tokens

‎Jeremy Gardner é um exemplo vivo de como acreditar no potencial das criptomoedas pode transformar uma vida. Aos 25 anos, ele já era milionário graças aos seus investimentos em $BTC Bitcoin e ao seu pioneirismo no ecossistema cripto. Sua trajetória é marcada por coragem, visão de futuro e dedicação.
‎Os Primeiros Passos de Jeremy Gardner
‎Jeremy descobriu o Bitcoin em 2013, quando um amigo lhe ofereceu comprar algumas moedas em troca de dinheiro em espécie. Naquela época, o Bitcoin ainda era visto com muito ceticismo, associado a usos obscuros e especulação. Mas Jeremy enxergou além disso: percebeu que a tecnologia blockchain permitiria a qualquer pessoa, em qualquer lugar do mundo, trocar valor sem intermediários como bancos ou governos.
‎Ele investiu suas economias e parte de suas ações em criptomoedas, tornando-se um verdadeiro entusiasta e defensor da tecnologia. Mesmo largando a faculdade duas vezes. 
‎Educação e Inovação: Fundador da Blockchain Education Network e Augur
‎Em 2014, Jeremy cofundou a Blockchain Education Network (BEN), uma organização global que conecta estudantes universitários interessados em #blockchain , com mais de 160 capítulos em 35 países. A BEN se tornou uma plataforma fundamental para educar e fomentar novos talentos no setor, mostrando que o conhecimento é a base para o crescimento sustentável do mercado cripto
‎Além disso, ele cofundou a Augur, uma plataforma descentralizada de mercados de previsão que realizou uma das primeiras ICOs de utilidade no $ETH Ethereum. Essa iniciativa pioneira ajudou a mostrar o potencial das finanças descentralizadas (#defi ) e dos #tokens para criar aplicações inovadoras.
‎Visão de Longo Prazo e Resiliência
‎Ele reconhece que o mercado de criptomoedas é volátil e pode passar por ciclos de alta e baixa, mas acredita que o Bitcoin é o “ouro digital” com potencial para chegar a US$ 300 mil nos próximos 5 a 10 anos. Para ele, cada alta rápida é seguida por uma correção, mas o crescimento sustentável é inevitável
‎Sua trajetória também mostra a importância da resiliência: mesmo tendo largado a faculdade e enfrentado dúvidas, ele persistiu, acumulou patrimônio, e hoje é uma referência global no setor.
‎Para ti!
‎A história de Jeremy Gardner mostra que o mundo das criptomoedas é para aqueles que têm coragem de inovar, aprender e investir no futuro. Se você está começando agora, inspire-se em sua jornada: estude, conecte-se com a comunidade, pense a longo prazo e esteja preparado para os desafios e oportunidades que esse mercado oferece.
‎

#Ripple💰 #RippleStablecoin #CoinbaseExchange. #BinanceSquareFamily
#tokens

Introduction

In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has revised its position regarding the classification of cryptocurrencies, heralding a moment of triumph for crypto supporters. In its amended complaint against Binance, the SEC stated that it does not regard crypto assets themselves as securities. This revelation, though mentioned in a footnote, quickly gained traction among industry leaders, including the Chief Legal Officers (CLOs) of Ripple and Coinbase.

Contents
1. Reactions from Coinbase and Ripple's CLOs
2. Frustration Over SEC’s Inconsistent Regulations
3. The Ripple Case Under Examination

1. Reactions from Coinbase and Ripple's CLOs

Paul Grewal, Coinbase’s Chief Legal Officer, highlighted this crucial update in a series of posts on X (formerly Twitter). He underscored the importance of the SEC’s admission by quoting directly from the amended complaint. Grewal remarked, “‘The SEC regrets any confusion it may have invited’ by falsely and repeatedly stating that tokens themselves are securities.”
He characterized the language in the footnote as “remarkable,” criticizing the agency for its reversal of a long-standing position on crypto regulation. Grewal also noted the potential ramifications this shift could have on ongoing litigation involving other crypto entities, particularly Ripple. He tagged Ripple's CLO, Stuart Alderoty, in his post, suggesting that Alderoty might be surprised by the SEC's latest statement.

