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Gary Gensler’s Imminent Resignation from the U.S. SEC 🤩 U.S. SEC Chair Gary #Gensler is reportedly stepping down soon, a development seen as a positive shift for the cryptocurrency industry. Many in the crypto community view Gensler’s resignation as potentially reducing #regulatory pressure, which could create a more favorable environment for digital assets and #growth in the sector. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Bhutan Deposits Over $33M in Bitcoin to Binance 🤩 The #Royal Government of Bhutan has transferred a total of 367.26 BTC, valued at $33.51 million, into Binance. The transaction includes two deposits: 365 BTC and 2.26 BTC, highlighting #Bhutan ’s active engagement in crypto assets. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Bitwise to Launch World’s First Aptos Staking ETP on SIX Swiss Exchange 🤩 Bitwise Asset Management is set to introduce the world’s first Aptos Staking #ETP , listed as #APTB , on the SIX Swiss Exchange on November 19. Aimed at both institutional and retail investors, the ETP offers direct exposure to the Aptos blockchain’s native token and generates a 4.7% staking yield, net of fees. Backed by top custodians, auditors, and #staking providers, APTB ensures security and accessibility within regulated European markets. Bitwise plans to expand APTB’s listing to other European exchanges, complementing its existing offerings for Bitcoin and Ethereum ETPs. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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BlackRock Brings Major Fund to Aptos, Boosting Its Role in Digital Finance 🚀 #BlackRock has expanded its USD Institutional Digital Liquidity Fund (BUIDL) to Aptos, a high-performance blockchain tailored for institutional finance. This move highlights Aptos’ growing role in tokenized assets, a market projected to reach $600 billion by 2030. With BUIDL, Franklin Templeton’s FOBXX, and Ondo Finance’s #USDY all live on Aptos, the platform is becoming a preferred choice for global financial institutions. Known for its speed, #security , and low fees, Aptos is establishing itself as a foundational Layer 1 blockchain for the future of finance, combining traditional financial stability with decentralized innovation. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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Could a New SEC Chair Boost Ether Price and Enable Staking Rewards for Spot ETH ETFs? 👀 The recent election of Donald #Trump , who aims to replace SEC Chair Gary Gensler, may reshape U.S. crypto regulation in ways that benefit Ethereum (ETH) and spot ETH ETFs. With a crypto-friendly SEC chair, analysts suggest spot ETH ETFs might offer staking rewards, potentially driving increased inflows and ETH price growth. The SEC under #Gensler enforced strict staking measures, impacting ETF performance. A new chair could ease these restrictions, attracting both institutional and retail investors through competitive #ETFs with staking yields. However, regulatory and political obstacles remain, as any new chair would face constraints and opposition in swiftly altering current policies. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
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