|All Time High:
|The price of #SNT today is $0.046 USD.
The lowest SNT price for this period was $0, the highest was $0.046, and the current live price for one SNT coin is $0.04568.
The all-time high SNT coin price was $0.68.
Use our custom price calculator to see the hypothetical price of SNT with market cap of SOL or other crypto coins.
|The code for Status is #SNT.
Status is 6.7 years old.
|The current market capitalization for Status is $183,182,530.
Status is ranking downwards to #248, by market cap (and other factors).
|The trading volume is large today for #SNT.
Today's 24-hour trading volume across all exchanges for Status is $11,868,405.
|The circulating supply of SNT is 4,010,483,790 coins, which is 59% of the maximum coin supply.
|SNT is well integrated with many pairings with other cryptocurrencies and is listed on at least 16 crypto exchanges.
View #SNT trading pairs and crypto exchanges that currently support #SNT purchase.
|Note that there are multiple coins that share the code #SNT, and you can view them on our SNT disambiguation page.
v1.20 Sürümü — Wallet Connect, Karşılıklı İletişim İstekleri ve Performans İyileştirmeleri
v1.20 Sürümü — Wallet Connect, Karşılıklı İletişim İstekleri ve Performans İyileştirmeleri - Status v1.20, karşılıklı iletişim istekleri için deneysel destek, Wallet Connect desteği, performans iyileştirmeleri ve birçok hata düzeltmesi sunar. Gelişirken ilkelerimize sadık kalırız. Şeffaflık ve Açıklık, iletişim ve merkezi olmayan karar verme araçlarıdır. Bunun, Status Mobile uygulamasının 1.x sürümündeki son özellik sürümü olduğunu duyurmaktan heyecan duyuyoruz. Uzun yıllar süren geliştirme, iyileştirme ve hata düzeltmelerinden sonra eski Status Mobile UI’yi dinlenmeye hazırlıyoruz. Bu sürümün ardından, tüm geliştirme çabalarımız tamamen yeniden tasarlanmış yeni Status mobile 2.0 uygulamasını kullanıma hazır hale getirmeye odaklanacak. Yeniden tasarlanan bu Status Mobile 2.0, Status topluluk grup sohbet işlevini ve sıfırdan çoklu zincir için tasarlanmış ve oluşturulmuş yepyeni bir cüzdan içerecek. Bu, Status’un orijinal “Süper Uygulama” vizyonunu sunmaya başlamayı amaçlayan tamamen yenilenmiş bir kullanıcı deneyimine ektir. — Cüzdan Bağlantı Desteği. — Status artık masaüstünüzde dApp’leri kullanırken cep telefonunuzdan işlemleri imzalamak için Wallet Connect’i destekliyor. Wallet Connect 2.0, mesajları aktarma düğümleri arasında merkezi olmayan bir şekilde iletmek için artık Waku 2.0'ı kul...
Kripto Sosyal — Gizlilik için savaşmamıza yardım edin
Kripto Sosyal — Gizlilik için savaşmamıza yardım edin Tokenize edilmiş topluluklar daha gerçek hale geldikçe, daha fazla insan kriptonun mahremiyetlerini ve hatta özgürlüklerini nasıl koruyabileceğini anlamaya başladıkça, kimlik gelişmeye devam ettikçe, kripto sosyal büyüyor. Vitalik bunun hakkında (ve hatta daha önce) bir konuşma yaptığından beri, kripto sosyal, Web3'ün ve genel olarak kripto teknolojisinin hızla gelişen bir boyutu oldu. İnsanlar büyük teknolojik statükodan bıktı. Facebook ,hizmetlerini kullanmayan insanlar hakkında tüm kitaplara sığabilecek kadar fazla veriye sahiptir. Ve insanlar onları GDPR’ye, makul herhangi bir gizlilik standardına göre sorumlu tutmaya çalıştığında, bu tür önlemlerin etkisiz olduğunu bildikleri için hem yasayı hem de dürüstlüğü görmezden geliyorlar. Amazon, internet altyapısı üzerinde çoğu ülkeden daha fazla kontrole sahiptir. Google, aradığınız her şeyi bilir ve bu bilgileri, bu ürüne veya hizmete ihtiyacınız olduğuna inandırmak için kullanır. Veya onu aynı amaç için kullanan başkalarına satar. Verileriniz onların kârıdır. Çünkü bu aynı zamanda onların verileridir. Onlar için öneminiz, mahremiyetinizin ihlallerini kolayca paraya çevirebilmeleridir. Kripto ilkeleri bu statükoya sert bir şekilde karşı çıkıyor. Ve biz (burada Status’ta, ama burada kriptoda da) bu problemler...
