Good win tonight by the Denver Nuggets in the NBA Finals to go up 2-1 on the Miami Heat

️SEC attacks are a step toward digital currency adoption

Cardano founder Charles Hoskinson said that the SEC's case against Binance is motivated by the regulator's "political opposition" to the very existence of cryptocurrencies.

The SEC's attacks are a step in the implementation of "Checkpoint 2.0." The final step in this "program" will be the adoption and launch of a central bank digital currency, Hoskinson believes

#somee#hive#coinbase#bitcoin#sec#

Another SEC lawsuit after binance saga which had negative impact on crypto market, they have allegedly sue Coinbase exchange for operating as an unregistered security exchange.

When will the SEC end all this mind play games have no idea maybe these exchange need to start suing SEC for causing chaos in the market as well.

#awesme #somee #crypto #social

[Image source](https://www.instagram.com/p/CtMYPrQIKoK/?igshid=MzRlODBiNWFlZA==)

Recent News in Crypto

Binance.US raked in $410 million of revenue since inception, accounts show
5 minutes ago via theblock.co (https://cryptopanic.com/news/18524578/BinanceUS-raked-in-410-million-of-revenue-since-inception-accounts-show)➡

Stacks price outlook: What next for STX after going vertical?
5 minutes ago via coinjournal.net (https://cryptopanic.com/news/18524556/Stacks-price-outlook-What-next-for-STX-after-going-vertical)➡

How My Bitcoin Mining Firm Is Surviving Crypto Winter, Again
6 minutes ago via bitcoinmagazine.com (https://cryptopanic.com/news/18524554/How-My-Bitcoin-Mining-Firm-Is-Surviving-Crypto-Winter-Again)➡

Terra founder Do Kwon claims to have funded top Montenegro political party
14 minutes ago via protos.com (https://cryptopanic.com/news/18524569/Terra-founder-Do-Kwon-claims-to-have-funded-top-Montenegro-political-party)➡

Cumberland Scoops ETH Dips On Binance And Coinbase Following SEC Allegations
15 minutes ago via ethereumworldnews.com (https://cryptopanic.com/news/18524548/Cumberland-Scoops-ETH-Dips-On-Binance-And-Coinbase-Following-SEC-Allegations)➡

The SEC's assault on #crypto intensifies as it sets its sights on #Binance and #Coinbase. However, the motivation behind these actions seems to go beyond investor protection; it appears to be a desperate struggle to uphold a financial system that overwhelmingly favours the elite, rather than promoting fairness.

Ok someone explain the logic in this weeks crypto big chart swings...The SEC sues Binance on Monday and the markets tank...Then today, Tuesday, the SEC sues Coinbase and the market rallies ????? Where is the logic in today's rally ? The SEC, in my opinion, is not trying to facilitate a real solution to crypto but to punish since it sees it as more of a threat. Still not much logic this week in the Crypto markets movements. 15 minute BTC USDT chart from Trading view.

Graphic link
Coinbase is a well-known and prominent cryptocurrency exchange platform that was founded in 2012. It offers a user-friendly interface and a range of services for buying, selling, and storing various cryptocurrencies. Coinbase has gained a significant market share and has become one of the most recognized names in the cryptocurrency industry.
Several factors contribute to Coinbase's current success and potential for future growth:
User Base: Coinbase boasts a large and growing user base, which is a crucial factor for any exchange company. Its user-friendly interface and reputation for security have attracted both novice and experienced cryptocurrency investors.
Regulatory Compliance: Coinbase has prioritized regulatory compliance and has worked closely with regulatory authorities in different countries. This approach has helped establish trust among users and has positioned Coinbase favorably in terms of compliance with evolving regulations.
Range of Cryptocurrencies: Coinbase supports a wide range of cryptocurrencies, including popular ones like Bitcoin and Ethereum. By offering access to a diverse portfolio of digital assets, Coinbase has attracted a broad user base and has the potential to capture market share as new cryptocurrencies emerge.
Institutional Support: Coinbase has garnered support from major institutional investors, which provides credibility and financial backing. This support enhances the company's ability to expand its services and infrastructure.
Expansion Efforts: Coinbase has been proactive in expanding its services beyond the traditional exchange platform. It has launched products like Coinbase Pro for more advanced traders, Coinbase Custody for institutional clients, and Coinbase Wallet for secure storage of cryptocurrencies. These efforts indicate a strategic focus on diversification and innovation.
However, it's important to note that the cryptocurrency market is highly volatile and subject to rapid changes. Competition in the exchange industry is intense, with several other exchanges vying for market share. The success of Coinbase will depend on various factors, including its ability to adapt to evolving market trends, address security concerns, expand its product offerings, and maintain regulatory compliance.
While Coinbase has achieved significant growth and recognition in recent years, the landscape of the cryptocurrency industry is constantly evolving, and other exchanges may emerge or grow to challenge Coinbase's position.
Ultimately, whether Coinbase becomes the largest exchange company will depend on its ability to navigate these challenges, sustain its growth trajectory, and effectively capture market opportunities in the rapidly evolving cryptocurrency market.

3800m swimming done, pool & open water. Sunbathing time now

Great game 2 of the NBA Finals. Congrats to the Miami Heat on the win!

Biking to the gym, I am looking forward to do a sunbathing

I'm excited for game 2 of the Heat and Nuggets series for the NBA Finals.

The Heat are tough, but Denver might just be too good this year.

Congratulations to the Denver Nuggets for the game 1 win in the NBA Finals.

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Recent News in Crypto

Bitcoin dips under US$27,000, Ether falls, Litecoin leads winners, U.S. equities bounce back
16 minutes ago via forkast.news (">https://cryptopanic.com/news/18481908/Bitcoin-dips-under-US27000-Ether-falls-Litecoin-leads-winners-US-equities-bounce-back)

Ex-Coinbase Executive and His Brother Reach Settlement With SEC on Crypto Insider-Trading Charges
24 minutes ago via dailyhodl.com (">https://cryptopanic.com/news/18481910/Ex-Coinbase-Executive-and-His-Brother-Reach-Settlement-With-SEC-on-Crypto-Insider-Trading-Charges)

Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
1 hour ago via coindesk.com (">https://cryptopanic.com/news/18481864/Tether-Market-Cap-Climbs-to-All-Time-High-of-832B-Even-as-Stablecoin-Market-Sinks)

Best Crypto to Buy Now 1 June – IOTA, Litecoin, Stellar
1 hour ago via cryptonews.com (">https://cryptopanic.com/news/18481865/Best-Crypto-to-Buy-Now-1-June-IOTA-Litecoin-Stellar)

Bitcoin Millionaire Founder Found Dead After He Was Reported Missing
1 hour ago via bitcoinist.com (">https://cryptopanic.com/news/18481845/Bitcoin-Millionaire-Founder-Found-Dead-After-He-Was-Reported-Missing)

I think Denver wins the NBA Finals. Just a hunch, but I'm not positive :)