Here is what happened yesterday in the crypto market:
Future U.S. Crypto Enforcement Looks Different
The SEC plans to continue enforcing regulations but will shift focus under new leadership, emphasizing a changed landscape for the crypto industry.
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Market Faces Uncertainty as Risk-Off Sentiment Prevails
On February 26, the crypto market’s struggle continues after a turbulent session marked by capitulation signals, particularly with Bitcoin, calling for cautious trading strategies.
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SEC Investigation into Uniswap Dropped, A Win for DeFi
In a significant turn of events, the SEC has dropped its investigation into Uniswap Labs, marking a notable victory for decentralized finance (DeFi) advocates.
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U.S. Legislation on Stablecoins Gains Momentum
Bank of America hints at launching a dollar-backed stablecoin as proposed legislation aims to clarify the regulatory landscape for stablecoins, signaling growing institutional interest.
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Bitcoin’s Fresh Bottom Signals Potential Short-Term Gains
After a sharp downturn, analysts suggest that on-chain metrics indicate that Bitcoin may be at a bottom, with signs of seller exhaustion and potential recovery opportunities in sight.
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