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💰 Ripple CLO calls Gary Gensler 'a struggling liability' as political winds shift
Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair #GaryGensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether #exchange -traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability."
#pizzaday #BTC #PEPE
Ripple's Chief Legal Officer Stuart Alderoty described U.S. Securities and Exchange Commission Chair #GaryGensler as "a struggling liability" — as the hype surrounding the potential approval of spot ether #exchange -traded funds grows. "He thought crypto was an easy target," Alderoty said, adding, "He relished being the guy that everyone loved to hate. He thought he was above Congressional oversight. That's all gone. He's now a struggling political liability."
#pizzaday #BTC #PEPE
🔔 Binance & #Scroll
Yeah, the long-awaited #listing on the world's leading cryptocurrency exchange!
Binance is a major online digital currency #exchange service, blockchain and infrastructure provider for the cryptocurrency industry with a suite of products including digital asset trading, investment, decentralization and infrastructure solutions, research, education and more.
All the best projects start on Binance ✔️
SCROLL was able to do that and came to market through Binance. This is a huge leap, I think the news will work out within 1-2 hours and we will see active growth of SCROLL.
#BTC #bitcoin
Yeah, the long-awaited #listing on the world's leading cryptocurrency exchange!
Binance is a major online digital currency #exchange service, blockchain and infrastructure provider for the cryptocurrency industry with a suite of products including digital asset trading, investment, decentralization and infrastructure solutions, research, education and more.
All the best projects start on Binance ✔️
SCROLL was able to do that and came to market through Binance. This is a huge leap, I think the news will work out within 1-2 hours and we will see active growth of SCROLL.
#BTC #bitcoin
🪙 Ethereum ETFs may capture only 15% of Bitcoin ETF assets, says Bloomberg analyst
#Bloomberg Senior ETF Analyst Eric Balchunas tempered the excitement over spot Ethereum #exchange -traded funds (ETFs), suggesting they may attract only a fraction of the investments seen in #BitcoinETFs . On May 20, reports indicated a 75% chance that the US Securities and Exchange Commission (SEC) would approve an $ETH ETF, starkly contrasting the previous pessimism surrounding the financial instruments.
#pizzaday #BTC
#Bloomberg Senior ETF Analyst Eric Balchunas tempered the excitement over spot Ethereum #exchange -traded funds (ETFs), suggesting they may attract only a fraction of the investments seen in #BitcoinETFs . On May 20, reports indicated a 75% chance that the US Securities and Exchange Commission (SEC) would approve an $ETH ETF, starkly contrasting the previous pessimism surrounding the financial instruments.
#pizzaday #BTC
🔔 Gate.io & Scroll
Gate.io is an Asian #exchange based in China.
We saw what the #Asian crowd can do overnight, when the price went up several multiples of dollars in a matter of hours.
Taking this into account, I can confidently say: by tonight the price of #scroll will be significantly higher than current levels... significantly!
#bitcoin #BTC
Gate.io is an Asian #exchange based in China.
We saw what the #Asian crowd can do overnight, when the price went up several multiples of dollars in a matter of hours.
Taking this into account, I can confidently say: by tonight the price of #scroll will be significantly higher than current levels... significantly!
#bitcoin #BTC
Uniswap Hits Back at SEC, Says It's Ready to Fight in Court
Decentralized #exchange giant Uniswap has responded to the SEC's Wells notice
Decentralized exchange giant Uniswap has filed its response to the Wells notice it recently received from the U.S. Securities and Exchange Commission.
Uniswap has accused the agency of attempting to significantly expand its jurisdiction so that it covers all digital value. According to #Uniswap’s CEO Hayden Adams, the SEC wants to become "the world internet police."
"This SEC’s reckless approach to crypto has not protected consumers and has caused immeasurable harm in the US - to individuals, businesses, and the state itself. We should lead on internet innovation, not stifle it," Adams said.
Uniswap Introduces Major New Feature
Uniswap claims that it is not required to be registered as a broker. It has predicted that the SEC's authority over #Technology will be further narrowed due to its decision to litigate this issue.
The defendant insists that the underlying transactions on the protocol are not securities transactions, comparing Uniswap to Coinbase Wallet. In March, U.S. District Judge Katherine Failla ruled that the latter was not conducting brokerage activities.
