😙 Polkadot announced the launch of the BEEFY protocol, facilitating efficient integration of the Polkadot network with other blockchains, such as Ethereum, that were not originally designed to interact with Polkadot.$SOL $USDC #Memecoins
⚽️ The co-founders of the Gemini cryptocurrency exchange, the Winklevoss brothers, became part of the co-owners of the English football club Real Bedford, investing 4.5 million dollars in bitcoins.
The club is owned by popular podcaster Peter McCormack.$BTC $USDC #bitcoinhalving
🇬🇧 The Minister of Economy said that the UK intends to adopt new laws on stablecoins, as well as on transactions with cryptocurrencies - this is planned before June or July of this year.$BTC $USDC #etf
🇭🇰 The Hong Kong regulator has approved the launch of spot Bitcoin and Ethereum ETFs!
Issuing companies include China Asset Management, Bosera Capital, HashKey Capital Limited, Harvest Global Investments, and others.$BTC $USDC #bitcoinhalving
🤯 According to data from Coinglass, if Bitcoin reaches a new all-time high, SHORT positions totaling $9,000,000,000 will be liquidated.$BTC $USDC #bitcoinhalving
Data indicates a market maturation marked by diminishing volatility - a promising development for stakeholders across the board.$BTC $USDC #bitcoinhalving
📢 🦅 SEC Commissioner Esther Pierce expressed criticism of her agency's approach to regulating cryptocurrencies, highlighting a number of problems:
— Pierce was particularly critical of the accounting rule “SAB 121,” which requires companies to show their customers’ crypto assets as liabilities on their balance sheets. She considers this claim dubious.
— Pierce emphasized that such significant rules must be adopted by the entire SEC, and not just its staff, which operates under the direction of the SEC Chairman.
— She expressed concerns that “SAB 121” could hinder the ability of banks to store digital assets, thereby limiting the development of the crypto industry.
— Last month, a legislative proposal was proposed to repeal SAB 121 because such measures require congressional approval, highlighting the need for widespread discussion and agreement on such regulatory initiatives.$BTC #bitcoinhalving
Bitcoin experienced a significant drop in price due to the escalating tensions between Iran and Israel. The price tested a critical support level but managed to rebound from there. To preserve its bullish structure, BTC must hold this support level. A break beneath it could result in more market panic. It is recommended to set tight stop-losses on all open positions. #bitcoinhalving #BinanceLaunchpool $BTC Support Area: $59,000-$60,000
Clarification of a couple of unclear narratives: 🖤RVA (Real Value): Using cryptocurrency to represent real assets, such as real estate or gold, on the blockchain. 🖤DePIN (Decentralized Identity): Technologies for creating and managing decentralized identifiers and digital identities on the blockchain. 🖤Layer 1 (Core layer): Core blockchain networks such as Ethereum or Bitcoin that provide the core infrastructure for creating applications and tokens. 🖤Layer 2 (Secondary Layer): Scaling solutions that build on top of the main blockchain networks (Layer 1), improving their performance and reducing transaction costs.#BinanceLaunchpool #Memecoins #WIF #SHIB #FET
At the UFC300 tournament, a new set of boxing gloves will be presented, into which NFC chips based on VeChain blockchain technology will be integrated.
This will allow for tokenization of charities and donations, where the digital footprint and authenticity of real boxer items will be confirmed using blockchain technology.
⚡️ The SEC is violating its previous policy rules in connection with actions against Uniswap, according to allegations by Adam Cochran of Cinneamhain Ventures.#cpi