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Jack BlockchainJack
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🚀DeFi & Web 3 enthusiasts, gather 'round! A US judge rejected the SEC's appeal against Ripple, sending XRP's price up 5%! 🎉 But don't celebrate too hard, the SEC still has a chance after the April 2024 trial. 📅 👨‍⚖️Meanwhile, FTX founder Sam Bankman-Fried's trial kicks off, with the DOJ saying the lack of a clear crypto legal framework won't stop them from pressing fraud charges. 😱 🌐Lastly, the BIS introduces Project Atlas, a DeFi data platform that could shape future crypto regulation. 🌍 Got thoughts on these developments? Share 'em in the comments! 💬👇 #DeFi #Web3 #CryptoNews

🚀DeFi & Web 3 enthusiasts, gather 'round! A US judge rejected the SEC's appeal against Ripple, sending XRP's price up 5%! 🎉 But don't celebrate too hard, the SEC still has a chance after the April 2024 trial. 📅

👨‍⚖️Meanwhile, FTX founder Sam Bankman-Fried's trial kicks off, with the DOJ saying the lack of a clear crypto legal framework won't stop them from pressing fraud charges. 😱

🌐Lastly, the BIS introduces Project Atlas, a DeFi data platform that could shape future crypto regulation. 🌍

Got thoughts on these developments? Share 'em in the comments! 💬👇 #DeFi #Web3 #CryptoNews

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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📣Hey #CryptoTwitter, buckle up for a wild ride! 🎢 Bitcoin's been on a rollercoaster, tumbling to a 4-week low of $65,100. That's a 7.5% dip in a week! 📉 Smaller cryptos took a bigger hit, with the CoinDesk 20 Index shedding almost 12%. Ether, Solana, Avalanche, Cardano, and Near all saw 15%-20% declines. Ouch! 😵‍💫 This tumble liquidated nearly $180M of leveraged derivatives trading positions across all crypto assets in 24 hours. Talk about a shake-out! 💥 Just days ago, analysts were predicting a BTC breakout, but attempts for rallies were quickly sold off. What's up with that? 🤷‍♂️ The Fed's projection of only one rate cut this year and political uncertainty in Europe have put pressure on Bitcoin. Plus, selling from miners and profit-taking from long-time holders near the $70,000 area is weighing on the market. 🏋️‍♀️ What's your take on this? Drop your thoughts in the comments! 👇 #DeFi #Web3 #CryptoNews
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🚀🌕 Bitcoin to hit $1M by 2033? Bernstein thinks so! They've initiated coverage of MicroStrategy, the biggest corporate owner of Bitcoin, with an outperform rating and a $2,890 price target. 🎯 MicroStrategy, once a small software company, now owns 1.1% of the global Bitcoin supply, worth about $14.5B. 🤯 They've positioned themselves as an active leveraged Bitcoin strategy versus passive ETFs, and it's paying off. 💰 Their long-term convertible debt strategy gives them time to ride the Bitcoin wave with limited liquidation risk. 🏄‍♂️ Bernstein even bumped their 2025 Bitcoin estimate from $150k to $200k due to unprecedented demand from ETFs and constrained supply. 📈 What do you think? Is Bitcoin going to the moon or is this just a pipe dream? Let's chat in the comments! 🚀🌕👇 #DeFi #Web3 P.S. This tweet is not financial advice. Always do your own research. 😉
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🎉Party's over folks!🎉 U.S.-listed Bitcoin ETFs saw a whopping $226M outflow on Thursday. That's the 3rd day this week!😱 Reminds me of that end of April exodus. Fidelity's FBTC took the biggest hit with $106M withdrawal. Grayscale's GBTC and Ark Invest's ARKB weren't far behind with $62M and $53M outflows respectively.📉 But hey, not all was doom and gloom! BlackRock's IBIT actually saw an $18M inflow.📈 Valkyrie, Franklin Templeton, Hashdex and WisdomTree? No action there.🤷‍♂️ Wednesday was the only day with net inflow, adding $100M. All this amidst a volatile week for Bitcoin and the crypto market, thanks to the U.S. inflation report and Fed meeting. In total, $564M was taken out in three days. That's half of the $1.2B taken out in six days at the end of April. U.S. inflation was lower than expected, briefly pushing Bitcoin to $70K from $68K before it fell back under $67K. Traders probably cashed in on the spike.💰 What's your take on this rollercoaster ride?🎢 Share your thoughts below! #DeFi #Web3 #CryptoNews
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🚀 Anchorage Digital, the only crypto bank with a full OCC charter, just added a new power player to its board of directors. Connie Shoemaker, a former Goldman Sachs exec and current COO/CFO of Bridgewater Associates Holdings, has joined the team. 🎉 📈 Anchorage Digital is riding the wave of institutional interest in crypto, fueled by the approval of Bitcoin ETFs. Their business is booming, and they're expanding to meet the demand for secure, federally regulated digital asset infrastructure. 🏦 🔮 CEO Nathan McCauley believes Shoemaker's trad-fi experience will be "invaluable" to Anchorage Digital's growth. Her work building Goldman Sachs' commercial bank division is "highly applicable" to their mission. 🎯 👏 By adding Connie to the board, Anchorage Digital is doubling down on their commitment to advance the institutional ecosystem. Let's see how this move shakes up the DeFi and Web 3 world! 💥 What do you think? Will Connie's addition to the board be a game-changer? Drop your thoughts in the comments! 🗣️ #DeFi #Web3 #CryptoNews
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🚀🚀Breaking: SEC, Terraform Labs, and ex-CEO Do Kwon have agreed to a settlement, with a whopping $4.5 billion penalty and a ban on trading "crypto asset securities." Judge Jed Rakoff of SDNY approved the settlement, which is lower than SEC's initial $5.3 billion offer but way higher than Terraform's $1 million proposal. 🤯🤯 😂😂In a plot twist, Kwon, currently in custody in Montenegro, didn't even show up at the trial. Meanwhile, Terraform Labs is in Chapter 11 bankruptcy protection with around $150 million in assets. 🎉🎉Despite the drama, we remain optimistic about the potential of DeFi and Web 3.0. What are your thoughts on this settlement? Let's discuss in the comments! #DeFi #Web3.0 #CryptoNews
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