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Sen. Warren goes after Ethereum network fees in committee hearing

In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities and Exchange Commission chair Gary Gensler, Warren claimed the crypto industry had fallen short on providing solutions for financial inclusion in the United States. She mentioned the price drops among cryptocurrencies, including Bitcoin (BTC) and Ether (ETH) last week, saying “$400 billion in market value disappeared” while many users reported problems accessing major exchanges like Coinbase (NASDAQ:COIN).

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Source: Cryptocurrency - investing.com

Millionaire taxes would increase 11% in 2023 under House Democrat plan

​​Governance proposals and layer-two launches provide a boost to altcoins