SecGov
121,410 views
54 Posts
Hot
Latest
đš Update on Coinbase vs SEC Legal Battle đš
The first round of oral arguments has concluded, and the judge, Katherine Polk Failla, is impressed with Coinbase's grasp of the complex issues. The DeFi community's amicus brief, praised by the judge, argued that Coinbase's staking doesn't qualify as an unregistered security.
Judge Failla questioned the SEC's reliance on the Howey Test, citing crypto-supportive Senator Cynthia Lummis's perspective: "We've had 90 years where these securities laws have applied. But now we have something new." Coinbase contends the SEC's interpretation is too broad.
The company's lawyer argued, "I think there would have been a lot of surprise in the 1933/1934 Congress to find an investment contract didnât have anything to do with a contract at all."
Awaiting the judge's decision, legal experts suggest a 2 to 6-week timeframe. Will this case follow Ripple Labs' prolonged legal battle with the SEC? Stay tuned for updates!
#CryptoNews. #Coinbase. #SecGov #trendingtoday
The first round of oral arguments has concluded, and the judge, Katherine Polk Failla, is impressed with Coinbase's grasp of the complex issues. The DeFi community's amicus brief, praised by the judge, argued that Coinbase's staking doesn't qualify as an unregistered security.
Judge Failla questioned the SEC's reliance on the Howey Test, citing crypto-supportive Senator Cynthia Lummis's perspective: "We've had 90 years where these securities laws have applied. But now we have something new." Coinbase contends the SEC's interpretation is too broad.
The company's lawyer argued, "I think there would have been a lot of surprise in the 1933/1934 Congress to find an investment contract didnât have anything to do with a contract at all."
Awaiting the judge's decision, legal experts suggest a 2 to 6-week timeframe. Will this case follow Ripple Labs' prolonged legal battle with the SEC? Stay tuned for updates!
#CryptoNews. #Coinbase. #SecGov #trendingtoday
đš BREAKING: #SEC Chair Gary Gensler's statement on Spot #BitcoinETF approval.
"We approved the listing and trading of certain spot bitcoin ETP shares today, but it's crucial to note that we did not endorse bitcoin." đșđž
#BTC #etf #SecGov $BTC
"We approved the listing and trading of certain spot bitcoin ETP shares today, but it's crucial to note that we did not endorse bitcoin." đșđž
#BTC #etf #SecGov $BTC
The SEC has delayed rule change proposals from Cboe, NYSE and Nasdaq to list options related to the Bitcoin ETFs.
#TrendingTopic #Write2Earn⏠#SecGov #DaNuTRADING
#TrendingTopic #Write2Earn⏠#SecGov #DaNuTRADING
- đđđ đđ đđđđȘđ§đđ©đđđš đđŁđ đđđđđđŁđđ đŸđ€đąđąđđšđšđđ€đŁ (đđđŸ) đđš đđŁđ«đđšđ©đđđđ©đđŁđ đđ„đđŁđŒđ'đš đđŁđ©đđ§đŁđđĄ đđ€đđȘđąđđŁđ©đš.
- đđđ đđŁđ«đđšđ©đđđđ©đđ€đŁ đđš đđ€đđȘđšđđ đ€đŁ đŹđđđ©đđđ§ đđ„đđŁđŒđ đąđđšđĄđđ đđŁđ«đđšđ©đ€đ§đš.
- đđđ đđđŸ'đš đđŁđ©đđ§đđšđ© đšđ©đđąđš đđ§đ€đą đ©đđ đšđȘđđđđŁ đđđšđąđđšđšđđĄ đ€đ đŸđđ đđđą đŒđĄđ©đąđđŁ đđź đ©đđ đđ„đđŁđŒđ đđ€đđ§đ đđŁ đđ€đ«đđąđđđ§.
- đđ„đđŁđŒđ đđđđȘđšđđ đŒđĄđ©đąđđŁ đ€đ đ đĄđđđ đ€đ đđ€đŁđšđđšđ©đđŁđ© đđ€đŁđđšđ©đź đđŁ đđ€đąđąđȘđŁđđđđ©đđ€đŁ.
- đđđ đđ€đđ§đ đđđ đ„đ§đđ«đđ€đȘđšđĄđź đđđ„đ§đđšđšđđ đ đĄđ€đšđš đ€đ đđ€đŁđđđđđŁđđ đđŁ đŒđĄđ©đąđđŁ'đš đđđđĄđđ©đź đ©đ€ đĄđđđ đ©đđ đđ€đąđ„đđŁđź.
- đđ„đđŁđŒđ đđ€-đđ€đȘđŁđđđ§ đđ§đđ đœđ§đ€đđ đąđđŁ đđŁđŁđ€đȘđŁđđđ đđđš đđđ„đđ§đ©đȘđ§đ đđ§đ€đą đ©đđ đđ€đąđ„đđŁđź đđ€đĄđĄđ€đŹđđŁđ đŒđĄđ©đąđđŁ'đš đđđšđąđđšđšđđĄ.
#SecGov #OpenAI #cryptonews
- đđđ đđŁđ«đđšđ©đđđđ©đđ€đŁ đđš đđ€đđȘđšđđ đ€đŁ đŹđđđ©đđđ§ đđ„đđŁđŒđ đąđđšđĄđđ đđŁđ«đđšđ©đ€đ§đš.
- đđđ đđđŸ'đš đđŁđ©đđ§đđšđ© đšđ©đđąđš đđ§đ€đą đ©đđ đšđȘđđđđŁ đđđšđąđđšđšđđĄ đ€đ đŸđđ đđđą đŒđĄđ©đąđđŁ đđź đ©đđ đđ„đđŁđŒđ đđ€đđ§đ đđŁ đđ€đ«đđąđđđ§.
- đđ„đđŁđŒđ đđđđȘđšđđ đŒđĄđ©đąđđŁ đ€đ đ đĄđđđ đ€đ đđ€đŁđšđđšđ©đđŁđ© đđ€đŁđđšđ©đź đđŁ đđ€đąđąđȘđŁđđđđ©đđ€đŁ.
- đđđ đđ€đđ§đ đđđ đ„đ§đđ«đđ€đȘđšđĄđź đđđ„đ§đđšđšđđ đ đĄđ€đšđš đ€đ đđ€đŁđđđđđŁđđ đđŁ đŒđĄđ©đąđđŁ'đš đđđđĄđđ©đź đ©đ€ đĄđđđ đ©đđ đđ€đąđ„đđŁđź.
- đđ„đđŁđŒđ đđ€-đđ€đȘđŁđđđ§ đđ§đđ đœđ§đ€đđ đąđđŁ đđŁđŁđ€đȘđŁđđđ đđđš đđđ„đđ§đ©đȘđ§đ đđ§đ€đą đ©đđ đđ€đąđ„đđŁđź đđ€đĄđĄđ€đŹđđŁđ đŒđĄđ©đąđđŁ'đš đđđšđąđđšđšđđĄ.
