Why You MUST Own At least 0.1 Bitcoin in 2024 – Raoul Pal 2024 Prediction
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In this video, we’ll dive deep into the latest news in Bitcoin, dollarization, and investments.
Bitcoin Gains Ground with SEC and Gensler’s Nod, In a congressional hearing, SEC Chair Gary Gensler clarified that Bitcoin is not considered a security under U.S. law. However, he refrained from labeling it a commodity, stirring the regulatory waters further.
SEC’s Ongoing Crypto Crackdown, The SEC continues its stringent stance on the crypto industry, even as legal disputes like the Ripple XRP case questioned its categorization of cryptocurrencies as securities. Gensler’s unyielding position has drawn criticism but remains unchanged.
Uncertainty and Clarity Sought, Crypto’s regulatory landscape remains uncertain. Representative Ritchie Torres highlighted the complexities of defining tokens like Pokémon cards on a blockchain, reflecting the broader confusion about SEC’s crypto regulations.
Ethereum ETF Decisions Postponed, The SEC delays decisions on Ethereum ETF proposals, pushing the verdicts on Ark Invest, 21Shares, and VanEck proposals to December. This follows a previous delay in deciding on a spot Bitcoin ETF.
Now, let’s continue our enlightening discussion with Raoul Pal.
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#Crypto #Bitcoin #Cryptocurrency