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🚨 NOWOŚĆ: liczba portfeli#Bitcoinz saldem 10 BTC$BTC lub więcej wzrosła w lipcu o 261. 🔥
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Digital Chamber Files LEJILEX Amicus Brief in SEC Case 🚨 The Digital Chamber of Commerce has filed a motion for leave to file amicus brief in the existing lawsuit that is between LEJILEX and Crypto Freedom Alliance of Texas (CFAT) against SEC. The organization intends to assist in the plaintiffs’ goal of blocking the SEC from governing the digital assets sector without a legislative basis. Digital Chamber Files LEJILEX Amicus Brief The Digital Chamber has joined LEJILEX and the Crypto Freedom Alliance of Texas in their legal fight against the Securities and Exchange Commission (SEC). This filing was made to support the plaintiffs’ claim that the SEC has been acting beyond its jurisdiction in trying to regulate digital assets under securities laws even in the absence of clear legislation. The amicus brief focuses on the importance of having well-defined and equitable rules and guidelines that are not detrimental to the development of the digital asset industry. Subsequently, the brief states that the actions of the SEC could have dire consequences for not only LEJILEX and CFAT but the entire digital asset industry. It raises the issue that if the court does not step in, the SEC will keep on increasing its enforcement activities unjustly, and might categorize numerous digital assets as securities with no clear rules. SEC’s Regulatory Approach LEJILEX which is planning to launch a trading platform known as Legit. Exchange, in particular, is exposed to legal risks as the position of the SEC remains ambiguous. The firm claimed that it is impossible to apply for registration as a securities exchange or a broker since the SEC has not issued rules on the registration of digital asset trading platforms yet. In launching their trading platform, the plaintiffs claim that they are at risk of being subjected to enforcement actions by the SEC for operating an unregistered securities exchange. The amicus brief filed by the Digital Chamber also provides a wider perspective of the extent of the SEC’s actions. #launching #CryptoNewss #CPI_BTC_Watch

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#bitcoin☀️ v/s #USA_Election 😂 Everywhere in the crypto market $BTC #Trump 🥂

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Spot Bitcoin ETF Exempted As Options Trading Opens For Inverse Funds 🚨 Latest ETF Products on The Block On Thursday, REX Shares and Tuttle Capital Management (T-REX) announced a new product for their trading ETF lineup. The firms stated that options are now available exclusively for their T-REX ETFs. This includes the T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (BTCZ) for sophisticated traders. In the firm’s opinion, this exclusive offering affords Bitcoin investors the avenue to engage in the market with greater flexibility and strategic depth. Noteworthy, both ETFs are targeted at investors who are interested in Bitcoin but they cater to different needs. The BTCL focuses on traders that are quite optimistic about Bitcoin, provided with an opportunity to boost their daily return. On the other hand, BTCZ are for those traders who seek profit from a plunge in Bitcoin price. This enables sophisticated strategies in both rising and falling markets. Additionally, President of ETFStore Nate Geraci pointed to the fact that the offering was in no way connected to spot Bitcoin ETF. In a note to its community, REX Shares and Tuttle Capital Management highlighted that it expects a surge in interest from its trading community. “We strongly encourage all traders to approach this exclusive offering with diligence, ensuring they are well-informed about the unique characteristics and risks associated with trading options for these specialized ETFs.” SEC Remains Silent on Spot Bitcoin ETF Options Trading Meanwhile, several spot Bitcoin ETF issuers have been seeking the SEC’s approval for spot Bitcoin ETF options for a very long time. #SOFR_Spike #ETFvsBTC #CPI_BTC_Watch #SpotETFTrading

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Judge Critiques Coinbase Gensler Subpoena Effort in SEC Case 🚨 Ahearing in the case of SEC v Coinbase occurred on Thursday, during which Judge Katherine Polk Failla had concerns about the Coinbase motion to seek the personal communication of Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC) She said that Coinbase’s reasons for seeking the subpoena were ‘fatuous’ particularly on the aspect of Gensler’s past comments prior to his appointment. Kevin Schwartz, an attorney from Coinbase, stated that Gensler’s background and past statements were significant for the case. However, the judge dismissed this as inconsequential, especially the demands for information before Gensler’s tenure as chairman. SEC’s Response to Subpoena Request Jorge Tenreiro, an SEC senior trial attorney, opposed Schwartz’s claims, saying that the subpoena was irrelevant and could pose a dangerous precedence. Tenreiro pointed out that the case concerns Coinbase’s actions, not Gensler’s statements as a private person or a scholar. #US_Job_Market_Slowdown #SOFR_Spike #Megadrop

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Crypto Com Unveils Support For Render AI Ticker Rebrand 🚨 Crypto.com, a leading cryptocurrency ecosystem is leveraging its platform to help Artificial Intelligence (AI)-based token, Render (RNDR) in its rebrand mission This will mark a shift in how the token is both traded and managed on the platform going forward. As per an X post, the Crypto.com official handle confirmed the move will see the AI token rebranding its ticker symbol from RNDR to RENDER. Key Timeline In the RENDER Rebrand According to the update, to achieve the total rebrand of the token several notable steps will be carried out. On July 16, RNDR Perpetuals will cease to exist as it will get delisted on the Crypto.com exchange. Similarly, RNDR will be delisted on the Crypto (dot) com app and exchange, six days later on July 22. Another significant schedule on the rebrand timeline is July 22. As per the statement by Crypto.com, on that date, all trading, deposits, and withdrawals of the token’s ERC-20 version will be removed. Additionally, Cronos-based RNDR will be permanently deleted while trading will be paused. As for the one-for-one reissue of tokens from RNDR to RENDER, users will need to wait as there is no set timeline for it yet. However, users will get updates at a future date and do not need to initiate any action for the reissue. At the time of writing, it is priced for $6.23 with hopes of a major rebound in the near future. Render Network is a peer-to-peer network that allows AI apps and entertainment producers to rent unused GPU capacity. Assessing these services requires Render Network’s native cryptocurrency now #Megadrop #SOFR_Spike #CPI_BTC_Watch

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