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IN THE CRYPTO WORLD: GREEN LIGHT FROM THE SEC FOR STAKING!
#MarketPullback #elg #escoin #xrp
The U.S. Securities and Exchange Commission (SEC) made a historic move in the cryptocurrency market by announcing that staking activities on proof-of-stake (PoS) based blockchain networks are not considered securities. This decision eliminates the requirement for platforms providing staking services and investors to register with the SEC. This development is seen as a significant deviation from the tendency during the tenure of former SEC Chairman Gary Gensler to view staking as an investment contract (CCN.com, 2025).
In a statement from the SEC's Division of Corporate Finance, it was noted that staking activities were examined within the framework of the "Howey Test" and that these activities do not fall under the category of financial instruments, particularly for "collateralized crypto assets" (SEC.gov, 2025). The Howey Test is a four-pronged test used to determine whether a transaction qualifies as a security: an investment of money, a common enterprise, an expectation of profits, and the profits coming from the efforts of others (FindLaw, n.d.). The SEC stated that protocol staking activities are of an administrative or bureaucratic nature, do not involve entrepreneurial or managerial efforts, and therefore do not meet the last element of the Howey Test (Bitcoin.com News, 2025).
#MarketPullback #elg #escoin #xrp
The U.S. Securities and Exchange Commission (SEC) made a historic move in the cryptocurrency market by announcing that staking activities on proof-of-stake (PoS) based blockchain networks are not considered securities. This decision eliminates the requirement for platforms providing staking services and investors to register with the SEC. This development is seen as a significant deviation from the tendency during the tenure of former SEC Chairman Gary Gensler to view staking as an investment contract (CCN.com, 2025).
In a statement from the SEC's Division of Corporate Finance, it was noted that staking activities were examined within the framework of the "Howey Test" and that these activities do not fall under the category of financial instruments, particularly for "collateralized crypto assets" (SEC.gov, 2025). The Howey Test is a four-pronged test used to determine whether a transaction qualifies as a security: an investment of money, a common enterprise, an expectation of profits, and the profits coming from the efforts of others (FindLaw, n.d.). The SEC stated that protocol staking activities are of an administrative or bureaucratic nature, do not involve entrepreneurial or managerial efforts, and therefore do not meet the last element of the Howey Test (Bitcoin.com News, 2025).
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PEPE COIN: THE LATEST STATUS AND FUTURE OF THE MEME CRAZE ON BINANCE
#pepe #elg
Pepe Coin ($PEPE ), inspired by internet memes and rapidly gaining popularity, has established a solid place on major exchanges like Binance. With its launch in 2023, it has experienced remarkable price increases, particularly attracting the interest of retail investors. This rise is considered part of the overall speculative wind in the "meme coin" category.
Discussions related to $PEPE continue intensely on Binance Square and other crypto news platforms.
Price fluctuations, the strength of the "hodler" community, and potential listing news are at the forefront of investors' minds. Some analysts suggest that the community-focused structure of $PEPE and its strong brand recognition could help maintain its position in the market (CoinDesk, 2024). However, it should be noted that meme coins are inherently highly volatile and can experience sudden drops.
The future of $PEPE will depend on factors such as overall cryptocurrency market trends, community activity, and new exchange listings. Risk management and thorough research are of great importance for investors.
In conclusion, Pepe Coin continues to be a meme coin that maintains its popularity in the digital asset world and attracts the interest of investors. However, caution is necessary with such high-risk assets.
#CardanoDebate $BTC $PEPE
Note: The information contained in this article is never investment advice and is intended for accurate and up-to-date informational purposes. STAY AWAY FROM SPECULATION, FOLLOW FOR REAL, SCIENTIFIC ARTICLES❗️ Be sure to do your own research❗️
#pepe #elg
Pepe Coin ($PEPE ), inspired by internet memes and rapidly gaining popularity, has established a solid place on major exchanges like Binance. With its launch in 2023, it has experienced remarkable price increases, particularly attracting the interest of retail investors. This rise is considered part of the overall speculative wind in the "meme coin" category.
