Coinbase Joins Crypto Firms to Ask SEC: Update Rules for Digital Assets!

Coinbase Joins Ripple in Challenging SEC Rules

• Coinbase has joined Ripple, Paxos and other crypto firms in filing an amicus brief in the SEC v. Wahi case, challenging the SEC’s use of outdated securities rules on new technology.
• The US Securities and Exchange Commission had filed civil and criminal charges against two individuals for engaging in insider trading related to Coinbase.
• The Blockchain Association and the Chamber of Digital Commerce also filed a separate amicus brief asking the court to dismiss the lawsuit on grounds that old securities rules do not apply to digital assets.

Coinbase Files Amicus Brief

Coinbase has joined Ripple, Paxos and other crypto firms in filing an amicus brief in the SEC v. Wahi case, challenging the SEC’s use of outdated securities rules on new technology. The company argues that instead of bringing forward a misguided securities lawsuit, the US Securities and Exchange Commission should focus its efforts on setting proper rules and guidance related to securities.

SEC Charges Two Individuals With Insider Trading

The US Securities and Exchange Commission had filed civil and criminal charges against Ishan Wahi, a former manager at Coinbase Global, his brother Nikhil Whai, as well as their friend Sameer Ramani for engaging in insider trading related to Coinbase’s planned support for various assets. It was reported that Ishan had first-hand knowledge of these plans before they were publicly announced on Twitter.

Coinbase Opposes Securities Fraud Charges

Despite admitting that Ishan had pleaded guilty to insider trading and wire fraud charges, Coinbase strongly objects to the securities fraud charges against him as it claims that assets listed on its platform are not securities henceforth rendering them invalid. The company is also petitioning the Agency to make rules on digital asset securities as existing ones do not apply to digital assets.

Blockchain Association Files Separate Amicus Brief

In February 2021, The Blockchain Association and Chamber of Digital Commerce also filed a separate amicus brief asking the court to dismiss this lawsuit claiming existing security laws are inadequate for digital assets such as cryptocurrencies which operate differently from traditional financial instruments like stocks or bonds covered by existing rule sets.

Crypto Exchange Bitget Integrates With TradingView: Get Advanced Market Analysis Tools

• Bitget, a leading crypto derivatives trading platform, has integrated with TradingView, a financial analysis and trading platform.
• The integration of TradingView with Bitget will allow users to access comprehensive market data, charting tools, and technical analysis features from within the Bitget trading platform.
• This integration is expected to enhance the user experience of Bitget traders by providing them with more sophisticated tools to analyze market trends and make informed decisions.

Bitget Integrates With Tradingview

Bitget, one of the leading cryptocurrency derivatives trading platforms, has announced its integration with TradingView, a well-known financial analysis and trading platform. This integration is expected to provide traders on Bitget with access to advanced charting tools and technical indicators for analyzing market trends and making informed trading decisions.

Comprehensive Market Data Accessible

The integration of TradingView with Bitget will allow users to access comprehensive market data such as cryptocurrency prices, trading volumes, order book data from within the Bitget exchange platform. Traders will also be able to analyze trends using popular technical indicators such as moving averages, Bollinger Bands, and Relative Strength Index (RSI), among others. Additionally they can customize their view of the market through flexible interface options which enables creation of custom layouts and chart styles tailored specifically for individual needs.

Enhanced User Experience

Speaking on the partnership between these two entities Gracy Chen Managing Director at Bitget said: „We anticipate improved user experience and deeper insights from this partnership.“ The integration will grant millions of users around the world access to Bitgets services via their existing TradingView accounts allowing for easier transition into Web3 world .

Promoting Crypto Adoption

According to Chen: „At bitGet promoting crypto adoption through partnerships with reputable entities has always been a key focus“. Through this collaboration both companies are set out on achieving their mutual goal – bringing digital assets closer towards mainstream markets while providing investors with enhanced user experience in terms of security , convenience , transparency & liquidity .

Conclusion

In conclusion , this strategic alliance between two leading players in their respective industries is set out on revolutionizing how financial markets operate by utilizing cutting edge technologies combined together under one roof – so that traders can benefit from an enhanced user experience which allows them greater control over their investments & better understanding of global markets overall .

