EddieJayonCrypto

 13 Sep 24

tl;dr

• Telegram's TON network faces technical strain from fervent interest in and airdrops from Hamster Kombat and Catizen• Tether faces renewed scrutiny over transparency issues related to its USD reserves backing the USDT stablecoin, with accusations of failing to provide a full audit.• ParaFi Capital ...

• Telegram's TON network faces technical strain from fervent interest in and airdrops from Hamster Kombat and Catizen
• Tether faces renewed scrutiny over transparency issues related to its USD reserves backing the USDT stablecoin, with accusations of failing to provide a full audit.
• ParaFi Capital tokenizes part of its venture fund on Avalanche, offering broader investor access and expanding blockchain-based asset management.
• The SEC amends its complaint against Binance, acknowledging that 10 tokens in question are not securities, including MATIC (now POL), Cardano and Solana
• A Nigerian court orders the freeze of $716,000 from crypto users on Bybit and KuCoin amid allegations of currency manipulation involving USDT and the Naira.
• The SEC clarifies its stance on "crypto asset securities," stating it refers to the contracts around crypto sales, not the assets themselves, drawing criticism from Ripple's Chief Legal Officer.
• Bitcoin's performance as an inflation hedge comes under question as it lags behind gold and the S&P 500, with market metrics indicating a bearish trend.
• Ripple CEO Says It’s Only a Matter of Time Before XRP Grows:
• Justin Sun Criticizes Coinbase’s Central Bank Bitcoin Amid WBTC Controversy surrounding the Wrapped Bitcoin (WBTC) ecosystem.
• Robinhood's European arm Engages Users with “Let’s Talk About Shiba Inu” Campaign
• CoinGecko’s 2024 stablecoin report says 94% of the $161B market held by only 3 coins: USDT ($114,4B), USDC ($33.3B) & DAI ($5.3B)

~
Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-Tracker

Get the book!

Crypto Foundations for Building Multi-Generational Wealth
https://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422

Join this channel to get access to perks:
https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/join

Join Grow My Bag social media:
https://growmybag.tv/sign-up

🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Dec 24
 22 Dec 24
 22 Dec 24