The Solana meme coin market cap is up 5.3% today as $SOL bro | Professor Of Information - BTC_CRYPTO on Binance Square

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Professor Of Information - BTC_CRYPTO

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The Solana meme coin market cap is up 5.3% today as $SOL broke $200.
Notable gainers include $PENGU up 9.89% and $FARTCOIN up 7.86%.
Got any of these in your bag?

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SOL

189.42

-7.25%

PENGU

0.041996

-5.10%

FARTCOINUSDT

Perp

1.513

-9.88%

596

0

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#CryptoClarityAct The CryptoClarityAct marks a pivotal moment for the blockchain industry, aiming to resolve long-standing regulatory uncertainty in the United States. Its primary goal is to clearly define whether digital assets are securities or commodities, thus delineating the oversight responsibilities between the SEC and CFTC. This legislation seeks to establish a transparent framework for crypto firms, outlining registration, disclosure, and financial rules. Key provisions include the concept of a "mature blockchain system" to determine commodity status, a $75 million fundraising exemption for certain digital commodity issuers, and explicit protections for non-custodial developers and decentralized finance (DeFi) operations. Ultimately, the Act strives to foster innovation while safeguarding consumers and attracting greater institutional investment into the crypto space.

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Colorado Pastor, Wife Indicted In Alleged $3.4 Million Crypto Scam A Denver grand jury has indicted a Colorado pastor and his wife on 40 felony charges for allegedly orchestrating a multi-million-dollar crypto scam that targeted their Christian community, with the couple accused of pocketing $1.3 million for personal luxuries while claiming divine guidance. Eli and Kaitlyn Regalado face charges of theft, securities fraud, and racketeering after soliciting nearly $3.4 million from over 300 investors between January 2022 and July 2023 for INDXcoin, according to a Tuesday statement by the Denver District Attorney's Office.

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Polymarket Weighs Launching It's Own Stablecoin Polymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans. Polymarket’s motivation to create its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle’s USDC dollar-pegged token used to make bets on the popular betting platform, the person said. A Polymarket representative said no decision has yet been made on the stablecoin question. Legislation around stablecoins passed in the U.S. last week makes issuing a stablecoin all the more attractive a business proposition for both crypto native firms and more traditional finance players alike who may be eyeing the success of stablecoin-issuing giants Tether and Circle.

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Bitmine Reports $1 Billion In Ethereum Holdings BitMine Immersion Technologies (NYSE AMERICAN: BMNR) announced it holds approximately $1 billion worth of Ethereum and Ethereum equivalents, according to a company statement. The company closed its initial private placement of $250 million on July 8 and reported that its current Ethereum holdings exceed this amount by over 300%. As of July 17 at 3:45 a.m. ET, BitMine held 300,657 ETH valued at $3,461.89 per token, based on Bloomberg pricing. "At BitMine, we have surpassed $1 billion in Ethereum holdings, just seven days after closing on the initial $250 million private placement," said Thomas Lee of Fundstrat, Chairman of BitMine’s Board of Directors. The company stated it aims to acquire and stake 5% of the overall ETH supply. BitMine CEO Jonathan Bates described the acquisition as "a clear signal of our conviction in Ethereum’s long-term value." The company said it plans to increase ETH held per share through reinvestment of cash flows, capital markets activities, and staking yield. The company noted that 60,000 ETH, representing approximately $200 million notional value, are held through in-the-money options backed by $200 million of unencumbered cash. BitMine operates as a Bitcoin and Ethereum network company focused on cryptocurrency accumulation for long-term investment. Its mining operations are located in Trinidad, Pecos, Texas, and Silverton, Texas.

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$BNB creates new ATH at $809 On July 23, BNB overtakes it's former ATH of $793, and creates a new ATH of $809. Don't sleep on on it.

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White House Digital Asset Report Set for July Release

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BNB Surpasses 780 USDT with a Narrowed 2.62% Decrease in 24 Hours

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Bitcoin(BTC) Surpasses 119,000 USDT with a Narrowed 0.58% Decrease in 24 Hours

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$SOL hit $206 recently and is now pulling back to $186. Thi

This dump doesn’t feel random. 😶‍🌫️ No clear news, but the

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