San (shamzy8)

Again

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Tether and Circle Revenue Impact: Research indicates that each 50 basis point cut by the Federal Reserve could lead to a significant revenue drop for stablecoin issuers. Tether might lose $488 million in annual revenue, while Circle could see a reduction of $144 million.

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SEC Enforcement Actions: SEC Chairman Gary Gensler revealed that the commission levied $4.9 billion in fines and disgorgements in 2023, initiating 784 enforcement actions. This was shared during a congressional testimony to highlight the SEC's recent efforts.

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Bitcoin Mining Difficulty: Bitcoin's mining difficulty has decreased by 4.6% to 88.4 T as of September 26, 2024, reflecting changes in network computing power. This adjustment occurred at block height 862,848.

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