Bitcoin holds firm as crypto industry pushes back against SEC
Bitcoin’s price action and the evolving U.S. regulatory environment surrounding cryptocurrency were the key topics in a conversation between Scott Melker, host of The Wolf of All Streets, and David Packham, CEO of Chintai.
As bitcoin holds firm above $60,000, both Melker and Packham discussed how external factors like political shifts and SEC policies could shape the market in the coming months.
David Packham noted that market expectations for October often don’t materialize as expected. He explained, “Bitcoin price has been somewhat disappointing compared to expectations,” but he remains optimistic, pointing out that the SEC’s recent admission of regulatory mishandling signals potential for future changes. “We’ve even got on Kamala…