Hi!  Not fics per say but Chapter 64 of Colony by Halfmoonmagic deals with the issue!  We are not really a ficrec blog as of now, but I know this chapter by heart, and love the one-shots around it, that I was happy to send this your way! Enjoy!

HASH and TRUMP have lost the most value daily. Bitcoin’s relatively calm weekend price actions continued as the asset’s most significant gain came with a minor increase to $111,000, where it faced immediate resistance. Most larger-cap alts are with minor losses over the past day, led by HYPE, BCH, HBAR, ZEC, and TAO. BTC Stopped at $111K For Now The primary cryptocurrency began the business week…

The recovery rally in major cryptocurrencies gathered pace on Monday as Japanese shares surged to record highs and China’s third-quarter gross domestic product (GDP) data bettered estimates. Bitcoin BTC$111,373.90 topped $111,000, rising 3.7% in 24 hours after having hit a low of $103,602 last week, according to CoinDesk data. The broader market took cues from BTC, as usual, with major tokens…

#CryptoTrading #Bitcoin #price #111k #Trump

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SEC files to reduce LBRY’s multi-million dollar fine to $111K

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The U.S. Securities and Exchange Commission (SEC) aims to reduce a fine that it previously tried to impose on LBRY, according to a May 12 court filing.

SEC will reduce fine, enjoin LBRY

The SEC, with court permission, will withdraw its prior request for disgorgement and instead impose a civil penalty of $111,644.

The regulator intends to impose the reduced fine on the grounds that LBRY is defunct and will soon end operations, making it unable to afford the larger fine.

However, the SEC said that it would impose injunctions on LBRY, preventing it from conducting unregistered securities offerings at least until it destroys its LBC crypto holdings and dissolves. LBRY has not yet met those conditions, the SEC said.

The SEC added that LBRY’s illegal actions were “recurrent” and “egregious” and that it could continue to violate the law. LBRY’s lack of funds and its end as a legal entity could give the project and its members a “sense of impunity,” the SEC said.

LBRY previously requested reduced fine

The SEC initially filed its case against LBRY in March 2021 and won the case in November 2022. The regulator originally intended to impose a $22 million fine. LBRY asked for a lower fine in December 2022, leading to the latest reduction.

LBRY aimed to provide a blockchain-based file-sharing and video platform with social features and crypto payments. The LBRY app and website still exist.

The post SEC files to reduce LBRY’s multi-million dollar fine to $111K appeared first on CryptoSlate.

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Bitcoin drops to $11.1K as USD currency index frustrates BTC price

Bitcoin (BTC) fell 5% to retest $11,000 on Sept. 2 as fresh strength in the U.S. dollar currency index appeared to spell trouble.

Cryptocurrency market daily snapshot, Sept. 2. Source: Coin360

BTC/USD sees sharp $12,000 rejection

Data from Coin360 and Cointelegraph Markets showed BTC/USD shedding $850 in under 24 hours on Wednesday.

The move follows Bitcoin’s latest brief trip above $12,000…

Bitcoin Suddenly Plummets to $11.1k After Briefly Topping $12k

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Bitcoin was looking solid and bulls were in controlfor the most part of last week. In the early hours of Sunday, it was in the $12K highs. But in a few minutes, it all came crashing down. With it, Ethereum, XRP, and other top coins also crashed. Where Bitcoin came from a $12K high and straight to $11,184 support in under 10…