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President Joe Biden faces a looming deadline to decide the fate of the U.S. Securities and Exchange Commission's (SEC) controversial crypto rules. Both the House of Representatives and the Senate have passed a resolution to overturn the SEC's Staff Accounting Bulletin 121 (SAB 121), despite a prior veto threat from the White House.

The resolution now sits on President Biden's desk, awaiting his decision. He has until June 3 to either veto the resolution, sign it into law, or let it pass without action. If he chooses to veto, it would effectively end Congress' efforts to nullify SAB 121, as a two-thirds majority in each chamber would be required to override the veto.

Alternatively, President Biden could sign the resolution into law, nullifying SAB 121 and preventing the SEC from issuing a similar rule in the future. However, if he takes no action within the 10-day window and Congress is in session, the bill would automatically become law. If Congress is not in session, the bill could face a pocket veto.

In addition to overturning SAB 121, the House also passed the FIT21 Act, a bill aimed at establishing a regulatory framework for crypto assets. The Biden administration has expressed a willingness to work with Congress on developing a balanced framework for digital assets.

The deadline is fast approaching, and the crypto community eagerly awaits President Biden's decision.

Do you think he will veto the resolution, as threatened? Let us know your thoughts in the comments below.

#biden #JoeBiden

Bitcoin rises above $86,000 thanks to weak US jobs data

- Bitcoin climbed above the psychological level of $86,000 during the day.
- Cause: The US Nonfarm Payrolls payrolls report came in at only 29,000, far below expectations.
- Weak data reduces expectations that the Fed will raise interest rates in October, a positive factor for BTC.
- The RSS source has not yet provided further details.

#Bitcoin #BTC #CryptoNews #BinanceSquare

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Source: CoinGape

Circle calls on the EU to amend stablecoin reserve regulations during the MiCA review

- Circle proposes that the EU replace the minimum bank deposit requirement with more flexible liquidity rules.
- The company also wants to maintain the issuance of stablecoins across borders.
- The move comes as the EU reviews its MiCA regulations.
- The RSS source has not provided any further specific details.

#Circle #Stablecoin #MiCA #EU #CryptoNews BinanceSquare

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Source: CoinTelegraph

Bitcoin rises 2% after US jobs report

- BTC maintains its increase after the US jobs report for September
- BTC is up more than 2% in 24 hours, nearing $87,000
- Report: the US added 29,000 jobs, unemployment rose to 4.2%
#BinanceSquare #CryptoNews #BTC

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Source: CoinDesk

Circle calls on EU to amend stablecoin reserve rules under MiCA

- Circle proposes that the EU replace the minimum requirement for bank deposits with more flexible liquidity rules.
- The company also wants to maintain the ability to issue stablecoins across borders.
- This move comes as the EU reviews its MiCA regulations.
- The RSS source has not provided any further specific details.

#Circle #Stablecoin #MiCA #EU #CryptoNews BinanceSquare

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Source: CoinTelegraph

CEO BitGo warns market risks due to Clarity’s failure worse than Lehman

- BitGo CEO Mike Belshe warns that Clarity’s failure creates systemic risk
- A company acting as an exchange, broker, and custody provider poses significant risk
- The risk could be more severe than the explosion of Lehman Brothers
- Need to separate functions to reduce concentration risk
#BinanceSquare #CryptoNews #BitGo #Clarity #Lehman

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Source: The Block

BNB Chain surpasses $1 billion in tokenized stocks and ETFs

- Tokenized stocks and ETFs on BNB Chain reach $1.1 billion.
- The global tokenized stocks and ETFs market grows to $3.7 billion.
- BNB Chain’s market share is about 30%.

#BNBChain #TokenizedStocks #ETF #CryptoNews #BinanceSquare

$bnb

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Source: CoinTelegraph

DOGE surpasses Nike in 5 years: Performance comparison

- Dogecoin and Nike are compared for 5-year returns
- The article attracted community attention as DOGE outperformed Nike
#BinanceSquare #CryptoNews #DOGE

$doge

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Source: U.Today

BNB Chain surpasses $1B tokenized, ETFs, $3.7B market

• Tokenized stocks and ETFs on BNB Chain reach $1B.
• Total market reaches $3.7B.
• BNB Chain holds 30% market share.
#BinanceSquare #CryptoNews #BNB #TokenizedStocks #ETF

$bnb

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Source: CoinTelegraph

Chainlink rises 0.95% to $14.44, so $20 follows ETF liquidity for the next 3 days

- LINK +0.95% to $14.44 following the Bitcoin trend
- LINK gains >30% over the past month after CCIP 2.0, target $20
- LINK ETF keeps investing for the next 3 days
#BinanceSquare #CryptoNews #LINK #BTC #ETF

$link $btc

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Source: CoinGape

BNB Chain surpasses $1 billion in tokenized stocks and ETFs as the market reaches $3.7 billion

- Tokenized stocks and ETFs on BNB Chain reach $1.1 billion
- Total market reaches $3.7 billion
- BNB Chain accounts for about 30% of the market
#BinanceSquare #CryptoNews #BNB #TokenizedStocks #ETFs

$bnb

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Source: CoinTelegraph

🚨 Ethereum Volatility Alert: Buyers Completely Overwhelming!

