In crypto news, today a report revealed a dramatic drop in enforcement action under the newly appointed leadership of the US Securities and Exchange Commission. Analysts disagree on the end of the Bitcoin bull-cycle, but Nvidia’s impressive earnings have temporarily lifted major cryptos and tech stocks.
SEC’s enforcement actions are dominated by Chair Atkins, according to a new report
Since Paul Atkins was appointed chair of the US SEC, enforcement actions fell by approximately 30% during fiscal year 2025. new report from Cornerstone Research.
A broad decrease in enforcement activities was “consistent with the general pattern for other fiscal years when the SEC administration changed,” The report was noted.
The number of regulatory actions against crypto companies has also decreased. After Gary Gensler’s departure, the SEC dropped several lawsuits and investigations. The report specifically highlighted the agency’s case against CoinbaseIt was dismissed by the court in February.
“Chair Atkins has signaled that a ‘top priority’ of his administration will be ‘to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach,'” According to the report,
Bitcoin hits “most bearish” Are we at the end of bull cycles?
Bitcoin entering bearish territory Data from the analytics platform CryptoQuant shows that institutional demand has dried up, and other key indicators of market activity point towards a decline.
BitcoinBTCThe current market situation has changed the “most bearish” CryptoQuant, in its most recent crypto-weekly report that was shared with Cointelegraph and CryptoQuant, stated in the latest CryptoQuant weekly report that this bull cycle started in January of 2023.
CryptoQuant’s Bull Score Index has declined to extreme bearish levels of 20/100, while the BTC price has fallen far below the 365-day moving average of $102,000 — a key technical level and the final bearish signal The bear market will begin in 2022.
Bitcoin Treasury firms, such as Bittrex and others have reduced their purchases of Bitcoins. Michael Saylor’s StrategyThe limited flow of money into exchange-traded funds (ETFs).
Then, there is Strategy’s latest purchase of 8,178 BTC ($835 million) — its largest acquisition since July 2025 — the buy remains significantly smaller than many of its previous major purchases, CryptoQuant’s head of research Julio Moreno noted in an X post on Wednesday.
Bitcoin ETFs also face pressure from a decline in corporate purchasing, with an overall decrease of year-todate flows dropping to $27.4 billion — 52% below last year’s total of $41.7 billionAccording to CoinShares data,.
Nvidia’s explosive Q3 results lift tech and crypto stocks
Nvidia posted record third-quarter earnings On Wednesday, the crypto- and tech-stocks rose in trading after hours, as they beat Wall Street’s expectations and allayed fears about an AI bubble.
Chip maker announced record revenues for Q3, up by 62% on last year, and profits of $31.9 billion. These figures exceeded analyst estimates and stopped the slide in stocks that had been occurring for several weeks over fears of an AI Bubble.
Nvidia NVDA jumped 5% in after hours to $196. After closing Wednesday’s trading session up 2.85%. Stocks of crypto-related companies saw a slight boost as well. Coinbase (COIN), Strategy Group (MSTR), and Circle Internet Group CRCL all experienced a small bump after closing the session lower.
After Nvidia announced its earnings, Bitcoin (BTC) climbed from $89,000 to almost $93,000 in early Thursday trading. This is a significant increase from the previous low of $88,000. It was reached on Wednesday, for the first since April.
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Source: cointelegraph.com
