SEC Stabilization Act Aims To Remove Gary Gensler...

New developments have emerged in the United States regarding the controversial Gary Gensler. US lawmakers, including Rep. Warren Davidson and Rep. Tom Emmer, have introduced a bill called the SEC Stabilization Act in the House of Representatives. The primary objective of this bill is to remove Gary Gensler from his position as SEC Chair.

US Government Being Sued For Allegedly Stealing $100,000,000...

A lawsuit has been filed against the US government, accusing it of seizing over $100 million in cash, gold, and jewelry from citizens in California without providing any explanation.

BlackRock Could Make History If Its Spot Bitcoin ETF Gets Approved...

BlackRock, the largest investment firm in the world, has submitted an application for a Bitcoin Exchange Traded Fund (ETF) in the United States. If approved, it would be the first crypto spot ETF in the country. Other applicants, such as ARK and Grayscale, are still waiting for a response from the U.S SEC.

Hinman Speech Sparks Controversy As Securities Debate Heats Up...

Stuart Alderoty, the Chief Legal Officer for Ripple, has called for an investigation into the actions of former SEC Division Director Bill Hinman, whose infamous speech on cryptocurrency decentralization has been central to the legal battle against the SEC.

INDUSTRY EVENTS

August 15th-16th, 2023.

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TECHNICAL ANALYSIS

Bitcoin (+1.5%) Cautiously Optimistic After Bouncing off 25K Support

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Ethereum (-2%) Hovers on Critical Ascending Support

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CONTENT OF THE WEEK

CRYPTO BULLS GET READY!! This is INSANLEY BULLISH catalyst we've been waiting years for!!

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Bitcoin Is GROWING Fast!! Ethereum Dominance OVER!?

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Is BlackRock's Bitcoin ETF Application A Political Message?

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.