Binance Square

Digital

511,024 views
400 Discussing
BullRiderPro
--
💡💡How the Crypto Market Structure Actually Works‼️‼️‼️‼️ In today’s #Digital asset landscape, a few major centralized trading platforms dominate global trading volume. These platforms operate both spot and derivatives markets — with the latter playing a much bigger role in short-term price movements. Unlike traditional investing, the derivatives market, particularly perpetual contracts, allows traders to open leveraged positions using borrowed funds while locking in only a portion of the trade as collateral. The daily trading activity in perpetual futures is nearly 80 to 90 times larger than that of spot markets. Due to this massive scale, perpetual contracts largely dictate asset prices across the market. These platforms make revenue by offering high-risk leverage products and partnering with professional liquidity providers (market makers) to generate artificial trading volume and price movements. These same market makers are often used to trigger liquidation cascades — forced closing of trader positions — to amplify volatility and increase platform earnings. The structure is currently under regulatory review. In jurisdictions like the U.S., upcoming regulatory frameworks such as the Clarity Act and Market Structure Reform aim to bring more transparency, restrict market manipulation, and limit the use of excessive leverage. However, it will take time for these laws to be enforced globally, especially in regions where many of these exchanges operate offshore. Until such regulation is fully in place, smart traders should understand how global liquidity trends affect the market on longer timeframes, while on lower timeframes, monitoring key liquidation zones can offer insight into short-term volatility. Much of the market’s movement today is not purely organic but rather manufactured by internal systems designed to manage risk and generate profit. For example, when strong economic or positive crypto news hits the market, many retail traders instinctively open long positions expecting a rally. This gives the exchanges an incentive to push prices down, triggering stop losses and liquidations. The same happens in reverse — if sentiment is overly bearish, the market often spikes upward to flush short positions. It might feel counterintuitive, but recognizing these cycles gives traders an edge. Rather than reacting emotionally, one can plan entries at the low points of these engineered sell-offs — essentially capitalizing on price inefficiencies until structural reforms reshape the market.

💡💡How the Crypto Market Structure Actually Works

‼️‼️‼️‼️
In today’s #Digital asset landscape, a few major centralized trading platforms dominate global trading volume. These platforms operate both spot and derivatives markets — with the latter playing a much bigger role in short-term price movements. Unlike traditional investing, the derivatives market, particularly perpetual contracts, allows traders to open leveraged positions using borrowed funds while locking in only a portion of the trade as collateral.

The daily trading activity in perpetual futures is nearly 80 to 90 times larger than that of spot markets. Due to this massive scale, perpetual contracts largely dictate asset prices across the market. These platforms make revenue by offering high-risk leverage products and partnering with professional liquidity providers (market makers) to generate artificial trading volume and price movements. These same market makers are often used to trigger liquidation cascades — forced closing of trader positions — to amplify volatility and increase platform earnings.

The structure is currently under regulatory review. In jurisdictions like the U.S., upcoming regulatory frameworks such as the Clarity Act and Market Structure Reform aim to bring more transparency, restrict market manipulation, and limit the use of excessive leverage. However, it will take time for these laws to be enforced globally, especially in regions where many of these exchanges operate offshore.

Until such regulation is fully in place, smart traders should understand how global liquidity trends affect the market on longer timeframes, while on lower timeframes, monitoring key liquidation zones can offer insight into short-term volatility. Much of the market’s movement today is not purely organic but rather manufactured by internal systems designed to manage risk and generate profit.

For example, when strong economic or positive crypto news hits the market, many retail traders instinctively open long positions expecting a rally. This gives the exchanges an incentive to push prices down, triggering stop losses and liquidations. The same happens in reverse — if sentiment is overly bearish, the market often spikes upward to flush short positions.

It might feel counterintuitive, but recognizing these cycles gives traders an edge. Rather than reacting emotionally, one can plan entries at the low points of these engineered sell-offs — essentially capitalizing on price inefficiencies until structural reforms reshape the market.
#xrp is a #digital asset native to the XRP Ledger (XRPL) blockchain, designed for fast, secure, and scalable transactions. Its current price is around $2.93 to $3 USD,# with a 24-hour trading volume of approximately $4.68 billion to $7.02 billion. *Key Features:* - *Fast Transactions*:# XRP transactions settle in 3-5 seconds. - *Low Fees*: Transaction fees are fractions of a cent. - *Scalable*: Supports large-scale applications with 1,500 transactions per second. - *Carbon-Neutral*: XRPL is designed to be environmentally friendly. *Market Performance:* - *Market Cap*:# $175.56 billion to $187.05 billion. - *Circulating Supply*: 59.18 billion to 59.31 billion XRP. - *Total Supply*: 100 billion XRP. *Use Cases:* - *Cross-Border Payments*: Enables fast and efficient international transactions. - *Decentralized Exchange (DEX)*: XRPL features a native DEX for exchanging currencies. - *Tokenization*:# Supports tokenization of assets on the XRPL blockchain ¹ ² ³. #maubpk $BTC $XRP
#xrp is a #digital asset native to the XRP Ledger (XRPL) blockchain, designed for fast, secure, and scalable transactions. Its current price is around $2.93 to $3 USD,# with a 24-hour trading volume of approximately $4.68 billion to $7.02 billion.

