kicked off the day trading just above $112,000, with crossing $4,300. In addition to price action, news on the SEC has triggered discussion on privacy and how it will affect crypto. A change in regulatory tone is taking shape, and markets are now paying attention.
There has been news on chatter around the SEC lately, especially with signs that crypto regulators potentially can ease up on privacy-related issues, something many in the space have been hoping for. With altcoins like rallying, the optimism seems to be spreading for altcoins season.
(source – SOL/USD TradingView)
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The SEC recently announced a roundtable, set for October 17, to focus on privacy tools in the crypto space. Commissioner Hester Peirce is leading the discussion, which will cover things like financial surveillance and zero-knowledge proofs. This move signals a more open approach to crypto which is also big news for anyone watching SEC closely.
(source – SEC)
Some say this could clear the path for long-stalled ETF approvals. Even delays in cases like Bitwise’s Dogecoin fund are now seen as procedural rather than problematic. Others believe the policy shift could bring new capital into the DeFi space.
Meanwhile, OpenAI’s chip development deal with Broadcom gave AI coins like Worldcoin a boost, which saw it jump WLD to more than 100%. But even with that tech buzz, it’s the regulatory updates that are doing most of the heavy lifting this week.
(source – WLD, CoinGecko)
All signs point to a market that’s gaining confidence. SEC crypto news may finally be creating the kind of clarity investors have waited years for. If that continues, don’t be surprised to see Bitcoin make a serious move toward $120,000.
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Read original story Latest Crypto News Today, September 10: SEC Crypto News on Privacy, OpenAI Boosts AI Coins by Akiyama Felix at 99bitcoins.com