This week, the European Union reached a crucial milestone with the full implementation of MiCA regulations in December 2024, and Switzerland is considering including Bitcoin in its national reserves.
I did a personal analysis of the market and I think this bull run would be a dream.
There are a lot of cryptos being created, the capitalization is diluted and scattered in all the projects which will make that cryptocurrencies will not make a spectacular rise. $BTC $SHIB $memecoin $shitcoin
Does this message from $SHIB mean that crypto is preparing to delete more zeros? Anyway wait and see. The wait is too much I was thinking about how to get rid of my $SHIB but given this tweet I'll wait a little
98% of investors should receive approximately 119% of the reported value of their funds, including principal and interest. However, this is a percentage based on the value of cryptocurrencies at the time of FTX's bankruptcy, when Bitcoin was below $20,000.
Really, CEXs are not the best places to hold our crypto holdings. It hurts a lot, a lot, a lot
I paid $NEIRO and I plan to pay more. It should be noted that the risk is high but the profit margin would be juicy. After $NEIRO , $moodeng also attracts me.
🗞 Metamask is testing a Mastercard payment card that would allow users to spend their crypto "on everyday purchases, anywhere cards are accepted." (CoinDesk)
#AXSInfinity is undoubtedly a crypto that will explode during this bullrun because its visibility is growing more and more and its gaming bases are solidifying, giving a confidence that attracts investors. #PIXEL is based on the blockchain #RONIN a blockchain developed by #SKYmavis the co-founder of AXS. Recently the cryptocurrencies of this blockchain called #RONIN are listed on #Binance. which implies that binance continues to trust the entire AXS team despite the hack it suffered. This is not investment advice.
Reasons for Waiting for Approval of Requested Bitcoin ETF
The U.S. Securities and Exchange Commission (SEC) is carefully reviewing applications for approval of BlackRock's Bitcoin-related ETFs. The SEC's primary concerns include investor protection, potential market manipulation, and the safety of underlying assets. Regulatory authorities seek to ensure that financial products linked to cryptocurrencies meet rigorous standards before being approved. Deadlines and decisions depend on the in-depth evaluation of these aspects.
XRP's Recent Rise Above $0.72 Sparks Anticipation of Correction, While Wall Street Expert Linda Jones Expects Ripple Swell Holding in Dubai to Have Impact additional on XRP. In the last 24 hours, XRP surpassed the $0.72 mark for the first time in around four months. Although XRP has maintained a steady uptrend in recent days, with a notable gain of around 37% in two weeks, leading market experts suggest that a correction is on the horizon for the digital asset. These analysts say that XRP could return to around $0.55 before embarking on its parabolic rise beyond the $1 threshold. XRP personalities who support this view include XRPayNet social adoption manager “KingDoggoXRP” and Wall Street analyst Linda Jones. In a recent tweet, KingDoggoXRP warned XRP enthusiasts against looking for candles that are too greenish. He noted that bullish candles often enter retracement mode after days of sustained upward trajectory, leaving new investors in losses.
From the Moon to the cell: SafeMoon crypto leaders arrested in the United States
The United States government has just arrested the senior executives of the SafeMoon (SFM) cryptocurrency, namely Kyle Nagy, Braden John Karony and Thomas Smith. They are accused of quietly stealing more than $200 million from the project, misappropriating investors' funds to finance a flamboyant lifestyle. The price of the SFM token fell by almost 60% following the news.
Ripple CEO Brad Garlinghouse has taken a strong stance against former US Securities and Exchange Commission (SEC) Chairman Jay Clayton over the agency's regulatory approach.
This comes as the SEC has been actively pursuing regulatory action against various crypto exchanges and companies since early 2023.
In a recent interview with CNBC on June 29, 2023, Jay Clayton expressed his belief that the SEC should only take legal action against specific companies when there is a strong legal basis to do so.
He stressed the importance of regulatory agencies introducing regulations and lawsuits that they believe will successfully withstand judicial scrutiny.
Garlinghouse wasted no time responding to Clayton's statements, pointing out that the former SEC chairman filed a lawsuit against Ripple, himself, and Ripple co-founder Christian Larsen in December 2020 .
In that lawsuit, the SEC accused the company and the two executives of conducting an “ongoing, unregistered offering of digital asset securities” and claimed they raised more than $1.3 billion through the sale of the XRP token.
The SEC's decision to dismiss the allegations without prejudice came after Judge Analisa Torres ruled partially in Ripple's favor in July.
She said retail sales of the XRP token did not meet the legal definition of a security.
While Clayton's remarks suggest a more cautious approach to regulatory action, Garlinghouse's sharp criticism is a reminder of the contentious legal battles and regulatory uncertainty that continue to surround the cryptocurrency space.
An ETF indexed to bitcoin is therefore an investment medium, the performance of which will be strictly linked to the evolution of bitcoin prices. This will allow investors to gain exposure to bitcoin without worrying about holding or converting bitcoin.
The trend of all crypto enthusiasts at the moment is ETF. The Bitcoin-indexed ETF will be the start and the others will follow. this will allow many people to invest in crypto without fear and will make it appear legal in the eyes of banks. This news will bring many millions out of the crypto world.
X (Twitter): Elon Musk wants you to trust him with all your money by the end of 2024
During an internal meeting, Elon Musk deployed his vision for the transformation of X into a complete financial platform by the end of 2024. The billionaire plans to replace traditional banks with what was formerly Twitter. A revolution that will “make you hallucinate,” he assures. Obviously. Little riddle: what is Elon Musk's favorite phrase? “You won’t believe it”, “you will hallucinate” and other similar joys. The billionaire is indeed very fond of rave promises, which he distributes on the fly at each of his conferences – and which, very often, he struggles to carry out. Which does not prevent him from doing the same with his employees.
According to information from The Verge, Elon Musk held an internal speech this Thursday on the future of -A. The agenda was the integration of banking functionalities, a project dear to the heart of the businessman.