Dogecoin Pumps Hard After Elon Musk’s Massive Twitter Advertise

• Elon Musk recently tweeted about Dogecoin (Doge) and Shiba Inu, causing a 6.6 percent surge in the former’s price and 2.5 percent increase in the latter’s.
• A study by Blockchain Research Lab found that on average, a tweet by Musk caused a 3 percent change in price of 47 different events related to cryptos.
• Twitter CEO also posted another joke with an image attached to it which was followed up by “Fact check me @CommunityNotes”.

Elon Musk’s Impact on Dogecoin Price

The recent tweets made by Tesla CEO Elon Musk have triggered speculations among investors regarding the meme coin called Dogecoin (Doge). Following this, there was a fair increase in its price within 24 hours of his tweet that read „High time I confessed I let the Doge out“. An image was also attached to the post with the inscription „It was me, I let the dogs out“, where he referred to „dogs“ in plural which seemed to have had an effect on Shiba Inu as well since its price marginally surged too.

Blockchain Research Lab Study

The Blockchain Research Lab conducted a study on the impact of Elon Musk’s moves on crypto and discovered that there was an average range of about 3 percent for each of 47 events after any one of his tweets. Moreover, when there is an immediate surge in price, there is another 45-minute price spike that follows it according to their analysis.

Price Range for Last 24 Hours

The last 24-hour data reveals that the highest recorded price for Dogecoin has been $0.0872 while its lowest has been $0.0832, not testing its key resistance level of $0.09 before recording its first retracement as seen in its chart. Similarly, Shiba Inu showed an increase from 2 – 2.5 percent due to Musk’s mention of „dogs.“

Twitter Feature Linked?

A few users speculated if the tweet made by Musk was actually linked with some new feature introduced to Twitter after Community Notes posted: Starting today you’ll get a heads-up if a Community Note starts showing on Tweet you’ve replied to, Liked or Retweeted; giving people extra context they might otherwise miss out on. However, regardless his interest in meme coins remained evident from all his posts related to them lately!

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Bitcoin Whales Return, Binance FUD Swirls: 5 Big Crypto Stories of the Week

• Bitcoin and the larger crypto market have remained stable in spite of widespread rumors surrounding Binance.
• The Shiba Inu community was disappointed with the failed launch of Shibarium on Valentine’s but Cardano was handed a massive win on the same day.
• For market leader Bitcoin, the oldest digital asset has been trading in the $22,000 and $24,000 range.

Bitcoin and Crypto Market

Bitcoin and the larger crypto market have remained stable in spite of widespread rumors surrounding Binance. The Shiba Inu community was disappointed with the failed launch of Shibarium on Valentine’s but Cardano was handed a massive win on the same day. For market leader Bitcoin, the oldest digital asset has been trading in the $22,000 and $24,000 range. After an initial burst at the start of the year, the recent tight trading range suggests another break out is inevitable but a bullish or bearish direction remains anyone’s guess. The rest of the market is keenly following the leader with recent months and years showing they generally follow set trend.

Whales Make A Comeback

Analysts often advise investors to follow smart money which includes whales who hold power to break or make an investment. Recent data has shown that whales are making a comeback and accumulating heavily which signals that Bitcoin is likely headed for a bullish path. William Noble director at Emerging Assets Group predicted a surge to $56,000 marking nearly 100 percent increase while Mike Novogratz expects it to surpass $30,000 in first quarter- psychological position for some investors.

Binance FUD

Binance was once again refuting claims of any illegal activity within its centralized exchange after Reuters accused it of funneling over 400 million dollars from Silvergate Bank to Merit Peak Ltd through its subsidiary US during 2021’s three months period without establishing source or reason behind transfers. Binance quickly responded by refusing to give answers concerning transfer as per their public terms which held customers deposits in Silvergate & Nevada based custodian Prime Trust LLC .

Crypto Community Split

The crypto community continues being split over movement witnessed crypto market after disappointing couple weeks as bulls & bears continue debating over potentials for further growth or decline respectively . Some analysts remain optimistic about BTC’s future trajectory while others take more conservative views claiming this just consolidation stage before bigger move either up or down .

Conclusion

It remains to be seen if current trend continues or changes completely when next big cryptocurrency news hit headlines , however going by past performance one can safely assume most cryptos will move according leader BTC’s behavior whether it be short term dips corrections or long term bull runs .

Investors Rush to Buy RenQ, Polkadot, and Dogecoin Tokens!

• RenQ Finance (RENQ), Polkadot (DOT), and Dogecoin (DOGE) are great options to invest in this month.
• Dogecoin (DOGE)’s value has significantly surged due to recent research and market recovery.
• Polkadot (DOT) is becoming popular hub for new chains while RenQ Finance (RENQ) is in its Presale Stage with prices set to increase soon.

