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SEC's planned appeal of the court's ruling in the Ripple case
Lawyer Jeremy Hogan is predicting a very tough road ahead for the SEC's planned appeal of the court's ruling in the #ripple case. In a recent blog post, Hogan argued that the SEC's case is "fundamentally weak" and that the SEC is unlikely to succeed on appeal.
Hogan made a number of points in support of his argument. First, he argued that the SEC's interpretation of the Howey Test, which is the legal test used to determine whether a security has been offered or sold, is too broad and would capture a wide range of transactions that are not intended to be securities offerings.
Second, Hogan argued that the SEC has failed to prove that Ripple's #xrp sales were investment contracts under the Howey Test. He pointed out that Ripple did not promise investors a guaranteed return on their investment, and that XRP investors did not expect to profit solely from the efforts of Ripple.
Third, Hogan argued that the SEC's case is being harmed by the recent decline in the cryptocurrency market. He pointed out that XRP's price has fallen significantly since the SEC filed its lawsuit in December 2020, and that this decline in price undermines the SEC's argument that XRP investors were motivated by the expectation of profits.
Overall, Hogan believes that the SEC's case is "weak" and that the SEC is unlikely to succeed on appeal. He predicts that the SEC will either lose the appeal or be forced to settle the case with Ripple on favorable terms.
It is important to note that Hogan's views are his own and do not necessarily reflect the views of the court or any other parties involved in the Ripple case. The outcome of the SEC's appeal is still uncertain, and it is possible that the SEC could prevail. However, Hogan's analysis provides some valuable insights into the potential challenges that the SEC faces in its appeal.
$XRP
Lawyer Jeremy Hogan is predicting a very tough road ahead for the SEC's planned appeal of the court's ruling in the #ripple case. In a recent blog post, Hogan argued that the SEC's case is "fundamentally weak" and that the SEC is unlikely to succeed on appeal.
Hogan made a number of points in support of his argument. First, he argued that the SEC's interpretation of the Howey Test, which is the legal test used to determine whether a security has been offered or sold, is too broad and would capture a wide range of transactions that are not intended to be securities offerings.
Second, Hogan argued that the SEC has failed to prove that Ripple's #xrp sales were investment contracts under the Howey Test. He pointed out that Ripple did not promise investors a guaranteed return on their investment, and that XRP investors did not expect to profit solely from the efforts of Ripple.
Third, Hogan argued that the SEC's case is being harmed by the recent decline in the cryptocurrency market. He pointed out that XRP's price has fallen significantly since the SEC filed its lawsuit in December 2020, and that this decline in price undermines the SEC's argument that XRP investors were motivated by the expectation of profits.
Overall, Hogan believes that the SEC's case is "weak" and that the SEC is unlikely to succeed on appeal. He predicts that the SEC will either lose the appeal or be forced to settle the case with Ripple on favorable terms.
It is important to note that Hogan's views are his own and do not necessarily reflect the views of the court or any other parties involved in the Ripple case. The outcome of the SEC's appeal is still uncertain, and it is possible that the SEC could prevail. However, Hogan's analysis provides some valuable insights into the potential challenges that the SEC faces in its appeal.
$XRP
The wallet address swiftly transferred the 2,000 $ETH coins to four new wallet addresses after awakening from its long sleep.
A long-dormant #Ethereum wallet containing 2,000 $ETH from the genesis era of #Blockchain has suddenly shown signs of life after over 8 years of dormancy.
A long-dormant #Ethereum wallet containing 2,000 $ETH from the genesis era of #Blockchain has suddenly shown signs of life after over 8 years of dormancy.
Top 6 Meme Coins to buy before the next bull run 2024/2025
1. $SHIB
2. $DOGE
3. $FLOKI
4. #Babydogecoin
5. #dogelon
6. #pepe
Please #dyor do your own research before buying any crypto currency, I am not a financial advisor.
Thank you!
1. $SHIB
2. $DOGE
3. $FLOKI
4. #Babydogecoin
5. #dogelon
6. #pepe
Please #dyor do your own research before buying any crypto currency, I am not a financial advisor.
Thank you!
Pros and Cons of investing in #Meme coins:
Meme coins are highly speculative and volatile investments. They are often driven by hype and social media trends, and their prices can fluctuate wildly. However, some meme coins have also shown remarkable resilience and have generated significant returns for investors.
Here are some of the pros and cons of investing in meme coins:
Pros:
Potential for high returns: Meme coins have the potential to generate very high returns for investors, especially if they are able to catch a wave of hype.
Active communities: Many meme coins have active and engaged communities that are passionate about the project.
Low entry price: Many meme coins have low entry prices, making them accessible to investors with small budgets.
