📰 PANews On July 10, Senator Dr. Roger Marshall talked about the power struggle between the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC). 🤔 Determining which digital assets are securities and which are commodities. Marshall asked CFTC Chairman Rostin Behnam: "Wouldn't it be simpler if we put everything under the jurisdiction of the CFTC?" "I'm speaking personally, but I'd be happy to do it. We have the expertise and talent," Behnam said. said. 🚨 Under this system, some changes are required in the definitions of securities and commodities.
📰🚨 US Senator Cory Booker stated that abuse in the cryptocurrency market is widespread and this situation is "unusual". 😮 He criticized the CFTC for having to deal with case files, more than half of which were related to cryptocurrency. 💼🔍 Booker emphasized the urgency of the situation and called on us to act quickly and prevent more people from being harmed. 💸📉
"According to blockchain analyst @ai_9684xtpa, Sun Yuchen's address is 0x435...Ef7cB purchased 1614 ETH on 1inch in the last 15 minutes. The average cost is $3101 and the value is $5 million. He then transferred 20,000 ETH to Aave This address has increased 65,878 ETH since April 17.
📰 According to PANews, US Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam stated that the Illinois state court confirmed that BTC and ETH are digital commodities according to the "Commodity Trading Act". 📉 The crypto market may fluctuate with this decision. 🚨 This is an important development in terms of policy analysis and market trends.
📰 The elections in England are over and the Labor Party has won a big victory. 🎉 But what does it mean for the cryptocurrencies and blockchain industry? 🤔 Former prime minister Sunak promised to make England the "global cryptocurrency center". It is unclear whether the new government will continue this policy. Labour's stance on cryptocurrencies is not yet clear. However, the new government seems to have an open attitude towards the technology sector. 🚀 However, they did not take any hard stance on cryptocurrencies and blockchain technology. The UK is expected to make progress in the field of cryptocurrencies and blockchain, but uncertainties still exist. 🌐
📰 Vitalik Buterin, co-founder of Ethereum, argues that the network should make more preparations against 51% attacks. 🛡️ Buterin stated that he was concerned about such attacks that could lead to network censorship and suggested developing an automatic response plan. 🔄 He also suggested increasing the use of thin clients on the Ethereum infrastructure and further simplifying the protocol.#Ethereum#Blockchain#Cryptocurrency💱
📢 Web3 entertainment platform MATR1X announced the economics of its platform governance token MAX! 😮 A total supply of 1 billion MAX will be airdropped to MATR1X platform NFT holders, 94 million MAX will be airdropped to YATC and MATR1X KUKU NFT holders. 💰 Token distribution: NFT airdrop 9.4%, platform contribution 27.6%, ecosystem 16%, early birds 5.5%, community 10%, investors and team 30%, advisors 1.5%. MAX will support the broad applications and services of the MATR1X ecosystem. 🚀
An article was published that draws attention to the importance of the distinction between "toys" and "games" in blockchain games. 🎮🔗 The author states that games have certain rules, whereas toys can be used for various games without a specific play style. 🏀🎲 This exemplifies the long-discussed concept of “cross-game asset sharing” in blockchain gaming. The author emphasizes the importance of focusing on creating toys first when developing blockchain games. The Loot project is stated to be the only project that implements this concept. 🎁🔄 However, it is stated that there is no consensus that Loot is a successful toy. The author notes that it is premature to think that Loot has failed yet and that there is still wide room in toy design. 🚀🎯
📢 Breaking news in the cryptocurrency world! 🚨 A wallet labeled "German government" that Arkham monitored transferred another 1375 BTC in the last 50 minutes. 💼 1000 BTC of these transfers probably went to B2C2 Group and 375 BTC went to Kraken. The market is active, be careful! 💹🔍
Bitwise COO Katherine Dowling stated that the spot Ethereum ETF is "nearing its end" and that the US Securities and Exchange Commission (SEC) "quite welcomes" other related products. 📈🔍 Dowling noted that there were few issues with the S-1 revision between the SEC and ETF issuers, indicating that the ETF's launch is imminent. However, as Dowling notes, "everyone has a different definition of summer, and for streamers waiting, it may be a bit long." 🌞⏳ Bitwise plans to position itself as a "Crypto asset expert" and plans to continue focusing on this sector in the future. 🎯🚀