Discussions related to $PEPE continue intensely on Binance Square and other crypto news platforms.
Price fluctuations, the strength of the "hodler" community, and potential listing news are at the forefront of investors' minds. Some analysts suggest that the community-focused structure of $PEPE and its strong brand recognition could help maintain its position in the market (CoinDesk, 2024). However, it should be noted that meme coins are inherently highly volatile and can experience sudden drops.
The future of $PEPE will depend on factors such as overall cryptocurrency market trends, community activity, and new exchange listings. Risk management and thorough research are of great importance for investors.
In conclusion, Pepe Coin continues to be a meme coin that maintains its popularity in the digital asset world and attracts the interest of investors. However, caution is necessary with such high-risk assets.
#CardanoDebate $BTC $PEPE
Note: The information contained in this article is never investment advice and is intended for accurate and up-to-date informational purposes. STAY AWAY FROM SPECULATION, FOLLOW FOR REAL, SCIENTIFIC ARTICLES❗️ Be sure to do your own research❗️
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🔥🔥🔥 HASHKEY EXCHANGE EXCEEDED 500 MILLION DOLLARS IN USER ASSETS‼️
#Bitcoin
Hong Kong-licensed virtual asset trading platform HashKey Exchange announced on June 7 that its user assets surpassed a $500 million milestone. This success is supported by the platform's rapidly growing user base and trading volume.
In April, the official launch of the Hong Kong crypto spot ETF on the Hong Kong Stock Exchange attracted more investors, especially Chinese institutions. HashKey Exchange also offers Omnibus trading service for retail customers, constantly increasing its trading volume and number of customers. This strategy has enabled the platform to reach a new peak in the management of user assets.
🔥 The success of HashKey Exchange demonstrates continued growth and innovation in the cryptocurrency market❗️
#Binance #elg #escoin #Escoin $BTC $ETH
#Bitcoin
Hong Kong-licensed virtual asset trading platform HashKey Exchange announced on June 7 that its user assets surpassed a $500 million milestone. This success is supported by the platform's rapidly growing user base and trading volume.
In April, the official launch of the Hong Kong crypto spot ETF on the Hong Kong Stock Exchange attracted more investors, especially Chinese institutions. HashKey Exchange also offers Omnibus trading service for retail customers, constantly increasing its trading volume and number of customers. This strategy has enabled the platform to reach a new peak in the management of user assets.
🔥 The success of HashKey Exchange demonstrates continued growth and innovation in the cryptocurrency market❗️
#Binance #elg #escoin #Escoin $BTC $ETH
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🔥🔥🔥 WHILE THE WORLD WAR WAITS IN THE MIDDLE EAST, THE WAR CONTINUES IN CRYPTO 🔥🔥🔥
CRYPTO WINTER: BEAR MARKET/BULL RUN DILEMMA
#Binance
🔥 In general, it can be said that the BEAR SEASON EFFECT FOR ALT COINS has been continuing for a long time. Except for only a few currencies like BTC, others are still under this influence. The small investor who holds altcoins at high costs must have been too patient and stubborn this time because the downward trend continues. In this process, whales sell at a loss, driving the market down and trying to collect from the bottom.
🔥🔥🔥 LET THEM SELL‼️ PATIENTLY WAIT FOR THE OPPORTUNITY TO COLLECT FROM THE BOTTOM‼️
➡️ While these developments are taking place, the worst thing is to be caught at high cost. Remember that BULL SEASON FOR ALT COINS IS NOT TOO FAR!!
$BTC $ETH #escoin #elg
CRYPTO WINTER: BEAR MARKET/BULL RUN DILEMMA
#Binance
🔥 In general, it can be said that the BEAR SEASON EFFECT FOR ALT COINS has been continuing for a long time. Except for only a few currencies like BTC, others are still under this influence. The small investor who holds altcoins at high costs must have been too patient and stubborn this time because the downward trend continues. In this process, whales sell at a loss, driving the market down and trying to collect from the bottom.
