June 26, 2023

Wisdom consists of the anticipation of consequences.

-Norman Cousins

Pepe (PEPE) has experienced a remarkable surge in trading volume within the last 24 hours, surpassing both Shiba Inu (SHIB) and Dogecoin (DOGE). Despite a minor 5.8% decrease in its price, Pepe’s trading volume reached an astounding $281.3 million during the last 24 hours, with its market capitalization currently standing at $631 million. This surge in trading volume has seen Pepe’s market capitalization reach $687 million, a 253% surge within the 24-hour timeframe. Dogecoin and Shiba Inu have both fallen behind Pepe’s performance, with 24-hour trading volumes of $189.2 million and $103 million respectively. This development underlines the dynamic nature of meme cryptocurrencies, where Pepe’s recent surge signifies its growing prominence within the market. Notably, Pepe has surged by 64% within the past week, highlighting its rapid growth trajectory.

Source: newsbtc

Lincoln Bartlett left traditional finance for Anchorage Digital last year, but he has kept institutional best practices at the forefront of his work. He believes that the best way to ensure success in the digital asset space is to apply the same principles of risk management, compliance, and governance that have been used in traditional finance for decades. He is committed to helping Anchorage Digital become a leader in the digital asset space by providing the same level of security and trust that investors have come to expect from traditional finance.

Source: decrypt

Binance, the cryptocurrency juggernaut, has recently withdrawn its application for registration with the Austrian Financial Market Authority (FMA) and announced that it will be leaving the Netherlands after its application to register under the Dutch crypto authorization regime was rejected. This pause in Binance's European expansion comes shortly after the company had announced plans to launch a new office in Liechtenstein. Despite this setback, Binance is still looking to expand its presence in Europe and is currently exploring other options.

Source: crypto-economy

The recent filing of ETF applications in the U.S. has had a positive effect on the market, pushing Bitcoin's price above $30,000. This strong sentiment has also resulted in large amounts of funds flowing into crypto exchange-traded products (ETPs) last week, with inflows of $199 million. This influx of funds is a sign of increasing investor confidence in the crypto market, and could be a sign of further growth in the future.

Source: cryptoslate

Binance, the world's largest crypto exchange, has withdrawn its license registration in another European country due to increasing regulatory challenges from financial regulators globally. Binance's subsidiary Binance Austria GmbH has withdrawn its license application from the Austrian financial regulator FMA, according to people familiar with the matter. This move comes as Binance is shifting its focus to the United Arab Emirates, where it has already established a presence. This withdrawal of its license application in Austria is the latest in a series of regulatory challenges that Binance has faced in recent months.

Source: coingape

In a recent post, Attorney Deaton analyzed the security status of XRP in the ongoing lawsuit between Ripple and the SEC. Deaton argued that XRP is not a security, and that the SEC's case is based on a flawed interpretation of the Howey Test. He also noted that the SEC's case is weakened by the fact that XRP has been traded on exchanges for years without any intervention from the SEC. Deaton's analysis provides a strong argument in favor of Ripple's position that XRP is not a security.

Source: coinpedia

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15,240 BTC

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