In recent years, cryptocurrencies have created extraordinary opportunities for those who invest with strategy and vision. Among the various categories, meme coins have captured global attention for their viral potential and ability to generate astronomical returns in a short time. Here are the 5 best ways to profit from cryptocurrencies, focusing on meme coins and the best platforms available.
1. Invest in Meme Coins at the Right Time
Meme coins are known for their volatility and their ability to skyrocket in value thanks to support from online communities. To maximize your profits:
• Follow trends: Platforms like Reddit and Twitter are perfect for spotting new trends.
• Get in early: Investing in the early stages of a project can lead to exponential returns.
• Set an exit strategy: Meme coins can experience sudden crashes, so knowing when to sell is crucial.
Examples of success:
• Shiba Inu: In 2021, many early investors saw their portfolios grow by over 1,000,000%.
• Pepe: Launched in 2023, it became one of the most popular meme coins thanks to its strong community and viral narrative.
• Chill Guy: A recent meme coin that’s gaining traction due to its innovative concept and backing from crypto influencers.
2. Participate in Launches and Airdrops of New Cryptocurrencies
Many emerging cryptocurrencies, including meme coins, offer airdrops or pre-sale events to attract users and spread their projects. Participating in these initiatives is often free and can be very lucrative.
• Monitor new projects: Sites like CoinMarketCap and CoinGecko highlight the latest initiatives.
• Take advantage of airdrops: These often require only simple tasks, such as following the project on social media.
This is a low-risk strategy, but always research thoroughly to avoid scams.
3. Trade Highly Volatile Cryptocurrencies
Active trading of meme coins can yield significant profits thanks to their high volatility. To make the most of this strategy:
• Learn technical analysis: Study charts and trends to predict price movements.
• Use safe and reliable exchanges: In addition to major platforms, consider using MelegaSwap, a decentralized exchange (DEX) that ensures secure, anonymous, and intermediary-free trading.
Decentralized platforms like MelegaSwap give you full control over your funds, reducing risks associated with centralized exchanges.
4. Stake and Farm Meme Coins
If you’re looking to earn passively, staking and farming are excellent options. These methods allow you to generate passive income by leveraging your meme coins or other cryptocurrencies.
• Staking: Lock your tokens to earn rewards. MelegaSwap, one of the best multi-chain platforms, offers competitive staking opportunities and an intuitive interface.
• Yield farming: Provide liquidity in specific pools to earn additional rewards. MelegaSwap also stands out here with its flexibility and support for multiple blockchains.
Visit melega.finance to explore these features to the fullest.
5. Create Your Own Meme Coin or NFT
With the right idea and an effective marketing strategy, creating your own meme coin or NFT collection can be extremely profitable. Meme coins often start as jokes but can attract millions of investors with a strong community.
• Design something unique: A catchy name and engaging narrative can make a big difference.
• Promote on social media: Work with influencers and leverage platforms like TikTok, Reddit, and Twitter.
• Monetize smartly: Use your project to raise funds and build a loyal user base.
Conclusion
Investing in cryptocurrencies and meme coins offers a unique opportunity, but it requires caution and preparation. Reliable platforms play a key role in success. Tools like MelegaSwap not only provide secure trading but also allow users to explore multi-chain staking and farming to maximize returns.
Remember, the crypto world is volatile: study, diversify, and only invest what you can afford to lose. With the right strategies and platforms, even meme coins can become a stepping stone to financial freedom.

#MelegaSwap #melega #melegamarco #Memecoin🤑🤑 #MemeCoinMania

Melega.Finance is quickly establishing itself as a standout player in the cryptocurrency space. Originally designed for the BNB Smart Chain, the project has expanded its reach to major blockchains such as Ethereum, Polygon, and Base, demonstrating its commitment to accessibility and innovation. Now, Melega is preparing to extend its ecosystem to Solana, positioning itself to capitalize on the current wave of memecoin popularity.
This ambitious expansion reflects Melega’s vision to become a leading force in decentralized finance, offering cutting-edge tools and opportunities to a growing global community.