v1.18 Sürümü — Binance, ENS, Güvenilirlik ve Senkronizasyon
v1.18 Sürümü — Binance, ENS, Güvenilirlik ve Senkronizasyon Status, her zaman ileriye doğru hareket eder, herkese gizlilik ve güvenli iletişim sağlar. Çekirdek ekip, büyük bir sürümü bir araya getirmek için çok çalıştı: çeşitli boyutlarda daha fazla güvenilirlik, Binance Akıllı Zincir ve ENS belirteçleri için destek, “Çevrimiçi” durum göstergesi ve çeşitli düzeltmeler.Binance, ENS, xDAI Yoğun istek üzerine Binance artık doğrudan desteklenmektedir (özel bir ağ olarak eklenmesi gerekmez). ENS belirteçleri de artık doğrudan desteklenmektedir. Bazı kişiler xDAI ağ ücreti hesaplamalarıyla ilgili bir sorun bildirdi, bu da çözüldü.Daha İyi Mesaj Güvenilirliği Merkezi olmayan yazılımın kararsız olduğunu kim söylüyor? Biz değil. Mesajlar artık çevrimdışıyken gönderilebilir (ve tekrar çevrimiçi olduğunda gönderilecek).Cihaz Eşleştirme/Senkronizasyon İyileştirmeleri Cihazlar arasında status her zamankinden daha iyi. Aktivite Merkezi artık cihazlar arasında senkronize oluyor, “Oku” mesajları da cihazlar arasında senkronize edilebiliyor.Performans ve Kullanıcı Deneyimi V1.18 sürümünde genel status deneyiminde bazı iyileştirmeler yapıldı. Kullanıcılar artık içe aktarılan cüzdanların sahip olduğu ENS adlarını kullanabilir. Kişiler Waku aracılığıyla yedeklenebilir ve geri yüklenebilir. Otomatik güncellemeleri etkinleştir...
StatusQ: Web3 uygulamaları için bir UI bileşen kitaplığı
StatusQ, Status uygulamaları için MPL2.0 kapsamında lisanslanan, yeniden kullanılabilir bir QML UI bileşen kitaplığıdır. Peki bunun anlamı nedir? Geriden başlayalım. Mozilla Kamu Lisansı 2.0, temel olarak (bu yasal tavsiye değildir) StatusQ’nun kaynak kodunun ticarileştirilmesine ilişkin bazı özel istisnalar dışında yeniden kullanılabileceği ve değiştirilebileceği anlamına gelir. StatusQ, öncelikle Status Desktop’ta kullanılır, ancak diğer projelerde de kullanılabilir. StatusQ’yu anlamak için belgelere veya yol haritasına başvurabiliriz, ancak genel bir bakış için önce Qt Meta-Object Language veya QML  hakkında biraz bilgi sahibi olmamız gerekir. QML, en popüler UI geliştirme araç takımlarından biri olan Qt çerçevesindeki kullanıcı arayüzlerini belirtmek için kullanılan bir programlama dilidir. QML, Ubuntu Phone/Ubuntu Touch, KDE Plasma 4 & 5, LG’nin webOS’u ve diğer birçok kullanıcıya yönelik uygulamada kullanılır. QML ile bir kullanıcı arabirimi oluşturmak için bileşenler tanımlanır ve daha sonra yeniden kullanılır (ideal olarak). Örneğin, Status uygulamalarında aynı genel özelliklere sahip birden çok simge SVG dosyasını görüntülemek veya bir kullanıcının fare etkinliğiyle aynı etkileşimlere sahip birden çok düğme eklemek isteyebiliriz. (QML hakkında daha fazla bilgi edinmek için belgelerine bakın!) StatusIcon ve Stat...
