Goofy GOGO

In the bustling realm of cryptocurrencies, where established names dominate the headlines and high-stakes competition is the norm, a hidden treasure lies in wait for those who are willing to uncover it. GOOFY, the meme coin that has yet to make its grand debut, may just be what you’ve been searching for. Operating in the shadows, this coin is poised to leave its mark on the crypto landscape, backed by a robust project that hints at a promising future.
The Calm Before the Storm
While the markets buzz with chatter about well-known cryptocurrencies, GOOFY emerges as a mysterious and captivating project, brimming with potential for a bright future. Behind the scenes, the GOOFY team is hard at work, crafting an innovative strategy that conceals thrilling surprises. As the project gains momentum, it promises an adventure that could leave everyone astonished.
Untapped Potential
GOOFY operates on the Polygon network, offering stability and high efficiency. But that’s not all. While others chase immediate gains, GOOFY focuses on building a strong community of supporters who believe in the project’s vision. At a time when investors are on the lookout for opportunities, GOOFY presents a chance to join a growing community, making them part of an epic journey.
A Magical Campaign
GOOFY is not just another fleeting meme coin; it heralds the beginning of something much bigger. Exciting marketing campaigns are in the works, set to unveil creative memes and engaging content that will draw in more enthusiasts. Anticipation is building as chatter about GOOFY starts to circulate, gradually transforming it into the talk of the town within the cryptocurrency space.
The Storm is Coming
With the launch of numerous exciting features on the horizon, it’s undeniable that GOOFY is well-positioned to become the next big thing. As the launch approaches, supporters eagerly await what lies ahead, while news about the coin begins to spread across social media. The whispers around GOOFY are transitioning from faint murmurs to powerful roars, as investors start to recognize the hidden potential of this coin.
The End is Just the Beginning
In conclusion, GOOFY is more than just an ordinary cryptocurrency; it’s an invitation to embark on an adventure. With a solid project backing it and a clear vision, this coin stands to be the treasure that investors have been searching for all along. While everyone remains focused on the well-known names, GOOFY could very well be the coin that takes the market by storm, achieving unexpected success.
Get ready, for the storm is coming! Join GOOFY and become part of this exhilarating journey, as everyone eagerly awaits what the coming days will reveal.
For more updates and to join the community, visit:
Telegram Channel : https://t.me/goofy_gogo
Twitter Account : https://x.com/goofy_gogo?t=RB-TcRbd9VS5L6KclgU3Ug&s=35
Official Website : https://goofygogo.pythonanywhere.com$POL

Hashtags for Increased Visibility
To help spread the word about GOOFY, use the following hashtags when sharing on social media:
#MemeWatch2024
#GOOFY
#CryptoCommunity
#Polygon
#Cryptocurrency"

“This case has always felt like Moby Dick (with Gensler starring as Captain Ahab),” Alderoty said.
TL;DR
The SEC continued the legal battle with Ripple by filing an official appeal on a specific summary judgment.The company’s CLO likened the regulator’s desire to prevail in the case to the tragic end of Captain Ahab from the novel Moby Dick.What Does the SEC Hope for?The legal tussle between Ripple and the US Securities and Exchange Commission (SEC) seems nowhere near its end following the latest move by the agency. Recall that it officially appealed a 2023 verdict of Judge Analisa Torres, which determined that the firm’s XRP sales to retail investors on crypto exchanges did not violate US securities laws.This means that the case will enter a new phase comprised of filings and a briefing process, with its official end most likely delayed for another few years. Several industry participants gave their two cents on the possible consequences of the appeal. One of those is Ripple’s chief legal officer – Stuart Alderoty. He claimed that the Second Circuit Court of Appeals will either affirm Judge Torres’ decision or expand it. “The best the SEC can hope for (and it’s a remote hope) is a remand,” Alderoty added.The exec also outlined the SEC’s attempt to file an interlocutory appeal, which was denied by Judge Torres earlier this year. Back then, the magistrate clarified that “Howey” and all of Ripple’s defenses, including Fair Notice, would then “be back on the table.” “The Fair Notice standard asks if a person of ‘ordinary intelligence’ was aware of what the law prohibited. The SEC could end up arguing to Judge Torres that she wasn’t a person of ‘ordinary intelligence’ when she ruled against them. Awkward,” Alderoty maintained.According to Ripple’s CLO, the lawsuit has always resembled the adventurous novel Moby Dick, with the SEC’s Chairman Gary Gensler stepping into the shoes of Captain Ahab. To those who haven’t read the book, Captain Ahab is a central figure with an obsessive quest to hunt a particular white whale, which had previously injured him. His relentless desire, though, eventually leads to his tragic death and the sinking of the ship he was in charge of. Alderoty thinks that the latest series of events have now made the case look like Moby Dick meets My Cousin Vinny (an American comedy film about a rookie lawyer who defends his cousin). A Chicken Move?Another person who chipped in is the US attorney Jeremy Hogan. He explained that the Commission appealed the ruling involving Ripple’s sales of XRP on exchanges and the use of the token as a kind of payment. On the other hand, he outlined that it did not contend with its non-security status. Hogan described the SEC’s action as a “chicken move,” claiming it “completely folded when it had the opportunity to actually try the case against Garlinghouse and Larsen in front of a jury.”“What I like? This appeal is about money. The injunction could change if Ripple were to lose, but only indirectly (as to order compliance),” Hogan concluded.#Repple #Xrp🔥🔥 #SECApprov $XRP

