Search results for "COIN"

Moonshot launches USELESS COIN

According to BlockBeats news on June 14, Moonshot Listings has reported that Moonshot has launched USELESS COIN, with a market capitalization currently at 63.33 million USD.
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Opinion: The difference between trustworthy neutral value storage and company coins is enormous, but most people are keen on speculating on company coins.

The founder of 1confirmation pointed out the huge difference between company coins and trustworthy neutral value storage. Company coins focus on internal holding ratios, marketing narratives, and jurisdictions, which are heavily hyped but have limited room for pump; whereas trustworthy neutral value storage places greater emphasis on global ownership distribution and Decentralization, offering greater investment potential. People should follow trustworthy neutral value storage tools rather than over-investing in company coins.
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1confirmation founder: The differences between a trustworthy neutral value storage and company coins are enormous, with potential market capitalization exceeding 1 trillion dollars.

Odaily News 1confirmation founder Nick Tomaino stated on the X platform that there is a significant difference between trustworthy neutral value storage and "company coin." Understanding this is key to becoming wealthy or poor in Crypto Assets. Company coins have a higher internal shareholding ratio, highly coordinated marketing narratives, and jurisdiction. Early purchases can make you a fortune, but you must seize the opportunity and sell before the market conditions ultimately end. Value depends on revenue (just like a company), and the room for rise is limited. Hype will always be intense, but there will always be new shiny targets worth chasing. A trustworthy and neutral value storage method has a low internal holding ratio, an effective early global ownership distribution mechanism, decentralized marketing, and is not subject to judicial jurisdiction. Value is based on belief and must be firm.
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1confirmation founder: There is a huge difference between trustless neutral value storage and company coins, the latter typically having higher internal holdings.

The founder of 1confirmation pointed out that there is an important distinction between company coins in crypto assets and trusted neutral value storage. Company coins rely on internal shareholding ratios and market manipulation, with revenue restrictions; while trusted neutral storage methods depend on global consensus and holder beliefs, offering great potential. Investors should avoid over-investing in company coins while neglecting trusted neutral storage methods.
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Gate.io Innovation Zone OFFICIAL TRUMP (TRUMP) increased by 480%, 6-hour Spot volume reached $18 million

PANews January 18th news, according to official sources, gate Innovation Zone launched OFFICIAL TRUMP COIN (TRUMP) at 11:00 today (UTC+8), the increase in price has reached 480% so far, with a volume of 18 million US dollars in 6 hours, and the market capitalization has exceeded 20 billion US dollars. At the same time, gate will open OFFICIAL at 20:00 on January 18, 2025 (UTC+8)
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Data: Global Crypto Assets adoption rate increases by 99% annually, with the United Arab Emirates and Singapore taking the lead

The number of people worldwide who own Crypto Assets has reached 562 million, with the highest ownership rates in the UAE and Singapore, and the highest usage rates among young people. Over 65% of people are interested in using Crypto Assets for payment, with a compound annual growth rate of up to 99%.
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Circle CEO: Establishing USDC cash-in service in Hong Kong, the USD stablecoin is an extension of the global financial system.

Jeremy Allaire, CEO of Circle, a stablecoin issuer, recently revealed in a 40-minute interview with foreign media that the dominance of the US dollar stablecoin in the market is a continuation of the global financial system. Most international trade, transactions, and financial products are priced in US dollars, so the demand for stablecoins is naturally dominated by the US dollar. In addition, the adoption rate of regional stablecoins such as the euro and the yen will gradually grow in local markets. Among them, Euro Coin has become the largest euro stablecoin in the market. Jeremy Allaire also stated that Hong Kong has become a core business development region for Circle, and Hong Kong, as an important hub for global trade and capital flow, will help Circle's business development in the Asian market. Currently, Circle
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CFTC announces final judgment on My Big Coin encryption fraud case: parties involved fined $25 million

According to Gate News bot, as reported by Bitcoin News, the Commodity Futures Trading Commission (CFTC) recently announced that the federal court in Massachusetts made a final default judgment in the My Big Coin encryption fraud case. The court ruled that Mark Gillespie, John Roche, and their controlled entities My Big Coin Pay Inc and My Big Coin Inc are jointly liable for a civil fine of approximately $19.32 million and $6.44 million in damages. The case originated from the period between 2014 and 2017, during which the parties involved deceived 28 investors by using a false "gold backing" as a gimmick to illegally obtain over $6 million in funds. The main responsible person, Randall Crater, has been sentenced to 100 months in prison. The CFTC stated that asset recovery efforts are still ongoing. Source: Bitcoin News
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Coin Bureau Co-founder: Circle's IPO financing scale is only Tether's quarterly operating profit.

