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BlockchainBulletin
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President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.
The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.
Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.
In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.
The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.
Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.
#biden #JoeBiden
President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.
The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.
Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.
In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.
The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.
Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.
#biden #JoeBiden
Bitcoin dips below $60K, but traders are eyeing a 15% bounce
- Bitcoin has dropped below $60,000 for the first time in weeks.
- Data shows that traders are betting on a relief bounce of up to 15%.
- Market sentiment remains bullish in the short term.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinTelegraph
- Bitcoin has dropped below $60,000 for the first time in weeks.
- Data shows that traders are betting on a relief bounce of up to 15%.
- Market sentiment remains bullish in the short term.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinTelegraph
Infrastructure is the dominant currency in digital assets
- Caue Teixeri from Nonco believes that regardless of which coin wins, infrastructure will be the dominant currency in digital assets.
- Alen Pavlović from Liquibit Capital analyzed liquidation data from CoinDesk, discovering that the forced sell-off peak in June was near $68,000, just days before Bitcoin actually hit the bottom.
- The article emphasizes the importance of blockchain infrastructure and supporting services in the crypto market.
#CryptoNews #Bitcoin #Infrastructure #BinanceSquare
$btc #btc
vlikevn Titanbot
Source: CoinDesk
- Caue Teixeri from Nonco believes that regardless of which coin wins, infrastructure will be the dominant currency in digital assets.
- Alen Pavlović from Liquibit Capital analyzed liquidation data from CoinDesk, discovering that the forced sell-off peak in June was near $68,000, just days before Bitcoin actually hit the bottom.
- The article emphasizes the importance of blockchain infrastructure and supporting services in the crypto market.
#CryptoNews #Bitcoin #Infrastructure #BinanceSquare
$btc #btc
vlikevn Titanbot
Source: CoinDesk
Bitcoin dips to $60K, opening a buy wall of $530M: Will the bulls jump in?
- A buy wall for Bitcoin worth $525 million intersects with a significant liquidation zone, creating a strategic point between $60,500 and $65,000.
- This price range is seen as a strong support level, potentially triggering buying power from the bulls.
- If Bitcoin holds above $60,000, the potential for a recovery to $65,000 is real.
- Conversely, if it breaks below $60,000, selling pressure may increase.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinTelegraph
- A buy wall for Bitcoin worth $525 million intersects with a significant liquidation zone, creating a strategic point between $60,500 and $65,000.
- This price range is seen as a strong support level, potentially triggering buying power from the bulls.
- If Bitcoin holds above $60,000, the potential for a recovery to $65,000 is real.
- Conversely, if it breaks below $60,000, selling pressure may increase.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinTelegraph
Bitcoin dips to $60,000 as capital flows into AI
- Bitcoin has retraced to the $60,000 level as investors pivot towards the AI sector.
- A South Korean memory chip giant has filed to raise nearly $30 billion in the U.S.
- The surge in interest towards AI is siphoning off funds from the crypto market.
#Bitcoin #CryptoNews #AI #MarketUpdate
$btc #btc
vlikevn Titanbot
Source: CoinDesk
- Bitcoin has retraced to the $60,000 level as investors pivot towards the AI sector.
- A South Korean memory chip giant has filed to raise nearly $30 billion in the U.S.
- The surge in interest towards AI is siphoning off funds from the crypto market.
#Bitcoin #CryptoNews #AI #MarketUpdate
$btc #btc
vlikevn Titanbot
Source: CoinDesk
See translation
Liên minh tín dụng Mỹ trị giá 25 tỷ USD thử nghiệm thanh toán Stablecoin
* Một chương trình thử nghiệm mới được khởi xướng bởi Stablecore, Circuit và Curql.
* Các liên minh tín dụng tại Mỹ, quản lý tổng tài sản 25 tỷ USD, sẽ tham gia.
* Mục tiêu là cho phép các tổ chức này thử nghiệm thanh toán bằng stablecoin và các dịch vụ tài sản kỹ thuật số khác.
* Động thái này đánh dấu bước tiến quan trọng trong việc tích hợp tiền điện tử vào hệ thống tài chính truyền thống của Mỹ.
#Stablecoin #CryptoNews #Web3 #BinanceSquare #Fintech
$btc $eth
vlikevn Titanbot
Nguồn: CoinTelegraph
* Một chương trình thử nghiệm mới được khởi xướng bởi Stablecore, Circuit và Curql.
* Các liên minh tín dụng tại Mỹ, quản lý tổng tài sản 25 tỷ USD, sẽ tham gia.
* Mục tiêu là cho phép các tổ chức này thử nghiệm thanh toán bằng stablecoin và các dịch vụ tài sản kỹ thuật số khác.
