SEC Wants Four Months To Make A Recommendation On Coinbase’s Call For Crypto Clarity
The U.S. Securities and Exchange Commission (SEC) said Tuesday it had not decided whether it will reply to Coinbase’s rulemaking petition. The Wall Street regulator said it anticipates requiring four months to respond potentially and that the lawsuit against the San Francisco-based exchange is not inconsistent with any decision on rulemaking.
SEC Requests For More Time To Respond To Coinbase’s Rulemaking RequestThe U.S. SEC has said it needs 120 days to respond to Coinbase’s request that it adopt new rules and clarify which crypto assets should be regarded as securities.
In a June 13 filing, the Commission said it “has not decided what action to take on Coinbase’s rulemaking petition.”
The U.S. Securities and Exchange Commission (SEC) said Tuesday it had not decided whether it will reply to Coinbase’s rulemaking petition. The Wall Street regulator said it anticipates requiring four months to respond potentially and that the lawsuit against the San Francisco-based exchange is not inconsistent with any decision on rulemaking.
SEC Requests For More Time To Respond To Coinbase’s Rulemaking RequestThe U.S. SEC has said it needs 120 days to respond to Coinbase’s request that it adopt new rules and clarify which crypto assets should be regarded as securities.
In a June 13 filing, the Commission said it “has not decided what action to take on Coinbase’s rulemaking petition.”
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more than 148%, escalating from 164,195 wallets to a figure of 408,721 unique addresses.
Worldcoin’s Unique Addresses Soar 148%From July 24, 2023, to Saturday, August 5, Worldcoin’s native asset WLD has maintained a median average price of $2.41 per token over the course of the past 12 days. On that specific day, WLD achieved an unprecedented high of $3.30 per unit, only to witness a decline of 35.55% by August 5.
Conversely, WLD also touched an all-time low of $1.66 on July 24, but the price has since rebounded, climbing more than 27% from that low. In the week leading up to August 5, WLD’s value has eroded by 9.2% against the U.S. dollar, with 1.7% of that loss occurring on August 5 alone.
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more than 148%, escalating from 164,195 wallets to a figure of 408,721 unique addresses.
Worldcoin’s Unique Addresses Soar 148%From July 24, 2023, to Saturday, August 5, Worldcoin’s native asset WLD has maintained a median average price of $2.41 per token over the course of the past 12 days. On that specific day, WLD achieved an unprecedented high of $3.30 per unit, only to witness a decline of 35.55% by August 5.
Conversely, WLD also touched an all-time low of $1.66 on July 24, but the price has since rebounded, climbing more than 27% from that low. In the week leading up to August 5, WLD’s value has eroded by 9.2% against the U.S. dollar, with 1.7% of that loss occurring on August 5 alone.
What’s Next for Everlodge (ELDG), SHIB, and BNB as All Spot Bitcoin ETF Applications Get Postponed?
The cryptocurrency industry is waiting impatiently for the Securities and Exchange Commission (SEC) of the United States to rule on seven top applicants who want to start a Bitcoin ETF. How will established tokens like Shiba Inu (SHIB), Binance Coin (BNB), and the newcomer Everlodge (ELDG) react to this news? Keep reading to explore the implications of this delay and what the future may hold for these digital assets.
Shiba Inu (SHIB)Shiba Inu (SHIB), the meme coin that took the crypto world by storm, has seen tremendous growth and popularity. With an enthusiastic community, Shiba Inu has been trying to establish itself as more than just a meme.
A successful Bitcoin ETF approval could open the doors to institutional investment, providing a more robust foundation for Shiba Inu’s long-term growth. While the delay may have momentarily paused the Shiba Inu coin aspirations, the potential for a brighter future remains.
The cryptocurrency industry is waiting impatiently for the Securities and Exchange Commission (SEC) of the United States to rule on seven top applicants who want to start a Bitcoin ETF. How will established tokens like Shiba Inu (SHIB), Binance Coin (BNB), and the newcomer Everlodge (ELDG) react to this news? Keep reading to explore the implications of this delay and what the future may hold for these digital assets.
Shiba Inu (SHIB)Shiba Inu (SHIB), the meme coin that took the crypto world by storm, has seen tremendous growth and popularity. With an enthusiastic community, Shiba Inu has been trying to establish itself as more than just a meme.
A successful Bitcoin ETF approval could open the doors to institutional investment, providing a more robust foundation for Shiba Inu’s long-term growth. While the delay may have momentarily paused the Shiba Inu coin aspirations, the potential for a brighter future remains.
Stellar Lumen (XLM) Price Could Rally Further above $0.135
Stellar lumen price is trading above $0.130 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1240 support to rise further.
Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1120 level, Stellar Lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.1200 resistance zone to move into a positive zone.
The price even cleared the $0.1320 resistance and the 55 simple moving average (4 hours). The upward move was such that the price spiked to $0.1350 before the bears appeared. A high was formed near $0.1346 and the price is now consolidating gains.
Stellar lumen price is trading above $0.130 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1240 support to rise further.
Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1120 level, Stellar Lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.1200 resistance zone to move into a positive zone.
The price even cleared the $0.1320 resistance and the 55 simple moving average (4 hours). The upward move was such that the price spiked to $0.1350 before the bears appeared. A high was formed near $0.1346 and the price is now consolidating gains.
Bitcoin Surges Toward $30,000 As Market Dynamics Indicate Strong Momentum Ahead
Bitcoin continued to exhibit strength towards the weekend, pushing as high as $30,100 on Friday noon before recoiling slightly later in the day.
Notably, the remarkable rally came just hours after the U.S. Securities and Exchange Commission (SEC) unexpectedly dropped all charges against Ripple executives Brad Garlinghouse and Chris Larsen on Thursday. This unexpected turn of events injected an air of optimism into the cryptocurrency market with several other major cryptocurrencies also displaying impressive strength on Friday.
Bitcoin continued to exhibit strength towards the weekend, pushing as high as $30,100 on Friday noon before recoiling slightly later in the day.
Notably, the remarkable rally came just hours after the U.S. Securities and Exchange Commission (SEC) unexpectedly dropped all charges against Ripple executives Brad Garlinghouse and Chris Larsen on Thursday. This unexpected turn of events injected an air of optimism into the cryptocurrency market with several other major cryptocurrencies also displaying impressive strength on Friday.
U.S. Prosecutors Threaten 10-Year Jail Term for Ex-Binance CEO CZ — What’s Next?
U.S. prosecutors are ramping up pressure on former Binance CEO Changpeng Zhao, better known as CZ, as they consider seeking a maximum 10-year prison sentence for his involvement in financial violations. In a recent court filing on November 24, the prosecution signalled their intent to argue for the statutory maximum sentence in opposition to CZ’s plea against detention in the United States.
U.S. prosecutors are ramping up pressure on former Binance CEO Changpeng Zhao, better known as CZ, as they consider seeking a maximum 10-year prison sentence for his involvement in financial violations. In a recent court filing on November 24, the prosecution signalled their intent to argue for the statutory maximum sentence in opposition to CZ’s plea against detention in the United States.
Trader Issues Warning on Altcoins, Says Market Environment Shifting and Leaders Are Pulling Back
Widely followed crypto trader Altcoin Sherpa is warning that the recent strength in digital asset markets is due for a break.
The pseudonymous analyst tells his 204,000 followers on the social media platform X that while he remains long-term bullish, the overall trend for altcoins is starting to shift bearish on lower timeframes.
Widely followed crypto trader Altcoin Sherpa is warning that the recent strength in digital asset markets is due for a break.
The pseudonymous analyst tells his 204,000 followers on the social media platform X that while he remains long-term bullish, the overall trend for altcoins is starting to shift bearish on lower timeframes.
Meme Coin Update: Memeinator Hits $4.2m Ahead of Q1 Listing
As crypto markets grow and the number of new projects continues to grow, figuring out which will become the next big crypto becomes more challenging. Utility, a compelling narrative, and sound tokenomics are critical to an ICO’s chances of going viral in 2024. One new crypto project ticking all of these boxes is Memeinator, a brand-new meme coin with an explosive mission to complete.
As crypto markets grow and the number of new projects continues to grow, figuring out which will become the next big crypto becomes more challenging. Utility, a compelling narrative, and sound tokenomics are critical to an ICO’s chances of going viral in 2024. One new crypto project ticking all of these boxes is Memeinator, a brand-new meme coin with an explosive mission to complete.
AI Predicts When Shiba Inu Price Will Cross New All-Time High And What Will Drive It
In the dynamic world of crypto, predicting price movements can be challenging. Recently, Google’s advanced AI chatbot, Gemini, has stepped into the limelight by offering intriguing insights into the future price trajectory of Shiba Inu (SHIB), one of the hottest meme-based cryptocurrencies on the market.
Unveiling Gemini’s InsightsGemini’s predictions, revealed in a recent report, shed light on three potential scenarios for SHIB’s price by the end of 2024, providing crypto enthusiasts with multiple factors to consider.
The first scenario outlined by Gemini presents an optimistic outlook, suggesting that SHIB could rise to $0.0002 by December 2024. This projection implies a remarkable 400% increase from its current price, signalling the potential for SHIB to break through key resistance levels and reach new all-time highs.
