Gurbir Grewal, the director of the Division of Enforcement at the SEC, has pushed back against criticism that the regulator is making up rules on crypto as it goes along.
Bitcoin hasn’t dipped below $50,000 since late February, and it appears unlikely to return to that level soon, according to crypto analyst Dylan LeClair.
The agency highlighted that crypto assets in virtual environments like Decentraland and The Sandbox can be exchanged for fiat currency on other cryptocurrency platforms.
In an email screenshot shared by ZachXBT, an IRS criminal investigations agent asked if he could help him make the “biggest impact” in tackling blockchain crime.
Earnings season is poking its head around the corner for 2024 as markets (^DJI, ^IXIC, ^GSPC) spring into the second quarter. Interactive Brokers Chief Strategist Steve Sosnick sits down with Market Domination to outline what could drive stocks as companies report their latest round of earnings results. "My concern going forward is that... are we able to beat the raised bar that we've set for ourselves?" Sosnick tells Yahoo Finance. "Some companies have been able to do it. You look at a Nvidia, which is remarkably good at beating and raising, and then beating again. Most companies can't do that." Sosnick also weighs in on oil prices (CL=F, BZ=F) and their influence on energy markets and the Federal Reserve's perspective on inflation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.