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Crypto2024

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Bullish
Rate Cuts Fueling Gold’s Boom and Bitcoin’s Digital Gold Debate 👀 After a wild weekend shake-up, stocks and Bitcoin are bouncing back a bit—stocks down about 1.5% from highs, BTC off 10%—thanks to bets on the Fed cutting rates more. They’re expecting around 125 basis points of easing by end-2026, and Powell’s confirmed another small cut soon, which is calming nerves even with some data delays from a government shutdown. Gold’s the real star here, hitting a crazy $4,022/oz (up 52% this year) because central banks like China, Turkey, and India are hoarding it—over 800 tons in the first half of 2025. Big banks think it’ll climb to $4,500–$5,000 by 2026. The vibe’s shifting from just rate worries to bigger stuff like liquidity, ditching the dollar, and hedging bets. Then there’s Bitcoin, which is kinda mirroring gold (correlation over 0.85), and it almost hit a new high too. ETFs are seeing big inflows, so a rally could be coming. But with tariffs and changing liquidity, the question is if BTC can keep being seen as “digital gold” in this next economic phase. Yeah, rate cuts are a short-term lifesaver for risky stuff, but gold’s surge feels super solid—it’s not just hype; central banks are seriously diversifying away from dollars, which could keep pushing it up. Bitcoin’s “digital gold” thing is cool and the correlation shows they’re in sync right now, but BTC might struggle if tariffs crank up trade wars or if liquidity tightens in weird ways. Still, with all the institutional money flowing in, I wouldn’t count it out—could be a wild ride ahead! If you enjoy my content, feel free to follow me ❤️ #Binance #crypto2024
Rate Cuts Fueling Gold’s Boom and Bitcoin’s Digital Gold Debate 👀

After a wild weekend shake-up, stocks and Bitcoin are bouncing back a bit—stocks down about 1.5% from highs, BTC off 10%—thanks to bets on the Fed cutting rates more. They’re expecting around 125 basis points of easing by end-2026, and Powell’s confirmed another small cut soon, which is calming nerves even with some data delays from a government shutdown.

Gold’s the real star here, hitting a crazy $4,022/oz (up 52% this year) because central banks like China, Turkey, and India are hoarding it—over 800 tons in the first half of 2025. Big banks think it’ll climb to $4,500–$5,000 by 2026. The vibe’s shifting from just rate worries to bigger stuff like liquidity, ditching the dollar, and hedging bets.
Then there’s Bitcoin, which is kinda mirroring gold (correlation over 0.85), and it almost hit a new high too. ETFs are seeing big inflows, so a rally could be coming. But with tariffs and changing liquidity, the question is if BTC can keep being seen as “digital gold” in this next economic phase.

Yeah, rate cuts are a short-term lifesaver for risky stuff, but gold’s surge feels super solid—it’s not just hype; central banks are seriously diversifying away from dollars, which could keep pushing it up. Bitcoin’s “digital gold” thing is cool and the correlation shows they’re in sync right now, but BTC might struggle if tariffs crank up trade wars or if liquidity tightens in weird ways. Still, with all the institutional money flowing in, I wouldn’t count it out—could be a wild ride ahead!

If you enjoy my content, feel free to follow me ❤️

#Binance
#crypto2024
🚀 Crypto Revolution: Why 2024 is YOUR Year to Stack Sats and Ride the Bull Wave! 🌊💰 Hey Binance Squad! 👋 Ever feel like the crypto market is a wild rollercoaster, but you're just gripping the safety bar, waiting for the drop? Buckle up, because 2024 isn't just another year—it's the ignition point for the next massive bull run! With Bitcoin smashing past $70K and Ethereum's upgrades paving the way for DeFi dominance, the stage is set for retail investors like YOU to turn FOMO into FOREVER gains. Picture this: Spot Bitcoin ETFs flooding in institutional money, Solana's speed crushing transaction fees, and AI tokens like FET exploding as Web3 meets machine learning. But here's the real game-changer—memecoins aren't just memes anymore. Dogecoin's revival and PEPE's moonshot prove that community hype can mint millionaires overnight. Trending now? Layer-2 scaling solutions like Arbitrum and Optimism are slashing gas fees, making it cheaper than ever to ape into NFTs or yield farm on Binance Smart Chain. Why should you care? Because crypto isn't gambling; it's the future of finance. Ditch the 9-5 grind—start with $100 on Binance, stake your ETH for 5% APY, or trade futures with leverage that pros envy. I've seen friends go from zero to hero by spotting trends early: Remember when SHIB pumped 10,000%? That's the magic of being in the know. But don't just read—act! What's your top pick for 2024: BTC to $100K or altseason chaos? Drop your predictions below, tag a buddy who's sleeping on crypto, and let's build this community together. Follow for daily tips, alpha leaks, and zero-BS analysis. The masses are waking up—join the revolution before it's too late! #crypto2024 #BitcoinBullrun #EthereumETF #MemecoinMadness #BinanceSquare $BTC $BNB $SOL
🚀 Crypto Revolution: Why 2024 is YOUR Year to Stack Sats and Ride the Bull Wave! 🌊💰

