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🚨 Forget everything you know about GameFi.
$HMSTR
{spot}(HMSTRUSDT)
Hamster Kombat isn't just a tap-to-earn game. It's a cultural phenomenon onboarding millions to crypto through Telegram.
• User Growth: 200 Million players in 90 days. For context, that's faster than ChatGPT.
• The Airdrop Engine: Its upcoming token ($HMSTR?) is the most anticipated airdrop of 2025. It's teaching users about wallets, self-custody, and exchanges before they even own a coin.
• The Bigger Picture: This proves the "Tap-to-Earn" model is the ultimate gateway. It's simple, social, and sits inside an app people already use.
Why this matters for you: The projects that solve user onboarding will capture the next 100x wave. Watch the chains and tokens that support this ecosystem.
🎯 Have you tapped your hamster today? What's the next big Telegram game?
#HamsterKombat #Telegram #Airdrop #HamsterTapTap #Hamstercombo
$HMSTR
{spot}(HMSTRUSDT)
Hamster Kombat isn't just a tap-to-earn game. It's a cultural phenomenon onboarding millions to crypto through Telegram.
• User Growth: 200 Million players in 90 days. For context, that's faster than ChatGPT.
• The Airdrop Engine: Its upcoming token ($HMSTR?) is the most anticipated airdrop of 2025. It's teaching users about wallets, self-custody, and exchanges before they even own a coin.
• The Bigger Picture: This proves the "Tap-to-Earn" model is the ultimate gateway. It's simple, social, and sits inside an app people already use.
Why this matters for you: The projects that solve user onboarding will capture the next 100x wave. Watch the chains and tokens that support this ecosystem.
🎯 Have you tapped your hamster today? What's the next big Telegram game?
#HamsterKombat #Telegram #Airdrop #HamsterTapTap #Hamstercombo
Really? Why isnt listed n binance?
$BTTC
{spot}(BTTCUSDT)
🌟 **#BTTC Will it reach $1 by 2026? Is it a dream... or a reality that will be written in the history of cryptocurrencies? 🤯📉📈** 🌟
🔥 Can you believe that the currency that now costs less than **one cent**... could reach **a full dollar** in just two years? 💰✨
Yes... we are talking about **BitTorrent Chain (BTTC)** — the project that connects blockchain worlds, offering incredible speed and amazing costs! ⚡🌐
---
📉 **The current reality**:
$0.0008 — Yes, less than 1 cent! 😱
📈 **The impossible goal?**: $1.00 — a **100,000% increase**! 🎯💥
But... in the world of cryptocurrencies...
> **Nothing is impossible... except what is not attempted!** 🌈🚀
---
💡 **Why do we believe this is "not just a dream"?**
✅ Powerful technology backing thousands of decentralized applications.
✅ Strategic alliances with major market players.
✅ An active and growing community day by day.
✅ Possibility of integrating BTTC into wallets and major exchange centers soon! 📲💼
---
🎯 **Are you ready to surf the wave before it becomes a giant wave?**
📌 Keep a small part... don't forget that **investing in small coins is like riding a rocket — risky... but the reward can be fantastic!** 🚀💎
---
💬 **Share your opinion**:
👉 Do you think BTTC will reach $1 by 2026?
✅ Yes — a reality that is approaching!
❌ No — just a nice dream!
🔁 Or maybe... is there a third scenario?
{spot}(BTTCUSDT)
🌟 **#BTTC Will it reach $1 by 2026? Is it a dream... or a reality that will be written in the history of cryptocurrencies? 🤯📉📈** 🌟
🔥 Can you believe that the currency that now costs less than **one cent**... could reach **a full dollar** in just two years? 💰✨
Yes... we are talking about **BitTorrent Chain (BTTC)** — the project that connects blockchain worlds, offering incredible speed and amazing costs! ⚡🌐
---
📉 **The current reality**:
$0.0008 — Yes, less than 1 cent! 😱
📈 **The impossible goal?**: $1.00 — a **100,000% increase**! 🎯💥
But... in the world of cryptocurrencies...
