⚡️JUST IN: BlackRock launches Bitcoin💰 ETF advertising camp

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⚡️JUST IN: BlackRock launches Bitcoin💰 ETF advertising campaign on Bloomberg's homepage. @Binance_News #BTC #BlackRock

⚡️JUST IN: BlackRock launches Bitcoin💰 ETF advertising campaign on Bloomberg's homepage.
@Binance News #BTC  #BlackRock  

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The trial between Ripple and the SEC is progressing, with Ripple expected to respond to SEC motions by early May as per a new scheduling order by Judge Sarah Netburn. Attorney Jeremy Hogan predicts a possible conclusion to the lawsuit by summer, with Ripple potentially facing a $100 million settlement. What's Next: - Ripple and the SEC are in the trial phase, with Judge Netburn issuing a new scheduling order. - The SEC must file its response by April 29, followed by Ripple's reply within three business days. - Judge Netburn's previous favorable stance toward Ripple's XRP token gives hope for a favorable outcome. Possible Scenarios: - Hogan anticipates the lawsuit could be closed by summer, with a potential $100 million settlement. - Previously, the SEC sought a $2 billion fine, while Ripple argued against XRP being classified as a security. - Ripple's chief legal officer suggested a penalty of no more than $10 million. For more details on the legal battle and its implications, watch our dedicated video. #xrp #XRPVSSEC

👨‍⚖️U.S. presidential candidate Robert F. Kennedy Jr. proposed putting the U.S. budget on the blockchain during a rally in Michigan, suggesting it would enhance transparency by allowing Americans to track government spending. 🐂 Analysts at Kaiko express skepticism about a sustained bull run for Bitcoin post-halving, contrary to earlier expectations. Decreasing miner rewards may not be the primary catalyst for growth, especially as miners are reportedly losing money. 💼 The SEC delays its decision on spot Ethereum ETFs, with prospects for approval seeming dim. Industry heavyweights vie for approval, but one analyst pegs the likelihood of approval at just 35%. 🔒 Samourai Wallet founders are arrested for money laundering, while Wasabi Wallet blocks U.S. citizens from its services. Phoenix Wallet will also cease operations for U.S. residents. ⚖️ Custodia Bank challenges a lower court’s decision to deny its attempt to join the U.S. banking system. Pro-crypto lawyer John Deaton vows to support Coinbase’s legal motions. The SEC sues Bitcoin mining company Geosyn, alleging unregistered securities offering. Consensys sues the SEC over Ethereum oversight attempts. 📉 The spot Bitcoin ETF sector experiences outflows, while BNY Mellon's exposure to BTC ETFs highlights growing institutional interest. Ethereum co-creator Vitalik Buterin points out drawbacks in Bitcoin's proof-of-work design. Blockchain developer Movement Labs secures $38 million in VC funding, reflecting continued investor interest in the cryptocurrency sector. #Megadrop #CryptoNews🚀🔥V

💰 An investment has been made to support the development of a layer 3 blockchain, bolstering the Shiba Inu cryptocurrency ecosystem, which already includes the SHIB token. 💼 Funding was secured through a pre-sale of the yet-to-launch TREAT token, attracting contributions from notable firms like Polygon Ventures, Mechanism Capital, and Animoca Brands. 📈 These investments reflect confidence in the project's potential to innovate within the crypto space. 🔒 The upcoming blockchain will prioritize advanced security features, including Fully Homomorphic Encryption, ensuring high privacy by enabling calculations on encrypted data. 🚀 Scheduled for a testnet launch in late 2024, the project aims for a mainnet release following thorough testing to confirm its robustness and efficiency. 💡 With a valuation potentially reaching $200 million, the project's funding stages underscore its growing market significance and the expansion of Shiba Inu's reach within the crypto landscape. #SHIBARMYSTRONG. #Shibalnu #SHİB

🔄 Ripple has adjusted its U.S. On-Demand Liquidity (ODL) operations, opting for Tether (USDT) over XRP following a court decision regarding U.S. securities laws. 📜 This legal adaptation was disclosed in Ripple’s opposition to the SEC's proposed penalties and final judgment. 🔁 In response to the court's ruling, Ripple’s President, Monica Long, announced the transition to USDT for all U.S.-based ODL services, emphasizing the importance of using legally approved stablecoins for future transactions in the U.S. 📢 Crypto Eri shared this update on social media, echoing Long's emphasis on using compliant stablecoins for U.S. transactions. 🌐 The company has shifted its focus to its Singapore subsidiaries, which now handle most new XRP sales contracts for ODL customers, primarily outside the U.S. This strategic shift aims to navigate U.S. regulatory constraints while sustaining international operations. 💼 Ripple's accounting expert, Anthony Bracco, calculated significant financial losses prior to the SEC lawsuit, underscoring Ripple's reliance on XRP sales for revenue and highlighting the economic impact of regulatory challenges on its operations. #xrp #XRP

🌱 PayPal unveils a proposal aimed at promoting eco-friendly Bitcoin mining, seeking to mitigate the environmental impact associated with the process. 💡 The initiative offers additional Bitcoin rewards to miners utilizing sustainable energy sources, aiming to incentivize the transition to greener mining practices. 📊 The proposal, disclosed by PayPal’s Blockchain Research Group, targets Bitcoin's proof-of-work (PoW) system notorious for its high energy consumption. 🔑 PayPal suggests allocating extra Bitcoin rewards exclusively to "green miners" identified through unique cryptographic hashes termed "green keys." 💰 Transactions tailored for green miners would incorporate a multi-sig wallet with additional Bitcoin accessible only with green keys, accompanied by reduced fees to attract environmentally conscious miners. 🔄 Despite the incentives, the proposal has sparked mixed reactions. Critics argue that many miners are already shifting towards greener methods without additional inducements. 🚫 Concerns linger over the possibility of non-green miners processing these transactions if the low fees fail to sufficiently deter them. 💡 PayPal's report explores alternative strategies, such as leveraging smart contracts or the Lightning Network, to directly reward green miners, albeit requiring heightened trust among participants. #PayPal #BitcoinMining #EconomicForecast #PoW

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