Regardless of the BTC’s growing adoption and utility, the former U.S. president insisted that he has and will always like one currency: the United States dollar (USD).
The crypto essayist calls Cardano a “wannabe Ethereum” that will likely fade into irrelevance.
Michael Saylor also mentioned plans for rebranding, which will involve MicroStrategy transitioning into a Bitcoin development company.
Ark insisted that bitcoin has become an independent asset class worthy of a “strategic allocation in institutional portfolios.
The exchange has also dropped plans to reboot the exchange given the tattered business that Sam Bankman-Fried left behind.
The co-founder of bankrupt hedge fund 3AC served a 3-month prison sentence during the investigation.
Gensler’s crypto criticisms have grown sharper since approving Bitcoin ETFs for public trading on Wednesday.
A U.S. Court has ruled mostly in favour of the SEC in its case against the bankrupt crypto platform.