Key Milestones in Melega’s Development
1. Broadening Multi-Chain Compatibility
Melega’s dApp now supports some of the most influential blockchains in the crypto world, including Ethereum, Polygon, and Base. This expansion not only increases the platform’s utility but also ensures that users across different networks can benefit from its advanced features. This multi-chain approach underscores Melega’s goal of being a truly versatile and inclusive ecosystem.
2. Unveiling the Blackpump.fun LaunchPad
The introduction of Blackpump.fun, currently in beta, marks an exciting chapter for Melega. This platform empowers new crypto projects by providing essential tools for fundraising, liquidity, and community building. It is poised to become a hub for innovation and collaboration, driving fresh opportunities within the ecosystem.
3. Okirikiri.com: Driving a Circular Economy
The launch of Okirikiri.com reflects Melega’s dedication to sustainability and long-term growth. By enabling a circular economic model, this protocol fosters value creation for users and projects alike, laying the foundation for a self-sustaining ecosystem that can thrive in the ever-changing crypto landscape.
4. Upcoming Expansion to Solana
With Solana experiencing a surge in memecoin activity, Melega’s decision to integrate its dApp with this blockchain is a strategic masterstroke. The move is expected to attract a new wave of users and projects, further diversifying and strengthening Melega’s ecosystem.
$MARCO: The Engine Driving Melega’s Success
At the center of Melega’s ecosystem is its flagship token, $MARCO. Listed on prominent platforms like CoinMarketCap and CoinGecko, $MARCO is gaining visibility among crypto investors worldwide. The token is exclusively available on Decentralized Exchanges and MelegaSwap, ensuring that its value is closely tied to the project’s ecosystem.
Following its initial All-Time High (ATH) shortly after launch, $MARCO is now trading at an attractive price point, presenting a compelling opportunity for investors. With the ongoing market recovery and Bitcoin’s recent milestones, $MARCO is well-positioned to achieve significant growth, with the potential to reach a billion-dollar market cap in the near future.
Melega.Finance: A Vision for the Future
Melega.Finance is not just building a crypto ecosystem; it’s redefining what a decentralized platform can achieve. With its focus on innovation, user empowerment, and strategic expansion, Melega is poised to become a major force in the cryptocurrency industry.
The ecosystem’s rapid growth, coupled with a passionate community and the promising future of $MARCO, makes Melega a project to watch closely. Whether you’re an investor or a crypto enthusiast, Melega offers a unique opportunity to be part of a transformative journey.
As Melega continues to innovate and adapt, its potential to reshape the crypto landscape becomes increasingly evident. This is a project with the vision, drive, and tools to lead the next wave of decentralized finance.
#MelegaSwap #melegamarco #melega #blackpump #okirikiri

Bitcoin has made history by breaking the $100,000 mark, reaching a high of $103,900, and pushing the total market cap over $2 trillion. Meanwhile, Ether (ETH) has risen past $4,000, returning to levels not seen since March 2024. 
At the same time, U.S. spot Bitcoin ETFs have now accumulated more Bitcoin than its creator, Satoshi Nakamoto, surpassing 1.1 million BTC since their launch in January. As of December 5, they hold about 1,103,965 BTC. 
Last week was packed with exciting developments in the crypto world! Here are the key highlights you might have missed.
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (December 1 - 7, 2024)
●      Bitcoin Surpasses $100,000 Despite Weak Global Market Performance
●      FCA Blocks Pump.fun in the UK Over Unauthorised Operations
●      Lawrence Summers Criticizes Trump's Bitcoin Reserve Plan
●      Bitcoin Reaches $2 Trillion Milestone in Less Than 16 Years
●      Trump Nominates Paul Atkins as SEC Chair, Pledging Pro-Crypto Leadership
●      Haliey Welch's Hawk Tuah Memecoin Plummets 90% Amid Controversy
Bitcoin Surpasses $100,000 Despite Weak Global Market Performance
Bitcoin reached the historic $100,000 milestone on December 6, defying sluggish momentum in global assets like oil, gold, and the S&P 500. While Bitcoin surged 32% in the past month, oil dropped 6.3%, and the S&P 500 and gold saw slight declines. This rally signals strong investor confidence, with analysts predicting it could continue through 2025. Despite declining global liquidity, Bitcoin's rise is seen as a promising sign, with expectations for a potential peak above $110,000 by early 2025, barring significant market corrections.