Status Karşılama Kılavuzu
Uygulama hakkındaki algınıza bağlı olarak, Status’a Özel ve Güvenli Messenger veya Gözetim Dışı bir cüzdan diyebilirsiniz. Buna Web3 Tarayıcısı ve 3 özelliğin tümüne sahip çok boyutlu bir uygulama da diyebilirsiniz. Status’u arkadaşlarınızla “sohbet etmenize”, kripto para birimleri (Eth & ERC20 jetonları) depolamanıza ve ayrıca internette gezinmenize izin veren merkezi olmayan bir uygulama olarak düşünün. Gizliliğinizin ve bilgilerinizin kontrolünü elinizden bırakmadan tüm bunlara erişmenizi sağlar. Status Hesabınızı Oluşturma Status uygulaması anonim bir hesap oluşturmanıza izin verir, Status’a“ e-posta adresinizi”, “telefon numaranızı”, “adınızı” vermeniz gerekmez. Tek yapmanız gereken 2 düğmeye dokunmak ve bum, bir anonim hesap kurdunuz. https://medium.com/media/50439d210d12f3b8e042c3faaa658c22/href Bahse girerim hesabınızı nasıl kurtarabileceğinizi ve ayrıca hesabınız anonim ise arkadaşlarınızın sizinle nasıl iletişime geçebileceğini merak ediyorsunuzdur. Status kimlikleri, telefon numaraları veya kullanıcı adları kullanılmadan cihazlar arasında tamamen taşınabilir. Bunun yerine, Status’un çalışacağı herhangi bir cihazda hesabınızı geri yüklemenize olanak tanıyan bir “kurtarma çekirdeği” oluşturulur. Uygulamaya gidin ve henüz kurtarma kelimelerinizi yedeklemediyseniz Profil > Gizlilik ve Güvenlik &g...
v1.17 Sürümü — Özel Profil Resimleri, Daha Hızlı
v1.17 Sürümü — Özel Profil Resimleri, Daha Hızlı Status v1.17, özel profil resimleri, sohbnet ve cüzdan iyileştirmeleri ve elbette birçok hata düzeltmesi sunar. Yeni Statusu buradan alın. Sohbet İyileştirmeleri Görüntüler artık Status’dan doğrudan diğer uygulamalarla paylaşılabilir, bu da aşina olduğunuz mesajlaşma deneyimini sağlar, ancak gizlilik ihlalleri olmaz. Gizlilikte, profil resimleri artık varsayılan olarak yalnızca kişiler tarafından görülebilir. Profil resminizi dünyayla (veya… kimseyle?) paylaşmak istiyorsanız, bu seçeneği şuradan değiştirebilirsiniz: Ayarlar → Gizlilik ve güvenlik → Profil resminizi şu kişilere gösterin… Signal ve Telegram ayrıca profil resimleri için gizlilik seçenekleri sunar, ancak Telegram’ın varsayılan ayarı herkese açıktır. Topluluk kanalları artık daha da özelleştirilebilir. Renk kodlu emoji küçük resimleri, kanallarınızı bir bakışta net bir şekilde tanımlayacak şekilde ayarlanabilir: Birden fazla cihaz artık silinen sohbetleri ve değiştirilen/engellenen/silinen kişileri tamamen senkronize edecek. Status Desktop’ı denediniz mi? Gönderilen mesajlar da artık silinebilir. (Evet, silinen mesajlar herkes için silinir.) Sohbet kullanıcı arayüzünde gezinme ⚡ optimize edildi ⚡, bazı bölgelerde 4 kata kadar daha hızlı. Cüzdan Özellikleri RARE tokeni, varsayılan ERC20 token listesine e...
v1.16 Yayınlandı— EIP-1559 Burada !