Litecoin price prepares for a $100 rally fueled by rising on-chain activity and a potential breakout from a symmetrical triangle pattern.
Highlights
A symmetrical triangle pattern drives the long-term sideways in Litecoin price.The LTC price is 2.5% away from challenging the $77 resistance of a 4-month consolation. A bullish crossover between the 20-and-100-day EMA should intensify the recovery momentum of LTC.During a low volatility Saturday, the Litecoin price surged 3% to trade at $75.3. The bullish trajectory is likely fueled by on-chain recovery and a major breakout from price. Will the LTC Price build sufficient momentum for a $100 comeback, or are sellers ready to counterattack?Litecoin Price Targets $100 as On-Chain Volume Reaches 16-Month PeakAccording to Santiment data, the Litecoin on-chain transaction volume soared to nearly $4 billion in a single day—the highest level in 16 months. The surge in transaction volume, along with price recovery, signals buyers’ convocation to drive a higher rally,One of the key drivers behind this surge is the growing discussion around Litecoin, which now accounts for 1.08% of all crypto-related discussions, a notable increase in social dominance. The heightened on-chain activity signals the growing appeal of Litecoin among investors as broader market conditions rebound.By press time, the Litecoin price had traded at $75.2, while the market cap had boosted to $5.6 billion. LTC Price 2.5% Away From Major BreakoutOver the past four months, the Litecoin price prediction has traded sideways, struggling to surpass $77 resistance. An analysis of the daily chart shows this consolidation hovers above the bottom support trendline of a long-coming triangle pattern.Theoretically, the pattern drives a temporary consolidation for the prevailing trend to regain its momentum. With the chart pattern intact, the Litecoin price is poised to rebound within the two trend lines before offering a deceive breakout.Amid the Canary Capital filing for an LTC ETF, the coin price rallied to $75.26, marking a 21.5% growth over the past two weeks. A bullish recovery backed by a notable spike indicates a higher potential to breach the overhead resistance of $77.A successful flip of this resistance into support will bolster a 34% rally to challenge the triangle resistance trendline at $103. The Litecoin price trading above the daily exponential moving average (20, 50, 100, and 200) recuperates the bullish narrative in LTC’s midterm term.On the contrary, if the LTC price fails to break the $77 breakout, the sellers could delay the above bullish thesis and drive a prolonged consolidation.$LTC #BinanceTurns7 #MarketDownturn #litacoin