Hey Binance Squad! 👋 Ever feel like the crypto market is a wild rollercoaster, but you're just gripping the safety bar, waiting for the drop? Buckle up, because 2024 isn't just another year—it's the ignition point for the next massive bull run! With Bitcoin smashing past $70K and Ethereum's upgrades paving the way for DeFi dominance, the stage is set for retail investors like YOU to turn FOMO into FOREVER gains.

Picture this: Spot Bitcoin ETFs flooding in institutional money, Solana's speed crushing transaction fees, and AI tokens like FET exploding as Web3 meets machine learning. But here's the real game-changer—memecoins aren't just memes anymore. Dogecoin's revival and PEPE's moonshot prove that community hype can mint millionaires overnight. Trending now? Layer-2 scaling solutions like Arbitrum and Optimism are slashing gas fees, making it cheaper than ever to ape into NFTs or yield farm on Binance Smart Chain.

Why should you care? Because crypto isn't gambling; it's the future of finance. Ditch the 9-5 grind—start with $100 on Binance, stake your ETH for 5% APY, or trade futures with leverage that pros envy. I've seen friends go from zero to hero by spotting trends early: Remember when SHIB pumped 10,000%? That's the magic of being in the know.

But don't just read—act! What's your top pick for 2024: BTC to $100K or altseason chaos? Drop your predictions below, tag a buddy who's sleeping on crypto, and let's build this community together. Follow for daily tips, alpha leaks, and zero-BS analysis. The masses are waking up—join the revolution before it's too late!

#crypto2024 #BitcoinBullrun #EthereumETF #MemecoinMadness #BinanceSquare
$BTC $BNB $SOL
How HAQQ Academy can help you learn about ethical finance and blockchain. HAQQ Academy. HAQQ Academy is an online learning platform that offers comprehensive guides on Shariah-compliant financial practices and blockchain integration. It is part of the HAQQ ecosystem, a scalable and interoperable blockchain built on Proof-of-Stake with fast finality and ethical finance principles. What are the benefits of HAQQ Academy? HAQQ Academy offers many benefits for anyone who wants to learn about ethical finance and blockchain, regardless of their faith or background. Some of these benefits are: Free and accessible: HAQQ Academy is free and open to anyone who wants to join. You can access the courses and materials anytime and anywhere, as long as you have an internet connection and a device. You can also interact with other learners and instructors through the HAQQ Academy community. Informative and engaging: HAQQ Academy covers a wide range of topics, from the basics of money and cryptocurrency to the complexities of blockchain technology and Islamic finance. The courses are designed to be informative and engaging, with clear explanations, practical examples, and interactive quizzes. You can also earn certificates and badges upon completing the courses. Relevant and updated: HAQQ Academy is constantly updated with the latest news and developments in the crypto space and the HAQQ ecosystem. You can learn about the features and benefits of Islamic coin, the native currency of HAQQ, as well as the opportunities and challenges of ethical finance and blockchain. You can also get insights and tips from experts, scholars, and influencers who support or endorse HAQQ and Islamic coin. How can you join HAQQ Academy? Joining HAQQ Academy is easy and simple. All you need to do is: Visit the HAQQ Academy website (https://islamiccoin.net/academy) and sign up with your email address or social media account. Browse the available courses and enroll in the ones that interest you. Start learning and have fun! #BTC #Islamiccoin #crypto2024
How HAQQ Academy can help you learn about ethical finance and blockchain.

HAQQ Academy. HAQQ Academy is an online learning platform that offers comprehensive guides on Shariah-compliant financial practices and blockchain integration. It is part of the HAQQ ecosystem, a scalable and interoperable blockchain built on Proof-of-Stake with fast finality and ethical finance principles.

What are the benefits of HAQQ Academy?

