The SEC is also reviewing applications for funds, including Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust, and Invesco Galaxy Bitcoin ETF, which also entered a three-week comment period.
Going back to 2013, the SEC has long stonewalled proposals for a spot Bitcoin ETF. Nonetheless, the latest competition among firms vying to be the first to launch a Bitcoin ETF in the United States is seen by many as a bullish development for the crypto industry.
The potential SEC endorsement of a spot ETF would equate to a seal of approval for Bitcoin from the securities watchdog. Moreover, the regulatory green light would introduce a fresh capital inflow into the BTC market.
parādījās kā nopietni konkurenti, kas izaicina#Bitcoindominējošo stāvokli. Viens no šādiem pretendentiem ir #XRP, kas ir 4. lielākais kriptovalūtu projekts tirgū. Alkoinu pūlī XRP ir kļuvis par spēcīgu projektu. ko pārvalda #Ripple.
Well, what if I tell you how you can make a lot of money this month?
Most of you are asking me which #crypto coin you can invest in this month. I have done different analyzes and I can give 3 cryptos that could explode soon.
Today I leave you 3 new cryptos that could give you great profits.
1. LINK: The LINK price is at the market floor and its indicators are at oversold levels.
2. ICP: This currency is one to watch out for. It is located in an interesting shopping area.
3. AVAX: One of the coins that I will alway monitor. This coin is showing bullish strengths amid the bullish rally.
Ripple CEO: This Is Why the SEC Is Suing Coinbase and Binance
The US Securities and Exchange Commission made its way into the headlines in the past two days, by going after two of the largest cryptocurrency exchanges, alleging them of selling unregistered securities.
While the SEC Chair claims these actions are for the greater good of investors, the CEO of Ripple - Brad Garlinghouse - believes there's another reason.
FTX, Anyone?
In the span of just 24 hours, the SEC launched two high-tier lawsuits against tv of the industry's most prominent heavyweights - Binance and Coinbase.
Although they have some differences in the details, both lawsuits are quite similar in their core as they allege that the two exchanges are selling (and issuing in the case of Binance) unregistered securities in the form of various digital assets such as BNB, BUSD, SOL, MATIC, ADA, and others.
Interestingly, the lawsuits failed to mention Ripple's native token XRP even though the SEC has been in a legal battle against the blockchain company for over two years in regard to the same. Nevertheless, the firm's CEO, who has openly criticized the securities regulator multiple times in the past, decided to weigh in on the matter.
Garlinghouse didn't agree with Gary Gensler's official story that the Commission is working toward "pro-innovation." In fact, he asserted that the regulator is trying to make amends as it failed to prevent the loud FT. crash last year.
Moreover, Ripple's head further blamed Gensler and its agency for overreaching as they don't have the "power that he so desperately craves."
It's embarrassing to watch an unelected bureaucrat flail like this to mask the fact that he and his agency don't have the power that he so desperately craves. No one is fooled.
1 Brad Garlinghouse (@bgarlinghouse) June 6, 2023
What Did Gensler Say?
Gary Gensler was welcomed by the crypto community at first after his appointment, given his blockchain-related background. However, that all turned against those who hoped for clear and rapid regulations as he and his agency have failed to provide regulatory frameworks, unlike other countries.
While giving a couple of interviews following the latest lawsuits, Gensler said the SEC only has to prove that one of the aforementioned crypto assets is a security, which will start the domino effect.
"All we have to show is that one of them is a security, and they should be properly registering and having rule books against fraud and manipulation as an exchange, broker, and the like."
The post Ripple CEO: This is Why the SEC is Suing Coinbase and Binance appeared first on CryptoPotato.
How to become rich: Ten tips that you should apply from today
10 tips for investors to become rich
1) If you are an equity investor, don't try to time the market 2) Diversified portfolio 3) Liquid funds for financial contingency 4) Assured return options in your portfolio 5) Invest as much as you can in your EPF 6) Plans for your family when you are not around- Life and term insurance 7) Script your own financial expenditures 8) Carve your financial identity 9) Motivate yourself to become ‘financially’ independent 10) Do not fear a financial loss
now your question is why? just look at 3d RSI breaks support line and came back for a retest. I already added my position screenshot What will be my TP? I will explain. I will hold it for a long-term perspective. I know so many people will laugh at me for what I'm posting.
#bitcoin can go 20k dollars but I am not going to hold it for 20k dollars I will close it step by step.
Ieguldījums kriptovalūtā dažkārt var šķist milzīgs, it īpaši, izlemjot, kurā no tiem ieguldīt.
Veicot pareizu izpēti, jūs varat pieņemt lēmumus par monētām, kas var radīt ievērojamu peļņu gaidāmajā 2024. gada vēršu cīņā.
Nākamā Bull Run laikā Bitcoin varētu nopelnīt vairāk nekā divas reizes, līdz aptuveni 100 000 USD par vienu monētu.
Ir arī sagaidāms, ka līdz 2024. gadam eksponenciāli pieaugs daudz alt monētu. Šīm kriptovalūtām ir spēcīgs pielietojums un stabili pamati, kas padara tās par pievilcīgām investīcijām.
ZEMĀK ir 15 TOPĀKĀS MONĒTAS, KAS PAREDZĒS
1. Bitcoin
2. Ethereum
3. Matic
4. Kardano
5. Šiba
6. BNB
7. Mazuļi
8. Solana
9. Dožs
10. RDNT
11. ID
12. LTC
13. Agikss
14. Galā
15. Līna
Kura monēta, izņemot iepriekšminētās 15, jūsuprāt, eksplodēs?
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes.
BTC $25,895 to artificially stabilize the price of its BNB (BNB) token.
The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, who have accused Binance of intentionally manipulating the market to artificially inflate the value of BNB.
SEC pieprasīja iesaldēt Binance, CZ un to saistīto uzņēmumu līdzekļus, taču biržas juristi tam nepiekrīt.
Konkrēti, SEC cenšas iesaldēt aktīvus, kas pašlaik atrodas Binance.US strādājošo uzņēmumu kontos. Šajā gadījumā BAM Management US Holdings un BAM Trading Services,
Binance juridiskā komanda lūgumu iesaldēt tās līdzekļus raksturo kā "drakonisku un nepareizu" SEC darbību.
Iepriekš aģentūra bija paziņojusi, ka tā rīkojas "klientu labākajās interesēs", kā arī lai neļautu "atbildētājiem iznīcināt, mainīt vai slēpt ar tiesvedību saistītus ierakstus".
For now, in the weekly chart we have seen a clear bearish force, breaking support levels at $260 and with the intention of continuing to fall to the next support point at $210.
For Binance, everything that happened with the #SEC has been a headache, but just know that Binance It will continue at the foot of the canyon with crypto innovation and helping mass adoption.
2.1.Check the Crypto Project’s Website 2.2.Visit Their Social Media 2.3.Read the Crypto Project White Paper 2.4.analyse Crypto Project Team Members and Partnerships 2.5.Learn About the Project Stage 2.6.Check the Crypto Road Map 2.7.Potential Market and Use Cases 2.8.Tokenomics 2.9.Study the Price History
3.Conclusion
Pieraksties, lai skatītu citu saturu
Uzzini jaunākās kriptovalūtu ziņas
⚡️ Iesaisties jaunākajās diskusijās par kriptovalūtām
💬 Mijiedarbojies ar saviem iemīļotākajiem satura veidotājiem