Furthermore, Uniswap claims that it does not solicit users to perform swaps on the protocol, adding that its general public statements do not amount to solicitation. In addition, the defendant has stated that it does not provide advice to the users of the protocol or the interface.
Uniswap neither acts as a depository nor engages in clearing activity, according to its response. The SEC suggested that Uniswap's contracts serve as depositories for securities.
The distribution of the native $UNI token was also addressed in the lawsuit, with Uniswap stating that it does not satisfy the requirements of the Howey test in order to be recognized as a securities offering.
Adams has stated that Uniswap is "ready to fight" the SEC in court. As reported by U.Today, it was sued by the agency in April. #BTC #bitcoin
Decentralized #exchange giant Uniswap has responded to the SEC's Wells notice
Decentralized exchange giant Uniswap has filed its response to the Wells notice it recently received from the U.S. Securities and Exchange Commission.
Uniswap has accused the agency of attempting to significantly expand its jurisdiction so that it covers all digital value. According to #Uniswap’s CEO Hayden Adams, the SEC wants to become "the world internet police."
"This SEC’s reckless approach to crypto has not protected consumers and has caused immeasurable harm in the US - to individuals, businesses, and the state itself. We should lead on internet innovation, not stifle it," Adams said.
Uniswap Introduces Major New Feature
Uniswap claims that it is not required to be registered as a broker. It has predicted that the SEC's authority over #Technology will be further narrowed due to its decision to litigate this issue.
The defendant insists that the underlying transactions on the protocol are not securities transactions, comparing Uniswap to Coinbase Wallet. In March, U.S. District Judge Katherine Failla ruled that the latter was not conducting brokerage activities.
Furthermore, Uniswap claims that it does not solicit users to perform swaps on the protocol, adding that its general public statements do not amount to solicitation. In addition, the defendant has stated that it does not provide advice to the users of the protocol or the interface.
Uniswap neither acts as a depository nor engages in clearing activity, according to its response. The SEC suggested that Uniswap's contracts serve as depositories for securities.
The distribution of the native $UNI token was also addressed in the lawsuit, with Uniswap stating that it does not satisfy the requirements of the Howey test in order to be recognized as a securities offering.
Adams has stated that Uniswap is "ready to fight" the SEC in court. As reported by U.Today, it was sued by the agency in April. #BTC #bitcoin
🪙 Grayscale’s ETHE discount to NAV hits lowest level since 2021 amid growing optimism for Ethereum ETF approval
The #GRAYSCALE Ethereum Trust (ETHE) discount to net asset value (NAV) has narrowed to its lowest level in over two years amid newly #Optimistic outlook for a spot ether #exchange -traded fund approval by the Securities and Exchange Commission. Discount to NAV indicates how much lower the market price of each share is compared to the value of the ether it represents. It fell to -6.7% by market close yesterday—the lowest since December 2021, according to YCharts data.
#pizzaday #BTC
The #GRAYSCALE Ethereum Trust (ETHE) discount to net asset value (NAV) has narrowed to its lowest level in over two years amid newly #Optimistic outlook for a spot ether #exchange -traded fund approval by the Securities and Exchange Commission. Discount to NAV indicates how much lower the market price of each share is compared to the value of the ether it represents. It fell to -6.7% by market close yesterday—the lowest since December 2021, according to YCharts data.
#pizzaday #BTC
🔔 Binance Labs & Scroll
Binance Labs has partnered with Scroll. Good news. It could be the first step towards listing on Binance and Binance Futures. Then you can buy and sell the #scroll token on the largest exchange.
Can you imagine what will happen to the price of the token? It's going to skyrocket! 🚀
Binance is the biggest and most popular #exchange in the world.
The exchange's leaders work closely with regulators in both the US and China, which lets them serve clients all over the globe.
When Binance provides liquidity at the listing for Scroll, the token price will #skyrocket . So, be ready for that.
➡️If you're new to tokensales, I've put together all the instructions here for you to take a look at: https://t.me/+qzbXbDv55g5iMDQ0
#btc70k #BTC
Binance Labs has partnered with Scroll. Good news. It could be the first step towards listing on Binance and Binance Futures. Then you can buy and sell the #scroll token on the largest exchange.
