Weekly Roundup 09/26/24 (Chokepoint 2.0 updates, Gensler’s House hearing, Ellison sentenced) (EP.564)
Bullish:
- $CRYPTO - A Republican Senate majority is viewed as positive for cryptocurrency regulation, potentially creating a more favorable environment for the crypto market.
- $IBIT - The SEC's approval of options trading for BlackRock's Bitcoin ETF (IBIT) is seen as a positive development for the ETF and potentially the broader crypto market.
Bearish:
- $SUPPLY - Potential port strikes on the East Coast and Gulf Coast could disrupt supply chains, with union workers demanding significant pay increases.