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🚨 BREAKING 🚨
THE 'DEPLOYING AMERICAN
BLOCKCHAINS ACT OF 2023'
HAS PASSED THE HOUSE.
THIS REMOVES THE POWER FROM
U.S. SEC OVER CRYPTO 🇺🇸
ACCORDING TO THIS HOUSE BILL,
THE SECRETARY OF DEPARTMENT
OF COMMERCE SHALL SERVE AS
THE PRINCIPAL ADVISOR TO
THE PRESIDENT REGARDING
BLOCKCHAIN TECHNOLOGY.
#MarketUpdate #SEC #US #2024 #ETHETFS #Pump $BTC $ETH
THE 'DEPLOYING AMERICAN
BLOCKCHAINS ACT OF 2023'
HAS PASSED THE HOUSE.
THIS REMOVES THE POWER FROM
U.S. SEC OVER CRYPTO 🇺🇸
ACCORDING TO THIS HOUSE BILL,
THE SECRETARY OF DEPARTMENT
OF COMMERCE SHALL SERVE AS
THE PRINCIPAL ADVISOR TO
THE PRESIDENT REGARDING
BLOCKCHAIN TECHNOLOGY.
#MarketUpdate #SEC #US #2024 #ETHETFS #Pump $BTC $ETH
$BTC Good morning everyone to a new week 🌸 #BTC closed the week at a good level. Bitcoin is continuing its upward movement and slowly approaching the resistance area. With the opening of the #US markets, there may be some movements. Last night, we will see how the death of the #Iran president and his delegation will affect the markets. It’s worth keeping an eye on. Best wishes and good profits to all 💐
$SOL $NOT
$SOL $NOT
🚨 BIG BREAKING 🚨
U.S. SEC HAVE ASKED EXCHANGES
TO UPDATE 19B-4 FILINGS ON AN
ACCELERATED BASIS FOR SPOT
ETHER ETFS: COINDESK
MANY ARE PREDICTING ETH SPOT
ETF APPROVAL ODDS TO 75%.
THIS IS GIGA BULLISH 🔥
#US #ETH #ETHETFS #Spot #MarketUpdate $ETH $BTC
U.S. SEC HAVE ASKED EXCHANGES
TO UPDATE 19B-4 FILINGS ON AN
ACCELERATED BASIS FOR SPOT
ETHER ETFS: COINDESK
MANY ARE PREDICTING ETH SPOT
ETF APPROVAL ODDS TO 75%.
THIS IS GIGA BULLISH 🔥
#US #ETH #ETHETFS #Spot #MarketUpdate $ETH $BTC
🦷🔥Leading US Dental Firm Now Accepts Shiba Inu Payments
The #US dentistry firm Amoré Orthodontic Aligners are now accepting #ShibaInu as pay, which is coming to understand another mainstream application for crypto.
Amoré, a company that demonstrates accuracy in orthodontic technology, has now accepted Shiba Inu as a paying method for Orthodontic Aligners, braces, holders and other services. This announcement follows closely on Shiba Inu's sponsorship of the Blockchain Futurist Conference in Canada and further hits the expanding arc in the token's main applications.
According to their website, Orthodontic Aligners is famous for providing affordable, indoor orthodontic care from U.S. board-certified specialists. The company's rapprochement is defined by the fact that an aligner is specially designed for individual smiles, patients receive personalization treatment plans. By offering complete lower and upper arc teleorthodontic treatment, they can change the high-quality appearance of the exterior and now make it reversible with Shiba Inu.
@DelCrxpto
Amoré, the new leader in smile technology, will accept $SHİB as pay for Orthodontic Aligners, braces, holders and more....
Shiba Inu Lead Enables More Growth
Also, in the midst of numerous ascension events, chief development officer Shytoshi Kusama, alias Shiba Inu, is giving hints of further developments in the ecosystem that are on the way.
The recent launch of Shibaswap on the market in Shibarium is a remarkable move. Kusama expressed her pride at the achievement and thanked contributions such as SHIB developer Kaal Dhairya. He also valued more recent projects, noting that the Shiba Inu Army should expect more progress in its ecosystem.
Another notable development in the Shiba Inu ecosystem was the transformation of the Welly Friends NFT project. Announced on social media, the Horizon is Expanding, offering hand-drawn images instead of previous 3D images. This artistic redesign is aimed at gaining people and charm who do not look like his Good Friend Nft.