🔥🔥🔥 LET THEM SELL‼️ PATIENTLY WAIT FOR THE OPPORTUNITY TO COLLECT FROM THE BOTTOM‼️
➡️ While these developments are taking place, the worst thing is to be caught at high cost. Remember that BULL SEASON FOR ALT COINS IS NOT TOO FAR!!
$BTC $ETH #escoin #elg
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🔥🔥🔥 Bitcoin Whales: Purchasing Power Rising‼️
#Bitcoin
➡️ According to the latest report of Cryptoquant.com, the amount of Bitcoin held by exchanges and miners decreased by 183,000 BTC from January 1, 2024 to June 7, 2024. 91% of this decrease occurred due to the decrease in the holdings of cryptocurrency exchanges. Exchanges, which held a total of 3.01 million BTC at the beginning of the year, reduced this figure to 2.84 million BTC, reducing it by 166,000 BTC.
➡️ There is an interesting development:
Bitcoin whales are showing buying interest reaching a two-month high. Bitcoin balances of these major players have reached a historical high. This indicates a revival of strong purchasing power in the cryptocurrency market
🔥🔥🔥 All in all, Bitcoin's future still looks bright. Major investors consider price corrections as opportunities, indicating that the bull market is not over yet. Bitcoin's rise may continue, marking an exciting time in the cryptocurrency world.
#Binance #elg #escoin
$BTC $ETH
#Bitcoin
➡️ According to the latest report of Cryptoquant.com, the amount of Bitcoin held by exchanges and miners decreased by 183,000 BTC from January 1, 2024 to June 7, 2024. 91% of this decrease occurred due to the decrease in the holdings of cryptocurrency exchanges. Exchanges, which held a total of 3.01 million BTC at the beginning of the year, reduced this figure to 2.84 million BTC, reducing it by 166,000 BTC.
➡️ There is an interesting development:
Bitcoin whales are showing buying interest reaching a two-month high. Bitcoin balances of these major players have reached a historical high. This indicates a revival of strong purchasing power in the cryptocurrency market
🔥🔥🔥 All in all, Bitcoin's future still looks bright. Major investors consider price corrections as opportunities, indicating that the bull market is not over yet. Bitcoin's rise may continue, marking an exciting time in the cryptocurrency world.
#Binance #elg #escoin
$BTC $ETH
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🔥🔥🔥 FIDELITY INTERNATIONAL TOKENIZED MONEY MARKET FUNDS ON JPMORGAN'S BLOCKCHAIN‼️
#Bitcoin
➡️ London-based fund management firm Fidelity International tokenized shares in money market funds using JPMorgan's Ethereum-based private blockchain network Onyx Digital Assets. Fidelity International noted that tokenization occurs almost instantaneously on JPMorgan's Onyx blockchain via the Tokenized Collateral Network.
➡️ Tokenization aims to create virtual investment instruments that represent real-world assets such as real estate, precious metals and collectibles, and this is a key area of innovation for banks. JPMorgan pioneered the field by conducting the first live blockchain-based margin settlement transaction involving tokenized shares in the BlackRock money market fund last October.
➡️ Fidelity International's Head of Debt Capital Markets, Stephen Whyman, stated that tokenization provides efficiency in meeting margin requirements and a reduction in transaction costs. Keerthi Moudgal, head of product at Onyx Digital Assets, emphasized that Fidelity's participation adds a new asset to their network, complicating the collateral landscape.
🔥🔥🔥 this development is seen as an important step in the adoption of tokenization in order to increase efficiency in the financial system and reduce transaction costs‼️
#Bitcoin #elg #escoin $BTC $ETH
#Bitcoin
➡️ London-based fund management firm Fidelity International tokenized shares in money market funds using JPMorgan's Ethereum-based private blockchain network Onyx Digital Assets. Fidelity International noted that tokenization occurs almost instantaneously on JPMorgan's Onyx blockchain via the Tokenized Collateral Network.
