This is not Crypto! This is me meeting the Ruler of #Dubai.

❤️ I love the #UAE and have been calling Dubai my home since 2007. UAE is also the HQ of Binance.

I am glad that the leadership understands the potential of #Blockchain technology here. 🫶🏼✨
#bullish 🇦🇪 😀

At this point, it doesn’t matter if BTC reaches $98k, $99k, or if it goes above $100k. The local top could occur at any moment, and this movement could be fully retraced. Some of the reasons why I'm still being cautious:

-Sentiment is extremely bullish here. Retail is piling in massively, aping into memecoins. The memecoin rally feels overextended, and that's unhealthy. A strong correction is overdue, and it will likely affect the entire market.

-Trump is still not in power. The Democrats are still governing the country, and despite saying the transfer of power would be ''smooth and in a peaceful way'', they are already trying to provoke a big war. In my view, this is a desperate attempt to apply the martial law or/and leave Trump in a complicated position. By allowing and helping Ukraine to send long distance missiles into Russian territory, the situation is escalating. I don't want this to happen. Most people don't want this to happen. But sadly, it's not something we can control, because there are real psychopaths in the elite circles of control. We can just pray and adapt.

-Also, the U.S. government holds 208,109 BTC (currently $20.15B). They recently got approval to sell the Silk Road Bitcoin, likely through auctions or gradual sales. Honestly, it wouldn’t be surprising if they timed it to tank BTC prices and make the next administration look bad—or just to make sure they don’t leave those BTC behind for them to use.

-The dollar has been showing strength while BTC was pumping, forming a divergence.

-Many altcoins are showing weakness and testing major levels as resistance. It's mostly a BTC and memecoins run, which is never a good sign. Not ruling out a few final altcoins pumps, but if my thesis is right, they could dump 60-80% over the next few weeks.

The analysis is more complex than this.. I don't see this as a wasted opportunity or a 'missed train'. Sometimes, it's better to let trains pass and wait for the one that will safely take you where you truly want to go.

Stay safe.

🚀 Michael Saylor to Pitch Bitcoin to Microsoft’s Board

MicroStrategy’s Bitcoin evangelist, Michael Saylor, is taking his BTC advocacy to the next level. On Dec. 10, he’ll present a three-minute pitch to Microsoft’s board of directors, proposing the tech giant invest in Bitcoin to make its stock more stable and less risky.

The proposal, spearheaded by the National Center for Public Policy Research (NCPPR), argues that Bitcoin could transform Microsoft's massive cash reserves into a tangible, appreciating asset. Saylor highlighted that MicroStrategy's Bitcoin-focused strategy has helped its stock outperform Microsoft by 300% this year, despite having a fraction of the business scale.

Saylor’s argument? Microsoft’s enterprise value is overwhelmingly tied to quarterly earnings, with only 1.5% supported by tangible assets. Allocating even a fraction of its reserves to Bitcoin, Saylor suggests, could reduce risk and enhance stability for shareholders.

Microsoft’s board has recommended voting against the proposal, claiming they already assess a wide range of investments, including Bitcoin. However, Saylor believes this conversation should happen at every major corporation holding large cash reserves, from Apple to Meta.

Will Saylor’s bold move nudge one of the world’s largest companies into Bitcoin? The vote on Dec. 10 could set a precedent for corporate adoption of crypto!

#MichaelSaylor #Microstrategy #Bitcoin #BTC #Microsoft $BTC

🚀 Crypto Inflows Hit $1.98B Post-Election!

Crypto markets just recorded a massive $1.98 billion in inflows last week, marking the fifth straight week of rising investment and pushing total crypto assets under management to an all-time high of $116 billion. This post-election momentum is supercharging Bitcoin and Ethereum ETFs, with Bitcoin alone attracting $1.8 billion of last week’s inflows and hitting record highs above $80K.

Much of this action is driven by the U.S. market, which saw $1.95 billion in inflows. This surge reflects the combination of a favorable macro backdrop and heightened optimism post-election, according to CoinShares’ James Butterfill.
Bitcoin continues to be the prime driver, with U.S. spot Bitcoin ETFs leading the pack since the Fed’s September rate cut. BTC products have now amassed $9 billion in inflows in just two months, underscoring Bitcoin’s role as the centerpiece of the current rally.

Ethereum isn’t far behind; Ether ETFs saw a record $157 million in inflows, marking their strongest week since launch. Meanwhile, altcoins like Solana, Uniswap, and Tron are attracting new interest, with Solana seeing $3.9 million in inflows.
With crypto prices climbing and interest from both retail and institutional investors growing, the market looks primed for continued bullish momentum.