FCA Blocks Pump.fun in the UK Over Unauthorised Operations
The UK's Financial Conduct Authority (FCA) has warned against Pump.fun, a memecoin generator, for operating without authorization. The platform allows users to create tokens on the Solana blockchain. It may offer financial services in the UK without permission, leaving users without consumer protections like the Financial Ombudsman Service. The FCA advised users to avoid dealing with Pump.fun. Despite the ban, some users are attempting to bypass restrictions using VPNs. The FCA has previously targeted similar unregulated crypto platforms.
Lawrence Summers Criticizes Trump's Bitcoin Reserve Plan
Former U.S. Treasury Secretary Lawrence Summers dismissed President-elect Donald Trump's proposal for a national Bitcoin reserve, calling it "crazy" and a tactic to appeal to crypto donors. Summers questioned the rationale for accumulating Bitcoin, likening it to historical reserves like oil or gold. Despite criticizing the reserve plan, Summers agreed with Trump's stance that cryptocurrency has been over-regulated, emphasizing the need for financial innovation. Trump's idea, supported by some Republicans, proposes the U.S. government acquire and hold Bitcoin to address the national debt.
Bitcoin Reaches $2 Trillion Milestone in Less Than 16 Years
Bitcoin has reached a historic milestone, becoming a $2 trillion asset in under 16 years, far quicker than companies like Amazon (29 years) and Apple (42 years). On December 5, Bitcoin broke the $100,000 mark, with ARK Invest CEO Cathie Wood predicting even greater potential. Wood emphasized Bitcoin's superiority over gold, calling it "a much bigger idea." Bitcoin now represents 52.6% of the $3.9 trillion crypto market. Wood also suggested that Bitcoin could reach $1 million by 2030, driven by increasing institutional support.
Trump Nominates Paul Atkins as SEC Chair, Pledging Pro-Crypto Leadership
President-elect Donald Trump has nominated Paul Atkins to replace Gary Gensler as SEC chair, citing his experience as a former SEC commissioner and his pro-crypto stance. Atkins, a digital assets advocate, has worked on crypto regulations as Co-Chairman of the Digital Chamber's Token Alliance. Trump described him as a "proven leader for common-sense regulations," emphasizing transparency and investor protection. This nomination aligns with Trump's campaign promise to support the crypto industry, promising a shift from Gensler's anti-crypto policies that have led to numerous legal battles.
Haliey Welch's Hawk Tuah Memecoin Plummets 90% Amid Controversy
Haliey Welch's Hawk Tuah (HAWK) memecoin saw a dramatic 90% plunge shortly after its December 4 launch, sparking outrage over allegations of insider sales and "snipers" — entities that rapidly acquire tokens at launch. The coin briefly reached a $490 million market cap before crashing to $41.7 million. Despite claims from Welch that her team did not sell any tokens or give coins to key opinion leaders, data revealed that a wallet sniped 17.5% of HAWK's supply, profiting $1.3 million. The incident has led to potential legal actions and SEC complaints.
NEWS FROM MELEGASWAP
MelegaSwap is expanding on SOLANA NETWORK!
We are thrilled to announce that MelegaSwap will be operational on the SOLANA Network within 15 days. Unlike the current platform, MelegaSwap on SOLANA will use the Raydium router, ensuring maximum liquidity for the best trading experience. Click here to learn more.
Cboin (CBN) Listed on MelegaSwap
Cboin (CBN) is a newly emerging cryptocurrency on PancakeSwap v3 that offers promising growth potential. As of now, its value has increased by 26.42% within the last 24 hours, making it an exciting prospect for early investors.
Trust Wallet (TWT) Farm Listed on MelegaSwap
$TWT is a utility token that increases the adoption of cryptocurrency.
Fantom (FTM) Farm Listed on MelegaSwap
Fantom is a directed acyclic graph (DAG) smart contract platform providing developers with decentralized finance (DeFi) services using its own bespoke consensus algorithm.
