The TRUMP coin’s crazy journey – from $7 to $75 and then back down to $40 – shows just how volatile meme coins can be. And after billions in value disappeared following Trump’s inauguration, traders have begun to ask if there’s a smarter way. That’s where Meme Index (MEMEX) comes in. It offers a new […] Source: https://news.bitcoin.com/after-trump-coin-pump-and-crash-meme-index-introduces-meme-coin-indexes-to-combat-market-volatility/
Author: Crypto Superhero
Trump memecoins set to be sued — to what end?
Lawyers are counting on a flood of lawsuits to pile up against $TRUMP, but what hope do they have in court? Source: https://cointelegraph.com/news/trump-memecoins-lawsuits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum’s Descent Into Existential Crisis
A languishing chain appears to have triggered community uproar and a leadership shakeup at the Ethereum Foundation. Vitriol and Death Threats Ensue in Ethereum Foundation Leadership Overhaul Nine years after Ethereum’s most serious catastrophe, when the Ethereum community decided to hard fork the blockchain in order to reverse the infamous $50 million DAO hack transactions, […] Source: https://news.bitcoin.com/ethereums-descent-into-existential-crisis/
Russia to Launch Unified Facial Payment System
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the Mir card payment system, will join forces to establish standards and achieve interoperability. Sber and NPSK Join Forces to Launch Facial Payment System in Russia […] Source: https://news.bitcoin.com/russia-to-launch-unified-facial-payment-system/
CFTC’s Pham sweeps agency’s top brass days after Trump appointment
CFTC acting chair Caroline Pham has appointed a top official to handle the agency’s crypto outreach. Source: https://cointelegraph.com/news/us-cftc-caroline-pham-leadership-changes-crypto-defi-harry-jung?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase asks appeals court to rule crypto trades aren’t securities
Coinbase asked the Second Circuit Appeals Court to say that crypto trades on its exchange aren’t securities in a bid to end a 2023 lawsuit from the SEC. Source: https://cointelegraph.com/news/coinbase-asks-appeals-court-to-rule-crypto-trades-not-securities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Better Markets Urges Appeals Court to Back SEC in Ripple Case
Non-profit firm Better Markets has thrown its weight behind the U.S. Securities and Exchange Commission (SEC) by filing an amicus brief in its appeal against Ripple Labs. The brief asks the Second Circuit Court of Appeals to overturn a 2023 district court ruling that deemed Ripple’s XRP sales to retail investors exempt from U.S. securities laws. The non-profit flagged the…
Crypto whales dominate holdings of Trump family tokens: Chainalysis
Chainalysis said around 94% of the TRUMP and MELANIA tokens are held by around 40 wallets that each hold over $10 million worth. Source: https://cointelegraph.com/news/crypto-whales-dominate-holdings-trump-tokens-chainalysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO
Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.” Source: https://cointelegraph.com/news/bitcoin-no-threat-dollar-goldman-sachs-ceo-david-solomon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Taps Wall Street Veteran Vivek Raman to Drive Institutional Push
A new Ethereum-focused startup backed by founder Vitalik Buterin aims to win over Wall Street as the network attempts to keep up with broader developments in the crypto industry. Etherealize, founded by former Nomura and UBS bond trader Vivek Raman, announced its launch Wednesday evening in New York. “All roads flow through ETH. We’ll show the world why,” the company…