Someone sent 27 Bitcoin (worth over 1.1 million USD) to Satoshi's wallet today... or maybe Satoshi woke up, KYCed Binance and then DCA added Bitcoin 👀$BTC

Tether has sent a letter to US lawmakers 🇺🇸. Tether's CEO explained their methods to prevent unwanted individuals from using the company's USDT stablecoin.

Tether has recently allowed the US Secret Service onto their platform and is in the process of doing the same with the FBI.

Tether froze wallets on the US sanctions list last week and claims to have frozen 435 million USDT to date.

🔥 Franklin Templeton Investment Company (managing more than $1.5 trillion): Every Country Will Need to Own Bitcoin

BTC has become an attractive tool for underdeveloped countries to compete with major economies on a "more balanced playing field."

Bitcoin can be used as the “base unit of international trade,” which means every country will need to possess some BTC in reserves to facilitate efficient transfers.

BTC is one of the best performing assets of the past decade, even when factoring in the 'crypto winter'
#BinanceSquare $BTC

🔥 Coinbase will sue the SEC

Today, the SEC denied Coinbase's petition to regulate cryptocurrency. After 18 months of silence, we went to court to demand answers as required by law. With gratitude to the court, later today we will continue to seek their assistance by challenging the SEC's waiver. #SEC #Coinbase

🔥 Costco Supermarket sold more than $100 million in sales last quarter

In September, 1-ounce gold bars often sold out within hours of being posted on Costco's website 👀

Customers are limited to purchasing a maximum of two gold bars per Costco membership.

🔥 Safemoon Company officially filed for Chapter 7 bankruptcy, meaning "liquidation bankruptcy", sold everything and closed.

Employee shares letter from company: You need to file a claim in bankruptcy court to recover your unpaid wages.

In November, the US Department of Justice 🇺🇸 arrested Braden founders and senior employees John Karony and Thomas Smith while Kyle Nagy remained on the run. They are being prosecuted for the crime of International Fraud Scheme. #BinanceSquare $BTC $ETH $BNB

#ETF #SEC Bitcoin Spot ETF UPDATE (Bloomberg, Eric Balchunas and James Seyffart):

Invesco accepted its loss to the SEC and accepted a 'cash' model instead of 'in-kind'. Bitwise has also adopted this model. Simply put, the issuing company must hold Bitcoin, while intermediaries only need to hold "cash only" cash.

Currently, only large companies like ARK and BlackRock still persist in wanting the 'in-kind' model.$BTC

ETH Spot ETF UPDATE:

The SEC decided to delay Invesco and Galaxy's proposal, which was also expected by many, they had to resolve the issue with Bitcoin Spot ETF first, then Ether.$BTC #ETF #SEC #ether

Fed Chairman Jerome Powell wants to maintain high interest rates longer than expected
As on CME, the expectation is that the FED will cut interest rates in May next year. Let's wait for the FED to speak tomorrow and see the market's reaction$BTC #fed #CME

🔥 Bloomberg James Seyffart: BlackRock had a private meeting with the SEC yesterday to discuss the Bitcoin Spot ETF.

This is the third time BlackRock has met privately with the SEC... and in just the past week, a total of 4 companies have held private meetings with the SEC.$BTC $ETH #BinanceSquare #ETF

Kucoin exchange has settled the lawsuit with the New York Attorney General 🇺🇸 and will leave the state of New York, accepting a $22 million USD fine.

The New York Attorney General sued the exchange in March this year for operating in NY without registration.

Interestingly, the lawsuit also alleges that popular cryptocurrencies such as Ethereum (ETH), LUNA, and TerraUSD (UST) are securities.

