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SEC Chairman sued by 18 states!
Before the election, a16z partners had pointed the finger of blame for the chaos in the crypto industry directly at SEC Chairman Gensler.
There is a saying: God has his own way, and no one can escape it.
Now, with the crypto industry’s victory, 18 U.S. states have filed a lawsuit against the SEC and its commissioners, accusing them of overstepping their authority and unfairly persecuting the crypto industry under the leadership of agency head Gary Gensler.
The lawsuit, signed by 18 Republican attorneys general, details how the agency committed “serious governmental overreach” by regulating a $3 trillion industry through enforcement actions that infringe on states’ rights to regulate their economies.
There is a saying: God has his own way, and no one can escape it.
Now, with the crypto industry’s victory, 18 U.S. states have filed a lawsuit against the SEC and its commissioners, accusing them of overstepping their authority and unfairly persecuting the crypto industry under the leadership of agency head Gary Gensler.
The lawsuit, signed by 18 Republican attorneys general, details how the agency committed “serious governmental overreach” by regulating a $3 trillion industry through enforcement actions that infringe on states’ rights to regulate their economies.
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Polymarket's CEO was retaliated against, and Musk came to support him!
The prediction platform Polymarket can be said to have shined in the just-concluded US election.
In the past, the direction of many general elections was controlled by various polls and media, who could manipulate public opinion at will.
However, the emergence of prediction markets (casinos) such as Polymarket has torn off the underwear of traditional institutions.
Look at the picture that was predicted at the beginning. Isn’t it almost exactly the same as the one that was finally selected?
But before Trump took office as president, the FBI suddenly searched the New York home of Polymarket CEO Shayne Coplan.
(New York Post) "This is clear political retaliation by the outgoing administration against Polymarket for providing a market that correctly predicted the 2024 dent election," said an unnamed source.
In the past, the direction of many general elections was controlled by various polls and media, who could manipulate public opinion at will.
However, the emergence of prediction markets (casinos) such as Polymarket has torn off the underwear of traditional institutions.
Look at the picture that was predicted at the beginning. Isn’t it almost exactly the same as the one that was finally selected?
But before Trump took office as president, the FBI suddenly searched the New York home of Polymarket CEO Shayne Coplan.
(New York Post) "This is clear political retaliation by the outgoing administration against Polymarket for providing a market that correctly predicted the 2024 dent election," said an unnamed source.
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Official Announcement! Musk appointed as Dog Minister
Trump has just officially announced that Comrade Musk and Vivek Ramaswamy, born in 1985, will establish the Dog Department.
The full name of this department is DOGE (Department of Government Efficiency)
The following is the full text of Trump's statement:
The first paragraph mainly states that the main tasks of these two individuals are to eliminate bureaucratism, cancel excessive regulation, cut useless budgets, and reorganize government agencies.
It can be said to be the 'Development and Reform Commission' of Trump's reforms.
The second paragraph states that this plan is the 'Manhattan Project' of the new era, and Republicans have long anticipated the Dog Department, hoping it can help the White House and the Office of Budget Management achieve extensive structural reforms and inject entrepreneurial spirit into the government!
The full name of this department is DOGE (Department of Government Efficiency)
The following is the full text of Trump's statement:
The first paragraph mainly states that the main tasks of these two individuals are to eliminate bureaucratism, cancel excessive regulation, cut useless budgets, and reorganize government agencies.
It can be said to be the 'Development and Reform Commission' of Trump's reforms.
The second paragraph states that this plan is the 'Manhattan Project' of the new era, and Republicans have long anticipated the Dog Department, hoping it can help the White House and the Office of Budget Management achieve extensive structural reforms and inject entrepreneurial spirit into the government!
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I actually haven't participated in memes for quite a long time.
Recently, I've only participated in two, both of which have increased five times since the postings.
One is $PNUT that listed on Binance a few days ago, the other is $ban.
This round of memes has a win rate of 100%.
Recently, I've only participated in two, both of which have increased five times since the postings.
One is $PNUT that listed on Binance a few days ago, the other is $ban.
This round of memes has a win rate of 100%.
LIVE
Demir C Labs
--
On How to Discover Memes with a Market Value of 10 Billion Dollars
The original author of this article is Bruce, a well-known figure in the mining circle.
Before studying this topic, let's recap which memes have reached a market value of 10 billion dollars in history. There are only two: $DOGE and $SHIB.