America’s budget deficit hit a massive $1.8 trillion in 2024, making it the third largest deficit in U.S. history.
This figure, confirmed by the Treasury Department, represents an increase of over 8% from last year. Despite a surplus of $64.3 billion in September, the year still closed with a total shortfall of $1.833 trillion. 
That’s $138 billion more than last year. The only two years that saw a bigger deficit were 2020 and 2021, when the government pumped trillions into the economy during the pandemic.
Interest rates pile on
This deficit doesn’t come from a lack of revenue. The government pulled in $4.9 trillion in receipts, but it still wasn’t enough to cover the $6.75 trillion in spending.
Spending exceeded revenue by a whopping $1.833 trillion, driving the national debt to $35.7 trillion by the end of the fiscal year, an increase of $2.3 trillion from 2023.
One key reason the deficit ballooned is the interest expense on government debt. The Federal Reserve’s aggressive interest rate hikes to fight inflation have driven up borrowing costs.
For the first time ever, the interest expense for the year topped $1 trillion. The government shelled out $1.16 trillion just to cover interest payments on its debt.
Even after deducting the interest earned on government investments, the net interest expense still hit a record $882 billion.
This massive interest cost is now the third-largest item in the federal budget, only behind Social Security and healthcare. The average interest rate on all government debt stood at 3.32% in 2024, up from 2.97% last year.
September did offer a bit of relief with a budget surplus, but that was largely because of timing quirks. The Treasury moved some benefit payments into August, which saw a $380 billion deficit (the biggest monthly shortfall of the year). 
Deficit keeps growing
The deficit now represents over 6% of America’s total economy, which is unusually high during a period of economic expansion.
Historically, deficits during expansions have averaged around 3.7% of the economy over the past 50 years, according to data from the Congressional Budget Office (CBO).
The CBO also warns that deficits aren’t going to shrink anytime soon. They project the deficit to hit $2.8 trillion by 2034, with debt surging to 122% of GDP by that time.
Meanwhile, this is starting to freak out investors. A recent survey from Natixis Investment Managers found that 68% of U.S. financial advisors see public debt as the biggest economic risk.
Globally, 64% of advisors agree. This sentiment isn’t tied to politics either. The concern over national debt will persist no matter who wins the presidential election. That much is clear.
Right now, the U.S. owes more than $35 trillion, and it’s only going up. Whoever ends up in the Oval will have to print more money. It’s inevitable.
Most analysts believe that investors shouldn’t just bank on stocks, especially when the equity market is hitting record highs. 
Stock investors now expect returns of 15.6% above inflation. Financial professionals, though, believe that number is way too high, with a more realistic expectation around 7.1%.
To manage risk, analysts are suggesting diversifying into crypto and bonds, both U.S. and international. For those worried that America’s debt will slow down growth, international exposure could help balance things out.
Taxes are another thing to watch out for. Higher national debt often leads to higher taxes. Consumer debts are also steadily rising, with more and more people paying double-digit interest rates on their outstanding balances.
#BinanceTurns7 #MarketDownturn #BTC☀ $BTC
$ETH
$BNB

Whales are abandoning Solana and Cardano for Rollblock, the new revenue-sharing altcoin that’s raised over $4 million in its presale.
Whales are making waves by ditching Solana and Cardano, all for a hot new revenue-sharing altcoin — Rollblock. FOMO is spreading fast as this crypto buzzes through the community, and it’s easy to see why.
Currently in its 7th presale stage and available at $0.035, Rollblock has already raised over $4 million. It’s got everyone talking, and for good reason.
Whales ditch SOL, ADA as FOMO fuels Rollblock frenzy
Whales are making a big splash, dumping Solana and Cardano for Rollblock, and it all comes down to one thing: revenue sharing. Rollblock’s unique model gives token holders a direct cut of the platform’s earnings. That means the more Rollblock thrives, the more users benefit. Combine that with FOMO running wild, and it’s no wonder investors are flocking to it during its 7th presale.
Beyond the buzz, Rollblock stands out with full legal compliance. As a fully licensed entity, it ensures player security while offering revenue-sharing opportunities. Whales are loving the platform’s stability, knowing their investments are protected and rewarded. Plus, with staking rewards and competitive odds, Rollblock offers even more ways to grow wealth.
But that’s not all: Rollblock’s rapid transactions are another game-changer, with low transaction fees and lightning-fast processing speeds. This means players can enjoy seamless gameplay while investors benefit from quick and cost-effective returns. The combination of revenue sharing, fast transactions, and growing FOMO has Rollblock racing ahead as the go-to investment choice.
Can SOL overcome critical obstacles on road to $163?
After overcoming the significant support zone between $137 and $142, Solana faces a substantial resistance wall between $152 and $154, and still another one between $158 and $163. Similar to Ethereum, it may be creating a double bottom; a clear break over $149 would be necessary to validate the bullish structure.
Solana has risen from $144.72 recently to $152.83, propelled by positive signs from recent network enhancements and a resurgence of market confidence. With a positive market mood, Solana pulled beyond $150, up 3.3%, despite some small volatility.
ADA’s rollercoaster month: From highs to hopeful recovery
Over the past month, Cardano has shown fluctuations. At the beginning of the previous month, ADA reached a daily peak of approximately $0.42, indicating growth expectations within the market. After that, the price gradually decreased, reaching a low of $0.34 at the end of the last month.
Lately, ADA has been recovering and currently is worth over $0.35, which indicates a small rise of 0.4%. The overall drop has been very turbulent, however. Yet the general tendency of Cardano price was raised, which could be an effect of positive sentiment toward the development projects and partnerships made within its ecosystem.
Why Rollblock steals the spotlight from Solana and Cardano
In the end, Rollblock is proving to be the next big thing as whales leave Solana and Cardano behind. With its attractive revenue-sharing model, low transaction fees, and legal security, FOMO is driving investors to this altcoin. The 7th stage of presale is running now.
To learn more about Rollblock, visit the website and its socials.
$SOL $ADA #SOL🔥🔥 #ADA/USD