HAQQ Academy offers many benefits for anyone who wants to learn about ethical finance and blockchain, regardless of their faith or background. Some of these benefits are:

Free and accessible: HAQQ Academy is free and open to anyone who wants to join. You can access the courses and materials anytime and anywhere, as long as you have an internet connection and a device. You can also interact with other learners and instructors through the HAQQ Academy community.

Informative and engaging: HAQQ Academy covers a wide range of topics, from the basics of money and cryptocurrency to the complexities of blockchain technology and Islamic finance. The courses are designed to be informative and engaging, with clear explanations, practical examples, and interactive quizzes. You can also earn certificates and badges upon completing the courses.

Relevant and updated: HAQQ Academy is constantly updated with the latest news and developments in the crypto space and the HAQQ ecosystem. You can learn about the features and benefits of Islamic coin, the native currency of HAQQ, as well as the opportunities and challenges of ethical finance and blockchain. You can also get insights and tips from experts, scholars, and influencers who support or endorse HAQQ and Islamic coin.

How can you join HAQQ Academy?

Joining HAQQ Academy is easy and simple. All you need to do is:
Visit the HAQQ Academy website
(https://islamiccoin.net/academy)
and sign up with your email address or social media account.
Browse the available courses and enroll in the ones that interest you.
Start learning and have fun!

#BTC
#Islamiccoin
#crypto2024
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Bullish
🚨 BREAKING ALERT🚨 COIN NAME: #NEAR/USDT 🔔 Follow me on Binance Feed for exclusive premium signals! 📈 SIGNAL TYPE: LONG - Stay tuned for my entry price. 🎯 TARGETS: 1. 1st TP (Take Profit): 3.5 2. 2nd TP: 3.58 3. 3rd TP: 3.7 🔒 LEVERAGE: 5x - Use 5x leverage for added safety if your funds are limited. Don't miss out on this opportunity! Stay connected for real-time updates. 📊💰 #swap_crypto #NEAR/USDT #Write2Earn #crypto2024
🚨 BREAKING ALERT🚨

COIN NAME: #NEAR/USDT

🔔 Follow me on Binance Feed for exclusive premium signals!

📈 SIGNAL TYPE: LONG

- Stay tuned for my entry price.

🎯 TARGETS:
1. 1st TP (Take Profit): 3.5
2. 2nd TP: 3.58
3. 3rd TP: 3.7

🔒 LEVERAGE: 5x

- Use 5x leverage for added safety if your funds are limited.

Don't miss out on this opportunity! Stay connected for real-time updates. 📊💰
#swap_crypto #NEAR/USDT #Write2Earn #crypto2024
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Bullish
According to Kucoin market data, $FIRE (#MATR1X ) broke through 1.89 USDT, reaching a historical high, and is currently at 1.79 USDT, with a 6% increase in the past 24 hours and a 47% increase over the past 7 days. It is reported that #Matr1xFIRE launched a gold farming test codenamed "Genesis Flame" on September 21, where genesis character players can participate in gold mining to produce $FIRE. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
According to Kucoin market data, $FIRE (#MATR1X ) broke through 1.89 USDT, reaching a historical high, and is currently at 1.79 USDT, with a 6% increase in the past 24 hours and a 47% increase over the past 7 days.

It is reported that #Matr1xFIRE launched a gold farming test codenamed "Genesis Flame" on September 21, where genesis character players can participate in gold mining to produce $FIRE.

If you enjoy my content, feel free to tip me ❤️

#Binance
#crypto2024
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Bullish
🚨🚨🚨NEW SIGNAL🚨🚨🚨 JOIN MY LIVE STREAM FOR PREMIUM SIGNALS👈🏻👈🏻 COIN NAME- #TRUUSDT WHY DO I THINK TRU WILL PUMP HARD ? 1. I can see a H&S pattern in 12h timeframe and it's breakout resistance line and it will came back for retest then we will open a long position. 2. BTC.D or btc dominance is bearish so that alts coin is bullish. 3. I can see tottal3 is bullish that means more money will inflow in alts coin. Entry price- .076 1st tp- .079 2nd tp- .0817 3rd tp- .0836 4th tp- .086 Stop Loss (sl) - .0715 Leverage will be 10x If you want to get premium signal daily like this 2-4 Do 2 step 1. join my binance live you will get more information what you have to do for premium signal. 2. Just click on my profile picture to join my binance live stream I will add a picture. #swap_crypto #TRU #crypto2024 #TrendingTopic
🚨🚨🚨NEW SIGNAL🚨🚨🚨

JOIN MY LIVE STREAM FOR PREMIUM SIGNALS👈🏻👈🏻

COIN NAME- #TRUUSDT

WHY DO I THINK TRU WILL PUMP HARD ?

