663454
$Pepeking
@pepekingx #663454
$pepeking coin is coming soon
https://x.com/pepekingx
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Over the past three days, over 922 million $USD long position liquidations have occurred across the market, largely due to $BTC falling from 63,000 $USD to 54,000 $USD (-14.3%).
However, this pales in comparison to the $1.56 billion USD long liquidated in just two days in April when $BTC moved from $70,000 $USD to $64,000 $USD (-8.6%).
Compare the long-term liquidation between these two periods, above all the liquidation parity between $BTC and $ETH:
July: 267 million USD $BTC, 236 million USD $ETH and 37 million USD $SOL
April: 387 million USD $BTC, 253 million USD $ETH and 78 million USD $SOL
However, this pales in comparison to the $1.56 billion USD long liquidated in just two days in April when $BTC moved from $70,000 $USD to $64,000 $USD (-8.6%).
Compare the long-term liquidation between these two periods, above all the liquidation parity between $BTC and $ETH:
July: 267 million USD $BTC, 236 million USD $ETH and 37 million USD $SOL
April: 387 million USD $BTC, 253 million USD $ETH and 78 million USD $SOL
Today, are you greedy or afraid?
Multicoin Capital donates $1 million Solana (SOL) to Republican crypto PAC
US court declares BNB and cryptocurrency are not securities
“The court held that the SEC could not prove that the buyers in the secondary transactions purchased BNB with the expectation of profit. Therefore, it cannot be considered that sales from the above transactions constitute securities offerings.”
The court held that the SEC's approach confused the issues and ignored US Supreme Court precedent. The SEC should have focused on the conditions surrounding each transaction. And whether those conditions make crypto trading a securities transaction or not.
“The court held that the SEC could not prove that the buyers in the secondary transactions purchased BNB with the expectation of profit. Therefore, it cannot be considered that sales from the above transactions constitute securities offerings.”
The court held that the SEC's approach confused the issues and ignored US Supreme Court precedent. The SEC should have focused on the conditions surrounding each transaction. And whether those conditions make crypto trading a securities transaction or not.
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