An expert believes that Dogecoin is on the verge of a huge price rally not seen since December 2021, as the cryptocurrency landscape shows it is ready for a breakout.
Crypto analyst Ali Martinez weighed in on the coin’s technical landscape, stating Dogecoin’s price could rise by 200% in the coming weeks if the current pattern of indicators continues.
Dogecoin’s Price On The Rise:
Martinez observed that Dogecoin has broken out of a multi-year downward trend, which historically has led to a significant upsurge in price. He noted that the coin’s price rose by 200% after similar breakouts in the past.
In late September, Dogecoin experienced a breakout that resulted in a 25% price surge. However, the coin was unable to sustain this rally, falling back to $0.11. Other analysts agreed with Martinez, suggesting that if Dogecoin surpasses the $0.1120 level, it could easily breach the $0.1315 mark this month.
Market Cap and Analyst Warnings: As of now, Dogecoin's market cap stands at $16.8 billion. While optimism is growing, analysts have warned that a 60% retracement often follows a breakout before the coin gains momentum for a long-term upward trend.
A Key Driver Of Growth:
One key factor behind this potential rally is the surge in Dogecoin’s active addresses, which recently hit the highest level in eight months, reaching 133,880 active addresses. This indicates a renewed interest in the coin, as many new users are entering the market.
Around 110,000 new investors have flocked to Dogecoin, pushing it ahead of competitors like Shiba Inu and Pepe in terms of growth and trading volume.
Whale Activity:
Another driving force behind Dogecoin’s resurgence is whale activity. Large holders of the coin have accumulated over 2.07 billion DOGE in the past week, the highest accumulation since January. This indicates growing confidence among big investors, as whales typically buy large amounts in anticipation of future price growth.
Conclusion: With a surge in active addresses and whale accumulation, Dogecoin could be on the brink of a significant price rally. However, analysts urge caution, noting the potential for a retracement before any substantial upward movement.
$DOGE
#MarketDownturn #BinanceTurns7 #DOGE:

An address belonging to the US-based Continue Fund by Arkham lost $36 million in a phishing attack.

As the cryptocurrency sector continues to be targeted by hackers, hackers have caught another victim.
According to EmberCN's post, a wallet lost $36 million after using a phishing signature.
EmberCN noted that this wallet address was flagged by Arkham as belonging to the US-based Continue Fund.
He also said that this wallet lost 15,079 fwDETH (worth $36 million) in a phishing attack.
“Arkham's address marked as belonging to the Continue Fund was phished 7 hours ago, losing 15,079 fwDETH ($35.98M).Then, to quickly convert the stolen assets into safe assets, the phisher directly converted DETH into ETH via Swap.However, due to the insufficient depth of the DETH pool, 14,079 DETH were only exchanged for 2,288 ETH. The stability of DETH/WETH has been greatly deteriorated.The value of the assets he stole dropped by 85% from $35.98 million to $5.5 million.”
Experts drew attention to the magnitude of the loss and warned investors, “Do not click on links you do not know and do not sign signatures you do not know to avoid being subject to phishing attacks. Be sure to double-check when signing.”
Following this incident, the price of DETH dropped by 40% in the last 24 hours.
https://x.com/EmberCN/status/1844609976905630042

