MAROKO133 Eksklusif crypto: CFTC Taps Crypto Experts as Advisors, Key Seats Still Vacant T

📌 MAROKO133 Hot crypto: CFTC Taps Crypto Experts as Advisors, Key Seats Still Vaca

The Commodity Futures Trading Commission (CFTC) announced on September 19 that it has added several new members to its Global Markets Advisory Committee (GMAC) and subcommittees, aiming to strengthen oversight of digital assets.

The move highlights the agency’s efforts to keep up with the fast-evolving digital asset market. Only one active commissioner, Caroline Pham, serves as acting chair.

CFTC Brings in Crypto Experts from Uniswap, Chainlink and Others

The Digital Asset Markets Subcommittee (DAMS), focused on digital asset regulation and market policy, appointed four key industry figures: Katherine Minarik (Uniswap Labs), Avery Ching (Aptos Labs), James J. Hill (BNY Mellon), and Ben Sherwin (Chainlink Labs).

Scott Lucas of JPMorgan and Sandy Kaul of Franklin Templeton were appointed as co-chairs. Their guidance is expected to bridge traditional and decentralized finance while tackling risk and policy challenges.

Scott Lucas, co-chair of DAMS, said, “We look forward to collaborating with the Commission and industry partners to ensure a balanced, clear framework for digital assets.”

Sandy Kaul stressed the importance of advancing innovation while protecting investors.

Pham highlighted the committee’s impact, stating, “The GMAC continues to provide invaluable expertise that has not only shaped policy decisions at the CFTC, but has also added important context to global discussions about emerging trends in market structure and the regulatory treatment of digital assets.”

Busy CFTC Faces Challenges, But Acting Leadership Continues

Despite the expanded team, prolonged leadership vacancies remain a challenge, with four of the five CFTC commissioner seats still unfilled. Acting Chair Pham remains the sole leader, and some market participants have questioned the agency’s past ability to implement initiatives like the “crypto sprint” program and approve spot crypto trading on registered futures exchanges.

Legislation such as the Financial Innovation and Technology for the 21st Century Act seeks to broaden the CFTC’s authority over spot and derivatives markets. Experts say a confirmed chair is crucial to handle this expansion and meet growing regulatory demands.

The prolonged chair vacancy has been partly due to opposition from industry figures, including the Winklevoss twins. These known supporters of former President Trump stalled nominee confirmations.

Regardless, the new appointments demonstrate the CFTC’s commitment to engaging with the crypto sector. Once a permanent chair takes the position, the agency will provide timely guidance and accelerate standardized digital asset market development in the U.S.

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📌 MAROKO133 Update crypto: Trust Wallet Token’s Rally Hits a Wall: Profit-Taking J

Trust Wallet Token (TWT) surged to $1.33 before correcting and is now trading near $1.10. It is still up 37% in the last 24 hours. The TWT price rally was widely tied to a fresh tweet from Binance founder CZ, but the real driver wasn’t just social hype.

Technicals show the breakout was primed in advance. Once targets were met, traders quickly booked profits. Now, the signs point to cooling momentum and rising selling pressure.

A Breakout Target Met, Followed by Heavy Profit-Taking

On the 2-day chart, the TWT price had been forming an inverse head-and-shoulders pattern. It is a classic setup that often signals a reversal, and that too with an immediate price target.

The breakout was already in play before CZ’s quote re-tweet. The tweet simply accelerated the move and sent prices straight into the pattern’s projected target. Once that target was hit above $1.17 (the original target), smart traders supposedly began cashing out.

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The result was a sharp wave of profit-taking. Exchange net flows flipped from –177,980 TWT on September 17 to +2.84 million just two days later — a 1,600% jump in tokens flowing onto exchanges. Such a surge signals that holders rushed to lock in gains, creating heavy near-term sell pressure.

Normally, whale accumulation often offsets retail selling. But in this case, the opposite has played out. Wallets holding 10 million–100 million TWT have been trimming steadily since early September, cutting their stash from 248.9 million to 241.4 million. That’s a dump of almost $8.23 million at current prices.

These whales even booked profits with another sell-burst happening over the past 24 hours.

That drop shows large holders have been reducing exposure even before retail joined in and are now booking profits too. This leaves little support to absorb the new selling pressure.

Bearish Divergence Keeps the TWT Price Correction Risks High

Despite the short-term excitement, long-term signals remain cautious. Since December 2024, TWT’s price has made lower highs while the Relative Strength Index (RSI) has made higher highs — a hidden bearish divergence. RSI is a momentum indicator that tracks whether buying or selling pressure is stronger.

This suggests that momentum has not been enough to push prices into a true reversal, keeping the broader downtrend intact.

The price chart highlights the risk zones. Support sits at $1.00, followed by $0.84 and $0.71. A break under $0.71 could expose TWT to deeper losses toward $0.63. On the upside, only a daily close above $1.42 — and ideally $1.63 — would invalidate the bearish setup and get the market to put its trust back on the TWT price rally.

For now, the Trust Wallet Token (TWT) price rally looks like a move that met its target and sparked sharp profit-taking, not the start of a sustainable uptrend. Holding above $1.00 will be key to avoiding a deeper correction.

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