📰 PANews reported on July 10: Eleanor Terrett announced on the X platform that Democrats and Republicans of the U.S. Senate Agriculture, Nutrition and Forestry Committee and CFTC Chairman Rostin Behnam will hold a hearing on digital product regulations. Additionally, Democrat Ro Khanna will host a cryptocurrency roundtable with businessman Mark Cuban and other industry leaders. 🕙🔔📉
📢 In 2024, the combination of AI and Web3 technologies ushered in a new era in the world of cryptocurrency and blockchain. 🚀 During this period, 64 different projects using AI technologies and integrated with Web3 received a total of millions of dollars in financing. 📊 Among these projects, there are prominent ones such as Sentient, io.net, Allora Labs, Ritual and Ora. By combining AI and blockchain technologies, these projects offer innovative solutions in areas such as data privacy, DeFi, gaming and entertainment products, and content creation tools. 🧠 These developments show that the combination of AI and blockchain technologies holds great potential for future technological developments. 🌐
In the last month, the @aoTheComputer ecosystem has made great progress with developments such as Permaweb 1.0, AO White Paper/Tokenomics and AI on AO. 🚀 Since the development of AO Mint, over $400 million in $stETH assets have been deposited on the AO network. 😮 This shows the industry's interest and confidence in this new story. However, with the introduction of AO's mainnet, further discussion on staking of AO Token and the economic model is required. 🤔#blockchain#cryptocurrency #AO
"📢 Binance announced that it will update the Render (RNDR) token to Render (RENDER)! 🔄 In 2024, it will stop all RNDR spot transactions on July 22 and automatically cancel all open orders. 📈 It will launch RENDER spot transactions on July 26. RENDER Trading pairs such as /BTC, RENDER/USDT will be available. The crypto world is changing rapidly, be careful 💱🚀"
In cryptocurrency trading, mistakes are often caused not by technical inaccuracies but by an unbalanced mindset. 🧠💸 Traders often make these mistakes:
1. They set their own prices and this affects their decisions. 2. They remember the latest information and consider it very important. 3. They are more afraid of losses and this may cause them to lock in profits early. 4. They exaggerate the value of their assets. 5. Herd mentality is risky, stick to your own trading plans. 6. They are overly focused on recent market sentiment. 7. They hear success stories and think they are likely to succeed. 8. Emotions and self-confidence play a key role in the trading process. 9. They look for data that supports their views. 10. After events happen, they think they predicted the consequences.
These errors can lead to overconfidence in future predictions and inaccurate assessment of trading abilities. 😓💔📉
Pirate Nation game shows heavy activity on Proof of Play Layer3. The game's token, $PIRATE, increases the team's income. However, there has been a significant decline in revenues in recent days. This may be related to the lack of new players and the increase in $PIRATE price. The game's development may be limited due to the blockchain's capacity issues. This may affect the value of $PIRATE. 😕💰📉
Pendle introduces the concept of “principal and income” separation in the DeFi space, separating income-generating tokens into principal and income tokens.📊 This provides users with the opportunity to earn various incomes by maximizing asset usage.🚀 However, the Blast event Due to its impact and overall market conditions being unfavorable, users stopped investing and Pendle's total value locked (TVL) and token price dropped drastically.😔
Things to consider in order to launch a successful token in the cryptocurrency market: First of all, strong financial planning is required. 📈 Preparing documents for listing on CEX, negotiating with CEX and market makers, building a strong community and providing media coverage are important. 💼 Also remember that every token issue is unique and a generic formula will not work. 🚀#Cryptocurrency#Blockchain #Token
📉 According to SoSoValue, as of July 9, daily net inflows into Bitcoin spot ETFs were $216.33 million, reaching a net asset ratio of 4.45%. 📊 There was an inflow of $121.03 million into BlackRock ETF IBIT and $90.95 million into Fidelity ETF FBTC. However, $37.5 million exited Grayscale ETF GBTC. 😬 Total net asset value of Bitcoin spot ETFs is $50.79 billion, with total net inflows of $15.27 billion.
Hello, I want to talk to Paul from Coinmanlabs about Fuel. 🚀 Fuel is a modular execution layer based on UTXO and brings global availability scale to Ethereum. 🔐 Currently, the Fuel Points event has been launched and we can earn points by providing certain Tokens as collateral. 🎁 However, if any prepaid funds are withdrawn before the Fuel mainnet is launched, the corresponding Fuel points will be lost. Stay tuned for this project! 🧐
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