Further, in a novel interpretation that has ruffled some feathers, the SEC said thus far the “major questions” doctrine has only applied to strike down “novel regulatory forays,” and most significantly, novel regulatory forays into areas of major “economic and political significance.” Coinbase, the SEC said, “does not have the vast economic or political significance.”
Bitcoin (BTC) Price Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of which are down significantly...