BlockchainBulletin
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BlockchainBulletin
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President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.
The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.
Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.
In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.
The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.
Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.
#biden #JoeBiden
President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.
The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.
Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.
In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.
The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.
Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.
#biden #JoeBiden
KuCoin still hasn't paid out the $2 million dispute bonus for the delisted token
- The Seychelles court ruled that KuCoin cannot consider unwithdrawn tokens as 'abandoned' assets.
- The court ordered the exchange to pay over $2 million to a Swiss investor.
- However, the investor claims KuCoin hasn't settled yet, and he's planning to take further legal action.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- The Seychelles court ruled that KuCoin cannot consider unwithdrawn tokens as 'abandoned' assets.
- The court ordered the exchange to pay over $2 million to a Swiss investor.
- However, the investor claims KuCoin hasn't settled yet, and he's planning to take further legal action.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Metaplanet spends 13 million USD to acquire a Japanese brokerage, launching yield products from Bitcoin
- Metaplanet has acquired Siiibo Securities for 13 million USD.
- This deal aims to introduce yield-generating products from Bitcoin (BTC).
- This move allows Metaplanet to tap into the 7.4 trillion USD in Japanese household savings as the country shifts from deflation to inflation.
$btc #btc
#vlikevn #Titanbot
Source: Decrypt
- Metaplanet has acquired Siiibo Securities for 13 million USD.
- This deal aims to introduce yield-generating products from Bitcoin (BTC).
- This move allows Metaplanet to tap into the 7.4 trillion USD in Japanese household savings as the country shifts from deflation to inflation.
$btc #btc
#vlikevn #Titanbot
Source: Decrypt
SpaceX is pricing its IPO at a historic high of $135
- SpaceX is launching its Initial Public Offering (IPO) at $135 per share, marking the largest IPO to date.
- On the Hyperliquid platform, SpaceX shares are currently trading at $177 per share.
- If the opening price matches the level on Hyperliquid, SpaceX shares could pump up by 30% from the IPO price.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: Decrypt
- SpaceX is launching its Initial Public Offering (IPO) at $135 per share, marking the largest IPO to date.
- On the Hyperliquid platform, SpaceX shares are currently trading at $177 per share.
- If the opening price matches the level on Hyperliquid, SpaceX shares could pump up by 30% from the IPO price.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: Decrypt
SpaceX IPO $75 billion: Optimistic and Pessimistic Views for Bitcoin
- SpaceX has raised $75 billion through its IPO, significantly pulling liquidity from the crypto market.
- If SpaceX's stock skyrockets on its launch day, the profits from the IPO could be cycled back into the crypto market.
- $btc #btc
#vlikevn #Titanbot
Source: Decrypt
- SpaceX has raised $75 billion through its IPO, significantly pulling liquidity from the crypto market.
- If SpaceX's stock skyrockets on its launch day, the profits from the IPO could be cycled back into the crypto market.
- $btc #btc
#vlikevn #Titanbot
Source: Decrypt
SpaceX's tokenized IPO campaign raises $557 million on Binance
- SpaceX's tokenized IPO campaign has attracted $557 million on the Binance exchange ahead of its official launch.
- The crypto market is becoming the new hotspot for discovering value ahead of an IPO, especially with the anticipated SpaceX listing on June 12.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- SpaceX's tokenized IPO campaign has attracted $557 million on the Binance exchange ahead of its official launch.
- The crypto market is becoming the new hotspot for discovering value ahead of an IPO, especially with the anticipated SpaceX listing on June 12.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
See translation
Băng nhóm 'AudiA6' rửa 389 triệu USD Bitcoin bị triệt phá
- Cơ quan chức năng đã triệt phá băng nhóm 'AudiA6' chuyên rửa tiền từ Bitcoin.
- Nhóm này bị cáo buộc rửa số tiền lên tới 389 triệu USD.
- Hai đối tượng đã bị bắt giữ và đang bị đề nghị dẫn độ về Mỹ để xét xử.