v1.16 Yayınlandı— EIP-1559 Burada ! Status v1.16, EIP-1559 desteğini sunar; cüzdan, Keycard ve sohbet iyileştirmeleri; ve birçok hata düzeltmesi. Yeni Status sürümünüzü buradan alın. Otomatik güncellemeleri etkinleştirmediyseniz App Store veya Google Play’de güncelleyin. Mevcut APK burada. Tam değişiklik günlüğü için Github’a bakın. Cüzdan İyileştirmeleri EIP-1159 desteği! — Zamanı geldi: Status’a EIP-1559 desteği ekledik! Artık Status uygulaması üzerinden yapacağınız ethereum işlemlerinin işlem ücretleri yanacak. Bununla ilgili gelişmeler veya alınan kararlar hakkında daha fazla ayrıntı istiyorsanız, buradan PR’a göz atın. Cüzdanınızdaki hesapları gizleyin/gösterin — belirli hesapları gizli tutmak mı istiyorsunuz? Şimdi kolaylıkla yapabilirsiniz! Cüzdandaki eski veya istenmeyen hesapları silin Tabii ki, artık eski veya istenmeyen hesapları silebilirsiniz. Keycard’a iyileştirilmiş geçiş Hatasız ve her yönden daha sorunsuz bir deneyim. Buradan bir Keycard alın! Birini ayarlamak hiç bu kadar kolay olmamıştı. Özellikleri EIP-1159 desteği Cüzdan hesaplarını gizle/göster Cüzdan hesaplarını sil Grup sohbetleri için geliştirilmiş bildirimler — birisi bir grup sohbetinde mesajınıza yanıt verdiğinde bildirim alın. İyileştirmeler / Hata düzeltmeleri Herkese açık olmayan sohbetlerde geçmişi temizleyin. Okuma ...
Status Keycard Nedir ? Nasıl Sipariş Verilir ?
Status Keycard Nedir ? Nasıl Sipariş Verilir ? Keycard, kripto cüzdanları, DApp’ler ve donanım ile basit entegrasyon için yeni bir akıllı kart ve açık kaynak API türüdür. Sorunsuz bir temassız deneyimde kripto para birimlerini güvenli bir şekilde göndermek, depolamak ve almak için tasarlanmıştır. Keycard ile daha fazlasını yapın Tüm Büyük Kripto Para Birimleriyle Uyumlu Ethereum, ERC20 jetonları, Bitcoin, Bitcoin Cash, Litecoin, Ripple ve ECDSA imzalarına dayalı herhangi bir para birimini güvenle saklayan bir HD BIP-32 cüzdanı. Temassız İşlem Doğrulama NFC ile, bir mobil cihazda Anahtar Kart’a dokunarak işlemleri ve ödemeleri güvenli bir şekilde imzalayın ve yetkilendirin. Başlatmak İçin Dokundur Keycard, tıpkı temassız bir QR kodu gibi, bir telefonda karta dokunarak belirlenmiş bir uygulamayı veya URL’yi başlatmak için programlayın. Ucuz ve Tanıdık Tasarım Kredi/banka kartına benzer şekilde tasarlanan Akıllı Kartlar, yeni kullanıcıları dahil etmenin ucuz, basit ve güvenli bir yoludur. Güvenlik için Üretildi Keycard, hava boşluklu bir ortamda özel anahtarları çevrimdışı olarak güvenli bir şekilde saklamak için tasarlanmıştır. Kartın güvenli öğesini asla terk etmezler ve her zaman çevrimdışı tutulurlar. Kimse Erişemez Keycard donanım güvenliği, en katı standartla (Common Criteria EAL5+) uyumludur. Kart çalınsa bile hiç kims...
En İyi Mesajlaşma Uygulaması Status
Status insanlarla anonim sohbet yapmanızı sağlar.Status uygulaması üzerinden göndereceğiniz mesajlar sansürlenemez ve engellenemez.Status’da kontrol kullanıcının elindedir.Gereksiz aracıları ortadan kaldırır. Statusu indirmek için https://play.google.com/store/apps/details?id=im.status.ethereum Discourd : https://discord.com/invite/3Exux7Y Status Sohbet,Cüzdan Ve Web3 Güvenli bir tarayıcı içerir.Tamamen açık kaynak kodlu ve dünya çapında katkıda bulunanlar tarafından geliştirilmiştir. Geliştiriciler, tasarımcılar, yaratıcılar, eğitimciler, meraklılar ve daha fazlası kaynaklara, varlıklara ve bilgilere ücretsiz bir şekilde erişebilir. Sansüre karşı dayanıklı ve üçüncü taraf denetiminden muaf olacak şekilde tasarlanmıştır. Çekirdek Özellikler Anonim hesap oluşturmaÜye olurken telefon,mail,banka hesabı gerektirmez.Anahtar oluşturun ve yönetin Eşler Arası SohbetKişisel sohbetler,grup sohbetleri,genel sohbetlerSohbette kripto ödemeleri gönderin ve alıne2e şifrelemesimükemmel ileri gizlilik Entegre kripto cüzdanıERC-20 ve ERC-721 tokenleriSohbet ve internet tarayıcısı ( Web3 ) Çoklu hesap kullanımıİmza kelimesi Özel Web3 İnternet tarayıcısıEthereum’u keşfedin ve etkileşimde bulunun DappsDap.psEIP’s Status’da hesap oluşturmak çok kolaydır.Bir hesap oluşturmak için banka hesabı,telefon numarası veya mail adresi gerekli değildir....
