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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
SEC Charges Nader Al-Naji with Fraud and Unregistered Offering of Crypto Asset Securities: Press Release
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🚨 Senator Cynthia Lummis & Robert F. Kennedy Jr.'s ambitious Bitcoin proposals face a major hurdle: 95,000 BTC owed to Bitfinex. This debt could complicate plans for strategic Bitcoin reserves and integration into the US financial system.
📰 https://btctimes.com/ambitious-bitcoin-proposals-by-lummis-and-kennedy-face-major-hurdle-with-95-000-bitcoin-owed-to-bitfinex/
📣 https://x.com/btc/status/1818284772956799423
NEW: 🇺🇸 Senator Tim Scott says, "#Bitcoin's future has to be in America. We're going to make sure that innovation happens in America." 💪
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Russia to Legalize Crypto and crypto mining as Sanctions Weigh On Companies: BBG
> Putin: Cryptocurrencies “are increasingly used in the world as a means of payment in international settlements.
> Under the new legislation, crypto will be regulated in the same way as foreign currency in Russia.
> El Salvador has reportedly suggested using digital assets like Bitcoin for trade with Russia to circumvent the extensive economic sanctions imposed on Moscow: cryptoslate
Acc. to court documents:
The SEC intends to seek leave to amend its complaint, particularly regarding "Third Party Crypto Asset Securities." (doc doesn't not explicitly say SEC seeks to no longer prove tokens securities)
> The proposal provides that further proceedings will start with the SEC either seeking leave to amend the Complaint or confirming that it plans to proceed with the current Complaint.
> Doc says that this amendment would "obviate the need for the Court to issue a ruling as to the sufficiency of the allegations as to those tokens at this time."
When the bank asks you where all the money in your account went to:
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Exclusive: BlackRock CIO of ETF, Samara cohen on ETHA and Solana ETF
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UPDATE: 🇺🇸 The U.S. Government has split the $2B Bitcoin into two addresses:
10,000 BTC ($669.35M): bc1qlap8hkt9genaljz5nt2zlehhudx63zlahr2zek
19,800 BTC ($1.33B): bc1qngydl7hmgdtmuqjmtsyj3pcwszv0yn5mj6kz4c
We believe this represents a 10,000 BTC deposit to an institutional custody/service.
By Arkham Intel
JUST IN: 🇺🇸 The US government just moved $2 billion of seized BTC, two days after Trump's speech 👀
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CNBC on Trump's Strategic National Bitcoin Stockpile Promise
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JUST IN: 🇺🇸 The US National Debt just broke $35 trillion for the first time in history 👀
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WazirX asks Binance for help after $230M hack. Wants to repay affected users. Binance holds $80M in WRX tokens and controls WazirX extra income: moneycontrol
Source: Their legal dispute is still ongoing. There are components of WazirX’s business which are still under Binance’s control, including the revenue -- the surplus of it. Even its WRX token is under their control. So they have reach out to Binance and the talks are on but at early stages—They are in a sandwich situation right now.
Furthermore, the wallets holding locked and released WRX tokens are also managed and controlled by Binance, including the release of such tokens based on the WRX Release Schedule.
JUST IN: 🇷🇺 Russian law makers passes bill allowing businesses to use #Bitcoin and cryptocurrencies in international trade — Reuters 👀
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Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Coindesk
Source
Russian C.Bank Governor Nabiullina Says First International Payments In Cryptocurrencies Possible Before Year-end: Reuters
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SEC intends to amend Binance complaint, removing need for ruling on whether tokens are securities 'at this time' — link | tl;dr
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SEC MOVES TO AMEND COMPLAINT AGAINST BINANCE, SEEKS TO NO LONGER PROVE TOKENS SUCH AS SOLANA ARE SECURITIES: FILING
Source
JUST IN: 🇺🇸 U.S. Congressman Ro Khanna says the U.S. needs to be leaders in #Bitcoin 🙌
“Let America lead”
🟠 Comedian Dave Smith gives arguably one of the best speeches at the 2024 #Bitcoin conference in Nashville 🔥
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Apple presents foundation language models developed to power Apple Intelligence features, including a ∼3 billion parameter model designed to run efficiently on devices and a large server-based language model designed for Private Cloud Compute: link
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The new address btw:
bc1qsl993y04xnq4fyhmrt6cnmctgjjv9ukdvrk0cd
h/t Arkham Intel
U.S Gov moving again these 30k BTC to other addresses
bc1qlap8hkt9genaljz5nt2zlehhudx63zlahr2zek
9,999.99900000 BTC
bc1qngydl7hmgdtmuqjmtsyj3pcwszv0yn5mj6kz4c
19,799.99010680 BTC
BlackRock's Samara cohen: No Solana ETF in the near term
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🟠 $13.2 billion Cantor Fitzgerald CEO says they own “a shit load of #Bitcoin”❗️
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21Shares Has Integrated Chainlink’s Proof-of-reserve (Por) System, To Create More Transparency For Its Core Ethereum Exchange-traded Fund (ETF)
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