Hester Peirce, known as “Crypto Mom” at the SEC, joked about her future at a Coin Center event. She discussed NFTs and her plans post-SEC, including beekeeping. Peirce has backed crypto-friendly policies and launched a crypto task force after former Chair Gensler’s departure. The SEC’s approach to digital assets has shifted since January, favoring regulatory clarity. A market structure bill in the Senate aims to provide further clarity on digital assets.
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1. Ethereum hits new all-time high of $3,000 as demand for the cryptocurrency continues to surge. The blockchain platform has seen a 325% increase in price over the past year, making it one of the top-performing digital assets in the market.
2. Bitcoin mining difficulty drops by 12.6% in the largest downward adjustment since 2011. This adjustment comes as China continues its crackdown on cryptocurrency mining, leading to a significant decrease in the network’s computational power.
3. NFT sales surpass $2 billion in the first quarter of 2021, with the art sector dominating the market. The growing popularity of non-fungible tokens has attracted artists, musicians, and celebrities to explore this new digital asset class.: SEC’s Hester Peirce Jokes About her ’Crypto Mom’ NFT Plan
