World markets are navigating dangerous waters. Countries' debts have become unpayable. Treasury bonds and government bonds do not inspire confidence in anyone. People are after where to turn and how to protect their investments. Gold and Silver are real, concrete and difficult escape points.
The freest, most reliable investment area seems to be #Bitcoin and its derivatives within the Blockchain system. Its validity and portability worldwide make investments accessible and free. Being decentralized (there are also centralized ones) is not affected by regional policies or crises.
Although the fact that 5% of the world is here shows that it is a young and open to development structure, the sooner we join this chain; it will gain a great advantage and help us understand it better. #eth #bnb #lunc #sol $BTC $ETH $BNB
It sparked hope that Ustc could be $1; the markets fell with its collapse and the perception that it will rise with its return is increasing. With Lunc behind it, the developments of the Terra ecosystem and network upgrades are raising hopes that the ustc and lunc algorithm will be active again. It is believed that the return of #lunc to its added days will bring movement to the market for those who invested in it.
Using Iran to immediately disrupt the positive atmosphere in the markets shows that you need to look at the picture from a distance. There is an expected date. It is clear that it is neither early nor late.
My guess is the American elections 🇺🇸 but the market will not care about these manipulations one day. Money is not value, when it is seen that money is valuable, the balances will change.
Money is coming back, I think these are the last days for purchases #btc #eth #lunc $BNB #bnb
Friends, the holiday is over. The money is coming back. However, since the market has fallen by 50-60% in the last 6 months, we cannot say that the rise has started until it rises by 100%.
Interest rate declines are good for us, but we should be patient without getting complacent too early. #eth #btc #lunc #nfp $BTC $ETH $LUNC
Everyone is on holiday, friends, do not expect much from the market. Don't give holiday money to whales, wait in the spotlight. 😊 #eth #ena #uni #lunc #pepe
Ether rose due to expectations that the US Securities and Exchange Commission (SEC) has reached the final stage of its investigation into Ethereum.
Expectations for the regulatory investigation in Ether, the crypto asset whose ETFs were approved after Bitcoin, have now created a positive atmosphere. Ether experienced the fastest rise of the week, driven by expectations that the investigation launched by the US regulatory agency Securities and Exchange Commission (SEC) into the blockchain ecosystem may ease. The rise in Ether approached 4 percent in mid-week transactions. Consensys, the developer of Ethereum, said in a statement from its X account: "The relevant unit of the SEC informed us that it has closed its investigation regarding Ethereum 2.0." “This decision follows our June 7 letter to the SEC asking it to confirm that the May ETH ETF approvals, based on ETH being a commodity, mean the agency will close its Ethereum 2.0 investigation,” Consensys added. Consensys filed a lawsuit against the SEC in April to close the Ethereum investigation. The SEC approved Ether ETFs last month. However, BlackRock Inc. It was stated that more approvals were needed before applicants such as Fidelity Investments and Fidelity Investments could launch such products.
Specifically, the proposed verdict would cover: (i) Defendants' violations of the antifraud provisions of the federal securities laws, which the jury found they violated, and the registration requirements of Section 5 of the Securities Act, which the Court found they violated; (ii) impose conduct-based injunctions prohibiting Defendants from engaging in cryptoasset securities transactions or taking steps to encourage others to do so; (iii) require Terraform to pay monetary damages in the total amount of $4,473,828,306 (including unjust enrichment of $3,586,875,883, pre-judgment interest of $466,952,423, and a penalty of $420,000,000); (iv) Require Kwon to pay monetary damages in the total amount of $204,320,196 (including unjust enrichment of $110,000,000, pre-judgment interest of $14,320,196, and a penalty of $80,000,000); (v) Requiring Kwon to transfer at least $204,320,196 to the Terraform bankruptcy estate for distribution to injured investors; (vi) Kwon's #sec #lunc #ustc #luna #TFL $LUNC $USTC $LUNA
Terra. Consensus: 01 Mr. Jed S. Rakoff United States District Judge Daniel Patrick Moynihan United States Courthouse 500 Pearl Street New York, NY 10007-1312 Re: SEC v. Terraform Labs et al., no. 1:23-cv-1346 JSR) Mr. Judge Rakoff: Pursuant to the Court's order dated May 29, 2024, filed simultaneously with respect to Plaintiff Securities and Exchange Commission ("SEC"), Defendants Terraform Labs PTE Ltd. ("Terraform"), and Do Hyeong Kwon (*Kwon, collectively the "Defendants"). respectfully requests approval of the proposed final consent judgment. A jury found that Kwon and Terraform were responsible for willfully and recklessly orchestrating one of the largest securities frauds in U.S. history. The proposed consent judgment addresses both the magnitude of this fraud and a multibillion-dollar lawsuit against Defendants. By implementing significant compensatory, punitive, and deterrent remedies, including a resolution, and by providing meaningful and expeditious recovery for investor victims who collectively lost billions of dollars when Defendants' scheme collapsed, the proposed resolution would eliminate not only the brazen abusers, but also federal securities investors. By creating new standards of conduct for cryptoassets that fall within its scope, it will send a clear deterrent message to anyone who tries to evade the requirements of the federal securities laws. To resolve this case, Terraform agrees to provide the SEC with all relief it requests from the Court. The settlement regarding Kwon gives the SEC nearly all of the relief it requested against Kwon, but also specifically states that Kwon will transfer hundreds of millions in assets to satisfy his monetary obligations under the terms of the agreement. #sec #lunc #ustc #luna #TFL $USTC $LUNC $LUNA
There are also significant gains in the altcoin market.
