Pump.fun, Bitcoin and Sui trend amid crypto market meltdown and SEC Chaircomments

  • Pump.fun, Bitcoin and Sui lead the decline among cryptos on Friday, market cap shrinks to $3.84 trillion. 
  • SEC Chair Paul Atkins said that the commission could usher in a “golden age” for crypto, the north star of the Trump administration. 
  • Total value of crypto assets locked in DeFi reaches pre-FTX exchange collapse level, driving the narrative of “DeFi summer.”

Paul Atkins, Chair of the Securities & Exchange Commission (SEC), shared a bullish outlook for crypto regulation in the US in a recent speech. Chair Atkins said the changes within the commission’s approach to crypto firms could usher in the “golden age” for crypto during the Trump administration. 

Pump.fun, Bitcoin and Sui prices are down…

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