Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Washington
Washington DC Serial Entrepreneur Who Bought PEPE at Inception Has Now Bought This Casino Coin Priced $0.0021
A Washington DC-based serial entrepreneur who was fortunate enough to buy PEPE at its inception has now shifted focus to a new rising star in the meme coin space: Mpeppe (MPEPE), a casino-themed meme coin currently priced at $0.0021. Let’s explore why this entrepreneur, who has a history of making big gains with PEPE, has turned to Mpeppe, and how this token is poised for a breakout. The Rise and Stumble of PEPE Pepe Coin (PEPE) made a splash in…
9 months ago
Binance US Loses License, to Exit Washington by August 2024
The post Binance US Loses License, to Exit Washington by August 2024 appeared first on Coinpedia Fintech News Amidst a wave of regulatory hurdles in many regions, Binance US has announced the cessation of its operations in Washington. This decision comes amid increased scrutiny from regulatory bodies. A deadline of August 20, 2024, has been set for closing all accounts based in the state. The primary reason for halting operations is the expiration of the exchange’s operating license. Binance US…
12 months ago
Tech Experts Urge Washington to be More Skeptical of Crypto Industry’s Lobbying Efforts
The newly-founded “global community of technologists” has sent a letter to US Congress advocating skepticism of the crypto industry. The group – featuring 26 computer scientists and academics – combats the positive spin put forth by cryptocurrency lobbyists thus far. No Real Benefits Thursday’s letter – directed toward House and Senate Leaders alike – argues that crypto assets are not “unreservedly good”. It calls for the creation of a regulatory “safe haven” from so-called “risky, flawed, and unproven digital financial…
3 years ago
Cardano Founder Lobbies for Favorable Laws in Washington
Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…
3 years ago
Washington Signs Blockchain Work Group Bill into Law
On Wednesday, Washington state Governor Jay Inslee signed off on a new crypto-positive law. The law details plans to see blockchain technology further incorporated into the state’s financial sector. Open to New Developments The bill first appeared before the senate in 2019 when Republican Senator Sharon Brown submitted the original proposal. Supported by the WTIA, the proposal was crafted to help establish Washington as a significant leader in blockchain tech. In the past years, WTIA and Senator Sharon remain the…
3 years ago