1. I can see a H&S pattern in 12h timeframe and it's breakout resistance line and it will came back for retest then we will open a long position.

2. BTC.D or btc dominance is bearish so that alts coin is bullish.

3. I can see tottal3 is bullish that means more money will inflow in alts coin.

Entry price- .076

1st tp- .079
2nd tp- .0817
3rd tp- .0836
4th tp- .086

Stop Loss (sl) - .0715
Leverage will be 10x

If you want to get premium signal daily like this 2-4 Do 2 step
1. join my binance live you will get more information what you have to do for premium signal.

2. Just click on my profile picture to join my binance live stream I will add a picture.
#swap_crypto #TRU #crypto2024 #TrendingTopic
#POND/USDT POND is forming rounding bottom on weekly timeframe💡 Looking for a scalp long if we break out and confirm the pattern📈 Cryptobox - Take some money: One of the codes BTC cryptobox? Code: BPGR2XFU1Z BPGQ1GWU24 BPFKPCCPLD BP6PIX9RQW BPHJVVRCEM [Or link one crypto box](https://s.binance.com/a5daZulD) Update soon, my friends 💫 #TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor Update soon, my friends 💫
#POND/USDT

POND is forming rounding bottom on weekly timeframe💡

Looking for a scalp long if we break out and confirm the pattern📈

Cryptobox - Take some money:

One of the codes BTC cryptobox?

Code:

BPGR2XFU1Z

BPGQ1GWU24

BPFKPCCPLD

BP6PIX9RQW

BPHJVVRCEM

Or link one crypto box

Update soon, my friends 💫

#TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor

Update soon, my friends 💫
VIP NEWS Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets. ⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀ Wait for updates, my friends 💫 #TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor
VIP NEWS

Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets.
⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀↽↼⇁⇀

Wait for updates, my friends 💫

#TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor
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Bullish
Apollo Expert Predicts Fed Likely to Hold Rates Steady in November 👍🏻 Torsten Slok, Chief Economist at #Apollo Asset Management, stated in a report that due to consistently strong U.S. economic data, the Federal Reserve may refrain from cutting interest rates in the near term. The Atlanta Federal Reserve’s forecast for third-quarter #GDP is currently 3.4%, indicating continued economic expansion. Slok noted that the economy is benefiting from factors such as dovish Fed policies, reduced uncertainty surrounding the upcoming #election , and easing geopolitical risks. He predicts that the Fed is more likely to hold rates steady in November rather than cut them. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
Apollo Expert Predicts Fed Likely to Hold Rates Steady in November 👍🏻

Torsten Slok, Chief Economist at #Apollo Asset Management, stated in a report that due to consistently strong U.S. economic data, the Federal Reserve may refrain from cutting interest rates in the near term.

The Atlanta Federal Reserve’s forecast for third-quarter #GDP is currently 3.4%, indicating continued economic expansion. Slok noted that the economy is benefiting from factors such as dovish Fed policies, reduced uncertainty surrounding the upcoming #election , and easing geopolitical risks. He predicts that the Fed is more likely to hold rates steady in November rather than cut them.

If you enjoy my content, feel free to tip me ❤️

#Binance
#crypto2024
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Bullish
STOKR Raises $7.98M to Build One of Europe’s First Bitcoin Treasuries 🚀 Digital asset marketplace #STOKR has raised $7.98 million, a combination of 100 BTC and €1.2 million in cash, to establish one of the EU’s first corporate bitcoin treasuries. Led by #Fulgur Ventures, the funding will help STOKR follow MicroStrategy’s lead in building a substantial bitcoin treasury. The company also plans to introduce bitcoin-based tokenized assets and enhance institutional tokenization using Bitcoin Layer 2 technologies like the Liquid Network. STOKR aims to transition from Virtual Asset Service Provider (#VASP ) to a Crypto Asset Service Provider (CASP) under the EU’s new MiCA regulatory framework. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
STOKR Raises $7.98M to Build One of Europe’s First Bitcoin Treasuries 🚀

Digital asset marketplace #STOKR has raised $7.98 million, a combination of 100 BTC and €1.2 million in cash, to establish one of the EU’s first corporate bitcoin treasuries.