Note that this lawsuit concerns exchange registration with the state of New York, not with the SEC.$BTC $ETH #usd #KuCoin #BinanceSquare

🔥CPI UPDATES:

➡️ CPI This Month = 3.1%
Last month = 3.2%
Estimate = 3.1%

➡️ Core CPI This Month = 4.0%
Last month = 4.0%
Estimate = 4.0%$BTC $ETH $BNB #BinanceSquare #BinanceFate

🔥 ARK invest has continuously sold Coinbase shares in recent weeks. The biggest sale, which took place last Friday, was the biggest since July, when they sold 480,000 shares worth $50.5 million.

ARK applies a target weight to its ETFs. The weight of each component investment does not fall below 2% of the fund's value and does not exceed 10%.

The recent rally in Coinbase stock, which has reached a high since April 2022, means its weighting in the funds has gone well beyond 10% so the decision to sell is not too unusual according to How the fund works.$BTC $ETH #BinanceSquare #BinanceBlockchainWeek

Hello everyone! Today, I will introduce to you some commonly used on-chain checking tools. Here are some fundamental tools that on-chain analysts should be aware of:
1. Nansen
2. 0xscope
3. Arkham
4. Debank
5. Zerion
6. Blockscan
7. Meta Sleuth
8. Dune
These tools provide valuable insights into on-chain activities, allowing users to analyze transactions, smart contracts, and various blockchain data. Whether you are interested in tracking token movements, exploring decentralized finance (DeFi) protocols, or conducting blockchain analytics, these tools can offer a comprehensive range of features to assist you in your on-chain research. #onchain #Research $ETH $BTC $BNB #BinanceSquare

"The adjustments during the long-term growth season of Bitcoin remain unchanged. In the context of extended development, Bitcoin has undergone various corrections without significantly impacting its growth trend. These adjustments often occur within market cycles and typically do not disrupt the fundamental structure of Bitcoin.
Investors and market observers commonly acknowledge that volatility is a natural part of the cryptocurrency market. These corrections can be attributed to various factors, including market events, technical elements, and psychological factors affecting investor sentiment.
However, it is crucial to recognize that these adjustments generally do not alter the long-term growth trajectory of Bitcoin. Its technological foundation, limited supply, and increasing recognition are critical factors in maintaining Bitcoin's strength in the cryptocurrency market.
Therefore, while short-term fluctuations may occur, these corrections often do not change the long-term growth prospects of Bitcoin, and many investors continue to maintain faith in its sustainability over an extended period."$BTC #BinanceSquare

Senator 🇺🇸 Elizabeth Warren introduces the Digital Assets Anti-Money Laundering Act of 2023.

This bill would expand Bank Secrecy Act (BSA) responsibilities, including KYC requirements for all cryptocurrency wallet providers, miners, and validators.

This bill would be essentially unworkable and the current version is unlikely to pass the Senate, let alone the House, where the Republican Party retains control, BUT it would be The starting point for a negotiation, what they want is for the majority of transactions to go through intermediaries to protect banks in the name of anti-money laundering.$BTC $ETH $BNB #Uptrend

Don't worry guys...

Tether just minted 1 billion USDT on Tron

Since November 3, Tether has minted a total of 6 billion USDT on Tron and Ethereum.$ETH $BTC $TRX

Even Google believes that the Bitcoin Spot ETF will be approved. They have just updated their advertising policies:

In January 2024, Google will update policies related to crypto and related products to clarify the scope and advertising requirements for crypto funds.

Starting from January 29, 2024, advertisers offering crypto funds targeting the United States can advertise their products and services if they meet the following requirements and are certified by Google.
✅ Crypto funds
For example, financial products that allow investors to trade shares in funds holding large amounts of crypto.$BTC $ETH #Web3 #ETF

🔥 The amount of money flowing into some investment funds in the past week, as reported by CoinShares, indicates a decrease. However, it is still the 11th consecutive week with additional funds coming in.

The funds mainly attracted money into assets such as BTC, ETH, and Short BTC. The inflows are originating from countries like Germany, Switzerland, the United States, and Canada.#BTCUSDT #ETH $BTC $ETH $BNB