Buy some alt coins here. If btc stay some days in same position they will sky rocket. But if btc down from here then buy alt from lowest levels and hold.
JUST IN: SEC Chair Gary Gensler on Spot #Bitcoin ETF approval: "We do things according to our authorities and how courts interpret our authorities and that's what we'll do here."
Does the level of SEC engagement signify things are getting easier?
- Grayscales court victory was a BIG defeat for the SEC, so how the "courts interpret our authorities" is an important concession by GG. - The SEC has since started an unprecedented process of engagement with ETF applicants. - Numerous amendments and refilings have been made. #etf #sec #btc #fet
JUST IN: 🇺🇸 BlackRock has amended its #Bitcoin ETF structure to make it easier for Wall Street banks like Goldmans and JP Morgan to own Bitcoin — even though regulations prevent banks from holding $BTC directly.
This model is designed to improve investor protection and reduce transaction costs, both key SEC requirements for approval.
Update: New Grayscale S-3/Prospectus #Bitcoin ETF filing to convert $GBTC. Right off the bat the biggest update is the plan to change $GBTC's ticker to $BTC (which was expected). Skimming through the rest now.
Gary Gensler pumped $FTT over 100% with a single comment about FTX yesterday. He crashed multiple altcoins by passively deeming them unregistered securities in enforcement actions against various platforms.
No human being has manipulated the price of crypto assets more than the very “cop on the beat” who is responsible for “protecting” investors.
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media reports claiming that Hamas raised a large sum of money in cryptocurrency.
Crypto Not Major Funding Source for Terrorist Groups Wally Adeyemo, United States Deputy Secretary of the Treasury, addressed the role of cryptocurrency in financing terrorist organizations during an interview on Friday with the Royal United Services Institute (RUSI)’s Centre for Financial Crime and Security Studies.
Several news outlets, including the Wall Street Journal, recently reported that Hamas raised millions of dollars in crypto. However, blockchain data analytics firm Elliptic clarified that these media reports misrepresented its data, and there is actually no evidence that Hamas has received large volumes of crypto funds.
Adeyemo said during Friday’s interview:
Today I would say that … the use of crypto is not the vast majority of the ways that these groups are funded.
“I think the way to think about this is that they [crypto] are evolving like everyone else is evolving. When you think about when modern sanctions started to be used in 2001, many of these terrorist groups were using, at that point, the traditional banking system,” he explained, emphasizing:
They continued to use the traditional banking system. That’s why we continue to work with financial institutions.
“But as the modern internet came into play, many of these groups started to fundraise using things like Venmo, Paypal, and these products,” Adeyemo noted. “And we worked closely with those companies to prevent them from being abused by these actors as well.”