*Key Features:*

- *Fast Transactions*:# XRP transactions settle in 3-5 seconds.
- *Low Fees*: Transaction fees are fractions of a cent.
- *Scalable*: Supports large-scale applications with 1,500 transactions per second.
- *Carbon-Neutral*: XRPL is designed to be environmentally friendly.

*Market Performance:*

- *Market Cap*:# $175.56 billion to $187.05 billion.
- *Circulating Supply*: 59.18 billion to 59.31 billion XRP.
- *Total Supply*: 100 billion XRP.

*Use Cases:*

- *Cross-Border Payments*: Enables fast and efficient international transactions.
- *Decentralized Exchange (DEX)*: XRPL features a native DEX for exchanging currencies.
- *Tokenization*:# Supports tokenization of assets on the XRPL blockchain ¹ ² ³.
#maubpk $BTC $XRP
See original
How to buy Bitcoin in Pakistan in 2025As Bitcoin gains popularity in Pakistan, more people want to invest—but many are unaware of how hidden costs can significantly reduce their profits. If you are buying Bitcoin in 2025, it's not just about where you buy from, but how much you end up spending in total.

How to buy Bitcoin in Pakistan in 2025

As Bitcoin gains popularity in Pakistan, more people want to invest—but many are unaware of how hidden costs can significantly reduce their profits. If you are buying Bitcoin in 2025, it's not just about where you buy from, but how much you end up spending in total.
Henrietta Domingue yvS9:
Jjjjxfff高规格参数
See original
--
Bullish
The #Evolution of #Money in a #Digital World The concept of money has evolved continuously—from barter and coins to banknotes and credit cards. Now, we stand at the edge of another revolution: cryptocurrencies. Unlike traditional currencies controlled by central banks, cryptocurrencies are decentralized and exist only in digital form. Powered by blockchain, crypto allows instant, borderless transfers and offers anyone with internet access a chance to participate in the global economy. As you explore #Bitcoin ,#Ethereum and other coins, think of crypto as money for the internet age—open, programmable, and constantly evolving. $BTC $ETH $XRP
The #Evolution of #Money in a #Digital World
The concept of money has evolved continuously—from barter and coins to banknotes and credit cards. Now, we stand at the edge of another revolution: cryptocurrencies. Unlike traditional currencies controlled by central banks, cryptocurrencies are decentralized and exist only in digital form. Powered by blockchain, crypto allows instant, borderless transfers and offers anyone with internet access a chance to participate in the global economy. As you explore #Bitcoin ,#Ethereum and other coins, think of crypto as money for the internet age—open, programmable, and constantly evolving.

$BTC $ETH $XRP
S
CFXUSDT
Closed
PNL
+0.13USDT
$ASR Gives good opportunity to profit by trading.. #Digital Currency Analysis
$ASR Gives good opportunity to profit by trading..
#Digital Currency Analysis
ASR/USDT
CryptoBatz NFTs Skyrocket 400% After Ozzy Osbourne’s Passing: A Digital Tribute Turns ViralKey Takeaways CryptoBatz NFT floor price surged over 400% within hours of Ozzy Osbourne’s death announcement.Trading volume exploded by 100,000%, reaching $281,200 in just 24 hours.The spike signals renewed interest in celebrity-linked digital collectibles and a potential NFT market rebound. The sudden passing of rock legend Ozzy Osbourne at age 76 has triggered a dramatic reaction in the NFT space. Fans and collectors rushed to own a piece of his digital legacy, causing a massive spike in demand for his CryptoBatz NFT collection. Launched in December 2021, the collection features 9,666 bat-themed tokens inspired by Osbourne’s infamous 1982 bat-biting moment. Within hours of the news, the floor price jumped from under 0.02 $ETH to a peak of 0.1069 ETH, marking a 400% increase. Trading Frenzy and Market Signals The surge wasn’t limited to price alone. According to DappRadar, CryptoBatz trading volume soared by 100,000%, hitting $281,200 in a single day. This accounted for nearly 80% of the collection’s total market cap, with over 700 trades executed by buyers and sellers. While the spike hasn’t matched the collection’s launch highs in early 2022, it has reignited interest in celebrity-driven NFTs and sparked speculation about a broader market revival. Emotional Value Meets Digital Scarcity This event highlights the growing influence of emotional investment in NFT markets. The “death effect”, where collectibles tied to deceased icons surge in value, is now playing out in the digital realm. As fans seek to preserve Osbourne’s legacy, CryptoBatz has become more than just a token, it’s a tribute. Whether this momentum sustains or fades will depend on continued community engagement and the evolving role of NFTs in cultural storytelling. #NFT​ #Digital

CryptoBatz NFTs Skyrocket 400% After Ozzy Osbourne’s Passing: A Digital Tribute Turns Viral