Status Türkçe Sohbete Katılma Ve Status UygulamasıNasıl İndirilir
Status Türkçe Sohbete Katılma Ve Status Uygulaması Nasıl İndirilir Status uygulamasını nasıl indirebileceğinizi ve türkçe sohbet kanalına nasıl katılabileceğinizi en başından anlattım.Daha kolay anlaşılması için resim olarak ekleyeceğim.
More Status (#SNT) News
|Hashkey Group Achieves Unicorn Status With $100 Million Series A Funding
After obtaining a comprehensive capital markets license in Singapore, Hashkey Group announced it has successfully garnered $100 million through a Series A funding round. The fresh injection of capital is earmarked for expediting the growth of their licensed operations in Hong Kong, while simultaneously strengthening the company's Web3 initiatives.$100 Million Funding Aims to Fuel Expansion and Strengthen Web3 Initiatives
On Tuesday, Hashkey Group, based in Hong Kong, disclosed its successful fundraising of $100 million from a mix of strategic partners, institutional backers, and Web3 entities. This infusion of funds elevates the company to unicorn status, with an estimated valuation of approximately $1.2 billion.
In their Tuesday announcement sent to Bitcoin.com News, the company elaborated, “The newly raised capital will be used to solidify Hashkey's Web3 ecosystem, accelerate the product diversification of its licensed business in Hong Kong, and drive the Group's compliant and innovative development globally.”
The latest development comes on the heels of Hashkey securing a comprehensive Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). Hashkey Exchange, the firm's trading platform, boasts over 155,000 registered users and a trading volume of $630 million in the past month. On Tuesday, the group further highlighted its establishment of partnerships with six publicly traded companies and ten brokerage houses.
According to Crun...
|Reports Suggest That Binance is Reviewing the Status of Privacy Coins on...
Recent reports from members of the Zcash community indicate that Binance, the largest cryptocurrency exchange, would be preparing to review all privacy coins listed on its platform and possibly delist some. The exchange has been in talks with project representatives since November 2023, when it expressed its worries about not having the possibility of determining the origin of funds in some Zcash transactions.
Binance to Make a Comprehensive Review of Privacy Coins
Reports indicate that Binance, one of the largest cryptocurrency exchanges, is reviewing the status of privacy coins listed on its trading platform, even considering delisting some. The exchange had been in talks with representatives of these projects about making changes to improve their compliance efforts with the upcoming MiCA implementation.
Jason McGee, a Zcash community grants member, has been having regular meetings with Binance since November 2023, when the exchange expressed its worries about not having the possibility of determining a source address for some Zcash transactions, making it difficult to prove that these funds do not come from an Office of Foreign Assets Control (OFAC) flagged address.
On January 11, after having a meeting with Binance where they rejected implementing a solution to avoid being delisted, McGee declared:
Binance plans to evaluate the discussions they’ve had with various privacy coin projects, whether they plan to adhere to Binance’s requests, and then potenti...
|Dollar's Reserve Currency Status Is the United States' Reward for Contro...
According to Mike Novogratz, the United States' control of the seas enables it to maintain the dollar's reserve currency status. Novogratz suggested that the U.S. and United Kingdom's joint strikes on Yemen were necessary because they give residents the 'benefit of borrowing endlessly at low rates.'Impact of Attacks on Commercial Ships Passing Through the Red Sea
Mike Novogratz, the billionaire and CEO of Galaxy Digital, has stated that the U.S. dollar’s reserve currency status is the reward that the United States receives in exchange for controlling the seas. According to the billionaire, maintaining this status costs the U.S. approximately $1 trillion, which is equivalent to around 4% of its GDP.