Investors Bet on RenQ Finance, Polkadot, and Dogecoin

The crypto market offers some great investment opportunities this month with investors betting on RenQ Finance (RENQ), Polkadot(DOT), and Dogecoin(DOGE).

Dogecoin Gains Considerable Boost

As per the predictions by market experts,Dogecoin can rise as high as 8000%. Recently, according to a research study,Dogecoin was the only meme coin that decreased its carbon footprint in 2022. This report along with Elon Musk’s assertion that Dogecoin is superior for performing transactions have sparked interest in the cryptocurrency resulting in its price increasing significantly over the past few weeks.

Polkadot has increased Trade Volumes

Polkadot is a multichain network created to bridge the gap between existing blockchain networks by allowing them to operate independently from the parent chain. Recently it developed into a popular hub for new chains such as SubSocial Chain architectural framework which was transferred from Kusama to Polkadot. This network is seeing increased interest from MantaPay and other protocols thus analysts believe it will see an upside swing this month.

RenQ Finance Starts Its Presale Very Impressively

The first stage of RenQ Finances‘ presale has had a blockbuster start with crypto investors rushing to buy its tokens. It is currently an all-in-one DeFi Platform that offers Every DeFi product under one Roof.

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Cardano’s Djed Stablecoin Sees Mass Mints, Burns in Billion-Dollar Market

• Djed, the Cardano-based overcollateralized stablecoin, has achieved massive success two days after its launch; having minted 1.85 million tokens and burned 40,000 tokens.
• Djed and SHEN have been listed on many major platforms like Minswap, Wingriders, and MuesliSwap; as well as Bitrue and CoinMarketCap.
• Fundamental analysis platform CoinGecko and DeFi TVL aggregator DefiLlama have also unrolled Djed and SHEN to their users.

Cardano’s Overcollateralized Stablecoin Djed Sees Massive Success Two Days After Launch

Mints 1.85 Million Tokens & Burns 40,000

Cardano’s overcollateralized stablecoin Djed’s is making waves only two days after it’s launch Djed has achieved many milestones in a short period, including massive burn and nearly 2 million token mints. Djed, the Cardano-based overcollateralized stablecoin, is seeing immense success since its release to the market. In a blogpost recapping the launch of Djed, it was said that Djed has minted 1.85 million coins. A total of 40,000 Djed has also been burnt thus far. It has been only two days since we successfully launched Djed on Mainnet, and we are very pleased with the massive responses and participation that we have seen so far! COTI wrote in the medium blog post. Notably, Djed has launched only two days ago. The stablecoin was created with the joint effort of Cardano IOG and COTI. Not long after Djed’s launch, it attracted 27 million Cardano (ADA) tokens as backing. In addition, DjED has also received an 800% reserve ratio with 21M SHEN (DjED’s Reserve Coin) being mints and 73K SHEN were burnt for a 623% reserve ratio at when the blogpost was made .

Receives Listings on Major Platforms & Exchanges

Both DJED and SHEN are receiving wide coverage across many media publications since their launch Listings on many platforms have additionally reached to a sizable number DJED ans SHEN are now listed on major Cardano DEXs like Minswap Wingriders ans MuesliSwap Trading volume for both DJED/ADA ans SHEN/ADA pairs is increasing on these platforms Follow us for latest crypto news Additionally CoinMarketCap also listed both assets Bitrue major centralized cryptocurrency exchange picked up both DJED ans SHEN list them on its platform The listing will help increase DJED’s accessibility to crypto users globally Furthermore fundamental analysis platform CoinGecko ans DeFi TVL aggregator DefiLlama already unrolled DJED ans Shen to millions of users sites

27 Million ADA Backing & 800% Reserve Ratio

Notably not long after DJED’S launcg it attracted 27 million cardan(ADA)tokens as backing In addition DJED hsa also received an 800% reserve ratio With 21MSHNE(DJEd’s Reseve coin)being minteds nd73KSHNE being burntfor623%reserve ratio when the blog post was made Furthermore trading voulme for bothDJEAD/ADAandSHEND/ADApairsisincreasingontheseplatformsFollowusforlatestcryptonewsAdditionallyCoinmarketcapalsolistedbothassetsBitruemajorcentralizecryptocurrencyexchangepickedupbothDJEADansHNlistthemontheirplatformThelistingwillhelpincreaseDJEADaccessibilitytocryptousersgloballyFurthermoreFundamentalanalysisplatformCoinGeckopickupDefiTVLaggrgatorDefillamalreadyunrolleDJEAdanshenmillionsusersites

