Paul Atkins expected to spearhead SEC pro-crypto shift Paul Atkins, a pro-crypto regulator, is the top SEC contender, suggesting a Trump crypto policy flip. Veteran regulator and pro-crypto enthusiast Paul Atkins is apparently a top candidate to run the SEC under President-elect Donald Trump. Trump campaign sources said Atkins, a former Republican SEC commissioner under George W. Bush, has been interviewed for the role. As the Trump administration indicates crypto-friendly regulation, this development occurs. SEC Chairman Gary Gensler, who will resign in January, was criticized for his aggressive cryptocurrency regulation. After the FTX exchange crash, digital assets were closely scrutinized throughout his term. Many in the business saw his enforcement-heavy stance as confusing and anti-innovation. Atkins' balanced regulatory perspective might change the SEC's approach. Atkins founded Patomak Global Partners, a financial consulting business, and worked with former SEC Chairs Richard C. Breeden and Arthur Levitt. This experience has given him a thorough understanding of agency operations and policymaking. Under Trump, Atkins is likely to foster cryptocurrency development while overseeing conventional markets. Trump has committed to hire crypto-friendly regulators and create a strategic Bitcoin reserve, which Atkins supports. The SEC leadership shift might be crucial for the crypto sector. Crypto companies and investors may gain confidence if Gensler shifts from enforcement to innovation. Atkins may promote digital asset innovation, clarify regulations, and fight fraud and insider trading. Fox journalist Eleanor Terret noted Atkins' vast knowledge of the SEC's management of the $100 trillion securities industry. This makes him a good fit for both the conventional banking industry and the fast-changing digital economy. Most of Trump's cabinet appointments have been revealed, but the SEC nomination is coming shortly. #Trump #SEC #BTCWatchZone $BTC $ETH {spot}(ETHUSDT) {spot}(BTCUSDT)

Golden Finance reported on site that at the Token2049 conference held on September 19th, Kyle Samani, co-founder of Multicoin Capital, gave a keynote speech titled 'Why SOL Will Flip ETH', stating that the market value of SOL will surpass ETH in the future. The reason he gave is, 1. The Rollup-centric expansion path of ETH network makes it unable to capture value, for example, nearly 80% of transactions have been transferred to L2, which is constantly issuing tokens and cannot be aligned with ETH network L1 mainnet; 2. Ethereum is facing an identity crisis and challenges; whereas Solana has a vision of becoming the decentralized NASDAQ, and has some structural advantages over Ethereum (such as token expansion, Firedancer client, hardware expansion). Solana is now competitive with Ethereum in major on-chain indicators (DEX volume, MEV, stablecoin), and SOL/ETH has been on the rise.

According to official news, the full protocol of Chainflip Labs has been released, and users can exchange native BTC, ETH, and DOT at competitive exchange rates on the chain without being limited by the cap on the number of exchangeable assets. In addition, Chainflip Labs has launched a FLIP buy-and-burn mechanism, where a 0.1% fee is deducted for each swap made through the protocol, which is used to buy and burn FLIP tokens. In the future, Chainflip will further roll out new features to improve exchange rates, including a detailed proxy information panel, as well as the integration of new assets and chains.

According to official sources, the decentralized cross-chain trading protocol THORSwap announced the integration with the cross-chain trading platform Chainflip. Users can access native Bitcoin, Ethereum, USDC (ERC20), and FLIP (ERC20) through the new liquidity pathway.

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DOGEE fiasco: Chainlink's 34% gain kicked DOGEE out of the top 10 list After Chainlink's impressive gain of over 34% over the past week, LINK has knocked DOGEC (DOGEE) off the top 10 Crypto Assets charts by Market Cap. LINK achieved a significant milestone, breaking above the $18 level earlier in the recent rebound, but as it continued to rise sharply by 8%, the token soared to the $19.5 mark for the first time since early 2022. According to on-chain data, if Chainlink continues to soar, the Crypto Assets will retest the $20 level, which could be a major source of resistance. LINK has surged more than 38% in the last 30 days, meaning it has significantly outperformed the broader sector. In the case of Bitcoin, it was not even possible to get a positive return during this period because the price of the original Crypto Assets fell by almost 2%. As a result of this strong rebound, Chainlink has changed its position in the broader industry. Specifically, the Token has shaken up the Market Cap list. After the rally, LINK has improved its Market Cap ranking, and according to this indicator, it is now the 10th largest Crypto Assets in the sector. DOGE OCCUPIED THIS POSITION EARLIER AND HAS NOW FALLEN TO 11TH PLACE. Although Chainlink has now outperformed DOGE on this metric, the gap between the two assets is still not large. This means that the two currencies are likely to continue to flip against each other in the coming days, unless one of them behaves differently. SINCE LINK HAS SURGED SIGNIFICANTLY TO THIS LEVEL, THE ASSET'S SITUATION COULD BE FAVORABLE, ESPECIALLY GIVEN THAT DOGE HAS RETURNED QUITE WELL OVER THE PAST WEEK. Recently, the overall situation of the meme coin has also been a bit bad, and its price has been moving sideways for the past month. UNLESS THINGS CHANGE RAPIDLY FOR DOGE, IT MAY CONTINUE TO DROP OUT OF THE TOP 10 LIST. Of course, this is just assuming that Chainlink itself won't fall off anytime soon. (Source: Keshav Verma)

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