The country that controls the seas has always been rewarded reserve currency status. It costs the USA approx 4% of GPD to keep that rank. It gives us the benefit of borrowing endlessly at low rates. The actions in the Red Sea are very appropriate in this context.…
— Mike Novogratz (@novogratz) January 12, 2024
Novogratz, a supporter of United States President Joe Biden's Democratic Party, made these remarks just after the U.S. and the U.K. launched missile strikes targeting regions of Yemen reportedly controlled by the Houthis. The strikes on the Houthi rebels followed a surge in the number of attacks on commercial ships passing through the Red Sea.
The growing attacks have forced some shipping companies to suspend or avoid using the Red Sea altogether. This...
|Billionaire 'Bond King' Jeffrey Gundlach Warns US Dollar's Reserve Curre...
Renowned billionaire Jeffrey Gundlach, also known as the 'Bond King,' has raised concerns over the potential risk to the U.S. dollar's reserve currency status due to rising national debt. 'The future of the U.S. dollar, and possibly out-of-control inflation, depends on getting the budget and spending under control,' Gundlach warned.Jeffrey Gundlach on Future of U.S. Dollar
Jeffrey Gundlach, the CEO and chief investment officer of investment management firm Doubleline, has warned that the U.S. dollar's reserve currency status may be at risk if the United States does not get its spending under control. Gundlach is nicknamed “the Bond King” after he appeared on the cover of Barron’s as “The New Bond King” in 2011. His net worth is currently $2.2 billion, according to Forbes. His firm oversees around $150 billion of assets under management (AUM).
Gundlach said in an opinion piece: 'Should the Federal Reserve continue to raise rates, which may happen, or should the national debt grow, which is certain to happen, this problem will get much worse.” He emphasized:
The future of the U.S. dollar, and possibly out-of-control inflation, depends on getting the budget and spending under control.
The weighted average interest rate on U.S. Treasury debt was 2.92% in August, up from 1.97% in the same time period last year. The billionaire stated that the interest rate on U.S. debt could increase to 5.5% given the current level of Federal Reserve borrowing c...
|BNY Mellon: US Dollar's Global Reserve Status Safe Despite BRICS Expansi...
The Bank of New York Mellon has provided insights into why the growth of the BRICS economic alliance is unlikely to impact the U.S. dollar's dominance as the global reserve currency. 'We think the most important factor for dollar use into the next decade revolves around technology instead,' said the investment bank's analyst.BNY Mellon on US Dollar's Dominance
The Bank of New York Mellon Corp. (BNY Mellon) explained in a note, published Friday, that the U.S. dollar is unlikely to lose its global reserve currency status despite the expansion of the BRICS economic bloc. The leaders of the BRICS nations (Brazil, Russia, India, China, and South Africa) recently invited six nations — Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) — to join the alliance as new members.
Bob Savage, head of market strategy at BNY Mellon, does not believe the expansion of the BRICS group is enough to dethrone the U.S. dollar. Noting that one of the BRICS objectives is to find an alternative to the USD, he wrote:
The USD is unlikely to lose its global reserve status anytime soon ... new currency unions should look to technology or green baskets, rather than gold- or carbon-based ones.
During their recent summit, the BRICS leaders agreed to encourage the use of local currencies in international trade and financial transactions, thereby reducing reliance on the U.S. dollar.
According to BNY Mellon, the additions of Iran, the UAE, Egypt, and Saudi Arabia wi...
|Ethereum Denied Non-Security Status In Latest Court Battle Against SEC
In a recent court ruling, Ethereum (ETH) was denied non-security status in a case against the U.S. Securities and Exchange Commission (SEC).
The court granted the SEC's motion to dismiss the complaint for declaratory relief on whether Ethereum and the Ethereum Network are securities. While the ruling was a procedural one and not on the merits, it confirmed that there is no protection for Ethereum as a non-security.
Ethereum And Other Cryptocurrencies Left In Legal Limbo
At this point in the US, only Bitcoin (BTC) and XRP are large-cap tokens that have legal clarity. The court's decision highlights the regulatory uncertainty surrounding cryptocurrencies and the need for the SEC to issue definitive guidance rather than approaching the issue in piecemeal litigation.
