June 3 Daily report: Dogecoin Has Memed Its Way to a Coinbase Listing, Ethereums Price Could Hit $40,000 in Long Run, Bitcoin Wallet Exodus to Tokenize $75 Million, Google Releases New Policies On Crypto-Related ADs and SEC will opt to settle Ripple Lawsuit
Dogecoin Has Memed Its Way to a Coinbase Listing. Is the Joke Coin Now for Real?
After years of ignoring Dogecoin, the popular US cryptocurrency exchange has decided to allow trading of the asset for its Pro users as early as Thursday. Coinbase is the first cryptocurrency exchange to be publicly listed on a US stock exchange, meaning it enjoys the imprimatur of Wall Street.
Ethereums Price Could Hit $40,000 in Long Run, Winklevoss Twins Say
The Winklevoss twins, who co-founded the Gemini digital asset exchange as well as family office Winklevoss Capital Management, have predicted the price of Ethereum could reach $40,000 in the long run, with a price target between $5,000 and $10,000 for the end of this year.
Bitcoin Wallet Exodus to Tokenize $75 Million in Company Stock on Algorand
Bitcoin wallet firm Exodus earlier this year sold $75 million in common stock in the company, purchasable only through its wallet. The sale was notable for the companys decision to only accept Bitcoin, Ethereum, and USDC stable coins for the shares. Soon, Exodus says, it will transform those sold shares into tokens on the Algorand blockchain.
Google Releases New Policies On Crypto-Related ADs
Google clarified that some ads are not allowed. ICO pre-sales or public offerings, cryptocurrency loans, initial DEX offerings, token liquidity pools, celebrity cryptocurrency endorsements, unhosted wallets, unregulated Dapps, cryptocurrency trading signals, cryptocurrency investment advice, aggregators or affiliate sites containing related content or broker reviews are some examples of the ads that are not allowed.
SEC will opt to settle Ripple lawsuit before reaching trial
The Securities and Exchange Commission (SEC) vs. Ripple lawsuit is currently in the pre-trial phase. The purpose is for each party to investigate the facts of the case by obtaining evidence from the opposing party and others through discovery devices. According to Attorney Jeremy Hogan, due to resource pressures, only a small percentage of cases ever reach trial. This suggests the SEC may try to settle with Ripple.
June 3 Daily report: Dogecoin Has Memed Its Way to a Coinbase Listing, Ethereums Price Could Hit $40,000 in Long Run, Bitcoin Wallet Exodus to Tokenize $75 Million, Google Releases New Policies On Crypto-Related ADs and SEC will opt to settle Ripple Lawsuit
Bitcoin wallet firm Exodus earlier this year sold $75 million in common stock in the company, purchasable only through its wallet. The sale was notable for the companys decision to only accept Bitcoin.. Read Full Coverage
Cryptocurrency Industry to Self-Regulate, by IAMAI Board
The IAMAIs Blockchain and Crypto Assets Council would establish a formal board of lawyers, technological experts, and fintech compliance experts to assure self-regulation. Read Full Coverage.
Is OnePlus Getting Into Crypto? In a blockchain survey, the company asks users about their cryptocurrency investments.
OnePlus Getting Into Crypto, a Chinese smartphone manufacturer may be considering entering the cryptocurrency market. The firm was recently discovered conducting a blockchain research poll aimed at gathering consumer input on cryptocurrencies. Users are being asked if they have utilized trading services such as BuyUcoin. The news was first reported by MySmartPrice, and the poll
Dogecoin Price might Explode Soon as Joke Crypto gets Listed on Coinbase Pro
Coinbase stated Tuesday that it has formally listed dogecoin on Coinbase Pro, a huge milestone that exposes the joke cryptocurrency to one of the worlds top bitcoin and crypto exchanges, after teasing it earlier this month. In a blog post, Coinbase stated that it will immediately begin accepting inbound dogecoin transfers to Coinbase Pro in
June 2 Daily report: Ethereum investment products hit a market-share high of 27%, Bitcoin Steadies above 100 SMA, Polkadot ETP hits Swedish stock market, Defi protocols generated more than $370 million in revenue and Crypto Analyst Explains How Cardano ($ADA) Price Could Get to $5
Defi protocols generated more than $370 million in revenue during May Decentralized finance (Defi) protocols built on Ethereum produced all-time high revenues in May, according to data compiled by The Block. Taking the top spot for the month was Uniswap, reaching $153.9 million (41.4%) of the $371.6 million total monthly Defi protocol revenue. Sushiswap had
The Eth2 Staking Contract holds almost $5 million in Ethereum worth $13 billion
The Eth2 deposit contract currently has over 5.2 million staked ether worth over $13 billion locked into the smart contract, according to statistics. On November 4, 2020, the contract became life, and three weeks later, it had reached the required level to start the Beacon Chain. Its not cheap to become a validator these days,
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