Green Metaverse Token (GMT) Farm Listed on MelegaSwap
STEPN is a "Web3 lifestyle app" with GameFi elements on the Solana blockchain. It combines aspects of a play-to-earn game with a fitness app to create a new category coined "move-to-earn." Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
Spectral Token (SPEC) Farm Listed on MelegaSwap
Transforming Static Memes to Sentient Agents.
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melegamarco #melega #BTC500K #pumpfun

This week was a mixed bag for the crypto world. On the bright side, the price of Ethereum-based memecoin Pepe reached new heights, and Ethereum itself saw a significant jump following the long-awaited approval of spot Ether ETFs in the US.
However, the crypto community mourned the loss of Kabosu, the Shiba Inu dog who became an internet sensation as the face of the "Doge" meme and inspired the Dogecoin memecoin. Kabosu passed away peacefully at an estimated age of 18.
Despite the somber news, the overall crypto market experienced a positive swing, with Bitcoin surpassing $71,000. We'll dive deeper into six intriguing developments you might have missed this week.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegaexchange) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (May 19–May 25, 2024)
●      SEC Approves Spot Ether ETFs, Paving Way for Broader Crypto Adoption
●      Vitalik Buterin Proposes Solutions for Ethereum’s MEV Problem
●      Trump Campaign to Accept Cryptocurrency Donations
●      US House Passes FIT21 Crypto Bill with Bipartisan Support
●      Uniswap Vows to Fight SEC Wells Notice, Supports Pro-Crypto Legislation
●      Gala Games CEO Cites Internal Control Failures for $23M Token Exploit
SEC Approves Spot Ether ETFs, Paving Way for Broader Crypto Adoption
The U.S. Securities and Exchange Commission (SEC) has approved multiple spot Ether ETFs, marking a significant milestone in cryptocurrency regulation. Unlike spot Bitcoin ETFs, which required a vote from the SEC's five-member committee, spot Ether ETFs were approved by the Trading and Markets Division.
Major firms, including VanEck, BlackRock, and Fidelity, received the green light for their ETF proposals. Despite this approval, these ETFs must still have their S-1 registration statements signed off by the SEC before trading can commence. This decision follows recent legislative moves aimed at clarifying crypto regulations.
Vitalik Buterin Proposes Solutions for Ethereum’s MEV Problem
On May 17, Ethereum co-founder Vitalik Buterin proposed several solutions to tackle ‌miner-extracted value (MEV), where block producers manipulate transaction orders for profit, causing network congestion and high gas fees.
Buterin suggested a combination of MEV quarantining, MEV minimization, inclusion lists, and lowering node requirements. MEV minimization aims to limit information accessible to MEV developers, while quarantining separates transaction validation from block content selection. Inclusion lists ensure all transactions are included in blocks. These measures aim to preserve Ethereum's decentralization and trust.
Trump Campaign to Accept Cryptocurrency Donations
Former President Donald Trump announced that his 2024 presidential campaign will accept cryptocurrency donations. His campaign launched a fundraising page on May 21, allowing contributions through Coinbase Commerce in various cryptocurrencies, including Bitcoin, Ether, and Dogecoin.
This move comes as Trump remains the presumptive Republican nominee and prepares for potential debates with President Joe Biden, the likely Democratic nominee. Despite this crypto-friendly fundraising approach, Trump’s campaign platform does not explicitly address digital assets or blockchain technology.
US House Passes FIT21 Crypto Bill with Bipartisan Support
The U.S. House of Representatives approved the Financial Innovation and Technology for the 21st Century (FIT21) Act to provide regulatory clarity over digital assets. The bill passed with a 279 to 136 vote and received support from 71 Democrats and 208 Republicans. If enacted, it would define the roles of the SEC and CFTC in regulating digital assets.
While proponents argue it promotes innovation, opponents, including Representative Maxine Waters, warn it could lead to deregulation and potential financial instability. The Senate will now consider the bill.
Uniswap Vows to Fight SEC Wells Notice, Supports Pro-Crypto Legislation
Uniswap Labs, the developer behind the Uniswap decentralized exchange, has vowed to contest a Wells notice issued by the SEC, which suggests potential enforcement action. Uniswap criticized the SEC's legal stance as "weak" and expressed readiness to defend itself in court.
