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Kraken’s lawyers said in a court document filed on Thursday that the agency has “not identified any investment contracts that were (or could be) traded, brokered, or settled on Kraken.” A hearing to discuss Kraken’s move to dismiss the SEC’s lawsuit is set for 2 p.m. ET on June 12.
Binance faces more regulatory issues from the govts of Nigeria and Canada, while BTC’s price calms around $63K.
The U.S. Dollar Index (DXY) has declined following a rise in U.S. jobless claims.The DXY downturn could benefit bitcoin and equity markets, analysts say.
Harvest Global CEO and CIO Tongli Han said he ‘doesn’t rule out’ applying to offer its bitcoin and ether ETFs via the Stock Connect scheme for mainland Chinese investors, according to a report.However, the program currently does not allow mainland investors to invest in crypto futures ETFs in Hong Kong, let alone spot crypto counterparts.
Toncoin is poised for a potential 20% increase in the upcoming weeks, mirroring a bullish fractal pattern previously observed in February 2024.
- 04:17Ronin launches a $10 million ecosystem funding fundChainCatcher News, the game blockchain Ronin announced on Twitter that it has launched a $10 million ecosystem funding fund to support developers and teams on Ronin. The single funding amount ranges from $20,000 to $300,000.
- 04:12Biden delivers farewell speech: Warns of the formation of "oligarchy politics" dominated by super-richU.S. President Biden delivered a farewell speech in the Oval Office on Wednesday. He warned Americans that power is dangerously concentrated in the hands of "a very small number of super-rich" and he fears this could impact American democracy. "Today, America is forming an oligarchy - extreme wealth, power, and influence are actually threatening our entire democracy, our basic rights and freedoms, and everyone's fair chance to move forward," said Biden, who was accompanied by his family and long-term aides. Biden expressed concern about the consequences if wealthy Americans use their influence to win tax cuts, revoke efforts to combat climate change, and reduce accountability. Biden compared it with former President Dwight Eisenhower's farewell speech where Eisenhower warned about the "military-industrial complex". Biden stated that the nation now faces threats from a "tech-industrial complex."
- 04:11Currently, there are 8 states in the United States leading the initiative to promote Bitcoin strategic reserve legislationAccording to ChainCatcher news and a report from Cointelegraph, currently, 8 states are leading the way in advancing Bitcoin strategic reserve bills. These states include: Florida Alabama New Hampshire Pennsylvania Ohio North Dakota Oklahoma Texas