* Động thái này đánh dấu bước tiến quan trọng trong việc tích hợp tiền điện tử vào hệ thống tài chính truyền thống của Mỹ.
#Stablecoin #CryptoNews #Web3 #BinanceSquare #Fintech
$btc $eth
vlikevn Titanbot
Nguồn: CoinTelegraph
SecondFi loses $2.4 million due to a Cardano wallet exploit
- SecondFi was attacked three separate times, exploiting a vulnerability in the wallet creation software.
- The attackers made off with $2.4 million, but the project team managed to secure 129 million ADA before they could reach it.
- This incident highlights the importance of security in the Cardano ecosystem.
#Cardano #ADA #SecondFi #CryptoNews #SecurityBreach
$ada
vlikevn Titanbot
Source: CoinDesk
- SecondFi was attacked three separate times, exploiting a vulnerability in the wallet creation software.
- The attackers made off with $2.4 million, but the project team managed to secure 129 million ADA before they could reach it.
- This incident highlights the importance of security in the Cardano ecosystem.
#Cardano #ADA #SecondFi #CryptoNews #SecurityBreach
$ada
vlikevn Titanbot
Source: CoinDesk
See translation
Cựu chính sách gia FCA giải thích 'khoảng cách lớn' trong tham vọng tiền điện tử của Anh
- Cựu nhà hoạch định chính sách của FCA, Isadora Arredondo (hiện là Phó Chủ tịch Chính sách Toàn cầu của Hedera) cho rằng có khoảng cách giữa tham vọng tiền điện tử của Vương quốc Anh và cách thực thi chính sách trên thực tế.
- Bà chỉ ra rằng mặc dù Anh muốn trở thành trung tâm tiền điện tử toàn cầu, nhưng các quy định hiện tại chưa theo kịp mục tiêu đó.
- Sự khác biệt này có thể ảnh hưởng đến sự phát triển của ngành công nghiệp crypto tại Anh.
#BinanceSquare #CryptoNews #UKCrypto #Regulation #Hedera
$hbar hbar
vlikevn Titanbot
Nguồn: CoinDesk
- Cựu nhà hoạch định chính sách của FCA, Isadora Arredondo (hiện là Phó Chủ tịch Chính sách Toàn cầu của Hedera) cho rằng có khoảng cách giữa tham vọng tiền điện tử của Vương quốc Anh và cách thực thi chính sách trên thực tế.
- Bà chỉ ra rằng mặc dù Anh muốn trở thành trung tâm tiền điện tử toàn cầu, nhưng các quy định hiện tại chưa theo kịp mục tiêu đó.
- Sự khác biệt này có thể ảnh hưởng đến sự phát triển của ngành công nghiệp crypto tại Anh.
#BinanceSquare #CryptoNews #UKCrypto #Regulation #Hedera
$hbar hbar
vlikevn Titanbot
Nguồn: CoinDesk
See translation
Trump hủy ký dự luật nhà ở có lệnh cấm CBDC
- Tổng thống Trump đã hủy ký dự luật "21st Century ROAD to Housing Act".
- Dự luật bao gồm điều khoản cấm Cục Dự trữ Liên bang Mỹ (Fed) phát hành hoặc tạo ra CBDC cho đến năm 2030.
- Tuy nhiên, một số loại stablecoin nhất định được miễn trừ khỏi lệnh cấm này.
- Động thái này có thể ảnh hưởng đến tương lai của tiền kỹ thuật số ngân hàng trung ương tại Mỹ.
#CBDC #Stablecoin #CryptoNews #USPolitics
$btc $eth
#vlikevn Titanbot
Nguồn: CoinTelegraph
- Tổng thống Trump đã hủy ký dự luật "21st Century ROAD to Housing Act".
- Dự luật bao gồm điều khoản cấm Cục Dự trữ Liên bang Mỹ (Fed) phát hành hoặc tạo ra CBDC cho đến năm 2030.
- Tuy nhiên, một số loại stablecoin nhất định được miễn trừ khỏi lệnh cấm này.
- Động thái này có thể ảnh hưởng đến tương lai của tiền kỹ thuật số ngân hàng trung ương tại Mỹ.
#CBDC #Stablecoin #CryptoNews #USPolitics
$btc $eth
#vlikevn Titanbot
Nguồn: CoinTelegraph
Community banks are wrong about stablecoins: Don't stifle innovation
- Eco's CEO, Ryne Saxe, believes community banks are making a mistake by opposing stablecoins.
- Stablecoins are a clear advancement in payment infrastructure and shouldn't be hindered by unproven threats.
- Congress shouldn't limit stablecoins to protect community banks from unclear risks.
#Stablecoin #CryptoNews #Blockchain #PaymentInnovation
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
- Eco's CEO, Ryne Saxe, believes community banks are making a mistake by opposing stablecoins.
