From Cointelegraph

June 09, 2025 6:25 PM:

SEC Chair Paul Atkins criticized the previous administration’s crypto policies at a roundtable event. He advocated for self-custody of crypto assets and flexibility for market participants. The event was organized by the SEC’s crypto task force, focusing on DeFi and American values. SEC Commissioner Caroline Crenshaw emphasized the complexity of crypto regulations.

Under President Trump, the SEC has shifted its approach to digital assets. It dropped enforcement actions against Coinbase and Ripple after years in court. The agency’s leadership panels may face staffing shortages as commissioners resign or terms expire. The Senate Agriculture Committee will consider Brian Quintenz’s nomination as CFTC Chair.

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Bitcoin hits new all-time high of $60,000 as institutional investors continue to show interest in the cryptocurrency. The surge is fueled by Tesla’s $1.5 billion investment in Bitcoin and plans to accept it as payment. Market cap of all cryptocurrencies exceeds $1.8 trillion.

Ethereum also reaches record high of $2,000 as DeFi projects gain popularity. The network’s upgrade to Ethereum 2.0 and increasing adoption of decentralized applications contribute to the price surge. Market analysts predict further growth in the coming months.

Dogecoin sees 800% increase in price following tweets from Elon Musk and other celebrities. The meme-based cryptocurrency gains mainstream attention, with trading volume exceeding $9 billion in 24 hours. Market experts warn of potential volatility and advise caution in investing in such speculative assets.: SEC Chair Paul Atkins Says Self Custody Is A Foundation American Value