The firm highlighted its legal team's success in previous cases against the SEC. Uniswap also backed the Financial Innovation and Technology for the 21st Century Act, a bill that could shift crypto regulation from the SEC to the CFTC, potentially nullifying the SEC's case.
Gala Games CEO Cites Internal Control Failures for $23M Token Exploit.
Gala Games CEO Eric Schiermeyer confirmed a security breach that led to the unauthorized sale of 600 million GALA tokens worth $23 million. Schiermeyer blamed "messed up" internal controls for the incident. The breach also involved the effective burn of 4.4 billion tokens. Despite the compromise, Gala's Ethereum contract remained secure.
The company collaborates with the FBI and other authorities to investigate the incident. The security breach caused a significant drop in GALA's value, which has since partially recovered. However, the attacker returned $22 million in Ether after a few days of the incident.
NEWS FROM MELEGASWAP
Melega (Marco) Burn Event Completed
We are excited to announce that we have successfully completed the BURN EVENT for 10 million $MARCO tokens on the BNB Chain, which is approximately worth $500,000. This event is part of an important development underway on the MelegaSwap Platform, expanding to multiple chains. The $MARCO token will be launched in the next few days on the BASE chain. Here’s the transaction hash.
MARCO Presale Started on Base Chain
We are excited to announce the PRESALE of $MARCO on BASE CHAIN, which started on May 23, 2024, on GemPad. MELEGA (MARCO) is the flagship utility token of MelegaSwap, the rapidly growing black AMM DEX on the BNB Smart Chain that is now expanding on the BASE Chain. The soft cap was smashed and doubled in seconds.
PLUNZ (PLZ) Farm & Pool Listed on MelegaSwap
Introducing PLUNZ, the meme token with a twist! Fronted by a quirky blue sewer rat with braces, PLUNZ offers a unique staking model rewarding holders with USDT. Perfectly balanced tokenomics and a total community-driven approach ensure engaging and lucrative participation.
BOOTYCOIN (BUTT) Farm & Pool Listed on MelegaSwap
BOOTYCOIN is a simple, hyper-deflationary, and low-tax reflection token.  The contract is renounced with a locked LP until the year 2100.
BabyFox (BABYFOX) Farm & Pool Listed on MelegaSwap
BABYFOX is a memecoin dedicated to its community; our objective is to put the community at the heart of the project at the center of power and decisions, all this in total transparency with these investors. Utility NFTs, which will give the right to make decisions + an annual return, will be released at the beginning of June, a multichain swap (fox swap) auto burn at the end of June, and later in the coming months, we will work on a play to earn, a staking platform and a metaverse. our goal beyond crypto is to take the BABYFOX brand beyond the world of cryptocurrency
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #ETHETFsApproved #melegamarco #melega #TrumpCryptoSupport

In a week marked by both progress and volatility, several leading digital assets experienced significant fluctuations. Among them, BNB, the native token of the BNB Chain, set a new all-time high of $720 on June 6 but has since dipped to around $680. 
Notably, this surge in BNB's value coincided with the news that Binance founder and former CEO Changpeng "CZ" Zhao had been transferred to a federal prison in California to serve a four-month sentence related to money laundering charges.
In a contrasting development, Keith Gill, known as Roaring Kitty and the trader behind the GameStop (GME) meme stock frenzy, grabbed the spotlight with his first YouTube livestream in three years. His return is believed to have contributed to the rally surrounding meme coins, with some experiencing triple-digit gains.
Now, we have compiled the top cryptocurrency stories of the past week to help you stay up-to-date with the latest happenings in the ever-evolving crypto market. In this recap, we explore six intriguing developments you might have missed.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegaexchange) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (June 1-8, 2024)
●      Telegram Unveils In-App Currency "Stars" for Mini-App Purchases
●      Robinhood Acquires Bitstamp to Boost US Institutional Crypto Trading
●      SEC Chair Hints at Potential Delay in Spot Ether ETF Approvals
●      New Law Grants US President Authority to Block Digital Asset Access
●      Trump Aims to Be "Crypto President" in 2024 Campaign
●      Vitalik Buterin Criticizes Celebrity Memecoins for Lacking Substance
Telegram Unveils In-App Currency "Stars" for Mini-App Purchases
Telegram launched "Stars," a new digital currency for buying things within its mini-apps. Developers can exchange Stars for Toncoin, Telegram's cryptocurrency, and receive a 70% revenue share on purchases. Telegram even subsidizes ads bought with Stars to help developers avoid app store commissions. This aims to attract businesses to build on Telegram's platform.
