Pump.fun hit with suit claming all memecoins are securities
A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500 million.
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US regulatory clarity has begun in court after Ripple win: CFTC commissioner
CFTC Commissioner Caroline Pham said recent court opinions around digital assets and securities are a first step to crypto regulatory clarity. 244 Total views 3 Total shares Caroline Pham, the Commodities Futures Trading Commission (CFTC) Commissioner, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory.Speaking on Bloomberg…
BitTorrent soars 30% to new all-time high, $5B market cap: What’s behind the rally?
The price of BTT, the native token of BitTorrent, hit a new all-time high to reach a $5.2 billion valuation. 5813 Total views 30 Total shares BitTorrent (BTT), the native token of the popular peer-to-peer file-sharing protocol BitTorrent, has surged nearly 30% in the past 24 hours.The rally took the valuation of BTT to over…
Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model
The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model. 242 Total views 1 Total shares Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used…
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital.Bitcoin outperforms tech stocksDemeester depicted Bitcoin's growing market valuation against the tech-heavy U.S. stock market index, highlighting its ability to break out every time after a period…
‘No signs Bitcoin has bottomed’ as data warns BTC price downtrend continuing
Little genuine relief is on the horizon if the latest data is any guide, says Material Indicators, as Bitcoin meanders around $37,000. 716 Total views 29 Total shares Bitcoin (BTC) received a welcome boost at the Wall Street open on Jan. 31 as fresh research painted a gloomy picture for near-term price action.BTC/USD 1-month candle…
Crypto coalition calls for ‘clear rules of the road’ from Biden, Harris
Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport.
Maker cuts off Aave’s DAI supply as fallout from Celsius continues
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH. MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as the risks of Celsius’s liquidity crisis…