Analyzing Bitcoin’s Correlation with Various Asset Types
The financial media often points out Bitcoin’s (BTC) correlation to Big Tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse relationship with the United States dollar. But are these correlations set in stone, and can they help predict future pric ...
SEC Chairman Gensler Says Most Crypto Assets Are Not Securities
Gensler told his students this during a course at MIT The current chairman of the SEC categorized three-quarters of the crypto-asset market as commodities and fiat In 2018, Professor Gary Gensler taught a course for MIT students called "Blockchain and Money". ...
CFTC Chairman Calls for Regulation of Ethereum and Stablecoins as Commodities
Rostin Behnam, the chairman of the US Commodity Futures Trading Commission (CFTC), has expressed his belief that Ethereum and stablecoins should fall under the purview of the agency's regulation, as they can be categorized as commodities. Behnam's comments came during a recent Senate meeting on a ...