Robinhood Acquires Bitstamp to Boost US Institutional Crypto Trading
Robinhood is acquiring Bitstamp for $200 million to expand its cryptocurrency offerings, specifically targeting institutional clients in the US. Despite facing a Wells notice from the SEC in May, Robinhood plans to finalize the deal by mid-2025. The acquisition aims to meet customer demand for more crypto products and integrate Bitstamp’s institutional services, like lending and staking. Bitstamp will maintain its branding post-acquisition.
SEC Chair Hints at Potential Delay in Spot Ether ETF Approvals
SEC Chair Gary Gensler indicated a potential delay in approving spot Ether ETFs, suggesting that the final decision might take months. Despite approving 19b-4 filings for several major firms, the SEC has yet to finalize the listing and trading of these ETFs. Gensler's comments reflect ongoing caution towards cryptocurrency regulations. The SEC's stringent stance remains unchanged as it continues legal actions against major crypto firms while dealing with its own legal challenges.
New Law Grants US President Authority to Block Digital Asset Access
A new U.S. law gives the president unprecedented power to block access to digital assets, causing significant concern about its broad implications. The law allows the president to ban transactions involving foreign entities linked to terrorism, potentially forcing users onto regulated, KYC-compliant blockchains. Critics argue this could centralize control over digital assets, undermining user freedom. The legislation's sweeping scope has been described as a strategic move to enhance governmental oversight of digital financial transactions.
 
Trump Aims to Be "Crypto President" in 2024 Campaign
At a San Francisco fundraiser, former U.S. President Donald Trump declared his goal to become the “crypto president,” raising $12 million for his 2024 campaign. Trump emphasized his support for the cryptocurrency industry, which contrasted with the Democratic Party's regulatory stance. This announcement follows recent criticisms of President Joe Biden’s crypto policies. Trump reiterated the importance of the U.S. leading in the crypto sector, expressing optimism and support for crypto companies.
Vitalik Buterin Criticizes Celebrity Memecoins for Lacking Substance
Vitalik Buterin, the Ethereum co-founder, expressed dissatisfaction with the recent surge of celebrity meme coins, urging projects to have meaningful societal value. He praised initiatives like Ashton Kutcher and Mila Kunis' Stoner Cats for funding actual content, contrasting them with the 2024 meme coin trend. Buterin advocates for projects with long-term impact and public benefits beyond enriching celebrities. His comments followed the release of Iggy Azalea’s MOTHER token amidst wider celebrity token launches and controversies.
NEWS FROM MELEGASWAP
JIMBO (JIMBO) Farm & Pool Listed on MelegaSwap
The story starts from where Jimbo was born. The world needs heroes, and Jimbo is about to become one in the world of cryptos. Jimbo started as small as possible to build a story about how to become 10000X—a story that everyone dreams of, a story that will be told.
Wrapped KFX (wKFX) Farm & Pool Listed on MelegaSwap
KnoxFS, founded in 2018, is developing digital products focusing on decentralized file storage, data security, and privacy using IPFS and Storj. Users can pay and earn wrapped KFX tokens on all products. Other products are in the pipeline, and third-party software owners can join the ecosystem. It has a genuine project, real products, and revenue with a smart contract audited by Solidproof.
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melega #melegamarco #ETHETFS #CelebrityMemeCoins

This week, the crypto market faced significant losses, with Bitcoin falling below $60,000, its lowest point in weeks.BTC declined from a weekly high of $70,000 to around $59,000, following the US government's transfer of over $2 billion in Bitcoin.
In related news, more than 2,200 letters were sent to US senators in 48 hours, urging support for Senator Cynthia Lummis's proposed Strategic Bitcoin Reserve bill.
Additionally, crypto executives are set to meet privately next week with White House aides and Representative Ro Khanna to discuss urgent issues and policy proposals. 
Now, we've handpicked six of the most noteworthy news stories from the past week to keep you in the loop. Join us as we dive into the most impactful events because who doesn't love a good dose of crypto drama?