> **Nothing is impossible... except what is not attempted!** 🌈🚀
---
💡 **Why do we believe this is "not just a dream"?**
✅ Powerful technology backing thousands of decentralized applications.
✅ Strategic alliances with major market players.
✅ An active and growing community day by day.
✅ Possibility of integrating BTTC into wallets and major exchange centers soon! 📲💼
---
🎯 **Are you ready to surf the wave before it becomes a giant wave?**
📌 Keep a small part... don't forget that **investing in small coins is like riding a rocket — risky... but the reward can be fantastic!** 🚀💎
---
💬 **Share your opinion**:
👉 Do you think BTTC will reach $1 by 2026?
✅ Yes — a reality that is approaching!
❌ No — just a nice dream!
🔁 Or maybe... is there a third scenario?
If so… why is not listed on binance
🚀💥 $BTTC HYPE MODE ACTIVATED!
Price: 0.00000042
FAM, JUST IMAGINE 🤯
If $BTTC reaches $1, my little pile of 70K turns into $1,000,000! 😍💸🔥
The heat is REAL 🥵💫 LET'S GO! 🤣
.
.
.
.
.
#BinanceHODLerAT #BTTC #BTTcReward
Price: 0.00000042
FAM, JUST IMAGINE 🤯
If $BTTC reaches $1, my little pile of 70K turns into $1,000,000! 😍💸🔥
The heat is REAL 🥵💫 LET'S GO! 🤣
.
.
.
.
.
#BinanceHODLerAT #BTTC #BTTcReward
See original
It's no longer on Binance
$BTTC
Choose One Gate 🚪
Either through $0.00000043 or through 1.00$ ‼️‼️✅ cHoSe.....
Choose One Gate 🚪
Either through $0.00000043 or through 1.00$ ‼️‼️✅ cHoSe.....
See original
Hahaha the beauty of dreaming
$SOL
{spot}(SOLUSDT)
$BNB $
{spot}(BNBUSDT)
{spot}(XRPUSDT)
Later, don't say I didn't warn you.
2026 will be insane. 🟢💰
📌The opportunity is in front of all of us, those in the crypto market know that the big pump is still going to happen.
{spot}(SOLUSDT)
$BNB $
{spot}(BNBUSDT)
{spot}(XRPUSDT)
Later, don't say I didn't warn you.
2026 will be insane. 🟢💰
📌The opportunity is in front of all of us, those in the crypto market know that the big pump is still going to happen.
See original
Why is it no longer on Binance?
🏗️💰 While the market screams, $BTTC builds silently: Here’s what’s happening behind the scenes!
For investors who are only looking at the declining price... it’s time to lift your heads and focus on the fundamentals! 📡🔥
Yes, the price of $BTTC (BitTorrent) may be experiencing a painful decline (↘️ down 3% in 24 hours, with a deeper monthly drop). But don’t let the short-term noise distract you from the real story: technology is quietly blooming!
📉 A quick glance at the market (while we don’t care):
Price: \text{\$0.00000044}
Market Cap: $\text{~430M}
Circulating Supply: \text{\~986 trillion BTTC}
(Yes, the numbers look big, but what’s happening behind the scenes is more important!)
🚀 Huge technical upgrades ignite the future (news not everyone has heard):
This is where the real investment lies. $BTTC is doing "silent engineering" that will change the game:
1. BTTC 2.0 Network (due: July 2025)
Radical shift to a Proof of Stake (PoS) system.
Energy Savings: Reducing energy consumption by about 89%! 🔋
Scalability: A more efficient and faster Multi-Chain environment.
2. BTFS v4.0 Upgrade (decentralized storage)
Enhanced smart contracts for metadata.
Dedicated Decentralized Storage Nodes.
Community Governance: Introduction of \text{BTIP} proposals to drive governance by the community.
