The SEC is adopting more stringent compliance rules for large capital investors in the Treasury market, but some provisions appear to impact users of decentralized finance. On February 6, the U.S. Securities and Exchange Commission (SEC) adopted two rules mandating that market participants engaging in significant liquidity providing activities comply with regulatory obligations and federal financial laws by registering with a watchdog and joining a self-regulatory body. I did. First proposed in March 2022, the regulations aimed at strengthening Treasury market security include provisions related to crypto-asset securities. Once this bill goes into effect, Defi investors who provide more than…
Author: Crypto Flexs
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In testimony before the House Financial Services Committee, Treasury Secretary Janet Yellen highlighted the Biden administration’s economic performance and ongoing financial stability efforts, focusing on banking, climate change, cybersecurity, AI and digital assets. In testimony before the Financial Services Committee on February 6, 2024, U.S. Treasury Secretary Janet L. Yellen provided a comprehensive update on the state of the U.S. economy and the steps being taken to maintain financial stability. Secretary Yellen said she pointed to the historic recovery led by the Biden administration over the past three years, emphasizing strong GDP growth, significant reductions in inflation, and a healthy…
Monero (XMR), a leading privacy-focused cryptocurrency, saw its price drop significantly after Binance announced its upcoming delisting from the platform. Binance plans to delist Monero along with other tokens such as Aragon (ANT), Multichain (MULTI), and Vai (VAI) on February 20, 2024.With the delisting, Binance will remove all trading pairs associated with Monero, including Bitcoin, Ethereum, Tether, and Binance’s native coin, BNB. The exchange stated that all trading orders will be automatically removed after trading is suspended in each trading pair and withdrawals of these tokens will not be supported after May 20, 2024.Binance also mentioned the possibility of converting…
Solana’s TVL has soared, reflecting the growth of the DeFi ecosystem. SOL rose only 1% last month and market indicators remained weak. Solana (SUN) It’s been an optimistic month in terms of network activity, with a significant number of users being acquired. However, the same could not be said for the price action of the token, which was affected by weakness during this period. Solana’s network activity is increasing Artemis recently posted a tweet revealing the top blockchains by largest daily active users in the past month. Solana did not make it into the top three, dominated by Phantom (FTM),…
Posted 1 minute ago In ~ MicroStrategy said it purchased an additional 850 bitcoins in January for $37.2 million. by post says Michael Saylor, company founder and chairman.He also said in a message posted on social media platform X that the company currently holds a total of 190,000 bitcoins. Saylor also announced that MicroStrategy will discuss its fourth quarter financial results on Tuesday.The prices of the most popular cryptocurrencies by market capitalization seemed to see-saw throughout January due to the launch of several spot Bitcoin ETFs. At one point, the price of Bitcoin reached nearly $49,000, according to The Block’s…
MicroStrategy, a leading business intelligence and software company, continues its unwavering commitment to Bitcoin by purchasing an additional 850 BTC for a total cost of $37.2 million, Founder and Chairman Michael Saylor announced today.“We acquired an additional 31,755 Bitcoins since the end of the third quarter, marking the largest quarterly increase in Bitcoin holdings in the last three years and the 13th consecutive quarter we have increased our balance sheet,” said Andrew Kang, MicroStrategy’s Chief Financial Officer. “We added Bitcoin to our balance sheet,” he said. “We benefited from the significant rise in the price of Bitcoin in the fourth…
Citrea, Bitcoin’s First ZK Rollup, Emerges from Stealth – Chainwire housenewsroomCitrea, Bitcoin’s first ZK rollup, emerges from stealth. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access is necessary for the legitimate purpose…
On February 6, the U.S. Securities and Exchange Commission (SEC) extended the decision period for the Invesco and Galaxy spot Ethereum ETFs.The agency’s announcement specifically concerns Cboe BZX’s proposed rule changes that would allow the fund’s shares to be listed and traded.The SEC said the proposed rule changes were published in the Federal Register on November 8, 2023, for comment. The SEC subsequently extended the time period within which it can approve, disapprove, and approve, specifying a longer period for approval of December 13, 2023. or initiate proceedings for approval or disapproval.The agency’s latest filing indicates it has chosen the…
One analyst recently explained how a buy signal for XRP was formed on the weekly chart, which could lead to a long-lasting upward trend. XRP recently observed a TD sequential buy signal. new post At X, analyst Ali discussed a buy signal forming in the weekly price of XRP. The relevant indicator is the “Tom Demark (TD) Sequential”, a technical analysis tool to pinpoint possible reversal points in the price of any asset.advertising This indicator consists of two steps: The first stage is called “Setup” and lasts for 9 candles. At this stage, up to 9 candles with the same…