➡️ Tokenization aims to create virtual investment instruments that represent real-world assets such as real estate, precious metals and collectibles, and this is a key area of innovation for banks. JPMorgan pioneered the field by conducting the first live blockchain-based margin settlement transaction involving tokenized shares in the BlackRock money market fund last October.
➡️ Fidelity International's Head of Debt Capital Markets, Stephen Whyman, stated that tokenization provides efficiency in meeting margin requirements and a reduction in transaction costs. Keerthi Moudgal, head of product at Onyx Digital Assets, emphasized that Fidelity's participation adds a new asset to their network, complicating the collateral landscape.
🔥🔥🔥 this development is seen as an important step in the adoption of tokenization in order to increase efficiency in the financial system and reduce transaction costs‼️
#Bitcoin #elg #escoin $BTC $ETH
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🔥🔥🔥 INVESTORS INVESTED $100.8 MILLION IN BITCOIN ETFs‼️
#escoin
➡️ As of June 12, total net flows into Bitcoin ETFs were $100.8 million. Investor interest was distributed as follows:
- FBTC: $50.6 million
- USDIBIT: $15.6 million
- USDBITB: $14.5 million
- USDHODL: $11.6 million
- USDARKB: 8.5 million dollars
➡️ These data show that investors' interest in Bitcoin ETFs is increasing. While FBTC stands out as the most preferred ETF, many funds appear to have zero net flows. This indicates that investor preferences are concentrated on certain funds and market confidence is focused on these funds.
🔥 Investment in Bitcoin ETFs Increases: Investors Deposited $100.8 Million❗️
#elg #EscoinToken
$BTC
#escoin
➡️ As of June 12, total net flows into Bitcoin ETFs were $100.8 million. Investor interest was distributed as follows:
- FBTC: $50.6 million
- USDIBIT: $15.6 million
- USDBITB: $14.5 million
- USDHODL: $11.6 million
- USDARKB: 8.5 million dollars
➡️ These data show that investors' interest in Bitcoin ETFs is increasing. While FBTC stands out as the most preferred ETF, many funds appear to have zero net flows. This indicates that investor preferences are concentrated on certain funds and market confidence is focused on these funds.
🔥 Investment in Bitcoin ETFs Increases: Investors Deposited $100.8 Million❗️
#elg #EscoinToken
$BTC
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🔥🔥🔥 GOOGLE TAKES LEGAL ACTION AGAINST CRYPTO SCAMMERS‼️
#escoin
➡️ Google announced that it has taken legal steps against crypto fraudsters who commit fraud by installing fake applications. This step shows the platform's determination to protect users and is considered an important step in terms of internet security.
🔥 This move by Google stands out as an important step to increase security on the internet❗️
#Binance #elg #EscoinToken
#escoin
➡️ Google announced that it has taken legal steps against crypto fraudsters who commit fraud by installing fake applications. This step shows the platform's determination to protect users and is considered an important step in terms of internet security.
🔥 This move by Google stands out as an important step to increase security on the internet❗️
#Binance #elg #EscoinToken
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🔥🔥🔥 BIG BLOW TO CRYPTO MINING IN PARAGUAY‼️
🔥 Mining has now evolved into tokenization in the world. But crypto assets and blockchain are unstoppable‼️
#Binance #Bitcoin #elg #escoin #BinanceHerYerde
$BTC $ETH
🔥 Mining has now evolved into tokenization in the world. But crypto assets and blockchain are unstoppable‼️
#Binance #Bitcoin #elg #escoin #BinanceHerYerde
$BTC $ETH
Big Blow to Crypto Mining in Paraguay
Major operations against crypto mining in Paraguay resulted in the seizure of 2,738 ASIC devices as part of the fight against energy theft. This development has revived important discussions on crypto mining and energy consumption in the country.