3. Ongoing Corrections
Latest correction (\text{BTTC Layer v1.0.8}) to enhance network performance and tracking.
What do you think! 👇
For investors who are only looking at the declining price... it’s time to lift your heads and focus on the fundamentals! 📡🔥
Yes, the price of $BTTC (BitTorrent) may be experiencing a painful decline (↘️ down 3% in 24 hours, with a deeper monthly drop). But don’t let the short-term noise distract you from the real story: technology is quietly blooming!
📉 A quick glance at the market (while we don’t care):
Price: \text{\$0.00000044}
Market Cap: $\text{~430M}
Circulating Supply: \text{\~986 trillion BTTC}
(Yes, the numbers look big, but what’s happening behind the scenes is more important!)
🚀 Huge technical upgrades ignite the future (news not everyone has heard):
This is where the real investment lies. $BTTC is doing "silent engineering" that will change the game:
1. BTTC 2.0 Network (due: July 2025)
Radical shift to a Proof of Stake (PoS) system.
Energy Savings: Reducing energy consumption by about 89%! 🔋
Scalability: A more efficient and faster Multi-Chain environment.
2. BTFS v4.0 Upgrade (decentralized storage)
Enhanced smart contracts for metadata.
Dedicated Decentralized Storage Nodes.
Community Governance: Introduction of \text{BTIP} proposals to drive governance by the community.
3. Ongoing Corrections
Latest correction (\text{BTTC Layer v1.0.8}) to enhance network performance and tracking.
What do you think! 👇
See original
It's a risk, it may go up but it can also devalue
🚨 Everyone is buying $PEPE E worth 100 dollars today and forgetting for 5 years, at the current price you can buy about 9.4 million #PEPE PE, even if Pepe 🐸 reaches $0.05 📈, you will earn 470 thousand 💸, just listen to me, this is easy to achieve.. 🚀 If it reaches $0.5 you will have 4.7 million 💥🚀
{spot}(PEPEUSDT)
{spot}(PEPEUSDT)
See original
And will it return to the line of 3.55? Where is there reliable news about XRP?
#Xrp🔥🔥 this burning one is accumulating energy, FOR its great fall take advantage as the fall will be epic.
See original
Dude! Clearly wants you to invite him to watch Netflix and chill
this girl keeps texting me a lot about this app ... that I should invest 10 dollars in usdt and I will earn 10 dollars every 24 hours how true will it be or does she just want to scam me
So halving is today… why da fuq Pepe is so down? lol
Quoted content has been removed
It just happened….
🚨 Crypto Market Crash Alert 🚨
Today, the cryptocurrency market experienced a significant drop, driven by several critical factors:
1. Massive Liquidations: More than $1 billion in cryptocurrency futures were liquidated, triggering a cascade of stop-loss orders and further accelerating the market's decline.
2. Regulatory Concerns: Increased regulatory oversight and possible future regulations have created uncertainty, leading to a sell-off as investors seek to mitigate potential risks.
3. Macro-Economic Factors: Broader economic issues, including inflation fears and tightening monetary policies, have contributed to a risk-averse sentiment, affecting all risk assets, including cryptocurrencies.
4. Market Sentiment and Speculation: Negative sentiment and speculative trading have exacerbated volatility, with rumors and fears leading to rapid changes in investor behavior.
Stay informed and manage your positions carefully during these volatile times.
Disclaimer: This is not financial advice. Always do your own research before making trading decisions.
$BTC $ETH $BNB #Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
Today, the cryptocurrency market experienced a significant drop, driven by several critical factors:
1. Massive Liquidations: More than $1 billion in cryptocurrency futures were liquidated, triggering a cascade of stop-loss orders and further accelerating the market's decline.
2. Regulatory Concerns: Increased regulatory oversight and possible future regulations have created uncertainty, leading to a sell-off as investors seek to mitigate potential risks.
