CoinQuest

2024-04-14 16:33:55 Sen. Warren’s challenger scores cryptocurrency super PAC backing

Many crypto proponents are donating money to boost attorney John Deaton’s chances to unseat Massachusetts Senator Elizabeth Warren on election day, according to Politico. Deaton, a political upstart, made a name for himself last year for his support for Ripple (XRP) and involvement in several landmark crypto cases.

The lawyer, who founded CryptoLaw, has been vocal about his disagreements with Warren and Gary Gensler, chair of the Securities and Exchange Commission (SEC), especially regarding their approach to crypto regulation.

In 2021, he sought to intervene in the SEC’s lawsuit against Ripple on behalf of XRP holders, arguing their interests were not adequately represented. In early 2024, Deaton moved to Massachusetts and registered as a Republican to take on Warren.

However, despite his significant involvement in crypto, Deaton has repeatedly stated that he is not running on crypto. He also didn’t mention digital assets in his original campaign announcement on Feb. 20

Deaton claims his decision to enter politics stems from a desire to address Warren’s policies directly.

Warren has been a vocal opponent of the crypto industry, advocating for stricter regulations, including measures against money laundering concerning digital assets.

Her stance has often sparked debates within the crypto community, with concerns that her policies could stifle innovation. Open / Comment

2024-04-13 15:58:23 Gull Network Announces Testnet Launch on 22 Apr

Gull Network announces the launch of its Testnet on 22 Apr, following the success of the Gull Game. The Testnet will run from 22 Apr to 29 Apr, offering participants the opportunity to explore the platform's features in a controlled environment. Rewards totaling $10,000, split between $MANTA and $GULL tokens, will be distributed to participants. 500 participants who complete the testnet tasks will have the chance to mint a Testnet NFT, redeemable for $GULL and $MANTA tokens after the launch.

Gull Network aims to revolutionize blockchain with user-centric, transparent, and decentralized solutions, positioning itself at the forefront of innovation in the decentralized movement.

Testnet Details:
— Testnet Period: 22 Apr - 29 Apr
— Rewards: Total $10K, Splitted $5K worth of $MANTA and $5K worth of $GULL.
— Winners: 500 Lucky Testnet Participants to Receive NFTs Redeemable for $GULL and $MANTA Tokens

Task to perform to be Eligible for the Rewards:
— Trade with any pair three times; and
— Add liquidity to one pair Open / Comment

2024-04-12 21:22:26 It won`t get any better

Look no further for universal investments. @IVEX_token got you!

Everyone is trembling before their ICO! The queue of investors is growing, and free points are limited
Guys, the project is sponsored by several European funds.

And there is more…

IVEX expected investment amount has already exceeded threefold!!!

#Investment #ICO #IVEX

Don’t you miss those updates:

https://t.me/IVEX_OfficialChat

https://t.me/ivex_token

https://www.instagram.com/ivex_token/

https://twitter.com/ivex_token Open / Comment

2024-04-12 15:41:26 Hong Kong is set to approve spot ETFs for both Bitcoin and Ethereum as early as Monday, according to Bloomberg

Hong Kong may approve ETFs for Bitcoin and Ether as soon as Monday. Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital are expected to receive approval. Open / Comment

2024-04-11 15:35:43 BREAKING NEWS

SEC Seeks to Sue Uniswap in Effort to Constrain Rapid Growth of DeFi Sector

The SEC has warned Uniswap of an impending enforcement action, indicating potential violations related to securities laws. This comes amid a broader SEC crackdown on the crypto industry. The outcome of the case, focusing on DeFi technology, is unpredictable but significant given DeFi's rapid growth and mainstream finance's interest in its technology. Open / Comment

2024-04-10 15:37:18 BREAKING NEWS

The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, slightly higher than the expected 3.40% and up from the previous value of 3.20% Open / Comment

2024-04-09 16:08:16 McKenna Launches Arete Capital with $20 Million Initial Fund Target

Arete Capital, founded by crypto anon McKenna and Ilya Paveliev, launched a $20 million hybrid fund on April 1. The fund, targeting institutional DeFi, real-world assets, blockchain gaming, and emerging crypto ecosystems, had $10 million in commitments at launch and aims to close the full amount in two months. Advisors include Collin Erickson, SparkC, and Odysseas. Open / Comment

2024-04-08 15:11:21 Robinhood’s Bitcoin holdings surpass $9.5b, third only to Bitfinex and Binance

Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply.

According to the data, Robinhood controls nearly 0.7% of Bitcoin’s (BTC) total supply, third only to Bitfinex ($12.6 billion), and Binance ($17.4 billion). The Coinbase executive noted that over the past six months Robinhood’s Btcoin holdings increased by approximately 14%, increasing its share on the market.

Grogan also pointed out that over the past six months, Robinhood’s users decreased their holdings in Ethereum (ETH), with the company’s reserves of ETH declining by 9% over the same period. Open / Comment

2024-04-07 16:15:26 A Dogecoin developer provides important insights into Elon Musk's Grok AI's revelation about Dogecoin

Grok AI's claim about SpaceX launching Dogecoin nodes into space as part of the RadioDoge project drew attention to Dogecoin. Dogecoin core developer Michi Lumin clarified the situation amidst speculation. Open / Comment

2024-04-06 15:27:02 Startup investments surge by 38% in Q1

Crypto Koryo experts noted that the $2 billion figure broke a two-year downward trend and notched a 38% increase in investments compared to the fourth quarter of 2023. The number of transactions increased by 49% to 250.

Although the investment volume indicator is seven times lower than the all-time high (ATH), the beginning of the uptrend is reminiscent of the situation at the end of 2020 before the parabolic growth of the entire market.

Analysts drew attention to several features of the reporting period: series A investments that outperformed pre-seed rounds, a doubling of series A deals, and industry-focused firms led by a16z taking the lead.

The Ethereum ecosystem retained leadership in the number of transactions by a network; however, Solana has sharply caught up with the blockchain indicator. According to experts, this resulted from the boom of meme tokens on the network.

CoinGecko analysts also noted that meme coins became the most profitable cryptocurrency in the first quarter of 2024, recording a profitability of 1,312%. The top 10 by profit included meme coins released in March, such as Brett, Book of Meme, and Cat in a Dogs World.

Brett’s meme coin profitability amounted to 7,727% by the end of the first quarter. It is followed by Dogwifhat, which has increased by 2,721% since the beginning of the year. Open / Comment