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Carypto King 5
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Good morning โœ… [claim free rewards ๐ŸŽ๐ŸŽ๐Ÿคฎ](https://www.binance.com/en/my/wallet/account/payment/binancepay/sharecryptoboxes?registerchannel=293258088532942848&ref=LIMIT_CB2B0LW2&theme=global&_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZER5bmFtaWM9dHJ1ZSZuZWVkTG9naW49ZmFsc2UmdXJsPWFIUjBjSE02THk5M2QzY3VZbWx1WVc1alpTNWpiMjB2ZTJ4aGJtZDlMMjE1TDNkaGJHeGxkQzloWTJOdmRXNTBMM0JoZVcxbGJuUXZZbWx1WVc1alpYQmhlUzl6YUdGeVpXTnllWEIwYjJKdmVHVnpQM0psWjJsemRHVnlZMmhoYm01bGJEMHlPVE15TlRnd09EZzFNekk1TkRJNE5EZ21jbVZtUFV4SlRVbFVYME5DTWtJd1RGY3lKblJvWlcxbFBXZHNiMkpoYkE9PQ==) As long as #Bitcoin doesn't drop below $55,000 I'm very confident that we have a chance for Bitcoin to rise above $80,000, what I don't want under any circumstances is to drop below $50,000, if that happens $74,000 is possible be the temporary top of this bull market. Altcoin season could be different from public expectations.

Good morning โœ…

claim free rewards ๐ŸŽ๐ŸŽ๐Ÿคฎ

As long as #Bitcoin doesn't drop below $55,000 I'm very confident that we have a chance for Bitcoin to rise above $80,000, what I don't want under any circumstances is to drop below $50,000, if that happens $74,000 is possible be the temporary top of this bull market. Altcoin season could be different from public expectations.

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๐Ÿšจ Breaking News: President Biden Stands by SEC Chair Amid Congressional Crypto Clash ๐Ÿšจ In a decisive move, President Joe Biden has expressed unwavering support for SEC Chairman Gary Gensler following the House's controversial vote to overturn a critical SEC accounting practice for cryptocurrencies. The House passed Joint Resolution 109 with a 228-182 vote, aiming to scrap the SEC's Staff Accounting Bulletin (SAB) 121, but Biden is ready to veto should it land on his desk. What's at Stake? - SAB 121 Overview: Enacted in April 2022, SAB 121 requires crypto custodians to reflect liabilities and corresponding assets for custodied cryptocurrencies on their balance sheets, a regulation intended to mitigate risks in crypto asset safeguarding. - Congressional Opposition: Spearheaded by Representatives Mike Flood and others, critics argue that SAB 121 was implemented without sufficient regulatory coordination and public input, challenging its legitimacy. - Administration's Stand: The Biden administration argues that limiting the SECโ€™s regulatory reach could spell financial instability and uncertainty in the burgeoning crypto market. Next Steps: - Senate Showdown: The resolution now heads to the Senate, where it faces an uphill battle, particularly without bipartisan backing. - Potential Veto: With Biden's veto threat looming, the resolutionโ€™s future is uncertain, highlighting the ongoing tug-of-war over crypto regulation. Implications: This development is a key moment in the crypto regulatory landscape, emphasizing the tension between innovation and regulation. As the situation unfolds, the crypto community, investors, and regulators will be watching closely. #CryptoRegulation #BidenSupportsGensler #SECCryptoAccounting #HouseResolution Stay tuned for more updates on this critical issue as we track its impact on the future of cryptocurrency regulation.
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