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Trump’s SEC Launches Revolutionary Crypto Task Force: Major Regulatory Shift Incoming?

Trend Digest1 year ago6 months ago06 mins

Task force aims to foster collaboration between regulators and industry stakeholders, working closely with CFTC for comprehensive oversight. Previous enforcement-focused approach cost companies like Ripple Labs over $100M in legal fees, highlighting need for regulatory clarity. Market responds positively with US crypto projects valued at $544B, as new leadership promises innovation-friendly regulatory environment. As the…

EigenLayer Launches Rewards v2 with New Features, Now Live on Mainnet

Trend Digest9 months ago6 months ago06 mins

AVSs can now assign rewards to operators based on performance or specific rules for more precise compensation. Operators have the ability to set their own compensation rates, encouraging greater participation and customized partnerships. Rewards v2 is the first upgrade under the EigenLayer Improvement Proposal (ELIP) using the new EigenGov process. EigenLayer has officially its Rewards…

Binance Launches MELANIA Perpetual Contract

Trend Digest1 year ago6 months ago05 mins

Binance launched MELANIAUSDT Perpetual Contract with a 25x leverage. MELANIA surged by over 40% in the last 24 hours, reaching a market cap of over $2 billion. MELANIA’s success caused a 40% drop in the TRUMP meme coin value. has the launch of the MELANIA Perpetual Contract. This follows the launch of the TRUMP perpetual…

VTHO Price Skyrockets 108%: Is This the Next Big Crypto Explosion?

Trend Digest1 year ago6 months ago05 mins

VeThor (VTHO) price surged a massive 108% claiming a daily high of $0.01071, levels not seen in over four years. VTHO’s trading volume skyrocketed by more than 7,700% while its market cap rose to $429 million. VTHO was listed on leading crypto exchange in South Korea, Upbit, on Tuesday, attracting investors from the region. VeThor…

Circle Launches Fee Payment Solution for USDC Users on Arbitrum, Base

Trend Digest1 year ago6 months ago01 mins

Circle’s Paymaster allows users to pay gas fees on Arbitrum and Base using USDC instead of ETH. A 10% surcharge applies to USDC gas payments, but the fee is waived until June 30. USDC has seen its market cap double in the past year to reach $51.66 billion. Paymaster Streamlining Transactions What’s Next for Circle?

KuCoin to Pay $300M Settlement for US Licensing Violations

Trend Digest12 months ago6 months ago05 mins

The settlement includes substantial financial penalties with executives agreeing to individual forfeitures, highlighting increased scrutiny of offshore exchanges. The pattern of regulatory challenges spans multiple jurisdictions, including previous restrictions in New York, Canada, and temporary limitations in India. The timing coincides with broader crypto enforcement actions, though potential policy shifts loom under the new Trump…

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Trend Digest8 months ago6 months ago01 mins

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Thailand Government Allegedly Mulling Bond-backed Stablecoins

Trend Digest10 months ago6 months ago05 mins

Thailand is reportedly fueling a stablecoin innovation that will involve a bond reserve. The country has a pro-crypto stance, with top leaders exploring new options. Thailand’s Bitcoin ETF market remains a key focus to mimic related moves from other regions. Thailand is allegedly exploring the viability of stablecoins that government bonds would back in its…

Dogecoin Shows Upside Potential: Analyst Predicts 10% Surge

Trend Digest8 months ago6 months ago01 mins

Technical analysis reveals a symmetrical triangle breakout pattern, with RSI indicating increasing buyer demand despite current bearish control. Historical patterns suggest potential for a six-month rally mirroring 2021’s performance, with key resistance levels at $0.49, $0.58, and $0.66. Despite being 54% below its all-time high, DOGE maintains strong market position with 310% yearly growth and…

Litecoin Eyes $208 as Large Transaction Volume Surges 100%

Trend Digest1 year ago6 months ago05 mins

Litecoin consolidates at $118, forming an inverted head-and-shoulder pattern with a neckline at $138. Breakout targets extend to $165 and $208, with $150 as a key psychological resistance level. Large transaction volume on the Litecoin network surged by 100%, peaking at $10.35 billion. Strong EMA alignment and positive RSI trend bolster the recovery rally potential….