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- #CryptoPunk #3997 #sold for 6.9 #Ethereum ($12,696) on August 15, 2023, 02:18:59 Beijing Time. - The previous sale of this #NFT was at a higher price of 47.69 ETH. $ETH $GMX $GMT

- #CryptoPunk #3997 #sold for 6.9 #Ethereum ($12,696) on August 15, 2023, 02:18:59 Beijing Time.

- The previous sale of this #NFT was at a higher price of 47.69 ETH.

$ETH $GMX $GMT

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Ripple is gearing up for a critical phase in its legal battle with the U.S. Securities and Exchange Commission (SEC), focusing on potential penalties over alleged unapproved securities transactions involving its cryptocurrency, XRP. 📑 The SEC recently submitted its remedies reply brief under seal, a significant development in the case's progression. 🔒 James K. Filan, a former defense lawyer tracking the case, disclosed that the sealed documents include the remedies brief and supporting materials, with public, edited versions expected by May 8, 2024. 🤝 Discussions between Ripple and the SEC will finalize redactions for these documents, with further legal actions scheduled, including sealing motions on May 13. 🔍 The SEC seeks approximately $2 billion in fines and penalties from Ripple, whereas Ripple argues for a maximum of $10 million, highlighting procedural updates to prevent future violations and disputing the SEC's claim of causing monetary losses to investors. ⚖️ A key issue revolves around the testimony of expert witness Andrea Fox, with Ripple contesting the SEC's portrayal and anticipating the SEC's success in having Fox's testimony on record. 💼 This legal battle continues to unfold, with upcoming procedures shaping the outcomes of this significant regulatory challenge for Ripple. #XRPUSDT🚨 #SECCryptoRegulation #XRP
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At a recent BIS Innovation Summit, Joachim Nagel, head of the Deutsche Bundesbank and an ECB member, sounded the alarm for central banks to hop on the digital currency train pronto! 🚂 Nagel pointed out how the financial world is changing fast, leaving traditional banking models vulnerable in its wake. Reflecting on the whirlwind of changes in banking over the past two decades, Nagel stressed the need to embrace new tech. He said, "We gotta shake things up and get with the times, and DLT is our ticket to ride this wave." Nagel also waved the red flag on physical cash, urging central banks to speed up their innovation game. "We gotta hustle and bustle to keep up with the times," he said. Backing Nagel's play, Francois Villeroy de Galhau, Governor of the Bank of France, gave a thumbs-up to digital currencies to keep things stable and modern. The ECB's plan to roll out a digital euro by October 2025 is a big step toward joining the digital currency party. Meanwhile, the Swiss National Bank (SNB) is cautiously dipping its toes into digital currencies through Project Helvetia III. Thomas J. Jordan, Chairman of the SNB, stressed the importance of central bank money for keeping things steady. But he's got reservations about retail CBDCs causing chaos. He's all in for wholesale CBDCs, though, seeing them as the safer bet for settling tokenized assets. The BIS Summit discussion paints a clear picture: central banks are gearing up for a digital future, mixing innovation with a pinch of caution as they navigate the ever-changing financial landscape. 🌍💼 #ai #CryptoWatchMay2024 #buythedip
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#BTC has completed a corrective ABC pattern after the fifth bullish wave🧐 Price has reached the end of a wedge formation, potentially setting up for a new bullish impulse wave sequence📈 The analysis is supported by an ascending chart structure and a falling wedge formation💁‍♂️ However, the analysis could fail if the wedge is broken down with strong bearish candles☝️ #bitcoin #Binance #BTCHalvingApril2024
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The blockchain analytics firm Arkham has indeed identified a significant amount of Bitcoin that was seized by the U.S. government. Here are the key details: 3.94K BTC Seized: The U.S. authorities confiscated approximately 3,940 BTC, valued at around $251 million, from a convicted drug dealer. Total Holdings: Following this seizure, the U.S. government’s total Bitcoin holdings have reached about 216.788K BTC, which is estimated to be worth $13.82 billion. Source of Seizure: The majority of these holdings come from criminal seizures, highlighting the government’s efforts in combating illegal activities related to cryptocurrencies. This case underscores the growing role of blockchain analytics in law enforcement and the significant impact of cryptocurrency seizures on government assets. #Arkham #Crypto #usgovernment
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Hey there! 🙋‍♂️ So, you've probably heard about Bitcoin's big event, the halving, right? Well, it went down on April 20th, and things got real for miners. 🤯 The reward for mining a block got sliced in half, from 6.25 BTC to a mere 3.125 BTC. 💸 Now, imagine your paycheck getting cut in half overnight. Ouch, right? That's what miners are dealing with. Their daily dough has dropped from a cool $6 million to less than $3 million. 📉 But hey, Bitcoin miners are a tough bunch. They're hustling hard, squeezing out earnings from transaction fees and keeping those mining rigs humming. 💻⛏️ It's a bit of a rollercoaster 🎢 for the mining folks, but they're hanging in there. And who knows? With Bitcoin, the next big surge could be just around the corner. 🚀🌙 Stay tuned, and let's see how this crypto saga unfolds! 🧐 #bitcoin #Mining #CryptoNews ---
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