Ripple CEO Predicts SEC's Struggle with Ethereum's Regulatory Status
Ripple's CEO, Brad Garlinghouse, has offered a bold prediction regarding the U.S. Securities and Exchange Commission (SEC) and its potential clash with Ethereum (ETH). Making connections to the legal battle that Ripple faced over XRP, Garlinghouse expects a similar outcome for Ethereum, indicating that the SEC may struggle in its efforts to classify ETH as a security.

Garlinghouse's comments align with reports suggesting that the SEC is looking closely at whether Ethereum should be considered an unregistered security. This development has sparked conversations and raised worries among the cryptocurrency community. Although the SEC has not directly classified ETH as either a security or a commodity, its chairman, Gary Gensler, has consistently indicated a broader view that most crypto tokens could be seen as securities, except Bitcoin.
The Ripple CEO's perspective reflects a growing feeling within the industry, where regulatory clarity and consistency have become important. With the SEC facing challenges and setbacks in its legal battles against crypto firms, including Ripple, Garlinghouse's doubt regarding the SEC's potential actions against Ethereum carries significant weight.
Garlinghouse highlighted the SEC's recent legal struggles, stating that the agency has faced defeats in court and encountered friction with other regulators like the Commodity Futures Trading Commission (CFTC). This friction, along with international regulatory dynamics, creates a complex view of the evolving landscape for cryptocurrencies and their regulatory status.
The Ethereum Foundation got a "voluntary inquiry from a state authority," showing how closely Ethereum is being watched by regulators. This, along with what Garlinghouse said, adds to talks about how the SEC deals with cryptocurrencies like Ethereum, not just Bitcoin, and what it means for the whole market.
SEC Decision Awaited on Ethereum ETPs
Coinbase's Chief Legal Officer, Paul Grewal, highlighted the importance of waiting for the SEC's decision on spot Ethereum exchange-traded products (ETPs) sold on the spot market. He warned against spreading false information about Ethereum's regulatory status. Grewal confirmed that Ethereum is considered a commodity, a view supported by the CFTC and federal courts over the years.
The debate over Ethereum's classification highlights the complexities and details of regulatory frameworks in the crypto space. While Bitcoin enjoys a clearer status as a commodity, other cryptocurrencies like Ethereum navigate a more uncertain regulatory landscape, subject to interpretations and legal scrutiny.
Crypto Community's Focus – SEC and Ethereum
Garlinghouse's perspective on the SEC's potential challenges with Ethereum reflects broader discussions within the crypto community regarding regulatory clarity, investor protection, and market stability. As regulatory agencies deal with defining and regulating cryptocurrencies, stakeholders closely monitor developments that could impact the industry's future path.
The evolving regulatory environment underscores the need for clear guidelines, transparent communication, and collaborative efforts between industry participants and regulators. As cryptocurrencies continue to gain mainstream acceptance and adoption, regulatory frameworks play a very important role in shaping their legitimacy, functionality, and market dynamics.
Conclusion
Garlinghouse's thoughts on the SEC's possible issues with Ethereum show how tricky it is for regulators to handle cryptocurrencies. With rules still unclear, people in the industry want clear, fair discussions to encourage new ideas and deal with regulatory worries.
#bitcoin #Ethereum(ETH) #cryptonewstoday #CoinGabbar

Crypto News Key Highlights:
KuCoin and Revolut team up for euro-based cryptocurrency purchases, offering seamless access to various assets. Despite U.S. legal challenges, KuCoin serves 31M+ users. They launch a zero-fee trading event for BTC and Ether pairs, providing 100% Fee Rebate Vouchers. Bitcoin surpasses $64,000, signaling market optimism and its enduring appeal.Tron prepares for a major upgrade with the GreatVoyage-v4.7.4 (Bias) release in Q1 2024. The update focuses on simplifying protocol development, enhancing network stability, and optimizing performance. Key features include gRPCurl tool support, Java-tron code dependency management, and improved vote reward withdrawal speed, reinforcing Tron’s commitment to innovation and efficiency.Bitcoin surpasses $64,000 as traders await U.S. Bureau of Economic Analysis’ PCE inflation data. Recent CPI surge eliminates Fed rate cut possibilities. Wall Street giants are divided on PCE, but anticipate cooling inflation. Fed Chair Powell expects rate cuts from September, with a 65% chance in June. Strong PCE could boost USD and impact Bitcoin.Spot Bitcoin ETFs saw a record $673 million inflow on Wednesday, driven by demand surpassing supply. BlackRock’s IBIT led with $612 million inflow, totaling over $7.15 billion net inflow. Other ETFs like FBTC and ARKB also experienced substantial inflows. Meanwhile, GBTC witnessed a $216.4 million outflow. BTC surged above $63,000 amidst rising trading volumes and open interests.OpenAI faces SEC scrutiny over alleged investor misrepresentation following CEO Sam Altman’s internal communications. Leadership shakeup triggered overhaul, including co-founder’s departure and Microsoft’s non-voting board seat. Despite WSJ report, OpenAI remains silent. SEC inquiry involves internal document requests, subpoena issued in December post-Altman’s dismissal. Legal battles and governance concerns add to company’s challenges.Bitcoin’s surge past $64,000 sparks interest in cryptocurrency markets, affecting funding rates in contracts. Glassnode data shows rates correlate with Bitcoin’s price, reaching highs on Binance and OKX. Understanding funding rates is crucial for traders as they indicate market sentiment and influence trading strategies.Spot Bitcoin ETFs set new daily ATH inflows, led by BlackRock’s IBIT with $612 million. Grayscale sees $216 million outflows, while Fidelity’s FBTC records $245 million inflow. Analysts anticipate increased volatility due to thin supply and record trading volumes, driven by organic demand. Decreasing BTC supply on exchanges signals potential supply shock.

