Mark Uyeda has taken over as Acting Chair of the SEC following Gary Gensler’s resignation, signaling a potential shift in the agency's stance toward crypto. A known advocate for easing crypto regulations, Uyeda will lead the SEC until the Senate confirms Trump’s nominee, Paul Atkins.
Market in Turmoil as BTC Falls to $102K Amid Presidential Inauguration
Bitcoin tumbled to $102,000 following President Trump’s ceremony, with its lack of crypto mentions triggering market-wide volatility. BTC dropped sharply from its $106,000 high to $100,000 before recovering slightly, while altcoins like XRP, SOL, and ADA saw steeper losses of up to 10%. Meme coins were hit hardest, with FARTCOIN and TRUMP falli...