The SEC aimed to assert its regulatory authority over the cryptocurrency market. β The majority of viewpoints suggest that the SEC is attempting to exert more control over the crypto market, especially based on their criticism towards Coinbase's multi-role operations.
Probably not β Despite some comments expressing desire or relief towards Gary Gensler's resignation, skepticism and doubts about his resignation are more prevalent. A substantial number of people believe that the news might be fake or mere speculation. Furthermore, direct evidence in the form of a tweet by Charles Gasparino, confirming Gensler is not resigning, was mentioned.