JUST IN: RFK Jr. pledges to sign an executive order for the | Laraxen on Binance Square

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JUST IN: RFK Jr. pledges to sign an executive order for the 🇺🇸 US to purchase 550 #Bitcoin per day to build a reserve of 4 million BTC if elected president. #Bitcoin_Coneference_2024 

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#Binance was a proud participant in the Mekong – U.S. Partnership Track 1.5 Policy Dialogue on Countering Online Scam Operations hosted in Bangkok. Kudos to Stimson Center and key stakeholders UNODC, the U.S State Department, PPATK Financial Intelligence Unit, and anti-human trafficking/organised crime related NGOs.

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New move from Binance and CZ against the SEC CZ, the former CEO of Binance and the exchange, has filed a new application for the court to reject the amended complaint file in the lawsuit filed by the SEC. Binance and CZ's lawyers stated that the SEC's charges were not based on any legal basis and all comments were arbitrary. In the lawsuit filed by the US Securities and Exchange Commission (SEC) against the Binance exchange and its former CEO Changpeng Zhao in June last year, a new move came from the exchange lawyers. The lawyers representing Binance and the CZ side demanded that the SEC's court dismiss a complaint motion that had been amended on the matter. "They don't count the judge's decision" In the file submitted to the court, it was said that "the SEC does not insincerely state that cryptocurrencies are not securities on their own, even though it is a court decision, and does not count the judge's decision." As it is known, in a year since the case, this June, the court judge did not accept many of Binance's rejection requests, but stated that the secondary sales of BUSD and "Simple Earn" program and BNB were not investment contracts. Here, the SEC wants these products, which the court rejects, to be considered securities sales again. 'They are still acting arbitrarily' Binance and CZ lawyers state that the court has made the final decision on this issue: “The SEC's claims here have no legal validity and logic. The institution continues to choose the winners and losers according to its own taste. Finally, without making any statement, they also gave up on their claims that Ether transactions had investment contract status. The problem with the SEC is that it acts with theories and stays away from the facts. Despite the 89-page summary given by the court, the allegations remain legally invalid.

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Asset management company Bernstein: Trump's win could move Bitcoin to $90,000 in a few weeks. If Harris wins, the price could drop to $50k.

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Who do the leaders of the crypto support in the US presidential election? Looking at the table, Donald Trump has taken almost the entire sector behind him. Kamala Harris's supporters in crypto, although few in number, are also important names among them. We start with Trump 👇 Trump's support staff is quite crowded. Tesla CEO Elon Musk, Cardano founder Charles Hoskinson, Gemini founders Winklevosslar, Ark Invest CEO Cathie Wood and Kraken founder Jesse Powell stand out. Harris' biggest supporter in crypto is Ripple's co-founder Chris Larsen. Larsen also donated $12 million to Harris.

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Election excitement brought $2.2 billion to crypto funds Last week, when Bitcoin came very close to its March record, surpassing $73,500, crypto funds also knew how to take advantage of this enthusiasm. While $2.2 billion was entering the funds, there was also a rise in "short-Bitcoin" funds, which invested in the fall of Bitcoin. The US elections continue to determine the short-term trend in the crypto world. According to the report published by CoinShares last week, net $2.2 billion entered crypto funds. High investment in "Short-Bitcoin" In the report, it was stated that with the high probability of Trump winning the election at the beginning of the week, investment in funds increased to serious levels, but with the rise in Kamala Harris on Friday, a sales-heavy path was entered. Especially in this last episode, while the investment in "short-Bitcoin" funds, which invested in the fall of Bitcoin, increased, the funds completed the week with a net inflow of $8.9 million. It was last seen in June While the net investment value of crypto funds since the beginning of the year was 29.2 billion dollars, the total asset value under management has increased to 102 billion dollars. This level was last seen in June. While Solana funds received a net investment of 5.7 million dollars, other altcoins saw slight outflows. Ether funds are far behind again Ethereum funds were also well behind the Bitcoin funds that received $2.1 billion in investment and saw a net inflow of 9.5 million dollars. Since the beginning of the year, Bitcoin funds have received a net investment of $27 billion, this figure is only at the level of $758 million for Ether funds. The most invested funds of the week were BlackRock's Bitcoin and Ether ETFs. Two ETFs totaled $2.2 billion. While Grayscale received 116 million dollars on a weekly basis, Fidelity's ETFs received $90 million.

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