#SecGov #OpenAI #cryptonews
"Court Slams SEC's Regulations as 'Vague and Loosey-Goosey'"
SEC suffers another criticism in court as the Court of Appeals for the Fifth Circuit describes its rules as vague and âloosey-goosey.â
Read more on: https://thecryptobasic.com/2024/03/07/another-court-lambasts-sec-calls-its-rules-vague-and-loosey-goosey/
#SecGov #SEC #Crypto #CryptoNewsđđ°đ« #CryptoNewsUpdate
Read more on: https://thecryptobasic.com/2024/03/07/another-court-lambasts-sec-calls-its-rules-vague-and-loosey-goosey/
#SecGov #SEC #Crypto #CryptoNewsđđ°đ« #CryptoNewsUpdate
**US SEC Breaks Ground: Approval Granted for All Bitcoin ETFs!**
In a historic move on January 10, 2024, the United States Securities and Exchange Commission (SEC) made a groundbreaking decision, approving all Bitcoin spot exchange-traded funds (ETFs) simultaneously. This unprecedented move is set to reshape the landscape of cryptocurrency investment and marks a significant milestone for the industry.
The long-awaited approval comes after persistent efforts and lobbying from prominent players in the crypto space, including Grayscale, Bitwise, Hashdex, Valkyrie, Ark 21Shares, Invesco, and Fidelity. The SEC's decision signifies a pivotal moment for both institutional and individual investors, providing them with direct access to Bitcoin through ETFs.
This development is particularly noteworthy as it represents a paradigm shift in how investors can engage with the crypto market. Previously, the availability of such financial instruments was limited, but now, millions of investors have a simplified and regulated way to enter the cryptocurrency space.
The SEC's decision also comes amid heightened pressure on the regulatory body, evidenced by a recent surge in modified 19b-4 filings. This indicates a growing urgency within the crypto sector for regulatory action and acknowledgement.
As the cryptocurrency landscape continues to evolve, the approval of all Bitcoin ETFs by the SEC opens new possibilities for market participants. It remains to be seen how this decision will impact the broader financial ecosystem, but it undoubtedly signifies a major step forward for the integration of digital assets into traditional investment portfolios. Stay tuned for further developments as the crypto market embraces this transformative regulatory decision. đđ
#BitcoinETFđ°đ°đ° #SecGov #CryptoETFApprovalProcess $BTC #etf
In a historic move on January 10, 2024, the United States Securities and Exchange Commission (SEC) made a groundbreaking decision, approving all Bitcoin spot exchange-traded funds (ETFs) simultaneously. This unprecedented move is set to reshape the landscape of cryptocurrency investment and marks a significant milestone for the industry.
The long-awaited approval comes after persistent efforts and lobbying from prominent players in the crypto space, including Grayscale, Bitwise, Hashdex, Valkyrie, Ark 21Shares, Invesco, and Fidelity. The SEC's decision signifies a pivotal moment for both institutional and individual investors, providing them with direct access to Bitcoin through ETFs.
This development is particularly noteworthy as it represents a paradigm shift in how investors can engage with the crypto market. Previously, the availability of such financial instruments was limited, but now, millions of investors have a simplified and regulated way to enter the cryptocurrency space.
The SEC's decision also comes amid heightened pressure on the regulatory body, evidenced by a recent surge in modified 19b-4 filings. This indicates a growing urgency within the crypto sector for regulatory action and acknowledgement.
As the cryptocurrency landscape continues to evolve, the approval of all Bitcoin ETFs by the SEC opens new possibilities for market participants. It remains to be seen how this decision will impact the broader financial ecosystem, but it undoubtedly signifies a major step forward for the integration of digital assets into traditional investment portfolios. Stay tuned for further developments as the crypto market embraces this transformative regulatory decision. đđ
#BitcoinETFđ°đ°đ° #SecGov #CryptoETFApprovalProcess $BTC #etf
How do bitcoin etfs differ from investing in bitcoin directly?
Indirect Investment: When investing in a Bitcoin ETF, you are not directly purchasing Bitcoin. Instead, you are buying shares in a fund that holds a certain amount of Bitcoin.
This means that you do not have direct ownership of the cryptocurrency, and you cannot use the Bitcoin ETF as a currency or for other purposes.
Trading Platform: Bitcoin ETFs are traded on traditional securities exchanges, such as the New York Stock Exchange, while Bitcoin itself is traded on cryptocurrency exchanges.
This difference in trading platforms can impact the ease of trading and the availability of Bitcoin for different types of investors.
Custody and Storage: The financial institution managing the Bitcoin ETF is responsible for purchasing, storing, and safekeeping the Bitcoin on behalf of the ETF's investors.
In contrast, when investing in Bitcoin directly, you would need to manage your own private keys and wallets, which can be more complex and less secure than relying on a professional custodian.
Regulation and Taxation: Bitcoin ETFs are subject to traditional securities regulations, while Bitcoin itself is governed by cryptocurrency regulations.
This difference can impact the tax treatment of the investments and the way they are regulated by various authorities.
Pricing and Fees: The value of a Bitcoin ETF share reflects the performance of Bitcoin, but the share's value may not track the underlying Bitcoin's price precisely.
Additionally, Bitcoin ETFs may charge fees for management, custody, and other services, which can affect the overall return on investment.
When investing directly in Bitcoin, you would only need to consider the transaction fees and other costs associated with buying and selling the cryptocurrency.
In summary, while both Bitcoin ETFs and investing directly in Bitcoin provide exposure to the cryptocurrency's price movements, they differ in terms of indirect investment, trading platform, custody and storage, regulation and taxation, and pricing and fees.
#BTC #ETFsApproval #SecGov
Indirect Investment: When investing in a Bitcoin ETF, you are not directly purchasing Bitcoin. Instead, you are buying shares in a fund that holds a certain amount of Bitcoin.
This means that you do not have direct ownership of the cryptocurrency, and you cannot use the Bitcoin ETF as a currency or for other purposes.
Trading Platform: Bitcoin ETFs are traded on traditional securities exchanges, such as the New York Stock Exchange, while Bitcoin itself is traded on cryptocurrency exchanges.
This difference in trading platforms can impact the ease of trading and the availability of Bitcoin for different types of investors.
Custody and Storage: The financial institution managing the Bitcoin ETF is responsible for purchasing, storing, and safekeeping the Bitcoin on behalf of the ETF's investors.
In contrast, when investing in Bitcoin directly, you would need to manage your own private keys and wallets, which can be more complex and less secure than relying on a professional custodian.
Regulation and Taxation: Bitcoin ETFs are subject to traditional securities regulations, while Bitcoin itself is governed by cryptocurrency regulations.
This difference can impact the tax treatment of the investments and the way they are regulated by various authorities.
Pricing and Fees: The value of a Bitcoin ETF share reflects the performance of Bitcoin, but the share's value may not track the underlying Bitcoin's price precisely.
Additionally, Bitcoin ETFs may charge fees for management, custody, and other services, which can affect the overall return on investment.
When investing directly in Bitcoin, you would only need to consider the transaction fees and other costs associated with buying and selling the cryptocurrency.
In summary, while both Bitcoin ETFs and investing directly in Bitcoin provide exposure to the cryptocurrency's price movements, they differ in terms of indirect investment, trading platform, custody and storage, regulation and taxation, and pricing and fees.
#BTC #ETFsApproval #SecGov
"Coinbase Takes SEC to Court: Alleges Arbitrary Actions and Lack of Clarity in Crypto Regulations"
Coinbase, the US-based cryptocurrency exchange, has initiated legal action against the Securities and Exchange Commission (SEC), alleging that the regulatory body has acted arbitrarily and capriciously in refusing to adopt rules for clarifying oversight of the crypto industry. Coinbase asserts that the SEC has disregarded legal requirements in dismissing the company's formal rule-making petition for crypto regulations. The legal action, filed with the US Court of Appeals for the Third Circuit, contends that the SEC claims authority over crypto assets while refusing to establish new rules for their treatment, and the agency did not provide a clear explanation for rejecting Coinbase's petition in December.
