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Axie Infinity (AXS), one of the most popular Web3 projects of the Play to earn ecosystem, has increased by more than 30% in the last 30 days. According to the data, 3.63 million tokens will be unlocked as of July 22, 2023. Valued at over $20 million, this pre-opening selling pressure is likely. According to the analysis published in BeInCrypto, AXS, which fell before the unlock event in April 2023, indicates a new upward trend. However, this may change if the token locks are opened. According to the analysis, on-chain data shows that some AXS owners are starting to build…

SEC Chairman Gary Gensler, known for his lawsuits and “hostile” attitude towards the crypto money industry, appeared before senators. Commenting on the “Wild West” for the market, the manager insisted on the definition of securities for altcoins. Gensler also requested an additional budget of approximately $500 million from Congress as part of additional funding for his institution. Gensler answered questions about the cryptocurrency ecosystem in his session before the US Senate. While FTX and its CEO have evasively answered questions about SBF, the vast majority of tokens securities continued to define. Emphasizing the crypto money sector as a sector full…

The relationship between Elon Musk, one of the richest business people in the world, and Dogecoin (DOGE) is known by everyone. When Musk passed the name Doge in his post in the evening, there was a sudden increase in price. Shortly after Musk bought Twitter, he again replaced the meme coin’s logo with the Twitter logo. Musk, who made a humorous post featuring the Doge dogin some periods shiba inuand sometimes tweets implying Dogecoin. DOGE price also increased by close to 5 percent in 1 minute after Elon Musk’s sharing. While altcoins are moving in a vicious price range, crypto…

Bad news came from the USA for the cryptocurrency markets, which were buoyed by the Bitcoin Spot ETF news and the XRP decision of the Ripple case judge. Nasdaq, which is expected to launch its crypto custody service in the 2nd quarter of 2023, decided to stop this plan due to regulatory conditions. Nasdaq CEO Adena Friedman said in a statement that she is abandoning the planned crypto custody service plans. Although it has come to the agenda that they have received regulatory approval in the past months, it was quite surprising that they gave up on this plan. bitcoin…

China, which came to the fore with crypto money bans in 2021, had recently blinked at the sector with the news from Hong Kong. The Beijing administration, which has not yet made a policy change within the borders of the country, has launched a new operation today. As a result of the police investigation, 21 people who earned more than $54 million USDT were arrested on charges of money laundering. According to the information obtained from local sources, the suspects operating in 4 different provinces as of October 2021, are cheap via crypto money trading services. USDT Attempted to sell.…

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), known for his attitude towards the crypto money industry, spoke about the Ripple (XRP) decision, which was announced by the judge recently. Gensler said that he had different reactions to the decision and that it is still under evaluation. SEC Chairman Gensler said this decision accelerates the industry’s need for federal regulatory legislation. told. Also, the judge’s sale to institutional investors securities He also added that they are pleased to be included in the scope. According to Gensler, the crypto money industry, which started out with decentralized purposes, is…

An interesting warning came from the UK for the meme coin industry, which is one of the most popular altcoins in the crypto money markets. The new directive shared by the Financial Conduct Authority (FCA) warns that meme coins found to fail to comply with financial promotion rules could potentially lead to criminal offenses. In the document shared by FCA, a section was reserved for influencers promoting on social media. established with users meme coin Mentioning that the promotional relationship is subject to its own compliance rules, the institution stated that in case of violation of these rules, they can…

Chiliz (CHZ), one of the largest representatives of the fan token ecosystem, received official approval from the USA. CEO Alexandre Dreyfus addressed investors in the document he shared and stated that they received trade approval by US regulators. The Chiliz side that has obtained trademark approval, Fan Token plans to consolidate its peak role in the ecosystem. Recently, the price drop in fan tokens and its inability to show its old performance have received a great reaction from investors. After this new development, the CHZ price is also trying to hold on to 0.080 levels by experiencing a small rise…

According to the information shared by the on-chain data provider Lookonchain account, an Ethereum (ETH) ICO participant showed wallet activity after 8 years. The Whale wallet moved 61,216 Ether to the Kraken exchange. The assets are worth about $120 million. Ethereum The wallet movement of the whale, which bought at $ 0.31 when it was released, was stuck on on-chain data. Is this transfer a sale, exchange or staking It is unknown whether it was made for In the past period, some whale accounts were active after many years. altcoin marketAs in Bitcoin, it continues to be suppressed after small…

Offering privacy-focused blockchain solutions, Oasis Network has launched Sapphire, an Ethereum-compatible privacy blockchain. With this network, developers will be able to provide privacy features to dApps on different networks. ROSE creator Oasis also launched the Oasis Privacy Layer (OPL) network with it. EVM compatible blockchain dApps in their network will be able to benefit from privacy features without having to swap between chains thanks to the new network offered by Oasis. This OPL Thanks to this, users will be able to integrate the services provided by Sapphire. Despite the decrease in the activity in altcoin prices in recent days, many…