According to the Law Firm Dedicated to unique issues of digital assets and cryptocurrency, Hodl Law, the court emphasized that the SEC has not investigated the plaintiff or threatened to investigate, and there is no imminent threat based on its unclear Ethereum position and enforcement-by-litigation approach.
However, the SEC's recent refusals to comment on Ethereum, combined with the position it was forced to take in this briefing, clearly demonstrate that it views Ethereum as a security and is waiting for the most opportune time to strike.
While there are appellate options and constitutional grounds available, the ruling underscores the need for greater regulatory clarity in the cryptocurrency sp...
|XRP Holders Get Investors Class Status But Ripple Contests Conflicting E...
The Howey test for security relies on the buyer's expectations to an extent. This is a major bone of contention when it comes to the 2018 class action surrounding the sale of XRP, which precedes the SEC's lawsuit against blockchain firm Ripple.
The investor class, in this case, was recently granted certification in a crypto securities lawsuit against the company over XRP losses incurred by the plaintiffs. Ripple CEO Bradley Garlinghouse, along with its subsidiary 'XRP II,' contested the certification.
However, Judge Phyllis J. Hamilton of the US District Court for the Northern District of California asserted that the class met the four requirements for certification, allowing the lawsuit to proceed.
Dispute Regarding Class Status Granted to Ripple Investors
The lawsuit in question claims that the San Francisco-based Ripple Labs engaged in a scheme to raise hundreds of millions of dollars by selling XRP to retail investors, deeming the action as a violation of federal and state securities laws. The plaintiffs argue that XRP should be considered an unregistered security.
The lead plaintiff reportedly purchased and sold XRP only during a two-week window in 2018. The declaration stated that he expected the token's price to increase based on Ripple's efforts, which is a key inquiry in the Howey test. XRP purchasers, on the other hand, submitted amicus briefs in the SEC case claiming entirely different expectations about the tokens, according to the defense brief.
Defense lawyers, ...
|Dollar Reliance Shrinks — China's LNG Deal With Qatar Challenges '...
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China's commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under the agreement, China will import a substantial four million metric tons of LNG per year from the Gulf nation. Moreover, CNPC will also obtain an equity stake in Qatar's North Field LNG project, further solidifying their collaboration.China and Qatar Sign 27-Year LNG Deal Further Solidifying Relationship Between Both Nations
China is making steady progress in diversifying its currency deals and lessening its dependence on the U.S. dollar, and that includes fewer natural gas imports from the United States. Alongside various other BRICS nations, the Asian nation has been strategically maneuvering to reduce the prominence of the greenback in international trade.
In a noteworthy development at the end of March, China entered into a bilateral agreement with Brazil for the procurement of liquefied natural gas (LNG), with the settlement of the transaction taking place in yuan, facilitated by a French company.
On June 20, Reuters reported that Qatar and China have reached a substantial deal for LNG, with the two countries agreeing to collaborate for 27 years. Similar to the United Arab Emirates (UAE), Qatar is an emerging economy. Both regions were upgraded by the financial markets and benchmark firm MSCI ...
|US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status &...
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker.Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status
U.S. Senator Rand Paul (R-KY) shared his concerns about the growing de-dollarization trend and the USD losing its global reserve currency status in an interview with Fox Business Thursday.
He was asked: 'Is king dollar going to be tossed off of its throne because of bad fiscal and monetary policies? Is it going to lose its world reserve status in your judgment?' The senator from Kentucky replied:
I am concerned about it.
“I think our foreign policy has something to do with that … We've pushed all of our adversaries farther and farther away from us and closer and closer together. It's not just Russia and China being pushed together by foreign policy and obviously, some of it is their own doing, and it's a response to things they've done that we don't like,” the lawmaker opined.
He added: “North Korea is in that basket as well. Iran is in that basket. But now we have some countries, such as Saudi Arabia, also sort of being pushed together into this non-aligned or unaligned coalition that wants to denominate their trades in things other than the dollar. So I think it is coming. And also if you treat your dollar like scrap paper an...
|ECB President Lagarde on De-Dollarization: Reserve Currency Status Shoul...