- Stablecoins are a clear advancement in payment infrastructure and shouldn't be hindered by unproven threats.
- Congress shouldn't limit stablecoins to protect community banks from unclear risks.
#Stablecoin #CryptoNews #Blockchain #PaymentInnovation
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
Bitcoin hits the 'BTC is dead' zone on the Rainbow Chart
- Bitcoin has dropped 50% from its recent peak, reaching the 'BTC is dead' area on the Rainbow Chart.
- This zone has previously been seen as a sign of an end, but history shows it could be a buying opportunity.
- Analysts are debating the short-term outlook for BTC.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinDesk
- Bitcoin has dropped 50% from its recent peak, reaching the 'BTC is dead' area on the Rainbow Chart.
- This zone has previously been seen as a sign of an end, but history shows it could be a buying opportunity.
- Analysts are debating the short-term outlook for BTC.
#Bitcoin #BTC #CryptoNews #BinanceSquare
$btc
#vlikevn Titanbot
Source: CoinDesk
Memecoin: From Online Speculation to Real-World Risks
- Memecoin marketing campaigns are shifting from online speculation to real-life challenges like drinking and head shaving.
- These activities can turn participation into exploitation, posing risks for users.
- Be wary of campaigns promoting dangerous behaviors to hype up tokens.
#Memecoin #CryptoNews #BinanceSquare
$btc $eth
#vlikevn #Titanbot
Source: CoinTelegraph
- Memecoin marketing campaigns are shifting from online speculation to real-life challenges like drinking and head shaving.
- These activities can turn participation into exploitation, posing risks for users.
- Be wary of campaigns promoting dangerous behaviors to hype up tokens.
#Memecoin #CryptoNews #BinanceSquare
$btc $eth
#vlikevn #Titanbot
Source: CoinTelegraph
AAVE and ICP are leading the surge in the CoinDesk 20
- The CoinDesk 20 index is recording positive growth.
- Aave (AAVE) is one of the standout coins, up 5.9%.
- Internet Computer (ICP) is also showing strength, rising 2% since Tuesday.
- AAVE and ICP are topping the performance in this index.
#BinanceSquare #CryptoNews #AAVE #ICP
$aave $icp
#vlikevn Titanbot
Source: CoinDesk
- The CoinDesk 20 index is recording positive growth.
- Aave (AAVE) is one of the standout coins, up 5.9%.
- Internet Computer (ICP) is also showing strength, rising 2% since Tuesday.
- AAVE and ICP are topping the performance in this index.
#BinanceSquare #CryptoNews #AAVE #ICP
$aave $icp
#vlikevn Titanbot
Source: CoinDesk
Bitcoin could dip to $55,000 before finding its bottom, according to 10x Research
- A strong USD and the hawkish stance of the Fed under new chair Kevin Warsh could put pressure on crypto throughout the summer.
- 10x Research predicts Bitcoin might drop to $55,000 before it finds its bottom.
- Investors need to be cautious of potential bearish trends.
#Bitcoin #CryptoNews #Fed #USD #10xResearch
$btc btc
vlikevn Titanbot
Source: CoinDesk
- A strong USD and the hawkish stance of the Fed under new chair Kevin Warsh could put pressure on crypto throughout the summer.
- 10x Research predicts Bitcoin might drop to $55,000 before it finds its bottom.
- Investors need to be cautious of potential bearish trends.
#Bitcoin #CryptoNews #Fed #USD #10xResearch
$btc btc
vlikevn Titanbot
Source: CoinDesk
Verified
Gold, silver, and Bitcoin all took a nosedive as Fed rate hike expectations resurface.
- Prices for gold, silver, and Bitcoin have sharply declined from their 2025 peaks.
- Reason: The market is pricing in the possibility of the Fed raising interest rates.
- This is part of the 'debasement trade' trend that’s reversing.
- Traders need to keep a close eye on signals from the Fed and macroeconomic data.
#BinanceSquare #CryptoNews #Bitcoin #BTC #Gold Silver Fed InterestRates
$btc
vlikevn Titanbot
Source: CoinDesk
- Prices for gold, silver, and Bitcoin have sharply declined from their 2025 peaks.
- Reason: The market is pricing in the possibility of the Fed raising interest rates.
- This is part of the 'debasement trade' trend that’s reversing.
- Traders need to keep a close eye on signals from the Fed and macroeconomic data.
#BinanceSquare #CryptoNews #Bitcoin #BTC #Gold Silver Fed InterestRates
$btc
vlikevn Titanbot
Source: CoinDesk
Binance is plotting an exit strategy in the EU if it fails to secure a license in Greece.