Golden Finance reported that Coin Bureau co-founder and CEO Nic posted on the X platform that Circle's IPO was a great success, selling 34 million shares at a price of about $31 per share, raising about $1 billion, but this fund is only the operating profit of its main competitor Tether for a quarter, and there is still a big gap between the two sides. At present, USDT accounts for more than 60% of the stablecoin market share, while USDC has less than a quarter of the market share.
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Gate founder Dr. Han: Accelerating global layout and expanding international influence through cross-border cooperation.

The founder of Gate.io, Dr. Han, published an open letter for the 12th anniversary, emphasizing that the platform will continue to deepen its globalization strategy, strengthen cross-border cooperation and compliance expansion, and enhance its international influence. Gate.io has become the official sponsor of the F1 Red Bull Racing team and is promoting compliance layouts in various regions around the world, acquiring the licensed Japanese exchange Coin Master. In the future, there are plans to strengthen communication and cooperation with regulatory agencies to promote the healthy development of the encryption industry.
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FIFA President Announces 'FIFA Coin' Plan

Golden Finance reported that Gianni Infantino, the President of FIFA, announced the 'FIFA Coin' plan at the White House encryption summit, hoping to launch their own cryptocurrency, aiming to leverage the $170 billion football industry and 5 billion global fans, inviting cryptocurrency experts to collaborate to help realize the project.
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Regulatory Risk Management AI platform Abstract completes $4.8 million financing, Block chain venture Communitas Capital leads the investment

Abstract, supervised the closing of a $4.8 million funding round for the Risk ManagementAI platform, led by Communitas Capital and Bonfire Ventures. The new funding will be used to build an AI intelligence platform to provide real-time analysis of government policies and regulations. Communitas Capital's portfolio also includes companies such as AbbeyCross, Tweed, Finery Markets and Coin Metrics.
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The SEC won a lawsuit against a cryptocurrency scam and was awarded $1.1 million.

Gate News bot reported that on June 3, a federal court judge in Georgia issued a default judgment in favor of the SEC in the U.S. Securities and Exchange Commission's (SEC) crypto fraud case against Keith Crews. Crews failed to respond to the lawsuit filed by the SEC in August 2023 and did not file any defense. The SEC alleges that he raised at least $800,000 from about 200 investors through the sale of "so-called cryptoasset securities" called "Stemy Coin," and that many of the investors were "solicited through relationships with African Americans and the church community." Judge Tiffany Johnson ordered Crews to pay a fine of more than $1.1 million, found that he should return $530,000 in net profits derived from his alleged misconduct, and ordered him to pay nearly $51,000 in prejudgment interest and $530,000 in civil penalties.
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Hong Kong government spokesperson: Do not believe the online counterfeit Chief Executive issuance Hong Kong Token, the matter has been referred to the police

Golden Finance reported that, according to the Hong Kong government press release, a government spokesperson today warned against believing the false information about the launch of the National Hong Kong Coin on the Block on-chain issuance circulated online. The Hong Kong government sternly clarified that the information is entirely false, intentionally deceptive, and strongly condemned the criminals who impersonated the Chief Executive to disseminate false information. The spokesperson advised the public to be cautious, verify the authenticity, guard against fraud, and the matter has been handed over to the police for further investigation.
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Bank of America CEO considers entering the stablecoin business

The CEO of Bank of America said that they may introduce a USD-backed stablecoin linked to deposits, potentially helping the USD dominate international trade. Federal Reserve Board Members support banks issuing stablecoins, which can innovate cross-border payments. If regulations pass, banks may face new opportunities for stablecoin issuance.
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$JASMY price pump 14.47%, possibly due to the addition of JASMY to COIN50 index gate News: Coinbase Institutional recently announced that JASMY has been selected as part of the Coinbase 50 Index (COIN50). Coinbase has launched the 'COIN50' new index, which represents the top 50 digital assets that meet the basic inclusion criteria on its trading platform, available for perpetual futures trading with leverage of up to 20 times. After the announcement, the price of $JASMY has pumped over 50%. gate data shows that the price of $JASMY has pumped by 14.47% in the past 24 hours, with the current price at $0.04499, Market Cap at $2.14B, and 24-hour trading volume at $69.33M.
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GraFun Labs integrates TON Block into Meme Coin Launchpad

PANews December 5th news, according to BeInCrypto, GraFun Labs announced that its memepad has integrated TON Blockchain, which is another important development after integrating Ethereum and other blockchains. Since September, GraFun Labs and DWF Labs have been working together to support token issuance, but in this TON
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Moonshot announces the launch of LAUNCHCOIN

PANews May 13 news, Moonshot announced the launch of Launch Coin on Believe ($LAUNCHCOIN). The token operates on the Solana blockchain, currently has a market capitalization of 51.3 million USD, and a 24-hour volume of 22.7 million USD.
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Solana's 'Inflation Rate Adjustment Proposal' currently has a support rate of 25.5% and an opposition rate of 10.4%.

