Rising Tide

This week, we dive into Bitcoin’s surprising September surge and SEC Chairman Gary Gensler’s labeling of Bitcoin as a commodity, contrasting his regulatory stance with the more crypto-friendly Commissioner Hester Peirce. We also discuss the upcoming $16 billion in FTX repayments and its potential market impact, the growing role of institutional investors through new crypto ETFs, and Vice President Kamala Harris’s recent pro-crypto statements, questioning their sincerity amid ongoing regulatory ambiguity.
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🎨Featured Artwork: Geo-Pop #4
🖼️ Geo-Pop Series: https://manifold.gallery/geo-pop

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DKleine: https://x.com/_DKleine
Eric P. Rhodes: https://x.com/ericprhodes