According to Cointelegraph, 35 members of the U.S. House of Representatives have called on the Justice Department to investigate Donald Trump's May 22 dinner for top memecoin investors, citing concerns about "foreign influence on U.S. policy decisions" and "potential corruption and emoluments clause violations." In a letter to the Justice Department, lawmakers asked Edward Sullivan, acting director of the Division of Public Integrity, to launch an investigation into the dinner to determine wheth...
He Yi replied on the social platform: "Yeah, I clearly said today that our faces and names were hung, but the effect is not good, because it is not worthy, please refer to the historical data."
Lawyers at Gibson Law Firm have said that the SEC's recently issued memecoin guidance may suggest that it will adjust its cryptocurrency regulatory policies and even affect the application of the Howey test. The SEC previously issued a statement saying that memecoin should generally not be considered a security because the purchasers' funds are not focused on the development of related projects, and the price depends on market speculation and collective sentiment. This position contradicts the S...
The daily circulation of memecoin on Solana fell to 40,000, the lowest level since December 25, 2024.
The latest report of EMC Labs, a cryptocurrency research institution, pointed out that after the Federal Reserve cut interest rates by 50 basis points, the market reaction was generally stable, and Bitcoin (BTC) may be entering the second half of the bull market. The report shows that in the first week after the US interest rate cut on September 18, BTC rose 7.54% for the whole week to close at $63,577.66, which can be slightly enlarged. BTC daily line has broken through multiple moving averages...
由Future3 Campus孵化的Edge Matrix Chain(EMC)宣布完成 2000 万美元融资,由 Amber Group和 Polygon Venture 领投,One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group, Hameem Raees Chowdhury等多家知名投资机构参投。 据悉,Edge Matrix Chain(EMC) 将利用此次融资升级为 AI Layer1基础设施,进一步加速其生态系统的扩展与发展。用户可以通过参与测试网获得 EMC 代币,体验创新...
On June 25th, EMC Labs, a crypto-asset investment and research institution, posted on social media that BTC fell sharply to $58,400 yesterday, approaching the low point of adjustment in early May, but did not fall below it. It re-tested the lower edge of the new high adjustment box and tested the upward trend line formed since October last year. In addition, the effective amplification of trading volume reflects that there is a large amount of money in the range of $58,000 to $60,000 to undertak...
Despread Research, the research arm of Web 3 consultancy Despread, has published a report on the evolution and future potential of the memecoin market, analysing the utility of memecoin as a speculative asset. The team notes that US asset manager VanEck has launched a memecoin index fund that tracks the price of six popular memecoins, including DOGE, PEPE and WIF. The report said that while the launch of the VanEck Memecoin index fund is unlikely to immediately attract institutional investment i...