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NFPrompt Suffers Hack, FBI Investigates and Funds Frozen
According to Foresight News, NFPrompt has disclosed an attack on its X platform, with hackers infiltrating some wallets, including the NFP contract manager's wallet, and illegally controlling some NFP treasury and ecosystem funds. The team has stated:

1. They have transferred all ownership of NFP's smart contracts to a new address, effectively cutting off the attack vector. Users' NFP and assets on the platform are safe;

2. The Federal Bureau of Investigation (FBI) has intervened in the investigation, and officials have called for major CEXs to freeze any funds related to the hackers. Before further notice on this incident, please do not accept NFP from untrusted sources, as NFP tokens related to the hackers will be marked and confiscated;

3. The team has requested its partner CEX to suspend deposits during the investigation. Similarly, they urge DEX to temporarily stop all liquidity pool activities involving NFP tokens as a precautionary measure;

4. Additionally, the team is collaborating with Web3 security company SlowMist and Chainalysis to monitor the hackers' on-chain activities.
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read it. halving time 🔔
read it. halving time 🔔
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At the current block mining time $BTC halving will happen in 52 days or on April 22, 2024. Since the beginning of the current #halving period, the price grew 580% whilst during past halvings it grew for at least 1240%.

If the #Bitcoin price grows as much as it did during the past halvings, one BTC would be worth at least $115,000 in April.

#btchalving #bitcoinhalving #halvingcountdown #cryptoanalytics
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🚨 **BREAKING NEWS:** 🚨 🇳🇬 **Nigeria Takes a Bold Stand!** 🇳🇬 In a monumental move, Nigeria has tightened its grip on the cryptocurrency landscape, **blocking access** to major exchanges such as **Binance, Kraken, Coinbase, and Others**. This seismic decision sends shockwaves through the global crypto community, sparking intense debate and speculation. 🔒 **Locked Gates, New Frontiers:** With access restricted, the Nigerian crypto ecosystem faces a crossroads. But where some see barriers, others see opportunities. This unprecedented development ignites innovation and paves the way for new, resilient platforms to emerge. 💡 **Redefining the Future:** Nigeria's stance reshapes the narrative of cryptocurrency adoption, prompting reflection on regulations, decentralization, and the evolving dynamics of digital finance worldwide. Stay tuned as the world watches closely, witnessing history unfold in real-time. The future of crypto has never been more intriguing, more uncertain, or more ripe with potential. #Write2Earn #Regulation #BREAKING #CryptoBan #CryptoNews 🌐🔥 $BTC $ETH $BNB
🚨 **BREAKING NEWS:** 🚨

🇳🇬 **Nigeria Takes a Bold Stand!** 🇳🇬

In a monumental move, Nigeria has tightened its grip on the cryptocurrency landscape, **blocking access** to major exchanges such as **Binance, Kraken, Coinbase, and Others**. This seismic decision sends shockwaves through the global crypto community, sparking intense debate and speculation.

🔒 **Locked Gates, New Frontiers:** With access restricted, the Nigerian crypto ecosystem faces a crossroads. But where some see barriers, others see opportunities. This unprecedented development ignites innovation and paves the way for new, resilient platforms to emerge.

💡 **Redefining the Future:** Nigeria's stance reshapes the narrative of cryptocurrency adoption, prompting reflection on regulations, decentralization, and the evolving dynamics of digital finance worldwide.

Stay tuned as the world watches closely, witnessing history unfold in real-time. The future of crypto has never been more intriguing, more uncertain, or more ripe with potential. #Write2Earn #Regulation #BREAKING #CryptoBan #CryptoNews 🌐🔥

$BTC $ETH $BNB
SafeOne Chain: Pioneering Security and Innovation in the Crypto SpaceIn a rapidly evolving crypto landscape marred by scams and uncertainties, SafeOne Chain emerges as a beacon of trust and innovation. With a relentless focus on security, transparency, and technological advancement, SafeOne Chain aims to revolutionize the way we perceive and interact with blockchain technology. Let's delve into the comprehensive ecosystem of SafeOne Chain, encompassing key technologies and groundbreaking solutions:1. SafeOne Private PoS BlockchainSafeOne Chain introduces a state-of-the-art Private Proof-of-Stake (PoS) Blockchain, setting new standards for security and reliability. This dual-state blockchain system features a rigorous vetting process for project onboarding, ensuring that only credible and trustworthy projects gain access to the platform. Leveraging innovative consensus mechanisms and tokenized insurance for risk claims, SafeOne Chain provides a secure environment for deploying contracts and software applications.2. SafeOne StakingSafeOne Staking offers a streamlined staking experience, allowing users to lock up their tokens and participate in network activities while earning rewards. Through standardized staking pools, SafeOne Chain incentivizes community participation and collaboration with valuable crypto projects. By staking their tokens, users contribute to the network's security and consensus mechanism, fostering a decentralized and resilient ecosystem.3. SafeOne HarvestHubSafo's "HarvesHub" introduce a novel approach to yield farming, diverging from traditional DEX-based transactions. In this framework, tokens are acquired directly from the SafeOne team via an over-the-counter (OTC) trade, providing investors with a secure and efficient way to contribute liquidity. Automated smart contracts manage all operations, ensuring transparency and fairness throughout the process. HarvestHub offer investors an opportunity to earn rewards while mitigating risks associated with impermanent loss and rug pulls.4. SafeOne ISPOSafeOne's Initial Staking Pool Offering (ISPO) provides a secure fundraising mechanism for blockchain projects, allowing users to stake their tokens in exchange for rewards and a chance to participate in the project's initial token sale. This innovative approach incentivizes community participation and engagement, fostering a sense of ownership and collaboration among stakeholders. By combining elements of staking and fundraising, SafeOne ISPO empowers projects to distribute their tokens while building a loyal and supportive community.5. SafeBurst: SafeOne's Web2 Marketing ToolSafeBurst is SafeOne Chain's proprietary email burst app, designed for powerful email newsletters. This innovative marketing tool enables projects to reach their audience effectively, driving engagement and awareness. SafeBurst empowers projects to create compelling newsletters and promotional campaigns, enhancing their visibility and impact in the crypto space.6. SafeOne Trading SafeOne is at the forefront of AI-driven trading technology, leveraging advanced algorithms to optimize trading strategies and maximize profits. By analyzing real-time market data, monitoring news and social media sentiment, and executing safe trades across decentralized and centralized exchanges, SafeOne AI Trading promises unparalleled efficiency and effectiveness. This next-generation trading system represents the future of automated trading, empowering investors with powerful tools for wealth generation and risk management.7. SafeOne Rugsafe Launchpad "TrustedLaunch"SafeOne Launchpad redefines the way crypto projects launch and raise funds, prioritizing safety, transparency, and community engagement. With features such as immediate staking earnings, investor-centric LP contribution, and a special referral program, SafeOne Launchpad offers a unique and innovative platform for project launches. By prioritizing security and community governance, SafeOne Launchpad sets a new standard for trust and reliability in the crypto space.ConclusionIn conclusion, SafeOne Chain stands as a beacon of innovation and security in the crypto industry. With its comprehensive ecosystem of advanced technologies and solutions, SafeOne Chain is poised to shape the future of decentralized finance and revolutionize the way we interact with blockchain technology. Join us on this exciting journey towards a safer, more inclusive, and prosperous future with SafeOne Chain.You find SafeOne Chain on BSC network0x9320 bdb3c8f3d 0b1313726 efbb0f0061 ebf149adThis is a sponsored article! #Write2Earn #BSC #Innovation #Security #trading $BNB $ETH $BTC

