It was another day of volatility in crypto, and traders, analysts, and market commentators began to sound alike, saying that this bull cycle no longer resembles bulls of the past. But why? After we look at that, it’s on to some major US political moves that will affect crypto, from SEC “relief” to crypto regulation proposals from lawmakers. Finally, we’ll look at ZachXBT's latest investigation that suggests Coinbase users are being scammed out of $300 million per year!
Further reading:
- ‘Atypical’ Bitcoin bull market can extend beyond March 2025 — Research
- Crypto market has become ‘very confusing,’ losing all logic — Traders
- SEC is evaluating ‘retroactive relief’ for past coin offerings
- US lawmakers will propose crypto regulation by Nov — Anthony Scaramucci
- Coinbase accused of neglecting security, costing users up to $300M annually