According to Coinbase's legal representatives, the SEC's oversight of digital assets has been conducted through enforcement actions without a coherent framework. Gary Gensler, the SEC chairman, mentioned that the agency had been working on crypto rules, albeit not aligned with industry expectations, emphasizing the importance of maintaining discretion in setting rulemaking priorities. In response, Paul Grewal, Coinbase's legal officer, emphasized the lack of a clear reason for the SEC's inaction in the denial of the petition and stated that the public deserves an explanation and an opportunity to provide input.
The legal dispute between Coinbase and the SEC is separate from the ongoing court battle over allegations of running an unregistered exchange listing unregistered crypto securities. Both cases highlight the SEC's reluctance to formally define crypto securities, leaving the industry in uncertainty. Coinbase's lawsuit aims to dismiss the SEC's previous disapproval and compel the agency to initiate new crypto rulemaking or provide a substantiated rationale for its position.
The SEC has faced mixed outcomes in crypto-related court cases, experiencing defeats against Ripple and Grayscale but succeeding in an insider-trading case involving a former Coinbase employee. The industry closely watches these legal developments as they may shape the treatment of crypto exchanges under US securities law. The legal landscape is dynamic, with the potential for appeals and overturned decisions on the way to potential review by the US Supreme Court.
#TrendingTopic #SecGov
According to Coinbase's legal representatives, the SEC's oversight of digital assets has been conducted through enforcement actions without a coherent framework. Gary Gensler, the SEC chairman, mentioned that the agency had been working on crypto rules, albeit not aligned with industry expectations, emphasizing the importance of maintaining discretion in setting rulemaking priorities. In response, Paul Grewal, Coinbase's legal officer, emphasized the lack of a clear reason for the SEC's inaction in the denial of the petition and stated that the public deserves an explanation and an opportunity to provide input.
The legal dispute between Coinbase and the SEC is separate from the ongoing court battle over allegations of running an unregistered exchange listing unregistered crypto securities. Both cases highlight the SEC's reluctance to formally define crypto securities, leaving the industry in uncertainty. Coinbase's lawsuit aims to dismiss the SEC's previous disapproval and compel the agency to initiate new crypto rulemaking or provide a substantiated rationale for its position.
The SEC has faced mixed outcomes in crypto-related court cases, experiencing defeats against Ripple and Grayscale but succeeding in an insider-trading case involving a former Coinbase employee. The industry closely watches these legal developments as they may shape the treatment of crypto exchanges under US securities law. The legal landscape is dynamic, with the potential for appeals and overturned decisions on the way to potential review by the US Supreme Court.
#TrendingTopic #SecGov
Hey traders hope you're doing good. I have to say that take your trades smartly because the market is very violate, especially after the recent #SecGov fake tweet. So stay safe
#etf #BTC #SECApprovalJourney
#etf #BTC #SECApprovalJourney
Absolutely yes
58%
No
15%
Not sure
27%
52 votes âą Voting closed
"Coinbase Vs SEC: 4 Potential Outcomes"
With the hearing for the Coinbase and SEC lawsuit scheduled for tomorrow, top legal expert James Murphy has provided four potential outcomes of the case.
Read more on: https://thecryptobasic.com/2024/01/16/legal-expert-outlines-4-potential-outcomes-of-coinbase-vs-sec-lawsuit/
#CoinbaseVsSEC #SecGov #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/16/legal-expert-outlines-4-potential-outcomes-of-coinbase-vs-sec-lawsuit/
#CoinbaseVsSEC #SecGov #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
"Latest Update: SEC and Ripple File New Motions - Stay Informed"
The SEC and Ripple have filed new motions relating to the remedies phase of their ongoing legal battle.Â
Read more on: https://thecryptobasic.com/2024/01/12/heres-the-latest-update-on-ripple-vs-sec-as-both-parties-file-new-motions/
#RippleSECSettlement #RippleVsSEC #SecGov #cryptocurrecny #CryptoNewsđđ°đ«
Read more on: https://thecryptobasic.com/2024/01/12/heres-the-latest-update-on-ripple-vs-sec-as-both-parties-file-new-motions/
#RippleSECSettlement #RippleVsSEC #SecGov #cryptocurrecny #CryptoNewsđđ°đ«
U.S. Senators urge SEC not to approve more crypto ETFs, citing risks of fraud and manipulation to investors
In a joint statement, Senators Jack Reed and Laphonza Butler express concerns about the potential harm crypto ETFs could pose to retail investors due to fraud and market manipulation risks. They stress the nascent nature of cryptocurrency markets and call for caution, highlighting the lack of regulation and transparency compared to traditional financial markets.
Their appeal to the SEC reflects broader apprehension among lawmakers regarding crypto assets' intersection with mainstream financial products. It aligns with the SEC's recent efforts to establish a regulatory framework for cryptocurrencies and echoes concerns about market manipulation and investor protection voiced by other government officials and financial experts.
While the SEC has approved some crypto-related ETFs, direct holdings of cryptocurrencies like Bitcoin remain unapproved. The senators' statement underscores the ongoing debate over cryptocurrency regulation and its impact on the financial system, posing a significant challenge for policymakers and regulatory bodies.
As the SEC evaluates the senators' request, the fate of crypto ETFs and their potential implications for the cryptocurrency market and retail investors remain uncertain.
#HotTrends #Trendingtopics #SecGov #ETFs
In a joint statement, Senators Jack Reed and Laphonza Butler express concerns about the potential harm crypto ETFs could pose to retail investors due to fraud and market manipulation risks. They stress the nascent nature of cryptocurrency markets and call for caution, highlighting the lack of regulation and transparency compared to traditional financial markets.
Their appeal to the SEC reflects broader apprehension among lawmakers regarding crypto assets' intersection with mainstream financial products. It aligns with the SEC's recent efforts to establish a regulatory framework for cryptocurrencies and echoes concerns about market manipulation and investor protection voiced by other government officials and financial experts.
While the SEC has approved some crypto-related ETFs, direct holdings of cryptocurrencies like Bitcoin remain unapproved. The senators' statement underscores the ongoing debate over cryptocurrency regulation and its impact on the financial system, posing a significant challenge for policymakers and regulatory bodies.
As the SEC evaluates the senators' request, the fate of crypto ETFs and their potential implications for the cryptocurrency market and retail investors remain uncertain.
#HotTrends #Trendingtopics #SecGov #ETFs
ETF Approval announcement time zone from now to night 2pm expected đ„ stay updated, keep learning keep earning, follow me for early newsđ I will try my best to guide you people, but I am not financial advisor on any trade or etc. đ #BTC #BTCETFSPOT #ETFbitcoin #ETFs. #SecGov #BTC
"SEC Delays Verdict on Fidelity's Ethereum Spot ETF, Leaving Markets Hanging"
The SEC has delayed its decision on Fidelityâs proposed Ethereum spot ETF application, shifting the deadline from January 20 to March 5, 2024.