Are we entering the next bullrun?

Drop your opinion below!

#Bullrun #CryptoMarketNews #BitcoinPrice #Bitcoin #ATH $BTC

🚀 Bitcoin Breaks $90K: “This Is Just the Beginning,” Say Analysts

For the first time, Bitcoin shattered the $90,000 barrier, marking a new all-time high. Traders and analysts alike are buzzing with optimism, viewing this price spike as just the start of a potential new era in crypto.
Crypto analyst Tuur Demeester emphasized a “no-rash-actions” approach, encouraging long-term holders to stay steady, as Bitcoin’s historic rise appears to be unfolding without signs of a bubble. Fellow analyst James Check (“Checkmatey”) noted that the price is still not overly extended from its 200-Day Moving Average, a signal that the rally could have room to run.

Other influencers in the space, like Invest Answers and Rain, chimed in with their own excitement, reinforcing the sentiment that “we’re just taking off” and “we are so back.”
What’s unique about this rally? According to pseudonymous trader Cantonese Cat, this surge wasn’t fueled by high-risk leveraged positions. Instead, the rise might be due to a “pure spot supply shock” with intense demand driving up the price organically.

Bitwise CEO Hunter Horsley adds an important psychological factor: as Bitcoin’s price climbs, public confidence tends to grow, creating a self-fulfilling cycle of increased perceived value and higher prices. With $90K now in the rearview mirror, some speculate we could be seeing the groundwork for Bitcoin’s next major bull phase.

Could this be the start of Bitcoin’s journey to $100K and beyond?
Drop your opinion below and follow @Professor Mende - Bonuz Ecosystem Founder for more!

#Bitcoinprice #Bitcoin #BTC #ATH #Bullrun $BTC

🔥 Trump's Presidency Could Ignite a Pro-Crypto SEC REVOLUTION!

With Trump back in office, expectations for a pro-crypto shift at the SEC are sky-high. Industry leaders are speculating on sweeping regulatory reforms that could foster an era of transparency and innovation for digital assets. Steve Milton, CEO of Fintopio and former Binance exec, suggests that a Trump-led administration might replace SEC Chair Gary Gensler with a crypto-friendly figure, such as Robinhood’s legal chief Dan Gallagher. Such a change could signal an end to the SEC’s “regulation by enforcement” and bring clarity to a sector eager to grow.

This shift is seen as a “historic achievement” for the U.S. crypto industry, especially with Republicans securing Senate control. A streamlined regulatory approach could encourage talent and investment to flood back to the U.S., boosting its standing in the global crypto ecosystem. Anastasija Plotnikova, CEO of Fideum, believes this alignment could lead to more innovative regulations and competitive growth for U.S. crypto firms.

Looking ahead, market watchers are buzzing about the possibility of new crypto-based ETFs—particularly a staked Ethereum (ETH) ETF, which could make ETH more appealing for institutional investors. Nansen analyst Edward Wilson points out that a staked ETH ETF could be a game-changer for the asset, positioning Ethereum as a compelling investment once again.

With the prospect of friendlier regulations, reduced government oversight, and potentially groundbreaking crypto products, Trump’s presidency could bring the clarity and support the crypto sector has been waiting for. Is this the beginning of a U.S.-led crypto renaissance? The industry is watching closely. Follow @mende to stay updated!

#SEC #Gensler #GaryGensler #DonaldTrump #Elections2024

$BTC $SOL $ETH

🚀 Bitcoin Searches SKYROCKET After Trump Win!

Bitcoin interest has exploded since Trump’s election win, with Google searches for “Bitcoin” spiking as prices near all-time highs. This surge hints at retail investors finally re-entering the crypto market, a crucial factor in past bull runs. With retail interest historically signaling major price momentum, could we be at the start of a new rally?

For months, retail investors remained wary. The FTX collapse, which left thousands of investors at a loss, and anti-crypto moves from figures like SEC Chair Gary Gensler and Senator Elizabeth Warren, had soured public sentiment. But Trump’s victory could change all that. His promise to support crypto by ousting Gensler and softening regulations might bring retail traders back to Bitcoin—and fast.

Crypto expert Chris Dunn believes the election is reigniting excitement, predicting that a Bitcoin breakout past $75,000 could trigger a retail wave. If that happens, we might see smaller altcoins rally too, as retail buyers look beyond Bitcoin.