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PairedWorld Building Genuine Connections with Blockchain Innovation
Step into a world where technology and humanity converge in a blend of genuine connections and shared experiences. Imagine a world where every smile, every shared moment, and every heartfelt conversation isn't just a fleeting interaction but a cherished currency of human connection. 
So, Welcome to PairedWorld, where the magic of genuine connections meets the innovation of blockchain technology, all powered by the transformative $PAIRED tokens. 
PairedWorld isn't just another platform—it's a vibrant community where every interaction is a celebration of human connection. Imagine a place where your smile, your story, and your presence are not just valued but cherished and rewarded.
In a world full of digital noise and shallow interactions, This shines as a place where real connections and meaningful experiences happen. Here, technology isn't a hurdle but a helper, making it easier to build strong relationships and grow personally. It's like discovering a haven of authenticity, where you can create lasting bonds and explore new paths for self-improvement.
Introduction to PairedWorld
PairedWorld isn't your typical social platform. It's a vibrant space where experts from various fields like Web3, Blockchain, Psychology, Neuroscience, and Behavioral Economics come together. Their goal? To create the world's first Proof of In Real Life (IRL) Human Connection Protocol. This isn't just about tech; it's about making a positive impact, improving lives, and encouraging meaningful interactions globally.
Imagine stepping into a world where technology and humanity merge effortlessly, sparking innovation and purpose. PairedWorld isn't just a website; it's a movement led by experts in Web3, Blockchain, Psychology, Neuroscience, and Behavioral Economics. Together, they're leading an innovative protocol focused on real-life human connections. It's not just about gadgets; it's about changing lives, building communities, and transforming how we connect online and offline.
PairedWorld isn't afraid to tackle big issues like digital addiction and loneliness. Instead, it's introducing a fresh approach to online communities that extend into the real world. This fusion of tech and human touch is shaping the future of SocialFi and DeSoc spaces, offering new understandings and opportunities for businesses to engage with their audiences in meaningful ways.
The $PAIRED Token
More Than Just a Token – A Symbol of Purpose
PairedWorld is all about meaningful connections and community empowerment, centered around the $PAIRED token. This token isn't just a digital currency; it represents purpose-driven interactions and genuine bonds. When you participate in Meet-ups and engage with the ecosystem, you earn $PAIRED tokens, contributing to a global movement focused on social connection and well-being.
Here's how it Works — $PAIRED is the token that powers the PairedWorld ecosystem. You get these tokens by joining Meet-ups and using them for various activities within PairedWorld. Holding $PAIRED tokens lets you level up your SOUL token, which comes with its own benefits. Plus, having $PAIRED tokens allows you to participate in council elections and propose ideas for Treasury funds.
The more $PAIRED tokens you have, within the limits set by your SOUL level, the greater your rewards when participating in Meet-ups. It's a way of showing your active involvement in PairedWorld and contributing to its growth and success.
As more people join and engage with PairedWorld, more $PAIRED tokens are released into circulation. The token's smart contract ensures a balanced supply through mechanisms like a 3% annual inflation limit and burn mechanics, maintaining the ecosystem's stability and value over time.
These tokens are more than just numbers; they capture the spirit of human connection and contribute to a global movement focused on social well-being and unity.
PairedWorld is all about real connections and meaningful experiences. It's a place where technology helps make relationships stronger and personal growth easier. By using the $PAIRED token, people can join a journey to build communities and form lasting friendships.
Meet w3meet – Our Social Hub
w3meet serves as the bridge between the virtual and physical worlds, bringing fun to real-life hangouts through its app.
Now, let's talk about w3meet, PairedWorld's main app. It's all about boosting real human connections. It makes gatherings more rewarding, helps expand social networks, and lets users find and host events. Whether it's a small coffee meet-up or a big concert, w3meet opens the door to a lively world of socially rewarding experiences.
Imagine stepping into w3meet, where virtual and real worlds blend seamlessly to enrich genuine connections. Here, every get-together feels like an adventure, every chat is valuable, and every event is a chance to grow and enjoy life. From casual coffee hangs to thrilling concerts, w3meet offers a colorful array of socially fulfilling experiences.
And with the w3meet Mobile app, real-life interactions become even more fun and engaging. It's like bringing the excitement of online gaming into your everyday social life, bridging the gap between the digital and physical realms. By encouraging people to meet, interact, and build communities, w3meet creates a vibrant ecosystem of social enjoyment.
