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According to Garlinghouse, the SEC is making a mistake trying to label Ethereum (ETH) as a security, just like they did with Ripple's XRP token.
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Wednesday and moves away from the weekly low touched the previous day.
The EUR/USD spent most of Tuesday cycling familiar territory, with the pair churning chart paper just north of 1.0900.
This surge in Bitcoin's value set a new record and ignited a ripple effect across the entire crypto landscape.
The EUR/USD pair continues with its struggle to gain any meaningful traction on Wednesday and oscillates in a narrow trading band below the 100-hour Simple Moving Average (SMA) during the Asian session.