The positive trend in Bitcoin also triggers the altcoin market. Among the top 20 cryptocurrencies in the last 24 hours, UNI stands out with an increase in value of 18%, BNB by 12%, TON by 9%, and SHIB and NEAR by 8%. As of now, there were no cryptocurrencies in the top 20 that were moving in negative.
While 7 altcoins among the top 100 cryptocurrencies achieved double-digit gains in the last 24 hours, the highest decline was the 9% withdrawal of NOT, which has seen a significant rise in recent days.
$NOT $UNI $SHIB
Record entry into spot Bitcoin ETFs Following the latest developments, it was reported that there was a net inflow of 887 million dollars into spot Bitcoin ETFs in yesterday's transactions. This was recorded as the second highest net inflow on a daily basis. Yesterday, Grayscale's GBTC also supported positive fund flows, recording net inflows of $28.2 million. On the other hand, the ETFs that raised the highest funds were FBTC with 379 million dollars and IBIT with 274 million dollars.
On the other hand, the fact that spot Bitcoin ETF trading will start in Thailand this week, after Australia, has been received extremely positively, indicating that there is a worldwide interest in these investment products. #xai #shib #not #uni Quote: inwesting.com
Interest rate cut expectations from the Fed increased: Bitcoin exceeded $ 70,000.
Economic data released yesterday in the USA raised expectations in the market that the Fed may cut interest rates this year. Meanwhile, while record entries were seen in#spotbitcoinETFs on a daily basis, Bitcoin rose to the $ 71,000 range.
While Bitcoin continued its positive trend in the last 24-hour transactions, it appreciated by 2.5% after yesterday's ETF transactions, which saw record inflows, and closed the day at $ 70,530. Bitcoin, which started the new day with buyers, continued to be traded in the $ 71,000 band in the first hours of the day.
Comments in the market were that confidence that the Fed would cut interest rates increased due to the Job Opportunities and Personnel Turnover Rate (JOLTS) data announced yesterday coming in below expectations. While this expectation created an effect that increased risk appetite, the positive trend continued in Bitcoin. On the other hand, the rapid entry of the cryptocurrency to $ 70,000 also strengthened the expectations that the record level, which is currently approximately 5% away, will be exceeded.
Today is a Big Day for Those 15 Altcoins: They Are Listed on Many Exchanges!
The altcoin market started an active day today. South Korea-based cryptocurrency exchange Bithumb announced that it will list the altcoin named Xai (XAI). Following this news, there was a significant increase in the price of XAI. However, many cryptocurrency exchanges are also trying to attract investors' attention by listing new coins. This intense listing traffic increases trading volume and liquidity, providing new opportunities for investors.
MEXC exchange will list the BlastOff (OFF) token with the USDT trading pair at 13:00 UTC. BitMart exchange will list the NatCoin (NAT) token with the USDT trading pair today at 17:00 CET. BitMart exchange will list the DogeAi (DOGEAI) token with the USDT trading pair today at 19:00 ET. Bitkub exchange will list the Renzo (REZ) token today at 13:00. CoinW exchange will list the JungleDoge (JUNGLE) token with the USDT trading pair today at 13:00 ET. LBank exchange will list the KittenWifHat (KITTENWIF) token with the USDT trading pair at 11:00 UTC today. Bitrue exchange will list the tooker kurlson (TOOKER) token with the USDT trading pair today at 13:00 ET. Coinstore exchange will list the StrongHands Finance (SHND) token with the USDT trading pair today at 13:00 ET. MEXC exchange will list the CyPepe (CYPEPE) token with the USDT trading pair today at 15:00 ET. KuCoin exchange will list the Taiko (TAIKO) token with the USDT trading pair at 16:00 UTC today. The listing date for the Coinstore exchange Lynex (LYNX) token has not been announced yet. MEXC Global exchange will list the FALX (FALX) token with the USDT trading pair today at 14:00 ET. MEXC Global exchange will list the TOKUDA (TKD) token with the USDT trading pair today at 18:00 ET.
#Bitcoin Bitcoin is over 70 thousand dollars again The largest digital asset rose to $70,530 as of 08:20 on Wednesday morning in Singapore.
Bitcoin has risen above the $70,000 level again. This rise reflects the increasing confidence in global markets regarding the possibility of a Fed rate cut this year.
The largest digital asset rose to $70,530 as of 08:20 on Wednesday morning in Singapore. That's about 5 percent short of the record high of $73,798 in mid-March.
Investors are pricing in a higher likelihood that the Fed will cut interest rates in November, following data indicating that US inflation is slowing and the labor market is softening.
“Cryptoassets are responding positively to the decline in rates,” Tom Couture, vice president of digital asset strategy at Fundstrat Global Advisors, said in a note.
The top five cryptocurrencies, including Ether, BNB and Solana, have increased in the last 24 hours. Tokens like Dogwifhat are also on the rise.