This sudden retail interest may be the green light the market has been waiting for. With a favorable regulatory shift on the horizon, a full retail comeback could fuel a historic bull market, setting the stage for crypto’s next chapter.

Are we on the brink of a retail-driven crypto boom?

#Bitcoin #DonaldTrump #BTC #CryptoMarketNews  $BTC

💰 $9.3B Stablecoin Surge: Traders Bet Big on Bitcoin Boom!

After Trump’s presidential win and a 25-point Fed rate cut, a massive $9.3 billion in stablecoins flooded into crypto exchanges—suggesting investors are gearing up for a fresh Bitcoin rally. Historically, such stablecoin inflows have signaled impending price surges, and this time, the numbers don’t lie: Binance received $4.3 billion, with Coinbase close behind at $3.4 billion.

Why does this matter? Stablecoin inflows are a key signal that big buyers are ready to act, often triggering bullish price action. This year, we saw Bitcoin hit previous highs with just a fraction of this inflow size, showing how the groundwork is being laid for a potential breakout.

Crypto analysts predict that the market may be entering a “new crypto era” under Trump’s administration, with policies like Trump’s 60% China tariff and fiscal shifts possibly fueling the demand for crypto as a hedge. Leading crypto funds are already on the move, with BlackRock’s spot Bitcoin ETF witnessing its largest inflow since January, bringing in $1.1 billion.

The Coinbase Premium Index, a measure of U.S. demand versus international, just spiked to its highest level since April, further signaling that domestic interest in Bitcoin is heating up.

With investors positioning for a possible new rally and Trump's pro-crypto stance, Bitcoin may be set to lead a major market upswing. All signs point to a bullish momentum—will retail and institutional money push Bitcoin to record-breaking heights?

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Bullrun #BullOrBear #BitcoinPrice " data-hashtag="#BitcoinPrice" class="tag">#BitcoinPrice #Bitcoin #PricePrediction $BTC

🚨 Altcoin Market Cap Surges with Trump’s Election Win!

The altcoin landscape just got a major boost following Trump’s election victory, and here’s what it could mean:

1. Gensler’s Days Are Numbered
With Trump’s promise to fire SEC Chair Gary Gensler, the likelihood of regulatory shifts is stronger than ever. The SEC’s previous stance on crypto might see a complete overhaul.

2. Pro-Altcoin Regulations
Expect a friendlier framework for altcoins as new pro-crypto lawmakers could push for clearer, innovation-friendly rules. This shift could unlock unprecedented opportunities for both investors and developers.

3. Altcoin ETF Approvals Incoming?
With Bitcoin ETFs paving the way, there’s a high probability of altcoin ETFs finally getting the green light, broadening access to retail and institutional players alike.

The altcoin market cap is already moving up fast, signaling the start of what could be a major Altseason. My projection? A new ATH for altcoins by Q1 2025 as fresh capital flows in and investor sentiment skyrockets.

Buckle up, crypto fam—big things are coming!
Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Altcoinseason #Altcoins #Memecoins #Meme #Elections2024 $PEPE  $SHIB  $FLOKI

URGENT: France Might Ban Polymarket

France’s gambling regulator, ANJ, is considering a ban on Polymarket, a popular crypto-based prediction platform, over potential violations of French gambling laws. The decentralized platform allows users to bet on real-world events using crypto, recently surging to $2.5 billion in bets in October due to the US presidential election hype.

While headquartered in New York, Polymarket’s operations still fall under French gambling regulations, which consider prediction markets a form of betting. ANJ's investigation may result in restricted access for French users.

The platform has been buzzing with high-stakes bets on the US election. One French trader, pseudonymously known as Fredi9999, reportedly bet $20 million on Trump’s win, with potential gains near $50 million.

Although Polymarket blocks US residents, the platform has become a go-to hub for international users, reflecting crypto’s potential to redefine betting boundaries worldwide.

The final decision from France could set a precedent for how prediction markets using crypto are regulated in Europe. For now, ANJ is closely examining Polymarket’s compliance with local laws.

What do you think about this? Drop your comment below!

#Polymarket #France #Elections2024 #Regulators  $BTC  $BNB  $ETH

📈 BNB Chain Launches No-Code Tool for Real-World Asset Tokenization!!!

BNB Chain is stepping into the $30-trillion asset tokenization market predicted for 2030 by Standard Chartered, offering a no-code solution to tokenize real-world assets in minutes. This streamlined service, which includes compliance tools and a step-by-step guide, allows users to tokenize assets like art, collectibles, and securities easily and affordably.