In essence, w3meet is your social hub, making socializing fun and rewarding. It's a blend of online gaming excitement and real-world hangouts, turning social interactions into a delightful experience where meeting new people and attending events earns you rewards.
How Does PairedWorld Work?
To become part of PairedWorld, you can either get an invite from someone already in the community or attend special events for newcomers. Once you're in, the heart of PairedWorld is about meeting up in real life. You can organize, discover, and go to these events, where you'll earn $PAIRED tokens and build your standing among fellow members.
PairedWorld's unique token system, made up of SOUL, SPARKs, and $PAIRED tokens, merges real-world interactions with digital technology. This setup encourages meaningful engagements and rewards your contributions to the community.
Here's how you can navigate the PairedWorld experience:-
Joining the Ecosystem – Get involved by either scoring an invite or joining onboarding events. PairedWorld values genuine connections and welcomes everyone who shares these values.Engaging in Meet-ups – Dive into a world of possibilities by finding and attending events that align with your interests. As you participate, you'll earn $PAIRED tokens, gain recognition, and become part of a community that celebrates face-to-face interactions.Token Ecosystem Brilliance – Explore PairedWorld's token system, which includes SOUL, SPARKs, and $PAIRED tokens. Each token represents different aspects of human connection and contributes to a blend of technology and personal relationships within the community.
Governance and Community Participation
At PairedWorld, governance, and community participation are all about working together transparently and inclusively. The PairedWorld Foundation leads the way by managing how things run and making big decisions through a group of chosen council members. But it's not just about them—it's about everyone in the community having a say in how things should go. This means anyone can propose ideas for how PairedWorld should evolve and actively join in shaping its future.
The governance model at PairedWorld emphasizes openness, teamwork, and involving everyone in making important choices. The foundation acts as a trusted guide, ensuring that decisions are made with input from across the community. This approach values inclusivity, honesty, and progress that benefits everyone involved. Together, the community and the foundation pave the way for a future where meaningful connections and collective efforts lead to positive change.
In essence, PairedWorld's governance is about giving power to the community, working together openly, and building a shared vision for a better tomorrow. It's a collaborative effort where everyone has a role in shaping the path forward and ensuring that human connections remain at the heart of it all.
Use Cases and Impact
Let's break down the use cases and impact of PairedWorld based on the provided information:-
Event Grants
PairedWorld provides financial support for community-curated events, which helps in organizing educational initiatives and promoting well-being programs within communities. This support leads to collaborative experiences that redefine how people connect and grow together.
Academic Advancement
PairedWorld collaborates with academic institutions to explore the implications of new community frameworks and their real-world impact. This partnership fosters research, innovation, and knowledge-sharing that shape the future of communities and human connections.
Identity Verification and Reputation Management
PairedWorld's token ecosystem validates unique identities and acknowledges achievements, promoting transparent recognition and fostering cohesive communities. It helps build trust, respect, and mutual growth by celebrating individual achievements and maintaining transparent identity verification processes.
Overall, PairedWorld's efforts aim to create meaningful experiences, support personal and community growth, and build a more connected and empowered society through transparent identity validation, financial support for events, and collaboration with academic institutions.
The Future of Human Connectivity
PairedWorld looks ahead to a future where technology plays a vital role in building meaningful connections among people. This vision involves using games and rewards to encourage real-life interactions, breaking down barriers,, and empowering individuals to form strong bonds and contribute positively to a more connected and cooperative society.
In simpler terms, PairedWorld is not just about digital tokens – it's about transforming how we connect, communicate, and evolve as a global community. With $PAIRED tokens driving this change, PairedWorld is leading the charge towards a future where every genuine human connection is valued, acknowledged, and cherished.
Essentially, PairedWorld envisions a world where technology enhances rather than holds back human connections, creating opportunities for genuine interactions, shared experiences, and collective growth.

