Episode Details

07th May: Crypto & Coffee at 8
👀 687 #BTC move after a decade 🟢 SEC delays Invesco Galaxy spot Eth ETF decision ❗ Philippines- Cryptocurrency Regulatory Framework ❗OKX has turned off the p2p function in Nigeria

👀 A mysterious holder has moved Bitcoin (BTC) worth nearly $44 million after receiving the coins over 10 years ago On Sunday, 687.33 BTC worth $43.7 million were moved after being dormant for a decade. The coins were initially received in January 2014 and have not been touched since. The current price of BTC at $63,467 means the investor has gained 7,228%. The transaction fee paid to move the coins was less than $2. Via Decrypt https://lnkd.in/dE-wzdmv The power of publicly verifiabilty!

🏦 The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Invesco US Galaxy’s application for a spot Ether exchange-traded fund (ETF), setting the next deadline for July 5th. This delay extends the review period by another 60 days to thoroughly assess the proposed ETF and related issues. The SEC has also deferred decisions on applications from other Ether ETF issuers, including BlackRock, Fidelity Investments, Franklin Templeton, Hashdex, and Ark 21Shares. Analysts had anticipated these delays, with recent downgrades in the odds of approval for ETFs, reflecting doubts about the SEC’s readiness to approve such products within the expected timelines. Filing by the SEC here https://lnkd.in/da49qvhY

🔴 Emilio B. Aquino, chairperson of the Philippines SEC, plans to introduce a cryptocurrency regulatory framework later in 2024. The aim is to protect Filipino crypto users. The SEC recently requested Apple and Google to remove Binance’s apps from their stores, arguing Binance lacks the necessary license. Aquino expects swift compliance from the tech giants, given their past responsiveness. https://lnkd.in/d_NkpiMJ
Important to note On April 19, the commission requested the removal of Binance applications from the app markets of Apple and Google in the Philippines.

❗ Santiment Feed disclosed that over 260,000 new Ethereum wallets were created between April 28 and April 29, the highest two-day network growth since October 8 and October 9, 2022. Twitter https://lnkd.in/dfM9KM8R

🚨 OKX has turned off the peer-to