Key Takeaways
CryptoBatz NFT floor price surged over 400% within hours of Ozzy Osbourne’s death announcement.Trading volume exploded by 100,000%, reaching $281,200 in just 24 hours.The spike signals renewed interest in celebrity-linked digital collectibles and a potential NFT market rebound.
The sudden passing of rock legend Ozzy Osbourne at age 76 has triggered a dramatic reaction in the NFT space. Fans and collectors rushed to own a piece of his digital legacy, causing a massive spike in demand for his CryptoBatz NFT collection. Launched in December 2021, the collection features 9,666 bat-themed tokens inspired by Osbourne’s infamous 1982 bat-biting moment. Within hours of the news, the floor price jumped from under 0.02 $ETH to a peak of 0.1069 ETH, marking a 400% increase.
Trading Frenzy and Market Signals
The surge wasn’t limited to price alone. According to DappRadar, CryptoBatz trading volume soared by 100,000%, hitting $281,200 in a single day. This accounted for nearly 80% of the collection’s total market cap, with over 700 trades executed by buyers and sellers. While the spike hasn’t matched the collection’s launch highs in early 2022, it has reignited interest in celebrity-driven NFTs and sparked speculation about a broader market revival.
Emotional Value Meets Digital Scarcity
This event highlights the growing influence of emotional investment in NFT markets. The “death effect”, where collectibles tied to deceased icons surge in value, is now playing out in the digital realm. As fans seek to preserve Osbourne’s legacy, CryptoBatz has become more than just a token, it’s a tribute. Whether this momentum sustains or fades will depend on continued community engagement and the evolving role of NFTs in cultural storytelling.
#NFT​ #Digital
SEC Chair confirms first-ever U.S. government stamp of approval on a key #digital asset, signaling a breakthrough moment for #blockchain adoption in mainstream financial infrastructure.
SEC Chair confirms first-ever U.S. government stamp of approval on a key #digital asset, signaling a breakthrough moment for #blockchain adoption in mainstream financial infrastructure.
Bitcoin dominance falls below 50% as Trump touts cryptocurrency reserve planThe Trump administration's decision not to create a bitcoin reserve has surprised some, including bitcoin critic Peter Schiff. I understand the implications of creating a #bitcoin reserve, Schiff wrote. I don't agree with him, but I understand. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create bitcoin reserves as well. But what is the point of the XRP reserve? Why do we need it? Meanwhile, Jeff Park, head of alpha strategy at Bitwise, said that Trump's underestimation of how important it is to have a bitcoin-only strategic reserve is a huge political miscalculation. the only crypto asset that makes logical sense to use as part of the country's strategic reserve is bitcoin. Nick Neumann, CEO of Casa An endless amount of #digital assets, especially with zero utility, is not fit for purpose. Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, also believes that cryptocurrencies' strategic reserves are naturally bitcoin-only because #altcoins have zero utility relative to bitcoin. LINE_ BREAK The strategic cryptocurrency reserve was announced after weeks of work by the president's newly formed Digital Assets Working Group, led by Executive Director Bo Hinds and David Sachs, who oversees artificial intelligence and #cryptocurrencies at the White House. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #FinTechInnovations

Bitcoin dominance falls below 50% as Trump touts cryptocurrency reserve plan

The Trump administration's decision not to create a bitcoin reserve has surprised some, including bitcoin critic Peter Schiff.

I understand the implications of creating a #bitcoin reserve, Schiff wrote. I don't agree with him, but I understand. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create bitcoin reserves as well.
But what is the point of the XRP reserve? Why do we need it?
Meanwhile, Jeff Park, head of alpha strategy at Bitwise, said that Trump's underestimation of how important it is to have a bitcoin-only strategic reserve is a huge political miscalculation.
the only crypto asset that makes logical sense to use as part of the country's strategic reserve is bitcoin.
Nick Neumann, CEO of Casa
An endless amount of #digital assets, especially with zero utility, is not fit for purpose.
Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, also believes that cryptocurrencies' strategic reserves are naturally bitcoin-only because #altcoins have zero utility relative to bitcoin. LINE_ BREAK The strategic cryptocurrency reserve was announced after weeks of work by the president's newly formed Digital Assets Working Group, led by Executive Director Bo Hinds and David Sachs, who oversees artificial intelligence and #cryptocurrencies at the White House.
Read us at: Compass Investments
#FinTechInnovations
XRP risks falling 20% despite Trump's executive order on cryptocurrenciesXRP investors have made more than $500 million in the past 48 hours. Short-term holders are responsible for much of the selling after the CME announced #XRP futures. XRP could fall nearly 20% to $2.62 as bulls show signs of exhaustion. Potential. Ripple's XRP fell 3% in early trading on Friday as blockchain and technical indicators show bulls are losing momentum XRP fell 3% in early trading on Friday as U. S. President Donald Trump signed the Presidential Task Force on #Digital Assets. Despite the positive developments surrounding the signing of the executive order creating the Presidential Task Force on Digital Assets, the cryptocurrency showed no signs of recovery. According to Eleanor Terrett of Fox Business, the Chicago Mercantile Exchange (CME) has not decided to launch a futures contract on XRP. This disappointment could be the reason for the market weakness. the news caused a wave of negative sentiment in the XRP community, which was waiting for the launch to confirm the possible approval of the Securities and Exchange Commission (SEC) XRP ETF. as a result, the #token has continued to strengthen, and in the last 48 hours investors have made a profit of $ 500 million. Realized gains were driven by potential selling activity from short-term holders, as evidenced by small jumps in turnover over 90, 180 and 365 days of hibernation. additionally, XRP's open interest (OI) growth has stalled over the past few days, reaching up to 2.14 billion XRP from an all-time high of 2.34 billion XRP. Open interest is the total number of open contracts in the derivatives market; a decline in OI indicates that traders are closing positions. Despite the decline in OI, XRP bulls still dominate the spot market after net outflows increased on #Binance and Kraken last week. dominate the spot market. dominate the spot market. However, Coinbase and Bitstamp saw inflows. According to Coinglass, $ 10. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments)

XRP risks falling 20% despite Trump's executive order on cryptocurrencies

XRP investors have made more than $500 million in the past 48 hours.

