The best stories of the week
Grayscale causes the SEC delay of the digital ETF fund from the digital fund
Grayscale lawyers of the digital asset manager pushed the delay of the American securities and stock exchanges (SEC) to the approval of the digital stock exchange fund (ETF) in a letter sent on Tuesday.
The division of trade and SEC markets initially approved the ETF proposal, but the Secretary Secretary office decided to immediately review the action by stopping the decision, Grayscale lawyers gave.
According to lawyers, this violates “statutory approval or disapproval term” established by SEC and conflicts with a fixed procedure.
Binance helped create World Liberty Financial Stablecoin – Report
Binance of cryptocurrency exchange reportedly helped to create a code related to Stablecoin issued by World Liberty Financial (WLF), one of the cryptographic companies related to US President Donald Trump.
According to Bloomberg’s Friday report, citing three people familiar with this matter, Binance helped to create, promote and play a role in Stablecoin’s largest transaction in WLF. Cryptographic business, supported by Trump and his three sons, introduced on March 1 USD 1.
MGX, an investment company based in Abu Dhabi, announced an investment of $ 2 billion in Binance on March 2, using the then Stablecoin. Eric Trump, one of the co -founders of WLF, said in May that the company would apply USD1 to settle the investment.
Peter Schiff says that sell bitcoins for silver when BTC breaks novel ups
A long -time Bitcoin critic and gold spokesman Peter Schiff said that the latest BTC rally can be an opportunity to sell for investors to buy silver.
“Because Bitcoin today achieve new ups (in dollars), it’s a great time to sell a little and buy silver before another large Silver leg,” said Schiff in a Thursday post, when Bitcoin again put on moon shoes and set novel ups above $ 112,000.
He claimed that Silver has greater growth potential than Bitcoin and added that although BTC “can be easily disappointed, minus Silver seems very limited.”
Arthur Hayes, a co -founder and former general director of Bitmex, also considered market conditions on Friday X. He said that he was “slightly bear” due to supplementing the US tax account through a novel debt emission, which can temporarily exhaust liquidity.
James Wartn Trader Trader Delnn deactivates x account
James Writn, a cryptographic trader known from his high -level cryptographic plants, seems to deactivate his account in social media, after nine -way losses.
Trade X WARNA “Jameswynnreal“Now it leads to a page with the inscription” This account does not exist. Try to look for another. “
According to the balance, the trader’s wallets show a total balance of only USD 10,176 displayed by Arkham Intelligence and Hippo.
Cointelegraph contacted Wynn for a comment, but he was unable to contact a trader. Before deleting the X account, Znn changed the biography of the profile to one word: “Broke”.
The “Gifts” telegram Snoop Dogga sell out in 30 minutes: NFTS backwards?
The American rapper Snoop Dogg sold out a collection of almost a million tokens not free (NFT) on a telegram within 30 minutes on Wednesday, apparently opposing the view that the NFT industry is “dead”.
The novel digital collection of Snoop Dogg gifts of about 996,000 non -financial tokens (NFTS) powered by a ton of blockchain is “inspired by the iconic Snoop style” and generated $ 12 million in sale, said the founder of Telegram Pavel Durov on Wednesday.
“Blockchain and the secondary market live in 21 days. It will be wild,” he added.
The tokens in the collection included vintage representations of cars, booty bags, a digital dog, marijuana objects and a mixture of other objects and symbols.
Winners and losers
At the end of the Bitcoin week (Btc) costs $ 117,967 (Eth) for USD 2,962 and XRP for USD 2.78. The total market capitalization is $ 3.68 trillion, According to to Coinmarketcap.
Among the 100 largest cryptocurrencies, the three best Altcoin Gainers of the Week to Memecore (M) at 1 234.52%, Stellar (Xlm) at 59.52% and history (IP) at 49.69%.
The three best losers of Altcoin this week are jito (UTO) At 4.57%, OKB (Un) at 0.64% and PI (PI) 0.15%. For more information on cryptographic prices, read the analysis of the CointeLgraph market.
The most memorable quotes
“BTC confirms every day of a higher height and confirms the end of the estate, which began at the end of May.”
Matthew HylandCrypto trader
“So Ethereum is scalable enough, affordable enough, legal enough in the United States.”