Operations Against Energy Theft
In Paraguay, authorities organized a comprehensive operation against energy theft. Within the scope of this operation, crypto mining activities that used energy illegally were terminated. The 2,738 seized ASIC devices raised serious concerns about energy consumption and energy security in the country.
Regulation of Crypto Mining
Paraguay is trying to establish a clear regulatory framework on crypto mining. However, problems such as energy theft are one of the biggest obstacles to these efforts. Illegal use of energy resources in the country both increases energy costs and damages the infrastructure.
Energy Consumption and Environmental Impacts
Crypto mining also creates environmental impacts due to high energy consumption. Operations in Paraguay aim to increase efforts to reduce this impact and use sustainable energy. These operations have reopened a broad debate on energy consumption and environmental impacts.
Reflections on the Crypto Industry
These major operations in Paraguay also had an impact in the global crypto mining industry. Such interventions against illegal mining activities reveal that cryptocurrencies need to be managed in a more orderly and transparent manner. Additionally, such operations may pave the way for similar regulations and inspections in other countries.
#escoin #elg #Megadrop $BTC $ETH
Major operations against crypto mining in Paraguay resulted in the seizure of 2,738 ASIC devices as part of the fight against energy theft. This development has revived important discussions on crypto mining and energy consumption in the country.
Operations Against Energy Theft
In Paraguay, authorities organized a comprehensive operation against energy theft. Within the scope of this operation, crypto mining activities that used energy illegally were terminated. The 2,738 seized ASIC devices raised serious concerns about energy consumption and energy security in the country.
Regulation of Crypto Mining
Paraguay is trying to establish a clear regulatory framework on crypto mining. However, problems such as energy theft are one of the biggest obstacles to these efforts. Illegal use of energy resources in the country both increases energy costs and damages the infrastructure.
Energy Consumption and Environmental Impacts
Crypto mining also creates environmental impacts due to high energy consumption. Operations in Paraguay aim to increase efforts to reduce this impact and use sustainable energy. These operations have reopened a broad debate on energy consumption and environmental impacts.
Reflections on the Crypto Industry
These major operations in Paraguay also had an impact in the global crypto mining industry. Such interventions against illegal mining activities reveal that cryptocurrencies need to be managed in a more orderly and transparent manner. Additionally, such operations may pave the way for similar regulations and inspections in other countries.
#escoin #elg #Megadrop $BTC $ETH
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🔥🔥🔥 "Striking Statements from FED Governors: What Did They Say About the Future of the US Economy and Inflation?"
🔥 PLEASE DO NOT IGNORE THIS INFORMATION WHEN MAKING YOUR INVESTMENT‼️ Because markets find their direction with this important detailed information❗️
#Bitcoin
Today, six FED managers made important statements about the US economy. Here are the highlights:
➡️ Atlanta FED President Raphael Bostic: He stated that inflation is going up and down and it will take time for the momentum in the economy to end. It predicts that inflation will continue to fall until 2025.
➡️ FED Vice President for Supervision Michael Barr: He said that the first quarter inflation was disappointing and there is no confidence yet to loosen monetary policy. He emphasized that they are cautious against both inflation and employment risks.
➡️ FED Vice President Philip Jefferson: He stated that it is too early to evaluate whether the slowdown in the fight against inflation is permanent. He expects consumer spending to slow later in the year and said he would evaluate data to determine the appropriate stance for the policy rate.
🔥 These statements of FED officials closely concern crypto money and traditional financial markets❗️
➡️ Statements by FED officials show that uncertainty continues about the future of the US economy and inflation. Uncertainties in important factors such as inflation and employment can cause volatility in markets and require investors to be cautious.