Short-term holders are responsible for much of the selling after the CME announced #XRP futures.
XRP could fall nearly 20% to $2.62 as bulls show signs of exhaustion. Potential. Ripple's
XRP fell 3% in early trading on Friday as blockchain and technical indicators show bulls are losing momentum
XRP fell 3% in early trading on Friday as U. S. President Donald Trump signed the Presidential Task Force on #Digital Assets. Despite the positive developments surrounding the signing of the executive order creating the Presidential Task Force on Digital Assets, the cryptocurrency showed no signs of recovery.
According to Eleanor Terrett of Fox Business, the Chicago Mercantile Exchange (CME) has not decided to launch a futures contract on XRP. This disappointment could be the reason for the market weakness.
the news caused a wave of negative sentiment in the XRP community, which was waiting for the launch to confirm the possible approval of the Securities and Exchange Commission (SEC) XRP ETF.
as a result, the #token has continued to strengthen, and in the last 48 hours investors have made a profit of $ 500 million.
Realized gains were driven by potential selling activity from short-term holders, as evidenced by small jumps in turnover over 90, 180 and 365 days of hibernation.
additionally, XRP's open interest (OI) growth has stalled over the past few days, reaching up to 2.14 billion XRP from an all-time high of 2.34 billion XRP. Open interest is the total number of open contracts in the derivatives market; a decline in OI indicates that traders are closing positions.
Despite the decline in OI, XRP bulls still dominate the spot market after net outflows increased on #Binance and Kraken last week. dominate the spot market. dominate the spot market. However, Coinbase and Bitstamp saw inflows.

According to Coinglass, $ 10.

Read us at: Compass Investments
FairShake Super PAC raises $116 million to influence the 2026 U.S. midterm elections.Share:Procryptocurrency super fund Fairshake has raised $116 million to influence the 2026 U.S. midterm elections; several major backers including a16z, Coinbase and Ripple have increased their support. pro-cryptocurrency super fund Fairshake, has raised $116 million to influence the 2026 U. S. midterm elections in the U. S. ; several major backers including a16z, #Coinbase and #Ripple have increased their contributions, strengthening Fairshake's financial strength. Which Senate race will be the group's most important target? It's still unclear, but the political landscape is changing. After the defeat of Kamala Harris in favor of cryptocurrencies, anti-industry sentiment in Congress has greatly diminished, but opposition still remains. Fairshake, known for its massive campaign spending, is preparing for the upcoming midterm elections. According to CNBC, the PAC is gearing up for the November presidential election. It began accumulating funds shortly after Donald Trump's victory; A16z immediately donated $25 million, bringing the total to $103 million. Fairshake is expected to invest heavily because election campaigns can cost a lot of money. During the 2024 election cycle, the PAC spent about $180 million to influence the election. The midterm elections are expected to be just as competitive, so the military buildup is crucial. In addition to supporting Trump, FairShake also plays a role in supporting candidates not on the ballot, such as Bernie Moreno. In a statement, the organization reiterated that it supports candidates who promote innovation, economic growth and balanced regulation. Previous donors, including Coinbase, have doubled their funding, and companies like Ripple and Uniswap have provided new funds. But which of the candidates will Fairshake compete with? The crypto industry is currently in a strong position in US elections. In the last election, Kamala Harris was hesitant to accept #digital assets, but ended up positioning herself as a pro-cryptocurrency candidate. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #CryptoUpdates #news

FairShake Super PAC raises $116 million to influence the 2026 U.S. midterm elections.

Share:Procryptocurrency super fund Fairshake has raised $116 million to influence the 2026 U.S. midterm elections; several major backers including a16z, Coinbase and Ripple have increased their support.

pro-cryptocurrency super fund Fairshake, has raised $116 million to influence the 2026 U. S. midterm elections in the U. S. ; several major backers including a16z, #Coinbase and #Ripple have increased their contributions, strengthening Fairshake's financial strength.
Which Senate race will be the group's most important target? It's still unclear, but the political landscape is changing. After the defeat of Kamala Harris in favor of cryptocurrencies, anti-industry sentiment in Congress has greatly diminished, but opposition still remains.
Fairshake, known for its massive campaign spending, is preparing for the upcoming midterm elections. According to CNBC, the PAC is gearing up for the November presidential election. It began accumulating funds shortly after Donald Trump's victory; A16z immediately donated $25 million, bringing the total to $103 million.
Fairshake is expected to invest heavily because election campaigns can cost a lot of money. During the 2024 election cycle, the PAC spent about $180 million to influence the election. The midterm elections are expected to be just as competitive, so the military buildup is crucial.
In addition to supporting Trump, FairShake also plays a role in supporting candidates not on the ballot, such as Bernie Moreno. In a statement, the organization reiterated that it supports candidates who promote innovation, economic growth and balanced regulation.
Previous donors, including Coinbase, have doubled their funding, and companies like Ripple and Uniswap have provided new funds. But which of the candidates will Fairshake compete with?
The crypto industry is currently in a strong position in US elections. In the last election, Kamala Harris was hesitant to accept #digital assets, but ended up positioning herself as a pro-cryptocurrency candidate.

