#Coinbase : Do Different Courts Define Securities Differently?
#Crypto Uncertainty: Should #CryptoMarkets Follow Judge or Law?
#CryptoNews #Ripple #Binance #TheSEC
Don't Miss This Interesting Article 👇👇
https://coinpedian.substack.com/p/coinbase-vs-sec-update-can-binances
#Crypto Uncertainty: Should #CryptoMarkets Follow Judge or Law?
#CryptoNews #Ripple #Binance #TheSEC
Don't Miss This Interesting Article 👇👇
https://coinpedian.substack.com/p/coinbase-vs-sec-update-can-binances
Substack
Coinbase vs SEC Update: Can Binance's Ruling Help Coinbase in SEC Battle?
Coinbase Uses Binance Ruling for Appeal!
Top #Cryptonews in Past 12 Hours
1️⃣#Gamestop's($GME) price surge stopped for weeks, dropping significantly due to an 18% decline linked to a lawsuit.
2️⃣Swiss government-owned PostFinance launches trading for $XRP, $ADA, $SOL, $AVAX, and $DOT #cryptocurrencies, plus custody services.
3️⃣#German government sells over 5,000 Bitcoins (10% of holdings) since June 18, affecting BTC price.
4️⃣#Binance celebrates court win, SEC claims on BNB not securities, prepares for ongoing legal battles.
5️⃣Danish regulators clarify: No plans to ban self-custodial cryptocurrency wallets despite recent social media rumors.
6️⃣Monetary Authority of Singapore (MAS) raises risk level for #cryptoexchanges to medium-high under updated anti-terrorism financing laws.
1️⃣#Gamestop's($GME) price surge stopped for weeks, dropping significantly due to an 18% decline linked to a lawsuit.
2️⃣Swiss government-owned PostFinance launches trading for $XRP, $ADA, $SOL, $AVAX, and $DOT #cryptocurrencies, plus custody services.
3️⃣#German government sells over 5,000 Bitcoins (10% of holdings) since June 18, affecting BTC price.
4️⃣#Binance celebrates court win, SEC claims on BNB not securities, prepares for ongoing legal battles.
5️⃣Danish regulators clarify: No plans to ban self-custodial cryptocurrency wallets despite recent social media rumors.
6️⃣Monetary Authority of Singapore (MAS) raises risk level for #cryptoexchanges to medium-high under updated anti-terrorism financing laws.
Why Did #Bitcoin Dip Below $58K?
Can #Ether, #Binance Coin, and #Solana Recover from Their Recent Drops?
Want to Know What's Happening in the #Cryptomarket??
Click Below to Read More👇👇👇
https://coinpedian.substack.com/p/2024-crypto-market-insights-etf-approvals
Can #Ether, #Binance Coin, and #Solana Recover from Their Recent Drops?
Want to Know What's Happening in the #Cryptomarket??
Click Below to Read More👇👇👇
https://coinpedian.substack.com/p/2024-crypto-market-insights-etf-approvals
Substack
2024 Crypto Market Insights: ETF Approvals, Regulatory Frameworks, and Market Dynamics
Report
Key Events Sheduled For This Week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week
#Crypto #Cryptonews
1️⃣ #Fed Chair Powell Testifies -(July 9th) -Tuesday
2️⃣ #Binance Vs SEC Hearing ( July 9th ) - Tuesday
3️⃣ June #CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday
4️⃣ June #PPI Inflation data - Friday
5️⃣Total of 9 Fed speaker events this week
Top #CryptoNews in Past 12 Hours
1️⃣ June US #CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.
2️⃣ #Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices
3️⃣#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.
4️⃣#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.
5️⃣In Q2 2024, top centralized exchanges by capital inflow were #Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics
6️⃣#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)
7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into #Bitcoin
1️⃣ June US #CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.
2️⃣ #Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices
3️⃣#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.
4️⃣#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.
5️⃣In Q2 2024, top centralized exchanges by capital inflow were #Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics
6️⃣#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)
7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into #Bitcoin
Top #CryptoNews in Past 12 Hours
1️⃣#Polychain accused former employee Niraj Pant of a secret deal with Eclipse Labs over token allocation.
2️⃣ #Coinbase listed Stader (SD), the core cryptocurrency of Stader Labs, which surged 56% in 24 hours.
3️⃣ On July 9, #BitcoinETFs saw a $216M net inflow, with Grayscale outflowing $37M.
4️⃣A Paradigm-funded poll showed 13% of anti-Trump Republicans shifted due to his crypto support.
5️⃣On July 10th, the German government sold Bitcoin, transferring 1,250 BTC to Kraken and Coinbase. currently it holds 13,110 BTC in wallet
6️⃣ On july 9 hearing Judge Jackson concluded discovery in the #Binance vs US SEC case, final submissions due July 29.
1️⃣#Polychain accused former employee Niraj Pant of a secret deal with Eclipse Labs over token allocation.