#Binance #elg #escoin #EscoinToken $BTC $ETH $SOL
🔥 PLEASE DO NOT IGNORE THIS INFORMATION WHEN MAKING YOUR INVESTMENT‼️ Because markets find their direction with this important detailed information❗️
#Bitcoin
Today, six FED managers made important statements about the US economy. Here are the highlights:
➡️ Atlanta FED President Raphael Bostic: He stated that inflation is going up and down and it will take time for the momentum in the economy to end. It predicts that inflation will continue to fall until 2025.
➡️ FED Vice President for Supervision Michael Barr: He said that the first quarter inflation was disappointing and there is no confidence yet to loosen monetary policy. He emphasized that they are cautious against both inflation and employment risks.
➡️ FED Vice President Philip Jefferson: He stated that it is too early to evaluate whether the slowdown in the fight against inflation is permanent. He expects consumer spending to slow later in the year and said he would evaluate data to determine the appropriate stance for the policy rate.
🔥 These statements of FED officials closely concern crypto money and traditional financial markets❗️
➡️ Statements by FED officials show that uncertainty continues about the future of the US economy and inflation. Uncertainties in important factors such as inflation and employment can cause volatility in markets and require investors to be cautious.
#Binance #elg #escoin #EscoinToken $BTC $ETH $SOL
See original
🔥🔥🔥 A SUPPLY SHOCK IS COMING IN THE ETH MARKET: ETFs CAN WITHDRAW 4 BILLION DOLLARS‼️
#Bitcoin
➡️ According to K33 Research, the launch of Ethereum (ETH) ETFs could result in around 1 million ETH inflows in the first five months. This means a demand of approximately 4 billion dollars. K33 Research examined the market share of ETH relative to BTC in CME futures and determined that ETH trading demand is generally 35% of BTC.
➡️ Based on this data, it is predicted that the launch of ETH ETFs could lead to a significant impact on the Ethereum supply
🔥🔥🔥 A major supply shock is expected in the Ethereum market and this may create significant opportunities for investors‼️
#Binance #escoin #elg $BTC $ETH
#Bitcoin
➡️ According to K33 Research, the launch of Ethereum (ETH) ETFs could result in around 1 million ETH inflows in the first five months. This means a demand of approximately 4 billion dollars. K33 Research examined the market share of ETH relative to BTC in CME futures and determined that ETH trading demand is generally 35% of BTC.
➡️ Based on this data, it is predicted that the launch of ETH ETFs could lead to a significant impact on the Ethereum supply
🔥🔥🔥 A major supply shock is expected in the Ethereum market and this may create significant opportunities for investors‼️
#Binance #escoin #elg $BTC $ETH
See original
🔥🔥🔥 NEW TAXES ARE COMING FOR CRYPTO CURRENCY: TRANSACTION AND INCOME TAX PROPOSALS‼️
#Bitcoin
➡️ The government aims to generate an additional income of 226 billion TL with the new tax package it plans to bring to the Turkish Grand National Assembly (TBMM) after the holiday. The proposed regulations envisage increasing the taxes to be paid by both companies and individuals. These regulations aim to create a source of income corresponding to approximately 0.7 percent of Turkey's gross domestic product.
🔥 TAX EXCEPTION IS BEING REMOVED IN THE STOCK EXCHANGE, NEW TAXES ARE COME TO CRYPTO❗️
➡️ With the new regulation, the income tax exemption applied to the gains arising from the disposal of stocks that are not traded on Borsa Istanbul, belonging to fully taxpayer institutions and held for more than 2 years, is abolished. However, Minister of Treasury and Finance Mehmet Şimşek announced that the tax study on the stock market has been postponed for a while to be re-evaluated.
➡️ Regarding the taxation of crypto assets, two different formulas are proposed: Transaction tax at a rate of 3 per ten thousand on purchases and sales or income tax on purchase and sale gains. It is estimated that if a transaction tax is imposed on crypto assets, 3.7 billion TL tax revenue will be generated annually.
🔥🔥🔥 With this new tax package, the government aims to make a significant contribution to the Turkish economy. If these regulations become law, the tax burden of both companies and individuals will increase!
