Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

2025-05-21

Huiscommissie Press JPMorgan Chase, Bank of America to give Major Hong Kong Deal

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin: Beware of ‘speculative’ BTC, SEC’s Gensler warns
Bitcoin

Bitcoin: Beware of ‘speculative’ BTC, SEC’s Gensler warns

2024-03-08No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

In a recent candid conversation with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler revealed his concerns about the volatile nature of cryptocurrencies, especially Bitcoin and Ether.

Making the same comment on this, Gensler emphasizes,

“This is a highly speculative asset class,”

The comment outlined the rollercoaster-like price swings and also shed light on the SEC’s stance in this dynamic landscape.

The looming worries

Amid growing concerns about the reliability of cryptocurrency investments, Gary Gensler’s recent warnings proved to be timely. Later in the conversation, he also highlighted the volatile trajectory of cryptocurrencies, citing Bitcoin’s recent tumultuous journey in particular. [BTC].

Gensler noted:

“You could just look at Bitcoin’s volatility in recent days,”

He also compared Bitcoin’s movements to that of a roller coaster, implying that prices could drop at any time. This outlined the risky nature of cryptocurrency investments, especially for those who prefer stable financial options.

What else is going on?

Gensler’s probing questions regarding the fundamental stability of digital assets further raised pertinent concerns about the robustness of their infrastructure.

“How solid is the foundation for this? You know, you reach the top of that hill. What is the foundation underneath?”

In conclusion, despite repeated questions, especially regarding Ethereum’s legal classification, he said that this depends on:

“The facts and circumstances relating to whether the investing public expects profits from the efforts of others.”

Previous: Tron’s 34 Million USDT Holders – Why They Matter More Than You Think

Next: Pullix (PLX) aims to disrupt the DeFi market with a groundbreaking debut

See also  Bitcoin's transaction costs rises to a YTD height of $ 2.4



Source link

Beware Bitcoin BTC Gensler SECs Speculative warns
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

2025-05-21

Bitcoin’s rally in danger? These signals for the possible correction of BTC

2025-05-20

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

2025-05-20

Digiasia -Shares rises 90% on $ 100 million Bitcoin Treasury Plan

2025-05-20
Add A Comment

Comments are closed.

Top Posts

Uniswap is criticized for high activity in November – Did UNI benefit from this?

2023-11-30

Will Ethereum Reach $3.6K in Q1? – ETH/BTC ratio suggests…

2025-01-10

Koreans to have access to blockchain-powered digital IDs by 2024

2022-10-17
Editors Picks

US Government Launches Manhunt for Man Accused of $150,000,000 Crypto Scam: Report

