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â€ïž You asked, "When token?" Our answer: Very soon đ Nomis airdrop: https://bit.ly/4goCPuy $N is Coming ---> Prepare Your Scores.
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In the first half of 2024, stablecoins facilitated transactions totaling $2.6 trillion. đ” Visa and Castle Island Ventures project that by the end of the year, this volume could soar to $5.28 trillion. Stablecoins are predominantly utilized for cross-border payments, remittances, payroll, and trading, especially in emerging markets like Nigeria and Brazil. đ Key Stats: âȘïž47% use stablecoins for savings âȘïž43% for better currency conversion âȘïž39% for earning yields 57% of users have increased their stablecoin use over the past year, and 72% expect this trend to continue. đđž
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CEX.IO Resumes UK Crypto Operations đŹđ§ After a hiatus, CEX.IO is back in the UK following compliance with new FCA regulations. đ Last year, new rules on crypto asset promotions led CEX.IO to voluntarily suspend its UK services. Now, with the FCA's requirements met, including risk warnings and investor assessments, the exchange is ready to reenter the market.
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đ Standard Chartered Predicts Bitcoin Will Hit New Highs Regardless of US Elections đșđž đ Standard Chartered analysts forecast that Bitcoin will reach new all-time highs by the end of the year, regardless of the US election results. They estimate Bitcoin could surge to $125K if Trump wins and $75K if Harris prevails. đ§ While US political policies do influence crypto prices, the bank believes other factors play a more significant role. Earlier this year, they projected Bitcoin might hit $150K by December 2024 and $200K by the end of 2025, with Ethereum possibly reaching $8K and $14K, respectively. đ In contrast, Bernstein's recent report suggests Bitcoin might peak if Trump wins but could drop to $30-40K if Harris wins. Stay tuned for more updates! đđ
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đšSEC's Shifting Stance on Crypto Assets: What's Going On? The SEC is stirring up confusion by claiming it never meant for "crypto asset securities" to imply that tokens themselves are securities. Despite using the term frequently, the SEC now says it refers to the full context of contracts and sales expectations, not the assets themselves. đ§đ đ In its updated complaint against Binance, the SEC admits its terminology might have caused confusion and vows to stop using it. Critics, including legal experts and industry leaders, are baffled and accuse the SEC of extreme gaslighting and contradictions. Ripple's lawyers argue that the SEC's stance is "a twisted pretzel of contradictions." đ„š The SECâs lawsuit against Binance continues, alleging violations of securities laws and claiming that some crypto assets are investment contracts under the Howey test. đ¶âđ«ïž
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