Month: December 2024

Bloomberg ETF analyst Eric Balchunas has shared insights following reports that the U.S. Securities and Exchange Commission (SEC) has rejected filings for Solana spot exchange-traded funds (ETFs). The SEC informed at least two of five prospective issuers that their applications under the 19b-4 rule will not be approved. This decision has dampened optimism around Solana…

Meme coins have shaken up the crypto world, creating millionaires overnight and redefining how we think about digital assets. Brett (BRETT) and COQ Inu (COQ) are perfect examples—BRETT has surged 142% in the last month, while COQ Inu continues to thrive on its Avalanche-based community. Both tokens are driving fresh excitement in the market, proving…

Caitlin Long, the Founder and CEO of Custodia Bank hs flagged a new position by the Financial Stability Oversight Council (FSOC). Taking to the X platform, Long commented directly on a new report from the FSOC regarding the “concentration risks” associated with the crypto industry. According to the report, the regulator noted that stablecoins represents…

Cryptocurrency users who crave privacy protections had a lot to be thankful for this past Thanksgiving. Two days before the holiday, a unanimous three-judge panel of the Fifth Circuit <a href=”https://urldefense.com/v3/__https://law.justia.com/cases/federal/appellate-courts/ca5/23-50669/23-50669-2024-11-26.html__;!!PKfFmjksEw!wM17mRGDIMaN9Th4zBieDNp3n41eLPN9OO6wSnrmfgInwXPu3ssbifKL6Js4WYd7pUUZPhu0FtQfZyL8p9Ppvr8g$” target=”_blank”>ruled</a> that the Treasury Department’s <a href=”https://urldefense.com/v3/__https://ofac.treasury.gov/__;!!PKfFmjksEw!wM17mRGDIMaN9Th4zBieDNp3n41eLPN9OO6wSnrmfgInwXPu3ssbifKL6Js4WYd7pUUZPhu0FtQfZyL8p5SNLV2k$” target=”_blank”>Office of Foreign Assets Control (OFAC)</a> had acted in an arbitrary and capricious manner not supported by…

London, united kingdom, December 6th, 2024, Chainwire Pepeto: Low Price and Big Announcements Ahead Pepeto has captured the crypto community’s attention with its compelling story and utility. Currently priced at just $0.000000096, Pepeto offers an affordable entry point, with five days left in its current presale stage. Pepeto has also teased major upcoming announcements, further…

London, united kingdom, December 6th, 2024, Chainwire Pepeto: Low Price and Big Announcements Ahead Pepeto has captured the crypto community’s attention with its compelling story and utility. Currently priced at just $0.000000096, Pepeto offers an affordable entry point, with five days left in its current presale stage. Pepeto has also teased major upcoming announcements, further…

Shiba Inu price has surged 60% in the past month, drawing significant market attention. Despite minor corrections, the SHIB momentum indicates strong potential for continued growth in 2024. Analysts project optimism, with market sentiment favoring further gains. Investors closely monitor opportunities as the meme coin edges closer to its all-time high. Can Shiba Inu Price…

Among the numerous coin launches this week, two on Solana and one on Base have captured notable attention. PRAWN leads with a $25 million market cap and 92,000 daily transactions. CHAOS sustains a $16 million valuation despite recent volatility. Meanwhile, TETSUO has gained momentum with 12,000 holders and $5.8 million in daily volume. All three…

Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to…

Coinbase, one of the largest crypto exchanges in the U.S., has made public a series of documents that point to the Federal Deposit Insurance Corporation’s (FDIC) involvement in restricting banking access for crypto companies. The letters, obtained through a Freedom of Information Act (FOIA) request, suggest that in 2022, the FDIC instructed banks to halt…