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THE US PRODUCER PRICE INDEX PPI RELEASED The first reaction of Bitcoin (BTC) and Dollar (DXY) after the incoming PPI Bitcoin started the week with an increase before the US PPI and CPI data and dropped above $ 63,000, fell back to $ 61,000 levels. While these volatile movements in BTC continue, important economic data is being followed in the crypto market this week. The data disclosed is as follows: Core Producer Price Index (Monthly): Announced 0.5% – Expected 0.2% – Previous 0.2% Core Producer Price Index (Annual): Announced 2.4% – Expected 2.4% – Previous 2.4% Producer Price Index (Monthly): Announced 0.5% – Expected 0.3% – Previous 0.2% Producer Price Index (Annual): Announced 2.2% – Expected 2.2% – Previous 2.1% $BTC #ETFvsBTC #MicroStrategy #BTC🔥🔥🔥🔥🔥
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US SENATOR CYNTHIA LUMMIS DEFENDS CRYPTO WALLET DEVELOPERS Cryptocurrency wallet developers are not to blame for the flow of criminal assets Two senators have sent a letter to the U.S. Attorney General accusing the Treasury Department's Financial Crimes Enforcement Agency (FinCEN) of bias against crypto regulation. The letter was authored by Senators Cynthia Lummis (Cynthia Lummis) and Ron Wyden (Ron Wyden). In a letter to Attorney General Merrick Garland, the congressmen assert that FinCEN unreasonably criminalizes the circulation of digital assets and prevents the emergence of responsible financial innovation "The Biden Administration is promoting and supporting FinCEN's interpretation of U.S. law alien to the crypto community, which is wrong in law and undermines the entrepreneurial foundations that have made America a global economic leader. Wallet software is no more to blame for illicit finance than a highway is to blame for a bank robber fleeing in a car. We are deeply committed to ensuring that every American has the ability to store their own digital assets and that the emerging industry has the opportunity to operate legally in our country." Senators believe that FinCEN's new expansive interpretation of crypto-regulatory and financial crime laws, as demonstrated by FinCEN's criminal cases against the developers of the Samourai and Tornado Cash mixing services, is intended to target programmers and innovators. Rather than focusing on the attackers who steal digital assets. "We are concerned that the DOJ's interpretation will treat software developers as criminals - for simply writing and publishing code used by others. This is a dangerous legal precedent that is contrary to U.S. law and has unpredictable consequences," the senators lamented. #ETFvsBTC #Memecoins #altcoins #MicroStrategy
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The Significance of May 13th in the Ripple vs. SEC lawsuit The legal battle between Ripple and the US SEC began in December 2020. The SEC alleged that Ripple sold XRP, a digital asset it primarily distributes, as an unregistered security. The blockchain payments company contends that XRP is a currency and therefore not subject to securities regulations. The legal outcome has far-reaching consequences for both Ripple and the entire cryptocurrency industry. Why is May 13 important? May 13 is the deadline for the parties and any third parties involved in the case to file “consolidated mail motions to seal all documents related to the case.” briefings related to corrective measures. This means that all parties will submit requests to designate specific parts of legal documents as confidential, preventing them from being disclosed to the public. After the May 13 deadline, there will be a period of time for parties to object to these confidentiality requests and the final decision on redaction will rest with the court. Publicly redacted versions of the filing will then be made available by May 27. $XRP #notcoin #ripple #xrp
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TON IS GOING TO MAKE US ALL RICH 💰 A few weeks ago binance news wrote an article able $NOT the revolutionary Tap2Earn game on TON, I played this game for 3 months and accumulated 65 million NOTCOIN which was converted to 60500 NOTCOIN I suspected binance would list NOT and here we are. NOTCOIN's ironic slogan "probably nothing" turns out to be as ironic as they come. TON reacted to the listing by pumping to $7 if you don't already have TON you should get it. I suspect TON will be listed on binance spot market soon and the TON Network will be available on binance too. Currently TON can only be traded on binance futures explore the TON ecosystem, there are a lot of opportunities like NOT inform of a mini app on TG. check my post and join as many airdrops as you can and enjoy these giveaways. #BTC #NotcoinLaunchpool #BinanceLaunchpool
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TON ECOSYSTEM IS GOING TO MAKE US ALL RICH 💰 A few weeks ago binance news wrote an article able $NOT the revolutionary Tap2Earn game on TON, I played this game for 3 months and accumulated 65 million NOTCOIN which was converted to 60500 NOTCOIN I suspected binance would list NOT and here we are. NOTCOIN's ironic slogan "probably nothing" turns out to be as ironic as they come. TON reacted to the listing by pumping to $7 if you don't already have TON you should get it. I suspect TON will be listed on binance spot market soon and the TON Network will be available on binance too. Currently TON can only be traded on binance futures explore the TON ecosystem, there are a lot of opportunities like NOT inform of a mini app on TG. check my post and join as many airdrops as you can and enjoy these giveaways. #BTC #NotcoinLaunchpool #BinanceLaunchpool
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