The German Government transferred a total of 1,250 BTC to th | BitcoinPrinces on Binance Square

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The German Government transferred a total of 1,250 BTC to the Kraken and Coinbase exchange. $BTC 
#bitcoin  #BinanceTournament #german  

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SEC AND BINANCE FACED ! No Evidence SEC Has Reclassified SOL as Non-Security, Says Variant Fund’s CLO The United States Securities and Exchange Commission (SEC) has not definitively classified Solana (SOL) as a non-security, despite retracting its request for a court ruling on the matter as part of its ongoing lawsuit against Binance. Jake Chervinsky, Chief Legal Officer at crypto-focused venture capital firm Variant Fund, noted that there “is no reason to think SEC has decided SOL is a non-security.” “That they don’t want to do discovery on a dozen tokens in the Binance case appears to be a litigation tactic, not a change in policy,” he added. SEC Seeks to Amed Complaint in Binance Case Chervinsky’s remarks came in response to the SEC’s latest court filing, which sought to amend its complaint regarding “Third Party Crypto Asset Securities.” The SEC’s updated stance indicated that it no longer seeks a judicial determination on whether the tokens listed in the lawsuit, including Solana, are securities. Supporting Chervinsky’s perspective, Miles Jennings, General Counsel and Head of Decentralization at a16z Crypto, and Justin Slaughter, Policy Director at Paradigm, also expressed their views on the matter. Slaughter cautioned against overinterpreting the SEC’s recent filing, stating that it doe s not signify a definitive decision on Solana’s security status. $SOL #Binance #SEC

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Voters May Not Swing Kamala Harris’ Way Despite Crypto Outreach: Bernstein Vice President Kamala Harris’s recent efforts to engage the crypto industry might not be enough to influence voters in the upcoming US presidential election, according to Bernstein analysts. Harris has reportedly directed her aides to meet with industry officials in an attempt to “reset” relations with some of the largest crypto exchanges. The specifics of the discussions between the Harris campaign and the industry remain unclear. However, crypto companies have long asked for the same thing. They want clear, specific rules for digital tokens that fit the crypto economy, instead of the heavy, cumbersome regulations used for Wall Street. Bernstein observed a significant change in the political landscape regarding digital assets, highlighting the increasing bipartisan support for cryptocurrencies, Benzinga reported Tuesday. Despite this shift, the firm remains skeptical that Harris’ late-stage shift toward crypto will effectively challenge the strong backing that former President Donald Trump has already secured within the crypto community. “Bernstein believes that while Harris’s attempts to engage with crypto firms are noteworthy, they may not be sufficient to alter the industry’s current leanings,” analysts said. #kamalaHarris #donaldtrump $BTC

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Compound Finance Reaches Truce with Crypto Whale Humpy and The Golden Boys After Governance Dispute Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289. This proposal, passed under contentious conditions, sought to allocate $24 million worth of COMP tokens to a yield-bearing protocol managed by The Golden Boys. The proposal faced criticism for manipulation by a small group buying large amounts of COMP tokens. The new offer suggests a staking product to align with all parties’ interests, particularly addressing Humpy’s needs as a delegate and COMP holder. #crypto #whale

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FED VS BITCOIN 😱

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NEW: Trump's overtures to the Bitcoin industry to install friendly regulators may have the effect of near-term BTC price being tied to the outcome of the 🇺🇸 US presidential election, per Jefferies. $BTC #donaldtrump #Jefferies #bitcoin

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