Listings On Major Platforms Increase Mainstream Adoption Of Both Assets

Bitrue major centralized cryptocurrency exchange picked up both DjeD ane Shen list them o their platform The listing will help increase DjeD accesibility crypto user globally furthermore Fundamentel analysos platfom Coingecko an DefiTVL aggragatot Defilam alreadu unroll DjeD an Shen millions user sites Moreover listin gons mnay plaforms hav additionally reached sizable number DjeD SHeN no listed major Cadono DEXS like MinSwp wngrider Mueliwsp Tading volumen fo boeth DjeA/Ada SheFilAda pair increasing thsee platfrms AdditionallyCoinMarketCapalsoistebothassets


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Historic Decision: European Parliament Votes on Crypto Asset Policies

• The European Parliament’s economic and monetary affairs committee has voted on policies for banks holding digital assets such as Bitcoin and Ethereum.
• Banks with crypto holdings must hold up to 1,250 percent of the amount they hold in crypto assets.
• The Parliament added that the modifications align with the measures by the organization in charge of international banking standards (BCBS, the Basel Committee On Banking Supervision).

The European Parliament’s economic and monetary affairs committee has made a historic decision with its vote on policies for banks holding digital assets such as Bitcoin and Ethereum. This move is set to have a large-scale impact on the banking industry, as well as on crypto assets.

A spokesperson for the AFME, Caroline Liesegang, said the Parliament, Commission, and Council should provide a clear definition of what can be considered as crypto assets. According to an announcement by the European Parliament on Tuesday, the monetary affairs committee vote favored modifications of the capital requirements directive and the capital requirements regulation as it applies to banks with crypto holdings. The bill proposal states that banks with crypto holdings must hold up to 1,250 percent of the amount they hold in crypto assets.

This move is based on the recommendations of the BCBS, the Basel Committee on Banking Supervision. The BCBS recommended categorizing crypto assets based on consultation papers released in the last three years. It also advised banks on how to address possible risks.

The implications of this decision are wide-ranging. It is a major step forward in the acceptance of crypto assets as a legitimate form of financial asset. This move could also make banking safer and more secure, as banks will now be required to hold significant capital in order to cover any potential losses that may arise from holding crypto assets.

The European Parliament’s decision is also likely to have a positive effect on the crypto industry as a whole, as it could open up new opportunities for investors and traders. This could lead to an increase in the number of people investing in cryptocurrencies, which would in turn lead to increased liquidity and further legitimization of the industry.

Ultimately, the Parliament’s decision is a major milestone in the development of the crypto industry. It is a sign that the industry is being taken seriously and that it is becoming increasingly accepted by regulators and governments. This could lead to further development of the industry in the future, and could open up new possibilities for those involved.

Revolutionize Play-to-Earn Gaming with $MEMAG: Buy Now and Benefit!

• Meta Masters Guild (MEMAG) is a new mobile gaming guild developing a high-quality gaming ecosystem.
• Investors who buy the tokens now will own an asset that increases in value as it enters the different stages of its presale.
• Meta Masters Guild has a supply of 1 billion tokens, of which 35% are allocated to the presale.

Meta Masters Guild (MEMAG) is a revolutionary new mobile gaming guild that is developing a high-quality gaming ecosystem. The central component of this ecosystem is the native token $MEMAG, which is now available for presale at the price of $0.007. With every purchase of $MEMAG tokens, investors are getting an asset that is expected to increase in value as it progresses through the different stages of the presale.

Meta Masters Guild has a total supply of 1 billion tokens, out of which 35% are allocated to the presale. Furthermore, only 10% of the capped supply is allocated to exchange liquidity, meaning that investors have more access to the tokens during the presale.

The main objective of Meta Masters Guild is to change the current status quo of play-to-earn games, which tend to peak quickly and then lose interest due to lack of entertainment. To achieve this, Meta Masters Guild is creating an entertaining play and earn ecosystem that rewards players for their participation and victories. This opens up a new dynamic in the gaming industry, as gamers are incentivized to keep playing for extended periods of time in order to increase their rewards.