3. Macro-Economic Factors: Broader economic issues, including inflation fears and tightening monetary policies, have contributed to a risk-averse sentiment, affecting all risk assets, including cryptocurrencies.
4. Market Sentiment and Speculation: Negative sentiment and speculative trading have exacerbated volatility, with rumors and fears leading to rapid changes in investor behavior.
Stay informed and manage your positions carefully during these volatile times.
Disclaimer: This is not financial advice. Always do your own research before making trading decisions.
$BTC $ETH $BNB #Binance55thProject(IO) #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21
How to Keep Your Profits Safe for the Long Run
In the world of cryptocurrencies, it's easy to get caught up in the excitement of making money. But it's just as important to know how to protect the money you've already made. Here's why:
1. Cash in your Gains: Think of it like turning your Monopoly money into real cash. When you cash in your gains, you're turning your wins into actual money you can use. This gives you a solid financial base and money you can use for other things.
2. Lower Your Risks: Cryptocurrency values can go up and down like a rollercoaster. By taking out some of your profits, you're protecting yourself from big drops in the market. It's like locking in your winnings so you don't lose them all.
3. Invest Smarter: Once you've cashed in some profits, you can use that money to invest in other things. This spreads out your risks and gives you a better chance of making money in different areas.
4. Stay Calm: Knowing you've made some money can help you relax when the market gets crazy. It's like having a safety net that stops you from panicking when things go wrong.
5. Stick to the Plan: Setting goals for when to cash in profits helps you stay on track. It's like having a map to follow so you don't get lost in all the excitement.
In simple terms, making money with cryptocurrencies isn't just about winning big; it's also about knowing how to keep those winnings safe. By taking profits regularly, you're building a stronger financial future for yourself, even in the wild world of crypto.
#CryptoNewsCommunity
1. Cash in your Gains: Think of it like turning your Monopoly money into real cash. When you cash in your gains, you're turning your wins into actual money you can use. This gives you a solid financial base and money you can use for other things.
2. Lower Your Risks: Cryptocurrency values can go up and down like a rollercoaster. By taking out some of your profits, you're protecting yourself from big drops in the market. It's like locking in your winnings so you don't lose them all.
3. Invest Smarter: Once you've cashed in some profits, you can use that money to invest in other things. This spreads out your risks and gives you a better chance of making money in different areas.
4. Stay Calm: Knowing you've made some money can help you relax when the market gets crazy. It's like having a safety net that stops you from panicking when things go wrong.
5. Stick to the Plan: Setting goals for when to cash in profits helps you stay on track. It's like having a map to follow so you don't get lost in all the excitement.
In simple terms, making money with cryptocurrencies isn't just about winning big; it's also about knowing how to keep those winnings safe. By taking profits regularly, you're building a stronger financial future for yourself, even in the wild world of crypto.
#CryptoNewsCommunity
See original
Good reflection from @CleefDineroGaming a very wise and intelligent way of looking at things when investing in cryptos,
Why Selling Your NOTCOIN Early Wasn't a Mistake!
Why Selling Your NOTCOIN Early Wasn't a Mistake.
Are you Feeling bad for selling your NOTCOIN on the launch day? NOTCOIN might be surging now, and some people are mocking early sellers, but remember, holding blindly can be risky. Changpeng Zhao of Binance once said, "If you can't hold, you won't be rich." Yet, this advice has led many investors into trouble when projects they held onto crashed.
In the world of cryptocurrency, it's essential not to get emotionally attached to any project. Your goal is to make smart financial decisions, not to fall in love with a coin.
This fast-paced market requires you to act wisely. Many crypto airdrops don't survive after their initial hype. We've seen coins list at high prices, like $5.8, and then crash to $0.5 due to massive sell-offs. If you held 1000 coins that listed at $5.4 and watched them drop while others sold, you'd feel the pinch. Imagine waiting 15 months to a year for the price to bounce back. Can you afford to wait that long? What if your NOTCOIN dropped by 95%?
