Hello hello and welcome to another crypto news roundup from your friends at I-Coinigy.
It’s the meme season once again… and everyone’s in on the frenzy.
First, we started with Bonk, then Dogwifhat… now, it seems the market is tired of dog memes and cats are now doing numbers.
Just last week, MOEW launched and printed $2m for a trader…
I know right? You wish you got in early 😂… the good thing is that the bull market is just getting started.
So, here’s all the hottest news from last week.
- I-Trader ishintsha u-$13K ube ngu-$2M phakathi nehora elingu-1 njengoba kuqhubeka isiphithiphithi se-memecoin
- I-Coinbase iwina icala lakamuva mayelana nokwephulwa kwezibambiso ezisolwayo
- I-New York Jury Ithola u-Do Kwon, I-Terraform Labs Onecala Lokukhwabanisa Ecaleni le-SEC
- Ripple Is Creating a Stablecoin…but Why?
I-Trader ishintsha u-$13K ube ngu-$2M phakathi nehora elingu-1 njengoba kuqhubeka isiphithiphithi se-memecoin
As told by blockchain analytics firm Lookonchain, the trader first purchased 499.9 million MOEW using 4 Ether 10 minutes after the listing of MOEW on decentralized exchanges (DEXs). Less than one hour later, the trader sold 111.65 million MOEW for 99 ETH ($328,000) and currently holds 388.24 million MOEW, worth $1.76 million at the time of publication.
I-Coinbase iwina icala lakamuva mayelana nokwephulwa kwezibambiso ezisolwayo
With the Appeals Court ruling that the sales didn’t meet the criteria for securities, the main part of the plaintiff’s argument has been defeated, although the plaintiff’s said that the latest rulings were a step forward in making cryptocurrency exchanges more accountable.
I-New York Jury Ithola u-Do Kwon, I-Terraform Labs Onecala Lokukhwabanisa Ecaleni le-SEC
The civil verdict, handed down after a nine-day trial in Manhattan federal court, is a win for the US Securities and Exchange Commission as the regulator has unleashed a crackdown on the cryptocurrency sector. The SEC last year sued the collapsed stablecoin operator and Kwon for allegedly raising billions of dollars from investors by selling several interlinked digital securities, many of which were not registered with regulators.
Ripple Is Creating a Stablecoin…but Why?
Ripple plans to launch a stablecoin, pegged 1:1 to the US dollar, later this year. The US-based crypto and blockchain solutions provider will make the stablecoin available on XRP ledger, which it developed, as well as the Ethereum blockchain — both public permissionless ledgers — with plans to expand over time.
Amanye Amaphuzu Avelele Okufanele Ashiwo
Average daily active unique wallets reach 7M — I-DappRadar
U.S. Government Moves $2 Billion In Silk Road Bitcoin — CoinDesk
Spot BTC ETF monthly trading volume tripled in March — I-Cointelegraph
Monthly trading volume on crypto exchanges doubled in March — Ibhlokhi
- I-SEO Powered Content & PR Distribution. Khuliswa Namuhla.
- I-PlatoData.Network Vertical Generative Ai. Zinike Amandla. Finyelela Lapha.
- I-PlatoAiStream. I-Web3 Intelligence. Ulwazi Lukhulisiwe. Finyelela Lapha.
- I-PlatoESG. Ikhabhoni, I-CleanTech, Amandla, Environment, Ilanga, Ukuphathwa Kwemfucuza. Finyelela Lapha.
- I-PlatoHealth. I-Biotech kanye ne-Clinical Trials Intelligence. Finyelela Lapha.
- Source: https://insights.coinigy.com/memes-make-millionaires/