$BTC
#BinanceTurns7 #MarketDownturn #Crypto_Jobs🎯

Meme coins are one of the most exciting trends in the cryptocurrency world, combining popular culture with financial innovation. Among these coins, Goofy stands out as one that is attracting the attention of investors and users thanks to its sense of humor and active community that supports it.

What is Goofy Coin?

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

Trump Ends SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Trump Ends SEC (TRUMESEC), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because TRUMESEC is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Trump Ends SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Ends SEC could become the next viral memecoin.
Trump Ends SEC launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Ends SEC on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Ends SEC by entering its contract address – D5gG1fhhqmczCDbDGsqAhWZWZDkVWPYU5xrj55QbcTr2 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMESEC.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.
$BTC $SHIB $USDC #WeAreAllSatoshi #TrumpCrypto

According to a recent report by Bloomberg, Binance, the world’s largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. 
In September, Binance’s share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year and the lowest level in four years, according to data from CCData.
Binance Spot And Derivatives Trading Hits Four-Year Lows
The drop in market share is particularly pronounced in both the spot and derivatives trading arenas. Binance’s 27% share of the spot market represents its lowest level since January 2021, while its derivatives trading share stands at 40.7%, also the lowest in four years.
Per the report, this decline can be attributed to the legal saga that the exchange has been experiencing globally since last year, but particularly in the US, which has not only had a notable impact on the exchange’s financial metrics, but has also led to changes in its leadership.
The company has been under increased scrutiny globally, following a settlement with the US Department of Justice (DOJ) last year over serious charges, including sanctions violations, which resulted in a hefty $4 billion fine. 
The fallout from these regulatory actions included the resignation of co-founder and former CEO Changpeng Zhao (CZ), who served four months in prison as part of the proceedings. However, the former CEO was released by US authorities last Friday after serving his sentence.
In an effort to rebuild trust and navigate the regulatory landscape, Binance appointed Richard Teng, a former regulator, as its new CEO. Teng has been actively engaged with regulators investigating Binance in various jurisdictions, while also appointing a new board of directors and the intentions of establishing a new headquarter.
Centralized Crypto Exchanges Face 17% Volume Drop
The report further highlights that the broader market for centralized crypto exchanges is also facing challenges, with combined spot and derivatives trading volumes dropping 17% in September. 
However, this decline is typical for the month, which is often seasonally weak, but it has resulted in the lowest monthly trading activity since June. Notably, Binance has seen the most severe market-share decline among top exchanges, as competitors such as Bybit, Bitget, and Crypto.com have begun to capture a larger share of the market.
Jacob Joseph, a senior research analyst at CCData, noted that this trend may indicate a growing confidence among crypto participants in alternative platforms that “offer similar user experiences,” including low trading fees, minimal slippage, and high market liquidity.
Despite the challenges, Binance recently achieved a significant milestone, becoming the first centralized crypto exchange to surpass $100 trillion in lifetime trading volume, according to CCData. 

At the time of writing, the exchange’s native token, BNB, currently the fourth largest cryptocurrency on the market, is trading at $545, up just 1% in the last 24 hours amid the broader market decline.
Featured image from DALL-E, chart from TradingView.com $BNB
#BinanceTurns7 #FavoriteToken #TopCoinsJune2024 #MarketDownturn

In an unexpected twist of legal fates, hip-hop mogul Sean “Diddy” Combs and fallen cryptocurrency wunderkind Sam Bankman-Fried find themselves sharing more than just a jail cell—they’re also using the same lawyer.

Combs is an inmate at the Metropolitan Detention Center, having pleaded not guilty to charges of sex trafficking, racketeering conspiracy, and transportation to engage in prostitution last month.