Read more on: https://thecryptobasic.com/2024/01/19/sec-postpones-decision-on-fidelitys-ethereum-spot-etf/
#SecGov #spotETF #cryptocurrecny #cryptoleads #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/19/sec-postpones-decision-on-fidelitys-ethereum-spot-etf/
#SecGov #spotETF #cryptocurrecny #cryptoleads #CryptonewswithJack
"Ripple CEO Takes Aim at Gary Gensler and SEC, Declares ChatGPT Can Craft Superior Rules"
Brad Garlinghouse continues to criticize SEC chair Gary Gensler over his unfavorable crypto regulation, as he suggests that the U.S. should leverage ChatGPT to get tips on how to regulate the industry.
Read more on: https://thecryptobasic.com/2024/01/19/ripple-ceo-slams-gary-gensler-and-sec-says-chatgpt-can-make-better-rules/
#RippleVsSEC #SecGov #cryptocurrecny #cryptoleads #CryptoNewsLand
Read more on: https://thecryptobasic.com/2024/01/19/ripple-ceo-slams-gary-gensler-and-sec-says-chatgpt-can-make-better-rules/
#RippleVsSEC #SecGov #cryptocurrecny #cryptoleads #CryptoNewsLand
Follow me for more information
There is no official announcement from
#SecGov but #CathieWood will be process.
#CNBC within the hour to discuss this #BTC-ETF. Document that i diligently retrieved from #SecGov website
Follow me for more good signalâs update.
There is no official announcement from
#SecGov but #CathieWood will be process.
#CNBC within the hour to discuss this #BTC-ETF. Document that i diligently retrieved from #SecGov website
Follow me for more good signalâs update.
đšSEC approves 11 spot bitcoin ETFs, with trading likely set to start tomorrow
Quick TakeThe SEC said it has approved proposals for 11 spot bitcoin ETFsTrading is likely to start tomorrow.The Securities and Exchange Commission said it has approved proposals for 11 spot bitcoin ETFs on an accelerated basis, in a document that was uploaded to the SEC website.The document lists 11 spot bitcoin ETFs by Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin."After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange," the document states.The document notes that fraud or manipulation that would impact prices in spot bitcoin markets would likely impact bitcoin futures prices in similar ways. This is a nod to the recent court case that found the SEC acted in an "arbitrary and capricious" manner when rejecting Grayscale's earlier bid to pivot GBTC to an ETF.âI am happy to confirm that the Grayscale team has received necessary regulatory approvals to uplist GBTC to NYSE Arca, and we will share a press release with additional information shortly,â said a Grayscale spokesperson.After the document was first picked up, it quickly went to a 404 error. A short while later it appeared in the correct part of the SEC website and the SEC told The Block that the filing was accurate.Alongside the omnibus approval order, the SEC published a speech by Chair Gary Gensler. He confirmed the approvals but added a warning. "While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto," he said.While the document approves the issuers' 19b-4 forms all in one go, they will still need their S-1 forms to be effective for trading to start.Earlier today, the Cboe BZX exchange sent letters to the Securities and Exchange Commission on Wednesday, requesting âacceleration of registrationâ for proposed spot bitcoin ETFs. A few hours later, it issued listing notifications for six prospective ETFs saying that trading would begin on Thursday. This was prior to any approvals by the SEC.Potential inflowsOnce trading gets underway, these products could see large inflows. Valkyrie Investments co-founder and CIO Steven McClurg said he expects $200 million to $400 million of investorsâ funds coming to Valkyrieâs ETF, and all participants might see $4 to $5 billion of inflows over the first couple of weeks.VanEck estimated that $1 billion of funds would arrive in the first few days, and $2.4 billion within a quarter. Galaxy expects $14 billion within the first year. Bitwise said it anticipated the market for spot bitcoin ETFs to reach around $72 billion within five years. On Tuesday, the SECâs X account was compromised and a post went out claiming the SEC had granted approval for listing bitcoin ETFs on all registered securities exchanges with an image showing a quote by SEC Chair Gary Gensler. It was shortly deleted with follow up posts claiming it was unauthorized and that spot bitcoin ETFs had not been approved by that point.Preparing for spot bitcoin ETFsThe issuers have also lined up seed funding for their products. VanEck has taken the lead with direct investment, noting that it has seeded its potential spot bitcoin ETF with $72.5 million. Bitwise has seeded its proposed ETF with $500,000, according to its amended S-1 form, but Pantera Capital has also said that it is interested in putting $200 million into the fund if approved. BlackRock has seeded its potential spot bitcoin ETF with $10 million.Prior to approval, the ETF applicants had been waging a war for who can offer the lowest fees. Bitwise went the lowest, with zero fees for the first six months or until $1 billion of assets, and 0.2% afterward â which it lowered from 0.24% just days before. BlackRock maintained its offering of a discounted 0.2% for the first 12 months or until the fund hits $5 billion in assets, and 0.3% from then on. Other fees range up to 1.5% at the highest.đđżShow Your Supportđ„đđżIf you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. đđż#SecGov #ETFApprovalDreams #ETFsApproval #etf #SECApprovalJourney
The United States Securities and Exchange Commission (SEC) has pushed its decision on the Fidelity spot Ethereum ETF from January 20 to March 5, 2024.
#SecGov #ETFSPOT #cryptocurrecny #CryptoNewsđđ°đ« #CryptoNewsLand
#SecGov #ETFSPOT #cryptocurrecny #CryptoNewsđđ°đ« #CryptoNewsLand
đ Binance Gears Up for Court Battle with SEC in High-Stakes Lawsuit !
Binance faces a lawsuit by the SEC, including allegations of trading volume inflation, customer fund misappropriation, and misleading investors. The exchange challenges the SEC's authority over crypto assets. CEO CZ's sentencing for anti-money laundering violations is set for February 23, 2024. The case follows a recent hearing involving Coinbase and the SEC.
#BTC #SecGov #ETFsApproval
Binance faces a lawsuit by the SEC, including allegations of trading volume inflation, customer fund misappropriation, and misleading investors. The exchange challenges the SEC's authority over crypto assets. CEO CZ's sentencing for anti-money laundering violations is set for February 23, 2024. The case follows a recent hearing involving Coinbase and the SEC.
#BTC #SecGov #ETFsApproval
#BTCâ Study's & Smart trading đïž
âš Navigating Demand Zones đ
-Demand Zone: Key area where buyers are likely to enter, pushing prices up đđ
-Stop Placement: Set your stop loss just below the demand zone for risk management
đ»
-Price Movement: Watch for strong buying signals within these zones to confirm entry points đŻđŻ
Spot these zones to capitalize on price moves upward đą
#SecGov #WBTC #EtheruemETF #SETH
âš Navigating Demand Zones đ
-Demand Zone: Key area where buyers are likely to enter, pushing prices up đđ
-Stop Placement: Set your stop loss just below the demand zone for risk management
đ»
-Price Movement: Watch for strong buying signals within these zones to confirm entry points đŻđŻ
Spot these zones to capitalize on price moves upward đą
#SecGov #WBTC #EtheruemETF #SETH
đš BREAKING NEWS! đš
EPIC WIN FOR XRP! đ Judge rules XRP is NOT a security! Ripple to pay $125M penalty, but SEC lawsuit officially OVER. This is HUGE for crypto! đ #XRP #Ripple #SEC #CryptoNews #CryptoTwitter #Victory
Judge Torres just dropped the hammer on the SEC's motion for remedies in the #Ripple case! Will this be another win for the #XRPArmy? đ Stay tuned for details! #SecGov #XRPCommunity #CryptoNewsđđ„ #JusticeForXRP
EPIC WIN FOR XRP! đ Judge rules XRP is NOT a security! Ripple to pay $125M penalty, but SEC lawsuit officially OVER. This is HUGE for crypto! đ #XRP #Ripple #SEC #CryptoNews #CryptoTwitter #Victory
Judge Torres just dropped the hammer on the SEC's motion for remedies in the #Ripple case! Will this be another win for the #XRPArmy? đ Stay tuned for details! #SecGov #XRPCommunity #CryptoNewsđđ„ #JusticeForXRP
Breaking News: SEC Greenlights ARK Invest and 21Shares Spot Bitcoin ETF Application. đ„ł
In a historic move, the U.S. Securities and Exchange Commission (SEC) has granted approval to the eagerly awaited spot Bitcoin ETF application, a collaboration between ARK Invest and 21Shares.
