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#USHouseMarketStructureDraft According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
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#FOMCMeeting The Fed just wrapped up their latest meeting-and let's be honest, the only thing climbing faster than the interest rates was Powell's blood pressure when someone mentioned "soft landing." Wall Street traders: "They didn't cut? To the moon, baby!" Powell, unbothered: "Did I stutter?" Millennial homeowners: "Sooo... is now a good time to refinance?" The Fed: "Yeah, hard no." Current market mood: Stocks: Feeling themselves, strutting like they own the place Bonds: Midlife crisis mode Crypto: Throwing a 2021-style party Gold: Zen and unbothered Recession: Still waiting in the lobby, flipping through outdated magazines Powell's press conference summed up: "We're doing what's necessary." Translation: "We're just winging it with some fancy charts."
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#SaylorBTCPurchase Michael Saylor's MicroStrategy has significantly increased its Bitcoin holdings, purchasing an additional 11,931 BTC for approximately $786 million. This latest acquisition brings their total Bitcoin to an impressive 226,331 BTC, now valued at over $15 billion. This move underscores MicroStrategy's position as the leading corporate holder of Bitcoin, now controlling more than 1% of Bitcoin's circulating supply. Michael Saylor's continued conviction is a significant driver of institutional investment in the cryptocurrency. The purchase highlights a growing belief in Bitcoin's role as a dependable store of value, particularly in the face of economic uncertainty. Market reaction to this news signals strong confidence among major players in Bitcoin's future and reinforces its narrative of scarcity and value.
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#DigitalAssetBill The Digital Asset Bill refers to proposed legislation aimed at regulating and clarifying the legal status of digital assets, including cryptocurrencies, non-fungible tokens (NFTs), and other blockchain-based assets. Here's what's happening with these bills: Key Aspects Definition and Classification*: Clear definitions and classifications of digital assets to provide regulatory certainty. Regulatory Framework Establishing a regulatory framework for digital asset transactions, custody, and trading. Consumer Protection Measures to protect consumers from risks associated with digital assets, such as fraud and scams. Innovation and Growth Fostering innovation and growth in the digital asset industry while ensuring regulatory compliance.
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#AirdropSafetyGuide How Do You Stay SAFU?Not all airdrops are safe. From wallet drainers to fake token approvals, scams are everywhere. Use #AirdropSafetyGuide to sh...
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