Cons:
High risk: Meme coins are highly speculative and risky investments. Their prices can fluctuate wildly, and there is a risk of losing your entire investment.
Lack of utility: Many meme coins have little or no utility beyond being a speculative investment.
#Pump-and-#dump schemes: Meme coins are often targeted by pump-and-dump schemes, where a group of investors artificially inflates the price of a coin before selling for a #profit.
#Meme coins are a high-risk, high-reward investment. If you are considering investing in meme coins, it is important to #dyor do your own research and understand the risks involved.
Meme coins are highly speculative and volatile investments. They are often driven by hype and social media trends, and their prices can fluctuate wildly. However, some meme coins have also shown remarkable resilience and have generated significant returns for investors.
Here are some of the pros and cons of investing in meme coins:
Pros:
Potential for high returns: Meme coins have the potential to generate very high returns for investors, especially if they are able to catch a wave of hype.
Active communities: Many meme coins have active and engaged communities that are passionate about the project.
Low entry price: Many meme coins have low entry prices, making them accessible to investors with small budgets.
Cons:
High risk: Meme coins are highly speculative and risky investments. Their prices can fluctuate wildly, and there is a risk of losing your entire investment.
Lack of utility: Many meme coins have little or no utility beyond being a speculative investment.
#Pump-and-#dump schemes: Meme coins are often targeted by pump-and-dump schemes, where a group of investors artificially inflates the price of a coin before selling for a #profit.
#Meme coins are a high-risk, high-reward investment. If you are considering investing in meme coins, it is important to #dyor do your own research and understand the risks involved.
The cost of mining #Bitcoin has been increasing in recent years due to a number of factors, including:
$BTC
Rising energy costs: Bitcoin #mining requires a lot of energy, and the cost of energy has been rising in many parts of the world.
Increasing competition among miners: More and more people are mining Bitcoin, and this competition is driving up the cost of mining hardware and software.
The Bitcoin halving: The Bitcoin #halving is an event that occurs every 210,000 blocks (approximately every four years) where the block #reward for mining Bitcoin is reduced by half. This makes it more difficult and expensive to mine Bitcoin.
The increasing cost of mining Bitcoin has a number of implications. First, it makes it more difficult for new miners to enter the market. Second, it puts pressure on existing miners to become more efficient. Third, it can lead to higher Bitcoin prices, as miners need to charge higher prices for their Bitcoin to cover their costs.
Here are some of the ways that miners are trying to reduce their costs:
Investing in more efficient mining hardware: Miners are investing in more efficient mining hardware that can produce more Bitcoin with less energy.
Moving to regions with lower energy costs: Miners are moving to regions with lower energy costs, such as those with abundant renewable energy resources.
Joining mining pools: Miners are joining mining #pools to share resources and reduce costs.
$BTC
Rising energy costs: Bitcoin #mining requires a lot of energy, and the cost of energy has been rising in many parts of the world.
Increasing competition among miners: More and more people are mining Bitcoin, and this competition is driving up the cost of mining hardware and software.
The Bitcoin halving: The Bitcoin #halving is an event that occurs every 210,000 blocks (approximately every four years) where the block #reward for mining Bitcoin is reduced by half. This makes it more difficult and expensive to mine Bitcoin.
The increasing cost of mining Bitcoin has a number of implications. First, it makes it more difficult for new miners to enter the market. Second, it puts pressure on existing miners to become more efficient. Third, it can lead to higher Bitcoin prices, as miners need to charge higher prices for their Bitcoin to cover their costs.
Here are some of the ways that miners are trying to reduce their costs:
Investing in more efficient mining hardware: Miners are investing in more efficient mining hardware that can produce more Bitcoin with less energy.
Moving to regions with lower energy costs: Miners are moving to regions with lower energy costs, such as those with abundant renewable energy resources.
Joining mining pools: Miners are joining mining #pools to share resources and reduce costs.
BITCOIN HALVING AND ITS IMPACT ON ALT COINS:
$BTC Bitcoin halving is an event that occurs every 210,000 blocks (approximately every four years) where the block reward for mining Bitcoin is reduced by half. This is done to reduce the rate at which new Bitcoin enters circulation and to eventually create a scarcity of the asset.
The next Bitcoin halving is expected to occur in early-to-mid 2024.
Bitcoin halving can have a significant impact on the altcoin market. In the past, Bitcoin halvings have been followed by periods of bullish price action for both Bitcoin and altcoins. This is because investors often see Bitcoin halvings as a sign of scarcity and future value.
However, it is important to note that there is no guarantee that Bitcoin halving will always lead to a bullish market for altcoins. Other factors, such as overall market sentiment and macroeconomic conditions, can also play a role in determining the price of altcoins.
