[Breaking News] What happened:A federal court has dismissed a lawsuit brought by the US Securities and Exchange Commission (SEC) against a cryptocurrency company or project. What it means:The decision is a major blow to the SEC's "Regulation by Enforcement" approach. In other words, critics say the SEC has been trying to regulate the crypto world through prosecutions rather than clear rules. Outcome:The case is a big win for the crypto company/project whose case was dismissed, and could set a precedent for other SEC cases. Acknowledgements:The dismissed party specifically thanked SEC Commissioner Hester Peirce (known in the crypto world for her outspokenness, also known as "Crypto Mom") and Donald Trump's team or political support. Meaning:This indicates that there is political pressure and support at the political level to reverse the SEC's approach and make crypto businesses more favorable. US Innovation: "US innovation is back" is declared. This means that the decision lowers the barriers to the continued development of crypto and blockchain technologies in the United States, increasing confidence for investors and companies. Just the Beginning: "This is just the beginning" is a statement that says this victory could - 1. Set a precedent for other SEC cases (including those against Coinbase, Binance, Kraken, and Ripple). 2. Pressure on the US Congress to enact clear laws for crypto (like the FIT21 Act). 3. A more favorable regulatory environment for crypto businesses in the US could emerge. Only one case:This decision dismisses one case. Many other SEC cases (especially the big ones like Coinbase and Binance) are still pending. Still confusing:The legal confusion and debate over how to regulate crypto in the US is still ongoing. Law and politics:This case is more of a legal and political issue than a financial regulation issue.
This decision is a major victory for the crypto world, and a serious challenge to the SEC's regulatory approach. It can be seen as an important step for the continued development of crypto innovation and the emergence of clearer regulations in the United States. However, the regulatory war is not over. #Binance #TradingTypes101 #CEXvsDEX101
On May 22, 2010, an American named “Laszlo Hanyecz” sent 10,000 Bitcoins to Jeremy Sturdivant online and ordered two pizzas.
At that time, 1 BTC was worth only $0.0025.
The total BTC he spent on the two pizzas is now worth over $650 billion (2024 estimate).
This exchange was recorded as the first practical use of Bitcoin in history.
This event proved the market value and practicality of cryptocurrency to the world.
Therefore, May 22 is celebrated every year as Bitcoin Pizza Day.
I would like to ask you to be careful because there are scams related to Bitcoin Pizza Day.
This is a 20% Discount Binance account link that is essential for a trader who has just opened a Binance account. You should open a new account and start trading from this link. https://www.binance.com/join?ref=Y7VIBNW1
Referral Code for Future Trading 10% Discount: 978545959
$BTC After a successful bounce on our green box, odds are very good that we'll now go toward the ATH but getting long here at the local range VAH is not the best as we also see some bearish absorption from the market makers in the lower time frames.
#BTC With new liquidity appearing around $107 000 and the bullish CVD divergence still being very strong, we now believe we'll bounce somewhere at the bottom of our local range so we'll look to get into a long today.
#NewsAboutCrypto If you want to open a Binance account, get a 10% lifetime discount from this link. Promo code: 975913854 https://www.binance.com/join?ref=975913854
#BTCBelow80K Went to the 73-76k zone, which we didn't reach a month ago, but it's a magnet. We got a bounce. But is it definitely the bottom?
Next it all depends on Trump's rhetoric, China, EU reaction and Fed rhetoric. This week decides to what level the market will fall to. Either this is the final bottom.
If the current fear is not enough for an emergency rate cut, then Trump will continue to attack. If it reaches the Fed right away, then the pressure is over.
We are also waiting for an emergency Fed meeting in a couple of hours.
Position size: 5-10% of deposit. Entry price: 170.27. Takes: 171.97, 173.67, 177.08. Stoploss: 165.16.
My recommendations: 1. Follow risk management. Do not load the entire deposit into a position with a large leverage. 2. Use x2-5 leverage if you are new to trading. 3. Always set a stop loss and move it to breakeven! 4. Fix the position in parts to reduce risks. 5. Always pay close attention to what I write about a deal in the channel!
‼️ Important: 1. In each trade, use no more than 2-5% of your total deposit. 2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.
‼️ Important: 1. In each trade, use no more than 2-5% of your total deposit. 2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.