Today Uniswap Labs received a Wells notice from the SEC.
Wells Notice" is a letter sent by a securities regulator to a prospective respondent, notifying him of the substance of charges that the regulator intends to bring against the respondent.
SCC has filled a lawsuit before on $UNI but didn’t work out, don’t think this is gonna work out either but yall have to be careful. IF ITS NOT YOUR KEY 🔑, it’s not your crypto $UNI
Waves cryptocurrency is a proof-of-stake blockchain network, decentralized exchange, and wallet that allows individuals to easily create their own coins as well as exchange and trade cryptocurrencies. The Waves protocol also has smart contract capabilities.
Morgan Creek CEO Reiterates $100K Bitcoin Prediction, Expects Bull Cycle Peak
Mark Yusko, co-founder and CEO of Morgan Creek Capital, reaffirms his belief in Bitcoin’s potential to reach a six-figure price in the near future. Speaking on CNBC, Yusko outlines his optimistic forecast, suggesting that Bitcoin could triple in value from its current fair value or double from its post-halving fair value. He attributes this projection to factors such as the halving event, which historically leads to price increases, and the rise in transaction fees. Yusko predicts Bitcoin could surge to $100,000 or even reach $150,000 in the current cycle, highlighting the diminishing leverage compared to previous cycles.
Yusko anticipates the peak of the bull cycle around nine months after the halving, typically occurring between Thanksgiving and Christmas. He emphasizes the impact of increased demand coupled with reduced supply following the halving, pointing to the historical trend of exponential price growth during this period. With Bitcoin trading at around $70,882 at the time of writing, Yusko’s bullish outlook suggests significant potential for further appreciation in the cryptocurrency’s value in the coming months.
IS $XRP GONNA GET THERE FIRST SPOT ETF APPROVED BEFORE $ETH
The latest updates on XRP spot ETF indicate that there is a greater likelihood of an XRP spot ETF being approved before an Ethereum ETF. Valkyrie CIO predicts that the XRP spot ETF may make it through the SEC's cards sooner. Keep an eye on the news for further developments.