SEC clarifies in Binance lawsuit that it has never directly called tokens securities, noting “crypto-asset securities” refers to broader contractual expectations. Experts point out past inconsistencies, including references to $XRP as a “digital security.” SEC aims for clearer guidelines.
33 blockchain projects raised $223M in a week, led by $TUNE.FM and $SDAX with $50M each. Key sectors: DeFi, blockchain services, infrastructure. Notable investments: $HUMA ($38M), $FUSE ($12M), $PIN.AI ($10M).
Sam Bankman-Fried seeks retrial, citing bias from Judge Lewis Kaplan and misrepresentation of FTX’s solvency. Defense claims FTX was solvent and blames legal counsel for its collapse. Caroline Ellison’s sentencing in Alameda Research case is on Sept 24.
Bitcoin whale wallets reactivated as $BTC surpassed $60K, transferring 203 BTC to Binance, netting $6.89M. Another trader moved 205 BTC, making $2.36M. A whale purchased 1,062 BTC worth $63.96M, boosting optimism for future price action.
Vitalik Buterin suggests a Harberger tax for $ETH Layer 2 blockchains to optimize fee mechanisms, while proposing a neutral aggregation layer as an alternative. This could reshape L2 fee structures and impact future blockchain policies.
Bitcoin ($BTC) peaks at $60,610 with an 11% weekly gain and a 57.8% market dominance. Nearly $130M in short positions liquidated. Dogecoin ($DOGE) and Toncoin ($TON) also see gains amid rising investor confidence and market optimism.
Nate Geraci predicts Solana ($SOL) and XRP ($XRP) ETFs are unlikely within two years despite growing demand. Political outcomes, especially the US presidential elections, could significantly impact future crypto ETF approvals. Investors should monitor regulatory changes.
Bitcoin ($BTC) surpasses $60K, driven by favorable U.S. economic data, persistent inflation, and increased institutional interest. Notably, MicroStrategy’s $1.11B purchase of 18,300 BTC and rebounding spot Bitcoin ETF inflows boost market sentiment.
The SEC adds $AXS, $FIL, $MANA, and others as securities in the Binance lawsuit. Despite regulatory pressure, $AXS rose 2.6% and $FIL increased by 2.2% in the last 24 hours. Regulatory clarity remains crucial for market growth.
Gold hits a record $2,586, raising economic concerns. Peter Schiff predicts higher inflation and recession, citing gold as a safe haven. Bitcoin advocates see $BTC as an alternative hedge amid potential interest rate cuts and fiscal stimulus.
SEC faces backlash after an investor alert on “crypto asset securities,” criticized for inconsistent terminology. Pro-XRP lawyer Fred Rispoli labels it a “scam,” causing confusion within the crypto community. Critics highlight the SEC’s shifting stance.
USDT supply on the $TON blockchain hits $729M in just four months. Low fees and strong user adoption boost P2P and DeFi growth, with platforms like Ston.Fi and Dedust leveraging USDT for liquidity and trading activities.
John Deaton vows to hold the SEC accountable for XRP investors’ $15B loss due to the Ripple lawsuit. He plans to introduce bills to expose regulatory capture and prevent regulators from joining industries they oversaw. #XRP #CryptoRegulation
Bitget unveils Smart Awards 2024 to honor top crypto traders in five categories. Partnering with 0xScope for a transparent, data-driven selection process. Join the #TradeSmarter campaign and support your favorite traders on September 19.