#Binance #elg #escoin #EscoinToken $BTC $ETH
#Bitcoin
➡️ The government aims to generate an additional income of 226 billion TL with the new tax package it plans to bring to the Turkish Grand National Assembly (TBMM) after the holiday. The proposed regulations envisage increasing the taxes to be paid by both companies and individuals. These regulations aim to create a source of income corresponding to approximately 0.7 percent of Turkey's gross domestic product.
🔥 TAX EXCEPTION IS BEING REMOVED IN THE STOCK EXCHANGE, NEW TAXES ARE COME TO CRYPTO❗️
➡️ With the new regulation, the income tax exemption applied to the gains arising from the disposal of stocks that are not traded on Borsa Istanbul, belonging to fully taxpayer institutions and held for more than 2 years, is abolished. However, Minister of Treasury and Finance Mehmet Şimşek announced that the tax study on the stock market has been postponed for a while to be re-evaluated.
➡️ Regarding the taxation of crypto assets, two different formulas are proposed: Transaction tax at a rate of 3 per ten thousand on purchases and sales or income tax on purchase and sale gains. It is estimated that if a transaction tax is imposed on crypto assets, 3.7 billion TL tax revenue will be generated annually.
🔥🔥🔥 With this new tax package, the government aims to make a significant contribution to the Turkish economy. If these regulations become law, the tax burden of both companies and individuals will increase!
#Binance #elg #escoin #EscoinToken $BTC $ETH
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🔥🔥🔥 ETHEREUM SPOT ETF APPROVAL MAY COME ON JULY 2‼️
#Bitcoin
➡️ Bloomberg analyst Eric Balchunas announced that they expect the S-1 forms of Ethereum Spot ETFs to be approved by July 2. Balchunas noted that SEC staff provides issuers with comments on their S-1 forms, and that these comments often cover simple and non-important matters. The SEC expects a response from issuers within a week.
➡️ Balchunas stated that the launch of Spot Ether ETF could be held during the holiday week and their best guess is July 2. Reminding that their previous predictions were July 4, Balchunas stated that their new predictions foresee an earlier date and this is good news.
🔥🔥🔥 The most likely date for approval of Ethereum Spot ETFs is seen as July 2‼️
#Binance #elg #escoin $BTC $ETH
#Bitcoin
➡️ Bloomberg analyst Eric Balchunas announced that they expect the S-1 forms of Ethereum Spot ETFs to be approved by July 2. Balchunas noted that SEC staff provides issuers with comments on their S-1 forms, and that these comments often cover simple and non-important matters. The SEC expects a response from issuers within a week.
➡️ Balchunas stated that the launch of Spot Ether ETF could be held during the holiday week and their best guess is July 2. Reminding that their previous predictions were July 4, Balchunas stated that their new predictions foresee an earlier date and this is good news.
🔥🔥🔥 The most likely date for approval of Ethereum Spot ETFs is seen as July 2‼️
#Binance #elg #escoin $BTC $ETH
See original
🔥🔥🔥 WHY DID CRYPTO CURRENCIES FALL? EXPERT ANALYST EXPLAINED‼️
🔥🔥🔥 The future of cryptocurrencies will depend on how these dynamics evolve‼️
#Bitcoin
➡️ Bitcoin dropped to $65,000 again after testing the $72,000 level. Popular analyst Willy Woo explained the reasons for this decline. Woo stated that swelling open positions in futures accelerated sales. He also said that long-term investors could not bear to sell and these sales triggered the decline.
Impact of Paper BTC:
➡️ Woo stated that futures and forward Bitcoin ETFs are called “paper BTC” and that they do not increase the actual BTC supply. Approval of spot Bitcoin ETFs could create real supply shortages. Woo stated that paper BTC flooded the market and this prevented the price increase. He pointed out the impact on the price of those who want to buy real BTC now preferring paper BTC.