SafeOne Chain: Pioneering Security and Innovation in the Crypto Space

In a rapidly evolving crypto landscape marred by scams and uncertainties, SafeOne Chain emerges as a beacon of trust and innovation. With a relentless focus on security, transparency, and technological advancement, SafeOne Chain aims to revolutionize the way we perceive and interact with blockchain technology. Let's delve into the comprehensive ecosystem of SafeOne Chain, encompassing key technologies and groundbreaking solutions:1. SafeOne Private PoS BlockchainSafeOne Chain introduces a state-of-the-art Private Proof-of-Stake (PoS) Blockchain, setting new standards for security and reliability. This dual-state blockchain system features a rigorous vetting process for project onboarding, ensuring that only credible and trustworthy projects gain access to the platform. Leveraging innovative consensus mechanisms and tokenized insurance for risk claims, SafeOne Chain provides a secure environment for deploying contracts and software applications.2. SafeOne StakingSafeOne Staking offers a streamlined staking experience, allowing users to lock up their tokens and participate in network activities while earning rewards. Through standardized staking pools, SafeOne Chain incentivizes community participation and collaboration with valuable crypto projects. By staking their tokens, users contribute to the network's security and consensus mechanism, fostering a decentralized and resilient ecosystem.3. SafeOne HarvestHubSafo's "HarvesHub" introduce a novel approach to yield farming, diverging from traditional DEX-based transactions. In this framework, tokens are acquired directly from the SafeOne team via an over-the-counter (OTC) trade, providing investors with a secure and efficient way to contribute liquidity. Automated smart contracts manage all operations, ensuring transparency and fairness throughout the process. HarvestHub offer investors an opportunity to earn rewards while mitigating risks associated with impermanent loss and rug pulls.4. SafeOne ISPOSafeOne's Initial Staking Pool Offering (ISPO) provides a secure fundraising mechanism for blockchain projects, allowing users to stake their tokens in exchange for rewards and a chance to participate in the project's initial token sale. This innovative approach incentivizes community participation and engagement, fostering a sense of ownership and collaboration among stakeholders. By combining elements of staking and fundraising, SafeOne ISPO empowers projects to distribute their tokens while building a loyal and supportive community.5. SafeBurst: SafeOne's Web2 Marketing ToolSafeBurst is SafeOne Chain's proprietary email burst app, designed for powerful email newsletters. This innovative marketing tool enables projects to reach their audience effectively, driving engagement and awareness. SafeBurst empowers projects to create compelling newsletters and promotional campaigns, enhancing their visibility and impact in the crypto space.6. SafeOne Trading SafeOne is at the forefront of AI-driven trading technology, leveraging advanced algorithms to optimize trading strategies and maximize profits. By analyzing real-time market data, monitoring news and social media sentiment, and executing safe trades across decentralized and centralized exchanges, SafeOne AI Trading promises unparalleled efficiency and effectiveness. This next-generation trading system represents the future of automated trading, empowering investors with powerful tools for wealth generation and risk management.7. SafeOne Rugsafe Launchpad "TrustedLaunch"SafeOne Launchpad redefines the way crypto projects launch and raise funds, prioritizing safety, transparency, and community engagement. With features such as immediate staking earnings, investor-centric LP contribution, and a special referral program, SafeOne Launchpad offers a unique and innovative platform for project launches. By prioritizing security and community governance, SafeOne Launchpad sets a new standard for trust and reliability in the crypto space.ConclusionIn conclusion, SafeOne Chain stands as a beacon of innovation and security in the crypto industry. With its comprehensive ecosystem of advanced technologies and solutions, SafeOne Chain is poised to shape the future of decentralized finance and revolutionize the way we interact with blockchain technology. Join us on this exciting journey towards a safer, more inclusive, and prosperous future with SafeOne Chain.You find SafeOne Chain on BSC network0x9320 bdb3c8f3d 0b1313726 efbb0f0061 ebf149adThis is a sponsored article! #Write2Earn #BSC #Innovation #Security #trading $BNB $ETH $BTC
Britain's Economy Faces Recession in the Shadow of Political TurbulenceIn a disheartening turn of events, Britain finds itself grappling with the throes of a recession that struck in the latter half of 2023, casting a somber hue over the impending Prime Ministerial elections. The recent data released by official sources unveils a contracted Gross Domestic Product (GDP) by 0.3% in the final quarter of the year, following a 0.1% shrinkage in the preceding quarter, marking the steepest decline since the first quarter of 2021.Sterling has witnessed a weakening trend against major currencies like the dollar and the euro, exacerbating concerns among investors who are now hedging their bets on the likelihood of interest rate cuts by the Bank of England (BoE) in the upcoming year. Furthermore, businesses are clamoring for more robust governmental support as they anxiously await the unveiling of the budget plan slated for March 6.The economic downturn places Britain in the company of Japan among the Group of Seven advanced economies grappling with recessionary pressures. Although projections suggest a transient and shallow recession by historical standards, the ramifications are palpable, with Britain's economy hovering merely 1% above its pre-pandemic levels, with only Germany among G7 peers faring worse.Prime Minister Rishi Sunak's pledge to reignite economic growth has assumed pivotal importance against this backdrop. Despite the Conservative Party's longstanding reputation for economic stewardship, recent opinion polls indicate a shifting tide of trust towards the Labour Party concerning economic management.Analysts forewarn of a historic downturn in living standards for British households, a phenomenon unseen since the aftermath of the Second World War. Ruth Gregory, deputy chief UK economist at Capital Economics, underscores the political ramifications of the GDP figures, particularly pertinent amidst ongoing by-elections.Finance Minister Jeremy Hunt remains resolute in his commitment to the existing fiscal strategy, advocating for tax cuts to fortify economic resilience. However, the opposition Labour Party remains skeptical, casting doubts on the efficacy of the current economic trajectory.Amidst tightening fiscal constraints, reports suggest a potential recalibration of public spending plans to accommodate pre-election tax cuts, further underscoring the delicate balancing act confronting policymakers.Looking ahead, the Bank of England faces mounting pressure to recalibrate monetary policy, with inflation dynamics and economic performance playing pivotal roles in shaping future decisions. While speculation mounts over the prospect of interest rate cuts, Governor Andrew Bailey emphasizes the need for caution, citing the imperative of substantial evidence before embarking on such measures. As Britain navigates the complexities of economic resurgence amidst a backdrop of political upheaval, the road ahead remains fraught with challenges. The resilience of its economy, coupled with prudent policymaking, will ultimately determine its trajectory in the post-recession era.Next report will be about the US Manufacturing index. Please follow us and like the articles to push the news so far as possible. #UKGDP #Write2Earn #News #cryptosignals $BTC $BNB $ETH