Can you imagine what will happen to the price of the token? It's going to skyrocket! 🚀
Binance is the biggest and most popular #exchange in the world.
The exchange's leaders work closely with regulators in both the US and China, which lets them serve clients all over the globe.
When Binance provides liquidity at the listing for Scroll, the token price will #skyrocket . So, be ready for that.
➡️If you're new to tokensales, I've put together all the instructions here for you to take a look at: https://t.me/+qzbXbDv55g5iMDQ0
#btc70k #BTC
💰 WisdomTree first to get nod from FCA on spot Bitcoin ETP ahead of multi-product UK launch
#WisdomTree has received approval from the Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock #exchange . This approval allows WisdomTree to introduce the WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum ETPs, targeting the May 28 lifting of UK restrictions. These ETPs, available exclusively to professional investors, have a management expense ratio of 0.35%, making them reportedly among the lowest fee institutional-grade crypto #ETPs in Europe.
#pizzaday #BTC
#WisdomTree has received approval from the Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock #exchange . This approval allows WisdomTree to introduce the WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum ETPs, targeting the May 28 lifting of UK restrictions. These ETPs, available exclusively to professional investors, have a management expense ratio of 0.35%, making them reportedly among the lowest fee institutional-grade crypto #ETPs in Europe.
#pizzaday #BTC
💰 Standard Chartered says bitcoin expected to hit fresh all-time high by weekend
An approval of a spot ether #exchange -traded fund (ETF) this week would further legitimize the cryptocurrency sector and therefore be positive for bitcoin as well, an analyst said. "I would expect a fresh all-time high in bitcoin by the weekend, through the 14 March $73,798 level," #StandardChartered Bank Head of #FX Research and Digital Assets Research Geoff Kendrick said in an email sent to The Block.
#pizzaday #BTC
An approval of a spot ether #exchange -traded fund (ETF) this week would further legitimize the cryptocurrency sector and therefore be positive for bitcoin as well, an analyst said. "I would expect a fresh all-time high in bitcoin by the weekend, through the 14 March $73,798 level," #StandardChartered Bank Head of #FX Research and Digital Assets Research Geoff Kendrick said in an email sent to The Block.
#pizzaday #BTC
Approval of Ethereum-ETF Is Just a Matter of Time - Coinbase Analyst
👀 According to the expert, the main rationale used for approving the #Bitcoin-ETF is also applicable to an instrument based on the second-largest cryptocurrency by market capitalization.
🕐 At the same time, Khan doubted the possibility of a swift approval for an Ethereum-ETF with a staking function. On May 10, $ARK Invest and 21Shares removed the coin-locking clause from their application for an #exchange -traded fund based on the second-largest cryptocurrency by market capitalization.
✔️The analyst estimated the likelihood of approval for spot Ethereum-#ETFs. by the end of May at 30-40%.
#bitcoin #BTC
👀 According to the expert, the main rationale used for approving the #Bitcoin-ETF is also applicable to an instrument based on the second-largest cryptocurrency by market capitalization.
🕐 At the same time, Khan doubted the possibility of a swift approval for an Ethereum-ETF with a staking function. On May 10, $ARK Invest and 21Shares removed the coin-locking clause from their application for an #exchange -traded fund based on the second-largest cryptocurrency by market capitalization.
✔️The analyst estimated the likelihood of approval for spot Ethereum-#ETFs. by the end of May at 30-40%.
#bitcoin #BTC
Gala Games Hacked for ~$200 Million
🤠 An unknown hacker breached the Gala Games project and minted 5 billion GALA tokens worth approximately $236 million.
🙀 The hacker managed to #exchange GALA for 5913 $ETH (not bad considering its price now huh? 😁)
Later, Gala Games froze the hacker's wallet. The hacker still holds 4.4 billion $GALA worth $186 million 🧐.
👀 The company is currently in communication with the #FBI , the U.S. Department of Justice, and other authorities.
#altcoins #bitcoin #BTC
🤠 An unknown hacker breached the Gala Games project and minted 5 billion GALA tokens worth approximately $236 million.