The new tool lowers entry barriers for businesses by significantly reducing the costs and labor associated with tokenization. BNB Chain’s solution also enables fractional ownership, allowing businesses to expand customer engagement and even enhance loyalty programs by offering tokenized rewards.

Real-world asset (RWA) tokenization is a growing trend, expected to reach a $600-billion valuation by 2030. Stablecoin issuers exemplify this trend by backing digital tokens with US Treasury bills and cash equivalents, which also boosts demand for the dollar. This shift showcases tokenization’s potential to integrate traditional financial assets within the crypto ecosystem.

Recently, the Monetary Authority of Singapore, Chainlink, SWIFT, and UBS conducted a successful pilot allowing traditional banks to settle tokenized funds without holding any cryptocurrencies. This breakthrough marks a step towards combining traditional finance and blockchain technology, underscoring the pivotal role asset tokenization could play in the future of finance.

BNB Chain’s easy-access solution arrives as the industry increasingly embraces tokenization, positioning it as an essential tool for businesses of all sizes to tap into the growing tokenization sector.

Follow @Professor Mende - Bonuz Ecosystem Founder for more!

#Binance #BNBChain #BNB #Blockchain #Tokenization $BNB

Who Could Replace Gary Gensler as SEC Chair?

5 Candidates
With the 2024 election stirring potential leadership shifts, here are key candidates who could replace Gary Gensler at the SEC—each bringing a unique approach to crypto regulation:

1. Hester Peirce – The "Crypto Mom"
SEC Commissioner Peirce is a favorite among crypto advocates for her pro-innovation stance. Appointed under Obama, Peirce has consistently critiqued Gensler’s heavy-handed enforcement and emphasized clear crypto guidelines. However, she's indicated plans to leave the SEC in 2025, making her nomination less certain.

2. Chris Giancarlo – The “Crypto Dad”
The former CFTC head, known for greenlighting BTC futures, has become a well-known crypto advocate. Giancarlo co-founded The Digital Dollar Project, showcasing his forward-looking stance on digital currencies. His reputation as a bipartisan figure could make him a promising candidate for a pro-crypto SEC.

3. Chris Brummer – Academic Advocate
Brummer, a Democratic pick, is regarded for balancing innovation with compliance. As founder of Bluprynt, a regulatory compliance firm, he could bring a fair approach. Brummer’s Democratic ties make him a strong option if Kamala Harris seeks to set a pro-crypto tone.

4. Heath Tarbert – Former CFTC Chair
With extensive federal experience and current leadership at Circle, Tarbert is a pro-crypto figure with a track record in regulatory bodies. His nomination could signify broader crypto support but may face scrutiny for his swift move to Citadel after leaving the CFTC.

5. Robert Stebbins – Trusted SEC Insider
Known for his advisory role under Trump’s SEC chair Jay Clayton, Stebbins has deep agency experience, making him a possible pick if a more restrained regulatory approach is favored.

Who should get the role?
Drop a comment below & stay updated with @Professor Mende - Bonuz Ecosystem Founder !

#SEC #GaryGensler #CryptoMarketNews #DonaldTrump #Elections2024  
$BTC  $SOL  $ETH

📈 MEMECOINS outperform BTC as TRUMP WINS election!

Memecoins, including Dogecoin (DOGE) and Trump-themed tokens, are skyrocketing after Trump’s election win, sparking a wave of positive sentiment across the crypto market. DOGE and other popular tokens like Dogwifhat (WIF) and Brett (BRETT) are leading the rally, with Dogecoin itself up 14.5% over the last 24 hours and 72% for the month.

With renewed enthusiasm, the total market cap for memecoins reached $66.72 billion on Nov. 6—the highest since April. Daily trading volume for the memecoin sector surged over 200%, indicating significant buy pressure from traders seeking quick gains amid the Trump-related optimism.

Political tokens linked to Trump spiked, pushing the political memecoin market cap up by 17% in a single day, surpassing $640 million. Notably, trading volume in this segment rose by 87%, with Trump-aligned tokens outperforming, while tokens linked to Vice President Harris saw declines.

Open interest (OI) for memecoins is also up, with Dogecoin reaching $1.7 billion in OI, reflecting a 27% increase over the last day. This uptick in OI suggests growing bullish sentiment as leveraged traders bet on further price rallies.

