Coinedition

Bitcoin witnessed liquidations worth over $84.35 million in the past 24 hours. BTC successfully reclaimed the $72,000 price level and is very close to a new ATH. DOGE skyrocketed 7.47% in the past 24 hours, outperforming Ethereum (ETH).

Trump’s intent to replace SEC Chair Gensler could reshape crypto and financial regulation. Legal uncertainties surround the president’s power to remove SEC commissioners without cause. Fraud in traditional banking raises questions about regulatory priorities in finance sectors.

South Korea’s Virtual Asset Committee will have its first meeting on November 6. The committee will focus on the second phase of the country’s virtual asset legislation. The FSC tasked the committee with addressing corporate virtual asset accounts.

Shiba Inu (SHIB) has reached a lifetime gain of 33,774,726.7%. Lead developer Shytoshi Kusama compares SHIB’s growth with assets like Bitcoin, Tesla, and popular cryptos DOGE, SOL, and BNB. Kusama emphasizes further work to build respect for the Shiba Inu ecosystem.

Crypto industry leaders push for clear regulations ahead of the 2024 U.S. election. Kamala Harris gains strong financial backing from Silicon Valley’s tech and crypto donors. SEC leadership changes expected, with both candidates likely to appoint pro-crypto figures.

BITPoint Japan has listed PEPE on its mainstream platform. The exchange launched a promotion campaign after listing the memecoin. BITPoint users stand a chance to win up to 100,000 yen.