$btc #btc
#vlikevn #Titanbot
Nguồn: Decrypt
- Cơ quan chức năng đã triệt phá băng nhóm 'AudiA6' chuyên rửa tiền từ Bitcoin.
- Nhóm này bị cáo buộc rửa số tiền lên tới 389 triệu USD.
- Hai đối tượng đã bị bắt giữ và đang bị đề nghị dẫn độ về Mỹ để xét xử.
$btc #btc
#vlikevn #Titanbot
Nguồn: Decrypt
AI Unleashes a 'Vulnerability Catastrophe' for Crypto Security
- The CEO of Immunefi, Mitchell Amador, stated that the surge of advanced AI models is the primary reason behind the resurgence of DeFi hacks.
- He likened the impact of AI on security to a 'vulnerability catastrophe', making it easier for hackers to exploit weaknesses in smart contracts.
- The crypto community needs to proactively upgrade technology and testing processes to combat this new threat.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- The CEO of Immunefi, Mitchell Amador, stated that the surge of advanced AI models is the primary reason behind the resurgence of DeFi hacks.
- He likened the impact of AI on security to a 'vulnerability catastrophe', making it easier for hackers to exploit weaknesses in smart contracts.
- The crypto community needs to proactively upgrade technology and testing processes to combat this new threat.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Audiera's AI BEAT Token skyrockets by 1,500% in a month, outpacing Bitcoin and Ethereum
- The BEAT token from the AI project Audiera has recorded a whopping 1,500% growth in just one month, outperforming $btc and $eth.
- However, technical indicators show that BEAT is currently in an extreme overbought zone.
- This increases the likelihood that this token could correct down by up to 35% in the coming days.
$beat $btc $eth #beat #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- The BEAT token from the AI project Audiera has recorded a whopping 1,500% growth in just one month, outperforming $btc and $eth.
- However, technical indicators show that BEAT is currently in an extreme overbought zone.
- This increases the likelihood that this token could correct down by up to 35% in the coming days.
$beat $btc $eth #beat #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Japan passes crypto bill, paving the way for ETFs and tax reform
- The Japanese House of Representatives is said to have passed a bill that integrates cryptocurrencies into the country's financial instruments framework.
- This move could open up opportunities for crypto ETFs and more favorable tax policies.
- The bill marks a significant step forward in legalizing and regulating digital assets in Japan.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- The Japanese House of Representatives is said to have passed a bill that integrates cryptocurrencies into the country's financial instruments framework.
- This move could open up opportunities for crypto ETFs and more favorable tax policies.
- The bill marks a significant step forward in legalizing and regulating digital assets in Japan.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Bitcoin holds strong at $63.2K despite inflation and Iran tensions
- Bitcoin is trading around $63,200, maintaining its recent recovery momentum
- The market is overlooking the highest PPI inflation data from the U.S. since October 2022
- Iran has closed the Strait of Hormuz but BTC remains unaffected
- BTC price shows independence from macroeconomic and geopolitical factors
$btc #btc
#vlikevn #Titanbot
Source: CoinTelegraph
- Bitcoin is trading around $63,200, maintaining its recent recovery momentum
- The market is overlooking the highest PPI inflation data from the U.S. since October 2022
- Iran has closed the Strait of Hormuz but BTC remains unaffected
- BTC price shows independence from macroeconomic and geopolitical factors
$btc #btc
#vlikevn #Titanbot
Source: CoinTelegraph
Coinbase rides the wave of the 2026 World Cup as the market anticipates a boom
- According to Bernstein, the FIFA World Cup 2026 could inject billions into prediction markets.
- Coinbase and Robinhood are expected to cash in big, attracting a new wave of users.
- Exchanges are leveraging the sports betting trend via blockchain to expand their market share.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- According to Bernstein, the FIFA World Cup 2026 could inject billions into prediction markets.