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#Pairedworld #CoinGabbar #Cryptonewsdaily #cryptocurrency!!!

Crypto News Key Highlights:
Shiba Inu (SHIB) has taken the lead in the recent surge of meme coins, reaching levels not seen since April 28, 2022. Justin Sun, a notable figure in the crypto community, caused a stir by transferring a significant amount of SHIB, totaling 20 trillion tokens valued at over $544.4K. Although there has been a retracement, most SHIB holders maintain a bullish sentiment, indicating confidence in the coin’s future.Bitcoin is rapidly leaving exchanges, signaling potential all-time highs. On March 1 alone, withdrawals totaled $2 billion, a record in over 5 years. Notably, U.S. spot Bitcoin ETFs and Binance withdrawals contributed significantly. Despite dwindling exchange reserves, new investors are entering the market, reflected in changing UTXO ages.Tether’s market capitalization reaches $100 billion, outpacing USD Coin (USDC) by $71 billion. Despite discrepancies in data sources, Tether plays a vital role in crypto trading, pegged to the USD across multiple blockchains. Backed by audited reserves, including U.S. Treasury Bills, Tether aims to mitigate concerns over asset quality.The iShares Bitcoin Trust (IBIT) by BlackRock has swiftly soared to $10 billion in assets under management (AUM) in a mere seven weeks, a feat that took the inaugural U.S. gold-backed ETF over two years to accomplish. Inflows into Bitcoin ETFs have notably outstripped those of gold, with unprecedented daily increases and swift accumulation, indicating a potential pivot in preferences for store of value towards Bitcoin.Vitalik Buterin praised Reddit’s decision to incorporate contributor ownership in its IPO but expressed disappointment over U.S. regulations limiting participation. Buterin emphasized the global opportunities in crypto, suggesting a more inclusive model. Reddit’s IPO filing indicates investments in Bitcoin and Ethereum, signaling a move towards blockchain technology.Binance announces transition from USDP to FDUSD on Binance Futures, effective March 8th, to enhance trading experience. USDP support ends on March 14th. Operational changes implemented, including zero transfer-in limits for USDP and automatic conversion to USDT. Proactive risk management advised during transition. FDUSD brings operational adjustments and fair transfer-in limits based on VIP levels.Bitcoin Ordinals and Bitcoin-based NFTs witness surges in trading volume and demand. Magic Eden dominates Bitcoin Ordinals trading, reaching $39.29 million in volume. NodeMonkes NFT spikes by 25% to 0.89 BTC, valuing at $56,500, elevating its market capitalization to $565 million, ranking third among NFTs.
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Elon Musk’s X.ai Launches Updated Version of Grok With Grok 1.5
X.ai, Elon Musk's artificial intelligence venture, aims to compete in the generative AI chatbot space alongside OpenAI's ChatGPT and Google's Gemini. As a result, X.ai has introduced an updated version of its AI model, Grok-1.5. This updated model provides more features compared to the old version of Grok. The company claims that Grok-1.5, with improved reasoning abilities, launched with a context length of 128,000 tokens, surpassing its previous model.

Grok-1.5, especially excels in coding and mathematical tasks, demonstrating better reasoning abilities than its predecessor, Grok-1, by more than double on the MATH benchmark. Additionally, it shows an improvement of over ten percent on the HumanEval test, which is better than the previous version in programming language generation and problem-solving skills. It also outperforms various benchmarks such as MMLU, GSM8K, and HumanEval, including Mistral Large AI model. Additionally, xAI plans to introduce several new features in Grok 1.5 in the coming days. Although the model is not available yet, it will be available for testers and existing Grok users on the X platform in the coming days.

Users will get a better experience
It is believed that the integration of Grok's new version will provide X users with a better user experience. Users will be able to solve their queries directly on the platform rather than redirecting to a web browser for answers. Furthermore, the two versions of Grok 1.5 chatbot - fun and regular, make the use of the chatbot even more interesting. The regular mode provides clear answers to questions, while the fun mode explains information in a more humorous way. So far, Grok is only available to X's premium users, meaning users will have to pay to use the AI chatbot services. However, this will bring X a step closer to becoming an everything app.

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#ElonMusk #cryptocurrency #BlockchainGaming #AI #CoinGabbar

#Binance one of the world's largest #cryptocurrency exchanges, has launched an AI-powered NFT generator called "Bicasso" in beta. The tool allows users to create digital collectibles from images and words using AI.

Within 2.5 hours of launching, the tool reached its cap of 10,000 NFT mints, with around 3,300 users minting at least one Bicasso NFT. However, these images are not available for resale as they were part of the pilot.

#bicasso has the potential to change the #NFT world by making it easier for users to create and sell digital collectibles. The tool's AI capabilities can help artists and creators transform their work into NFTs without needing technical skills. Bicasso also eliminates the need for users to pay high fees for minting NFTs.