Memecoin traders are betting big, fueled by expectations for a more crypto-friendly regulatory environment under a Trump administration. Trump’s pledges to support crypto have triggered a wave of risk-on sentiment, pushing memecoins to new highs. Will the momentum last, or is a correction around the corner? The days ahead will tell.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Memecoins #Memecoin #Shib #Pepe #Doge

$DOGE  $PEPE  $SHIB

🚨 Breaking: Donald Trump Elected 47th President!

Trump’s stronghold in key swing states like Pennsylvania and Michigan secured his victory, with major networks like Fox News and AP confirming the win. Trump has already laid out bold promises for the crypto space, pledging to “end the war on crypto” and positioning the U.S. as the “crypto capital of the planet.” His policy outline includes potentially firing SEC Chair Gary Gensler—known for his strict approach to crypto regulation—and supporting crypto advocate Hester Peirce as a possible replacement.

According to Coinbase’s Stand With Crypto tracker, pro-crypto candidates made significant headway across the U.S., with nearly every state now represented by at least one pro-crypto lawmaker. This shift in legislative power promises stronger advocacy for policies supporting digital asset growth, blockchain innovation, and possibly even clearer guidance on stablecoins and DeFi.

The crypto sector is optimistic as industry leaders see Trump’s victory as a death knell for anti-crypto sentiment in the U.S. Dennis Porter, co-founder of Satoshi Action Fund, declared that the "anti-Bitcoin movement died last night." Many in the community are hopeful this administration will bring clarity to crypto policy, reduce regulatory pressures, and potentially lower barriers to institutional crypto adoption.

With a Trump-led administration and a growing contingent of crypto-friendly legislators, expectations are high for rapid shifts in the regulatory landscape. The fate of the SEC’s leadership and the impact of a pro-crypto White House on regulatory bodies like the Federal Reserve will be focal points as the new administration takes shape.

Now, let's see if Gensler gets kicked out of the SEC and how the $BTC price will develop!

#Elections2024 #DonaldTrump #Trump #KamalaHarris #magadrop  

With Eljaboom and Vineeth from Cypher Capital
during the Animoca event at the Cypher Hub!

The fun facts:
- Both invested into Bonuz!
- Eljaboom is the largest Investor of Bonuz!

What can you take out of this?
Honestly, download Bonuz and create your free onchain social id! Bonuz is supporting Binance Smart Chain!

#bonuz #bonuzmarket #bonuzrevolution #Election2024 #bitcoin

🚨 What Happens If Trump Loses? A Comedic Preview 🚨

As the 2024 U.S. presidential election approaches like the season finale of a hit series, the stakes couldn't be higher—or the drama juicier. If Donald Trump, the man who turned social media into his personal stage, loses, the aftermath could be both significant and, let's be honest, quite entertaining. Here's a light-hearted glimpse at what might unfold.

1. Policy U-Turns: From Walls to Welcome Parties
A Trump loss could flip policies faster than you can say "You're fired!" Expect swift changes in healthcare (maybe unveiling that "great plan"), climate action (because the polar bears sent a memo), immigration (less wall-building, more door-opening), and foreign policy (diplomacy without the tweetstorms). Of course, this depends on whether Congress decides to cooperate or keeps up its game of political dodgeball.

2. The Trump Base: MAGA Hats Off?
His loyal supporters might feel deflated, wondering where to channel their energy next. Or they might double down, organizing rallies with more enthusiasm than ever. The GOP could face some soul-searching, leading to debates spicier than a reality TV reunion.

3. Legal Dramas: Courtroom Cliffhangers
Without the presidential shield, Trump might face legal challenges that could rival any courtroom drama. Investigations into his finances could heat up, making headlines and perhaps some binge-worthy content.

4. International Relations: Allies Exhale
A new leader might make allies breathe a sigh of relief, looking forward to more predictable interactions (less late-night surprises). Adversaries might test boundaries, but the global stage could become a bit less of a rollercoaster ride.

Conclusion
Should Trump lose, the ripple effects would touch policies, politics, and international relations, all with a dash of drama. As the nation stands at this crossroads, the outcome promises more than just a decision on one person—it's a defining moment, with some entertainment on the side. So grab your popcorn; the world is watching, and it's sure to be quite the show.

Trump's 8 Crypto Promises For The 2024 Election!

1. Ending the “Anti-Crypto Crusade”: Trump claims he’ll put an end to what he calls Biden’s anti-crypto stance, emphasizing a right to Bitcoin mining and self-custody. He even vowed to end any plans for a US central bank digital currency.

