LIVETheblue_whale
@BlueW
"Hi there! I'm [ZG-fais], a passionate cryptocurrency enthusiast and investor.
تتابع
المتابعون
إعجاب
تمّت مُشاركتها
ترجمة
Which coin do you have in your list?
Xrp
Polkadot
ADA
Doge
18 ساعة (ساعات) مُتبقية
ترجمة
SEC Drops Investigation into Stablecoin Issuer Paxos
The U.S. Securities and Exchange Commission (SEC) appears to be pulling back on its stablecoin crackdown.
On July 11, Paxos announced it received a “termination notice” from the SEC regarding the regulator’s investigation into BUSD, the Binance-affiliated stablecoin issued by Paxos, on July 9.
The notice said that the SEC will not recommend enforcement action against Paxos, suggesting the SEC determined that BUSD does not comprise a security asset.
Despite being pegged to the U.S. dollar, the SEC had argued that the stablecoin acted as an investment contract, and thus a security.
“Paxos Trust Company has always maintained that its USD-backed stablecoins are not securities under federal securities laws and that the Wells Notice was unwarranted and unjustified,” Paxos said. “We believe this development will unlock a new wave of stablecoin adoption by leading global enterprises.”
The move comes nearly 18 months after the SEC issued a Wells Notice to Paxos in February 2023. A Wells Notice is a letter sent by the SEC to notify an entity it has completed an investigation and plans to bring enforcement action against them.
The notice coincided with the New York Department of Financial Services ordering Paxos to cease issuing BUSD. The market cap of BUSD has since tumbled more than 95.5% to just $69.5 million from $15.9 billion, according to CoinGecko.
On July 11, Paxos announced it received a “termination notice” from the SEC regarding the regulator’s investigation into BUSD, the Binance-affiliated stablecoin issued by Paxos, on July 9.
The notice said that the SEC will not recommend enforcement action against Paxos, suggesting the SEC determined that BUSD does not comprise a security asset.
Despite being pegged to the U.S. dollar, the SEC had argued that the stablecoin acted as an investment contract, and thus a security.
“Paxos Trust Company has always maintained that its USD-backed stablecoins are not securities under federal securities laws and that the Wells Notice was unwarranted and unjustified,” Paxos said. “We believe this development will unlock a new wave of stablecoin adoption by leading global enterprises.”
The move comes nearly 18 months after the SEC issued a Wells Notice to Paxos in February 2023. A Wells Notice is a letter sent by the SEC to notify an entity it has completed an investigation and plans to bring enforcement action against them.
The notice coincided with the New York Department of Financial Services ordering Paxos to cease issuing BUSD. The market cap of BUSD has since tumbled more than 95.5% to just $69.5 million from $15.9 billion, according to CoinGecko.
ترجمة
Squarespace Hack: the Fallout
The crypto industry woke up to the news of the Compound Finance website hack. While not much of a hassle except for the initial inconvenience of accessing the site, users’ funds were deemed safe. The same fate that befell Compound Finance is also posing a threat to inter-layer communication protocol Celer Network.
Besides these two protocol, crypto users are advised to steer clear of Pendle Finance, DYDX Exchange, and Mendi Finance. After sustained growth trends seen over the past few weeks, the Squarespace Hack is also a threat to Polymarket. The prediction marketplace is also at risk as Squarespace powers the platform.
Hacks and exploits are not uncommon in the digital currency ecosystem. As previously reported by Coingape, a number of related exploits have made headlines over the past quarter. From the hack of Japanese firm DMM Bitcoin to the hijack of the X account of 50 Cents, the threat has grown over time
The crypto industry woke up to the news of the Compound Finance website hack. While not much of a hassle except for the initial inconvenience of accessing the site, users’ funds were deemed safe. The same fate that befell Compound Finance is also posing a threat to inter-layer communication protocol Celer Network.
Besides these two protocol, crypto users are advised to steer clear of Pendle Finance, DYDX Exchange, and Mendi Finance. After sustained growth trends seen over the past few weeks, the Squarespace Hack is also a threat to Polymarket. The prediction marketplace is also at risk as Squarespace powers the platform.
Hacks and exploits are not uncommon in the digital currency ecosystem. As previously reported by Coingape, a number of related exploits have made headlines over the past quarter. From the hack of Japanese firm DMM Bitcoin to the hijack of the X account of 50 Cents, the threat has grown over time
ترجمة
On the daily timeframe of the XRP/USDT chart, the price has been on a gradual decline recently, breaking below the $0.5 level and falling as low as $0.37.
$XRP
$XRP
ترجمة
While bitcoin (BTC) has struggled mightily over the past months, with its price falling more than 20% since hitting a record high in mid-March, U.S. stocks – as represented by the Nasdaq Composite and the S&P 500 – have seemingly been on a one-way path higher.
Both of those equity averages closed in the green for the seventh consecutive day on Wednesday, with both hitting all-time highs. For the S&P 500, it was its 37th record close of 2024 and for the Nasdaq, its 27th, according to MarketWatch.$BTC $
Both of those equity averages closed in the green for the seventh consecutive day on Wednesday, with both hitting all-time highs. For the S&P 500, it was its 37th record close of 2024 and for the Nasdaq, its 27th, according to MarketWatch.$BTC $
ترجمة
🇺🇸 U.S. Inflation Drops to 3% in June, Lowest Level Since Early 2021
U.S. inflation fell to 3% in June, the lowest since early 2021, due to lower prices for gas, airline fares, used cars, and groceries. This might impact the Fed’s interest rate decisions.