Many participants in the NOTCOIN airdrop were young individuals with immediate financial needs. Selling their coins helped them solve real problems, which is a significant win.
The crypto space is full of opportunities and the cycle of opportunities is endless!
Just bear in my that in the world of cryptocurrency, more coins are coming and more exciting opportunities are on the horizon. It’s not the end of the road guys. Hold your head up and man up for these future opportunities.
If you found this content educational, informative, or inspiring, please like, share, and follow us for more content.
#NOT #cleefdinerogaming #Notcoinnews #NotcoinWatch
Are you Feeling bad for selling your NOTCOIN on the launch day? NOTCOIN might be surging now, and some people are mocking early sellers, but remember, holding blindly can be risky. Changpeng Zhao of Binance once said, "If you can't hold, you won't be rich." Yet, this advice has led many investors into trouble when projects they held onto crashed.
In the world of cryptocurrency, it's essential not to get emotionally attached to any project. Your goal is to make smart financial decisions, not to fall in love with a coin.
This fast-paced market requires you to act wisely. Many crypto airdrops don't survive after their initial hype. We've seen coins list at high prices, like $5.8, and then crash to $0.5 due to massive sell-offs. If you held 1000 coins that listed at $5.4 and watched them drop while others sold, you'd feel the pinch. Imagine waiting 15 months to a year for the price to bounce back. Can you afford to wait that long? What if your NOTCOIN dropped by 95%?
Many participants in the NOTCOIN airdrop were young individuals with immediate financial needs. Selling their coins helped them solve real problems, which is a significant win.
The crypto space is full of opportunities and the cycle of opportunities is endless!
Just bear in my that in the world of cryptocurrency, more coins are coming and more exciting opportunities are on the horizon. It’s not the end of the road guys. Hold your head up and man up for these future opportunities.
If you found this content educational, informative, or inspiring, please like, share, and follow us for more content.
#NOT #cleefdinerogaming #Notcoinnews #NotcoinWatch
Don't Blame Yourself When Success Doesn't Come Easily
Crypto has been around since 2016 for most of us, and while some have become very successful, others are still struggling to find their footing.
Don't worry when things don't work out for you. Here are a few things we'd like to share:
1. If your 9-5 job no longer excites you, figure out your side hustle NOW. Yes, you might even get back to the starting point, but it will be worth it.
2. "You didn't know what you were doing, you accidentally became exit liquidity, and got rekt!" It's okay if you've made mistakes along the way. Not everyone will get rich from the crypto market, but if you know your needs, estimate your desired profit, and follow your plan, you'll enjoy the process more.
3. Crypto isn't for everyone, and if you're still here, congratulations. You've already been through a lot. Don't give up too soon. Nothing in life is guaranteed, but Bitcoin will probably still be around. Just remember to remain calm and productive. This isn't a game, so make sure you're making the right decisions.
Keep hustling, and eventually, things will click for you.
#Advice #motivation #btc70k
Crypto has been around since 2016 for most of us, and while some have become very successful, others are still struggling to find their footing.
Don't worry when things don't work out for you. Here are a few things we'd like to share:
1. If your 9-5 job no longer excites you, figure out your side hustle NOW. Yes, you might even get back to the starting point, but it will be worth it.
2. "You didn't know what you were doing, you accidentally became exit liquidity, and got rekt!" It's okay if you've made mistakes along the way. Not everyone will get rich from the crypto market, but if you know your needs, estimate your desired profit, and follow your plan, you'll enjoy the process more.
3. Crypto isn't for everyone, and if you're still here, congratulations. You've already been through a lot. Don't give up too soon. Nothing in life is guaranteed, but Bitcoin will probably still be around. Just remember to remain calm and productive. This isn't a game, so make sure you're making the right decisions.
Keep hustling, and eventually, things will click for you.
