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🚨Reminder:
 🗣️Fed Chairman Jerome Powell will give a speech today at 20:15.
 📣Today, Ethernity ( #ERN ) will make an announcement.
 📣Today, Mantra ( #OM ) will make an announcement.

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SEC's Lawsuit Against Ripple The #SEC has submitted its final response in the ongoing lawsuit against Ripple, which has significantly impacted XRP's price. Analysts believe this could lead to a potential price surge, with optimistic forecasts suggesting $XRP could reach up to $1.68 if the lawsuit concludes favorably

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Bitcoin and Blockchain Roundtable A significant roundtable discussion is scheduled in Washington D.C., organized by U.S. Congressman Ro Khanna. The event will include key officials from the Biden administration, members of Congress, and businessman Mark Cuban. The meeting aims to develop strategies to keep #Bitcoin and #blockchain innovation in the United States

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Ethereum Spot ETF Launch: #Bloomberg analyst Eric Balchunas reported that the launch date for the highly anticipated spot #Ethereum ETF is potentially set for July 2. This comes after the #SEC provided light comments on the S-1 filings, suggesting possible approval before the holiday weekend

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Bitcoin Analyst Said “The Next 6 Months Will Be Awesome” and Explained the Reason Data from Coinbase, the largest cryptocurrency exchange in the USA, indicates that Bitcoin may have already bottomed. The fact that Bitcoin is being sold at a discounted price on the Coinbase exchange may mean that BTC has bottomed and is preparing to move upwards. David Lawant, research manager of cryptocurrency trading platform FalconX, asked: “Is the darkest moment of the night the moment closest to dawn?” He shared a graphic with his comment.

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SEC Holds Silvergate Responsible for FTX Collapse: Direct Lawsuit Filed The Securities and Exchange Commission filed a lawsuit against Silvergate Bank. The regulator took aim at Silvergate, which officially closed and went into liquidation last year. He accused them of misleading customers and investors about the effectiveness of compliance programs, including anti-money laundering efforts. In addition to the bank itself, the lawsuit names former CEO Alan Lane, former Chief Risk Officer Kathleen Freher, and former Chief Financial Officer Antonio Martino as defendants. In SEC court documents, In SEC filings and other public statements, SCC, Lane and Fraher misrepresented the operational and legal risks facing the Bank by falsely stating that the Bank had an effective BSA/AML compliance program tailored to the increasing risks posed by its crypto asset customers. Crypto-friendly bank Silvergate was sued by the SEC over alleged breaches that led to a $63 million settlement. The SEC notes that the bank “currently involves one of its most notorious clients, FTX (the crypto asset trading platform that imploded in November 2022). It also claimed that “FTX has conducted extensive due diligence and transaction monitoring on these customers, including their respective entities.” However, the program was “inadequate”. Silvergate staff were able to track $9 billion in transfers from FTX-related entities during the investigation, which took place less than a week after the crash. SEC lawyers, Most troubling to BSA staff was the trend of funds flowing from FTX's custody accounts (which hold FTX customer funds) into the accounts of a number of unattended FTX-related entities. These funds were then transferred to other third parties through the person or to accounts outside the Bank.

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Legfrissebb hírek

Bitcoin(BTC) Surpasses 62,000 USDT with a Narrowed 1.46% Decrease in 24 Hours

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BNB Surpasses 580 USDT with a Narrowed 0.48% Decrease in 24 Hours

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Aptos Foundation Announces Its First Global Online Hackathon CodeCollision

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Phantom To Enhance Search Bar Functionality On X Platform

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CleanSpark's Bitcoin Production Surges in June

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