Solana's 'Inflation Rate Adjustment Proposal' (SIMD-0228) has a support rate of 25.5%. If approved, the inflation rate will be gradually adjusted, which will drop dilution and reduce the pressure of dumping by validators. Solana's inflation rate has dropped to 4%, but still above the 1.5% target, decreasing at a rate of 15% per year.
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MelodAI issuance's Bolt MEME Coin price hits a new high

Blot Meme coin, issued by MelodAI, surged to $0.000676, with a daily increase of up to 64.82%, ranking fourth on ave.ai's hot coin list. The issuance of Blot aims to recreate the art and community value of MEME coins. The creator, Mr. Yoshi, was once nominated for the Hong Kong Film Awards and participated in the production of well-known film and television works.
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VanEck Research Director: BTC is expected to reach $180,000 next year, but enterprise adoption is still insufficient

VanEck's digital asset research director, Matthew Sigel, said on the Coin Stories podcast that the price of BTC could reach as high as $180,000 by 2025, citing key indicators such as funding rate, unrealized profits, and speculation by retail investors as the basis for this prediction. Sigel said VanEck has been bullish on BTC since 2017, but he believes there is still a long way to go for companies to adopt BTC. He said that many traditional asset management companies (such as Morgan Stanley and Merrill Lynch) are owned by banks and brokers, and they have been slow to incorporate BTC into their financial strategies. They are constrained by strict regulatory structures and reliance on traditional asset allocation models, such as the 60-40 portfolio, and have not yet adjusted to accommodate BTC.
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Trader Eugene: Meme, AI, dino coin, Decentralized Finance, and Non-fungible Token still contain countless opportunities for altcoins.

Odaily Planet Daily News trader Eugene Ng Ah Sio said in a post on X: "Since the beginning of a broader cycle: - BTC rose 660% - ETH rose 450% - SOL rose 2680% - TOTAL3 has increased by 365% - TOTAL increased by 480% In Meme, AI, dino coin, DeFi revival and
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Vitalik Buterin has streamlined the CSS code of his personal blog by 96%, showcasing technical minimalism.

Ethereum co-founder Vitalik Buterin streamlined the code of his personal blog's CSS framework from 5,875 lines to 233 lines, a reduction of 96%. This move demonstrates his pursuit of simplicity in digital architecture and reflects the idea that both software development and legal frameworks can benefit from streamlined actions in the realms of technology and regulation.
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View: Memes is becoming a 'industrial complex' that quickly extracts value, contrary to the original intention

Investors in the encryption market are beginning to tire of memes, and investor sentiment is low. What was originally a reflection of internet meme culture has now evolved into an industrial complex, pursuing maximum value and deviating from its original intention. The frequent introduction of new meme coins and celebrity participation in speculation has undermined investor confidence.
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Data: USDT premium rate reaches 1.99%

BlockBeats News, on February 3rd, according to Coin data, the off-exchange price of USDT rose to 7.392 yuan, and the current exchange rate for USD to CNY is 7.2507 yuan, with a USDT premium rate of
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JPMorgan CEO: BTC has no Intrinsic Value, and having the right to buy or sell BTC does not mean it is a good idea.

JPMorgan CEO Jamie Dimon criticized BTC in an interview, comparing it to smoking, believing that it has no Intrinsic Value and is often abused by bad actors. While people have the right to buy or sell BTC, it doesn't mean it's a good thing. Meanwhile, Dimon holds a more positive attitude towards Blockchain technology and acknowledges JPMorgan's involvement in Blockchain projects such as JPM Coin.
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The number of BTCATMs in Australia has risen for 29 consecutive months, which is the same as the total number in Europe.