Read us at: Compass Investments
#CryptoUpdates #news
Lawmakers advance key cryptocurrency hearingsOn Capitol Hill, legislative debate is intensifying on two key cryptocurrency bills. On Wednesday, the Senate Banking, Housing and Urban Affairs Committee will examine a bipartisan legislative framework for #digital assets. March 5, the House Financial Services Committee will hear testimony on Stablecoin and On Tuesday, White House Director of Artificial Intelligence and #Cryptocurrencies David Sachs held his first press conference on cryptocurrencies, outlining legislative priorities, the first time the Trump administration will look to regulate the industry. The key steps are a market structure bill and a comprehensive stable coin bill. At the event, which was attended by key House and Senate leaders, Senate Banking Committee Chairman Tim Scott (Republican) announced his intention to bring both key #cryptocurrency bills to a vote in the Senate before the end of the president's term. Last year, there was a bipartisan call for a cryptocurrency bill in Congress, but in 2024. earlier this month, Senator Tim Scott (Republican), chairman of the Senate Banking Committee, tried to fulfill a campaign promise related to the digital asset industry during the 100 days of President Donald Trump's cryptocurrency-friendly administration, and among others involved in pushing for a cryptocurrency bill, promised to pass a bill on the structure of the stablecoin market and regulatory framework. the Financial Innovation and Technology for the 21st Century Act (FIT21) was passed by the House of Representatives last year. However, as the new Congress begins its work, this market structure bill must be approved again by House members before it moves to the Senate. Meanwhile, the GENIUS Act, which gives issuers of stable coins, including #Tether and Circle, a federal path to legalization in the U. S. , is gaining momentum. CBDCs are similar to stable coins as assets tied to the price of fiat currencies such as the U. S. dollar. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #CryptoUpdates

Lawmakers advance key cryptocurrency hearings

On Capitol Hill, legislative debate is intensifying on two key cryptocurrency bills.

On Wednesday, the Senate Banking, Housing and Urban Affairs Committee will examine a bipartisan legislative framework for #digital assets.
March 5, the House Financial Services Committee will hear testimony on Stablecoin and
On Tuesday, White House Director of Artificial Intelligence and #Cryptocurrencies David Sachs held his first press conference on cryptocurrencies, outlining legislative priorities, the first time the Trump administration will look to regulate the industry. The key steps are a market structure bill and a comprehensive stable coin bill. At the event, which was attended by key House and Senate leaders, Senate Banking Committee Chairman Tim Scott (Republican) announced his intention to bring both key #cryptocurrency bills to a vote in the Senate before the end of the president's term.
Last year, there was a bipartisan call for a cryptocurrency bill in Congress, but in 2024.
earlier this month, Senator Tim Scott (Republican), chairman of the Senate Banking Committee, tried to fulfill a campaign promise related to the digital asset industry during the 100 days of President Donald Trump's cryptocurrency-friendly administration, and among others involved in pushing for a cryptocurrency bill, promised to pass a bill on the structure of the stablecoin market and regulatory framework.
the Financial Innovation and Technology for the 21st Century Act (FIT21) was passed by the House of Representatives last year. However, as the new Congress begins its work, this market structure bill must be approved again by House members before it moves to the Senate.
Meanwhile, the GENIUS Act, which gives issuers of stable coins, including #Tether and Circle, a federal path to legalization in the U. S. , is gaining momentum.
CBDCs are similar to stable coins as assets tied to the price of fiat currencies such as the U. S. dollar.

Read us at: Compass Investments
#CryptoUpdates
#Digital Currency: Important news update from Pakistan. Government is serious about digital currency regulations.
#Digital Currency: Important news update from Pakistan. Government is serious about digital currency regulations.
FDIC Asked Banks to Suspend Cryptocurrency Activity - Court DocumentsCourt documents filed as part of a Freedom of Information Act (FOIA) lawsuit against the U.S. Federal Deposit Insurance Corporation (FDIC) show that U.S. regulators have suspended cryptocurrency activity at some financial institutions. In a lawsuit filed in the U. S. District Court for the District of Columbia on March 12-6, the court published a "notice of suspension" sent by fdic officials to the boards of various U. S. banks whose names were redacted. According to the letter, sent in 2022, the FDIC asked the agency to "cease all activities related to cryptoassets" due to uncertain regulation of #digital assets. Fdic will notify all banks supervised by fdic at a later date when a decision has been made regarding the supervisor's expectations for engaging in cryptoasset-related activities, including the need for regulatory filings. court documents were part of a FOIA lawsuit filed by History Associates on May 6. #Cryptocurrency exchange #Coinbase , which is also involved in an enforcement lawsuit filed by the SEC, hired the company to send FOIA requests to the FDIC in connection with the cryptocurrency company's application for a bankruptcy stay. The request was denied, leading to litigation. Conspiracy theories or evidence of U. S. government policy? In other letters released on Dec. 6, the bank was informed that it may need to provide information before providing additional services. Much of the text has been redacted, but some of the FDIC emails indicate that financial institutions are considering cryptocurrency-related activities. These emails show that the work of Chokepoint 2.0 was not just a cryptocurrency conspiracy theory, Coinbase General Counsel Paul Grewal said in the Dec. 6 release. The FDIC is still hiding behind overly broad restrictions. Operation Chokepoint 2.0 is a colloquial term used by many in the industry to refer to the U. S. government pressuring banks to cut ties with cryptocurrency companies. Brian Armstrong, CEO of Coinbase, said at 11:27 a. m. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

FDIC Asked Banks to Suspend Cryptocurrency Activity - Court Documents

Court documents filed as part of a Freedom of Information Act (FOIA) lawsuit against the U.S. Federal Deposit Insurance Corporation (FDIC) show that U.S. regulators have suspended cryptocurrency activity at some financial institutions.

