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It seems that Tom Lee
#Bitmine
just bought another 30,075
$ETH
($88.73M).
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BREAKING: Senate Confirms Pro-Crypto CFTC Chairman The U.S. Senate just confirmed Michael Selig as #CFTC Chairman (53-43 vote) - and this is HUGE for crypto! Why This Matters: ✅ Pro-Crypto Leader - Selig previously argued XRP is a commodity, NOT a security ✅ CFTC Over SEC - Wants clear rules: CFTC regulates spot crypto markets (not the anti-crypto SEC) ✅ Less Enforcement, More Clarity - Promises “principles-based regulation” instead of regulation-by-lawsuits This could be the regulatory shift crypto has been waiting for. The CFTC is smaller (543 staff vs SEC’s 4,200) but WAY more crypto-friendly. What Changes: Clearer rules for DeFi Less aggressive enforcement Better framework for exchanges Innovation-friendly approach Trump’s crypto agenda is becoming reality. The CFTC will now lead crypto regulation in the U.S. Bullish for the entire market!
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TODAY’S TOP 10 CRYPTO HEADLINES
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A Crypto Exchange Just Listed on a Stock Market And It's Not Coinbase #HashKey made history this week. It became the first crypto exchange in Asia to go public in Hong Kong. Here's What Happened: → Raised $206 million → Local demand was 394x higher than available shares → Big names like JPMorgan, UBS and Fidelity backed it But here's the interesting part: The company has lost $370 million over the last 3.5 years. No profits yet. They spent heavily on licenses, compliance and technology. So why did investors rush in? Because HashKey is betting on something different, a fully regulated crypto platform that plays by the rules. Trading volume grew 150x in two years. They now control 75% of Hong Kong's licensed crypto market. Hong Kong wants to become a global crypto hub. This IPO is the first real test of whether "compliant crypto" can attract serious money. If HashKey succeeds, more crypto companies will follow this path. The race between regulated and unregulated crypto is heating up.
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#SEC Sues Bitcoin Miner for $48.5M Fraud The U.S. SEC just dropped a major lawsuit against #VBit founder Danh Vo. Here's what happened: → Raised $95.6M from 6,400 investors → Promised passive income from Bitcoin mining → Allegedly stole $48.5M for gambling & family gifts → Fled the U.S. in November 2021 The catch? VBit vastly overstated how many mining rigs they actually had running. Investors thought their money was mining Bitcoin. It wasn't. The lesson: If someone promises easy crypto profits without you doing anything, dig deeper before investing. Always verify. Always DYOR.
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Maybe Only these Two Men can Save the Bull Market… 🟠 #Bitcoin : monetary finality 🔵 #Ethereum : programmable settlement Different layers. Same system.
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