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⚠️ SEC Labels Upcoming Ripple Stablecoin as an Unregistered Crypto Asset Even though Ripple has yet to release its long-awaited stablecoin, the US Securities and Exchange Commission (SEC) has already classified the upcoming US dollar-backed token as an “unregistered crypto asset.” The Securities and Exchange Commission (SEC) made this classification in its response to Ripple's objection to its initial review of remedies. $XRP #XRP #SEC

⚠️ SEC Labels Upcoming Ripple Stablecoin as an Unregistered Crypto Asset

Even though Ripple has yet to release its long-awaited stablecoin, the US Securities and Exchange Commission (SEC) has already classified the upcoming US dollar-backed token as an “unregistered crypto asset.”

The Securities and Exchange Commission (SEC) made this classification in its response to Ripple's objection to its initial review of remedies.

$XRP #XRP #SEC

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🐋 DOGE Skyrockets 100% in Whale Transactions Amid Dogecoin ETF Rumors Dogecoin (DOGE), the famous meme-inspired cryptocurrency, is experiencing a surge in large transactions in the last 24 hours, indicating potential activity from major investors, or "whales." According to data from IntoTheBlock, the total value of these large transactions, exceeding $100,000, nearly doubled in the past 24 hours, jumping from $1.53 billion to a staggering $3.01 billion. This translates to a significant rise in the volume of DOGE being moved by these whales, from 9.74 billion to 17.97 billion coins. This surge in whale activity coincides with growing speculation about a potential Dogecoin ETF. The recent optimism surrounding the Ethereum ETF has fueled rumors that DOGE could be next in line for its own regulated investment vehicle. 🔸 Why is Dogecoin ETF possible? Dogecoin appears to have several factors working in its favor for ETF approval. Unlike some other cryptocurrencies, DOGE is not suspected of being a security, its futures are already approved by the U.S. Commodity Futures Trading Commission (CFTC) and it boasts a healthy market capitalization of $24 billion, ranking it as the eighth largest cryptocurrency. Interestingly, Billy Markus, one of the creators behind Dogecoin under the pseudonym Shibetoshi Nakamoto, has even chimed in on the ETF rumor with a lighthearted "amusing" remark. Whether fueled by these rumors or not, the recent surge in whale transactions suggests heightened interest in DOGE, and investors are watching closely to see if this translates to a price increase. $DOGE #DOGE #Dogecoin
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⚠️ Top 2 Coins That Can Reach $1 in 2024 🔸 Cardano (ADA): The Smart Contract Innovator Cardano (ADA) has positioned itself as a leader in the blockchain space with its focus on security, sustainability, and scalability. Known for its rigorous peer-reviewed development process, Cardano (ADA) aims to provide a more balanced and sustainable ecosystem for cryptocurrencies. With a strong development team and growing adoption, Cardano (ADA) has the potential to reach $1, offering a compelling investment opportunity for those looking to capitalize on the next big thing in blockchain technology. 🔸 Ripple (XRP): The Payment Giant Ripple (XRP) is a well-established cryptocurrency known for its focus on facilitating real-time cross-border payments. Ripple’s partnerships with major financial institutions and its use of the XRP ledger for fast and low-cost transactions have positioned it as a leader in the payment space. Despite regulatory challenges, Ripple (XRP) continues to show resilience and growth potential.Coins That Can Reach $1 in 2024 $XRP $ADA #XRP #ADA
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⚠️ Shiba Inu (SHIB) Loses Market Spot to Avalanche (AVAX): Details In a reshuffling move, dog-themed cryptocurrency Shiba Inu (SHIB) has lost its market spot to Avalanche (AVAX). Shiba Inu has remained in 11th place in the market rankings after falling out of the top 10 due to profit-taking following its stunning 300% increase in late February to early March. Despite the profit-taking that followed, Shiba Inu fiercely defended its rankings, remaining in 11th place throughout. However, Shiba Inu's resolve has been tested with Avalanche overtaking it, pushing it to 12th place in the crypto market rankings. Shiba Inu's drop in the rankings coincides with a larger market fall that has seen SHIB lose roughly 4% of its value in the last 24 hours. This fall follows profit-taking after the SHIB price reached a high of $0.00002684 during today's trading session. Earlier in the week, crypto prices rose on hints of progress toward U.S. approval of exchange-traded funds investing directly in Ethereum as optimism revived. SHIB's price climbed alongside the market, but to a smaller extent. SHIB is currently up 5.15% over the last seven days, as its gains were relatively muted by the stiff daily MA 50 barrier near $0.000025. In recent weeks, specifically since mid-April, Shiba Inu's price has been constricted by the daily SMA 50 barrier. Shiba Inu consistently faced a battle surpassing this level; however, the bulls made a successful attempt on May 20 before confronting resistance. Conversely, Avalanche experienced a surge in value, climbing over 18% in the past week. This growth has propelled AVAX to overtake SHIB, with a current market capitalization of $15.6 billion compared to Shiba Inu's $14.8 billion, according to CoinMarketCap data. As the market scenario unfolds, eyes will be on Shiba Inu to see if it can sustain its rise above the tough daily MA 50 barrier. Whether SHIB can reclaim its position or AVAX will continue to climb the ranks remains to be seen. $SHIB $AVAX
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🐸 Coin : PEPE / USDT - LONG SIGNAL 📈 Time Interval: 1h 🕗 Price : $0.00001383 ------------- Based on the technical indicators for PEPEUSDT on the 1-hour timeframe, I would recommend a BUY. The price is above the SMA20, SMA50, EMA20, and EMA50, indicating bullish momentum. The RSI is also in the overbought territory but still below 70, suggesting potential further upside. 🟢 Take Profit: $0.0000145 🔴 Stop Loss: $0.0000132 $PEPE #PEPE #signaladvisor
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🍕HOW A 10,000 BITCOIN PIZZA CHANGED BITCOIN ● Today, May 22, marks 14 years since a Florida programmer made the first transaction using Bitcoin ● Laszlo Hanyecz spent 10,000 bitcoin to buy two Papa John’s pizzas ● His act is now mythologized as Bitcoin Pizza Day, celebrated throughout the crypto sector Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born. The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!” 🔸 Pizza Set the Stage for Bitcoin Revolution Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas. 💬 “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said. 💬 “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…” Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin. The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices. More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion. $BTC #pizzaday #BTC
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