Odaily Planet Daily News encryption ATM Data Tracker Coin ATM Radar shows that in the past 29 months, the number of BTC ATMs in Australia has been rising steadily. Currently, Australia has 1,359 ATMs, accounting for 3.5% of all BTC ATMs worldwide, ranking third globally. The number of BTC ATMs in Australia is almost on par with Europe. Europe has 1,660 BTC ATMs. If it exceeds Europe, Australia will become the third largest BTC ATM after the United States and Canada.
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gate Group acquisition Japanese encryption service provider Coin Master all already issuance shares

ChainCatcher News, Gate Group has acquired all the shares of Japanese encryption service provider Coin Master Co., Ltd. through issuance. Coin Master will be officially renamed to "gate Japan KK" (referred to as "gate
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Young Americans see Meme coins as a new path to economic independence, but scholars warn to follow the risks.

Young Americans view Meme coins as an alternative path to economic independence and financial freedom, despite the high Fluctuation and risks. Generation Z invests in Crypto Assets based on "financial nihilism," showing a preference for Meme Coins over traditional investment methods. Financial scholars remind investors to understand the actual use and technological foundation of Tokens to avoid blindly following trends.
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Crypto Assets join the global market big dump

The price of Bitcoin has fallen to $78,835.07, down about 34% from its historical high. Similar to tech stocks, Bitcoin is often seen as an indicator of market sentiment. Despite the overall market decline, the price of Bitcoin has remained between $82,000 and $83,000, while other crypto assets such as Ether and Solana-related tokens have fallen by about 10%. The decline in Bitcoin has led to a wave of long positions liquidations, with over $181 million in long positions liquidated within 24 hours.
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Moonshot launches TETSUO, current Market Cap 4380 million USD

BlockBeats news, on January 12th, Moonshot has launched Tetsuo Coin (TETSUO). According to GMGN data, TETSUO has short-term breakthrough 0.056 US dollars, currently reported as 0.0437422 US dollars, a 24-hour increase of 38%; the current market capitalization is 43.8 million US dollars. It is reported that Tetsuo Coin (TETSUO) aims to combine programming efficiency with blockchain technology and provide AI.
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Peter Schiff proposed the creation of 'USA Coin' as a strategic BTC reserve alternative

Odaily Planet Daily News Economist and Gold Advocate Peter Schiff has once again made it clear that he opposes strategic BTC reserves and has proposed alternative solutions that the United States can adopt. Schiff tweeted that the US could save a lot of money by creating a 'USA Coin' instead of a strategic BTC reserve. Like BTC, the supply limit of USA Coin is 21 million. He added that the coin should run on an upgraded blockchain to make it truly usable for payments. Schiff is a Bitcoin skeptic who has repeatedly made it clear that he opposes the idea of strategic Bitcoin reserves. Earlier, Peter Schiff said that one good thing Biden can do before he steps down as US president is to sell all the BTC currently held by the US government, and the funds raised can not only reduce 2024
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Opinion: If tariff concerns escalate, BTC's key support level will move down to $71,000

Since the beginning of this year, the Crypto Assets market has been affected by concerns about tariffs, inflation, and high interest rates. Investors are turning to safe assets due to doubts about the United States' dominant position in the field of artificial intelligence, leading to an increase in market risk aversion. Nic Puckrin predicts that if tariff concerns worsen, Bitcoin may continue to fall to $71,000; and if positive macroeconomic news emerges, Bitcoin may rebound, although this scenario is unlikely.
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SunPump platform officially distributes '888 TRX' Meme creator incentive

SunPump platform distributes '888 TRX' Meme creator incentive rewards, based on reaching 100% of its Bonding Curve. All eligible creators have successfully received their awards without any Rug behavior.
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HiBT will soon launch METAV (METAVERSE)

BlockBeats News, on December 25th, according to official sources, HiBT will soon launch METAV (METAVERSE) and open METAV/USDT trading pair on the Hot Coin Innovation Zone. Trading Time: 12:30 on December 25, 2024 (UTC+8). METAV is a memecoin on the Solana on-chain and one of the best Tokens launched by AI. HiBT
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US stocks are close to flat open, encryption stocks are slightly down

BlockBeats news, on December 18, the U.S. stock market opened, the Dow Jones rose 20 points, the S&P 500 index approached flat, and the Nasdaq rose 0.04%. Among Crypto Assets stocks, MSTR fell by 1.38%, COIN fell by 1.07%, RIOT fell
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Namada community initiates a new proposal to airdrop NAM to Coin Center donors

Ether Gavin, a member of the Namada community of the private public chain, has put forward a proposal to launch a public goods grant campaign that will give Airdrop NAM Token, a donor to the blockchain advocacy organization Coin Center. The program is scheduled to launch during the holiday season. If passed, Namada will Airdrop 1 million to 2 million NAM to Coin Center, which is about 2% of PGF's annual budget
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