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🇺🇸Key Events This Week ~ U.S. PPI Inflation - Tuesday U.S. CPI Inflation - Wednesday Initial Jobless Claims - Thursday U.S. Retail Sales - Thursday NY Fed Manufacturing Survey - Thursday Philly Fed Manufacturing Survey - Thursday U.S. Consumer Sentiment - Friday #bitcoin #CryptoNewss #usgovernment #SEC #BNB
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Spot Sellers are running out. Next is short squeeze to CME bears. #CMEBitcoinSpotTrading #SEC #MarketForecast #Binance #BinanceSquareFamily
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⚠️ Canadian Crypto Scandal: ezBtc's $9.5M Misappropriation Shakes Investor Trust 💬 A shocking revelation from the British Columbia Securities Commission has sent ripples through the crypto community. Canadian cryptocurrency exchange ezBtc and its founder, David Smillie, have been accused of misappropriating approximately CAD 13 million ($9.5 million) of users' funds. The platform, which ceased operations in 2019, allegedly diverted 935.46 Bitcoin and 159 Ether for personal use and gambling, contradicting claims of secure cold storage. ▶️ This fraud affected over 2,300 Bitcoin and 600 Ether investments from numerous users. The BCSC panel found that nearly one-third of user funds were transferred to gambling websites and personal accounts. Sanctions against Smillie are expected by September 24, potentially including monetary penalties and market participation bans. #ScamRiskWarning #scam #CryptoNewss #MarketForecast #BinanceSquareFamily
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Monetary Policy
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🔥 Hong Kong to Strengthen Digital Asset Regulations Within 18 Months 🛡 Hong Kong is set to bolster its digital asset regulatory framework over the next 18 months, aiming to establish itself as a global fintech hub. Announced at the Foresight 2024 summit, the plan includes attracting global tech talent, building infrastructure, and introducing robust legislative measures, including stablecoin regulation by the end of 2024. 🟩 The initiative highlights the city’s commitment to fostering innovation while ensuring the security and integrity of digital asset transactions. Hong Kong's proactive stance on digital asset regulation positions it as a key player in the global fintech landscape, balancing innovation with stringent oversight to secure its future in the digital economy. #bitcoin #Binance #CryptoNewss #BinanceSquareFamily #SEC
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