Joseph Lubinco -founder of Ethereum and CEO of Conszeys
“We cannot have persons responsible for adopting regulations and enforcement of regulations, implementing regulations, have conflicts of interest with their official duties. You should break away from cryptocurrencies if you intend to regulate crypto.”
Richard Painterformer ethics lawyer of the White House
“Sec friendly cryptographic, together with the Genius Act, can adapt the cryptographic industry to a violent extension, with potential, so that the Stablecoin market will reach $ 1-2 trillion of market capitalization over a few years.”
Nick Ruckdirector of LVRG Research
“However, I am not sure if there is a convincing case for Stablecouins transferring the needle with a dollar dominance, unless retail use accelerates in developing countries because of the incentives.”
Katalin tischhauserHead of research in the reference number
“[The testimony] He would be unfairly harmful because he would probably wash and mislead the jurors to convince that Mr. Storm was involved in the basic alleged hack or intended to make it easier, which is not true. “
Lawyers Representing the co -founder and developer Tornado Cash Roman Storm
The best forecasts of the week
Bitcoin Christmas Rally up to $ 200,000 or $ 300,000 possible based on the “Power Law” model
Bitcoin increased by 10% in July, reaching novel Maks for $ 118,600, and this can be just the beginning of a parabolic rally according to anonymous Bitcoin APSK32 analyst. The analyst said that Bitcoin could be worth up to USD 258,000 if the story repeats.
According to APSK32, the price of Bitcoin was in line with the long -term power curve trend, the mathematical model reflecting the exponential BTC growth over time. It measures the price deviation from this trend line, not only in dollars, but in time units, the approach known as the contours of the power time.
Top fud of the week
Chinese creditor of the FTX challenge to stop payments in restricted countries
The Chinese creditor has objected to the application from the FTX property, which would stop paying for the inhabitants of jurisdiction with regulations or provisions limiting cryptocurrency transactions in accordance with the court application.
The creditor, Weiwei Ji, said that although they live in Singapore, they were classified as a Chinese creditor because of having a Chinese passport. Ji noted that the opposition was issued on behalf of JI and the growing group of Chinese creditors – apparently over 300 people, as reported.
The opposition raises two key arguments: first, that FTX settlements are made in American dollars, which are a standard legal repayment method. Secondly, he notes that cryptocurrency distributions are legal in China, and digital assets are “personal property”.
Co-founder of Bitzlato asks us to pardon guilty accusation-conceal
Anatoly Legkodymov, Russian national and former general director of the exchange of cryptocurrencies Bitzlatato, apparently asked for federal pardon from US President Donald Trump for guilt in 2023 and having 18 months in prison.
According to the Friday’s Russian state report, Legkodymov’s legal team officially asked Trump for presidential pardon after he confessed to the transfer of unlicensed money. Legkodymov was accused in January 2023, pleaded guilty in December and was sentenced to the time of service in July 2024 after arrest for about 18 months.
“Anatoly […] It has become a target in a political campaign against the cryptographic market and talented Russian programmers, “said Ivan Melnikov, vice president of the Russian branch of the International Committee of Human Rights.
France opens an investigation into a criminal matter regarding alleged algorithmic manipulation
The French prosecutor’s office opened an investigation in case X regarding the alleged apply of the algorithm for foreign interference.
According to Magistrate Laure Beccuuu, prosecutors on Friday began the probe or X violated the French law, manipulating its algorithms to chef the identification of user data.
The investigation began after the presentation of two reports to Paris Public Cybercrime on January 12 – one by a member of the éric Bothorel parliament, a member of the French team of President Emmanuel Macron Macron Pour La Republice party, and the other by a senior civil servant whose identity was not disclosed.
The best stories of the weekly warehouse
Inside, 30,000 farms stealing cryptographic theft from real users
“The industry has absolutely no idea how sophisticated these things are,” says the general director of Mirai Labs, who takes the warehouse in the farm of 30,000 phones.
Chinese blockchain TPS, Japan Minna Bank Eyes Solana: Asia Express
Disadvantages of North Korea, which aims to fraud the cryptographic application, the Indonesian replacement lists locally as a coin and many others.
Digital art “ages like a good wine”: 9-fire NFT Flamingo Dao collection
Flamingo Dao members can spend 5 ETH from the Treasury on all NFT they like. One broke the “massive” bored monkeys.