These two coins have a few common points:
1. Neither project was founded by Chinese people, which is crucial.
The founder of Doge is @BillyM2k, an American; the founder of Shib is a Japanese person using the pseudonym Ryoshi.
Why can't it be a project founded by Chinese people?
It's not that our Eastern power is inadequate; in fact, Eastern power is very capable, very damn capable.
Whether it's #Bitcoin or #Ethereum, they were both propelled by Eastern power in their early stages. Even now, first and second-tier mainstream crypto exchanges began to grow significantly in mainland regions. Even today, Chinese users still constitute the mainstream in many exchanges, and this is supported by data.
Before studying this topic, let's recap which memes have reached a market value of 10 billion dollars in history. There are only two: $DOGE and $SHIB.
These two coins have a few common points:
1. Neither project was founded by Chinese people, which is crucial.
The founder of Doge is @BillyM2k, an American; the founder of Shib is a Japanese person using the pseudonym Ryoshi.
Why can't it be a project founded by Chinese people?
It's not that our Eastern power is inadequate; in fact, Eastern power is very capable, very damn capable.
Whether it's #Bitcoin or #Ethereum, they were both propelled by Eastern power in their early stages. Even now, first and second-tier mainstream crypto exchanges began to grow significantly in mainland regions. Even today, Chinese users still constitute the mainstream in many exchanges, and this is supported by data.
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33 Years of Crypto Wars
The original author of this article is Chao, reproduced with permission
In late autumn of 2024, Washington, D.C. Golden maple leaves are slowly falling from the sycamore trees of the White House. President Biden stands at the window of the Oval Office, looking at the city he is about to say goodbye to.
Thirty-three years ago, as a senator on Capitol Hill not far away, he proposed the famous S.266 bill. At that time, he would never have thought that this seemingly ordinary bill would become the fuse of a "crypto war" that lasted for more than 30 years. He would never have thought that this war would end with the victory of the cypherpunks at the last moment of his presidency.
In late autumn of 2024, Washington, D.C. Golden maple leaves are slowly falling from the sycamore trees of the White House. President Biden stands at the window of the Oval Office, looking at the city he is about to say goodbye to.
Thirty-three years ago, as a senator on Capitol Hill not far away, he proposed the famous S.266 bill. At that time, he would never have thought that this seemingly ordinary bill would become the fuse of a "crypto war" that lasted for more than 30 years. He would never have thought that this war would end with the victory of the cypherpunks at the last moment of his presidency.
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$PNUT is listed on Binance, I wonder if anyone has joined
LIVE
Demir C Labs
--
It was actually a squirrel that decided the fate of the United States!
The election situation was still very tense a few days ago. Trump, who was leading by a large margin, was likely to be reversed by Harris.
But the Democratic Party’s rising momentum in recent days was suddenly interrupted by a squirrel meme.
This squirrel is Peanut
Here's the whole story: this is no ordinary squirrel.
It is a famous squirrel with millions of fans on Tiktok:
The owner of this squirrel has raised it for 7 and a half years. He posts various interesting videos of the squirrel on a daily basis, such as this one:
But recently, this squirrel was reported for the blogger raising wild animals at home.
But the Democratic Party’s rising momentum in recent days was suddenly interrupted by a squirrel meme.
This squirrel is Peanut
Here's the whole story: this is no ordinary squirrel.
It is a famous squirrel with millions of fans on Tiktok:
The owner of this squirrel has raised it for 7 and a half years. He posts various interesting videos of the squirrel on a daily basis, such as this one:
But recently, this squirrel was reported for the blogger raising wild animals at home.
See original
The U.S. Treasury is preparing to issue on-chain U.S. government bonds.
The elections really had an immediate effect; crypto just won the U.S. elections, and the Treasury announced the news, eagerly wanting to issue official on-chain government bonds.
This article summarizes the Q4 report from the U.S. Treasury's Debt Management Office:
Let's start with the conclusion:
All assets will go on-chain; it’s just a matter of time, not whether it is allowed.
The government still needs to develop its own private permissioned chain; existing public chains are unlikely.
DTCC is likely to take on the responsibility of issuing on-chain assets.
Other projects can only participate in on-chain asset distribution
Now let's get to the point and see what the U.S. Treasury's report looks like:
This article summarizes the Q4 report from the U.S. Treasury's Debt Management Office:
Let's start with the conclusion:
All assets will go on-chain; it’s just a matter of time, not whether it is allowed.
