GM Brew Crew, you know that friend who always tries to assist you with the 12/10 girl that’s totally out of your league? That’s like us: we believe in you and always got your back. Let’s dive in ⬇️

On the menu today:

• PROMETHEUM SNUGGLES UP TO SEC: SPARKING MYSTERY 🕵️‍♂️

• ETHERUEM STAYS RESILIENT DESPITE AWS OUTAGE 👏

• BLACKROCK TURNING BULLISH ON $BTC EXPOSURE 👀

Today’s Charts:

PROMETHEUM SNUGGLES UP TO SEC: SPARKING MYSTERY🕵️‍♂️

Prometheum, a little-known crypto company, garnered attention when its co-founder Aaron Kaplan made controversial statements during a testimony before a US House Committee on crypto regulation.

• In contrast to Coinbase and other players in the crypto industry, Kaplan's testimony aligns with the SEC in advocating for crypto regulation within existing securities laws.

• Kaplan praised the SEC as the world's most capable regulatory agency and that their frameworks for crypto regulation are obvious. Kaplan also asserted that unregulated crypto exchanges and custodians are reckless and unlawful.

• Social media is abuzz with theories surrounding Prometheum, linking the company to the Chinese Communist Party. Additionally, the presence of former SEC and FINRA staffers on Prometheum's team has been noted.

ETHERUEM STAYS RESILIENT DESPITE AWS OUTAGE 👏