SEC Chair: "Crypto’s Time Has Come"
The Breakdown
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Market Movements: Gemini's IPO and MicroStrategy's Setback
This chapter examines Gemini's significant financial loss amid an 8% drop in revenue, contrasting it with the optimistic outlook from Nasdaq's investment. It also discusses MicroStrategy's challenges regarding S&P 500 inclusion, reflecting broader market hesitations towards crypto-heavy companies.
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