Britain's Economy Faces Recession in the Shadow of Political Turbulence

In a disheartening turn of events, Britain finds itself grappling with the throes of a recession that struck in the latter half of 2023, casting a somber hue over the impending Prime Ministerial elections. The recent data released by official sources unveils a contracted Gross Domestic Product (GDP) by 0.3% in the final quarter of the year, following a 0.1% shrinkage in the preceding quarter, marking the steepest decline since the first quarter of 2021.Sterling has witnessed a weakening trend against major currencies like the dollar and the euro, exacerbating concerns among investors who are now hedging their bets on the likelihood of interest rate cuts by the Bank of England (BoE) in the upcoming year. Furthermore, businesses are clamoring for more robust governmental support as they anxiously await the unveiling of the budget plan slated for March 6.The economic downturn places Britain in the company of Japan among the Group of Seven advanced economies grappling with recessionary pressures. Although projections suggest a transient and shallow recession by historical standards, the ramifications are palpable, with Britain's economy hovering merely 1% above its pre-pandemic levels, with only Germany among G7 peers faring worse.Prime Minister Rishi Sunak's pledge to reignite economic growth has assumed pivotal importance against this backdrop. Despite the Conservative Party's longstanding reputation for economic stewardship, recent opinion polls indicate a shifting tide of trust towards the Labour Party concerning economic management.Analysts forewarn of a historic downturn in living standards for British households, a phenomenon unseen since the aftermath of the Second World War. Ruth Gregory, deputy chief UK economist at Capital Economics, underscores the political ramifications of the GDP figures, particularly pertinent amidst ongoing by-elections.Finance Minister Jeremy Hunt remains resolute in his commitment to the existing fiscal strategy, advocating for tax cuts to fortify economic resilience. However, the opposition Labour Party remains skeptical, casting doubts on the efficacy of the current economic trajectory.Amidst tightening fiscal constraints, reports suggest a potential recalibration of public spending plans to accommodate pre-election tax cuts, further underscoring the delicate balancing act confronting policymakers.Looking ahead, the Bank of England faces mounting pressure to recalibrate monetary policy, with inflation dynamics and economic performance playing pivotal roles in shaping future decisions. While speculation mounts over the prospect of interest rate cuts, Governor Andrew Bailey emphasizes the need for caution, citing the imperative of substantial evidence before embarking on such measures. As Britain navigates the complexities of economic resurgence amidst a backdrop of political upheaval, the road ahead remains fraught with challenges. The resilience of its economy, coupled with prudent policymaking, will ultimately determine its trajectory in the post-recession era.Next report will be about the US Manufacturing index. Please follow us and like the articles to push the news so far as possible. #UKGDP #Write2Earn #News #cryptosignals $BTC $BNB $ETH
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Manta is on the rise once again. It recently surpassed the significant $3 mark and is now aiming for the $4 mark as the next major milestone. The positive trend in BTC is contributing to this upward movement, and the daily trading volume indicates the potential for larger movements in the hours ahead. We entered a long position trade at $2.70 with high leverage a few hours ago and are currently enjoying a profitable outcome. If Manta manages to break above the $3.1 mark, we anticipate a daily trading volume exceeding 150 million and a strong possibility of surpassing $3.50 within the next 24 hours. #Write2Earn #TradeNTell #MANTA $BTC $MANTA
Manta is on the rise once again. It recently surpassed the significant $3 mark and is now aiming for the $4 mark as the next major milestone. The positive trend in BTC is contributing to this upward movement, and the daily trading volume indicates the potential for larger movements in the hours ahead.

We entered a long position trade at $2.70 with high leverage a few hours ago and are currently enjoying a profitable outcome.

If Manta manages to break above the $3.1 mark, we anticipate a daily trading volume exceeding 150 million and a strong possibility of surpassing $3.50 within the next 24 hours.

#Write2Earn #TradeNTell #MANTA
$BTC $MANTA
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BTC is moving again post small shock today after the USA CPI outcome. We fallen short of the expected 2.9% ond the inflation index but stayed just small above by 3.1% The shock is priced in by now and bulls captured the front again. I gone for in long and a moderate leverage expecting BTC to break in a few minutes the 50k and move towards the 52-55k range #Write2Earn #TradeNTell #TradeBible $BTC
BTC is moving again post small shock today after the USA CPI outcome.

We fallen short of the expected 2.9% ond the inflation index but stayed just small above by 3.1%

The shock is priced in by now and bulls captured the front again.