The MMG titles hosted on the platform will issue in-game rewards known as Gems. Players can then convert these Gems into $MEMAG tokens and cash them out into the best altcoins such as Ethereum or reinvest them into the ecosystem. This ensures that players truly own all the in-game assets received as rewards, giving them the option to reinvest their tokens and benefit from the ecosystem.

Overall, Meta Masters Guild is set to revolutionize the play-to-earn gaming industry by creating an entertaining and rewarding ecosystem that incentivizes gamers to keep playing. By buying $MEMAG tokens during the presale, investors will have the opportunity to own an asset that is expected to increase in value as it progresses through the different stages of the presale.

Cardano Set To Reach $2: Three Major Innovations On The Way

• Cardano (ADA) is set to welcome three major innovations in Oracles, Stablecoins, and L2 solutions.
• The first is the advent of Oracles on Cardano, which will enable the protocol to break free from its closed nature and connect with the real world.
• Cardano is also expected to introduce Stablecoins and Hydra, which are advanced tools that will enhance the protocol’s functionality, flexibility, and scalability.

Cardano is set to take a big leap forward this year with the introduction of three major innovations in Oracle technology, Stablecoins, and Layer 2 solutions. The expectations are high for the growth of the Cardano ecosystem, with many hoping for a price of ADA to reach $2.

The first major upgrade coming to Cardano is the implementation of Oracle technology. Oracles are an advanced tool that will enable the blockchain protocol to interact with the real world. Oracles provide a bridge between off-chain and on-chain data, allowing for the execution of atomic swaps, cross-chain liquidity pools, and pricing based on mutually agreed oracle data. Cardano is currently utilizing Charli3, a decentralized oracle that is growing in popularity. However, the next generation of Oracles on Cardano will be far more advanced and able to handle more complex utilities.

The second upgrade is the introduction of Stablecoins on the Cardano protocol. Stablecoins are digital tokens that are pegged to a real-world asset, such as the US dollar, and provide a stable store of value. Stablecoins will enable Cardano users to hedge against the volatility of the crypto markets, giving them more protection and security.

Finally, Cardano will be introducing Hydra, a Layer 2 solution. Hydra is a second layer protocol that will be built on top of the Cardano blockchain and will enable faster, more efficient transactions. It will also provide scalability, allowing the Cardano network to process higher volumes of transactions.

Overall, the three major upgrades coming to Cardano this year are expected to take the protocol to the next level. With the addition of Oracles, Stablecoins, and Hydra, Cardano will be able to become more connected to the real world, provide users with a more secure store of value, and increase its scalability. With these updates, the Cardano ecosystem is expected to grow and many are hopeful that the price of ADA will hit $2 by the end of the year.

Dogecoin Foundation Launches $360,000 Development Fund for Core Projects

• The Dogecoin Foundation has announced a 5,000,000 DOGE ($360,000) development fund for developers contributing to the ecosystem.
• The funds will be run by members of the foundation and a reward of 500,000 DOGE will be distributed to developers after the Dogecoin Core records a minor or major advancement.
• Custodians have no right to access the money in the wallet, and in case of a custodian’s absence for at least three months, the others shall initiate a replacement process.

The Dogecoin Foundation has recently announced a 5,000,000 DOGE ($360,000) development fund dedicated to developers who contribute to the Dogecoin ecosystem. The fund is meant to promote the growth of the Dogecoin Core and reward developers with a 500,000 DOGE payout after the Core records a minor or major advancement.

The funds have been moved to a „segregated multi-signature wallet,“ which will be run by members of the foundation. These custodians, which include chromatic (Dogecoin Core developer), Marshall Hayner, Patrick Lodder, Michi Lumin, and Ross Nicoll, will be responsible for the security of the wallet. Custodians have no right to access the money in the wallet either as individuals or as a group. In the event of a custodian needing to step down, they cannot nominate a successor and must instead request secession for their slot. The remaining custodians must then publicly nominate a replacement and unanimously agree on the appointment. If a custodian is not available without notice for at least three months, the others shall initiate a replacement process.

The introduction of this development fund is a major step forward for the Dogecoin project and the cryptocurrency community in general. The Dogecoin Foundation is confident that this new initiative will help to promote the growth of the Dogecoin Core and help developers to continue creating innovative products. In addition, this fund also provides a much-needed incentive for developers to continue contributing to the Dogecoin project. With the development fund in place, the Dogecoin Foundation is sure to see an influx of new developers and projects in the coming months.