Billionaire Mark Cuban says SEC crypto crackdown could cost Biden the election
US presidential candidates are seeking the support of crypto voters as the election approaches. The Biden administration recently made a 180-degree turn on digital assets. This shift in gears appears to have been fueled by Republican candidate Donald Trump's endorsement of digital assets during his campaign. However, billionaire Mark Cuban believes that the Securities and Exchange Commission (SEC) crackdown on the crypto industry could cost US President Joe Biden the election. #BTC
$ETH Ethereum whales signal bull market as holdings drop significantly
Recent data highlights that Ethereum whales have reduced their holdings on major exchanges by roughly 2.4% since May 27th. The move is notable as it often shows a preference for holding assets in private portfolios over trading them on exchanges. Such behavior could reduce selling pressure and potentially lead to price increases, suggesting that these investors are optimistic about Ethereum's future performance.