I gone for in long and a moderate leverage expecting BTC to break in a few minutes the 50k and move towards the 52-55k range

#Write2Earn #TradeNTell #TradeBible
$BTC
Bitcoin Gains Momentum After Recent DipBitcoin enthusiasts are buzzing with excitement as the cryptocurrency shows signs of a bullish resurgence. Those who capitalized on the recent market dip around 1 am UTC today are already enjoying substantial profits, highlighting the dynamic nature of crypto trading. With optimism mounting, the stage seems set for a potential bull run.The recent sell-offs by Grayscale and anticipation surrounding forthcoming major announcements have stirred up anticipation among investors. The influx of ETF companies into the market is also reshaping the landscape, leading to a more diversified market share which could reflect positively on the charts.Adding to the optimism, the re-election of the Bitcoin-friendly president of El Salvador marks a promising start to the week and February. His second term coincides perfectly with the rising prominence of Bitcoin, signaling potential support and innovation in the cryptocurrency sphere.Excitement for the week ahead is palpable, with several significant announcements expected to make waves. As the week unfolds, stay tuned for comprehensive coverage of these developments. By following, liking, and commenting on our posts, you can help amplify the reach of this positive news and contribute to fostering a supportive community.The recent fluctuations in Bitcoin's price and the concurrent rise of many altcoins can be attributed in part to the conclusion of the Chinese New Year holidays. Last week witnessed a gradual decline in altcoin prices, largely due to the absence of significant traders who took time off to celebrate the festival. Now that traders have returned, coupled with promising news on the horizon, the market is poised for a potential surge. Anticipation is high for the coming week, with expectations of significant momentum in the crypto space. Stay engaged with us and explore our curated content, as there are several articles that may pique your interest. With all indicators pointing towards a potential bull run, now is an exciting time to be part of the crypto community.#Write2Earn #BullRun2024 #BullishMomentum #Bullrun #CryptoNews $BTC $MANTA

Bitcoin Gains Momentum After Recent Dip

Bitcoin enthusiasts are buzzing with excitement as the cryptocurrency shows signs of a bullish resurgence. Those who capitalized on the recent market dip around 1 am UTC today are already enjoying substantial profits, highlighting the dynamic nature of crypto trading. With optimism mounting, the stage seems set for a potential bull run.The recent sell-offs by Grayscale and anticipation surrounding forthcoming major announcements have stirred up anticipation among investors. The influx of ETF companies into the market is also reshaping the landscape, leading to a more diversified market share which could reflect positively on the charts.Adding to the optimism, the re-election of the Bitcoin-friendly president of El Salvador marks a promising start to the week and February. His second term coincides perfectly with the rising prominence of Bitcoin, signaling potential support and innovation in the cryptocurrency sphere.Excitement for the week ahead is palpable, with several significant announcements expected to make waves. As the week unfolds, stay tuned for comprehensive coverage of these developments. By following, liking, and commenting on our posts, you can help amplify the reach of this positive news and contribute to fostering a supportive community.The recent fluctuations in Bitcoin's price and the concurrent rise of many altcoins can be attributed in part to the conclusion of the Chinese New Year holidays. Last week witnessed a gradual decline in altcoin prices, largely due to the absence of significant traders who took time off to celebrate the festival. Now that traders have returned, coupled with promising news on the horizon, the market is poised for a potential surge. Anticipation is high for the coming week, with expectations of significant momentum in the crypto space. Stay engaged with us and explore our curated content, as there are several articles that may pique your interest. With all indicators pointing towards a potential bull run, now is an exciting time to be part of the crypto community.#Write2Earn #BullRun2024 #BullishMomentum #Bullrun #CryptoNews $BTC $MANTA
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Hello community, we trading active Manta with following strategy. One bot neutral between 2.70-3.20 Leverage 30x Important: Adjust enough leverage for the dump ahead -in profit, waiting for rebound One bot short we set at 3.02 and take profit at 2.20 Leverage 50x Grids 65 -in profit, waiting for taking profit at about 2am UTC monday One bot short I set just now at trigger price 2.70 and take profit at 2.20 Leverage 50x Grids 68 -already in profit, waiting for taking final profit at about 3am UTC monday One long position with trigger price 2.30 take profit at 3.90 or above Leverage 50x Grids 50 -waiting trigger price Important, add enough leverage for further price dump toward 2 mark Added long future with trigger price 2.30 Leverage 50x profit taking from 3.50-4.20 Important: have enough collateral in the future account. Must be about 10x your entry, liquididation must below 2 Added 4 margin trades with different profit scenarios Margin 5x Profit taking 1) 3.50 - biggest holding 2) 3.75 3) 3.80 4) 4.00 We have covered various scenarios and have set specific triggers for each, taking into account leverage adjustments and potential market movements. Make sure to monitor the market closely and adjust your strategy as necessary #Write2Earn #TradingSuccess #TradingTips #trading $MANTA
Hello community,

we trading active Manta with following strategy.

One bot neutral between 2.70-3.20
Leverage 30x
Important: Adjust enough leverage for the dump ahead
-in profit, waiting for rebound

One bot short we set at 3.02 and take profit at 2.20
Leverage 50x
Grids 65
-in profit, waiting for taking profit at about 2am UTC monday

One bot short I set just now at trigger price 2.70 and take profit at 2.20
Leverage 50x
Grids 68
-already in profit, waiting for taking final profit at about 3am UTC monday

One long position with trigger price 2.30 take profit at 3.90 or above
Leverage 50x
Grids 50
-waiting trigger price
Important, add enough leverage for further price dump toward 2 mark

Added long future with trigger price 2.30
Leverage 50x
profit taking from 3.50-4.20
Important: have enough collateral in the future account. Must be about 10x your entry, liquididation must below 2

Added 4 margin trades with different profit scenarios
Margin 5x
Profit taking

1) 3.50 - biggest holding
2) 3.75
3) 3.80
4) 4.00

We have covered various scenarios and have set specific triggers for each, taking into account leverage adjustments and potential market movements. Make sure to monitor the market closely and adjust your strategy as necessary

#Write2Earn #TradingSuccess #TradingTips #trading

$MANTA
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Bullish
What's BTC's impact on Manta Network? Liquidity pairs hint at price predictions, with BTC's influence significant due to high liquidity. BTC rise = Manta rise, BTC fall = Manta fall. Market sentiments, retail focus, and updates also matter. Yesterday's Fed announcement didn't meet expectations, affecting BTC's trust. Grayscale sell-off slowing, funds shifting to Fidelity and BlackRock ETFs, potentially boosting BTC and therefore Manta. Chinese New Year brings a week-long market holiday, likely impacting trading. Profit-taking done, room for new highs. My prediction is a long I set just this morning at about 2.98 with a leverage of 50x. I will take profit at 3.5 and open a short in that range for one more accumulation, expected to be in the Sunday-Monday range from 3.4 towards the 2.4-2.6 range. Then again, a long by 2.5-2.7 towards the 3.6-3.8 range with the opportunity for a longer run towards the 4.5 mark. Never forget to keep BTC news in your sights and in your plans, as it plays a direct role in the price movements as explained above. Happy trading to you all, and never forget to take profits in between. #Write2Earn #TradingTips #TradeNTell $BTC $MANTA
What's BTC's impact on Manta Network?

Liquidity pairs hint at price predictions, with BTC's influence significant due to high liquidity.

