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HOT NEWS 🗞️ | Binance will delist CVP, EPX, FOR,
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Nigeria’s SEC to Start Enforcement Actions Against Unregulated Crypto Firms Last month, Nigeria granted licenses to cryptocurrency exchanges Quidax and Busha. Nigeria’s Securities and Exchange Commission (SEC) is preparing to take enforcement measures against crypto firms operating without regulation. The move aims to crack down on firms that fail to comply with the country’s regulatory requirements, Emomotimi Agama, the SEC’s Director General, said in a recent interview with local media. “We will begin enforcement actions against anyone operating in this market without the intention of being regulated,” Agama stated. Nigeria SEC Begins Issuing Licenses to Exchanges Although Nigeria has taken a cautious approach to cryptocurrencies, the SEC recently began issuing licenses to compliant crypto firms. Last month, it granted licenses to cryptocurrency exchanges Quidax and Busha. Furthermore, the SEC has announced that five other firms have been admitted to test their business models and technologies under the SEC’s Regulatory Incubation Program (RI).
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3 whales prefer the newly released meme coin: heavy intake in 4 days While the 2024 bull season is in many discussions, it is eagerly awaited whether the meme coins will be able to continue their rallies. In the last 4 days, 3 whales made serious purchases at meme coin SUNDOG, which Justin Sun also supports. Justin Sun's desire to bring the same situation to the TRON network by seeing the meme coin madness in the Solana network caused the emergence of many meme coins such as SUNDOG. While SUNDOG was the biggest meme coin of the network, it also received great attention in a short time. Like the Pumpfun platform in the Solana network, the SUNDOG, which was created on the SunPump meme coin extraction platform, entered the radar of the whales with the support of Justin Sun. SUNDOG, which has increased by more than 600% since its removal in August, has started to be taken up again by whales in the last 4 days. Wallets set up 4 days ago... According to the information given by the on-chain tracking platform Lookonchain; 3 wallets established just 4 days ago made significant purchases during this period. TEKzxy wallet 957 thousand dollars 3.8 million pieces, TGNrkv wallet 525 thousand dollars 2.1 million pieces They also bought 870 thousand SUNDOGs for the TPXvFH wallet for 217 thousand dollars. Purchases were made through the MEXC exchange. SUNDOG, which made an airdrop of 2 million dollars to 500 thousand TRX owners in total, also received a grant of 2 million dollars from the TRON team.
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Japanese investment company continues to accumulate Bitcoin Japan-based Metaplanet, which announced for the first time in May that it had chosen Bitcoin as the reserve asset, received another 38 BTC. The company's total Bitcoin investment also reached the level of 26 million dollars. Japanese investment firm Metaplanet has announced a new Bitcoin purchase. Nicknamed "Japan's MicroStrategy", the company received 38.4 BTC worth 300 million yen (about 2 million dollars). The total number of BTC in the company's reserves was 398.8 (approximately 26 million dollars). After the announcement of the purchase, there was a 4.4% increase in Metaplanet shares in the Japanese stock market. As it will be remembered, the investment firm announced in May that it chose Bitcoin as a strategic reserve asset. Following the announcement, the company started buying Bitcoin regularly. Behind the choice of Bitcoin in the statement; reasons such as weak Japanese yen, low interest rates, high debt level of the government were listed. Big deal with SBI Group Metaplanet also announced its agreement with SBI VC Trade, a subsidiary of SBI Group, one of the largest financial companies in Japan, in recent weeks. This company, which is the largest crypto platform in Japan, will provide institutional custody services to Metaplanet. On the other hand, it will also provide assistance in the use of Bitcoin as a loan collateral. The company that holds the most Bitcoin in its reserves in the world is MicroStrategy with more than 226 thousand BTC, while the US Bitcoin miner Marathon Digital (25 thousand BTC) is in second place.
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Harris who will face Trump did not surprise again: No crypto The official political plan of Kamala Harris, who will appear on a debate program with Donald Trump tonight, has been announced. The fact that cryptocurrencies were not included in all of these positions, also known as the "political stance position", did not escape the eyes. Unlike Donald Trump, who gave great support to the crypto world, especially Bitcoin miners, the Kamala Harris group remains silent. Cryptocurrencies were not included in Harris's last published "political stance position". On the website of his campaign, Harris is committed to supporting American innovation and employees, and states that he will also give importance to the artificial intelligence sector and other emerging technologies. However, it seems that Harris has never mentioned the crypto world or the Bitcoin mining industry, which Trump promised great support. He didn't even pronounce Unlike Donald Trump, Harris hasn't even pronounced crypto until now, despite the demand from many Democratic business people. In fact, Harris did not even go into these issues in his past. Harris, who does not have a positive explanation about cryptocurrencies and Bitcoin, nor does he express a negative opinion, is not expected to touch on this area in his discussion program with Trump tonight.
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Whales continue to collect Bitcoin: 900 BTC withdrawn from Binance While the cryptocurrency transactions of the newly created wallets have attracted attention recently, it seems that large whale accounts are also receiving Bitcoin at a cheap price. At night, 3 separate whales withdrew a total of 900 BTC from the Binance exchange to the newly opened wallets. While the cryptocurrency markets, like the whole world, are waiting for the Fed's interest rate cuts, it is seen that some whales have restarted buying Bitcoin. According to the information given by the on-chain tracking platform Lookonchain, 3 separate whales withdrew 900 BTC worth 51 million dollars at night. The shooting took place on the Binance exchange. Newly opened wallets... On the other hand, there is also a situation that has been seen frequently in recent days. It does not escape the eyes that the wallets that make heavy purchases are newly opened accounts. The fact that the purchases are made days before September 18, when the Fed's new interest rate decision will be made, also strengthens the idea that whale accounts are expected to rise. While experts expect the Fed to make an interest rate cut of 25 basis points, the number of those who have 50 basis points is not small. Bitcoin, which has risen more than 4 percent in the last 24 hours, is trading at approximately 57,300 dollars in the minutes when the news was written.
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