With the success of Bicasso's pilot launch, it's possible that other exchanges and platforms will follow suit, making NFTs more accessible to a broader audience and fueling the growth of the NFT market.

#CoinGabbar

As #cryptocurrency gains more popularity, the number of #scams and fraudulent crypto projects continues to rise. Spotting these scams is crucial to protecting yourself and your investments in the crypto world. #antiscam

Here are five key things to look out for when evaluating a crypto project to avoid falling victim to a potential scam.

Lack of transparency: It's essential to look for a project that is transparent about its team, mission, and goals. If a project's website lacks this information, it's likely a red flag.

Unrealistic promises: Many crypto scams entice investors with promises of overnight riches or guaranteed high returns. If something seems too good to be true, it probably is.

Lack of technical details: A whitepaper is a standard requirement for any legitimate crypto project. If a project's whitepaper is lacking, it's a sign that the project may not have a solid foundation.

False endorsements: Some crypto projects may falsely claim endorsements or partnerships with well-known companies or individuals to gain credibility. It's essential to research these claims and ensure they're legitimate before investing.

Suspicious token distribution: A disproportionate token distribution heavily skewed towards the project's founders or early investors is another red flag. It may indicate that the project is more focused on enriching its founders rather than building a sustainable product.

When it comes to #investing in cryptocurrency, it's essential to remain vigilant and evaluate crypto projects carefully. By keeping an eye out for these five warning signs, investors can avoid falling victim to fraudulent projects and scams, and protect their investments in the rapidly evolving world of cryptocurrency. #CoinGabbar

Step into a World of Infinite Gaming Possibilities with Maidaan Games!
Step into a world where gaming and decentralization merge flawlessly, creating an engaging experience beyond gamers' imagination. Meet "Maidaan Games," an immersive, innovative gaming paradise where players don't just play; they shape their digital destiny.

Picture a warm embrace as you enter this charming and creative gaming realm. Maidaan isn't your average gaming hub; it's a cutting-edge blockchain gaming universe revolutionizing our play.
Powered by blockchain, Maidaan ensures fairness, transparency, and security at every turn. Here, gaming isn't just about fun; it's about earning rewards simply by indulging in your favorite games. The more you immerse yourself, the more you gain the rewards — making Maidaan Games stand out on its own.
It is a next-generation gaming platform that is bringing the strength of blockchain technology to the gaming industry. Their mission is to create a more engaging, rewarding, and transparent gaming experience for players worldwide. This combination creates a whole new level of entertainment and engagement.
Maidaan Games - Know More About it
Maidaan Games is not your average gaming platform. It's a decentralized blockchain gaming platform, revolutionizing the gaming industry with its innovative approach.
This combines the thrill of gaming with the power of blockchain technology, offering gamers a whole new level of excitement and opportunities. With features like play-to-earn mechanics, NFT integration, and community-driven development, Maidaan Games is monitoring the way for the future of gaming.
The Ultimate Gaming Experience
At Maidaan, we craft games with a singular focus - your entertainment. Our games are not just games; they are immersive adventures designed to keep you on the edge of your seat. Whether you're into action-packed challenges or strategy-based gameplay, we have something for everyone. Expect hours of fun and excitement like never before!
Beta Version Lunch Soon
Exciting launch for gamers! The beta version of this game is set to launch soon, giving early access to all users. In this beta mode, you'll get to experience the full gameplay with all its functionalities. 
This early access phase will allow all users to jump into the action and explore the game's rich features and gameplay mechanics. From intense battles to strategic quests, the beta version offers a comprehensive gaming experience that will keep you engaged for hours.
During this beta mode, players will have the opportunity to test out all aspects of the game, including its graphics, user interface, and gameplay dynamics. While features like NFTs, blockchain integration, and play-to-earn functionalities will not be available in this initial release, rest assured that they are in the pipeline for the main game launch.
The main game, which will follow the beta phase, promises to take your gaming experience to new heights. With innovative features like NFTs for unique in-game assets, blockchain technology for enhanced security and transparency, and play-to-earn mechanisms that reward your skills and dedication, the main game will be a game-changer in the gaming industry. Stay tuned for updates on the official launch date and get ready to dive into a world of excitement and possibilities!
Note:- Please note that features like NFTs, blockchain integration, and play-to-earn options will not be available in this beta version. Don't worry, though; these exciting features will be rolled out in the main game. Stay connected for more new announcements and enjoy an immersive gaming experience!
#Decentralized #cryptonews #cryptocurrency #CoinGabbar