Here are some of the potential effects of Bitcoin halving on altcoins:
Increased demand for altcoins: If Bitcoin halving leads to a bullish market for Bitcoin, this could also lead to increased demand for altcoins. Investors may be looking to diversify their portfolios or to invest in altcoins with the potential to outperform Bitcoin.
Increased competition for capital: If Bitcoin halving leads to a bullish market for both Bitcoin and altcoins, this could also lead to increased competition for capital. This is because investors may have limited resources to invest and may need to choose between different cryptocurrencies.
Increased volatility: Bitcoin halvings can lead to increased volatility in the altcoin market. This is because investors may be more likely to buy and sell altcoins during periods of high market volatility.
Overall, the effects of Bitcoin halving on altcoins are complex and depend on a variety of factors. However, it is important to be aware of the potential effects of Bitcoin halving so that you can make informed investment decisions.
#dyor do your own research...
$BTC Bitcoin halving is an event that occurs every 210,000 blocks (approximately every four years) where the block reward for mining Bitcoin is reduced by half. This is done to reduce the rate at which new Bitcoin enters circulation and to eventually create a scarcity of the asset.
The next Bitcoin halving is expected to occur in early-to-mid 2024.
Bitcoin halving can have a significant impact on the altcoin market. In the past, Bitcoin halvings have been followed by periods of bullish price action for both Bitcoin and altcoins. This is because investors often see Bitcoin halvings as a sign of scarcity and future value.
However, it is important to note that there is no guarantee that Bitcoin halving will always lead to a bullish market for altcoins. Other factors, such as overall market sentiment and macroeconomic conditions, can also play a role in determining the price of altcoins.
Here are some of the potential effects of Bitcoin halving on altcoins:
Increased demand for altcoins: If Bitcoin halving leads to a bullish market for Bitcoin, this could also lead to increased demand for altcoins. Investors may be looking to diversify their portfolios or to invest in altcoins with the potential to outperform Bitcoin.
Increased competition for capital: If Bitcoin halving leads to a bullish market for both Bitcoin and altcoins, this could also lead to increased competition for capital. This is because investors may have limited resources to invest and may need to choose between different cryptocurrencies.
Increased volatility: Bitcoin halvings can lead to increased volatility in the altcoin market. This is because investors may be more likely to buy and sell altcoins during periods of high market volatility.
Overall, the effects of Bitcoin halving on altcoins are complex and depend on a variety of factors. However, it is important to be aware of the potential effects of Bitcoin halving so that you can make informed investment decisions.
#dyor do your own research...
On October 21st, according to ultrasound.money data, the circulating supply of Ethereum has grown by over 40,000 since the merge. Previously, the circulating supply of $ETH had declined by over 300,000 before the merge due to reduced network usage, lower transaction fees, and an increased issuance rate compared to the destruction rate. Currently, the amount of circulating supply reduction compared to before the merge has decreased to around 257,000.
Insomnia Labs, a #blockchain technology company based in New York, has launched a new loyalty program called 'Loyalty+' that aims to bring brands into the world of #Web3.
The program uses blockchain, #NFTs, and #Al to offer a platform where communities can engage with their favorite brands and earn rewards
The program uses blockchain, #NFTs, and #Al to offer a platform where communities can engage with their favorite brands and earn rewards
$XRP has attracted the attention of esteemed market analyst EGRAG, who predicts that the asset will surge by an unprecedented amount to $27 based on a complex web of Elliott Wave patterns.
EGRAG based his recent assessment on three Elliott Wave patterns: a larger one and two smaller ones. Each of the patterns consists of five waves. The larger pattern began in 2013 and still endures. XRP is currently trading within Wave 3 of the larger pattern.
While the larger pattern has persisted since 2013, XRP has traversed two smaller patterns since then. The first smaller pattern also began in 2013, but it ended in late 2017, with XRP completing its Wave 5 in December 2017. The second smaller pattern began in March 2020.
XRP is currently stalled within the second smaller pattern. However, in an interesting twist of events, the asset is trading in the Wave 3 of the larger pattern and also in the Wave 3 of the second smaller pattern. EGRAG drew attention to the significance of this Wave 3.
**Please #dyor (do your own research) before buying any crypto currency.
Thank you!
EGRAG based his recent assessment on three Elliott Wave patterns: a larger one and two smaller ones. Each of the patterns consists of five waves. The larger pattern began in 2013 and still endures. XRP is currently trading within Wave 3 of the larger pattern.
While the larger pattern has persisted since 2013, XRP has traversed two smaller patterns since then. The first smaller pattern also began in 2013, but it ended in late 2017, with XRP completing its Wave 5 in December 2017. The second smaller pattern began in March 2020.