- Coinbase and Robinhood are expected to cash in big, attracting a new wave of users.
- Exchanges are leveraging the sports betting trend via blockchain to expand their market share.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
There are signs indicating that XRP might dip below $1 in June
- A head-and-shoulders pattern is forming on the short time frame candlesticks for XRP.
- A bear flag is also taking shape, signaling further downside.
- Both technical signals suggest that XRP could drop below the $1 mark in the coming days.
$xrp #xrp
#vlikevn #Titanbot
Source: CoinTelegraph
- A head-and-shoulders pattern is forming on the short time frame candlesticks for XRP.
- A bear flag is also taking shape, signaling further downside.
- Both technical signals suggest that XRP could drop below the $1 mark in the coming days.
$xrp #xrp
#vlikevn #Titanbot
Source: CoinTelegraph
ETH futures traders are rushing into the $1.6K zone: Can ETH lead the recovery?
- ETH futures traders have ramped up their long positions as Ether trades near the yearly lows of 2026, around the $1,600 mark.
- This move raises the question of whether ETH's recovery can outpace BTC's bounce.
- $btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- ETH futures traders have ramped up their long positions as Ether trades near the yearly lows of 2026, around the $1,600 mark.
- This move raises the question of whether ETH's recovery can outpace BTC's bounce.
- $btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Citibank launches blockchain market for private company stocks
- Citibank, the big player in American banking, just dropped a blockchain-based market for private company stocks.
- This platform offers tokenized depositary receipts for private company shares.
- This move comes as Wall Street is increasingly embracing tokenized assets.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- Citibank, the big player in American banking, just dropped a blockchain-based market for private company stocks.
- This platform offers tokenized depositary receipts for private company shares.
- This move comes as Wall Street is increasingly embracing tokenized assets.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Market's taking a nosedive: Can Bitcoin hold the $60K line?
- $1.9 billion has been pulled out from spot Bitcoin ETFs, putting a ton of pressure on the market.
- Major tech stocks are tanking and oil prices are swinging wildly, creating jitters among investors.
- Bitcoin is failing to act as a safe haven against market risks.
- The risk of BTC dropping below the $60,000 support level is very real.
$btc #btc
#vlikevn #Titanbot
Source: CoinTelegraph
- $1.9 billion has been pulled out from spot Bitcoin ETFs, putting a ton of pressure on the market.
- Major tech stocks are tanking and oil prices are swinging wildly, creating jitters among investors.
- Bitcoin is failing to act as a safe haven against market risks.
- The risk of BTC dropping below the $60,000 support level is very real.
$btc #btc
#vlikevn #Titanbot
Source: CoinTelegraph
Hungary lifts crypto trading restrictions after EU intervention
- The Hungarian government has announced the removal of previous crypto trading limitations.
- Old regulations required approval confirmation for crypto conversions.
- Users and service providers faced the risk of criminal prosecution.
- This reversal decision came after EU oversight and review.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- The Hungarian government has announced the removal of previous crypto trading limitations.
- Old regulations required approval confirmation for crypto conversions.
- Users and service providers faced the risk of criminal prosecution.
- This reversal decision came after EU oversight and review.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
Digital Asset raises $355 million, a16z bets on Wall Street blockchain infrastructure
- Digital Asset successfully raises $355 million in a funding round led by a16z, valuing the company at $2 billion.
- This funding round expands the capital influx from Wall Street institutions, as many banks are ramping up experiments on Digital Asset's Canton Network blockchain.
- This move reflects the growing confidence in the application of blockchain within traditional finance.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
- Digital Asset successfully raises $355 million in a funding round led by a16z, valuing the company at $2 billion.
- This funding round expands the capital influx from Wall Street institutions, as many banks are ramping up experiments on Digital Asset's Canton Network blockchain.
- This move reflects the growing confidence in the application of blockchain within traditional finance.
$btc $eth #btc #eth
#vlikevn #Titanbot
Source: CoinTelegraph
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