🙀 The hacker managed to #exchange GALA for 5913 $ETH (not bad considering its price now huh? 😁)
Later, Gala Games froze the hacker's wallet. The hacker still holds 4.4 billion $GALA worth $186 million 🧐.
👀 The company is currently in communication with the #FBI , the U.S. Department of Justice, and other authorities.
#altcoins #bitcoin #BTC
🔔 HTX is going to list SCROLL on May, 27 at 6 PM, UTC.
The exchange was really popular back in the 17-18-19s. Now, other big players have taken over the market. But even getting listed on HTX is a big deal.
I think it'll push the price of the #scroll token up by the evening!
#HTX sees a pretty high daily volume of $1.35 billion. Behind the #exchange is Justin Sun, one of the most important figures in the industry.
➡️ If you're new to tokensales, I've put together all the instructions here for you to take a look at: https://t.me/+qzbXbDv55g5iMDQ0
#bitcoin #BTC
The exchange was really popular back in the 17-18-19s. Now, other big players have taken over the market. But even getting listed on HTX is a big deal.
I think it'll push the price of the #scroll token up by the evening!
#HTX sees a pretty high daily volume of $1.35 billion. Behind the #exchange is Justin Sun, one of the most important figures in the industry.
➡️ If you're new to tokensales, I've put together all the instructions here for you to take a look at: https://t.me/+qzbXbDv55g5iMDQ0
#bitcoin #BTC
🔔 Let's take another look at the list of Scroll (SCROLL) investors. It includes many funds, one of which is Polychain Capital... and I want to highlight it.
Polychain Capital is a San Francisco-based venture capital firm that runs a cryptocurrency hedge fund of actively managed digital blockchain assets.
The founder, Olaf Carlson-Wee, was the first employee of Coinbase and left the company in 2016 to start Polychain Capital.
I think it's no secret that #BlackRock has established its own investment fund for working with altcoins and is already very active in the crypto world. I'm not hinting at anything, but Scroll is quite a big player in this market and has a good chance of ending up in BlackRock's portfolio. 😎 You can imagine the massive influx of investment and what will happen to the #scroll price.
Additionally, the purchasing power of U.S. citizens is quite strong, and they could significantly push the SCROLL price upward.
So, we're eagerly awaiting an announcement from this #exchange , which should be coming very soon!
#bitcoin #BTC
Polychain Capital is a San Francisco-based venture capital firm that runs a cryptocurrency hedge fund of actively managed digital blockchain assets.
The founder, Olaf Carlson-Wee, was the first employee of Coinbase and left the company in 2016 to start Polychain Capital.
I think it's no secret that #BlackRock has established its own investment fund for working with altcoins and is already very active in the crypto world. I'm not hinting at anything, but Scroll is quite a big player in this market and has a good chance of ending up in BlackRock's portfolio. 😎 You can imagine the massive influx of investment and what will happen to the #scroll price.
Additionally, the purchasing power of U.S. citizens is quite strong, and they could significantly push the SCROLL price upward.
So, we're eagerly awaiting an announcement from this #exchange , which should be coming very soon!
#bitcoin #BTC
🟠 Over 80% of Newly Listed Crypto #assets on Binance Have Declined in Value: Data
Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the #exchange , raising concerns for investors seeking out the latest cryptocurrencies. According to a May 17 post by pseudonymous crypto researcher Flow on X, only five of the 31 tokens analyzed have appreciated in value: the memecoin (MEME), the Ordi token ($ORDI ), Solana-based Jupiter ($JUP ), Jito (JTO), and Dogwifhat ($WIF ).
#MemeWatch2024 #BTC #CMEBitcoinSpotTrading
Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the #exchange , raising concerns for investors seeking out the latest cryptocurrencies. According to a May 17 post by pseudonymous crypto researcher Flow on X, only five of the 31 tokens analyzed have appreciated in value: the memecoin (MEME), the Ordi token ($ORDI ), Solana-based Jupiter ($JUP ), Jito (JTO), and Dogwifhat ($WIF ).
#MemeWatch2024 #BTC #CMEBitcoinSpotTrading
#tokens likely to be listed on Binance
🗒 This list features projects that Binance has invested in but hasn't yet listed.
👀 If Binance is an investor, a #listing on their #exchange is likely just a matter of time, which could positively affect the token's price.