#MemeWatch2024 #binance #SHIB
The #US dentistry firm Amoré Orthodontic Aligners are now accepting #ShibaInu as pay, which is coming to understand another mainstream application for crypto.
Amoré, a company that demonstrates accuracy in orthodontic technology, has now accepted Shiba Inu as a paying method for Orthodontic Aligners, braces, holders and other services. This announcement follows closely on Shiba Inu's sponsorship of the Blockchain Futurist Conference in Canada and further hits the expanding arc in the token's main applications.
According to their website, Orthodontic Aligners is famous for providing affordable, indoor orthodontic care from U.S. board-certified specialists. The company's rapprochement is defined by the fact that an aligner is specially designed for individual smiles, patients receive personalization treatment plans. By offering complete lower and upper arc teleorthodontic treatment, they can change the high-quality appearance of the exterior and now make it reversible with Shiba Inu.
@DelCrxpto
Amoré, the new leader in smile technology, will accept $SHİB as pay for Orthodontic Aligners, braces, holders and more....
Shiba Inu Lead Enables More Growth
Also, in the midst of numerous ascension events, chief development officer Shytoshi Kusama, alias Shiba Inu, is giving hints of further developments in the ecosystem that are on the way.
The recent launch of Shibaswap on the market in Shibarium is a remarkable move. Kusama expressed her pride at the achievement and thanked contributions such as SHIB developer Kaal Dhairya. He also valued more recent projects, noting that the Shiba Inu Army should expect more progress in its ecosystem.
Another notable development in the Shiba Inu ecosystem was the transformation of the Welly Friends NFT project. Announced on social media, the Horizon is Expanding, offering hand-drawn images instead of previous 3D images. This artistic redesign is aimed at gaining people and charm who do not look like his Good Friend Nft.
#MemeWatch2024 #binance #SHIB
Are Governments Suppressing Global Crypto Innovation?
- High taxes in India and the US have deterred new investments and interest in crypto, stifling innovation in these markets.
- Russia's crypto ban is pushing developers towards black markets, potentially strangling legitimate crypto development.
- China's 2017 crypto ban has led to a tepid ETF market, reflecting the long-term impact on innovation and investment in the sector.
The United States boasts the largest cryptocurrency market in the world, with its ETF market cap surpassing $72 billion as of May 14, 2024, driven by strong demand. Nevertheless, the US government has taken extensive measures to stifle the growth of the domestic crypto economy.
One significant move was New York's two-year ban on crypto mining, enacted despite the fact that much of the energy for crypto mining in the US is sourced from renewable resources. The New York Department of Financial Services implemented this ban, reflecting some of the toughest anti-crypto policies in the nation.
For those unfamiliar, crypto mining, particularly through proof of work, is a critical method for securing blockchain networks against hacks and exploits. This technology has ensured Bitcoin's resilience and security over the years.
In addition to the mining ban, there is a proposal to increase taxes on the electricity supplied to crypto miners by 30%, a move that would render Bitcoin mining economically unsustainable. This tax, introduced by the Biden administration, is referred to as the Digital Asset Mining Energy Tax (DAME).
Looking internationally, India imposed a 30% income tax on crypto earnings starting in April 2022, one of the highest such taxes globally. This law does not allow for offsetting profits with losses, meaning a $100 profit and a $100 loss in crypto transactions still incurs a $30 tax. This has severely impacted the crypto ecosystem in India, particularly harming NFT developers and entrepreneurs, leading to the decline of advanced NFT token standards like ERC 1155 and ERC 6551.
In Russia, the government has almost completely banned cryptocurrency to support the ruble, as reported by Anatoly Aksakov, Chairman of the Committee on Financial Affairs. While crypto mining is still permitted due to its potential to generate foreign exchange, the broader ban has adversely affected developers reliant on cryptocurrencies like Ethereum and Solana. This has also led to the rise of black markets and financial crimes, as many are forced to turn to these illicit avenues to redeem their earnings.
China's crypto ban from 2017 continues to have long-term repercussions. On April 30, 2024, Hong Kong launched its first spot Bitcoin ETF. However, investor confidence was low, influenced by the lingering fear of the 2017 crackdown. The ETFs attracted only $112 million on their first day, starkly contrasting with the $4.6 billion inflow seen by US spot Bitcoin ETFs on January 11, 2024.