âȘïžSEC's Seal of Approval:
After months of anticipation, the SEC has officially given the green light to the spot Bitcoin ETF, marking a significant milestone in the crypto space.
âȘïžLegal Victory Paves the Way:
Grayscale's earlier legal triumph against the SEC set a positive precedent, creating a favorable environment for cryptocurrency-related ETF applications.
âȘïžIndustry Optimism:
The involvement of BlackRock in discussions heightened expectations for a positive outcome, adding to the growing optimism within the crypto community.
This development signals a crucial step forward in bridging traditional financial markets with the dynamic world of cryptocurrencies. As the landscape of crypto investments continues to evolve, stay tuned for further updates on this groundbreaking development.
#BTC #etf #GaryGensler #SecGov #ETH
In a historic move, the U.S. Securities and Exchange Commission (SEC) has granted approval to the eagerly awaited spot Bitcoin ETF application, a collaboration between ARK Invest and 21Shares.
âȘïžSEC's Seal of Approval:
After months of anticipation, the SEC has officially given the green light to the spot Bitcoin ETF, marking a significant milestone in the crypto space.
âȘïžLegal Victory Paves the Way:
Grayscale's earlier legal triumph against the SEC set a positive precedent, creating a favorable environment for cryptocurrency-related ETF applications.
âȘïžIndustry Optimism:
The involvement of BlackRock in discussions heightened expectations for a positive outcome, adding to the growing optimism within the crypto community.
This development signals a crucial step forward in bridging traditional financial markets with the dynamic world of cryptocurrencies. As the landscape of crypto investments continues to evolve, stay tuned for further updates on this groundbreaking development.
#BTC #etf #GaryGensler #SecGov #ETH
JUST IN đšđš #Ripple Vs #SecGov New Deadline Set For January 19th. #XRP Huge Pump On Or Before 19th đ„đ„đđđ$XRP #XRP/USDT.P #RippleVsSEC
đđđ As Crypto X cheers Bitcoin ETFs, guess who hasnât posted in over 24 hours
While the crypto community erupts in celebration over the historic approval of spot Bitcoin ETFs, a notable silence hangs over one X account: the U.S. Securities and Exchange Commission's (#SEC ) SECGov.
Celebratory hashtags like #BitcoinETF flood the platform, and Google Trends sees "Bitcoin ETF" reach peak popularity. Crypto users hail this day as a landmark, with 11 issuers receiving approval to list and trade Bitcoin ETFs in the US.
Behind this joy, however, lingers the memory of yesterday's bungled announcement. The #SecGov account was hacked, leading to a false tweet claiming #BitcoinETFđ°đ°đ° approval, which sent the market into a temporary frenzy before being corrected.
Since confirming the hack and unauthorized tweet, the SECGov account has remained silent. This hasn't stopped the crypto community from tagging SECGov in a deluge of posts, seeking details and criticizing the agency for its "glaring incompetence" in securing its account.
Despite this silence, the approval of spot Bitcoin ETFs marks a significant moment for the crypto industry. It opens doors for wider adoption and institutional investment, potentially propelling Bitcoin further into the mainstream. However, the SEC's handling of the announcement, and its subsequent silence, leave a lingering question: will this be a smooth transition for Bitcoin, or will regulatory hiccups continue to plague the industry?
Key Points:
- Crypto community celebrates historic approval of spot Bitcoin ETFs.
- SECGov account silent since hack and false tweet.
- Community criticizes SEC for security lapse and seeks clarification.
- Bitcoin's future remains uncertain, despite the positive news.
Source - cointelegraph.com
#CryptoNews #BinanceSquare
While the crypto community erupts in celebration over the historic approval of spot Bitcoin ETFs, a notable silence hangs over one X account: the U.S. Securities and Exchange Commission's (#SEC ) SECGov.
Celebratory hashtags like #BitcoinETF flood the platform, and Google Trends sees "Bitcoin ETF" reach peak popularity. Crypto users hail this day as a landmark, with 11 issuers receiving approval to list and trade Bitcoin ETFs in the US.
Behind this joy, however, lingers the memory of yesterday's bungled announcement. The #SecGov account was hacked, leading to a false tweet claiming #BitcoinETFđ°đ°đ° approval, which sent the market into a temporary frenzy before being corrected.
Since confirming the hack and unauthorized tweet, the SECGov account has remained silent. This hasn't stopped the crypto community from tagging SECGov in a deluge of posts, seeking details and criticizing the agency for its "glaring incompetence" in securing its account.
Despite this silence, the approval of spot Bitcoin ETFs marks a significant moment for the crypto industry. It opens doors for wider adoption and institutional investment, potentially propelling Bitcoin further into the mainstream. However, the SEC's handling of the announcement, and its subsequent silence, leave a lingering question: will this be a smooth transition for Bitcoin, or will regulatory hiccups continue to plague the industry?
Key Points:
- Crypto community celebrates historic approval of spot Bitcoin ETFs.
- SECGov account silent since hack and false tweet.
- Community criticizes SEC for security lapse and seeks clarification.
- Bitcoin's future remains uncertain, despite the positive news.
Source - cointelegraph.com
#CryptoNews #BinanceSquare
đšđšđ„ BREAKING NEWS đđ„đ
SEC vs Coinbase đ„
đšJudge Failla says: The SEC hasnât presented an opposing narrative for the legal foundations of Howey in its briefing."
The SEC is losing this case for sure.ins)
It will be huge for all crypto market.
#MANTA #TradeNTell #BTC #SecGov
SEC vs Coinbase đ„
đšJudge Failla says: The SEC hasnât presented an opposing narrative for the legal foundations of Howey in its briefing."
The SEC is losing this case for sure.ins)
It will be huge for all crypto market.
#MANTA #TradeNTell #BTC #SecGov
SEC investigating Sam Altman's maybe WLD Token will be Down!
đš Emergency Update đšThe Securities and Exchange Commission (SEC) is investigating Sam Altman's internal communications at OpenAI to determine if investors were potentially misled during a boardroom crisis that occurred last November. This situation holds significance due to OpenAI's current valuation surpassing $80 billion, attracting attention not just from the SEC but also from antitrust regulators in the U.S. and Europe.In a brief recap, Altman was ousted as CEO and board member of OpenAI in November amid allegations of communication issues. However, a subsequent revolt by employees resulted in Altman's reinstatement shortly after.The SEC's involvement aims to safeguard investors from misinformation during fundraising activities, with past enforcement actions leading to substantial compensations, nearly $5 billion in fiscal year 2023. It's worth noting that the SEC might close investigations without formal accusations or settlements in certain instances.Concurrently, a separate internal investigation conducted by law firm WilmerHale into the crisis within OpenAI's board is reportedly reaching its conclusion, as highlighted by the New York Times. This dual inquiry underscores the complexity of the situation and the potential repercussions on OpenAI's governance and Altman's role within the organization. Stay tuned for further developments as these investigations progress.This news can be effect on $WLD Token So be careful. đ Complete đđą Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.#TrendingTopic #WLD #SecGov $WLD
đšSEC approves 11 spot bitcoin ETFs, with trading likely set to start tomorrowđš
đClick here to Read More đ
đREAD MORE đ
#SecGov #ETFApprovalDreams #BitcoinETFđ°đ°đ° #SECApprovalJourney #BTC-ETF.
