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🧵 5. Consensys, a key player in Ethereum ecosystem building dapps, issued a statement following the dismissal of the case.

🧵 4. MetaMask Swaps allows users to stake cryptocurrency, earn rewards. SEC alleges staking offers investors excessive risk and less protection.

🧵 3. Original lawsuit claimed SEC sought to regulate Ethereum as security contrary to its attributes. SEC later sued Consensys over MetaMask Swaps service.

🧵 2. Consensys had filed preemptive suit after SEC Wells notice on Ethereum wallet, alleging SEC internally viewed Ethereum as security.

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🧵 4. Currently, ETH/BTC trades at 0.03839 BTC ($2,386); analyst emphasizes the significance of breaking through the 0.04-0.041 BTC level for a move upwards.

🧵 3. Ethereum needs to flip a key resistance level at 0.04-0.041 BTC into support to break out against Bitcoin according to Van de Poppe.

🧵 2. Van de Poppe suggests Bitcoin may surge towards $65,000-$68,000 with possible FED rate cut on Wednesday; BTC currently trading at $62,307, up 3.9%.

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🧵 5. Though Sui has made significant strides, Pal emphasizes that its success relies on real-world applications that showcase the platform's capabilities.

🧵 4. Sui aims to revolutionize Web3 with scalable solutions for large-scale applications, from zero-knowledge logins to decentralized storage protocols.

🧵 3. Sui's breakout from an inverse head and shoulders pattern showcases its relative strength against Solana and top tokens, notes Pal.

🧵 2. Pal highlights Sui's bullish signals, tech upgrades & adoption growth, signaling its potential as a major player in the crypto space.

🧵 1. Consensys lawsuit against SEC dismissed by district judge over agency's actions not being "final," case deemed lacking in ripe controversy. #crypto

🧵 1. Analyst Michaël van de Poppe predicts Bitcoin could hit new ATHs in Oct if it holds above $58,500, sees potential 19% increase next month. #crypto

🧵 1. Macro guru Raoul Pal is bullish on Sui (SUI), a potential rival to Solana, calling it a key player in the new blockchain landscape. #crypto

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🧵 5. Launch of OKX's new app will strengthen consolidation between U.S. and non-U.S. exchanges, according to OKX CMO Haider Rafique in an interview. @decryptcrypto

🧵 4. New OKX app to offer ACH transfers alongside wire transfers, enhancing user convenience. Will be available in 41 states like predecessor app. @decryptcrypto