Led by #Fulgur Ventures, the funding will help STOKR follow MicroStrategy’s lead in building a substantial bitcoin treasury. The company also plans to introduce bitcoin-based tokenized assets and enhance institutional tokenization using Bitcoin Layer 2 technologies like the Liquid Network. STOKR aims to transition from Virtual Asset Service Provider (#VASP ) to a Crypto Asset Service Provider (CASP) under the EU’s new MiCA regulatory framework.

If you enjoy my content, feel free to tip me ❤️

#Binance
#crypto2024
🚨 Expert Says XRP ETF is Unimaginable Until This Happens 🤔📉 As crypto enthusiasts eagerly await the debut of exchange-traded funds (ETFs) in 2024, a prominent figure in the XRP community, WrathofKahneman (WoK), shares insights on why the prospect of an XRP ETF remains uncertain. 🌐🤯 📉 1. Crypto ETFs in 2024: A Game Changer for Volatility! WoK predicts that the arrival of crypto ETFs will mark a significant turning point, injecting institutional funds into the crypto space. However, he cautions that this influx is likely to bring about increased market volatility. 📊💥 The confluence of institutional capital and potential arbitrage opportunities with underlying crypto assets could set the stage for a turbulent market. 💡 2. Separation of Operations: Amplifying Arbitrage Opportunities! WoK highlights a crucial factor contributing to potential volatility – the separation of companies handling ETF and crypto operations. This division could lead to intensified arbitrage opportunities as investors seek to capitalize on price differentials. 🔄💰 🚫 3. XRP ETF Hurdles: Legal Battles and Regulatory Caution! WoK suggests that the legal uncertainty surrounding XRP, particularly the ongoing SEC lawsuit against Ripple, could pose significant hurdles for the introduction of an XRP spot ETF. Until this legal cloud lifts, the chances of an XRP ETF materializing remain slim. 🚧⚖️ 🛣️ 4. A Roadmap for XRP ETF: Addressing Legal Concerns! WoK emphasizes the importance of resolving legal disputes, echoing sentiments from a Bloomberg analyst who previously highlighted the need for XRP to be incorporated into a derivative platform. The suggestion is that listing XRP futures on platforms like the Chicago Mercantile Exchange (CME) could pave the way for regulatory approval of an XRP ETF. 📈🛤️ 🚀 Stay Informed, Stay Prepared: Follow The Defidraft for Crypto Insights! 🌐💡 #XRPSurge #XRPBullRun #XRPUpdate #Cryptocurrency #crypto2024
🚨 Expert Says XRP ETF is Unimaginable Until This Happens 🤔📉

As crypto enthusiasts eagerly await the debut of exchange-traded funds (ETFs) in 2024, a prominent figure in the XRP community, WrathofKahneman (WoK), shares insights on why the prospect of an XRP ETF remains uncertain. 🌐🤯

📉 1. Crypto ETFs in 2024: A Game Changer for Volatility!

WoK predicts that the arrival of crypto ETFs will mark a significant turning point, injecting institutional funds into the crypto space. However, he cautions that this influx is likely to bring about increased market volatility. 📊💥 The confluence of institutional capital and potential arbitrage opportunities with underlying crypto assets could set the stage for a turbulent market.

💡 2. Separation of Operations: Amplifying Arbitrage Opportunities!

WoK highlights a crucial factor contributing to potential volatility – the separation of companies handling ETF and crypto operations. This division could lead to intensified arbitrage opportunities as investors seek to capitalize on price differentials. 🔄💰

🚫 3. XRP ETF Hurdles: Legal Battles and Regulatory Caution!

WoK suggests that the legal uncertainty surrounding XRP, particularly the ongoing SEC lawsuit against Ripple, could pose significant hurdles for the introduction of an XRP spot ETF. Until this legal cloud lifts, the chances of an XRP ETF materializing remain slim. 🚧⚖️

🛣️ 4. A Roadmap for XRP ETF: Addressing Legal Concerns!

