Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme Index raises $2M in presale, offering investors ETF-style exposure to multiple meme coins with a single token. Meme Index (MEMEX), a new token transforming the way investors approach meme coins, has raised an impressive $2 million during its token presale. MEMEX introduces a series of meme coin indices, which function like ETFs but are specifically tailored for meme coins, offering token holders exposure to dozens of meme coins with a single trade. Currently priced at $0.0152852, MEMEX tokens…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Remittix raises $3M in presale, poised for 10x growth, rivaling Shiba Inu and Dogecoin in the $190T PayFi sector. There is a new player in the crypto space that could rival the performance of Shiba Inu (SHIB) and Dogecoin (DOGE). The name is Remittix (RTX). As a PayFi industry leader, Remittix has a low market cap and is linked to the cross border payments sector which is worth over $190 trillion. Remittix has gathered over $3 million in presale,…
Wyoming lawmakers have introduced House Bill 0201, which aims to permit up to 3% of state funds to be invested in Bitcoin. The bill would apply to key funds, such as the general fund and the permanent mineral trust fund, marking a potential milestone in public fund management. If approved, the state treasurer could invest directly in Bitcoin (BTC) through secure custody solutions, registered custodians, or exchange-traded products. To ensure security, the bill mandates stringent custody protocols, including encrypted private key storage accessible only to the treasurer. Additionally, annual performance reports covering Bitcoin holdings, market valuations, and custody arrangements would…
Former Genesis CEO Michael Moro has been sanctioned by the U.S. Securities and Exchange Commission as part of a 2023 lawsuit against its parent company, Digital Currency Group Digital Currency Group, a crypto-focused investment conglomerate, has reached a $38 million settlement agreement with the SEC for misleading investors about risks tied to the now-defunct hedge fund Three Arrows Capital. Court documents filed on Friday, Jan. 17, allege that DCG misled investors through Genesis Global Capital, LLC, its crypto lending subsidiary. The SEC claimed that GGC and DCG colluded on a $1.1 billion promissory note to artificially inflate the lender’s balance…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered crypto gems attract investor buzz, with low-cap tokens poised for massive growth as the next market cycle nears. The crypto market is buzzing with whispers about hidden gems in the AI sector. As the next market cycle approaches, a few undervalued coins powered by artificial intelligence are catching keen investors’ eyes. These low-cap tokens have the potential to skyrocket, offering unprecedented returns. Delving into these promising assets could unveil opportunities for remarkable growth. CYBRO token strongly bullish amid…
Crypto.com has obtained an in-principle MiCA license, bringing the firm closer to full regulatory compliance across the European Union. The digital asset service provider has become one of the first major crypto exchanges to secure provisional approval under the EU’s Markets in Crypto-Assets framework. The MiCA regime enables businesses to passport services across the bloc’s 27 member states, provided they receive approval from local financial regulators. Crypto.com’s Jan. 17 statement did not specify which EU member state granted its in-principle MiCA license. However, the Singapore-based firm likely secured approval from French authorities, as its European regional headquarters is located in…
Publicly-traded Bitcoin mining company Marathon Digital Holdings has announced the mining of a “Trump 47” block to honor Donald Trump as the first “Bitcoin president” of the United States. MARA said in a statement on Jan. 17 that the visual marker now lives on the Bitcoin (BTC) blockchain, with this coming just days to the president-elect Donald Trump’s inauguration on Jan. 20. In addition to embedding an AI-generated image of Trump in the block, MARA also included the Bill of Rights and the U.S. Constitution. This move permanently preserves these images on the Bitcoin network, the BTC miner noted. Fred…
Sam Ruskin from Messari highlighted post-election momentum, a potential XRP ETF filing, and the rotation toward “boomer coins” as key factors that could enable XRP to surpass ETH. Ruskin suggested that XRP (XRP) could surpass Ethereum (ETH) in market capitalization. In a detailed post on X, Ruskin pointed to a 460% surge in XRP’s price since the 2024 U.S. election and growing investor interest as reasons for his bold prediction. Ruskin attributes XRP’s recent gains to macroeconomic factors and sector-specific catalysts. These include the inauguration of Donald Trump, speculation about a U.S. spot XRP ETF filing, and proposed capital gains…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Dogecoin surging in value, many investors are now turning to mobile cryptocurrency mining, with platforms like cryptokeying offering an easy, high-profit way to mine from home. Buoyed by Donald Trump’s lead in the US election, Bitcoin broke through the all-time high of $100,000. The top ten cryptocurrencies by market value also rose, especially Dogecoin (DOGE), which is closely associated with Musk, and has risen by as much as 200% due to the promotion of the Government Efficiency Commission.…
The dYdX Foundation has announced that a community vote on whether the crypto project can upgrade the dYdX Chain to version 8.0 is now live. The on-chain vote, through which the dYdX (DYDX) community will decide if the dYdX Chain can be upgraded to v8.0, will conclude on January 21, 2025, the dYdX Foundation stated in an official announcement. The proposal, presented by the dYdX Operations subDAO, outlines an upgrade to the dYdX protocol that would introduce permissioned keys to enhance account risk management and safety for API traders. If approved by the community, the upgrade will also remove the…