#Advice #motivation #btc70k
#ETFvsBTC just for you to know
Techandtips123
--
🔅𝗪𝗵𝗮𝘁 𝗗𝗶𝗱 𝗬𝗼𝘂 𝗠𝗶𝘀𝘀𝗲𝗱 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗶𝗻 𝗹𝗮𝘀𝘁 24𝗛?🔅
- Ethereum ETF 19b-4 Approved #ETHETFS
- RWA Narrative $ONDO
- Coinbase Future $BONK $FLOKI $SHIB
- Grayscale Trust $STX $NEAR
- Binane Megadrop $LISTA #megadrop
- $GMT New App/New Token $GGT
- $FTM Funding round $10M
- $MKR New ATH debt ceiling
💡 Courtesy - LayerGG
©𝑻𝒉𝒊𝒔 𝒂𝒓𝒕𝒊𝒄𝒍𝒆 𝒊𝒔 𝒇𝒐𝒓 𝒊𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 𝒐𝒏𝒍𝒚 𝒂𝒏𝒅 𝒏𝒐𝒕 𝒂𝒏 𝒆𝒏𝒅𝒐𝒓𝒔𝒆𝒎𝒆𝒏𝒕 𝒐𝒇 𝒂𝒏𝒚 𝒑𝒓𝒐𝒋𝒆𝒄𝒕 𝒐𝒓 𝒆𝒏𝒕𝒊𝒕𝒚. 𝑻𝒉𝒆 𝒏𝒂𝒎𝒆𝒔 𝒎𝒆𝒏𝒕𝒊𝒐𝒏𝒆𝒅 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒓𝒆𝒍𝒂𝒕𝒆𝒅 𝒕𝒐 𝒖𝒔. 𝑾𝒆 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒍𝒊𝒂𝒃𝒍𝒆 𝒇𝒐𝒓 𝒂𝒏𝒚 𝒍𝒐𝒔𝒔𝒆𝒔 𝒇𝒓𝒐𝒎 𝒊𝒏𝒗𝒆𝒔𝒕𝒊𝒏𝒈 𝒃𝒂𝒔𝒆𝒅 𝒐𝒏 𝒕𝒉𝒊𝒔 𝒂𝒓𝒕𝒊𝒄𝒍𝒆. 𝑻𝒉𝒊𝒔 𝒊𝒔 𝒏𝒐𝒕 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒂𝒅𝒗𝒊𝒄𝒆. 𝑻𝒉𝒊𝒔 𝒅𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓 𝒑𝒓𝒐𝒕𝒆𝒄𝒕𝒔 𝒃𝒐𝒕𝒉 𝒚𝒐𝒖 𝒂𝒏𝒅 𝒖𝒔.
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#Binance #bitcoin
- Ethereum ETF 19b-4 Approved #ETHETFS
- RWA Narrative $ONDO
- Coinbase Future $BONK $FLOKI $SHIB
- Grayscale Trust $STX $NEAR
- Binane Megadrop $LISTA #megadrop
- $GMT New App/New Token $GGT
- $FTM Funding round $10M
- $MKR New ATH debt ceiling
💡 Courtesy - LayerGG
©𝑻𝒉𝒊𝒔 𝒂𝒓𝒕𝒊𝒄𝒍𝒆 𝒊𝒔 𝒇𝒐𝒓 𝒊𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 𝒐𝒏𝒍𝒚 𝒂𝒏𝒅 𝒏𝒐𝒕 𝒂𝒏 𝒆𝒏𝒅𝒐𝒓𝒔𝒆𝒎𝒆𝒏𝒕 𝒐𝒇 𝒂𝒏𝒚 𝒑𝒓𝒐𝒋𝒆𝒄𝒕 𝒐𝒓 𝒆𝒏𝒕𝒊𝒕𝒚. 𝑻𝒉𝒆 𝒏𝒂𝒎𝒆𝒔 𝒎𝒆𝒏𝒕𝒊𝒐𝒏𝒆𝒅 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒓𝒆𝒍𝒂𝒕𝒆𝒅 𝒕𝒐 𝒖𝒔. 𝑾𝒆 𝒂𝒓𝒆 𝒏𝒐𝒕 𝒍𝒊𝒂𝒃𝒍𝒆 𝒇𝒐𝒓 𝒂𝒏𝒚 𝒍𝒐𝒔𝒔𝒆𝒔 𝒇𝒓𝒐𝒎 𝒊𝒏𝒗𝒆𝒔𝒕𝒊𝒏𝒈 𝒃𝒂𝒔𝒆𝒅 𝒐𝒏 𝒕𝒉𝒊𝒔 𝒂𝒓𝒕𝒊𝒄𝒍𝒆. 𝑻𝒉𝒊𝒔 𝒊𝒔 𝒏𝒐𝒕 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒂𝒅𝒗𝒊𝒄𝒆. 𝑻𝒉𝒊𝒔 𝒅𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓 𝒑𝒓𝒐𝒕𝒆𝒄𝒕𝒔 𝒃𝒐𝒕𝒉 𝒚𝒐𝒖 𝒂𝒏𝒅 𝒖𝒔.