In the dynamic world of crypto, predicting price movements can be challenging. Recently, Google’s advanced AI chatbot, Gemini, has stepped into the limelight by offering intriguing insights into the future price trajectory of Shiba Inu (SHIB), one of the hottest meme-based cryptocurrencies on the market.
Unveiling Gemini’s InsightsGemini’s predictions, revealed in a recent report, shed light on three potential scenarios for SHIB’s price by the end of 2024, providing crypto enthusiasts with multiple factors to consider.
The first scenario outlined by Gemini presents an optimistic outlook, suggesting that SHIB could rise to $0.0002 by December 2024. This projection implies a remarkable 400% increase from its current price, signalling the potential for SHIB to break through key resistance levels and reach new all-time highs.
New Viral Solana-based Memecoin Stooges Debuts $STOG Presale
Stooges, a community-driven memecoin on Solana, has exciting news to share! They have just announced the highly anticipated presale for $STOG coins, which will be available starting May 10 on Pinksale. BitMart Exchange, a prominent CEX, has officially announced the coin’s imminent listing, which is set to take place before its launch. After the announcement, the Stooges’ team saw increased interest from the cryptocurrency community. This was evident from the large number of users on X and Telegram eagerly anticipating the pre-sale.
Stooges, a community-driven memecoin on Solana, has exciting news to share! They have just announced the highly anticipated presale for $STOG coins, which will be available starting May 10 on Pinksale. BitMart Exchange, a prominent CEX, has officially announced the coin’s imminent listing, which is set to take place before its launch. After the announcement, the Stooges’ team saw increased interest from the cryptocurrency community. This was evident from the large number of users on X and Telegram eagerly anticipating the pre-sale.
SocialFi Application Friend.tech Leaving Base Blockchain in Move To Develop Own Network
SocialFi application protocol Friend.tech (FRIEND) says it’s leaving Coinbase’s Base chain to develop its own network.
In a new thread, the team behind the social finance platform says that it will be partnering up with Conduit, a firm that provides Ethereum (ETH) rollups, to work on Friendchain, its very own blockchain that will utilize FRIEND as its gas token.
SocialFi application protocol Friend.tech (FRIEND) says it’s leaving Coinbase’s Base chain to develop its own network.
In a new thread, the team behind the social finance platform says that it will be partnering up with Conduit, a firm that provides Ethereum (ETH) rollups, to work on Friendchain, its very own blockchain that will utilize FRIEND as its gas token.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Daily Inflows Into Spot Bitcoin ETF Soar to $422,670,000 in One Day To Hit a Six-Week High
New data reveals that daily inflows into spot market Bitcoin (BTC) exchange-traded funds (ETFs) have hit a six-week high.
According to data from crypto research platform SoSo Value, on July 16th, BTC ETFs saw over $422 million worth of inflows, the overwhelming majority of them coming from BlackRock’s IBIT ETF, which had a staggering $260.2 million.
New data reveals that daily inflows into spot market Bitcoin (BTC) exchange-traded funds (ETFs) have hit a six-week high.
According to data from crypto research platform SoSo Value, on July 16th, BTC ETFs saw over $422 million worth of inflows, the overwhelming majority of them coming from BlackRock’s IBIT ETF, which had a staggering $260.2 million.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Stablecoin Issuer Tether Has Reclaimed Over $108 Million for Victims and Law Enforcement Agencies
Tether, the firm behind the largest stablecoin by market capitalization, USDT, claimed it has helped victims of fraud and law enforcement agencies reclaim $108.8 million worth of USDT since its inception in 2014. The stablecoin issuer can track the flow of its asset, possessing the capability to block wallets from utilizing USDT gained through illicit activity.
In a statement issued on its website, Tether mentioned, “To date, Tether has assisted more than 145 enforcement agencies across 40 jurisdictions, redistributed more than $108,8 million in USDT to its rightful owners and law enforcement, and voluntarily blocked over 1,900 wallets connected to illicit activity in assisting law enforcement globally.”
Tether, the firm behind the largest stablecoin by market capitalization, USDT, claimed it has helped victims of fraud and law enforcement agencies reclaim $108.8 million worth of USDT since its inception in 2014. The stablecoin issuer can track the flow of its asset, possessing the capability to block wallets from utilizing USDT gained through illicit activity.
In a statement issued on its website, Tether mentioned, “To date, Tether has assisted more than 145 enforcement agencies across 40 jurisdictions, redistributed more than $108,8 million in USDT to its rightful owners and law enforcement, and voluntarily blocked over 1,900 wallets connected to illicit activity in assisting law enforcement globally.”