 million in long positions swept out.
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Alternatively, a break and close below the 20-day EMA will suggest that the bulls are losing their grip. The pair may then slump to $38.
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If sellers sustain the price below $51, the AVAX/USDT pair could drop to the 20-day EMA ($46.18). A strong bounce off the 20-day EMA will signal buying on dips. The bulls will then make one more attempt to push the pair above $56. If they do that, the pair may climb to $60 and subsequently to $65.
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On the downside, sellers will have to sink the price below the 20-day EMA ($1.05) to gain the upper hand. The pair could then plunge to $0.87. Such a deep fall could delay the start of the next leg of the uptrend.
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Buyers will have to drive the ADA/USDT pair above the $1.25 to $1.33 resistance zone to signal the resumption of the uptrend. The pair could surge to $1.64, which is expected to act as a stiff resistance.
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By integrating USDT into its framework, the ADGM could strengthen its position as a financial hub for innovation and support its own economic diversification in the UAE.
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Although stablecoins have integrated with traditional finance through controlled regulatory actions, some regulators have raised concerns about the integration.
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