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#Binance #bitcoin
#
Binance Square Official
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🚀 Launch Alert: Write to Earn!
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SEC Chairman Gensler Discusses Crypto Industry Regulation
According to Blockworks, Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has described the agency's role in the crypto industry as a 'cop on the beat'. This statement was made during an interview with CNBC, following Robinhood's disclosure of receiving a Wells notice from the US securities regulator. Gensler emphasized the SEC's responsibility to ensure that entities dealing with securities comply with the law, providing necessary disclosures and protections to investors.
Gensler argued that the crypto industry consists of various digital assets that are considered securities 'under the law of the land', as interpreted by the Supreme Court. He expressed concern that investors may not be receiving all the necessary information in the crypto sector. He compared crypto tokens to publicly traded stocks, questioning the lack of similar disclosures from these tokens.
Gensler also expressed his belief that investors are not getting the required information in the crypto industry. If a crypto asset is classified as a security, he stated that it is necessary and required to provide this information. However, he did not directly address the allegations made against the SEC by Consensys in a lawsuit filed last month, nor did he comment on the alleged investigation around ether, Ethereum's native token.
Gensler criticized the intermediaries in the crypto market, stating that they are generally conflicted and engage in practices that would not be permitted on the New York Stock Exchange. He referred to a lawsuit filed by Consensys, which claimed that the SEC had issued subpoenas regarding ETH. This lawsuit confirmed reports that the SEC was investigating the status of ETH, despite former SEC employees agreeing that ETH was not a security. The Commodities and Futures Trading Commission has labeled ETH a commodity.
Finally, Gensler mentioned that ether ETFs are currently under consideration by the five-member commission. He assured that the commission will review the filings at the appropriate time.
Gensler argued that the crypto industry consists of various digital assets that are considered securities 'under the law of the land', as interpreted by the Supreme Court. He expressed concern that investors may not be receiving all the necessary information in the crypto sector. He compared crypto tokens to publicly traded stocks, questioning the lack of similar disclosures from these tokens.
Gensler also expressed his belief that investors are not getting the required information in the crypto industry. If a crypto asset is classified as a security, he stated that it is necessary and required to provide this information. However, he did not directly address the allegations made against the SEC by Consensys in a lawsuit filed last month, nor did he comment on the alleged investigation around ether, Ethereum's native token.
Gensler criticized the intermediaries in the crypto market, stating that they are generally conflicted and engage in practices that would not be permitted on the New York Stock Exchange. He referred to a lawsuit filed by Consensys, which claimed that the SEC had issued subpoenas regarding ETH. This lawsuit confirmed reports that the SEC was investigating the status of ETH, despite former SEC employees agreeing that ETH was not a security. The Commodities and Futures Trading Commission has labeled ETH a commodity.
Finally, Gensler mentioned that ether ETFs are currently under consideration by the five-member commission. He assured that the commission will review the filings at the appropriate time.
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