🇬🇧 The UK is delaying crypto and stablecoin regulations until 2025. Keir Starmer's government is planning to create a single set of rules for crypto assets, following the example of the EU and the US. Initially planned to be completed by December 2024, changes in government have made adjustments. While the US is accelerating pro-crypto initiatives, Britain is taking a more cautious approach.
🚨 Crypto News: XRP and Cardano are rising after BTC's growth, but Lunex Network is attracting the attention of whales. XRP breaks $1 thanks to regulatory news and whale activity. Cardano has risen by 35%, but a pullback is possible. Lunex Network impresses with cross-chain trading and staking, promising up to 1800% returns. Investors are watching developments, but don't forget about the risks!
The Federal Court in Texas overturned the SEC rule that expands the definition of a broker to DeFi platforms and other crypto structures. Judge O'Connor called it "detached" from U.S. legislation. 😬 Critics argue that the rule stifles innovation and imposes unrealistic requirements. With the resignation of SEC Chair Gary Gensler, the future of crypto regulation remains uncertain.
FTX has nearly completed its debt repayment plan two years after its collapse. 💸 Creditors can expect a distribution of $16 billion by March 2025. Amid criticism of its management, the FTX team has recovered significant funds. Founder Sam Bankman-Fried received a 25-year prison sentence for fraud but plans to appeal the verdict. His associates received lighter sentences.
🚨 The crypto market is in motion! While Shiba Inu and Dogecoin continue to attract attention, the new Minotaurus token (MTAUR) is gaining momentum. With a presale that raised over 250,000 USDT and a price of 0.00006 USDT, this could be a chance for those looking for something fresh. But be aware of the risks and market volatility. Stay tuned and keep an eye on developments!
🚀 Floki (FLOKI) soared 172% after listing on Coinbase! The meme coin reached $0.00028, attracting the attention of traders. The volume in the spot market reached $1.68 billion, and open interest in futures rose to $40 million. 🔥 Token burning reduced the supply to 4.12 billion. Analysts predict further growth, but don't forget about the risks!
🚨 Attention, crypto enthusiasts! DOGEN, the new bold meme token, is gearing up for a 700% increase, promising to take over the altcoin season. Amid the hype surrounding Dogecoin, DOGEN could become the next big opportunity. But remember: big promises come with big risks. Be cautious and do your research before diving into this volatile world of cryptocurrencies.
Japanese digital currencies are under the spotlight of fraudsters! 🚨
- Authorities are concerned about the rise of phishing attacks on digital currencies of local municipalities. - Seven Vietnamese have been arrested in Osaka for fraud related to "machikane points". - Experts warn: new digital currencies are a tempting target for fraudsters. - Local authorities are urging to strengthen security measures and identity verification.
🚨 Attention, crypto enthusiasts! The Sui Network has suspended block production for more than 2 hours. 😬 The issue has been identified, and a fix is on the way, but the SUI token has already lost 2% in the last hour. Upbit has temporarily suspended deposits and withdrawals of SUI. Users on X are joking that Sui is repeating the story of Solana. Stay tuned for updates!
🚨 Crypto News: The long-awaited DeFi revolution is proving more difficult than expected. Only 10% of crypto holders are actively using DeFi, facing fragmentation and complexity. The solution? Composability is the key to creating an accessible financial system. Without it, DeFi risks remaining a labyrinth for the elite. But with it, it’s a chance for financial democratization.
The European Central Bank is pushing to accelerate the development of a digital euro, fearing it will fall behind global competitors. The project is stalled due to legislative delays, and 13 out of 20 eurozone countries rely on international payment systems like Visa and Mastercard. 📉 Without a unified solution, Europe risks being left behind while the UK and China actively develop their digital currencies.
📉 Bitcoin hits records while Ethereum lags behind! BTC reached a new high of $97,862.64, increasing its market share to 60.5%. Institutional investors and political changes are driving the growth. ETH, on the other hand, is losing ground, its dominance has fallen to 11.8%. Will Ethereum be able to catch up? The questions remain open.
🚨 Attention, crypto community! Former CEO of Binance Changpeng Zhao warns: a new vulnerability threatens users with Intel chip Macs. Hackers are actively exploiting this flaw to steal digital assets. Apple has released urgent updates for protection. Update your devices to avoid risks! Don't give criminals a chance to steal your data.
🚀 Solana soars to a 3-year high, but not everything is rosy. AVAX is preparing to release 1.67 million tokens, which could shake the market. Yeti Ouro attracts whales with a 20% bonus on the presale, but is it worth the risk? 🤔 While analysts speculate whether Solana will continue its rise, the market remains tense.
Major players like Grayscale and Bitwise are showing interest in new cryptocurrency-based index funds, including Solana (SOL), Ripple (XRP), and Hedera (HBAR). 📉
- SOL is attracting attention due to its scalability and low fees. - XRP has gained clarity on its legal status, inspiring Bitwise to apply for a spot ETF. - HBAR is also in the spotlight with an application from Canary Capital.
Other cryptocurrencies like Cardano (ADA) and Avalanche (AVAX) are expected to be next in line.
The Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton's crypto ETF again. 🤔 The company proposed an index fund with BTC and ETH, but regulators are asking for more time to analyze it. If approved, the fund would be listed on the Cboe BZX exchange. For now, investors are waiting and the market continues to fluctuate. Franklin is also working on tokenization of funds and is partnering with SBI in Japan.
🚨 Memecoins are taking over the crypto market! In 2024, growth is expected for coins like Dogecoin and Shiba Inu, thanks to their active communities and expanding ecosystems. However, be cautious: their value often depends on social media trends and can change rapidly. Newcomers like Pepe Unchained and Flockerz are also gaining momentum. Invest wisely and remember the risks!
🚨 Crypto News: Ethereum (ETH) rose by 16.7%, reaching $3,073, but competitors are not resting! Solana and Rexas Finance challenge its dominance. Rexas Finance, dubbed the "ETH killer," raised $8.96 million in the presale and promises explosive growth. Investors are closely watching RXS, which could be a game changer. Be cautious and keep an eye on the trends!
Hacker group "Scattered Spider" accused of stealing $11 million in cryptocurrency! 💸
- US prosecutors have charged five participants, including US and UK citizens. - Used phishing and SIM swapping to access accounts. - Telecom companies and crypto exchanges suffered. - $4 million has been returned, but damages are still being assessed.