U.S. inflation fell to 3% in June, the lowest since early 2021, due to lower prices for gas, airline fares, used cars, and groceries. This might impact the Fed’s interest rate decisions.
ترجمة
JUST IN: 🇺🇸 SEC officially ends investigation into stablecoin issuer Paxos, declares $BUSD is not a security.
ترجمة
MARKET UPDATE: $BTC
The price surged following a successful retest of the triangle pattern. It has now returned for another retest above the triangle. If this retest is successful, it would confirm a bullish trend. However, a failed retest could indicate a short-term market correction.$BTC
The price surged following a successful retest of the triangle pattern. It has now returned for another retest above the triangle. If this retest is successful, it would confirm a bullish trend. However, a failed retest could indicate a short-term market correction.$BTC
ترجمة
BREAKING: 🇺🇸 US inflation falls to 3.0%, lower than expectations after 3.3% previous reading
ترجمة
🚨 URGENT: The Compound Labs website (compound[.]finance) has been compromised.
Please do not visit the website or clink any links until further notice. An update will be provided when available.🚨
Please do not visit the website or clink any links until further notice. An update will be provided when available.🚨
ترجمة
Market Analysis
July 11, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
BTC has re-entered the triangle pattern after a false breakout and is currently trading below the horizontal resistance. A rejection at this level is possible, but a successful breakout and retest of the horizontal resistance would serve as bullish confirmation.
$BTC
July 11, 2024
➖➖➖➖➖
⚪️TECHNICAL (4H)
BTC has re-entered the triangle pattern after a false breakout and is currently trading below the horizontal resistance. A rejection at this level is possible, but a successful breakout and retest of the horizontal resistance would serve as bullish confirmation.
$BTC
ترجمة
July 11, 2024
MARKET ANALYSIS:
Market Cap: $2.13 Trillion
24h Volume: $59.18 Billion
BTC Dominance: 53.5%
ETH Dominance: 17.4%
🔸BK® Health Standard: 5.4 (1 to 10)
🔸BK® Sentiment: 51% (-100% to 100%)
➖➖➖➖➖➖➖
BINANCE ANALYSIS (USDT pairs):
Top Gainers
1. IQ: +14%
2. CTXC: +10%
3. SC: +9%
Top Losers
1. ZRO: -11%
2. IRIS: -10%
3. CVP: -8%
BINANCE FUTURES:
Top Gainers
1. MAVIAUSDT: +14%
2. STXUSDT: +8%
Top Losers
1. ZROUSDT: -11%
2. DYMUSDT: -8%
LARGEST VOLUME (24h)
1. BTC/USDT ($24800m)
2. ETH/USDT ($13600m)
DAILY OUTLOOK
IQ, CTXC, and SC are leading the market as the top gainers. Meanwhile, BTC is confined to a narrow trading range, highlighting the prevailing market indecision. For a definitive bullish signal, bulls must reclaim the $58,500 level.
MARKET ANALYSIS:
Market Cap: $2.13 Trillion
24h Volume: $59.18 Billion
BTC Dominance: 53.5%
ETH Dominance: 17.4%
🔸BK® Health Standard: 5.4 (1 to 10)
🔸BK® Sentiment: 51% (-100% to 100%)
➖➖➖➖➖➖➖
BINANCE ANALYSIS (USDT pairs):
Top Gainers
1. IQ: +14%
2. CTXC: +10%
3. SC: +9%
Top Losers
1. ZRO: -11%
2. IRIS: -10%
3. CVP: -8%
BINANCE FUTURES:
Top Gainers
1. MAVIAUSDT: +14%
2. STXUSDT: +8%
Top Losers
1. ZROUSDT: -11%
2. DYMUSDT: -8%
LARGEST VOLUME (24h)
1. BTC/USDT ($24800m)
2. ETH/USDT ($13600m)
DAILY OUTLOOK
IQ, CTXC, and SC are leading the market as the top gainers. Meanwhile, BTC is confined to a narrow trading range, highlighting the prevailing market indecision. For a definitive bullish signal, bulls must reclaim the $58,500 level.
ترجمة
The crypto prices today have carried an uncertain momentum, piquing significant investor attention. Bitcoin (BTC) reverted its recent gains to rest at the $57K mark, while Ethereum (ETH) and Solana (SOL) dipped into the red zone, battling volatility. However, XRP traded in the green zone today, followed by Stack (STX) and Lido DAO (LDO), surfacing as the day’s top gainers.
Besides, the global crypto market cap witnessed a 0.56% decline to reach $2.12 trillion today. Moreover, the total crypto market volume from yesterday saw a slight 1.49% decrease to $63.61 billion.
Besides, the global crypto market cap witnessed a 0.56% decline to reach $2.12 trillion today. Moreover, the total crypto market volume from yesterday saw a slight 1.49% decrease to $63.61 billion.
ترجمة
NEWS
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval.$SOL #BTC_Bounce_Back_to_57k #Ton_Coin_Surge #VanEck_SOL_ETFS
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval.$SOL #BTC_Bounce_Back_to_57k #Ton_Coin_Surge #VanEck_SOL_ETFS
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع مُنشِئي المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف
المواضيع الرائجة
BinanceTurns7
1M مشاهدات
616 منشور
#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions:
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends.
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends.
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
- No refunds or cash equivalent value of the rewards will be granted.
Binance Square Official
1k إعجاب
40.4k مشاهدات
BinanceTournament"
1.6M مشاهدات
1,158 منشور
solana
15.8M مشاهدات
15,779 منشور