 
For transparent and decentralized crypto trading and to list your crypto token for free, visit our website and follow Melega Finance (@meleganews) on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (Jul. 28- Aug. 03, 2024)
●      England's Law Commission Proposes New Property Category for Crypto Assets
●      Genesis Completes $4 Billion Restructuring Plan
●      Trump Suggests Bitcoin to Tackle National Debt
●      Congress Receives 2,200 Support Letters After Senator Lummis Proposed Strategic Bitcoin Reserve Bill
●      Ripple Invests $10 Million in Tokenized T-Bills on XRPL
●      Telegram Launches In-App Browser for Decentralized Web Access

England's Law Commission Proposes New Property Category for Crypto Assets
The Law Commission of England and Wales recommended creating a new category of personal property to encompass digital assets like cryptocurrencies and NFTs. In their final report, the commission highlighted the inadequacy of existing classifications, which include tangible and intangible property.
They proposed a "third category" to clearly define and protect the unique features of digital assets, facilitating clearer legal rights and dispute resolutions. A draft bill has been issued, and regulators are reviewing it to ensure robust legal frameworks for the digital asset sector. 
Genesis Completes $4 Billion Restructuring Plan
Genesis, a bankrupt institutional lending platform, completed its Chapter 11 restructuring on August 2, 2024, disbursing $4 billion to creditors. Bitcoin creditors will recover 51.28%, Ether creditors 65.87%, and most altcoin creditors 87.65% of their digital assets.
Solana creditors will receive only 29.58%. Stablecoin and cash creditors are set to recoup 100% in US dollars. A $70 million fund has been established for further legal action against third parties like Genesis’ parent company, Digital Currency Group (DCG). 
Trump Suggests Bitcoin to Tackle National Debt
Former President Donald Trump proposed using Bitcoin to address the U.S.'s $35 trillion national debt, suggesting a "crypto check" could mitigate the crisis. In an interview, Trump highlighted the potential of digital assets, warning that if the U.S. doesn't innovate, other countries will.
The debt has ballooned, with $1 trillion added every 100 days, raising concerns about inflation. Trump and others argue that Bitcoin could hedge against the dollar's devaluation.
Congress Receives 2,200 Support Letters After Senator Lummis Proposed Strategic Bitcoin Reserve Bill
Senator Cynthia Lummis introduced a bill on July 31 to create a U.S. Bitcoin reserve, aiming to bolster national financial reserves with the cryptocurrency. The proposal includes securing 1 million Bitcoins, about 5% of the total supply, with bipartisan support evident from over 2,200 letters sent to senators.
The plan suggests using U.S. Treasury funds to establish secure Bitcoin vaults, potentially positioning the U.S. as a leader in cryptocurrency management and spurring global demand for Bitcoin.
Ripple Invests $10 Million in Tokenized T-Bills on XRPL
Ripple has invested $10 million in OpenEden's initiative to launch tokenized U.S. Treasury bills (T-bills) on the XRP Ledger (XRPL). These TBILL tokens are backed by short-term U.S. government T-bills and collateralized reverse repurchase agreements, marking the first time a traditional finance instrument has been available on a decentralized platform.
The initiative aims to drive institutional access to decentralized finance by tokenizing real-world assets and ensuring security with KYC and AML compliance.
Telegram Launches In-App Browser for Decentralized Web Access
Telegram has introduced an in-app browser that supports decentralized websites, dubbed "TON Sites," available on mobile and desktop. This feature provides instant Web3 access to Telegram's 950 million users, allowing seamless switching between browsing and messaging. 
The platform also launched a Mini App store and introduced a " Stars payment system." Telegram’s new features integrate with The Open Network blockchain, utilizing its cryptocurrency, Toncoin.
NEWS FROM THE MELEGASWAP ECOSYSTEM
Melega (MARCO) Launched on Polygon
MELEGA (MARCO), MelegaSwap's flagship utility token, drives the fast-growing black AMM DEX on the BNB and BASE Chains. It is now extending its reach to the POLYGON Chain.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.

#MelegaSwap #melega #melegamarco #Genesis #bitcoin☀️