📌 #Bitcoin reaches 27k levels again After the "pump and dump" of September 19, today Bitcoin is rising again, surprising many. And it is no wonder since Bitcoin along with other assets seem to react to the good macroeconomic data from the United States, among them the GDP for the second quarter grew 1.7% year-on-year while personal consumption expenditures (PCE) for August are within The expectations. After the presentation by Gary Gensler of the SEC to testify yesterday before the United States Congress, he left more doubts than concrete answers about Bitcoin, which resulted in the market not moving in that period. However, nothing has been said yet, perhaps it is preparing for a new level and liquidating both long and short positions. What will be the next level of Bitcoin? #Criptomonedas #crypto #crypto2023 $BTC

Do Kwon's Defense Declares SEC's Deposition Request 'Impossible' Amid Ongoing Detention Saga Do Kwon's legal team argues that the SEC lacks the capacity to depose him and deems it "impossible." They also believe the SEC's bid for a preclusion order is premature since no summary judgment motion has been submitted by either side, and the deadline for such motions is a month away. In a document filed on September 22, 2023, it was revealed that the SEC is seeking permission to interrogate Do Kwon, the former CEO of Terraform Labs. However, Kwon's legal counsel submitted another document on September 27, asserting that such a request is "impossible" due to Kwon's detention in Montenegro with no scheduled release or extradition date. They argue that the SEC's motion should be denied because it would be impossible for Kwon to appear for a deposition. Kwon's lawyers emphasize that he has already undergone extensive questioning, including a 21-hour discussion with the SEC during their two-year probe. They believe the SEC's motion relies on misrepresentations about irrelevant evidence to support its claim of difficulty in obtaining discovery from Kwon. Kwon has faced legal issues related to the collapse of the Terra blockchain ecosystem and the UST de-pegging incident, leading to extradition requests from South Korea and the United States.