“Since the circulating supply is very small, it is technically possible to create a short squeeze, although the impact in the overall market could be very limited and hard to sustain over a longer period of time,” Samir Kerbage, crypto asset manager Hashdex’s chief product and technology officer, told CoinDesk.
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Earlier Friday, Sen. Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, said the guidance creates...