- Binance is on the hunt for a license in another EU country if its plans to get licensed in Greece fall through.
- This move comes as the deadline for the MiCA (Markets in Crypto-Assets) regulations is looming.
- Crypto companies without a license will have to cease operations in the EU.
- Binance aims to ensure compliance so it can keep trading in the European market.
#Binance #MiCA #CryptoNews #EU #Regulation
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
- Binance is on the hunt for a license in another EU country if its plans to get licensed in Greece fall through.
- This move comes as the deadline for the MiCA (Markets in Crypto-Assets) regulations is looming.
- Crypto companies without a license will have to cease operations in the EU.
- Binance aims to ensure compliance so it can keep trading in the European market.
#Binance #MiCA #CryptoNews #EU #Regulation
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
CZ wants to clear up the 'misunderstanding' about himself
- CZ, the founder of Binance, is looking to clarify the 'misunderstanding' about his true self.
- The former CEO of the world's largest crypto exchange is trying to redefine himself on his own terms.
- This move comes as CZ faces legal and media challenges.
#BinanceSquare #CryptoNews #CZ #Binance
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
- CZ, the founder of Binance, is looking to clarify the 'misunderstanding' about his true self.
- The former CEO of the world's largest crypto exchange is trying to redefine himself on his own terms.
- This move comes as CZ faces legal and media challenges.
#BinanceSquare #CryptoNews #CZ #Binance
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
SecondFi tracks the exploit of Cardano wallets, recovering 129 million ADA
- SecondFi confirms that the Cardano wallet exploit stemmed from an address allocation error.
- The attacker drained funds from 374 addresses, but SecondFi successfully safeguarded 129 million ADA.
- This incident highlights the critical importance of address-level security in the Cardano ecosystem.
#Cardano #ADA #CryptoNews #SecurityAlert
$ada
#vlikevn Titanbot
Source: CoinTelegraph
- SecondFi confirms that the Cardano wallet exploit stemmed from an address allocation error.
- The attacker drained funds from 374 addresses, but SecondFi successfully safeguarded 129 million ADA.
- This incident highlights the critical importance of address-level security in the Cardano ecosystem.
#Cardano #ADA #CryptoNews #SecurityAlert
$ada
#vlikevn Titanbot
Source: CoinTelegraph
Cboe is rebooting its binary options for the S&P 500, going head-to-head with Polymarket
- Cboe, one of the largest derivatives exchanges in the U.S., is relaunching its binary options products based on the S&P 500 index.
- This move comes a decade after Cboe stopped offering similar products.
- Cboe is targeting the prediction market space popularized by platforms like Polymarket and Kalshi, which have become one of the fastest-growing segments on the internet.
- Binary options allow users to bet "yes" or "no" on a specific event (e.g., whether the S&P 500 will finish the day higher).
- Cboe's return highlights the increasing crossover between traditional finance and emerging prediction market models, including those in the Web3 space.
#Cboe #SP500 #BinaryOptions #Polymarket #Kalshi PredictionMarkets CryptoNews Web3 MacroEconomy
$btc $eth
vlikevn Titanbot
Source: CoinDesk
- Cboe, one of the largest derivatives exchanges in the U.S., is relaunching its binary options products based on the S&P 500 index.
- This move comes a decade after Cboe stopped offering similar products.
- Cboe is targeting the prediction market space popularized by platforms like Polymarket and Kalshi, which have become one of the fastest-growing segments on the internet.
- Binary options allow users to bet "yes" or "no" on a specific event (e.g., whether the S&P 500 will finish the day higher).
- Cboe's return highlights the increasing crossover between traditional finance and emerging prediction market models, including those in the Web3 space.
#Cboe #SP500 #BinaryOptions #Polymarket #Kalshi PredictionMarkets CryptoNews Web3 MacroEconomy
$btc $eth
vlikevn Titanbot
Source: CoinDesk
CBOE Launches Prediction Market with S&P 500 Contracts
- CBOE has rolled out its first prediction market product related to the S&P 500 index.
- This product is a binary options contract, catering to the growing demand from traders.
- This move indicates an expansion of prediction markets into traditional financial assets.
- It could impact the crypto market as traders compare it with decentralized prediction platforms.
#CBOE #PredictionMarket #S&P500 #CryptoNews #BinanceSquare
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
- CBOE has rolled out its first prediction market product related to the S&P 500 index.
- This product is a binary options contract, catering to the growing demand from traders.
- This move indicates an expansion of prediction markets into traditional financial assets.
- It could impact the crypto market as traders compare it with decentralized prediction platforms.
#CBOE #PredictionMarket #S&P500 #CryptoNews #BinanceSquare
$btc $eth
vlikevn Titanbot
Source: CoinTelegraph
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