The government still needs to develop its own private permissioned chain; existing public chains are unlikely.
DTCC is likely to take on the responsibility of issuing on-chain assets.
Other projects can only participate in on-chain asset distribution
Now let's get to the point and see what the U.S. Treasury's report looks like:
See original
$TON has indeed started to rebound~
But the magnitude is still not enough. If the Russia-Ukraine war stops,
will $TON skyrocket?
But the magnitude is still not enough. If the Russia-Ukraine war stops,
will $TON skyrocket?
LIVE
Demir C Labs
--
$BNB has finally started to rise.
Is $TON the next one to rise?
Is $TON the next one to rise?
See original
The future US Secretary of State is actually a veteran who entered the circle in 2017!
In this US election, the crypto industry is actually the biggest winner.
First of all, President Trump and Vice President Vance are both staunch supporters of encryption.
In both the House and Senate, the crypto industry also funded 58 members of Congress to run for election, 40 of whom were declared winners!
In this US election, corporate donations from the crypto industry accounted for half of all corporate donations!
The biggest financial sponsor with absolute advantage, no doubt about it!
So crypto is still very suitable for capitalism. It is indeed a place where money can work wonders.
Just now, the encryption industry has revealed new good news~
Trump's official news Twitter suggested that Tulsi Gabbard be the Secretary of State for the new administration. This is an absolutely powerful figure in the United States.
First of all, President Trump and Vice President Vance are both staunch supporters of encryption.
In both the House and Senate, the crypto industry also funded 58 members of Congress to run for election, 40 of whom were declared winners!
In this US election, corporate donations from the crypto industry accounted for half of all corporate donations!
The biggest financial sponsor with absolute advantage, no doubt about it!
So crypto is still very suitable for capitalism. It is indeed a place where money can work wonders.
Just now, the encryption industry has revealed new good news~
Trump's official news Twitter suggested that Tulsi Gabbard be the Secretary of State for the new administration. This is an absolutely powerful figure in the United States.
See original
Fortunately, it only dropped by 25 basis points.
Now, if the sentiment drops by 50 basis points, Bitcoin will directly break 80,000~
Don’t release the positive news too concentratedly, save some and release it slowly later😃
Now, if the sentiment drops by 50 basis points, Bitcoin will directly break 80,000~
Don’t release the positive news too concentratedly, save some and release it slowly later😃
See original
When will the SEC chairman be replaced?
The Republican Party won a big victory in the election yesterday. Not only did Trump win the presidency, but he also won the Senate. The House of Representatives is now also in the lead~
The biggest contributors to the successful restoration of the country by Tongzhi were:
Comrade Ma Baoguo, the first-class Duke of the Patriotic Army, the Minister of the Prime Minister's Office of Efficiency, the Grand Secretary of the Twitter Palace, the Governor-General of Mars!
Some are happy while others are sad. After the election, the person the crypto community is most concerned about may be SEC Chairman Gary Gensler:
The first promise Trump made to the crypto community at the Bitcoin conference was to fire SEC Chairman Gary Gensler, the public enemy of the crypto industry, on his first day in office.
The biggest contributors to the successful restoration of the country by Tongzhi were:
Comrade Ma Baoguo, the first-class Duke of the Patriotic Army, the Minister of the Prime Minister's Office of Efficiency, the Grand Secretary of the Twitter Palace, the Governor-General of Mars!
Some are happy while others are sad. After the election, the person the crypto community is most concerned about may be SEC Chairman Gary Gensler:
The first promise Trump made to the crypto community at the Bitcoin conference was to fire SEC Chairman Gary Gensler, the public enemy of the crypto industry, on his first day in office.
See original
First meritorious minister of Lingyan Pavilion, First Class Duke of Protecting the Nation, Minister of Government Efficiency Affairs, Grand Scholar of Twitter Palace, Governor of Mars, Imperial Brother
Ma Baoguo
Ma Baoguo
See original
Trump's Presidency: Three Major Points of Surge
Congratulations to Trump for winning the election:
Many of our friends in the crypto industry must be overjoyed; cryptocurrencies are generally surging~
But as the saying goes, outsiders watch the excitement while insiders watch the details. Our friends in the crypto industry can focus on three key points:
Point 1: Who will replace the SEC chairman?