2. “Bitcoin Made in the USA”: Trump wants to position the US as the top Bitcoin mining nation. While promoting domestic mining could bolster the energy sector and job market, centralizing BTC mining contradicts the core principle of decentralization.

3. Paying Off National Debt with Bitcoin: Trump floated the idea of using crypto to tackle the $35 trillion national debt, sparking mixed reactions. While some experts see potential in creating a national BTC reserve, they question the practicality and political feasibility.

4. A Strategic Bitcoin Reserve: Trump’s push for a national BTC stockpile aligns with existing proposals, like Senator Cynthia Lummis’s bill to build a strategic Bitcoin fund.

5. Firing SEC Chair Gary Gensler: The promise to fire SEC Chair Gary Gensler “on day one” appeals to an industry frustrated with regulation by enforcement. However, dismissing Gensler requires proving inefficiency or neglect and could take months or even over a year.

6. Creating a Crypto Advisory Council: One of Trump’s most significant commitments is forming a pro-crypto presidential advisory committee to draft precise, industry-friendly regulations within 100 days.

7. Self-Custody Rights: Enshrining the right to crypto self-custody could resonate well, especially following Senator Ted Budd’s proposed Keep Your Coins Act, which seeks to protect Americans’ rights to hold and transact through self-hosted wallets.

8. Clemency for Ross Ulbricht: Trump promised to commute the sentence of Ross Ulbricht, creator of the Silk Road, arguing that 11 years behind bars is enough.

Follow @Professor Mende - Bonuz Ecosystem Founder for more!

#Elections2024 #DonaldTrump #Trump #SEC #CryptoMarketNews
$BTC $PEPE $SHIB

🚨 US Federal Reserve Thinking About A BITCOIN BAN?

A paper published on the Minneapolis Fed’s website suggests that assets like Bitcoin could push the US into a "balanced budget trap," challenging perpetual deficit spending. The paper proposes a drastic solution: ban or tax Bitcoin to enable ongoing deficit policies. This idea triggered alarm and skepticism in the crypto world, underscoring BTC’s potential as a counterbalance to unchecked fiscal practices.

BTC’s decentralized nature acts as a "release valve" against currency debasement. If people sense their dollar assets depreciating, they might flock to alternatives like BTC, complicating a government's ability to sustain permanent deficits. Economist Daniel Lacalle finds this ironic: “It shows BTC protects against debasement, yet they’d rather suppress it than address the real fiscal issue.”

Though the idea might sound dystopian, some experts believe it’s possible for governments to curb BTC's influence by attacking its network effect—implementing laws that penalize acceptance and usage. But as William Luther and Joshua Hendrickson suggest, banning Bitcoin effectively would require unprecedented measures that most democratic nations shy away from, like restricting all foreign currencies and assets.

This thought experiment underscores BTC's role as more than a speculative asset; it symbolizes fiscal freedom and resistance to monetary manipulation. Analyst Matthew Le Merle summed it up: “Bitcoin isn’t the problem; reckless spending is.” The conversation around BTC and deficit spending hints at potential resistance the crypto community might face. “Bitcoin constrains governments by offering an external option,” says Luther. Will future policies attempt to quell that option? The debate rages on.

Stay aware with @Professor Mende - Bonuz Ecosystem Founder and HODL Bitcoin! By the people, for the people!

#Bitcoin #BTC #Bitcoinban #Bitcoinprice #FederalReserve $BTC

🗳️ $426,000,000 - That's How Much The SEC Under Gensler Cost Crypto Firms

The Blockchain Association (BA) reports that the SEC's aggressive approach under Gary Gensler has cost crypto companies at least $426 million in legal defense since 2021. The SEC's 104 enforcement cases from 2021 to 2023, targeting industry heavyweights like Binance, Ripple, and Coinbase, spotlight a "regulation by enforcement" agenda that many see as stifling innovation.

Beyond the litigation costs, the BA highlighted the deeper consequences: lost jobs, hindered innovation, and stunted U.S. tech investment. With the 2024 U.S. election fast approaching, the BA urges crypto voters—18% of the electorate—to back leaders who champion digital asset innovation.

Both sides of the political spectrum could shift the SEC's future. Donald Trump pledges to dismiss Gensler if elected, while Kamala Harris reportedly considers replacements, signaling potential policy changes. The outcome could redefine crypto’s regulatory landscape as Election Day (Nov. 5) looms.

Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated!

#Elections2024 #SEC #DonaldTrump #KamalaHarris #GaryGensler $BTC $ETH $SOL