The world of cryptocurrencies is constantly evolving, with new tokens and projects emerging almost daily. One such project that is gaining significant attention is Wall Street Memes ($WSM), a meme coin that aims to capitalize on the growing trend of meme-based cryptocurrencies. Unlike popular meme coins like Dogecoin and JIM, Wall Street Memes has captured
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The Securities and Exchange Commission (SEC) has been hesitant in approving a Bitcoin spot exchange-traded fund (ETF) due to significant regulatory concerns. This article explores the reasons behind the SEC’s reluctance, including the prevention of fraud and investor protection. Moreover, the article delves into the impact of partisanship within the SEC, the potential influence of
In a recent development, six law scholars have filed an amicus brief to support Coinbase, a leading cryptocurrency exchange, against the U.S. Securities and Exchange Commission (SEC). This legal document has been hailed as “devastating” for the SEC by crypto lawyer James Murphy. The amicus brief, filed by renowned professors from prestigious law schools such
The cryptocurrency community has been captivated by the remarkable rise of Shiba Inu (SHIB) coin, which has surpassed even the top 10 established cryptocurrencies with a solid 15% increase this week. This surge in SHIB’s price can be attributed to its current burning rate, which has experienced a significant upturn in the last 24 hours.
U.S. Senator Cynthia Lummis has filed an amicus brief in support of Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit. In her brief, Senator Lummis highlights the ongoing debates in Congress regarding crypto regulation and argues that it is the responsibility of Congress, not the SEC, to develop appropriate regulations for
In the ever-evolving world of cryptocurrencies, Shiba Inu and Pepe have emerged as the top performers, outpacing the broader market. Despite the recent news of the SEC delaying its decision on the Ark Bitcoin ETF, both Shiba Inu and Pepe have seen an 8% surge in the past 24 hours. This article delves into the
Chainlink (LINK) has been gaining significant attention in recent weeks, both in terms of price movement and on-chain developments. Crypto analyst Ali Martinez recently shared his insights on the potential price action of Chainlink, emphasizing the establishment of a strong support zone between $6.63 and $6.88. Remarkably, around 29,000 addresses have purchased over 295 million
South Korean prosecutors are seeking maximum prison sentences for executives allegedly involved in a $651 million crypto scam that left thousands of investors out of pocket. The scam involved the promise of payouts to individuals who paid their utilities bills using cryptoassets through the OnNetworks platform. However, the firm reneged on these promises, causing financial
Financial markets have always been known for their unpredictability, making it crucial for investors to seek assistance from experts, charts, and algorithms to make informed decisions. However, with the rise of technology, particularly artificial intelligence (AI), the trading landscape is undergoing a significant transformation. Enter yPredict, a new startup that is developing a platform to
Cardano (ADA), known for its scalability and technological advancements, has seen significant progress in the cryptocurrency market. A recent report by Messari highlights Cardano’s achievements in Q2 2023, solidifying its position as a leading player in the industry. This article delves into the insights provided by the report and explores the potential of Cardano in