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Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

The Wolf Of All Streets

00:00

The SEC's Frontal Assault on Cryptocurrency

The SEC has put on its full frontal assault against altcoins and clearly the SEC doesn't want to say industry to exist. The question is will it still exist right there's someone was talking about Nigeria earlier because Nigeria has been pretty anti crypto for a long time central bank has banned crypto I think of 2021 although it's very unevenly enforced. If you look at on chain addresses or sorry daily active addresses the other active addresses are pretty close to an all-time high people are using this stuff and they're using it for different things.

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