In a lawsuit filed in the U. S. District Court for the District of Columbia on March 12-6, the court published a "notice of suspension" sent by fdic officials to the boards of various U. S. banks whose names were redacted.
According to the letter, sent in 2022, the FDIC asked the agency to "cease all activities related to cryptoassets" due to uncertain regulation of #digital assets.
Fdic will notify all banks supervised by fdic at a later date when a decision has been made regarding the supervisor's expectations for engaging in cryptoasset-related activities, including the need for regulatory filings.
court documents were part of a FOIA lawsuit filed by History Associates on May 6. #Cryptocurrency exchange #Coinbase , which is also involved in an enforcement lawsuit filed by the SEC, hired the company to send FOIA requests to the FDIC in connection with the cryptocurrency company's application for a bankruptcy stay. The request was denied, leading to litigation.
Conspiracy theories or evidence of U. S. government policy?
In other letters released on Dec. 6, the bank was informed that it may need to provide information before providing additional services. Much of the text has been redacted, but some of the FDIC emails indicate that financial institutions are considering cryptocurrency-related activities.
These emails show that the work of Chokepoint 2.0 was not just a cryptocurrency conspiracy theory, Coinbase General Counsel Paul Grewal said in the Dec. 6 release. The FDIC is still hiding behind overly broad restrictions.
Operation Chokepoint 2.0 is a colloquial term used by many in the industry to refer to the U. S. government pressuring banks to cut ties with cryptocurrency companies.

Brian Armstrong, CEO of Coinbase, said at 11:27 a. m.
Read us at: Compass Investments
House Oversight Committee investigates FDIC: Was Biden's cryptocurrency policy unfair to banks?Permanent link to this post: the House Oversight and Government Reform Committee wants to investigate the FDIC's debanking practices under the previous administration. Chairman Comey released the agency's uncut records to investigate these cases. Custodia Bank CEO Caitlin Long says President Trump has done nothing to address the problem of debanking. The House Committee on Oversight and Government Reform is investigating the actions of the Federal Deposit Insurance Corporation (FDIC) under the previous administration. The focus of this investigation is whether financial institutions were forced to shun #digital assets. The focus of this investigation is whether financial institutions were forced to shun digital assets, which could stifle innovation and limit access to banking services for people and businesses. The new acting FDIC chairman, Travis Hill, said that under President Biden, the agency was concerned about banks' attempts to offer #cryptocurrency services. He expressed concern about the antagonism. One possible reason was reports that some companies and individuals were allegedly forced into bankruptcy because of their alleged involvement in #cryptocurrencies , and he warned of perceived overreach by the regulator. In early February, the FDIC released a redacted version of a document about its interactions with banks that had been released to the public. Sixty-four documents reveal correspondence with 24 banks that received suspension letters, while 111 documents show records of correspondence with the FDIC and cryptocurrency-related activities of other regulated institutions. However, House Oversight and Government Reform Committee Chairman James Comer argues that full disclosure of the documents is necessary to better understand the situation. He has already requested access to uncensored FDIC documents to understand why the FDIC ordered banks to refrain from cryptocurrency projects. He also asked them to share their experiences with the FDIC. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #BlockchainFuture #TrendingTopic

House Oversight Committee investigates FDIC: Was Biden's cryptocurrency policy unfair to banks?

Permanent link to this post: the House Oversight and Government Reform Committee wants to investigate the FDIC's debanking practices under the previous administration.

Chairman Comey released the agency's uncut records to investigate these cases.
Custodia Bank CEO Caitlin Long says President Trump has done nothing to address the problem of debanking.
The House Committee on Oversight and Government Reform is investigating the actions of the Federal Deposit Insurance Corporation (FDIC) under the previous administration.
The focus of this investigation is whether financial institutions were forced to shun #digital assets.
The focus of this investigation is whether financial institutions were forced to shun digital assets, which could stifle innovation and limit access to banking services for people and businesses.
The new acting FDIC chairman, Travis Hill, said that under President Biden, the agency was concerned about banks' attempts to offer #cryptocurrency services. He expressed concern about the antagonism. One possible reason was reports that some companies and individuals were allegedly forced into bankruptcy because of their alleged involvement in #cryptocurrencies , and he warned of perceived overreach by the regulator.
In early February, the FDIC released a redacted version of a document about its interactions with banks that had been released to the public. Sixty-four documents reveal correspondence with 24 banks that received suspension letters, while 111 documents show records of correspondence with the FDIC and cryptocurrency-related activities of other regulated institutions.
However, House Oversight and Government Reform Committee Chairman James Comer argues that full disclosure of the documents is necessary to better understand the situation. He has already requested access to uncensored FDIC documents to understand why the FDIC ordered banks to refrain from cryptocurrency projects.

He also asked them to share their experiences with the FDIC.

