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- In a letter to SEC Gary Gensler, Nickel, a Democrat, claimed the regulator ran contrary to its mission to protect investors and breached its authority in trying to pass the controversial Staff Accounting Bulletin 121, or SAB 121.
https://cointelegraph.com/news/sec-custody-rule-made-crypto-regulation-political-wiley-nickel
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- The filing postponed the commission's decision on @BlackRock's spot #Ether ETF to June and sought public input on the possibility of categorizing it as a commodity.
https://cointelegraph.com/news/sec-grounds-deny-spot-ether-etf
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- It's 24 weeks until November, and election markets on @Polymarket are putting @realdonaldtrump and @JoeBiden in a dead heat, in contrast to the polls.
https://www.coindesk.com/markets/2024/05/13/trump-and-biden-tied-on-polymarket-diverging-from-polls/?utm_medium=social&utm_campaign=coindesk_main&utm_content=editorial&utm_term=organic&utm_source=twitter
- This comes after @TheRoaringKitty posted from his X account for the first time in 3 years, causing the #memecoin market to soar.
https://cointelegraph.com/news/pepe-hits-all-time-high-memecoins-soar-after-famous-gamestop-stock-trader-returns
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- This was done through a “persistent” attack by exploiting legitimate security software used exclusively by crypto firms in South Korea.
https://cointelegraph.com/news/north-korean-hackers-deploy-durian-malware-targeting-south-korean-crypto-firms
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- Bitcoin ’s UTXO model is crucial for security, privacy, and efficient transaction processing.
Let’s break it down so you understand what makes it so important. 🧵
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- Bitcoin ETFs approved, halving done. Next catalyst: U.S. elections & monetary policy.
$BODEN and $TRUMP memecoins surged, but the real battle will be Biden vs. Trump, shaping the crypto market.
What’s the implication of the election for the crypto industry?
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- .@AgriDexPlatform, a Solana-based tokenization platform, has raised $ 5 million to bring agricultural commodities on-chain. By @JamieCrawleyCD
https://www.coindesk.com/business/2024/05/09/solana-based-marketplace-agridex-raises-5m-to-tokenize-agricultural-industry/?utm_source=twitter&utm_content=editorial&utm_campaign=coindesk_main&utm_medium=social&utm_term=organic
- @icp_cc is bringing blockchain usability to the forefront. Learn how the ICP ecosystem is set to revolutionize Web3 🌍 #ICPCC24 [AD]
https://cointelegraph.com/news/from-obscurity-to-prominence-web3-protocol-celebrates-growth-with-dao-powered-event
- Bitcoin mining difficulty was about to drop by 5.5% at the time of writing, per data from BTC .com — its largest single downward adjustment since the end of the 2022 bear market.
https://cointelegraph.com/news/bitcoin-mining-difficulty-dip-since-2022-btc-price-60k
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- While the reason behind the transactions is unknown, they come a day ahead of @FTX_Official debtors’ deadline to file an amended version of the Plan and Disclosure Statement, slated for May 7.
https://cointelegraph.com/news/ftx-alameda-wallets-transfer-8-3m
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- Crypto trader Matthew Hyland says it "would make sense" for this key pattern to form if Bitcoin doesn't shoot straight up to $ 67,500.
https://cointelegraph.com/news/bitcoin-price-inverse-head-shoulders-pattern-bullish-indicator-crypto-trader
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- The CEO of .@krakenfx's @CFBenchmarks see the Hong Kong crypto ETFs marking reaching $ 1 billion in AUM by the end of the year. By @JamieCrawleyCD.
https://www.coindesk.com/markets/2024/05/03/krakens-indices-provider-anticipates-1b-aum-in-hong-kong-etfs-by-2024-end-bloomberg/?utm_campaign=coindesk_main&utm_term=organic&utm_medium=social&utm_content=editorial&utm_source=twitter
- He noted that #crypto users should remember the FBI is a large multifaceted organization and that the people he’d spoken to at the bureau were less concerned with privacy protocols and more concerned with bad actors looking to commit financial crimes.
https://cointelegraph.com/news/us-politicians-arent-opposed-crypto-defi-privacy-railgun-ethereum
- Its latest earnings detailed Block held 8,038 #BTC as of March 31 — worth $ 573 million with reported paper gains of $ 233 million.
https://cointelegraph.com/news/jack-dorsey-block-invest-bitcoin-every-month-earnings-call
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- The integration of zBTC, powered by Zero Protocol Labs (ZPL), is expected to bridge the gap between Bitcoin and Solana's decentralized finance (DeFi) space, giving Bitcoin holders access to the latter's innovative financial tools.
https://cointelegraph.com/news/solana-bitcoin-cross-chain-bridge-q3-2024
- Top5 Crypto News from Today👇
@binance co-founder CZ sentenced to four months in prison
#BTC dipped below $ 60K
Hong Kong BTC, ETH ETFs attract over $ 200M on day 1
BlackRock’s IBIT posts $ 0 inflows for four days in a row
@PatrickMcHenry accuses SEC chair Gary Gensler of misleading US lawmakers over Ether classification
- Now they have two options: 1. Capitulation, or 2. Waiting for a rise in BTC price,” noted Ju.
https://cointelegraph.com/news/no-signs-bitcoin-miner-capitulation-despite-plummeting-revenue-cryptoquant
- 🚨 BREAKING: Ex-Binance CEO Changpeng ‘CZ’ Zhao sentenced to 4 months in prison.
- “Hong Kong has already had a clear definition of Ethereum,” noted the head of custody firm OSL Digital Securities, Wayne Huang,before adding that “Ethereum is not a security.”
https://cointelegraph.com/news/hong-kong-etfs-begin-trading-issuers-unfazed-eth-declared-security
- The new information comes a few days after @Consensys filed an unredacted complaint against the @SECGov in a Texas federal court on April 25.
https://cointelegraph.com/news/sec-chair-gensler-ether-security-year
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