đClick here to Read More đ
đREAD MORE đ
#SecGov #ETFApprovalDreams #BitcoinETFđ°đ°đ° #SECApprovalJourney #BTC-ETF.
LIVENFTSHITZ
--
đšSEC approves 11 spot bitcoin ETFs, with trading likely set to start tomorrow
Quick TakeThe SEC said it has approved proposals for 11 spot bitcoin ETFsTrading is likely to start tomorrow.The Securities and Exchange Commission said it has approved proposals for 11 spot bitcoin ETFs on an accelerated basis, in a document that was uploaded to the SEC website.The document lists 11 spot bitcoin ETFs by Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin."After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange," the document states.The document notes that fraud or manipulation that would impact prices in spot bitcoin markets would likely impact bitcoin futures prices in similar ways. This is a nod to the recent court case that found the SEC acted in an "arbitrary and capricious" manner when rejecting Grayscale's earlier bid to pivot GBTC to an ETF.âI am happy to confirm that the Grayscale team has received necessary regulatory approvals to uplist GBTC to NYSE Arca, and we will share a press release with additional information shortly,â said a Grayscale spokesperson.After the document was first picked up, it quickly went to a 404 error. A short while later it appeared in the correct part of the SEC website and the SEC told The Block that the filing was accurate.Alongside the omnibus approval order, the SEC published a speech by Chair Gary Gensler. He confirmed the approvals but added a warning. "While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto," he said.While the document approves the issuers' 19b-4 forms all in one go, they will still need their S-1 forms to be effective for trading to start.Earlier today, the Cboe BZX exchange sent letters to the Securities and Exchange Commission on Wednesday, requesting âacceleration of registrationâ for proposed spot bitcoin ETFs. A few hours later, it issued listing notifications for six prospective ETFs saying that trading would begin on Thursday. This was prior to any approvals by the SEC.Potential inflowsOnce trading gets underway, these products could see large inflows. Valkyrie Investments co-founder and CIO Steven McClurg said he expects $200 million to $400 million of investorsâ funds coming to Valkyrieâs ETF, and all participants might see $4 to $5 billion of inflows over the first couple of weeks.VanEck estimated that $1 billion of funds would arrive in the first few days, and $2.4 billion within a quarter. Galaxy expects $14 billion within the first year. Bitwise said it anticipated the market for spot bitcoin ETFs to reach around $72 billion within five years. On Tuesday, the SECâs X account was compromised and a post went out claiming the SEC had granted approval for listing bitcoin ETFs on all registered securities exchanges with an image showing a quote by SEC Chair Gary Gensler. It was shortly deleted with follow up posts claiming it was unauthorized and that spot bitcoin ETFs had not been approved by that point.Preparing for spot bitcoin ETFsThe issuers have also lined up seed funding for their products. VanEck has taken the lead with direct investment, noting that it has seeded its potential spot bitcoin ETF with $72.5 million. Bitwise has seeded its proposed ETF with $500,000, according to its amended S-1 form, but Pantera Capital has also said that it is interested in putting $200 million into the fund if approved. BlackRock has seeded its potential spot bitcoin ETF with $10 million.Prior to approval, the ETF applicants had been waging a war for who can offer the lowest fees. Bitwise went the lowest, with zero fees for the first six months or until $1 billion of assets, and 0.2% afterward â which it lowered from 0.24% just days before. BlackRock maintained its offering of a discounted 0.2% for the first 12 months or until the fund hits $5 billion in assets, and 0.3% from then on. Other fees range up to 1.5% at the highest.đđżShow Your Supportđ„đđżIf you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. đđż#SecGov #ETFApprovalDreams #ETFsApproval #etf #SECApprovalJourney
"SEC's Legal Battles with Ripple, Coinbase End in Defeat - What Happened Behind Closed Doors?"
A prominent SEC attorney who spearheaded litigation against Ripple and Coinbase has announced her departure from the commission, resulting in a major setback for the agency.
Read more on: https://thecryptobasic.com/2024/02/22/sec-suffers-major-blow-in-lawsuits-against-ripple-and-coinbase-details/
#SecGov #Crypto #CryptoNewsđđ°đ« #CryptoNewsUpdate #CryptoNewsFlash
Read more on: https://thecryptobasic.com/2024/02/22/sec-suffers-major-blow-in-lawsuits-against-ripple-and-coinbase-details/
#SecGov #Crypto #CryptoNewsđđ°đ« #CryptoNewsUpdate #CryptoNewsFlash
đš SECâs Case Against Ripple is an attack on Financial Freedom: John E. Deatonđš
đ Government Intrusion Alert! đ Renowned crypto lawyer, John E. Deaton, slams what he sees as an increasing invasion into the private lives of Americans by federal agencies. In a passionate post on X (formerly Twitter), he points out the unconstitutional expansion of authority, leaving Congress's responsibilities in the dust.
đŒ SEC's Ripple Case Exposed! đŒ Deaton shines a spotlight on the SEC's overreach, particularly in the notorious case against Ripple and its executives. Despite dropping charges against Ripple's leaders, the agency's attempt to classify all XRP as securities raises eyebrows. According to Deaton, this is nothing short of an attack on financial freedom, where the government aims to exclude 90% of the population from upward mobility.
đ Warriors for Financial Freedom! đ Deaton commends the leaders of embattled companies like Ripple, Coinbase, and Custodia Bank, who are standing up against what he perceives as out-of-control regulators. These leaders, he argues, are fighting for every American's right to own legal assets and achieve financial freedom. Deaton promises to delve into the importance of their lawsuits and extend his support.
đ Join the Fight for Financial Freedom! Follow The Blockopedia for Updates! đđ
#SecGov #RippleVsSEC #ripple #cryptocurrency #crypto2024
đ Government Intrusion Alert! đ Renowned crypto lawyer, John E. Deaton, slams what he sees as an increasing invasion into the private lives of Americans by federal agencies. In a passionate post on X (formerly Twitter), he points out the unconstitutional expansion of authority, leaving Congress's responsibilities in the dust.
đŒ SEC's Ripple Case Exposed! đŒ Deaton shines a spotlight on the SEC's overreach, particularly in the notorious case against Ripple and its executives. Despite dropping charges against Ripple's leaders, the agency's attempt to classify all XRP as securities raises eyebrows. According to Deaton, this is nothing short of an attack on financial freedom, where the government aims to exclude 90% of the population from upward mobility.
đ Warriors for Financial Freedom! đ Deaton commends the leaders of embattled companies like Ripple, Coinbase, and Custodia Bank, who are standing up against what he perceives as out-of-control regulators. These leaders, he argues, are fighting for every American's right to own legal assets and achieve financial freedom. Deaton promises to delve into the importance of their lawsuits and extend his support.
