Bitcoin Breakout Vs M1 Money Supply Signals Major Rally
Veteran trader Peter Brandt reports a #Bitcoin breakout against the M1 money supply, the first since 2017. This could lead to a significant rally, potentially reaching $100K. #Crypto
Paul Millsap Invests in Solana Meme Coins
Former NBA star Paul Millsap invests in Solana-based meme coins like $JUP, $WIF, and $WEN. His entry boosts gains despite market selloff. #Crypto #Solana
President Vetoes SAB 121, Congress Seeks Override
President Biden vetoed the SAB 121 bill, aiming to regulate securities and banking practices. Overriding the veto needs a two-thirds majority. Mixed reactions highlight the impact on financial regulation. #Finance #Crypto
Biden Vetoes Bill Limiting SEC Crypto Power
President Biden vetoed a bill to overturn SEC crypto guidelines, aiming to protect investors. Critics say it hinders financial institutions. Overturning requires a two-thirds Congress majority. #Crypto #Regulation
Paradigm Invests $70M in BTC Staking Protocol
Bitcoin staking protocol Babylon raised $70M led by @paradigm, with @bullish and @polychaincap. Funds will enable Bitcoin-secured PoS systems, enhancing crypto-economic security. #Crypto #Bitcoin
SEC Approves Ethereum ETF: VanEck CEO Celebrates Milestone
The @SECGov has approved spot $ETH ETFs, a landmark moment in crypto. @vaneck_us CEO calls it a career highlight. Expect increased investor interest and market clarity. #CryptoNews
Bitcoin ETF Surges 54% YTD, Outpaces TradFi Rivals
Spot Bitcoin ETF in the U.S. sees a 54% YTD surge, surpassing $SPY and U.S. bonds. Approved by @SECGov in January, it hit $10B in volume, pushing Bitcoin to $73K. #CryptoNews
Biden Faces Backlash Over Crypto Regulation Veto
President Biden’s veto of SEC’s SAB 121 faces backlash from @Coinbase, @Ripple, and Congress members, with concerns over destabilizing the crypto industry and future consumer protections. #CryptoNews #RegulationUpdates
Crypto Exchange License Candidates Revealed by SFC
The Hong Kong SFC lists Crypto.com, HKbitEX, and PantherTrade among those vying for crypto exchange licenses. OKX and Bybit withdraw due to strict regulations. #Crypto #Finance
Crypto Fraud Surges: Hong Kong Reports Spike
Hong Kong sees a rise in crypto fraud cases, from 2,336 in 2022 to 3,415 in 2023, involving HK$4.33B. Regulatory measures aim to protect investors and bolster financial hub status. #CryptoNews
Changpeng Zhao Starts Binance Founder Prison Term
Changpeng Zhao, founder of @binance, starts a 4-month prison term for violating U.S. anti-money laundering laws. Binance fined $4.3B, Zhao fined $50M. #CryptoNews #Regulation
Bitcoin Adoption: Bukele’s Second Term Begins
?? El Salvador’s President Nayib Bukele starts his second term with 85% vote support. With near-total control, he continues to push Bitcoin adoption, despite economic challenges. #Bitcoin #ElSalvador
Texas Senator Invests in Bitcoin Mining Machines
Senator @tedcruz purchases three ASIC devices for Bitcoin mining, earning praise from @MarathonDH and @coinbase executives. Cruz’s move underscores Bitcoin’s growing acceptance in US finance. #Bitcoin #CryptoNews
Crypto Regulations 2025: KYC and AML Impact
The EU’s MiCA regulation, effective January 2025, mandates KYC and AML for all CASPs, bans algorithmic stablecoins, and aims to standardize crypto laws across Europe. #CryptoRegulations #EU