Author: John Smith
The SEC’s newly formed crypto task force has been meeting with influential figures in the crypto space. On February 21, Michael Saylor, founder of Strategy, met with the Securities and Exchange Commission’s newly formed crypto task force to discuss the regulatory future of digital assets. The meeting focused on addressing key challenges surrounding crypto regulation. Saylor provided supporting documents outlining his approach to regulation, which were discussed with SEC officials. According to the log, the conversation focused on a proposed framework for digital assets, focusing on establishing a clear taxonomy, legitimacy through rights and responsibilities, and practical compliance to promote…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Chainlink eyes a breakout, XYZVerse is making waves with an $8m presale raise and ambitious growth targets. Chainlink (LINK), an established cryptocurrency, is edging toward a potential breakout after a period of consolidation. On the other hand, XYZVerse (XYZ), a new entrant, is shaking up the market with a significant presale funding achievement. This article explores these pivotal moments that could influence the digital asset landscape. XYZ aims for 99,900% growth and G.O.A.T. status XYZVerse is transforming the…
The Dubai Financial Services Authority has approved Circle’s USDC and EURC as the first officially recognized stablecoins under Dubai’s new token regime. Circle announced on Feb. 24 that the DFSA had approved both USDC (USDC) and EURC (EURC) as crypto tokens under the new token regime of the Dubai International Financial Centre. It’s the first such approval by the DIFC, an independent financial and commercial jurisdiction in the United Arab Emirates. The financial district has operated independently since its establishment in 2004 and offers a free economic zone with over 6,000 companies. New regulations on digital asset use restrict the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin and Shiba Inu struggle under market pressure, BitLemons is stealing the spotlight with a unique presale. As the cryptocurrency market grapples with increased volatility, leading meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are feeling the heat. But amidst the uncertainty, one rising star is capturing the attention of savvy investors: BitLemons (BLEM). With its unique approach to online gaming and impressive presale performance, BLEM is poised to disrupt the industry and deliver substantial returns. BLEM’s presale…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Elon Musk’s tweet ignited a 500% surge in FloppyPepe, with crypto insiders seeing it as the next Dogecoin. One tweet and the crypto world erupts again. Tesla CEO Elon Musk has unknowingly turned the spotlight on FloppyPepe (FPPE), sending its value soaring by 500%. Now, whispers from crypto insiders suggest it could be the next Dogecoin (DOGE). This unknown token is about to cement itself as the next viral sensation. Musk might have created the next Dogecoin Elon Musk’s…
Steven Pu, co-founder of layer-1 blockchain Taraxa, released a report on Feb. 24 highlighting a significant gap between claimed and actual blockchain performance. Analyzing 22 networks using data from Chainspect, the study found that theoretical transactions per second (TPS) are overstated by an average of 20 times compared to real-world results. According to the findings, this discrepancy stems from lab-based metrics that fail to hold up on live mainnets. The report introduces a new metric: TPS per dollar spent on a validator node (TPS/$), aiming to measure cost-efficiency rather than just raw speed. Across the 22 chains, theoretical TPS averaged…
The largest financial hack in history could provide a silver lining for Ethereum’s price as Bybit announced a full recovery, Bitfinex analysts wrote. Hackers, believed to be the notorious North Korean group Lazarus, stole nearly $1.5 billion in Ethereum (ETH) and Ether derivatives from crypto exchange Bybit last week. Ethereum’s price, which had shown tepid action before the hack, weakened further due to the Bybit breach and subsequent market volatility. Discussions about the hack’s impact flooded social platforms, but Bitfinex analysts believe Ether’s price could benefit from the incident. “If Bybit needs to replenish customer funds, they may be forced…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s price stalls, investors are shifting focus to RCO Finance, an AI-driven altcoin poised for growth. As the Bitcoin (BTC) price hovers in suspended animation, the crypto world holds its breath, waiting for the next seismic shift. The king of cryptos has been in a consolidation phase, trading between $94,000 and $99,000 for the past two weeks. This period of relative calm in the Bitcoin price has created an unexpected opportunity for a rising star in the crypto…
Meme coins are facing a steep sell-off across the board as Bitcoin remains stable.Meme coins have taken a sharp hit in the past 24 hours, with Dogwifhat (WIF), Ai16z (AI16Z), and Bonk (BONK) leading the declines among the sector’s largest tokens, according to Coinmarketcap. However, Bitcoin (BTC) holds steady, down by just 0.63% and 0.93% on the daily and weekly timeframes respectively. This divergence highlights a common trend: Speculative assets like meme coins thrive on momentum and hype. When BTC is stable, trading volume and liquidity in meme coins often dry up, leading to price declines. Ai16z The Ai16z’s daily…
Changpeng Zhao, better known in the crypto industry as CZ, is joining artificial intelligence startup Vana as an advisor. YZi Labs, the venture capital firm recently rebranded from Binance Labs, announced the strategic investment and CZ advisor on Feb. 24. “We’re thrilled to announce YZi Labs’ strategic investment in Vana and to welcome CZ as an advisor as we advance the Data Layer for AI alongside our expanding DataDAO ecosystem,” Vana posted on X. The move is part of YZi Labs’ investment in Vana, the first the CZ-led firm is taking in an AI protocol since the rebranding early this…