#MemeWatch2024 #BTC
🗒 This list features projects that Binance has invested in but hasn't yet listed.
👀 If Binance is an investor, a #listing on their #exchange is likely just a matter of time, which could positively affect the token's price.
#MemeWatch2024 #BTC
💰 Spot bitcoin ETF inflows in May have made up for April outflows: analyst
Inflows from spot bitcoin #exchange -traded funds (ETFs) in May have made up for last month's outflows, according to an ETF analyst. "The #BitcoinETFs have put together a solid two weeks with $1.3 billion in inflows, which offsets the entirety of the negative flows in April — putting them back around high water mark of +$12.3 billion net since launch," wrote Bloomberg's senior ETF analyst Eric Balchunas on the #socialmedia platform X.
#MemeWatch2024 #BTC
Inflows from spot bitcoin #exchange -traded funds (ETFs) in May have made up for last month's outflows, according to an ETF analyst. "The #BitcoinETFs have put together a solid two weeks with $1.3 billion in inflows, which offsets the entirety of the negative flows in April — putting them back around high water mark of +$12.3 billion net since launch," wrote Bloomberg's senior ETF analyst Eric Balchunas on the #socialmedia platform X.
#MemeWatch2024 #BTC
Nigerian Court Denies Bail for Binance Executive
🇳🇬 On May 17, the Federal High Court in Abuja denied a bail request for Tigran Gambaryan, Vice President of Global Intelligence and Investigations at Binance, as reported by local media.
⚖️ The judge, after a thorough review of the application, determined that the accused was unlikely to appear in court if released on bail.
👀 Earlier, Binance CEO #RichardTeng appealed to Nigerian authorities for Gambaryan's release, describing the arrest as a tactic to pressure the exchange and alleging an extortion attempt by "unknown individuals." The government refuted any bribery allegations.
Nadeem Anjarwalla, Binance's director for West and East Africa, who was detained alongside Gambaryan, managed to escape custody to Kenya. However, #Nigerian authorities tracked him down and are arranging his extradition.
🧐 Gambaryan and Anjarwalla face charges of tax evasion and using the #exchange to launder nearly $21.6 billion.
#MemeWatch2024 #BTC
🇳🇬 On May 17, the Federal High Court in Abuja denied a bail request for Tigran Gambaryan, Vice President of Global Intelligence and Investigations at Binance, as reported by local media.
⚖️ The judge, after a thorough review of the application, determined that the accused was unlikely to appear in court if released on bail.
👀 Earlier, Binance CEO #RichardTeng appealed to Nigerian authorities for Gambaryan's release, describing the arrest as a tactic to pressure the exchange and alleging an extortion attempt by "unknown individuals." The government refuted any bribery allegations.
Nadeem Anjarwalla, Binance's director for West and East Africa, who was detained alongside Gambaryan, managed to escape custody to Kenya. However, #Nigerian authorities tracked him down and are arranging his extradition.
🧐 Gambaryan and Anjarwalla face charges of tax evasion and using the #exchange to launder nearly $21.6 billion.
#MemeWatch2024 #BTC
Binance Burns Additional Terra Luna Classic (LUNC) Tokens After Monthly Burn
The world’s largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto #exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently. After the latest burn by Binance, the total #LUNC✅ burned by the crypto exchange to date has now surpassed over 59 billion.
Moreover, the total LUNC tokens burned by the #TerraLunaClassic community has reached over 113 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly $LUNC burn mechanism.
#GME #BTC
The world’s largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto #exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently. After the latest burn by Binance, the total #LUNC✅ burned by the crypto exchange to date has now surpassed over 59 billion.
Moreover, the total LUNC tokens burned by the #TerraLunaClassic community has reached over 113 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly $LUNC burn mechanism.
#GME #BTC
Coinbase is set to enter #Australia 's superannuation market, which exceeds $600 billion.
The #exchange is developing a service specifically for non-state pension funds, which comprise a quarter of the country’s entire pension system, #Bloomberg reports.
#notcoin #BTC
The #exchange is developing a service specifically for non-state pension funds, which comprise a quarter of the country’s entire pension system, #Bloomberg reports.
#notcoin #BTC
