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Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent … Read more
Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating for its adoption as a primary treasury asset to ensure economic … Read more
Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on the other side as to whether or not bitcoin would be something that’s … Read more
Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed the importance of politicians and industry leaders explicitly acknowledging bitcoin’s value in the … Read more
Compound Finance is experiencing a surge in on-chain and network activity despite being embroiled in controversy. Recent data shows that whale transactions, on-chain volume, and token circulation are at or near year-high levels. The Compound community’s trust in the project has been shaken by several questionably passed initiatives following sparse voting. The situation has sparked … Read more
Recent data from @santimentfeed highlights Litecoin’s prominent position in the cryptocurrency world, particularly regarding the number of non-empty wallets. This trend underscores strong investor trust and the stability of LTC. Litecoin continues to stand out in the cryptocurrency world, particularly in terms of the number of non-empty wallets, indicating strong investor trust and stability. Source, … Read more
$MOG has experienced a significant uptick, rising over 13% in the past 24 hours. This surge is accompanied by substantial accumulation from several Smart Dex Traders, highlighting increased confidence in the token. Wallet 0xe99b recently bought 57.17 billion $MOG, valued at $117.56K, four hours ago. This wallet has previously earned over $1.16 million in profits … Read more
$WHY, a popular meme coin on the Binance Smart Chain (BSC), has experienced a phenomenal surge of over 2900% since its listing in early May. The coin saw a significant boost when BNB Chain announced the BNB Incubator Alliance at the Bitcoin 2024 Conference in Nashville, causing $WHY’s price to double in the days following … Read more
A significant deposit of $ZIG tokens has been detected in the CEX Flows section, raising eyebrows in the crypto community. A wallet, identified as 0x905d, transferred 22 million $ZIG tokens, valued at approximately $3.08 million, to the Bybit exchange within the past 24 hours. The 0x905d wallet is suspected to belong to an insider. On … Read more
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout as decentralized … Read more