Best Twitter threads of the day – August 30th

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• Ripple’s legal team and SEC engage in war of words over lawsuit tactics

  TL;DR Breakdown Ripple’s Chief Legal Officer, Stuart Alderoty, criticized the SEC’s latest court filing as a “hypocritical pivot,” accusing the regulatory body of inconsistencies in its stance on cryptocurrency regulations. The SEC’s recent filing accuses Ripple Labs of intentionally prolonging the lawsuit to maintain public sales of XRP, a claim that has sparked outrage and allegations of hypocrisy from the Ripple community. Prominent defense lawyer James Filan and other legal experts have questioned the SEC’s sincerity in wanting to conserve judicial resources, pointing out that the SEC itself has been known for employing delay tactics in the case. Description Stuart Alderoty, Ripple’s Chief Legal Officer, has labeled the U.S. Securities and Exchange Commission’s (SEC) latest court filing as a “hypocritical pivot,” escalating tensions in the ongoing legal battle between the two entities. Alderoty took to social media to criticize the SEC’s recent submission, which aimed to reinforce its interlocutory appeal.  He pointed out what … Read more Stuart Alderoty, Ripple’s Chief Legal Officer, has labeled the U.S. Securities and Exchange Commission’s (SEC) latest court filing as a “hypocritical pivot,” escalating…

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• Crypto bull run predicted by Bernstein because of this

  TL;DR Breakdown A shift in the crypto market dynamics is evident with institutions, not retail investors, leading the next bull cycle. Despite temporary market stagnation, Bernstein’s Gautam Chhugani predicts a solid foundation for a transformative bull surge. A recent court ruling favored Grayscale, allowing it to convert its bitcoin trust into an ETF, briefly boosting Bitcoin’s price. Description The winds of change are sweeping through the cryptocurrency landscape. With the dust settling from Grayscale’s pivotal court victory against the SEC, there’s a palpable shift in the dynamics of the market. And it’s not just the casual trader who’s watching this space; the titans of institutional finance are taking center stage. The Rise of … Read more The winds of change are sweeping through the cryptocurrency landscape. With the dust settling from Grayscale’s pivotal court victory against the SEC, there’s a palpable shift in the dynamics of the market. And it’s not just the casual trader who’s watching this space; the titans of institutional finance are taking center stage. The Rise of the Institutions In previous years, the retail investor, the…

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• PolkaWorld halts operations amidst treasury funding rejection controversy

  TL;DR Breakdown The PolkaWorld community has made the decision to suspend its operations following the rejection of its funding proposal from Polkadot’s treasury.  PolkaWorld claimed that the new governance platform has negatively affected those who have been long-term contributors to the Polkadot ecosystem. The organization drew a comparison with the previous governance system, which featured a council elected by Polkadot token holders. Description The PolkaWorld community has made the decision to suspend its operations following the rejection of its funding proposal from Polkadot‘s treasury. This move comes after the organization raised concerns about the management of the treasury and criticized the impact of Polkadot’s new open governance platform, OpenGov, on long-term contributors within the Polkadot ecosystem. Funding rejection … Read more The PolkaWorld community has made the decision to suspend its operations following the rejection of its funding proposal from Polkadot‘s treasury. This move comes after the organization raised concerns about the management of the treasury and criticized the impact of Polkadot’s new open governance platform, OpenGov, on long-term contributors within the Polkadot ecosystem. Funding rejection sparks concerns In an…

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• Apple, Microsoft battle EU over iMessage and Bing

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• Avalanche price analysis: Avax drops to $14.46 as market conditions turn bearish

  TL;DR Breakdown Avalanche price analysis shows a bearish market sentiment. AVAX is trading at $14.46, down by 0.14% in the past 24 hours. Support and resistance levels are at $14.38 and $14.72, respectively. Avalanche price analysis highlights a bearish trend, with the price dropping to a low of $14.46 in the past 24 hours. This marks a decrease of 0.14% from its previous close of $14.48, indicating a selling sentiment among investors. The momentum is expected to extend further as the market trades in red territory. The resistance and support levels for Avalanche are placed at $14.72 and $14.38, respectively. The current trend is gaining momentum, and it is likely that the price will continue to dip as long as it trades below $14.72. A slight increase in prices may be expected above the support level of $14.38, which suggests a potential upside for investors who buy now and hold for the long term. Avalanche price analysis 24-hour chart: AVAX/USD bears take control The 24-hour chart for Avalanche price analysis shows that the bears have taken control of the market….

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