đ Join the Fight for Financial Freedom! Follow The Blockopedia for Updates! đđ
#SecGov #RippleVsSEC #ripple #cryptocurrency #crypto2024
NovaTech Exposed! đš
The SEC just dropped a bombshell on NovaTech and its promoters, accusing them of a massive $650 million crypto fraud! đ€Ż
Over 200,000 investors worldwide were duped. This is a wake-up call for everyone. Beware of scams! #Cryptoscam #SecGov #InvestWisely #cryptocurrency!!! #SEC #InvestorAlert
The SEC just dropped a bombshell on NovaTech and its promoters, accusing them of a massive $650 million crypto fraud! đ€Ż
Over 200,000 investors worldwide were duped. This is a wake-up call for everyone. Beware of scams! #Cryptoscam #SecGov #InvestWisely #cryptocurrency!!! #SEC #InvestorAlert
đđ€Łđđ€Łđ
The Central Bank asked Bitcoin how it handles inflation. Bitcoin replied: âEasy, I don't have a print button!â.
I hope this one gives you a chuckle!
#centralbank #bitcoinjoke #cryptojokes #SecGov #FederalReserve
The Central Bank asked Bitcoin how it handles inflation. Bitcoin replied: âEasy, I don't have a print button!â.
I hope this one gives you a chuckle!
#centralbank #bitcoinjoke #cryptojokes #SecGov #FederalReserve
- đđđ đĄđđŹđšđȘđđ© đđđ©đŹđđđŁ đđđ„đ„đĄđ đđŁđ đ©đđ đđŁđđ©đđ đđ©đđ©đđš đđđđȘđ§đđ©đđđš đđŁđ đđđđđđŁđđ đŸđ€đąđąđđšđšđđ€đŁ (đđđŸ) đđš đŁđđđ§đđŁđ đ đđ§đđ©đđđđĄ đ©đ§đđđĄ đđŁ đŒđ„đ§đđĄ 2023.
- đđđ đĄđđŹđšđȘđđ©, đđŁđđ©đđđ©đđ đđŁ đżđđđđąđđđ§ 2020, đđĄđĄđđđđš đ©đđđ© đđđ„đ„đĄđ đđ€đŁđđȘđđ©đđ đđŁ đȘđŁđ§đđđđšđ©đđ§đđ đšđđđȘđ§đđ©đđđš đ€đđđđ§đđŁđ đđź đšđđĄđĄđđŁđ đđđ, đ§đđđšđđŁđ đ€đ«đđ§ $1.3 đđđĄđĄđđ€đŁ.
- đđđ„đ„đĄđ đđ€đŁđ©đđŁđđš đ©đđđ© đđđ đđš đ đđȘđ§đ§đđŁđđź, đŁđ€đ© đ đšđđđȘđ§đđ©đź, đđŁđ đđš đŁđ€đ© đŹđđ©đđđŁ đ©đđ đđđŸ'đš đđȘđ§đđšđđđđ©đđ€đŁ.
- đđđ đđ§đđŁđ đ©đ§đđđĄ đšđđđđđȘđĄđđ đđ€đ§ đŒđ„đ§đđĄ 2023 đđ€đȘđĄđ đđđ«đ đšđđđŁđđđđđđŁđ© đđąđ„đĄđđđđ©đđ€đŁđš đđ€đ§ đ©đđ đđ§đźđ„đ©đ€đđȘđ§đ§đđŁđđź đšđđđ©đ€đ§, đđȘđ© đ©đđ đđđšđ'đš đđ€đŁđđĄđȘđšđđ€đŁ đąđđđđ© đŁđ€đ© đđ đđąđąđđŁđđŁđ©, đŹđđ©đ đ„đ€đ©đđŁđ©đđđĄ đđ„đ„đđđĄđš.
- đđđ đđđŁđđĄ đđȘđđđąđđŁđ© đđš đđšđ©đđąđđ©đđ đđź đđŁ đŒđ-đ„đ€đŹđđ§đđ đđđđ©đđ€đ© đ©đ€ đ€đđđȘđ§ đđŁ đ©đđ đšđȘđąđąđđ§ đ€đ 2024, đŹđđ©đ đđ„đ„đđđĄđš đ„đ€đšđšđđđĄđź đđđ©đđŁđđđŁđ đ©đđ đ€đȘđ©đđ€đąđ đȘđŁđ©đđĄ 2026.
- đŒ đ§đđšđ€đĄđȘđ©đđ€đŁ đđđđ€đ§đ đ©đđ đđđŁđđĄ đ«đđ§đđđđ© đđš đšđ©đđĄđĄ đ„đ€đšđšđđđĄđ đđ đđ€đ©đ đ„đđ§đ©đđđš đ§đđđđ đ đąđȘđ©đȘđđĄ đđđ§đđđąđđŁđ©, đđŁđ đđđ„đ„đĄđ đđŁđ©đđ§đš đ©đđ đ©đ§đđđĄ đŹđđ©đ đ©đđ§đđ đđ§đȘđđđđĄ đ„đđ§đ©đđđĄ đđ€đȘđ§đ© đŹđđŁđš đđ§đ€đą đĄđđšđ© đźđđđ§.
#SecGov #XRPđ #Write2Earn
- đđđ đĄđđŹđšđȘđđ©, đđŁđđ©đđđ©đđ đđŁ đżđđđđąđđđ§ 2020, đđĄđĄđđđđš đ©đđđ© đđđ„đ„đĄđ đđ€đŁđđȘđđ©đđ đđŁ đȘđŁđ§đđđđšđ©đđ§đđ đšđđđȘđ§đđ©đđđš đ€đđđđ§đđŁđ đđź đšđđĄđĄđđŁđ đđđ, đ§đđđšđđŁđ đ€đ«đđ§ $1.3 đđđĄđĄđđ€đŁ.
- đđđ„đ„đĄđ đđ€đŁđ©đđŁđđš đ©đđđ© đđđ đđš đ đđȘđ§đ§đđŁđđź, đŁđ€đ© đ đšđđđȘđ§đđ©đź, đđŁđ đđš đŁđ€đ© đŹđđ©đđđŁ đ©đđ đđđŸ'đš đđȘđ§đđšđđđđ©đđ€đŁ.
- đđđ đđ§đđŁđ đ©đ§đđđĄ đšđđđđđȘđĄđđ đđ€đ§ đŒđ„đ§đđĄ 2023 đđ€đȘđĄđ đđđ«đ đšđđđŁđđđđđđŁđ© đđąđ„đĄđđđđ©đđ€đŁđš đđ€đ§ đ©đđ đđ§đźđ„đ©đ€đđȘđ§đ§đđŁđđź đšđđđ©đ€đ§, đđȘđ© đ©đđ đđđšđ'đš đđ€đŁđđĄđȘđšđđ€đŁ đąđđđđ© đŁđ€đ© đđ đđąđąđđŁđđŁđ©, đŹđđ©đ đ„đ€đ©đđŁđ©đđđĄ đđ„đ„đđđĄđš.
- đđđ đđđŁđđĄ đđȘđđđąđđŁđ© đđš đđšđ©đđąđđ©đđ đđź đđŁ đŒđ-đ„đ€đŹđđ§đđ đđđđ©đđ€đ© đ©đ€ đ€đđđȘđ§ đđŁ đ©đđ đšđȘđąđąđđ§ đ€đ 2024, đŹđđ©đ đđ„đ„đđđĄđš đ„đ€đšđšđđđĄđź đđđ©đđŁđđđŁđ đ©đđ đ€đȘđ©đđ€đąđ đȘđŁđ©đđĄ 2026.