As the saying goes, 'A new emperor brings new ministers.' Since Trump wants to end the Democratic Party's illegal repression of the crypto industry, he certainly cannot continue to employ the previous administration's fool, right?
As early as July of this year, Trump stated that if he wins the election, "on the first day of taking office, he will remove SEC Chairman Gary Gensler and replace him with another candidate who 'likes' cryptocurrencies," and ensure that the U.S. becomes the global 'cryptocurrency center.'
Many of our friends in the crypto industry must be overjoyed; cryptocurrencies are generally surging~
But as the saying goes, outsiders watch the excitement while insiders watch the details. Our friends in the crypto industry can focus on three key points:
Point 1: Who will replace the SEC chairman?
As the saying goes, 'A new emperor brings new ministers.' Since Trump wants to end the Democratic Party's illegal repression of the crypto industry, he certainly cannot continue to employ the previous administration's fool, right?
As early as July of this year, Trump stated that if he wins the election, "on the first day of taking office, he will remove SEC Chairman Gary Gensler and replace him with another candidate who 'likes' cryptocurrencies," and ensure that the U.S. becomes the global 'cryptocurrency center.'
See original
Related to currency price! The election results are about to be announced~
Many people are concerned about when the results of the U.S. election will come out~
At midnight Eastern Time on November 5, it officially entered 'Election Day'
Theoretically, after this day, the candidate for the next president of the United States can be confirmed~
But because the election situations have been quite intense in recent presidential elections, there are often delays in announcing the election results.
For example, during the last election with Biden vs. Trump, the election day was set for November 3 (also a Tuesday), but the announcement of Biden's victory was delayed until November 7.
At that time, there was a famous saying in Henan dialect: 'Biden, whether you wait or not, it's still Biden'
At midnight Eastern Time on November 5, it officially entered 'Election Day'
Theoretically, after this day, the candidate for the next president of the United States can be confirmed~
But because the election situations have been quite intense in recent presidential elections, there are often delays in announcing the election results.
For example, during the last election with Biden vs. Trump, the election day was set for November 3 (also a Tuesday), but the announcement of Biden's victory was delayed until November 7.
At that time, there was a famous saying in Henan dialect: 'Biden, whether you wait or not, it's still Biden'
See original
It was actually a squirrel that decided the fate of the United States!
The election situation was still very tense a few days ago. Trump, who was leading by a large margin, was likely to be reversed by Harris.
But the Democratic Party’s rising momentum in recent days was suddenly interrupted by a squirrel meme.
This squirrel is Peanut
Here's the whole story: this is no ordinary squirrel.
It is a famous squirrel with millions of fans on Tiktok:
The owner of this squirrel has raised it for 7 and a half years. He posts various interesting videos of the squirrel on a daily basis, such as this one:
But recently, this squirrel was reported for the blogger raising wild animals at home.
But the Democratic Party’s rising momentum in recent days was suddenly interrupted by a squirrel meme.
This squirrel is Peanut
Here's the whole story: this is no ordinary squirrel.
It is a famous squirrel with millions of fans on Tiktok:
The owner of this squirrel has raised it for 7 and a half years. He posts various interesting videos of the squirrel on a daily basis, such as this one:
But recently, this squirrel was reported for the blogger raising wild animals at home.
See original
On How to Discover Memes with a Market Value of 10 Billion Dollars
The original author of this article is Bruce, a well-known figure in the mining circle.
Before studying this topic, let's recap which memes have reached a market value of 10 billion dollars in history. There are only two: $DOGE and $SHIB.
These two coins have a few common points:
1. Neither project was founded by Chinese people, which is crucial.
The founder of Doge is @BillyM2k, an American; the founder of Shib is a Japanese person using the pseudonym Ryoshi.
Why can't it be a project founded by Chinese people?
It's not that our Eastern power is inadequate; in fact, Eastern power is very capable, very damn capable.
Whether it's #Bitcoin or #Ethereum, they were both propelled by Eastern power in their early stages. Even now, first and second-tier mainstream crypto exchanges began to grow significantly in mainland regions. Even today, Chinese users still constitute the mainstream in many exchanges, and this is supported by data.
Before studying this topic, let's recap which memes have reached a market value of 10 billion dollars in history. There are only two: $DOGE and $SHIB.