Disclaimer: Voice of Crypto aims to provide accurate and current information but is not responsible for any missing facts or inaccuracies. Cryptocurrencies are highly volatile financial assets, so please conduct thorough research and make informed financial decisions.
#Russia #China #India #US #Crypto2024
- Russia's crypto ban is pushing developers towards black markets, potentially strangling legitimate crypto development.
- China's 2017 crypto ban has led to a tepid ETF market, reflecting the long-term impact on innovation and investment in the sector.
The United States boasts the largest cryptocurrency market in the world, with its ETF market cap surpassing $72 billion as of May 14, 2024, driven by strong demand. Nevertheless, the US government has taken extensive measures to stifle the growth of the domestic crypto economy.
One significant move was New York's two-year ban on crypto mining, enacted despite the fact that much of the energy for crypto mining in the US is sourced from renewable resources. The New York Department of Financial Services implemented this ban, reflecting some of the toughest anti-crypto policies in the nation.
For those unfamiliar, crypto mining, particularly through proof of work, is a critical method for securing blockchain networks against hacks and exploits. This technology has ensured Bitcoin's resilience and security over the years.
In addition to the mining ban, there is a proposal to increase taxes on the electricity supplied to crypto miners by 30%, a move that would render Bitcoin mining economically unsustainable. This tax, introduced by the Biden administration, is referred to as the Digital Asset Mining Energy Tax (DAME).
Looking internationally, India imposed a 30% income tax on crypto earnings starting in April 2022, one of the highest such taxes globally. This law does not allow for offsetting profits with losses, meaning a $100 profit and a $100 loss in crypto transactions still incurs a $30 tax. This has severely impacted the crypto ecosystem in India, particularly harming NFT developers and entrepreneurs, leading to the decline of advanced NFT token standards like ERC 1155 and ERC 6551.
In Russia, the government has almost completely banned cryptocurrency to support the ruble, as reported by Anatoly Aksakov, Chairman of the Committee on Financial Affairs. While crypto mining is still permitted due to its potential to generate foreign exchange, the broader ban has adversely affected developers reliant on cryptocurrencies like Ethereum and Solana. This has also led to the rise of black markets and financial crimes, as many are forced to turn to these illicit avenues to redeem their earnings.
China's crypto ban from 2017 continues to have long-term repercussions. On April 30, 2024, Hong Kong launched its first spot Bitcoin ETF. However, investor confidence was low, influenced by the lingering fear of the 2017 crackdown. The ETFs attracted only $112 million on their first day, starkly contrasting with the $4.6 billion inflow seen by US spot Bitcoin ETFs on January 11, 2024.
Disclaimer: Voice of Crypto aims to provide accurate and current information but is not responsible for any missing facts or inaccuracies. Cryptocurrencies are highly volatile financial assets, so please conduct thorough research and make informed financial decisions.
#Russia #China #India #US #Crypto2024
🔥💥 US inflation brought an increase in #Bitcoin : When will interest rate cuts come?
Inflation figures for April in the #US have been announced. The arrival of both headline and core inflation data as expected allowed Bitcoin to rise. There has been an increase of more than $ 2000 in the largest cryptocurrency. After the release of the figures, the markets started pricing in a 2pc interest rate cut for 2024.
The US Department of Labor (BLS) announced the highly anticipated inflation figures, while the annual inflation figure for April was 3.4%. The expectations were like this again. As expected, the increase in core inflation, one of the Fed's most important data, was 3.6%. Thus, it is the 37th in a row that inflation in the US is above 3%. the month has passed.
Will interest rate cuts come: the rise in Bitcoin
The announcement of the inflation data as expected brought a rise in Bitcoin. The largest cryptocurrency rose from levels of $ 62,500 to 64,600. After the figures, the markets started to price two interest rate cuts for 2024. December September and December, the expectation is that the Fed will cut rates by 25 basis points each. For the time being, the Fed is expected to cut rates by 25 basis points each.…
These figures also indicate that inflation has fallen for the 3rd time in a row. However, the opposite situation happened in the PPI in the US and the PPI data is the 3rd in a row. he also experienced a rise on the moon. The impact of this situation on consumer inflation will become clearer in the coming months.
The Fed, on the other hand, is currently implementing a wait-and-see strategy and, as chairman Powell said, continues to make decisions “from meeting to meeting”. The Fed's next meeting and interest rate decision will come on June 12.