2024-10-15

This is why the Bitcoin price could reach $100,000 before the end of the year

2024-10-07

Ethereum Price Indicators Show Vulnerability to Larger Correction

2023-05-01

XRP Price Faces Immense Sell Pressure That Could Trigger 20% Decline

2023-08-25
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

Huiscommissie Press JPMorgan Chase, Bank of America to give Major Hong Kong Deal

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$107,443.561.26%
  • ethereumEthereum(ETH)$2,586.270.87%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.38-0.05%
  • binancecoinBNB(BNB)$660.461.34%
  • solanaSolana(SOL)$170.970.84%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2321062.48%
  • cardanoCardano(ADA)$0.762.24%
  • tronTRON(TRX)$0.2709180.03%
  • suiSui(SUI)$3.890.27%
  • chainlinkChainlink(LINK)$16.01-1.42%
  • avalanche-2Avalanche(AVAX)$22.791.21%
  • stellarStellar(XLM)$0.2902941.31%
  • hyperliquidHyperliquid(HYPE)$26.54-0.23%
  • shiba-inuShiba Inu(SHIB)$0.0000150.71%
  • hedera-hashgraphHedera(HBAR)$0.1967340.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.22%
  • bitcoin-cashBitcoin Cash(BCH)$398.831.00%
  • the-open-networkToncoin(TON)$3.080.72%
  • polkadotPolkadot(DOT)$4.751.95%
  • litecoinLitecoin(LTC)$95.61-2.36%
  • moneroMonero(XMR)$362.494.03%
  • bitget-tokenBitget Token(BGB)$5.200.00%
  • piPi(PI)$0.8211.59%
  • pepePepe(PEPE)$0.0000143.57%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.385.03%
  • aaveAave(AAVE)$258.79-3.43%
  • bittensorBittensor(TAO)$423.010.48%
  • nearNEAR Protocol(NEAR)$2.840.32%
  • aptosAptos(APT)$5.240.03%
  • okbOKB(OKB)$52.560.21%
  • ondo-financeOndo(ONDO)$0.961.04%
  • kaspaKaspa(KAS)$0.1119961.71%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4211.55%
  • internet-computerInternet Computer(ICP)$5.371.00%
  • ethereum-classicEthereum Classic(ETC)$18.690.03%
  • gatechain-tokenGateToken(GT)$21.690.42%
  • crypto-com-chainCronos(CRO)$0.0973410.13%
  • mantleMantle(MNT)$0.751.17%
  • vechainVeChain(VET)$0.0288891.52%
  • render-tokenRender(RENDER)$4.741.00%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233779-0.67%
  • ethenaEthena(ENA)$0.3942012.76%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • arbitrumArbitrum(ARB)$0.4045881.61%
  • algorandAlgorand(ALGO)$0.2275850.85%
  • cosmosCosmos(ATOM)$4.982.84%
  • bitcoinBitcoin(BTC)$107,443.561.26%
  • ethereumEthereum(ETH)$2,586.270.87%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.38-0.05%
  • binancecoinBNB(BNB)$660.461.34%
  • solanaSolana(SOL)$170.970.84%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2321062.48%
  • cardanoCardano(ADA)$0.762.24%
  • tronTRON(TRX)$0.2709180.03%
  • suiSui(SUI)$3.890.27%
  • chainlinkChainlink(LINK)$16.01-1.42%
  • avalanche-2Avalanche(AVAX)$22.791.21%
  • stellarStellar(XLM)$0.2902941.31%
  • hyperliquidHyperliquid(HYPE)$26.54-0.23%
  • shiba-inuShiba Inu(SHIB)$0.0000150.71%
  • hedera-hashgraphHedera(HBAR)$0.1967340.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.22%
  • bitcoin-cashBitcoin Cash(BCH)$398.831.00%
  • the-open-networkToncoin(TON)$3.080.72%
  • polkadotPolkadot(DOT)$4.751.95%
  • litecoinLitecoin(LTC)$95.61-2.36%
  • moneroMonero(XMR)$362.494.03%
  • bitget-tokenBitget Token(BGB)$5.200.00%
  • piPi(PI)$0.8211.59%
  • pepePepe(PEPE)$0.0000143.57%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.385.03%
  • aaveAave(AAVE)$258.79-3.43%
  • bittensorBittensor(TAO)$423.010.48%
  • nearNEAR Protocol(NEAR)$2.840.32%
  • aptosAptos(APT)$5.240.03%
  • okbOKB(OKB)$52.560.21%
  • ondo-financeOndo(ONDO)$0.961.04%
  • kaspaKaspa(KAS)$0.1119961.71%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.4211.55%
  • internet-computerInternet Computer(ICP)$5.371.00%
  • ethereum-classicEthereum Classic(ETC)$18.690.03%
  • gatechain-tokenGateToken(GT)$21.690.42%
  • crypto-com-chainCronos(CRO)$0.0973410.13%
  • mantleMantle(MNT)$0.751.17%
  • vechainVeChain(VET)$0.0288891.52%
  • render-tokenRender(RENDER)$4.741.00%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233779-0.67%
  • ethenaEthena(ENA)$0.3942012.76%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • arbitrumArbitrum(ARB)$0.4045881.61%
  • algorandAlgorand(ALGO)$0.2275850.85%
  • cosmosCosmos(ATOM)$4.982.84%