BTC rise = Manta rise, BTC fall = Manta fall.

Market sentiments, retail focus, and updates also matter. Yesterday's Fed announcement didn't meet expectations, affecting BTC's trust. Grayscale sell-off slowing, funds shifting to Fidelity and BlackRock ETFs, potentially boosting BTC and therefore Manta. Chinese New Year brings a week-long market holiday, likely impacting trading. Profit-taking done, room for new highs.

My prediction is a long I set just this morning at about 2.98 with a leverage of 50x.
I will take profit at 3.5 and open a short in that range for one more accumulation, expected to be in the Sunday-Monday range from 3.4 towards the 2.4-2.6 range. Then again, a long by 2.5-2.7 towards the 3.6-3.8 range with the opportunity for a longer run towards the 4.5 mark.

Never forget to keep BTC news in your sights and in your plans, as it plays a direct role in the price movements as explained above.

Happy trading to you all, and never forget to take profits in between.

#Write2Earn #TradingTips #TradeNTell

$BTC $MANTA
Coinbase Faces Market Challenges Amid Bitcoin ETF ApprovalIn recent weeks, the market dominance of Coinbase Global has come under threat with the approval of cost-effective Bitcoin ETFs, leading to a significant decline in the company's stock value. The potential shift in investor behavior towards trading Bitcoin through these affordable ETFs poses a risk to Coinbase's revenue and profits.Coinbase, once celebrated for its robust performance, experienced a remarkable 400% surge in its stock price last year, fueled by anticipation surrounding the expected approval of Bitcoin ETFs. However, the euphoria waned as the stock plummeted from its December peak of $186 to a current value of $124.Long regarded as a titan with substantial influence and market dominance in the crypto sector, Coinbase is now grappling with speculation about its ability to retain its leadership position in the face of these newly approved, cost-effective Bitcoin ETFs.While Coinbase is listed as the custodian for eight out of eleven ETFs, the company has yet to disclose its custody fees. Analysts, including CFRA Research's Michael Elliott, believe that any potential increase in custody fees may not be sufficient to offset the loss of investors to Bitcoin ETFs.A significant portion of Coinbase's revenue, nearly half, is generated from transaction fees. The platform charges up to 0.6% for transactions up to $10,000, contrasting with competitors like BlackRock, which starts with a fee of 0.12%. Notably, for smaller transactions under $1,000, Coinbase imposes fees ranging between 1.5% and 3%, potentially pressuring the company to consider fee and spread reductions, leading to a potential loss in revenue. As the crypto landscape evolves with the introduction of more accessible investment options like Bitcoin ETFs, Coinbase finds itself at a crucial juncture, navigating challenges that could impact its market position and financial performance in the foreseeable future.#ETFImpact #coinbase #ETFBoom #Cryptonewsdaily #exchanges $BTC

Coinbase Faces Market Challenges Amid Bitcoin ETF Approval

In recent weeks, the market dominance of Coinbase Global has come under threat with the approval of cost-effective Bitcoin ETFs, leading to a significant decline in the company's stock value. The potential shift in investor behavior towards trading Bitcoin through these affordable ETFs poses a risk to Coinbase's revenue and profits.Coinbase, once celebrated for its robust performance, experienced a remarkable 400% surge in its stock price last year, fueled by anticipation surrounding the expected approval of Bitcoin ETFs. However, the euphoria waned as the stock plummeted from its December peak of $186 to a current value of $124.Long regarded as a titan with substantial influence and market dominance in the crypto sector, Coinbase is now grappling with speculation about its ability to retain its leadership position in the face of these newly approved, cost-effective Bitcoin ETFs.While Coinbase is listed as the custodian for eight out of eleven ETFs, the company has yet to disclose its custody fees. Analysts, including CFRA Research's Michael Elliott, believe that any potential increase in custody fees may not be sufficient to offset the loss of investors to Bitcoin ETFs.A significant portion of Coinbase's revenue, nearly half, is generated from transaction fees. The platform charges up to 0.6% for transactions up to $10,000, contrasting with competitors like BlackRock, which starts with a fee of 0.12%. Notably, for smaller transactions under $1,000, Coinbase imposes fees ranging between 1.5% and 3%, potentially pressuring the company to consider fee and spread reductions, leading to a potential loss in revenue. As the crypto landscape evolves with the introduction of more accessible investment options like Bitcoin ETFs, Coinbase finds itself at a crucial juncture, navigating challenges that could impact its market position and financial performance in the foreseeable future.#ETFImpact #coinbase #ETFBoom #Cryptonewsdaily #exchanges $BTC
Indian Government Blocks Overseas Crypto Exchanges Amid Non-Compliance IssuesIn a significant move, the Indian government has blocked access to web platforms for overseas cryptocurrency exchanges, including major players like Binance, Kucoin, and OKX. The decision follows the Financial Intelligence Unit's (FIU) issuance of show cause notices to these entities, seeking clarification on their operations in India.The FIU, on December 28, expressed concerns about unauthorized operations and non-compliance with anti-money laundering laws. Despite providing a two-week window for response, the deadline lapsed on Friday, January 12. The FIU recommended blocking access to the URL of these platforms, prompting the government's decisive action.Apple has also taken measures by removing offshore crypto exchanges from its App Store, aligning with the FIU's stance on non-compliance with money laundering laws. Android versions of these apps are expected to face similar actions.In response to the FIU's notices, Edul Patel, CEO of Mudrex, an Indian Crypto Exchange, stated that proactive steps were taken to guide investors in transferring their funds to compliant platforms. Emphasizing the importance of FIU-compliance, Patel highlighted the legal recourse available to investors against fraudulent activities on their accounts.Research by Esya Centre, a think tank, reveals that global crypto exchanges cause an annual tax leakage of nearly $25,500,000,000 to the central exchequer due to the absence of registered entities in India.The move to block access to foreign crypto platforms aims to bolster domestic exchanges, witnessing increased registration activity following government restrictions and renewed interest in digital assets post-ETF approval by the US SEC. The FIU's recent actions are attracting more investors to Indian exchanges, fostering trust in a compliant ecosystem, as stated by Sumit Gupta, co-founder at CoinDCX. Gupta stressed the need for a crucial intervention in taxation and, along with other crypto exchanges, has submitted requests to the government for reconsideration of the 1% TDS, proposing a reduction to 0.01%. Anticipating increased market adoption with this reduction, it signifies a potential positive shift in the regulatory landscape.#Regulation #CryptoBan #Binance! #cryptocurrency!!! #CryptoSaga $BTC $ACE $SOL