Indian Crypto Exchanges Ensure Easy Crypto Transfers Amid Offshore Ban
In response to the Ministry of Finance’s Financial Intelligence Unit’s ban on offshore crypto exchanges such as Binance and OKX, Indian crypto exchanges are assuring users of seamless transfers for those looking to move their crypto assets. Now people are very confused. Is Binance safe or not?
Various Indian crypto exchanges are offering attractive fee waiver incentives to aid users with funds stranded on the banned foreign exchanges. CoinDCX, among the leading Indian crypto exchanges in terms of trading volume, has disclosed a commitment of $1 million to facilitate the transfer of assets to compliant crypto exchanges.
Indian Crypto Exchanges Facilitating Investors
Subsequently, BuyUcoin, another notable Indian crypto exchange, declared a zero-fee policy for users transferring from offshore exchanges following the FIU ban. Shivam Thakral, the CEO of BuyUcoin, expressed that they view the FIU’s decision as a positive measure for safeguarding investors and upholding regulations pertaining to capital flight in the context of foreign exchange entities.
WazirX, another leading exchange, introduced a 1% bonus for users shifting their crypto assets to WazirX. Consequently, they have observed a significant surge in activity, with a 42.3% increase in P2P transactions, a 253% rise in spot trading volume, and a 114% uptick in deposits from November to January compared to the preceding three months.
FIU Notice and App Store Restrictions Shake Crypto Landscape
In a decisive move, the Financial Intelligence Unit (FIU), a branch of the Indian Finance Ministry, issued a non-compliance notice to several prominent crypto exchanges, including Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and Bitfinex, on December 28, 2023. The FIU mandated a one-week timeframe for these exchanges to respond to the notice and directed the IT department to block the URLs of the mentioned foreign crypto exchanges if they failed to comply.
Around two weeks after the FIU’s notice, on January 10, Apple’s Indian app store took the preemptive step of blocking all foreign crypto exchanges. However, during this period, the apps were still accessible on the Android app store. Within a week, Google’s app store also followed suit, blocking these foreign crypto exchanges. This development triggered a sense of panic among Indian users who had turned to foreign exchanges like Binance to avoid a hefty 30% crypto tax.
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#BitcoinETF💰💰💰 #BTC #cryptocurrency #CoinGabbar #cryptonewstoday

BRICS Meeting Update and Highlights the Power of Blockchain and Crypto
The first BRICS sherpa meeting of 2024 recently took place in Moscow, bringing together representatives from 10 member states to discuss economic and financial strategies. The participating countries include Brazil, Russia, India, China, South Africa, Saudi Arabia, the United Arab Emirates, Iran, Egypt, and Ethiopia. The meeting is notable for its diverse perspectives and agendas.
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#BRISE #cryptonewstoday #cryptocurrency #CoinGabbar

Elon Musk Confirmed on X, Didn’t Received Any Fund
Elon Musk, the world’s wealthiest individual and a crypto enthusiast, has refuted the accuracy of a report on his social media platform, X, which claimed that Musk’s firm, xAI, had achieved $500 million out of its $1 billion fundraising goal.
Musk responded to a user’s inquiry on X about investments made by stakeholders in his artificial intelligence firm, xAI, categorically denying any investment in his company.

It is noteworthy that in November, Elon Musk Twitter News had announced that equity investors in X would receive a 25% ownership stake in xAI.
This implied that if investors had invested $10 billion in X, they would be incentivized to invest $2.5 billion or more in xAI. Moreover, Elon Musk has also updated about the payment services on X, which will get started by mid-2024.
xAI launched as an alternative to OpenAI
Elon Musk has consistently considered his xAI superior to Google and OpenAI from the outset. The inception of xAI Elon Musk was presented as an alternative to OpenAI, where Musk launched his chatbot Grok to compete with OpenAI’s ChatGPT.
While ChatGPT has data only up to 2019, Grok has access to the data from Musk’s social media platform X, which is more up-to-date. Although OpenAI’s GPT-4 also provides information with current data, Grok and ChatGPT have been continuously compared, with both having distinct features.
The difference lies in their information collection, as they gather data from different sources, making them unique from each other.

#ElonMusk #cryptocurrency #CoinGabbar #cryptonewstoday

FBI Issued Advisory to Counter Crypto Scams in Investment
The cryptocurrency market is undergoing exponential growth, with tokens continuously gaining value and attracting new investors. However, this surge in interest has also led to a significant increase in crypto scams in the Investment sector. The Federal Bureau of Investigation (FBI) has raised warnings about this concerning trend and notes a 53 percent rise in crypto investment scams over the past year and it is in line with Immunefi's report on Crypto Loss.

