🚀 Trump Considers Blockchain Expert For SEC Chair Role
#Trump #Blockchain #SEC #TeresaGoodyGuillén #Cryptocurrency #RegulatoryReform #SecuritiesLaw #EnforcementActions #ProCryptocurrency #Thanksgiving
According to PANews, U.S. President-elect Donald Trump is contemplating the appointment of blockchain legal expert Teresa Goody Guillén as the new chair of the Securities and Exchange Commission (SEC). Guillén, currently a partner and co-leader of the blockchain team at BakerHostetler law firm, has previous experience working with the SEC and has represented both blockchain companies and traditional businesses in SEC enforcement actions.
Sources indicate that Trump's team is seeking a candidate with a pro-cryptocurrency stance and a non-bureaucratic background to lead the SEC. The aim is to implement a lighter regulatory approach and move away from the "regulation by enforcement" practice. Guillén is recognized in the industry for her strong securities law background and supportive position towards the crypto sector, making her a potential candidate for swiftly reforming the SEC.
The decision on the SEC chair is expected to be finalized before Thanksgiving. Guillén is competing for the position alongside other candidates, including former SEC Commissioner Paul Atkins and Robinhood's Chief Legal Officer Dan Gallagher.#Trump #Blockchain #SEC #TeresaGoodyGuillén #Cryptocurrency #RegulatoryReform #SecuritiesLaw #EnforcementActions #ProCryptocurrency #Thanksgiving
🚀 Bitwise CIO Analyzes Potential Shift in Bitcoin's Four-Year Cycle
#Bitcoin #Cryptocurrency #Investment #MarketTrends #FinancialCompanies #Volatility #Halving #InterestRates #FourYearCycle #ProCryptocurrency #BTC
According to Foresight News, Bitwise Chief Investment Officer Matt Hougan has analyzed the potential breakdown of Bitcoin's traditional four-year cycle and predicted future trends in the cryptocurrency market. Hougan highlighted that the three key factors previously forming the four-year cycle—halving, interest rate cycles, and explosion risk—are diminishing in influence.
He noted that the interest rate cycle is now a positive factor for cryptocurrencies rather than a negative one. The most significant cyclical risk currently is the rise of financial companies, which is noteworthy and significant. Larger forces are moving on a timeline that is out of sync with the previous four-year cycle.
Hougan believes that long-term pro-cryptocurrency forces will overshadow the classic 'four-year cycle' forces, if they exist. He predicts that 2026 will be a favorable year for the market. Hougan expressed confidence in the emergence of significant volatility, resembling a 'sustained steady boom' rather than a supercycle, and overall, he believes the market can maintain its momentum for several more years.#Bitcoin #Cryptocurrency #Investment #MarketTrends #FinancialCompanies #Volatility #Halving #InterestRates #FourYearCycle #ProCryptocurrency #BTC