Prosecutors allege that for years Combs “used the business empire he controlled to sexually abuse and exploit women, as well as to commit other acts of violence and obstruction of justice.”

A judge denied his request to be released on bond, placing the disgraced celebrity in the same shared prison dormitory as Bankman-Fried—an inmate of the Brooklyn institute since August 2023.

Bankman-Fried, who has vowed to continue fighting for his freedom despite being found guilty of defrauding investors out of billions of dollars, counts Alexandra Shapiro among his legal team.

Bloomberg reported at the time that in April 2024, Shapiro put Bankman-Fried’s sentence and committal up for appeal to the courts.

Six months later and Shapiro—partner at Shapiro Arato Bach—is now seemingly carrying out similar tasks for Combs.

On Monday courts received a notice from Combs’s legal team appealing the federal judge’s decision to place Combs in custody, filed by both Shapiro and fellow attorney Anthony Ricco, per CNN.

Shapiro’s CV
Shapiro working for both Bankman-Fried and Combs may not necessarily involve the pair discussing their respective cases in custody.

Shapiro’s specialty is appeals—a skill both individuals are in need of.

The attorney is described as “one of the nation’s leading appellate lawyers,” who worked her way up from serving as one of Justice Ruth Bader Ginsburg’s first clerks on the Supreme Court more than 30 years ago.

Shapiro, who founded her law firm in 2009, has led successful suits spanning the Supreme Court and the Second Circuit, often representing high-profile white-collar professionals.

Under her representation, charges were dropped against a former Deutsche Bank broker accused of conspiring to commit tax fraud, and reversed for two EY partners accused of helping rich clients evade taxes.

Indeed, Shapiro’s experiences working in white-collar cases led her to write a novel about the subject, Presumed Guilty.

Shapiro did not respond to Fortune‘s request for comment asking when she was first instructed by Combs.

She did not respond to questions about how closely Combs and Bankman-Fried were living.

Fortune approached further representatives for Combs for comment but did not receive a reply.

Diddy dropped
While Combs has vehemently denied the barrage of charges against him, businesses have distanced themselves from the musician and entrepreneur.

The current alleged offenses are the latest in a timeline of charges against the rapper, whose business dealings have included partnerships with alcohol brands and the launch of his own e-commerce platform.

A brand deal with Diageo North America turned sour last year, with both parties concluding their relationship in court.

Combs accused Diageo of racism in neglecting his liquor brands, while the business maintained Combs was responsible for their demise after allegedly putting only $1,000 into the joint venture while the company invested $100 million.

Last year Combs was accused in a lawsuit of subjecting R&B singer Cassie to a yearslong relationship that included beatings and rape—allegations the rapper “vehemently denies.”

Organizations were quick to cut ties.

Fitness brand Peloton, for example, announced in May it “has paused the use of Sean Combs’ music, as well as removed the Bad Boy Entertainment Artist Series, on our platform.

This means our Instructors are no longer using his music in any newly produced classes.”

Likewise Howard University axed its relationship with Combs after a video appearing to show the rapper attacking Cassie in 2016 was released online.
In June, the institution rescinded an honorary degree awarded to him and disbanded a scholarship program in his name.

“Mr. Combs’ behavior as captured in a recently released video is so fundamentally incompatible with Howard University’s core values and beliefs that he is deemed no longer worthy to hold the institution’s highest honor,” a statement from the university’s Board of Trustees said.
$BTC $FTT
#BinanceTurns7 #FTX✅