Read us at: Compass Investments
#BlockchainFuture #TrendingTopic
There are concerns that other cryptocurrencies could be included.Bitcoinmaxists REALLY have a hard time accepting the phrase digital assets, writes Travis Kling, chief investment officer at Ikigai Asset Management, on X website. President Trump's Jan. 23 executive order directs the task force to study and propose a stockpile of #cryptocurrencies that may be derived from cryptocurrencies that the federal government directs the task force to study and propose a stockpile of cryptocurrencies that may be derived from cryptocurrencies lawfully seized as part of the Department of Justice's law enforcement operations. During his campaign at a #Bitcoin conference in Nashville in July, Trump seized more than $20 billion or more in BTC from the DOJ and promised to create a strategic national bitcoin reserve. Dennis Porter, CEO of bitcoin-focused Satoshi Action Fund, said the working group used the term #digital assets because it is technologically neutral and to Technologically neutral terms like 'digital assets' are a proven and effective way to achieve the ultimate goal of making the U. S. the world's largest holder of bitcoin, he added. However, Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, said there was no ambiguity in the wording of the regulation. He also said that Ripple Labs was the biggest obstacle to the adoption of the bitcoin-only provision and accused the company of actively lobbying against the regulation so it could claim CBDCs created on their platform. Ripple CEO Brad Garlinghouse responded by saying the company's efforts were "not aligned with (bitcoin He said he believes the company's efforts "actually increase the potential of the #cryptocurrency strategic reserve (including bitcoin). and millions of dollars in various altcoins. the largest holding is 198,100 BTC, worth $20.4 billion and accounting for nearly 98% of cryptocurrency holdings. Trump. FOX Business reporter Eleanor Terrett told Sachs that: ' Asked about the cryptocurrency apa, Sachs said: "We are going to evaluate it. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #news

There are concerns that other cryptocurrencies could be included.

Bitcoinmaxists REALLY have a hard time accepting the phrase digital assets, writes Travis Kling, chief investment officer at Ikigai Asset Management, on X website.

President Trump's Jan. 23 executive order directs the task force to study and propose a stockpile of #cryptocurrencies that may be derived from cryptocurrencies that the federal government directs the task force to study and propose a stockpile of cryptocurrencies that may be derived from cryptocurrencies lawfully seized as part of the Department of Justice's law enforcement operations.
During his campaign at a #Bitcoin conference in Nashville in July, Trump seized more than $20 billion or more in BTC from the DOJ and promised to create a strategic national bitcoin reserve.
Dennis Porter, CEO of bitcoin-focused Satoshi Action Fund, said the working group used the term #digital assets because it is technologically neutral and to
Technologically neutral terms like 'digital assets' are a proven and effective way to achieve the ultimate goal of making the U. S. the world's largest holder of bitcoin, he added. However, Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, said there was no ambiguity in the wording of the regulation.
He also said that Ripple Labs was the biggest obstacle to the adoption of the bitcoin-only provision and accused the company of actively lobbying against the regulation so it could claim CBDCs created on their platform.
Ripple CEO Brad Garlinghouse responded by saying the company's efforts were "not aligned with (bitcoin He said he believes the company's efforts "actually increase the potential of the #cryptocurrency strategic reserve (including bitcoin).
and millions of dollars in various altcoins.
the largest holding is 198,100 BTC, worth $20.4 billion and accounting for nearly 98% of cryptocurrency holdings.
Trump.
FOX Business reporter Eleanor Terrett told Sachs that: ' Asked about the cryptocurrency apa, Sachs said: "We are going to evaluate it.

Read us at: Compass Investments
#news
Trump's Cryptocurrency Summit: key industry leaders invited, others excludedThe guest list for the White House Crypto Summit has been released, and prominent industry leaders are among them. The list continues to grow as the event approaches, drawing attention to the administration's approach to discussing digital assets. : As of this morning, official invitations to Friday's White House Crypto Summit had not yet been sent out. two people close to the process Sources say the invite list is smaller than previously expected and will include industry heavyweights such as @saylorthe Crypto Summit will be held at the White House in a roundtable format with key members of the President's #Digital Assets Working Group. Due to this structured setting, the number of industry representatives invited will be more limited. Terrett said that the executive director of the President's Digital Asset Advisory Committee, Bo Hynes, and the head of the White House Office of Artificial Intelligence and #Cryptocurrency The list of cryptocurrency executives and government officials whose participation has been confirmed so far is as follows. I've said it before - the crypto industry will achieve our goals (and more) IF WE WORK UNITED. I appreciate cryptocurrency president @realDonaldTrump's vision of a government stockpile of digital assets representing reflation. The summit plans are subject to change, and final details are reportedly still being finalized in the days leading up to the cryptocurrency summit. { won't there be a cryptocurrency summit? Despite the growing list of prominent cryptocurrency leaders who will attend the event, several key figures have yet to confirm their participation. Among them are Cardano founder Charles Hoskinson, #Solana founder Anatoly Yakovenko and #Ethereum co-founder Vitalik Buterin, but it is still unclear whether they have received invitations or have simply not confirmed their participation. additionally, Teret has also been invited to the roundtable. For those who were not invited, an invitation-only reception will be held outside the White House, the report said. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #CompassInvestments

Trump's Cryptocurrency Summit: key industry leaders invited, others excluded

The guest list for the White House Crypto Summit has been released, and prominent industry leaders are among them. The list continues to grow as the event approaches, drawing attention to the administration's approach to discussing digital assets.

