#SEC faces criticism for strict #crypto #regulation, accused of stifling innovation and overreaching authority. #CryptoNews

State AGs and industry stakeholders challenge SEC's actions, arguing against expansive definition of securities.
https://coinpedia.org/news/from-kraken-to-robinhood-crypto-giants-confront-secs-expanding-grip/

Bitcoin's path to $150,000 faces hurdles: underperformance, Ethereum ETFs, Tether dominance, regulatory compliance, deflationary pressures.

Factors include #Bitcoin's correlation with traditional markets, potential #stockmarket correction, and monetary policies' impact. #CryptoMarket #Crypto #BTC
https://coinpedia.org/news/top-reasons-why-bitcoin-price-reaching-150k-might-be-a-long-road-ahead/

Analyst Davinci warns of #Bitcoin's potential "bull trap" despite long-term optimism, highlighting market volatility. #Cryptomarket

#Ethereum faces downside risk, #stablecoins gaining significance, potentially surpassing Visa in payment volume by 2024. #CryptoNews
https://coinpedia.org/news/bitcoin-price-at-64k-a-bull-trap-crypto-expert-decodes-the-market-signals/

#Poloniex hacker launders $308,000 via #Tornado Cash, accumulating $182 million in various #cryptocurrencies.

Suspected Lazarus Group member behind Poloniex hack, highlighting need for enhanced security measures in #cryptoexchanges.
https://coinpedia.org/news/hacker-linked-to-poloniex-laundered-308k-in-ethereum-through-tornado-cash/

#Worldcoin ($WLD) surges 44% fueled by #AI buzz after Warren Buffett comments, showing increased #investor interest.

#Litecoin (LTC) gains attention for potential #ETFs, but technical signals hint at a possible price decline. #Cryptonews
https://coinpedia.org/news/top-crypto-tokens-trending-today-amidst-bitcoin-price-drop/

U.S. SEC extends deadline to approve #Invesco Galaxy #Ethereum #ETF, citing need for thorough market consideration.

Review period extended until July 5, 2024; speculation arises over SEC's stance due to ongoing Ethereum investigation. #Crypto
https://coinpedia.org/news/sec-postpones-decision-on-invesco-galaxy-ethereum-etf-till-july-5/

#Ripple vs. SEC lawsuit nears conclusion; final ruling anticipated in September, with settlement or appeal potential.

#XRP price up 5% in a week, could reach $1; SEC's final reply brief sealed until May 8. #CryptoNews
https://coinpedia.org/news/ripple-vs-sec-expert-predicts-timeline-for-xrp-lawsuit-verdict/

#Binance CEO demands release of detained employee Tigran Gambaryan, denouncing Nigerian government's actions as unfair.

Nigeria blames #cryptocurrency for currency weakening, seeks stricter regulations; tension rises with Binance. #CryptoNews
https://coinpedia.org/news/binance-ceo-richard-teng-tells-nigerian-government-to-release-tigran-gambaryan/

Breaking: South Korea's Democratic Party Election Victory Sparks Push for Crypto ETF Review

🔵 South Korea's Democratic Party aims to introduce spot #crypto funds, despite regulators' current opposition.

🔵 #Financial regulators oppose spot crypto #ETFs due to lack of legal basis.

🔵 Following an electoral victory, the party plans to push for regulatory review of banned spot #bitcoin ETFs.

🔵 In June, the party intends to request the Financial Services Commission to reconsider spot bitcoin ETFs.

#Crypto #CryptoNews

SEC likely suing #Robinhood over #crypto, but analysts expect Robinhood to win in court.

Robinhood may contest SEC's classification of #Ethereum, impacting its crypto business revenue significantly. #CryptoNews
https://coinpedia.org/news/robinhood-will-win-against-us-sec-in-the-ongoing-case-says-kbw-broker/

🔵Global #cryptomarket cap: $2.36T, down by 1.12% in the last day.

🔵Total #crypto market volume in the last 24 hours: $71.3B, up by 17.63%.

🔵 #DeFi volume: $6.33B, accounting for 8.88% of total crypto market volume.

🔵 #Stablecoin volume: $65.12B, comprising 91.32% of total crypto market volume.

🔵 #Bitcoin dominance: 53.44%, up by 0.23% in the last day.

#Ripple vs #SEC Lawsuit

Is Ripple’s Future at Risk? SEC's Latest Move Raises Questions

Want to Know What's Next for XRP Price ?

#TheSEC #XRP #Crypto #CryptoNews

Click Below to Read This Interesting Article 👇
https://coinpedia.org/news/ripple-vs-sec-final-judgement-soon-sec-files-redacted-remedies-reply-brief/

#FTX creditors to receive 98% of claims in cash, 100% for other creditors, boosting market trust. #Crypto #CryptoNews

FTX's CEO commits to repaying creditors, analysts note surplus funds for complete #bankruptcy recovery.
https://coinpedia.org/news/ftxs-commitment-to-creditors-amended-plan-of-reorganization-filed/

Source : @CNBC

Gary Gensler on Ethereum.

Gary #Gensler had appeared on CNBC discussing #Ethereum, once more evading questions on whether Ethereum was a security.

Both #XRP and #ETH hadn't met security criteria. The real issue was the alleged misinformation provided to Congress by Gensler and the SEC. The debate should have shifted to addressing the integrity of information presented to legislative bodies.

#Crypto #CryptoNews

#Cryptocurrency narratives influence market sentiment, highlighting trends in #AI, gaming, #RWAs, and DPIN.

AI and #gaming sectors show promise; RWAs like Terra, Mirror, and DPINs like Secret Network gain traction. #cryptonews
https://coinpedia.org/news/ai-rwa-and-gaming-tokens-to-stack-right-now/

Whale accumulation in #XRP and Tellor(TRB) signals potential bullish trends, influencing market recoveries historically.

Increasing retail #investor participation in XRP, along with #AI sector innovations, drives potential price growth. #Crypto #CryptoNews
https://coinpedia.org/news/major-crypto-whales-are-stacking-these-altcoins/

SEC's sealed remedial reply brief release divides market, Ripple's strategy crucial amid #regulatory implications. #Ripple #XRP

Pro-XRP lawyer Bill Morgan scrutinizes SEC's claims, questions potential disgorgement, anticipates appeal avenues, and injunction scope. #Crypto
https://coinpedia.org/news/is-this-the-end-of-ripple-vs-sec-lawsuit-secs-redacted-remedies-reply-could-change-everything/

#Ripple's future hinges on #SEC ruling, especially regarding ODL(On-Demand Liquidity) transactions, pivotal legal milestone reached.

SEC's filing, due May 8, pivotal for ODL operations, potential penalties, and XRP's future trajectory. #CryptoNews
https://coinpedia.org/news/ripple-vs-sec-ripples-fate-in-judges-hands-what-to-expect/

Wytham Abbey, known as the "Effective Altruism Castle," is up for sale for £15 million near Oxford. It's a historic property with lots of space and a rich history.

There's been some controversy about how it was bought, but now it's on the market, and people are interested. #FTX #SBF #Crypto
https://coinpedia.org/news/ftx-linked-charity-foundation-lists-oxford-castle-wytham-abbey-for-sales-at-15m/

"PinkDrainer" escalated cyber theft, funneling $5.9 million through 5 addresses, evading detection, alarming #crypto security.

Phishing linked to PinkDrainer targets crypto users, causing substantial losses, prompting vigilance and security measures. #Cryptohack #Cryptonews
https://coinpedia.org/news/crypto-hacker-pinkdrainer-swaps-stolen-funds-worth-5-9m-through-5-addresses/