#FED #BTC #binance
Inflation figures for April in the #US have been announced. The arrival of both headline and core inflation data as expected allowed Bitcoin to rise. There has been an increase of more than $ 2000 in the largest cryptocurrency. After the release of the figures, the markets started pricing in a 2pc interest rate cut for 2024.
The US Department of Labor (BLS) announced the highly anticipated inflation figures, while the annual inflation figure for April was 3.4%. The expectations were like this again. As expected, the increase in core inflation, one of the Fed's most important data, was 3.6%. Thus, it is the 37th in a row that inflation in the US is above 3%. the month has passed.
Will interest rate cuts come: the rise in Bitcoin
The announcement of the inflation data as expected brought a rise in Bitcoin. The largest cryptocurrency rose from levels of $ 62,500 to 64,600. After the figures, the markets started to price two interest rate cuts for 2024. December September and December, the expectation is that the Fed will cut rates by 25 basis points each. For the time being, the Fed is expected to cut rates by 25 basis points each.…
These figures also indicate that inflation has fallen for the 3rd time in a row. However, the opposite situation happened in the PPI in the US and the PPI data is the 3rd in a row. he also experienced a rise on the moon. The impact of this situation on consumer inflation will become clearer in the coming months.
The Fed, on the other hand, is currently implementing a wait-and-see strategy and, as chairman Powell said, continues to make decisions “from meeting to meeting”. The Fed's next meeting and interest rate decision will come on June 12.
#FED #BTC #binance
#US - #CPI (Apr):
MoM = +0.3% (expected +0.4% / previously +0.4%)
YoY = +3.4% (expected +3.4% / previously +3.5%)
Core CPI = +3.6% yoy (expected +3.6% / previously +3.8%)
Inflation is still confirmed at 3.4%.
This is very high from the level the #Fed is expecting.
On the back of yesterday's PPI there were expectations to see 3.5-3.6. But overall the situation is still complicated by the fact that there are no clear views on when the US will be able to control inflation, when the Fed will cut interest rates and when the situation will stabilize.
How long this decline in the #dollarindex will be within the medium term is unclear. We will watch the situation further
MoM = +0.3% (expected +0.4% / previously +0.4%)
YoY = +3.4% (expected +3.4% / previously +3.5%)
Core CPI = +3.6% yoy (expected +3.6% / previously +3.8%)
Inflation is still confirmed at 3.4%.
This is very high from the level the #Fed is expecting.
On the back of yesterday's PPI there were expectations to see 3.5-3.6. But overall the situation is still complicated by the fact that there are no clear views on when the US will be able to control inflation, when the Fed will cut interest rates and when the situation will stabilize.
How long this decline in the #dollarindex will be within the medium term is unclear. We will watch the situation further
The Producer Price Index (PPI) is like a thermometer for the economy, but instead of checking the temperature, it checks how much factories and producers are charging for their goods. Today, at 8:30 AM, it was reported that the PPI went up by 0.50% this month, which was higher than what people thought it would be at 0.30%. This is like expecting the price of flour to go up a little, but then it goes up even more, which could mean bread will be more expensive later.
When traders and businesses saw this, they got worried that prices overall might keep going up, so the stock market went down a bit. This is like when shopkeepers raise prices, and fewer people buy things because they're more expensive.
Then, Jerome Powell, who is like the head teacher of money in the U.S., spoke at 10 AM. He said not to worry too much because they think prices will start to calm down and not keep going up so fast. He's kind of promising that they won't make borrowing money (like taking a loan) more expensive for now. This made everyone relax a bit, and the market didn't fall further.
So, looking ahead to tomorrow when another important number, the Consumer Price Index (CPI), comes out—it’s like PPI but for everyday shoppers—the hope is that it won’t show a big jump in prices. Powell’s words also hinted that the interest rates, which affect how much it costs to borrow money, might go down soon. This is a bit like expecting that a bus ticket won’t cost more next month, which would make travel easier and cheaper for everyone.
BTC Dumping Price Will 58k 55k 53k 🩸
When traders and businesses saw this, they got worried that prices overall might keep going up, so the stock market went down a bit. This is like when shopkeepers raise prices, and fewer people buy things because they're more expensive.
Then, Jerome Powell, who is like the head teacher of money in the U.S., spoke at 10 AM. He said not to worry too much because they think prices will start to calm down and not keep going up so fast. He's kind of promising that they won't make borrowing money (like taking a loan) more expensive for now. This made everyone relax a bit, and the market didn't fall further.
