Weekly Report (24 Feb. – 02 March 25) | What Happened This Week In Crypto
This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) SEC Drops Gemini Investigation, Winklevoss Demands Penalties
The SEC has dropped its investigation into Gemini without filing charges, part of a trend of easing regulatory pressure on crypto firms. Gemini co-founder Cameron Winklevoss, acknowledging the dropped investigation, insists on penalties for regulators he blames for past hostility and damage to the crypto industry…[Read More]
2) SEC Stops Regulating Meme Coins
Memes are no longer subject to securities law after the SEC reclassified them as collectibles. Despite the SEC’s change, other authorities may still bring charges for fraud involving meme currencies…[Read More]
3) Trump’s $5 Million “Gold Card” Visa Proposal a Solution to the National Debt
Trump’s $5 million “gold card” visa aims to attract wealthy foreigners to boost the U.S. economy through taxes and job creation. The viability of Peter Schiff’s plan to sell US passports for $5 million to help pay down the national debt has been questioned…[Read More]
4) Pi Coin Makes Progress in Gaining Real-World Acceptance
Zito Realty in Florida now accepts Pi Coin for real estate transactions, making it the second cryptocurrency, after Bitcoin, for property purchases. Cube Motor, a Florida-based car dealership, has also started accepting Pi Coin for vehicle sales. Pi Coin’s market price jumped by over 20%, reaching $1.90, fueled by its increasing acceptance in the real estate and automotive industries. Its valuation is closely tied to its growing user base and adoption…[Read More]
5) Rezolve AI Reveals $1 Billion Bitcoin Treasury in Addition With Tether
Rezolve AI intends to develop a $1 billion Bitcoin treasury initiative, beginning with a $100 million investment. According to the corporation, BTC Treasury is crucial to its aspirations to become a pioneer in the future of finance…[Read More]
*Disclaimer*: We at Bitcoinleef.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.