These two coins have a few common points:
1. Neither project was founded by Chinese people, which is crucial.
The founder of Doge is @BillyM2k, an American; the founder of Shib is a Japanese person using the pseudonym Ryoshi.
Why can't it be a project founded by Chinese people?
It's not that our Eastern power is inadequate; in fact, Eastern power is very capable, very damn capable.
Whether it's #Bitcoin or #Ethereum, they were both propelled by Eastern power in their early stages. Even now, first and second-tier mainstream crypto exchanges began to grow significantly in mainland regions. Even today, Chinese users still constitute the mainstream in many exchanges, and this is supported by data.
See original
The so-called meme super cycle is the disillusionment phase of crypto.
According to the technology maturity curve, our crypto industry's technological development stage has roughly reached the disillusionment phase:
When a new entity appears, it triggers the innovation trigger phase, also known as the dawn period.
A notable feature of this period is that there won't be too many participants.
If the grandpas and grandmas on the street know about something, how could it possibly be in the dawn phase?
The peak of over-expectation follows the dawn period.
A typical feature of our crypto industry entering the peak phase is the plethora of narratives, such as public chains/Gamefi/Defi, etc.
When a new entity appears, it triggers the innovation trigger phase, also known as the dawn period.
A notable feature of this period is that there won't be too many participants.
If the grandpas and grandmas on the street know about something, how could it possibly be in the dawn phase?
The peak of over-expectation follows the dawn period.
A typical feature of our crypto industry entering the peak phase is the plethora of narratives, such as public chains/Gamefi/Defi, etc.
See original
Haha, the pancake $BTC indeed surged past the $70,000 mark!
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Demir C Labs
--
Musk Issues a Serious Warning: The U.S. Debt Bomb Will Propel Bitcoin Beyond Gold!
According to (Forbes) reports, Musk stated at a recent gathering that the $35.7 trillion debt bomb could very likely skyrocket Bitcoin's price to a market value similar to gold.
Currently, the U.S. government's annual expenditure reaches 6 trillion dollars, with more than 1 trillion spent just on interest payments for national debt.
Musk warns that this could lead to the U.S. government 'going bankrupt.'
Recently, the Federal Reserve further released news about interest rate cuts; every debt crisis has been resolved by releasing liquidity.
The Federal Reserve's interest rate cut cycle has actually been quite clear; first, it cut 50 basis points in September, and Powell later stated that there would be two more cuts of 50 basis points by the end of the year.
Currently, the U.S. government's annual expenditure reaches 6 trillion dollars, with more than 1 trillion spent just on interest payments for national debt.
Musk warns that this could lead to the U.S. government 'going bankrupt.'
Recently, the Federal Reserve further released news about interest rate cuts; every debt crisis has been resolved by releasing liquidity.
The Federal Reserve's interest rate cut cycle has actually been quite clear; first, it cut 50 basis points in September, and Powell later stated that there would be two more cuts of 50 basis points by the end of the year.
See original
Musk Issues a Serious Warning: The U.S. Debt Bomb Will Propel Bitcoin Beyond Gold!
According to (Forbes) reports, Musk stated at a recent gathering that the $35.7 trillion debt bomb could very likely skyrocket Bitcoin's price to a market value similar to gold.
Currently, the U.S. government's annual expenditure reaches 6 trillion dollars, with more than 1 trillion spent just on interest payments for national debt.
Musk warns that this could lead to the U.S. government 'going bankrupt.'
Recently, the Federal Reserve further released news about interest rate cuts; every debt crisis has been resolved by releasing liquidity.
The Federal Reserve's interest rate cut cycle has actually been quite clear; first, it cut 50 basis points in September, and Powell later stated that there would be two more cuts of 50 basis points by the end of the year.
Currently, the U.S. government's annual expenditure reaches 6 trillion dollars, with more than 1 trillion spent just on interest payments for national debt.
Musk warns that this could lead to the U.S. government 'going bankrupt.'
Recently, the Federal Reserve further released news about interest rate cuts; every debt crisis has been resolved by releasing liquidity.
The Federal Reserve's interest rate cut cycle has actually been quite clear; first, it cut 50 basis points in September, and Powell later stated that there would be two more cuts of 50 basis points by the end of the year.
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$BTTC is a token that will give you a million
in $. Is token investors needed to have with some small amount of $3 and you will have it a million of it.
prediction for $BTTC is $ 0.05
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