2️⃣ #Coinbase listed Stader (SD), the core cryptocurrency of Stader Labs, which surged 56% in 24 hours.
3️⃣ On July 9, #BitcoinETFs saw a $216M net inflow, with Grayscale outflowing $37M.
4️⃣A Paradigm-funded poll showed 13% of anti-Trump Republicans shifted due to his crypto support.
5️⃣On July 10th, the German government sold Bitcoin, transferring 1,250 BTC to Kraken and Coinbase. currently it holds 13,110 BTC in wallet
6️⃣ On july 9 hearing Judge Jackson concluded discovery in the #Binance vs US SEC case, final submissions due July 29.
"No Need to Label Solana as Security in Binance Lawsuit"
🔵US #SEC has amended its complaint in the Binance lawsuit concerning third-party crypto asset securities.
🔵The court ruling to classify cryptocurrencies like Solana as securities is no longer necessary at this stage.
🔵This decision follows a recent court order that determined BNB (Binance Coin) is not a security.
🔵The amendment reflects ongoing developments in the SEC's legal actions against #Binance, Binance.US, and Changpeng Zhao.
🔵This provides Partial relief for #Solana, #Cardano, and #Polygon in the SEC complaint.
Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.253.0.pdf
🔵US #SEC has amended its complaint in the Binance lawsuit concerning third-party crypto asset securities.
🔵The court ruling to classify cryptocurrencies like Solana as securities is no longer necessary at this stage.
🔵This decision follows a recent court order that determined BNB (Binance Coin) is not a security.
🔵The amendment reflects ongoing developments in the SEC's legal actions against #Binance, Binance.US, and Changpeng Zhao.
🔵This provides Partial relief for #Solana, #Cardano, and #Polygon in the SEC complaint.
Source: https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.253.0.pdf
#Binance Faces $86 Million Tax Bill from India
#Crypto #CryptoNews
🔵Massive Tax Bill Issued: India has issued an $86 million tax bill to Binance for allegedly not registering under the Indian GST framework.
🔵Regulatory Efforts Intensify: This tax notice is part of India's broader strategy to regulate #cryptoexchanges operating within the country.
🔵Increased Scrutiny: Binance, the world's largest crypto exchange, is under heightened scrutiny from Indian authorities.
🔵Ongoing Compliance Issues: The substantial tax bill reflects continued challenges Binance faces regarding compliance with Indian regulations.
#Crypto #CryptoNews
🔵Massive Tax Bill Issued: India has issued an $86 million tax bill to Binance for allegedly not registering under the Indian GST framework.
🔵Regulatory Efforts Intensify: This tax notice is part of India's broader strategy to regulate #cryptoexchanges operating within the country.
🔵Increased Scrutiny: Binance, the world's largest crypto exchange, is under heightened scrutiny from Indian authorities.
🔵Ongoing Compliance Issues: The substantial tax bill reflects continued challenges Binance faces regarding compliance with Indian regulations.
Top #CryptoNews in Past 12 Hours
1️⃣ #Coinbase added #ZetaChain and Across Protocol to its listing roadmap.
2️⃣ #Alameda sent 205.38k WLD to Binance, marking their first CEX transfer.
3️⃣ #OKX closed accounts linked to Tornado Cash, enforcing strict sanctions compliance.
4️⃣#Tether plans to double its staff to 200 in the next year, enhancing compliance and monitoring illegal activities.
5️⃣ On August 8, #Bitcoin spot ETFs saw $193M inflow, despite Grayscale's $183M outflow.
6️⃣ On August 8, #Ethereum spot ETFs saw a $2.8737M net outflow overall.
7️⃣ #Grayscale Research anticipated Bitcoin's rebound to all-time highs if recession is avoided.
8️⃣ Turkey revealed 47 crypto companies seeking licenses, including Bitfinex and #Binance TR.
9️⃣On Aug. 9, 32,000 $BTC options and 206,000 $ETH options were set to expire.
1️⃣ #Coinbase added #ZetaChain and Across Protocol to its listing roadmap.
2️⃣ #Alameda sent 205.38k WLD to Binance, marking their first CEX transfer.
3️⃣ #OKX closed accounts linked to Tornado Cash, enforcing strict sanctions compliance.
4️⃣#Tether plans to double its staff to 200 in the next year, enhancing compliance and monitoring illegal activities.
5️⃣ On August 8, #Bitcoin spot ETFs saw $193M inflow, despite Grayscale's $183M outflow.
6️⃣ On August 8, #Ethereum spot ETFs saw a $2.8737M net outflow overall.
7️⃣ #Grayscale Research anticipated Bitcoin's rebound to all-time highs if recession is avoided.
8️⃣ Turkey revealed 47 crypto companies seeking licenses, including Bitfinex and #Binance TR.
9️⃣On Aug. 9, 32,000 $BTC options and 206,000 $ETH options were set to expire.