US lawmakers from both parties are backing a new bill to establish a national Bitcoin reserve, aiming to make the US a global crypto leader.
US lawmakers from both parties are increasingly backing a proposal to establish a strategic Bitcoin (BTC) reserve. This push follows Senator Cynthia Lummis’ announcement at the 2024 Bitcoin Conference in Nashville. Lummis, a strong crypto advocate, introduced a bill to use federal funds to acquire one million BTC, aiming to position the US as the world’s leading nation-state Bitcoin holder.
Lummis’ proposal has triggered broader political discussion. On the same day, former President Donald Trump shared his own vision for a “national Bitcoin stockpile” and promised not to sell the 200,000 BTC currently owned by the US government. Trump likened Bitcoin to the steel industry of the early 20th century, pledging to establish the US as the “crypto capital of the world.” Meanwhile, former presidential candidate Robert F. Kennedy Jr. suggested going even further by acquiring five million BTC, approximately a quarter of the global supply.
Support for the strategic Bitcoin reserve is now crossing party lines. Representative Ro Khanna, a Democrat from California, has publicly endorsed the idea and called for the Federal Reserve (Fed) to consider Bitcoin as a reserve asset. In a recent podcast, Khanna highlighted Bitcoin’s potential for value appreciation and its importance in setting future financial standards.
Traditionally, the government has sold confiscated BTC, but Khanna argues that retaining these holdings could benefit the US in the long run. He’s also urging the Democratic National Committee to update its stance on digital assets, advocating for a “crypto reset”. He suggests including pro-crypto policies in the party’s platform and fostering greater engagement with the industry. Dennis Porter, CEO of the non-profit Satoshi Action Fund, believes that Democrats could attract a growing base of BTC supporters by backing such initiatives. As Bitcoin matures, Porter predicts that political divisions around it will fade.
Khanna insists that opposing crypto is short-sighted, likening it to rejecting other technological advancements. He stated, “You can’t be against Bitcoin; it’s just a technology,” and argued that embracing it aligns with broader party goals like financial inclusivity and sustainable energy policy.
Lummis, who emphasizes the bipartisan potential of Bitcoin, called for both Republicans and Democrats to support her bill. She highlighted that while Trump and the Republican National Committee have openly endorsed Bitcoin, she expects Democrats to join in as well. The 2024 election cycle could be a turning point for US cryptocurrency policy, as the legislation gains momentum across the political spectrum.
The debate is a significant shift for both parties as they recognize Bitcoin’s growing influence. Whether the US becomes a major player in crypto could depend on the outcome of these proposals, making this a critical issue in the lead-up to the next election.
$BTC $ETH $BNB #BTC☀ #BlockchainRevolution #BinanceTurns7 #TopCoinsJune2024

#BinanceTurns7 #FTTusdt #TopCoinsJune2024
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.

The FTX estate is preparing to auction off approximately 22 million Worldcoin tokens — valued at roughly $38 million — on Oct. 3, a source familiar with the matter told Cointelegraph.WLD

$1.61
Investor bids must be submitted by 8 pm on Oct. 3, with a minimum bid of $2.5 million to qualify for the auction and the tokens could sell at a steep discount of up to 75%.
Cointelegraph also learned that the tokens are subject to a 4-year unlocking period ending in 2028.
Approximately 20,000 WLD tokens will unlock daily beginning on Dec. 1, 2024. The unlocking schedule will then slow to roughly 14,000 WLD tokens per day from July 2026 until it concludes in 2028.
Related: Bitcoin poised for potential rally as FTX payout looms and Fed shifts
FTX estate’s fire sales draw criticism
In May 2024, the FTX bankruptcy estate concluded its sales of Solana. FTX sold the remaining Solana at a steep discount of $102 when the layer-1 currency was trading at around $180. Like the current WLD auction, the Solana auction was also subject to token unlock periods.GROUND

$141.33

At the time, FTX creditor Sunil Kavuri was highly critical of the sale, accusing the bankruptcy estate of short-changing investors by selling the digital assets at such a steep discount.
“There’s a token Sullivan & Cromwell sold at 11 cents; it’s now trading at two dollars,” the FTX creditor pointed out before stating “FTX had $10 billion in Solana tokens — they sold at a 70% discount.”
Tensions between the FTX creditors and the defunct exchange recently hit a new crescendo after Kavuri revealed a controversial revised bankruptcy plan. The plan stipulated that creditors would only receive between 10% to 25% of their crypto back due to losses calculated at the time the legal petition was filed when crypto prices were significantly lower than they are today.
Rumors of FTX payout impact markets
On Sept. 29, rumors began to spread that FTX would begin distributing funds to creditors and customers on Sept. 30. Those rumors proved to be false as the court hearing to confirm the reimbursement is set for Oct. 7.
Still, mere rumors of an imminent payout were enough to send the price of FTT — FTX's native asset — soaring by more than 70% to a high of around $2.99 that day.
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