Former SEC Chairman Gary Gensler Makes New Statements About Bitcoin (BTC) and Cryptocurrencies!
Former SEC Chairman Gary Gensler, who made his name in crypto history with his anti-cryptocurrency stance, spoke about Bitcoin and cryptocurrencies.
Speaking to Bloomberg TV, former SEC Chairman Gary Gensler said that all cryptocurrencies except Bitcoin (BTC) are risky assets.
Despite all the developments, Gensler has remained unchanged in his view, describing all cryptocurrencies except Bitcoin as highly speculative and risky assets.
He noted that although the US and the majority of the world support cryptocurrencies, investors should question the fundamentals and underlying value of assets other than BTC.
“The American public and the global public are fascinated by cryptocurrencies. However, these are highly speculative and volatile assets.
“Here, you have to look at what the fundamentals of other tokens are, what the underlying thing is, with the exception of Bitcoin.”
In response, Gensler added that crypto is not a partisan issue and could ultimately serve to protect the strengths of the U.S. capital markets.
He also noted that finance is inherently prone to centralization and sees the consolidation of a decentralized ecosystem as a natural process.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid's Growing Popularity and Trading Volume: Evaluating Its Potential as a Lasting DeFi Investment
- Hyperliquid dominates 2025 DeFi perpetuals with $2.74T volume, rivaling Coinbase via HyperBFT's 200k TPS and sub-second finality. - Market share dropped from 73% to 38% as competitors like Aster emerged, though Hyperliquid maintains 62-63% Perp DEX open interest. - Governance innovations (HIP-1/3) enable permissionless listings while 93% fee buybacks and $5B TVL boost HYPE token value. - Regulatory risks and $4.9M security loss highlight vulnerabilities despite BlackRock/Stripe partnerships and SEC ETF a
PENGU Token's Latest Price Rally and Technical Evaluation
- PENGU token surged past $0.0100 in late 2025, driven by Bitcoin rebound, whale accumulation, and Pudgy Penguins' project developments. - Technical analysis shows overbought RSI (73.76) and key support/resistance levels at $0.012-$0.0135, signaling potential volatility. - Market psychology blends speculative FOMO with strategic utility growth through "Pudgy Party" and NHL partnerships, though macro risks like Fed policy remain critical. - Analysts caution investors to balance short-term momentum with long
The PENGU USDT Sell Indicator and What It Means for the Stability of Stablecoins
- The 2025 PENGU USDT sell signal exposed algorithmic stablecoins' fragility, triggering systemic risks through reflexivity and eroded trust. - The U.S. GENIUS Act excludes algorithmic stablecoins from regulatory frameworks, pushing them into a legal gray area with limited consumer protections. - Technical flaws like smart contract vulnerabilities and oracle dependencies exacerbate instability, compounding market confidence erosion during crises. - Investors now prioritize fiat-backed stablecoins, CBDCs, a
Bitcoin Experiences Sharp Decline: Essential Information for Investors
- Bitcoin's 2025 slump, driven by U.S. tariffs on Chinese rare earths, Fed rate hikes, and China's crypto ban, triggered a 20% price drop to below $100,000. - The Fed's 75-basis-point hike exacerbated the selloff, with Bitcoin falling 18%—outpacing the S&P 500's 12% decline. - China's 2025 crypto ban erased 5% of Bitcoin's value, reinforcing global crackdowns after its 2021 ban caused a 40% drop. - Analysts note Bitcoin's $83,000–$95,000 trading range reflects a correction within a broader bull cycle, not
Trending news
MoreCrypto prices
More
