Cryptocurrency Regulatory and Legislative Analysis #14October 2, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALIOSCO Issues Policy Recommendations for DeFi; proposes DeFi be regulated consistent with the “Same activity, same risk, same regulatory outcome” principalOn Sept. 7, the International Organization of Securities Commissions (IOSCO), issued a Policy Recommendations for Decentralized Finance (DeFi)DeFi stands for Decentralized Finance. DeFi purports to remo… More Consultation Report. This consultation report analyzes DeFi and proposes nine policy recommendations that IOSCO plans to finalize by the end of 2023, to addressIn a cryptocurrency context, an address is a cryptographic k… More market integrity and investor protection concerns. …
Author: Crypto Flexs
The widely respected cryptocurrency strategist believes Cosmos (ATOM), an interoperable blockchain ecosystem, is ready to take things to the next level. Pseudonym analyst Kaleo says His 606,800 followers on social media platform X said he was bullish on ATOM. Because he believes altcoins will be “squeezed.” “I am long.” source: Kaleo/X Looking at the trader’s chart, it appears that ATOM has cleared several months of diagonal resistance at the next resistance area of $16. As of this writing, ATOM is worth $9.69. Another coin of interest to traders is Worldcoin (WLD), a cryptocurrency project founded by OpenAI creator Sam Altman.…
The ETH merger is coming, what’s happening? Ethereum revolutionized blockchain technology when it was launched in 2015. By introducing the world to the concept of smart contracts, the use cases for blockchain have grown exponentially. Thanks to Ethereum, we can now use cryptocurrencies and tokenized assets in almost every industry known to man. However, over the years, some shortcomings of the protocol have been addressed. One of the major updates to the network is the upcoming merger, which will see Ethereum fully transition to a PoS consensus model, completely replacing the current PoW algorithm. This will make the ETH vs…
Posted 1 minute ago In ~ Organizations supporting the Jito Foundation Solana brush -2.22% The underlying liquid staking protocol releases governance tokens used to manage the Jito network.Jito Labs builds infrastructure designed to mitigate negative impacts on Solana by maximizing extractable value. By launching the token, the Jito Foundation seeks to empower “community members to directly influence the decisions and direction of the Jito Network,” the organization said in a statement.Last month, the Solana Foundation said nearly a third of its holdings were run through Jito Labs clients. In an announcement Monday, the Jito Foundation said: said The Jito MEV…
It’s almost impossible not to think of Dolly Parton or Beavis and Butt-Head while loading up the new Nine to Five slot. Do you remember? One is a balloon that is almost 80 years old, and the other needs no introduction. In this Nolimit City game, set in the ’90s, the heyday of the fax machine, you work your way up the corporate ranks to earn up to $368,680 while working a “9 to 5” with a group of eccentric colleagues. I am giving you satire. It provides low-grade humor. I’m giving it techno. It’s giving me life! As usual,…
Major Dogecoin holders recently moved a massive chunk of more than 103 million DOGE on trading platform Robinhood, in line with the notable price increase of the major meme cryptocurrency.November: Month of Major Dogecoin MovementsThis November saw a flurry of activity in the Dogecoin space, with several notable transactions coming to light. According to Whale Alert, a leading cryptocurrency trade tracker, there have been several significant Dogecoin movements. On November 15, a massive sum of 690 million DOGE, worth approximately $50.3 million, was transferred between anonymous wallets.In a similar vein, another large transaction occurred on November 13th involving 140.6 million…
In a move that combines innovation and philanthropy, the American Cancer Society (ACS) has partnered with Gitcoin, a leader in open source funding, to adopt web3 technology. CryptoSlate.This strategic collaboration marks a milestone for ACS as it moves into the world of decentralized web3, leveraging Gitcoin’s expertise to drive its ACS Cares program and crisis response fund.Distinct and independent from the regular seasonal Gitcoin grant program, the ACS round is designed to directly benefit the ACS Cares program and Crisis Response Fund. This initiative is critical because your donations will be used to advance groundbreaking cancer research, advance health equity…
Cryptocurrency market caps have fallen by more than 1% in the past 24 hours, inflicting losses on the market as a whole. Top coins like Bitcoin and Ethereum took a hit, losing 3% and 4% of their gains last week, respectively. However, Chainlink (LINK) resisted the prevailing bearish market forces amid this onslaught., gained 6.51% on the weekly chart. Additionally, the token recorded a price increase of 1.68% in the last 24 hours. In the upward trend, LINK’s price exceeded $7. Can we ride the dominant bull wave and hit new highs? Let’s explore. ChainLink’s daily active addresses hit two-month…
According to Token Unlocks data, approximately 30 cryptocurrency projects will have more than $200 million worth of tokens in circulation in October. However, six projects will contribute almost 80% of this release, as they plan to unlock over $174 million worth of tokens during this period. Token unlocking involves releasing assets that were previously restricted from circulation onto the cryptocurrency market. A study by the Cambridge Center for Alternative Finance (CCAF) found that unlocking often has a significant impact on overall market dynamics as it puts more selling pressure on digital assets. Top 6 upcoming unlocks in October Axie Infinity…
index Bitcoin (BTC) recently surged to the crucial $38,000 level in the cryptocurrency market’s ongoing rally, signaling positive market sentiment. This upward trajectory extends beyond Bitcoin, as other major cryptocurrencies are also making significant moves. In this dynamic environment, five specific cryptocurrencies stand out: Blur (BLUR), Sui (SUI), Maker (MKR), Cosmos (ATOM), and the emerging ScapesMania. Each of these coins offers unique features and potential. In fact, they stand out in the current market environment. Ride the wave of innovation with ScapesMania While some face an uncertain future, the trajectory of pre-sale projects is much easier to predict. ScapesMania (MANIA)…