2. Frustration Over SEC’s Inconsistent Regulations

Stuart Alderoty responded with a mix of vindication and frustration. Quoting Grewal’s post, he expressed his views on the SEC's contradictory approach to cryptocurrency regulation. Alderoty stated, “So the SEC finally admits that 1/ ‘crypto asset security’ is a made-up term and 2/ to prove a ‘crypto asset security’ is an investment contract, the SEC needs evidence of a bundle of ‘contracts, expectations, and understandings’?”
He went on to criticize the SEC’s ever-evolving stance, labeling the agency as “a twisted pretzel of contradictions.” Alderoty humorously proposed a redesign of the SEC's logo to reflect their complex legal entanglements.

3. The Ripple Case Under Examination

The SEC’s acknowledgment is a relief for many within the cryptocurrency sector, especially following years of what has been termed “regulation by enforcement.” Grewal emphasized this concern, stating, “That SEC absolutely ‘maintained’ that tokens themselves are securities is clear from the long record of their regulation by enforcement campaign. Why mislead...”

Conclusion and Final Thoughts

The SEC's recent admission that crypto tokens are not classified as securities represents a significant pivot in its regulatory stance, eliciting strong reactions from key figures in the industry. As the crypto community digests this announcement, the implications for ongoing litigation and future regulatory frameworks remain to be seen. The contrasting views from Coinbase and Ripple's legal leaders highlight the complexities and challenges faced by the cryptocurrency sector as it navigates an evolving regulatory landscape.

In what CCData reports as a groundbreaking verdict, Judge Torres favored #XRP in its closely watched lawsuit against the U.S. Securities and Exchange Commission (#SEC ).

This decision, as CCData indicates, could usher in a new era for the digital assets industry, specifically regarding the categorization of such assets as securities in the United States.

In a blog post published on 14 July 2023, CCData, a leading provider of institutional-grade real-time market data for digital assets, suggests that:

the ruling brings a renewed sense of optimism to an industry that has been grappling with regulatory actions, creating a potential precedent that may influence ongoing legal cases, restoring confidence in industry participation.

Moreover, CCData predicts it could potentially draw in more liquidity into the ecosystem as market makers encounter less risk in dealing with these assets.

In the aftermath of the court ruling, $XRP ’s price performance escalated to record levels, CCData observes. The #cryptocurrency peaked at $0.93—the highest since May 2021—and closed at $0.82.

Source: TradingView

This #news triggered a dramatic increase in trading activity, with XRP trading pairs on centralized exchanges hitting a total volume of $6.05 billion on the day—an impressive 1351% increase from the previous day.

Source: CCData

Moreover, #tokens such as Solana and Cardano, which have been recently classified as securities, also witnessed significant gains.

Source: CCData

As CCData indicates, the decision to relist XRP on centralized exchanges such as Coinbase, Kraken, and Gemini contributed to the jump in trading volumes.

Despite the legal complications faced by XRP due to the lawsuit, its market-depth liquidity demonstrated resilience throughout the year.

This could be an indicator of the perceived risk of market-making on the XRP pair, which becomes riskier if XRP were deemed a security.

CCData's Orderbook data suggests that the ruling caught most speculators off guard with a vast number of orders within a very tight range around $0.45 before the announcement.

This led to a surge in buy orders, causing the price to rise to $0.95 from $0.60.

From a derivatives perspective, XRP maintained a positive funding rate, which CCData attributes to the broader positive market sentiment.

The event stimulated a significant rise in Open Interest across exchanges, reaching three times higher than its baselinelevel prior to the announcement.

CCData highlights this increase as a demonstration ofthe positive speculation surrounding $XRP .

In conclusion, CCData believes:

this landmark verdict introduces new clarity to the digitalasset market. and that this development could reshape industry trends, potentially boostcoins deemed securities, and challenge $BTC 's market cap dominance.

Furthermore, it says that:

this could prompt a reevaluation of the SEC's regulation by enforcement approach and catalyze industry growth by attracting fresh liquidity and fostering confidence in continued innovation in the digital asset sector.