Indian Government Blocks Overseas Crypto Exchanges Amid Non-Compliance Issues

In a significant move, the Indian government has blocked access to web platforms for overseas cryptocurrency exchanges, including major players like Binance, Kucoin, and OKX. The decision follows the Financial Intelligence Unit's (FIU) issuance of show cause notices to these entities, seeking clarification on their operations in India.The FIU, on December 28, expressed concerns about unauthorized operations and non-compliance with anti-money laundering laws. Despite providing a two-week window for response, the deadline lapsed on Friday, January 12. The FIU recommended blocking access to the URL of these platforms, prompting the government's decisive action.Apple has also taken measures by removing offshore crypto exchanges from its App Store, aligning with the FIU's stance on non-compliance with money laundering laws. Android versions of these apps are expected to face similar actions.In response to the FIU's notices, Edul Patel, CEO of Mudrex, an Indian Crypto Exchange, stated that proactive steps were taken to guide investors in transferring their funds to compliant platforms. Emphasizing the importance of FIU-compliance, Patel highlighted the legal recourse available to investors against fraudulent activities on their accounts.Research by Esya Centre, a think tank, reveals that global crypto exchanges cause an annual tax leakage of nearly $25,500,000,000 to the central exchequer due to the absence of registered entities in India.The move to block access to foreign crypto platforms aims to bolster domestic exchanges, witnessing increased registration activity following government restrictions and renewed interest in digital assets post-ETF approval by the US SEC. The FIU's recent actions are attracting more investors to Indian exchanges, fostering trust in a compliant ecosystem, as stated by Sumit Gupta, co-founder at CoinDCX. Gupta stressed the need for a crucial intervention in taxation and, along with other crypto exchanges, has submitted requests to the government for reconsideration of the 1% TDS, proposing a reduction to 0.01%. Anticipating increased market adoption with this reduction, it signifies a potential positive shift in the regulatory landscape.#Regulation #CryptoBan #Binance! #cryptocurrency!!! #CryptoSaga $BTC $ACE $SOL
RBI Governor Shaktikanta Das Highlights Concerns Over Cryptocurrency and Unveils Indian CBDC PlansIn a recent statement at Mint's BFSI Summit, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank's cautious stance on cryptocurrencies, emphasizing the potential risks associated with their proliferation. Governor Das expressed concerns about the global and emerging markets grappling with a crypto mania akin to the historic Tulip mania.Last year, Governor Das maintained the RBI's unwavering position on banning crypto assets, labeling them as a "serious threat to financial stability, particularly for emerging markets." During the summit, he questioned the feasibility of regulating the cryptocurrency industry, citing the need for clear regulations and expressing skepticism about the task of regulating a rapidly evolving sector.Referencing a recent International Monetary Fund (IMF) paper, Governor Das pointed out the IMF's acknowledgment of the necessity for countries to consider imposing additional restrictions on cryptocurrencies. This underscores the global concern surrounding the potential implications of unregulated digital currencies.Despite these reservations, Governor Das commended private companies for their role in making India a leader in the UPI payment system. He highlighted the acceptance of digital lending guidelines and the growth of the fintech sector, emphasizing the importance of sustainable growth in this rapidly evolving landscape.He acknowledged the challenges posed by cyber threats to the robustness of IT systems and reaffirmed the RBI's commitment to strengthening India's banking and financial systems.In a notable move, Governor Das also unveiled the RBI's plan for a Central Bank Digital Currency (CBDC) during the Mint BFSI Summit. While outlining the expansion of wholesale CBDC, he emphasized exploring programmable features in retail CBDC to enable senders to define specific end uses. This announcement aligns with the global trend of central banks exploring the potential of digital currencies.As the world navigates the evolving landscape of digital finance, Governor Das's remarks shed light on the RBI's cautious approach to cryptocurrencies and its commitment to fostering a secure and sustainable financial ecosystem.#CBDC #IndiaCrypto #warning #cryptocurrency!!! #CryptoSaga $BTC $ETH $BNB

RBI Governor Shaktikanta Das Highlights Concerns Over Cryptocurrency and Unveils Indian CBDC Plans

In a recent statement at Mint's BFSI Summit, Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank's cautious stance on cryptocurrencies, emphasizing the potential risks associated with their proliferation. Governor Das expressed concerns about the global and emerging markets grappling with a crypto mania akin to the historic Tulip mania.Last year, Governor Das maintained the RBI's unwavering position on banning crypto assets, labeling them as a "serious threat to financial stability, particularly for emerging markets." During the summit, he questioned the feasibility of regulating the cryptocurrency industry, citing the need for clear regulations and expressing skepticism about the task of regulating a rapidly evolving sector.Referencing a recent International Monetary Fund (IMF) paper, Governor Das pointed out the IMF's acknowledgment of the necessity for countries to consider imposing additional restrictions on cryptocurrencies. This underscores the global concern surrounding the potential implications of unregulated digital currencies.Despite these reservations, Governor Das commended private companies for their role in making India a leader in the UPI payment system. He highlighted the acceptance of digital lending guidelines and the growth of the fintech sector, emphasizing the importance of sustainable growth in this rapidly evolving landscape.He acknowledged the challenges posed by cyber threats to the robustness of IT systems and reaffirmed the RBI's commitment to strengthening India's banking and financial systems.In a notable move, Governor Das also unveiled the RBI's plan for a Central Bank Digital Currency (CBDC) during the Mint BFSI Summit. While outlining the expansion of wholesale CBDC, he emphasized exploring programmable features in retail CBDC to enable senders to define specific end uses. This announcement aligns with the global trend of central banks exploring the potential of digital currencies.As the world navigates the evolving landscape of digital finance, Governor Das's remarks shed light on the RBI's cautious approach to cryptocurrencies and its commitment to fostering a secure and sustainable financial ecosystem.#CBDC #IndiaCrypto #warning #cryptocurrency!!! #CryptoSaga $BTC $ETH $BNB
Major Bitcoin ETF Contenders Update S1 Filings, Slash Fees in Intense CompetitionJanuary 8, 2024In a synchronized move, major financial institutions, including Blackrock, Ark, WisdomTree, and Invesco Galaxy, updated their S1 filings with the U.S. Securities and Exchange Commission today, marking a critical development in the race for the first spot Bitcoin ETF approval.Ark takes an aggressive stance by reducing its fee from 0.8% to 0.25% and offering a fee waiver for the first six months or the initial $1 billion in assets, intensifying the competitive landscape among Bitcoin ETF issuers.Blackrock's latest filing outlines a 0.3% fee, positioning it as the fourth lowest among known fees. Additionally, for the initial twelve months and the first $5 billion in funds, Blackrock plans to implement a promotional 0.2% fee, making it a compelling option for potential investors.Bitwise, currently leading with the lowest fee, recently updated its filing to announce a 0.24% fee, with six months at 0%, altering the competitive dynamics. Ark and VanEck, both filing today, follow closely as the second lowest fees, both at 0.25%.Blackrock further disclosed the net asset value of the Trust as of January 5, 2024, standing at $9,980,032.71, with a NAV of $24.95.Invesco Galaxy ETF, set to trade under the ticker BTCO, revealed a 0.59% fee and noted it has seeded approximately $4.8 million in Bitcoin to date.WisdomTree's ETF, with fees set at 0.5%, disclosed a seed capital investment of $2.5 million, emphasizing the growing financial commitments in the pursuit of the first spot Bitcoin ETF in the United States. As the final stages of potential approval unfold, these developments underscore the intense competition and strategic fee adjustments among major players in the cryptocurrency investment landscape.#ETFApproval2024 #ETFApprovalDreams #ETFDecisionComingSoon #etfsaga #BitcoinETF💰💰💰 $BTC

