"Today, on February 11, 2025, one of the most discussed news stories in the crypt world is #Binance and the U.S. Securities and Exchange Commission (SEC) requesting a 60-day pause in their legal dispute. This request is linked to the establishment of a new SEC task force under President Donald Trump's administration to formulate crypto regulations, which is seen as a potentially positive step toward resolving the case.
President Trump has pledged to develop the U.S. into a global #crypto hub and has nominated crypto-friendly legal expert Paul Atkins as a potential future SEC chairman.
Additionally, firms like BCA Research, which have been bullish on crypto in recent years, are now cautioning that the market may have reached a peak. These developments could significantly impact the crypto #market , and investors should stay vigilant."