- đŒ đ§đđšđ€đĄđȘđ©đđ€đŁ đđđđ€đ§đ đ©đđ đđđŁđđĄ đ«đđ§đđđđ© đđš đšđ©đđĄđĄ đ„đ€đšđšđđđĄđ đđ đđ€đ©đ đ„đđ§đ©đđđš đ§đđđđ đ đąđȘđ©đȘđđĄ đđđ§đđđąđđŁđ©, đđŁđ đđđ„đ„đĄđ đđŁđ©đđ§đš đ©đđ đ©đ§đđđĄ đŹđđ©đ đ©đđ§đđ đđ§đȘđđđđĄ đ„đđ§đ©đđđĄ đđ€đȘđ§đ© đŹđđŁđš đđ§đ€đą đĄđđšđ© đźđđđ§.
#SecGov #XRPđ #Write2Earn
đšSpot bitcoin ETFs to start trading in big boost to crypto industry
(Reuters) - Several exchange-traded funds (ETFs) tied to the spot price of bitcoin will start trading in the U.S. on Thursday before the bell in a landmark moment for the cryptocurrency industry that has been demanding regulatory approval for more than a decade.The green light from the U.S. Securities and Exchange Commission finally came late on Wednesday as it approved 11 such ETFs, ending months of negotiations with top asset managers such as BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck."The approval has the potential to simplify and secure Bitcoin investments for a broader investor base, which may reshape the dynamics of cryptocurrency investments," said Rajeev Bamra, senior vice-president of digital finance at Moody's Investors Service.BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust began trading in early premarket hours. VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, and ARK 21Shares Bitcoin ETF are expected to start soon.RACE FOR MARKET SHAREThe regulatory nod is expected to start an intense competition for market share among the issuers who have already lowered the fees for the products well below the U.S. ETF industry's standard.Analysts at Bernstein estimated that bitcoin ETF flows will build up gradually to cross $10 billion in 2024 in its race to $80 billion by the end of next year."Bitcoin ETFs are expected to be an intensely competitive asset accumulation game, with 11 leading asset managers launching together," the brokerage said in a note.Since all the ETFs tracking an asset's price are designed to deliver the same return to investors, fees tend to dictate market share.The issuers have disclosed fees as low as 0.20% and some have offered to waive it off for a particular period or until it accumulates a set amount in assets.Many ETFs issuers, including Bitwise and VanEck, have already begun marketing their products by releasing ads that tout bitcoin as an investment.#BTC #etf #SecGov #Sec #SECApprovalJourney
Ponzi Scheme ALERT! đš
Atlanta businessman, Russell Todd Burkhalter, and his company, Drive Planning, are accused of running a massive $300 million Ponzi scheme! đ€Ż They allegedly lured investors with promises of high real estate returns but used the money to fund a lavish lifestyle, including a $3.1 million yacht! đ„ïž
The SEC has stepped in to protect investors, freezing assets and appointing a receiver. This is a stark reminder to always be cautious and do your research before investing. #PonziScheme #SecGov #InvestorAlert #Financial #Fraud #InvestWisely
Don't fall victim to get-rich-quick schemes! Your hard-earned money deserves better. đ°
Atlanta businessman, Russell Todd Burkhalter, and his company, Drive Planning, are accused of running a massive $300 million Ponzi scheme! đ€Ż They allegedly lured investors with promises of high real estate returns but used the money to fund a lavish lifestyle, including a $3.1 million yacht! đ„ïž
The SEC has stepped in to protect investors, freezing assets and appointing a receiver. This is a stark reminder to always be cautious and do your research before investing. #PonziScheme #SecGov #InvestorAlert #Financial #Fraud #InvestWisely
Don't fall victim to get-rich-quick schemes! Your hard-earned money deserves better. đ°
U.S. Court Dismisses Terra's Reconsideration Request in SEC Case. #SecGov $LUNA $REQ
The legal dispute between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs (Terra) and its co-founder Do Kwon continues, with a U.S. federal judge recently denying reconsideration requests by Terra and Do Kwon. The judge upheld a previous decision that found Terra and Do Kwon in violation of the Securities Act.
Specifically, the court rejected Terra's requests to reconsider expert Raj Unny's dismissal and the involvement of Dr. Matthew Edman in the case. The SEC's success in the Terra case led to the regulator seeking additional authority in its ongoing actions against major exchanges Binance and Coinbase, positioning the Terra case as a potential precedent.
In the altcoin space related to Terra and Do Kwon, LUNC experienced a slight decline but traded at $0.0001293, up 1.61% in 24 hours with a 20% increase in trading volume, surpassing $83 million. Former stablecoin USTC saw a positive day, with a 5.6% increase to $0.02804 and a remarkable 129% surge in trading volume, reaching $67 million.
Remember : Where is my Tip ? Just kidding đ
The legal dispute between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs (Terra) and its co-founder Do Kwon continues, with a U.S. federal judge recently denying reconsideration requests by Terra and Do Kwon. The judge upheld a previous decision that found Terra and Do Kwon in violation of the Securities Act.
Specifically, the court rejected Terra's requests to reconsider expert Raj Unny's dismissal and the involvement of Dr. Matthew Edman in the case. The SEC's success in the Terra case led to the regulator seeking additional authority in its ongoing actions against major exchanges Binance and Coinbase, positioning the Terra case as a potential precedent.
In the altcoin space related to Terra and Do Kwon, LUNC experienced a slight decline but traded at $0.0001293, up 1.61% in 24 hours with a 20% increase in trading volume, surpassing $83 million. Former stablecoin USTC saw a positive day, with a 5.6% increase to $0.02804 and a remarkable 129% surge in trading volume, reaching $67 million.
Remember : Where is my Tip ? Just kidding đ
đ BTC Rebound to $60K+ on the Horizon?
We're closely watching Bitcoin's potential surge past the $60K mark this week, with key events unfolding. Interestingly, an SEC memo from Geisler briefly appeared on their official site before being taken down. This echoes a similar situation before the BTC ETF approval, sparking a major price jump.
With Geisler's speech set for today, we could see even more volatility driving BTC upward. Keep an eye on the news, as these signals may lead to significant market movements. As always, **DYOR** (Do Your Own Research)!
#Bitcoinâ #BTCâ #CryptoNews #dyor #SecGov
BUY $BTC
We're closely watching Bitcoin's potential surge past the $60K mark this week, with key events unfolding. Interestingly, an SEC memo from Geisler briefly appeared on their official site before being taken down. This echoes a similar situation before the BTC ETF approval, sparking a major price jump.
With Geisler's speech set for today, we could see even more volatility driving BTC upward. Keep an eye on the news, as these signals may lead to significant market movements. As always, **DYOR** (Do Your Own Research)!
#Bitcoinâ #BTCâ #CryptoNews #dyor #SecGov
BUY $BTC
$XRP
XRP WILL BOOM WHEN YOU WILL SOLD YOUR ALL #XRP #XRP/USDTđ„đ„ #XRPâïž
#SecGov #BankruptcyAnnouncement
EHI+ [0],,,,,,[0]
XRP WILL BOOM WHEN YOU WILL SOLD YOUR ALL #XRP #XRP/USDTđ„đ„ #XRPâïž
#SecGov #BankruptcyAnnouncement
EHI+ [0],,,,,,[0]
yes
89%
yes
11%
84 votes âą Voting closed