Major Bitcoin ETF Contenders Update S1 Filings, Slash Fees in Intense Competition

January 8, 2024In a synchronized move, major financial institutions, including Blackrock, Ark, WisdomTree, and Invesco Galaxy, updated their S1 filings with the U.S. Securities and Exchange Commission today, marking a critical development in the race for the first spot Bitcoin ETF approval.Ark takes an aggressive stance by reducing its fee from 0.8% to 0.25% and offering a fee waiver for the first six months or the initial $1 billion in assets, intensifying the competitive landscape among Bitcoin ETF issuers.Blackrock's latest filing outlines a 0.3% fee, positioning it as the fourth lowest among known fees. Additionally, for the initial twelve months and the first $5 billion in funds, Blackrock plans to implement a promotional 0.2% fee, making it a compelling option for potential investors.Bitwise, currently leading with the lowest fee, recently updated its filing to announce a 0.24% fee, with six months at 0%, altering the competitive dynamics. Ark and VanEck, both filing today, follow closely as the second lowest fees, both at 0.25%.Blackrock further disclosed the net asset value of the Trust as of January 5, 2024, standing at $9,980,032.71, with a NAV of $24.95.Invesco Galaxy ETF, set to trade under the ticker BTCO, revealed a 0.59% fee and noted it has seeded approximately $4.8 million in Bitcoin to date.WisdomTree's ETF, with fees set at 0.5%, disclosed a seed capital investment of $2.5 million, emphasizing the growing financial commitments in the pursuit of the first spot Bitcoin ETF in the United States. As the final stages of potential approval unfold, these developments underscore the intense competition and strategic fee adjustments among major players in the cryptocurrency investment landscape.#ETFApproval2024 #ETFApprovalDreams #ETFDecisionComingSoon #etfsaga #BitcoinETF💰💰💰 $BTC
A Universal Celebration: Merry Christmas for All!In the spirit of unity transcending borders, we extend heartfelt Christmas wishes to people of all faiths, cultures, and backgrounds across the globe.Merry Christmas to everyone in the world! This festive season, our well wishes go beyond the confines of any specific religion or geographic location. We recognize that, irrespective of our birthplaces or the narratives we've been told, we are all part of the same human family.Christmas holds a profound meaning that surpasses the exchange of gifts. It signifies a new chapter, a moment to come together, generously give without expecting anything in return, and embrace the universal values of love, peace, and harmony.On this planet, there's still much for us to learn, but today presents an opportunity to make a positive difference. Let's collectively celebrate, unite in our diversity, and share special thoughts that resonate with the true essence of the holiday season. Merry Christmas! May this festive season bring joy, understanding, and a renewed sense of togetherness to people around the world.#christmas #CryptoChristmas #CryptoNews $BNB $BTC $FDUSD

A Universal Celebration: Merry Christmas for All!

In the spirit of unity transcending borders, we extend heartfelt Christmas wishes to people of all faiths, cultures, and backgrounds across the globe.Merry Christmas to everyone in the world! This festive season, our well wishes go beyond the confines of any specific religion or geographic location. We recognize that, irrespective of our birthplaces or the narratives we've been told, we are all part of the same human family.Christmas holds a profound meaning that surpasses the exchange of gifts. It signifies a new chapter, a moment to come together, generously give without expecting anything in return, and embrace the universal values of love, peace, and harmony.On this planet, there's still much for us to learn, but today presents an opportunity to make a positive difference. Let's collectively celebrate, unite in our diversity, and share special thoughts that resonate with the true essence of the holiday season. Merry Christmas! May this festive season bring joy, understanding, and a renewed sense of togetherness to people around the world.#christmas #CryptoChristmas #CryptoNews $BNB $BTC $FDUSD
Fusionist ($ACE) Token Soars to New Heights on Binance: A Promising JourneyGreetings Fusionist enthusiasts,In the wake of recent Binance announcements, $ACE token has surged to impressive heights, surpassing the $17.25 mark with eyes set on a potential new all-time high. As $ACE currently holds the top gainer position on Binance, speculation arises whether it will break the $20 threshold today—a question that only the next few hours can answer. Notably, $ACE stands at the 136th position among all traded cryptocurrencies.Anticipation builds as $ACE approaches the $30 milestone, a move that could propel the token into the top 100 by fully diluted market cap. This achievement would signify a significant milestone and fuel aspirations of $ACE securing a spot in the top 50 tokens by 2024.Binance's recent revelations, including the introduction of new trade pairs, activation of trading bots, and expanded margin trade options, serve as catalysts propelling $ACE to unforeseen heights. Impressively, $ACE has only been trading on Binance for three days, showcasing rapid success.A hearty congratulations to the Fusionist team for navigating this extraordinary journey, a salute to the web3 game's AAA+ class, and warm wishes to the thriving fusionist community and core team. Your strategic moves have positioned $ACE for success, and it couldn't have come at a better time. Wishing everyone a Merry Christmas as $ACE continues its ascent in the crypto world.#CryptoPredictions #MarketAnalysis #CryptoNews $ACE