So, looking ahead to tomorrow when another important number, the Consumer Price Index (CPI), comes out—it’s like PPI but for everyday shoppers—the hope is that it won’t show a big jump in prices. Powell’s words also hinted that the interest rates, which affect how much it costs to borrow money, might go down soon. This is a bit like expecting that a bus ticket won’t cost more next month, which would make travel easier and cheaper for everyone.
BTC Dumping Price Will 58k 55k 53k 🩸
🔴 #JoeBiden and the current #US government have been going after #crypto
Here’s what happened in the past few days 👇
🔶 Biden threatened to veto legislation allowing regulated financial institutions to custody crypto.
🔶 US Senators said that Biden was threatening to criminalize #Bitcoin software development in America, and sent them a letter to reverse it.
🔶 Biden halted a crypto mining firm from acquiring land near a Wyoming nuclear base, citing national security concerns.
Despite all these attacks, the crypto market is holding strong!
#TrendingTopic
Here’s what happened in the past few days 👇
🔶 Biden threatened to veto legislation allowing regulated financial institutions to custody crypto.
🔶 US Senators said that Biden was threatening to criminalize #Bitcoin software development in America, and sent them a letter to reverse it.
🔶 Biden halted a crypto mining firm from acquiring land near a Wyoming nuclear base, citing national security concerns.
Despite all these attacks, the crypto market is holding strong!
#TrendingTopic
#Producer #Prices in the #US #Rise More Than Expected
In April 2024, producer prices in the US increased by 0.5% month-over-month, following a downwardly revised 0.1% drop in March, significantly exceeding the forecast of 0.3%.
Prices for final demand goods rose by 0.4%, driven by a 5.4% increase in gasoline prices.
The cost of services increased by 0.6%, with the portfolio management index rising by 3.9%.
$BTC $ETH $BNB
#ETFvsBTC
In April 2024, producer prices in the US increased by 0.5% month-over-month, following a downwardly revised 0.1% drop in March, significantly exceeding the forecast of 0.3%.
Prices for final demand goods rose by 0.4%, driven by a 5.4% increase in gasoline prices.
The cost of services increased by 0.6%, with the portfolio management index rising by 3.9%.
$BTC $ETH $BNB
#ETFvsBTC
🦅 #US tops the charts for ‘crypto degen countries’!
In a recent survey by CoinGecko, the USA was found to be the most interested in smaller market-cap tokens.
Southeast Asian countries also rank high on these charts.
Do you see your country on this list? If yes, leave a flag 👇
#cryptodegens #smallmarketcap #USCrypto #TrendingTopic
In a recent survey by CoinGecko, the USA was found to be the most interested in smaller market-cap tokens.
Southeast Asian countries also rank high on these charts.
Do you see your country on this list? If yes, leave a flag 👇
#cryptodegens #smallmarketcap #USCrypto #TrendingTopic
$BTC $ETH $BNB
🛑🛑🛑 Urgent update breaking news
🔴 Released now:
💎 America - 🇺🇸
⚪ The general budget of the federal treasury
▪️ Previous: 236.0B-
▪️ Estimate: 244.5B
▫️ Current: 210.0B
⬅️ Result: negative for the US dollar
♥️ Thank you for Watching my Post ♥️
♥️You can support me with tips to provide better content♥️
#BTC #US #USD #Dollar #ETH
🛑🛑🛑 Urgent update breaking news
🔴 Released now:
💎 America - 🇺🇸
⚪ The general budget of the federal treasury
▪️ Previous: 236.0B-
▪️ Estimate: 244.5B
▫️ Current: 210.0B
⬅️ Result: negative for the US dollar
♥️ Thank you for Watching my Post ♥️
♥️You can support me with tips to provide better content♥️
#BTC #US #USD #Dollar #ETH
Both consumer prices and U.S. income are rising at a rate above pre-pandemic trends
The savings rate has also rebounded at 4.7% (though still well below the pre-pandemic average. translate 7%).
#Ufin #US #LucidHoang #pandemi
The savings rate has also rebounded at 4.7% (though still well below the pre-pandemic average. translate 7%).
#Ufin #US #LucidHoang #pandemi
US Treasury Secretary Yellen: No proposals to completely ban crypto activities, but a strong regulatory framework is needed.
#US #zero2hero #BTC #crypto2023
#Stablecoins
#US #zero2hero #BTC #crypto2023
#Stablecoins