: As of this morning, official invitations to Friday's White House Crypto Summit had not yet been sent out.
two people close to the process Sources say the invite list is smaller than previously expected and will include industry heavyweights such as @saylorthe Crypto Summit will be held at the White House in a roundtable format with key members of the President's #Digital Assets Working Group. Due to this structured setting, the number of industry representatives invited will be more limited.
Terrett said that the executive director of the President's Digital Asset Advisory Committee, Bo Hynes, and the head of the White House Office of Artificial Intelligence and #Cryptocurrency The list of cryptocurrency executives and government officials whose participation has been confirmed so far is as follows.
I've said it before - the crypto industry will achieve our goals (and more) IF WE WORK UNITED. I appreciate cryptocurrency president @realDonaldTrump's vision of a government stockpile of digital assets representing reflation.
The summit plans are subject to change, and final details are reportedly still being finalized in the days leading up to the cryptocurrency summit. {
won't there be a cryptocurrency summit?
Despite the growing list of prominent cryptocurrency leaders who will attend the event, several key figures have yet to confirm their participation. Among them are Cardano founder Charles Hoskinson, #Solana founder Anatoly Yakovenko and #Ethereum co-founder Vitalik Buterin, but it is still unclear whether they have received invitations or have simply not confirmed their participation.
additionally, Teret has also been invited to the roundtable. For those who were not invited, an invitation-only reception will be held outside the White House, the report said.
Read us at: Compass Investments
#CompassInvestments
Treasurer picks Galaxy Digital's Tyler W. as crypto advisor.Permanent link to this article:U.S. Treasury Secretary Scott Bessent has reportedly appointed Galaxy Digital's Tyler Williams as Digital Asset and Blockchain Policy Advisor. He is currently the head of regulatory and legislative affairs and regulatory counsel at Galaxy. Williams, who previously served as Assistant Secretary of the U. S. Treasury. Bessent's move reaffirms the Trump administration's commitment to creating a favorable environment to promote the growth of #digital assets domestically. U. S. Treasury Secretary Scott Bessent has reportedly appointed Tyler Williams, head of regulatory and legislative affairs and regulatory counsel at Galaxy Digital, as a consultant on digital assets and blockchain policy. Williams previously served as Assistant Secretary of the Treasury under Steven Mnuchin. the new Treasury advisor also worked on financial regulatory issues in the House and Senate under Senator Thom Tillis, Congressman John Boehner and Congressman Robert Hart, respectively. Williams earned a bachelor's degree in economics from Kenyon College and a law degree from George Washington University Law School, where he is also an adjunct professor. Williams is part of a U. S. government department authorized by the president to study a comprehensive regulatory framework for #cryptocurrencies , He will work hand-in-hand with Bessent. In his executive order on improving digital asset technology, President Trump announced that the Treasury Department will work with a cryptocurrency-focused working group to clarify rules for regulating digital assets. President Trump also directed the Treasury Department to prevent the use of cryptocurrencies for illegal activities, balance #cryptocurrency regulation, and ensure national security in the use of cryptocurrencies. Bessent's views on digital assets as a means to achieve financial freedom were He reiterated and reaffirmed a position he expressed in an interview with Grabian in July 2024. Read us at: [Compass Investments](https://www.binance.com/en/square/profile/compass_investments) #TokenEconomy #CryptoMarketTrends

Treasurer picks Galaxy Digital's Tyler W. as crypto advisor.

Permanent link to this article:U.S. Treasury Secretary Scott Bessent has reportedly appointed Galaxy Digital's Tyler Williams as Digital Asset and Blockchain Policy Advisor.

He is currently the head of regulatory and legislative affairs and regulatory counsel at Galaxy. Williams, who previously served as Assistant Secretary of the U. S. Treasury.
Bessent's move reaffirms the Trump administration's commitment to creating a favorable environment to promote the growth of #digital assets domestically.
U. S. Treasury Secretary Scott Bessent has reportedly appointed Tyler Williams, head of regulatory and legislative affairs and regulatory counsel at Galaxy Digital, as a consultant on digital assets and blockchain policy. Williams previously served as Assistant Secretary of the Treasury under Steven Mnuchin.
the new Treasury advisor also worked on financial regulatory issues in the House and Senate under Senator Thom Tillis, Congressman John Boehner and Congressman Robert Hart, respectively. Williams earned a bachelor's degree in economics from Kenyon College and a law degree from George Washington University Law School, where he is also an adjunct professor.
Williams is part of a U. S. government department authorized by the president to study a comprehensive regulatory framework for #cryptocurrencies , He will work hand-in-hand with Bessent. In his executive order on improving digital asset technology, President Trump announced that the Treasury Department will work with a cryptocurrency-focused working group to clarify rules for regulating digital assets. President Trump also directed the Treasury Department to prevent the use of cryptocurrencies for illegal activities, balance #cryptocurrency regulation, and ensure national security in the use of cryptocurrencies.
Bessent's views on digital assets as a means to achieve financial freedom were He reiterated and reaffirmed a position he expressed in an interview with Grabian in July 2024.

Read us at: Compass Investments
#TokenEconomy #CryptoMarketTrends
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number