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Jito (JTO): Built on the Solana ecosystem, the Jito network is one of the major contributors through its JitoSOL liquid staking pool. JTO gives its users access to make decisions in the protocol to make sure the protocol evolves to stay updated as per the latest market sentiments, making it an important project on this protocol. Despite the JTO price displaying a negative trend over the weekend, the altcoin is predicted to gain significant attention from the market in the coming days as the price action of the price of Bitcoin highly influences it. #HotTrands #jito #BTC #Write2Earn

Jito (JTO):

Built on the Solana ecosystem, the Jito network is one of the major contributors through its JitoSOL liquid staking pool. JTO gives its users access to make decisions in the protocol to make sure the protocol evolves to stay updated as per the latest market sentiments, making it an important project on this protocol.

Despite the JTO price displaying a negative trend over the weekend, the altcoin is predicted to gain significant attention from the market in the coming days as the price action of the price of Bitcoin highly influences it.

#HotTrands #jito #BTC #Write2Earn

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Russian Law to Change Nation’s Crypto Mining Sector? It appears that the mining bill will be bundled with proposed crypto regulation that would effectively ban crypto exchanges from operating in Russia. Certain exceptions will be made for companies operating in a Central Bank-supervised sandbox. However, the bank appears to have made this concession exclusively for international trade firms that use crypto in place of USD in international trade deals. Industrial miners, it appears, may also be allowed access to these Moscow-controlled exchanges under the new proposals. But they will only be allowed to use these platforms to sell their tokens. Gorelkin explained that the new bill proposes that “only Russian firms and business operators who have obtained permission” will be allowed to continue mining. Lawmakers have previously said they hope the bill will be adopted in the coming weeks, and that it will come into force on September 1. Permit System to Roll Out Gorelkin added that “individuals who do not exceed energy consumption limits established by the government” would be free to mine coins “without applying for permits.” This would be a step back from previous efforts to ban all forms of non-industrial crypto mining However, it remains to be seen what the proposed energy consumption caps would be. Russian energy providers have been cracking down on illegal mining operations in recent months, an indication that their tolerance threshold for home-based miners may already be low. Industrial miners will also be obliged to provide reports on their activities to Rosfinmonitoring, the nation’s anti-money laundering agency. #Binance #bitcoin
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Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume Circle stablecoin, USDC had achieved an important milestone in the stablecoin market surpassing Tether’s USDT in transaction volume, according to data released by Visa on April 29 through a partnership with Allium Labs USDC Stablecoin Recorded $456 billion in transaction volume The adjusted stablecoin metric data reveals that Circle’s USDC stablecoin has been gaining market share, recording a transaction volume of $456 billion last week compared to Tether’s USDT at $89 billion USDC stablecoin also accounted for a 50% share of total transactions since January The data report did not specify the reasons behind the surge in USDC transaction volume however Despite the increase in USDC transaction volume, Tether is still the dominant force in the stablecoin market. The USDT stablecoin accounts for over 68% of the market share with a market cap of over $100 billion Crypto analyst Noelle Acheson exclusively offered Bloomberg an insight into USDC’s meteoric rise in transaction volume, noting that USDT is primarily held outside the US as a dollar-based store of value. In contrast, USDC stablecoin is predominantly used within the US as a transaction currency USDC Stablecoin Continues Growth Rebound After 2023 US Banking Setback The increase in USDC volumes follows a series of back-to-back stablecoin adoption. Stripe, a major player in digital payments reintroduced cryptocurrency payments recently, with a specific focus on USDC stablecoin. The USDC payment integration would launch in the summer of 2024 Stripe’s announcement, coupled with PayPal’s launch of its stablecoin PYUSD and Shopify’s acceptance of stablecoin payments, indicates a growing adoption of USDC and other stablecoin assets in mainstream transactions Meanwhile, Binance converted its $1 billion Secure Asset Fund for Users (SAFU) to USDC stablecoin on April 18 in a bid to bolster the fund’s reliability and ensure SAFU balance value remains the same despite market volatility #bitcoin #solana
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SEC And Gary Gensler Believed Ether Was A Security For At Least A Year, New Court Docs Reveal The United States Securities and Exchange Commission (SEC) and its Chair Gary Gensler appear to have believed Ether (ETH) was a security for at least a year-long period, according to Monday findings. According to a complaint made by Consensys Software Inc., the SEC Director of Enforcement Gurbir Grewal launched an investigation into “Ethereum 2.0” on March 28, 2023, over “possible offers and sales, since at least 2018, of “certain securities, including, but not limited to ETH, as to which no registration statement was or is in effect … and for which no exemption was or is available.” SEC And Gary Gensler Thought ETH Was A Security The filing seemingly contradicts the federal agency’s prior stance on ETH, which included approving ETH Future ETFs in October 2023. Gensler, who has previously stayed quiet over the ETH’s classification status, has long faced scrutiny for the agency’s regulation-by-enforcement approach. Most notably, in June 2028, the SEC’s then-Director of Corporation Finance, Bill Hinman, gave an infamous speech alleging that ETH was not a security. “The SEC staff has communicated to Consensys that the agency is investigating whether Consensys’ current offers and sales of ETH — transactions carried out from its own holdings as part of its normal treasury operations — are securities transactions,” the filing read. “And the staff recently requested that Consensys make a “proffer” to the SEC to state why Consensys believes its ETH sales are not securities transactions.” #bitcoin #solana
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best Meme coin in 2024 7. Clair Meme — AI-Powered Meme Coin Avatars for Full Metaverse Integration Clair Meme is the latest meme coin with massive potential to explode this year. After the launch of its first ICO, the Clair Meme token raised thousands of dollars in the first few minutes.  The development team behind the project is hoping the coin goes viral. However, Clair is more than a meme coin. The Clair eco-system allows token holders to devise their own meme coins which can then be used as avatars in the metaverse. Moreover, with the integration of AI programming, you are also able to give your avatar a voice and use it to engage, compete, and earn with others in the metaverse Clair makes use of a profitable burn mechanism which seems 5% of the total supply burnt each quarter to help token scarcity and ensure price discovery. Out of the total supply of 100 billion tokens, just 1% is available for presale. Clair has been built on the Ethereum blockchain and so you can purchase the token with ETH, USDT, or USDC. For all the latest information be sure to follow Clair on Twitter and Telegram. Presale StartedApril 2023Purchase Methods ETH, USDT, USDCChainEthereumMin InvestmentNoneMax InvestmentNone #Memecoins🤑🤑 #solana
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Shi 6. Shiba Shootout (SHIBASHOOT) — Best Wild West-Themed Meme Coin Shiba Shootout is a Wild West-themed meme coin, aimed at both short-term traders and long-term stakers. It offers an immersive narrative where players, depicted as cowboys, engage in battles and quests within a digital frontier town led by characters like Marshal and Shiba Sharpshooters. This lore translates into unique utilities such as Cactus Staking, Campfire Tales, and Lucky Lasso Lotteries, making it more than just a typical meme coin. Shiba Shootout differentiates itself with a strong community focus and a distinctive, engaging theme. The presale of Shiba Shootout has kicked off with 35% of its total 2.2 billion token supply available. This initial offering is a critical phase for gauging market interest and community engagement. Aside from the presale, the token allocation includes portions for community rewards, liquidity provisions, marketing, and project development, ensuring a balanced distribution that supports both growth and functionality. Presale StartedApril 2023Purchase Methods ETH, USDT, BNB, CardChainEthereumMin InvestmentNoneMax InvestmentNone #Shibalnu #solana
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