Increase in Crypto Scams:

According to the FBI's latest report, fraudulent activities in the crypto investment ecosystem have resulted in approximately $3.94 billion in losses, marking a substantial increase from the $2.57 billion lost in similar scams in 2022. These scams primarily target inexperienced investors through social media platforms like Facebook and X, enticing them with promises of high returns on crypto-related investments. Scammers often employ fake websites and counterfeit tokens to deceive victims, ultimately leading to significant financial losses.
FBI's Advisory:

In response to the escalating threat of crypto scams, the FBI has issued a cautionary advisory to investors. While regulators in various countries are working to formulate rules to combat these scams, the FBI recommends that investors exercise vigilance. One crucial precautionary measure advised by the FBI is the implementation of two-factor authorization, which adds an additional layer of security to investors' funds and mitigates the risk of unauthorized transfers.
Context Amidst Market Dynamics:

The FBI's warning comes at a time when the crypto market is experiencing bullish sentiment, with Bitcoin reaching a new all-time high of $72,600. This surge in market activity has attracted a wave of new investors who may be unfamiliar with the risks associated with the crypto space. It is imperative for investors to heed the FBI's warning and conduct thorough due diligence before committing funds to any crypto token or investment opportunity.
Conclusion:

As the cryptocurrency market continues to evolve and expand, the threat of crypto scams looms large. The FBI's proactive stance in issuing warnings and advisories serves as a crucial safeguard for investors navigating this rapidly changing landscape. By remaining cautious, implementing security measures, and staying informed, investors can protect themselves from falling victim to fraudulent schemes and safeguard their financial assets in the crypto market.
#CoinGabbar #cryptonewstoday #blockchain #cryptocurrency!!!

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Crypto News Key Highlights:
Bitget Wallet, a leading non-custodial wallet with over 12 million users globally, is set to launch its native token, BWB. The token's debut, hinted through a captivating video, aims to challenge mainstream Web3 wallets like MetaMask. Bitget's parent company's strategic investment in BitKeep in 2023 sparked its transformation into Bitget Wallet. With a recent surge in its native token's trading volume, Bitget reinforces its position as a key player in the crypto space.Mudrex, a U.S.-based crypto investment firm in India, plans to provide Indian investors access to U.S. spot Bitcoin ETFs, facilitating investment via BlackRock and Fidelity. Compliant with Indian regulations, Mudrex aims to utilize the Liberalised Remittance Scheme for seamless transactions, targeting institutional investors with a $250,000 investment cap.Tesla CEO Elon Musk intensifies criticism against OpenAI, announcing xAI's Grok chatbot as open source amidst tensions with OpenAI's CEO. Musk accuses OpenAI of straying from its founding principles, sparking controversy. Musk's lawsuit against OpenAI and Sam Altman alleges a shift towards profit motives, highlighting broader ethical concerns in AI development.The Ethereum Dencun upgrade signals a pivotal step forward for the network, addressing key issues and enhancing performance. Notable Ethereum Improvement Proposals (EIPs) like Uniswap v4 launch and EIP-4844's scalability improvements are anticipated. The upgrade promises improved efficiency and scalability, potentially impacting Ether's price and DeFi innovation.This week, the US is unveiling key inflation metrics, with expectations for the FOMC to maintain interest rates. Cryptocurrency markets pause after a strong rally, with Bitcoin and Ethereum retracing from recent highs. US CPI data release is anticipated, impacting economic outlook, while crypto markets show resilience amid traditional market fluctuations.The crypto market in Hong Kong sees momentum with plans for spot Bitcoin and Ethereum ETFs. While the US delays Ethereum ETF approvals, Hong Kong aims to launch Ethereum ETFs swiftly. With surging adoption, Hong Kong positions itself as a potential leader in crypto ETF offerings, anticipating strong market demand.The London Stock Exchange (LSE) will accept applications for Bitcoin and Ethereum ETNs in Q2 2024, reflecting growing institutional interest in crypto. The move follows the success of the US Spot Bitcoin ETF. LSE emphasizes stringent safeguards, aligning with UK's FCA stance prioritizing investor protection in cryptoassets.
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#cryptonewstoday #blockchain #cryptocurrencynews #CoinGabbar

Step-by-Step Guide to Making Money with CurrencyMiner Cloud Mining!
Bitcoin hits all-time high of $70,000. If you're not making money from the current Bitcoin price surge, CurrencyMiner can help you make up for it through cloud mining.
On March 9, the price of Bitcoin hit an all-time high of $69,917.6. Jad Comair, founder of digital asset investor Melanion Capital, said: This is not only an amazing price increase, but also a paradigm shift for Bitcoin. Investors allocating Bitcoin today will be five to ten times more confident than they were just a few years ago.
The author believes that although the confidence of Bitcoin investors has indeed been greatly improved after this round of price carnival, Bitcoin is still a volatile investment target and is only suitable for professional investors with strong risk tolerance. Therefore, the author does not encourage investors with low risk tolerance to invest directly in Bitcoin. On the contrary, Bitcoin cloud mining with low risk and stable income is more worthy of investment by small and medium investors. For example, several of my friends have achieved excellent investment results of making $1,000 a day by investing in CurrencyMiners' cloud mining contracts.