WoK emphasizes the importance of resolving legal disputes, echoing sentiments from a Bloomberg analyst who previously highlighted the need for XRP to be incorporated into a derivative platform. The suggestion is that listing XRP futures on platforms like the Chicago Mercantile Exchange (CME) could pave the way for regulatory approval of an XRP ETF. 📈🛤️

🚀 Stay Informed, Stay Prepared: Follow The Defidraft for Crypto Insights! 🌐💡

#XRPSurge #XRPBullRun #XRPUpdate #Cryptocurrency #crypto2024
$HIGH is still in range of 2.75 to 2.9, please be noted that 8 hours from now there will be unlocked token for 2.74m token which is around $7.62m, after that the direction of High Street will more clear if $BTC not have great correction on that time. How do you think about Highstreet price after unlocked token in circulating supply? #cryptowatchJune2024 #crypto2024 #writetoearn
$HIGH is still in range of 2.75 to 2.9, please be noted that 8 hours from now there will be unlocked token for 2.74m token which is around $7.62m, after that the direction of High Street will more clear if $BTC not have great correction on that time. How do you think about Highstreet price after unlocked token in circulating supply?
#cryptowatchJune2024 #crypto2024 #writetoearn
🔍 Breaking: SEC vs. Coinbase Update - Judge Failla Challenges SEC’s Case! 🏛️💼 In a courtroom showdown on January 17, the battle between the US Securities and Exchange Commission (SEC) and Coinbase reached a pivotal moment. Coinbase's argument that its traded tokens shouldn't be deemed securities took center stage, and the judge's reactions signal potential shifts in the crypto regulatory landscape. 🚀 Key Highlights from the Hearing: Judge Failla Leans Towards Coinbase: 🤔 Judge Failla showed favorable inclinations towards Coinbase, expressing keen interest in the case.👍 Commended the decentralized finance (DeFi) community's amicus brief, contrasting it favorably with the SEC’s stance. Howey Test and Token Classification: 🧐 Judge Failla questioned the SEC's handling of the Howey test, a pivotal element in defining securities.🤖 SEC lawyer referred to tokens as "computer code," sparking skepticism from the judge about the SEC's position. Risks of Staking and Broad SEC Definitions: ⚖️ Discussed risks associated with staking on Coinbase, comparing them to traditional banks.🤨 Judge Failla expressed concerns about the SEC's broad definition of securities and its potential impact on purchasers. Collectibles and Strict Liability Argument: 🤔 Judge Failla expressed caution about implicating commodities or non-security assets.🤯 Ridiculed SEC's use of "strict liability," demanding precise explanations on how Coinbase should have known about unregistered securities. Judge Failla's Skepticism and Retail Investor Concerns: 🧐 Expressed skepticism about SEC's claims and potential implications on retail investors.🤔 Questioned if purchasers would have the right of rescission if tokens were deemed securities. 🚨 Stay Informed, Stay Engaged! Follow The Defidraft for Crypto Regulatory Insights! 🌐📰 #SECandETF #CoinbaseShares #MANTA #cryptocurrency #crypto2024
🔍 Breaking: SEC vs. Coinbase Update - Judge Failla Challenges SEC’s Case! 🏛️💼

In a courtroom showdown on January 17, the battle between the US Securities and Exchange Commission (SEC) and Coinbase reached a pivotal moment. Coinbase's argument that its traded tokens shouldn't be deemed securities took center stage, and the judge's reactions signal potential shifts in the crypto regulatory landscape. 🚀

Key Highlights from the Hearing:

Judge Failla Leans Towards Coinbase:

🤔 Judge Failla showed favorable inclinations towards Coinbase, expressing keen interest in the case.👍 Commended the decentralized finance (DeFi) community's amicus brief, contrasting it favorably with the SEC’s stance.

Howey Test and Token Classification:

🧐 Judge Failla questioned the SEC's handling of the Howey test, a pivotal element in defining securities.🤖 SEC lawyer referred to tokens as "computer code," sparking skepticism from the judge about the SEC's position.

Risks of Staking and Broad SEC Definitions:

⚖️ Discussed risks associated with staking on Coinbase, comparing them to traditional banks.🤨 Judge Failla expressed concerns about the SEC's broad definition of securities and its potential impact on purchasers.

Collectibles and Strict Liability Argument:

🤔 Judge Failla expressed caution about implicating commodities or non-security assets.🤯 Ridiculed SEC's use of "strict liability," demanding precise explanations on how Coinbase should have known about unregistered securities.

Judge Failla's Skepticism and Retail Investor Concerns:

🧐 Expressed skepticism about SEC's claims and potential implications on retail investors.🤔 Questioned if purchasers would have the right of rescission if tokens were deemed securities.

🚨 Stay Informed, Stay Engaged! Follow The Defidraft for Crypto Regulatory Insights! 🌐📰

#SECandETF #CoinbaseShares #MANTA #cryptocurrency #crypto2024
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