Thinking Crypto
Thinking Crypto
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Bitcoin Shorts Decrease & Longs Increase - Grayscale DeFi & ETF - Huge SEC Ripple XRP Lawsuit News

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July 20, 2021

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Bitfinex whales have now closed 65% of their Bitcoin shorts and longs are at an all time high signaling bears have capitulated and a breakout upwards for Bitcoin is coming.

Grayscale's CEO Michael Sonnenshein went on CNBC to annouce their new DeFi fund and said a Bitcoin ETF is a matter of when not if.

Green Bitcoin miner Iris Energy is raising $200 million ahead of a public US stock listing.

Both legal teams for the SEC and Ripple have reached an agreement for the William Hinman deposition - "We have reached an understanding, reflecting a compromise by all parties, pursuant to which the Defendants may examine Mr. Hinman on various issues without triggering a privilege objection from the SEC."

Brad Garlinghouse and Chris Larsen's lawyers updated -- individual Defendants file letter and Peirce & Roisman statement as supporting Motions to Dismiss amid "significant regulatory uncertainty regarding when digital assets may be classified as securities by the SEC."

John Deaton Interview

SEC Hester Pierce Interview

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#Bitcoin #DeFi #XRP #Ripple #Crypto #BitcoinMining #BitcoinETF #Cryptocurrency #SEC

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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

Guests & Subjects Covered

Huge SEC Ripple XRP Lawsuit NewsGrayscale's CEO Michael SonnensheinBitcoin ETFGreen BitcoinIris EnergyWilliam HinmanMr HinmanSEC Brad Garlinghouse

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