XRP is currently stalled within the second smaller pattern. However, in an interesting twist of events, the asset is trading in the Wave 3 of the larger pattern and also in the Wave 3 of the second smaller pattern. EGRAG drew attention to the significance of this Wave 3.
**Please #dyor (do your own research) before buying any crypto currency.
Thank you!
Top 10 crypto currencies to buy before the next bull run.
1.$BTC
2. $ETH
3. BNB
4. $XRP
5. Chainlink
6. Solana
7. Polygon
8. Polkadot
9. Cardano
10. Bone Shibaswap
**Before buying any #crypto currency, please #dyor (do your own research) because I am not a financial advisor.
Thank you!
1.$BTC
2. $ETH
3. BNB
4. $XRP
5. Chainlink
6. Solana
7. Polygon
8. Polkadot
9. Cardano
10. Bone Shibaswap
**Before buying any #crypto currency, please #dyor (do your own research) because I am not a financial advisor.
Thank you!
#Grayscale submitted a fresh application to the Securities and Exchange Commission for its Grayscale Bitcoin($BTC ) Trust as it seeks to obtain one of the first spot Bitcoin ETFs in the US.
The application, filed Thursday, is laying the groundwork for the company's Grayscale Bitcoin Trust ($GBTC) digital currency investment product to operate as a spot Bitcoin ETF listed on the New York Stock Exchange, pending SEC approval of its S-3 form.
GBTC is ready to operate as an ETF once it receives these regulatory approvals, and Grayscale is eager to work cooperatively and promptly with the SEC on these matters on behalf of GBTC's investors.
The application, filed Thursday, is laying the groundwork for the company's Grayscale Bitcoin Trust ($GBTC) digital currency investment product to operate as a spot Bitcoin ETF listed on the New York Stock Exchange, pending SEC approval of its S-3 form.
GBTC is ready to operate as an ETF once it receives these regulatory approvals, and Grayscale is eager to work cooperatively and promptly with the SEC on these matters on behalf of GBTC's investors.
IBM has unveiled a prototype AI chip called NorthPole. The chip is designed to be more energy-efficient and faster than existing AI chips.
NorthPole is based on a new type of transistor called a memristor. Memristors are able to store information in a more energy-efficient way than traditional transistors. This makes NorthPole ideal for running AI applications, which can be very computationally expensive.
IBM claims that NorthPole is 25 times more energy-efficient than existing AI chips and 22 times faster. This could lead to significant reductions in the cost of running AI applications.
NorthPole is still in the prototype stage, but IBM is hoping to commercialize the chip within the next few years. If successful, NorthPole could have a major impact on the AI industry.
NorthPole is based on a new type of transistor called a memristor. Memristors are able to store information in a more energy-efficient way than traditional transistors. This makes NorthPole ideal for running AI applications, which can be very computationally expensive.
IBM claims that NorthPole is 25 times more energy-efficient than existing AI chips and 22 times faster. This could lead to significant reductions in the cost of running AI applications.
NorthPole is still in the prototype stage, but IBM is hoping to commercialize the chip within the next few years. If successful, NorthPole could have a major impact on the AI industry.
#Microsoft CEO Satya Nadella has announced plans to integrate #AI tech stacks into every layer of the company's products and services. He believes that this will help Microsoft to maintain its competitive edge and to develop new and innovative products and services.
#Microsoft is already using #AI in a number of its products and services, including Azure, Office, and #Windows. However, Nadella wants to go further and make AI a core part of everything that Microsoft does.
One of the ways that Microsoft is integrating AI into its products and services is by developing new AI tools and services. For example, Microsoft recently launched Azure Cognitive Services, which is a suite of AI services that can be used to add intelligence to applications.
#Microsoft is already using #AI in a number of its products and services, including Azure, Office, and #Windows. However, Nadella wants to go further and make AI a core part of everything that Microsoft does.
One of the ways that Microsoft is integrating AI into its products and services is by developing new AI tools and services. For example, Microsoft recently launched Azure Cognitive Services, which is a suite of AI services that can be used to add intelligence to applications.
#Bitcoin and #XRP Rally After SEC Dropped Charges Against Ripple Leaders
$BTC and $XRP , the two largest cryptocurrencies by market capitalization, rallied on Friday after the U.S. The Securities and Exchange Commission (SEC) dropped charges against two Ripple Lab executives.
Bitcoin and XRP prices surged following the news. Bitcoin rose above $30,000 for the first time in two months, while XRP jumped by over 50%.
$BTC and $XRP , the two largest cryptocurrencies by market capitalization, rallied on Friday after the U.S. The Securities and Exchange Commission (SEC) dropped charges against two Ripple Lab executives.
Bitcoin and XRP prices surged following the news. Bitcoin rose above $30,000 for the first time in two months, while XRP jumped by over 50%.