Data cut-off time: 18:45 - 02/10/2026 (VN time)

📌 QUICK ANSWER
Conclusion: ETH is leaning toward an UPWARD trend.
Current price: ~$2748.33.
Confidence: 75%.
Market sentiment: Greed (72/100).

📊 DETAILED ANALYSIS

1. Technicals & Trend (Supporting the Buyers)
Short-term trend: Bullish.
Momentum indicators: RSI at 63.48, MACD at 13.79 → buying power is in control.
Daily trend: Bullish.

2. Derivatives & Liquidity (Reinforcing the Thesis)
Funding Rate: 0.01% → reinforces buying strength.
Long/Short ratio: 2.25 → buyers are dominating.

3. On-chain (Network Activity)
Glassnode recorded 493,649 active addresses, and CoinMetrics recorded 834,251 active addresses; Glassnode recorded 2,012,854 transactions, and CoinMetrics recorded 2,036,041 transactions. Network activity is strengthening the bullish thesis.

🎯 CONCLUSION & SCENARIOS

Base case: Price is currently around 2748.33 USD. Current signals continue to support the uptrend as long as no broad reversal occurs.

Risk point (Stay alert): Price or momentum may reverse after the data cut-off time.

Data sources: CoinGecko, Binance, CoinGlass, Glassnode, CoinMetrics, DefiLlama, Alternative.me.

⚠️ Disclaimer: Content is automatically compiled for information purposes only and is not investment advice. The market is highly volatile—please manage your risk independently.

Source: VLIKE Forum Market Analyst

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Cboe turns VIX into perpetual trading

- Cboe wants to convert VIX into nonstop trading
- First expected on 2/10/2026
- Impact on the risk market
- New opportunities for traders
#BinanceSquare #CryptoNews #VIX

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Source: CoinDesk

Bitcoin reserves are unmatched by Strategy, according to Ammous

- Author Saifedean Ammous, who wrote "The Bitcoin Standard", believes that competing Bitcoin reserves may be hard to match with Strategy.
- Strategy’s advantage comes from its large scale and abundant cash reserves.
- Strong scale and financial muscle create competitive barriers for rivals.

#BTC #Bitcoin #Strategy #BinanceSquare #CryptoNews

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Source: CoinTelegraph

Update: Bitcoin, gold and tech futures rise slightly ahead of U.S. jobs report

• Bitcoin is trading above $86,000
• Gold and technology futures increase
• Investors expect 90,000 new jobs in the U.S.
• The unemployment rate is expected to remain at 4.1%

#BinanceSquare #CryptoNews #BTC

$btc

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Source: CoinDesk

How Bitcoin funds can struggle to compete with Strategy, according to Ammous

- Strategy has a large scale and strong cash reserves, giving it a competitive advantage over Bitcoin funds.
- Saifedean Ammous, author of “The Bitcoin Standard”, believes this makes Bitcoin funds difficult to compete with.
#BinanceSquare #CryptoNews #BTC

$btc

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Source: CoinTelegraph

Bitcoin Treasury funds can be hard to match with Strategy

* Strategy has a scale advantage and holds cash reserves compared to other treasury competitors.
* Saifedean Ammous, author of "The Bitcoin Standard", believes that Bitcoin treasuries are unlikely to be comparable to Strategy.
* New Bitcoin-accumulating companies face competitive barriers in terms of financial resources.

#BinanceSquare #CryptoNews #BTC

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Source: CoinTelegraph

Aave increases volume by 68% despite the market correction

- The description does not specify a concrete reason
- Aave volume increases by 68% despite the market correction
#BinanceSquare #CryptoNews #AAVE

$aave

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Source: U.Today

CONNECT Seoul: Arthur Hayes talks about money printing, Wall Street moves onchain

- Arthur Hayes: printing money can push crypto prices up
- CONNECT Seoul speakers analyze Wall Street’s competitive advantages on the blockchain
- The RSS source has not provided further details

#BinanceSquare #CryptoNews #ArthurHayes #CONNECTSeoul #MoneyPrinting WallStreet Onchain

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Source: CoinTelegraph

Bitcoin Dominance 60%, USDT 6.3% - Crypto Market Shifts to High Risk

- Bitcoin dominance is approaching the 60% mark
- USDT falls to 6.3%, indicating the market is becoming more comfortable with risk
- Positive signs in traders’ “risk-on” sentiment
#BinanceSquare #CryptoNews #BTC #USDT #MarketTrend

$btc $usdt

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Source: CoinDesk