Cloud mining is a shared mining business launched by the world's top Bitcoin miners such as CurrencyMiners. Investors do not need to purchase mining machines, rent sites, operate and maintain. It is a new investment method that allows you to share mining rewards by simply purchasing a computing power contract. Through this investment method, investors do not need to bear the costs of mining machines, sites, energy, maintenance, labor, etc., nor do they need to worry about whether they can mine Bitcoin.
CurrencyMiners executives told the author that the cloud mining business can ensure that CurrencyMiners has a steady stream of funds to deploy computing power to increase Bitcoin production. Investors can avoid the risk of asset fluctuations caused by directly holding Bitcoin, and can also avoid the unpredictability of output faced by their own investment in mining. This is a great win-win project for everyone.
According to the author’s CurrencyMiners investor friends, you can earn at least 4 types of income by investing in CurrencyMiners’ computing power contracts:
1: Create an account at CurrencyMiners. (This is super simple. You only need to click on the official website to register, fill in your email address, login account, login password, etc. in the form to complete the registration.) You can also get 10 US dollars in experience and you can recharge funds when you create an account, which is very considerate. .
2: Choose the contract that suits your purchase and buy. CurrencyMiners offers you a variety of contracts with different amounts of “hash power”. You can invest starting from $100 and get daily returns of up to 3%. You can choose any one of them or purchase multiple different contracts or multiple contracts of the same contract depending on your needs.
①[BTC free computing power]
Project amount: $10
Daily income: 5% [$0.5]
Cycle time: 1 day
Fixed reward: $10+$0.5

②[BTC newbies experience computing power]
Project Amount:$100
Daily income: 3% [$3]
Cycle time: 2 days
Fixed reward: $100+$6

③[BTC Classic Hashrate]
Project Amount:$500
Daily income: 1.33% [$6.65]
Cycle time: 8 days
Fixed reward: $500+$53.2

④[BTC Classic Hashrate]
Project amount:$1,000
Daily income: 1.5% [$15]
Cycle time: 15 days
Fixed reward: $1000+$225
3: Pay the amount required by the contract. Once the payment is made, you can sit back and wait for your earnings.
Additionally, CurrencyMiners offers 24-hour online service from an expert team that pays out profits daily. Ensure user funds are safe and visible. CurrencyMiners does not charge any maintenance fees except for contract fees, making it a truly low-cost, high-yield cloud mining platform.

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Bullish Trend in the Market Due to Ethereum ETF Approval Rumors
The Crypto market has kicked off another bull run, with Bitcoin's price nearing $70,000 and Ethereum aiming for a $4,000 target. The crypto market capitalization has also reached approximately $2.57 trillion, marking a 3% increase in the last 24 hours. The biggest beneficiaries of this bull run have been meme coins. The market cap of meme coins is about $60.5 billion, reflecting a 13.4% rise.

Ethereum's meme coin, Pepe, has gained the most from this bull rally, with its price surging by 25% in the past 24 hours, reaching a new all-time high. Over the past month, Pepe has increased by about 111%, making it the top-gaining Meme coin. It has also become the 22nd largest Cryptocurrency by market cap. Additionally, Solana's meme coin, Bonk, has also benefited from this rally.
Besides these, there has been continuous growth in both old and new Meme tokens this week. Base Pro Shops saw the highest gain with a 136% increase. Meme coin leader, Dogecoin (DOGE), is up 5% today and 13% over the past seven days, while Shiba Inu is trading sideways today but has seen an 8% inflow this week.
Pepe is Still Bullish

Given the increasing demand for PEPE in the market, it can be expected that the token's price will continue to rise, and in the coming days, PEPE's price might increase even further. The token is currently ranked 22nd. If the bullish trend continues, PEPE could become one of the top 20 Cryptocurrencies. Over the past month, PEPE's price has been surging, and this trend is still ongoing. If this trend continues, it could reach a new all-time high again. It is possible that the meme coin could even approach $1 in the future. There are several reasons behind the token's rise, making it a top-performing meme coin.

Ethereum ETF Boosts Meme Coin Prices

The main reason for the increase in Meme coin prices is the news of the Ethereum ETF approval. The market expects that the SEC will soon approve the Spot Ethereum ETF. Some market experts even believe that the Ethereum ETF could be approved this month. This anticipation has caused a surge in all Cryptocurrencies, especially Meme Coins.

Additionally, the growing trend towards Meme tokens in the Crypto Market and the increasing buzz on social media are also playing a significant role in boosting Meme Coin prices. The rising popularity is attracting more and more investors to Meme tokens, which is crucial in driving up their prices.

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