Fusionist ($ACE) Token Soars to New Heights on Binance: A Promising Journey

Greetings Fusionist enthusiasts,In the wake of recent Binance announcements, $ACE token has surged to impressive heights, surpassing the $17.25 mark with eyes set on a potential new all-time high. As $ACE currently holds the top gainer position on Binance, speculation arises whether it will break the $20 threshold today—a question that only the next few hours can answer. Notably, $ACE stands at the 136th position among all traded cryptocurrencies.Anticipation builds as $ACE approaches the $30 milestone, a move that could propel the token into the top 100 by fully diluted market cap. This achievement would signify a significant milestone and fuel aspirations of $ACE securing a spot in the top 50 tokens by 2024.Binance's recent revelations, including the introduction of new trade pairs, activation of trading bots, and expanded margin trade options, serve as catalysts propelling $ACE to unforeseen heights. Impressively, $ACE has only been trading on Binance for three days, showcasing rapid success.A hearty congratulations to the Fusionist team for navigating this extraordinary journey, a salute to the web3 game's AAA+ class, and warm wishes to the thriving fusionist community and core team. Your strategic moves have positioned $ACE for success, and it couldn't have come at a better time. Wishing everyone a Merry Christmas as $ACE continues its ascent in the crypto world.#CryptoPredictions #MarketAnalysis #CryptoNews $ACE
🎉 SafeOne Chain Celebrates One Year of SuccessGreetings from the Founder:"Dear SafeOne Family,On this special day, marking the first birthday of SafeOne Chain, we reflect on a year filled with challenges and triumphs that have brought us closer together.A heartfelt thank you to our incredible investors, dedicated team members, and passionate volunteers who have been instrumental in propelling this ambitious project forward. Despite the hurdles faced, our unity prevailed, and together, we conquered significant milestones.Your unwavering trust in our vision and the tireless efforts of the SAFO team are the driving forces behind our success. As we look ahead, the coming year holds exciting possibilities. We've weathered the bear market, established strong foundations, and have ambitious plans for the future. Cheers to a year of growth, resilience, and shared achievements!" #SafeOneChain #Anniversary #CryptoSuccess #Binancefeed #CryptoNews $BTC $BNB $ACE

🎉 SafeOne Chain Celebrates One Year of Success

Greetings from the Founder:"Dear SafeOne Family,On this special day, marking the first birthday of SafeOne Chain, we reflect on a year filled with challenges and triumphs that have brought us closer together.A heartfelt thank you to our incredible investors, dedicated team members, and passionate volunteers who have been instrumental in propelling this ambitious project forward. Despite the hurdles faced, our unity prevailed, and together, we conquered significant milestones.Your unwavering trust in our vision and the tireless efforts of the SAFO team are the driving forces behind our success. As we look ahead, the coming year holds exciting possibilities. We've weathered the bear market, established strong foundations, and have ambitious plans for the future. Cheers to a year of growth, resilience, and shared achievements!" #SafeOneChain #Anniversary #CryptoSuccess #Binancefeed #CryptoNews $BTC $BNB $ACE
SEC Chairman Gensler Reconsiders Spot Bitcoin ETFs in Light of Recent Court RulingsThe U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, disclosed in a recent interview that the regulatory body is reevaluating spot bitcoin exchange-traded fund (ETF) applications following recent court decisions. Gensler mentioned that there are currently between eight and a dozen filings in progress, and the SEC is revisiting its stance on these applications without preconceived judgments.The move comes in response to court rulings in the District of Columbia, which prompted a reassessment of previously denied applications. Gensler specifically referred to a legal dispute involving Grayscale Investments' application to convert its bitcoin trust (GBTC) into a spot bitcoin ETF. The court directed the SEC to review the application, leading to a fresh examination of the regulatory approach.Addressing concerns about potential objections to the court rulings, Gensler emphasized the SEC's commitment to operating within the framework of laws passed by Congress and respecting court interpretations. He underscored the SEC's focus on economic considerations and compliance with securities laws to ensure investor protection against fraud and manipulation.Discussing the broader crypto market, Gensler expressed concerns about noncompliance with securities laws and other regulations related to money laundering. He highlighted the prevalence of fraud and bad actors in the crypto field, emphasizing the lack of fundamental information on many projects. Gensler criticized crypto exchanges for engaging in practices that would not be allowed in traditional financial systems.In a related statement, SEC Commissioner Hester Peirce expressed her perplexity at the delay in approving spot Bitcoin ETFs, stating, "We should have approved one of these over five years ago, so the fact that we haven't done it yet is a mystery to me." The commissioner's remark suggests internal divisions within the SEC regarding the approval timeline for such ETFs. As the SEC undergoes a reassessment, the crypto community awaits further developments in the regulatory landscape, anticipating potential shifts in the approval process for spot bitcoin ETFs.#ETFApproval #ETFBuzz #ETFTrends #CryptoNews #CryptoNews🔒📰🚫 $BTC

SEC Chairman Gensler Reconsiders Spot Bitcoin ETFs in Light of Recent Court Rulings

The U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, disclosed in a recent interview that the regulatory body is reevaluating spot bitcoin exchange-traded fund (ETF) applications following recent court decisions. Gensler mentioned that there are currently between eight and a dozen filings in progress, and the SEC is revisiting its stance on these applications without preconceived judgments.The move comes in response to court rulings in the District of Columbia, which prompted a reassessment of previously denied applications. Gensler specifically referred to a legal dispute involving Grayscale Investments' application to convert its bitcoin trust (GBTC) into a spot bitcoin ETF. The court directed the SEC to review the application, leading to a fresh examination of the regulatory approach.Addressing concerns about potential objections to the court rulings, Gensler emphasized the SEC's commitment to operating within the framework of laws passed by Congress and respecting court interpretations. He underscored the SEC's focus on economic considerations and compliance with securities laws to ensure investor protection against fraud and manipulation.Discussing the broader crypto market, Gensler expressed concerns about noncompliance with securities laws and other regulations related to money laundering. He highlighted the prevalence of fraud and bad actors in the crypto field, emphasizing the lack of fundamental information on many projects. Gensler criticized crypto exchanges for engaging in practices that would not be allowed in traditional financial systems.In a related statement, SEC Commissioner Hester Peirce expressed her perplexity at the delay in approving spot Bitcoin ETFs, stating, "We should have approved one of these over five years ago, so the fact that we haven't done it yet is a mystery to me." The commissioner's remark suggests internal divisions within the SEC regarding the approval timeline for such ETFs. As the SEC undergoes a reassessment, the crypto community awaits further developments in the regulatory landscape, anticipating potential shifts in the approval process for spot bitcoin ETFs.#ETFApproval #ETFBuzz #ETFTrends #CryptoNews #CryptoNews🔒📰🚫 $BTC

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