Recently, #ElonsMusk has been in the spotlight again in the crypto world. Here are some of the latest news you need to know:
1. Dogecoin Lawsuit Ends 🐕💰 Investor #Dogecoin sued Elon Musk for fraud and price manipulation. The lawsuit has finally ended, but it remains a reminder of Musk's influence over the crypto market.
2. Dogecoin Heading to $1? 📈 There is speculation that #ElonMuskEffect 's influence could push Dogecoin's price to $1. For those who believe in Dogecoin's long-term potential, this could be an interesting time to invest.
3. xAI Buys Nvidia Chips 💻 Elon Musk's AI company xAI just raised $6 billion to buy 100,000 Nvidia chips. The move shows how serious Musk is about developing AI technology that could impact the crypto market.
Crypto Policy Changes in the United States: What You Need to Know
Recently, the United States has announced some significant changes in crypto asset regulations. Here are some key points you need to know: Donald Trump’s Victory and Its Impact: With the re-election of Donald Trump as President, we can expect major changes in crypto regulation. According to Lewis R. Cohen, a crypto asset law expert, these changes may include a shift from a ‘regulation by enforcement’ approach to one that focuses more on real market risks such as fraud and market manipulation.
In the past few days, the price of Nano (XNO) has seen a significant increase. Currently, the price of Nano is around **US$0.9182**, up **3.61% in the last 24 hours** and **19.25% in the last 7 days**². This increase shows the growing interest in this cryptocurrency known for its fast and fee-free transactions.
Nano, formerly known as RaiBlocks, is a digital currency designed to facilitate instant and secure payments with no transaction fees. Using a unique block-lattice data structure, Nano enables efficient and environmentally friendly value transfers, making it an attractive alternative to other proof-of-work based cryptocurrencies¹.