🔥 As a result, the decline in Bitcoin and cryptocurrencies was accelerated by futures and long-term investors selling. Spot Bitcoin ETFs may create real supply shortages in the future❗️
#elg #Binance #escoin #Elg $BTC $ETH $BNB
🔥🔥🔥 The future of cryptocurrencies will depend on how these dynamics evolve‼️
#Bitcoin
➡️ Bitcoin dropped to $65,000 again after testing the $72,000 level. Popular analyst Willy Woo explained the reasons for this decline. Woo stated that swelling open positions in futures accelerated sales. He also said that long-term investors could not bear to sell and these sales triggered the decline.
Impact of Paper BTC:
➡️ Woo stated that futures and forward Bitcoin ETFs are called “paper BTC” and that they do not increase the actual BTC supply. Approval of spot Bitcoin ETFs could create real supply shortages. Woo stated that paper BTC flooded the market and this prevented the price increase. He pointed out the impact on the price of those who want to buy real BTC now preferring paper BTC.
🔥 As a result, the decline in Bitcoin and cryptocurrencies was accelerated by futures and long-term investors selling. Spot Bitcoin ETFs may create real supply shortages in the future❗️
#elg #Binance #escoin #Elg $BTC $ETH $BNB
See original
‼️ Bitcoin Miner Reserves at 14-Year Low: Massive Selling Pressure Before Halving‼️
#Bitcoin
Bitcoin miners' reserves have fallen to their lowest level in the last 14 years. Starting from the beginning of 2024, miners sold their Bitcoins, reducing their reserves to 1.83 million BTC. Miners sold 10,000 BTC (about $450 million) in a single day in January, adding to the recent massive selling pressure. These sales were made to ensure miners' cash flow and to invest in new mining equipment before the halving.
The Bitcoin halving event will cause a massive drop in mining revenues as miners will halve their block rewards (from 6.25 BTC to 3,125 BTC). Therefore, miners aim to increase their competitiveness by investing in more efficient mining devices. However, this can be particularly challenging for smaller mining operations and could lead to them leaving the market or being acquired by larger players.
In the meantime, spot Bitcoin ETF issuers continue to accumulate BTC for their clients and currently hold a total of 657,000 BTC. This creates significant demand in the market and supports the price of BTC
#Binance #elg #escoin #EscoinToken $BTC
#Bitcoin
Bitcoin miners' reserves have fallen to their lowest level in the last 14 years. Starting from the beginning of 2024, miners sold their Bitcoins, reducing their reserves to 1.83 million BTC. Miners sold 10,000 BTC (about $450 million) in a single day in January, adding to the recent massive selling pressure. These sales were made to ensure miners' cash flow and to invest in new mining equipment before the halving.
The Bitcoin halving event will cause a massive drop in mining revenues as miners will halve their block rewards (from 6.25 BTC to 3,125 BTC). Therefore, miners aim to increase their competitiveness by investing in more efficient mining devices. However, this can be particularly challenging for smaller mining operations and could lead to them leaving the market or being acquired by larger players.
In the meantime, spot Bitcoin ETF issuers continue to accumulate BTC for their clients and currently hold a total of 657,000 BTC. This creates significant demand in the market and supports the price of BTC
#Binance #elg #escoin #EscoinToken $BTC
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BLOCKCHAIN: A NEW ERA IN DIGITAL IDENTITY AND SECURITY
In the digital age, authentication is of critical importance with the rise of cybersecurity threats. Traditional methods may be insufficient to combat data breaches. Blockchain technology offers a secure and decentralized alternative.
WHAT IS BLOCKCHAIN?
Blockchain is a decentralized and distributed digital ledger. Data is recorded and verified simultaneously on multiple computers, ensuring that the data is immutable and stored securely.
WHAT IS BLOCKCHAIN?
Blockchain is a decentralized and distributed digital ledger. Data is recorded and verified simultaneously on multiple computers, ensuring that the data is immutable and stored securely.
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