Coinbase UK has recently received a fine of $4.5 million from
British regulators due to the onboarding of 'high-risk' customers, raising significant compliance concerns within the crypto industry. Meanwhile, American politicians are capitalizing on the rise of meme coins. The
Kamala Harris meme coin has soared to an all-time high following the news of Joe Biden exiting the presidential race. In response, crypto enthusiasts are turning their attention towards emerging projects with high yield prospects, like
Solana and
Pepe Unchained ICO that managed to raise $5 million in a record time. Solana's continued price gains see it return to the high of $188 as Bitcoin bulls push for a $72K target. The Bitcoin ETF inflows hit a six-week high of $422.5 million despite negative speculation surrounding power fee hikes from
Bitcoin mining companies in Paraguay. Amid these developments,
Bitcoin’s price soared to two-week high after former president Trump unexpectedly attacked the cryptocurrency. Though volatile, the meme coin market appears to be recovering, causing an influx of interest in Dogecoin and emerging projects posing for high gains.
HIGH Coin News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Thu, 25 Jul 2024 19:00:38 GMT -
Rating 7
- Innovation -5
- Information 3
- Rumor -3
