THIS WEEK’S CRYPTO NEWS!

Here we go again! The SEC (US Securities and Exchange Commission) has lawsuits against Binance as well as Coinbase and I believe these lawsuits could really test the future of cryptocurrency in the USA; we’ll have to see how this goes. One thing is for sure though: the future of digital money has already been defined and established (in my opinion) even though the SEC seems to be flexing their muscles against these 2 crypto giants.

Part of my personal delight with Bitcoin (BTC) and the crypto platforms is that BTC was created as a way for people to send money over the internet without the interference of central banks. The intent was to provide an alternative payment system that would operate free of their control but that could be used just like regular money, except it’s digital. I don’t believe that I’m alone in appreciating this platform for all that it has brought to the table. So trying to crush them (just in case that’s the intent of the lawsuits) won’t work. There’s just already been too much progress made!

What else is new you ask? Well… Sam Bankman-Fried (remember him? He’s the ex-CEO of FTX) wants his case thrown out of court. He recently filed paperwork to have the government’s fraud charges against him thrown out. Of course, he has pleaded not guilty to the 13 charges so … umm… yeah… I’m guessing he has grounds to ask them to dismiss it. I mean … do you blame him?🤷🏾‍♀️

In more news, CryptoPotato dot com is reporting that ETH founder Vitalik Buterin in a blog post today, highlighted what he believes is “needed to implement each of his ideal improvements, which could include “deep changes from applications and wallets.” He has reported that ETH’s 3 transitions include “layer-2 scaling (rollups), enhanced wallet security (smart contract wallets), and improved privacy – for both standard funds transfer and other Ethereum applications.” 

Ooooh, can I tell you that I don’t know a whole lot about what he’s talking about, but I’ll stay tuned for sure? The thing about not knowing a whole lot of natural information yet having a relationship with the One Person Who does know everything and everyone, is that once He knows it, I have access to it!🙌🏾 And, I have access to it in a manner that I can easily understand! Glory be to the Most High God!

The Holy Spirit will make sure that we have the information we need at the time we need it. All we have to do is stay in touch with Him. Cultivate and keep that relationship with God’s Spirit, that enables us to check in with Him at any given moment, no matter where we are or what we need!

Be alert and stay safe, I’ll see you in back here in crypto spaces on June 30!🤪

Copyright ©2023 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post. The opinion expressed here is not investment advice – it is provided for informational purposes only.