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❗️BREAKING NEWS 🔥🔥 ❗️SEC Has Sent An Offcial Letter To Sue ❗️Uniswap $UNI Uniswap founder Hayden Adams announced on Wednesday that the SEC had sent a Wells notice to Uniswap Labs, requesting compliance with the law “I’m not surprised. I just feel uncomfortable and disappointed, but we’re ready to face the challenge. I believe that the products we provide are legal and we are doing the right thing historically.” Said Hayden Adams. Adams also expressed dissatisfaction with the SEC focusing on dealing with companies like Uniswap and Coinbase instead of addressing cases like FTX Looks Like SEC Is going after everything in the crypto space. What do you think ?? #SEC #UNISWAP #write2earn

❗️BREAKING NEWS 🔥🔥

❗️SEC Has Sent An Offcial Letter To Sue

❗️Uniswap $UNI

Uniswap founder Hayden Adams announced on Wednesday that the SEC had sent a Wells notice to Uniswap Labs, requesting compliance with the law

“I’m not surprised. I just feel uncomfortable and disappointed, but we’re ready to face the challenge. I believe that the products we provide are legal and we are doing the right thing historically.” Said Hayden Adams.

Adams also expressed dissatisfaction with the SEC focusing on dealing with companies like Uniswap and Coinbase instead of addressing cases like FTX

Looks Like SEC Is going after everything in the crypto space. What do you think ??

#SEC #UNISWAP #write2earn

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BITCOIN TO TRADE AT 74K BUT DONT HOLD YOUR BREATH SAID REKT CAPITAL Rekt Capital assessment of the situation on the crypto market Large investors continue to actively accumulate bitcoin coins. However, more and more industry experts are expressing the opinion that the main digital coin should not expect rapid growth in the near future. A popular crypto analyst Rekt Capital adheres to a similar point of view. He believes that now the market needs a certain pause and the market of digital assets is very likely to continue to move in global consolidation. The specialist noted that the quotes managed to hold the critical support area of $60,000. From this level formed a strong bullish impulse, within which bitcoin rose in price by almost 7% over the past day. This situation indicates that strong buyers have become active in the market conditions. Indirect support for the segment of digital assets was provided by macroeconomic data, which yesterday came from the United States. According to the current information, the consumer price index slowed down to 3.4%. The current situation makes it possible to talk about a potentially sustainable decline in inflation. This is a positive sign, which may push the Federal System to soon soften monetary policy. A number of economists assume that already in September this year the American regulator will reduce the refinancing rate for the first time in a long time. In conclusion, Rekt Capital emphasized that in the foreseeable future bitcoin will return to the historical extreme, which was set at $73,800 in March this year. However, it may take "several weeks" for such a scenario to materialize. Bitcoin is currently trading above the $66,500 area. The market capitalization of the coin is estimated at more than $1.3 trillion. Trading volumes over the previous 24 hours amounted to $41.2 billion. #MicroStrategy #BTC #GME #ETHETFS
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ANOTHER AMERICAN REGULATORY DRAMA Republican Wiley Nickel: "SEC has turned cryptocurrency regulation into a political soccer" North Carolina Democratic U.S. Congressman Wiley Nickel accused the U.S. SEC of being biased against the cryptocurrency sector and unwilling to fulfill its mandate to protect investors. In a letter sent to SEC Chairman Gary Gensler, Wiley Nickel said the regulator is contradicting its mission to protect investors. The agency is exceeding its authority by attempting to adopt Statement of Accounting Bulletin 121 (SAB 121), the letter said. Under SAB 121, financial institutions reporting to the SEC that hold cryptocurrencies must mark them as liabilities on the balance sheet. Nickel believes the rule will prevent U.S. banks from holding large amounts of cryptocurrency-related products. This will create a "concentration risk" of funds with non-banks. Many U.S. investors will look for ways to store deposits offshore, which could prove much riskier, the congressman fears. "The SEC's open hostility toward the crypto industry does not serve President Biden's interests. The SEC is turning cryptocurrency regulation into a political soccer and forcing Biden to decide which side to play on," Nickel wrote. The politician urged Gensler to withdraw SAB 121, even as he was confident that the Senate would pass a resolution to reject SAB 121 on the May 16 vote on the issue. Last week, the U.S. House of Representatives voted to pass a bill to repeal the Bulletin. #Memecoins #notcoin #BTC #altcoins
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