European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status 'should no longer be taken for granted.' Acknowledging de-dollarization efforts by various countries, she stressed: 'New trade patterns may have ramifications for payments and international currency reserves.'ECB’s Christine Lagarde on De-Dollarization and Alternative Currencies
The president of the European Central Bank (ECB), Christine Lagarde, shared her thoughts on the de-dollarization trend happening across the globe in an interview with the Council on Foreign Relations last week.
Noting that the U.S. dollar has become “the international, the global reserve, and the transaction currency” with the euro in second place, she warned that “new trade patterns may have ramifications for payments and international currency reserves.” The ECB president continued: “In recent decades, China has already increased over 130-fold its bilateral trade in goods with emerging markets and developing economies, with the country also becoming the world’s top exporter … New trade patterns may also lead to new alliances.”
Lagarde added, “Recent research indicates that there is a significant correlation between a country’s trade with China and its holding in renminbi as reserves.' Noting that “One study finds that alliances can increase the share of a currency in the partner’s reserve holdings by rou...
|Hillary Clinton Warns of 'Worldwide Financial Meltdown' and Dollar Losin...
Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed.Hillary Clinton on U.S. Debt Default and Dollar Losing World’s Reserve Currency Status
Hillary Clinton, a former first lady and the U.S. Secretary of State from 2009 to 2013, warned in an opinion piece, published by the New York Times Monday, about the disastrous outcomes that could result from the U.S. defaulting on its debt obligations, including the risk of the dollar losing its status as the world's reserve currency.
'The debt ceiling debate is not about authorizing new spending. It’s about Congress paying debts it has already incurred. Refusing to pay would be like skipping out on your mortgage, except with global consequences,' Clinton described, warning:
Because of the central role of the United States — and the dollar — in the international economy, defaulting on our debts could spark a worldwide financial meltdown.
Noting that “the competition between democracies and autocracies has grown more intense,” the former first lady cautioned: “By undermining America’s credibility and the pre-eminence of the dollar, the fight over the debt ceiling plays right into the hands of Xi Jinping of China and Vladimir Putin of Russ...
|White House Economist Warns China Wants to Weaken US Dollar's Reserve Cu...
In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within.China Wants to See U.S. Dollar Losing World’s Reserve Currency Status, Says Bernstein
White House economist Jared Bernstein answered some congressional questions about the U.S. dollar’s status as the world’s reserve currency before the Senate Banking Committee on Tuesday during a hearing on his nomination to be chairman of the Council of Economic Advisers.
Bernstein, a current member of the White House Council of Economic Advisers, previously served as chief economist to then-Vice President Joe Biden in the Obama-Biden Administration before joining the Center on Budget and Policy Priorities, where he served as a senior fellow from 2011 to 2021.
During the hearing, Senator Bill Hagerty (R-TN) noted efforts by several countries that threaten the status of the U.S. dollar as the global reserve currency, such as Brazil’s president, Luiz Inácio Lula da Silva, calling for an end to the dollar trade dominance. Emphasizing that China applauded this, the senator from Tennessee asked Bernstein: “Do you agree that China wants to see this happen?” The White House economist promptly replied:
I think there's some evidence that it does.
|Ether's Security Status Remains Unclear as SEC Chair Gensler Fails to An...
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC's regulatory actions say 'there's a great deal of uncertainty.'Lawmaker Probes SEC Chair Gary Gensler on Whether Ether Is a Security
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, testified on Tuesday before the House Financial Services Committee on the oversight of the SEC. During the hearing, the committee's chairman, Congressman Patrick McHenry (R-NC), asked the SEC chief whether ether (ETH) is a commodity or a security.
McHenry explained that back in 2018, Bill Hinman, who was the director of the SEC's Division of Corporation Finance at the time, stated that ether was not a security. Last month, the chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, expressed his view that ether is a commodity, he continued, adding that the New York State Attorney General asserted in a court filing last month that ether is a security. 'Clearly, an asset cannot be both a commodity and a security, do you agree?' the lawmaker asked Gensler.
The SEC chief replied:
Actually, all securities are commodities under the Commodity and Exchange Act. It's that we are excluded commodities but I would agree that a security cannot be also an excluded commodity an...
|Strategists: US Dollar's Reserve Currency Status Eroding at 'Alarming Pa...
Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar's global reserve currency status has accelerated at an alarming pace in recent years, especially following the onset of the Russia-Ukraine war. They noted that the USD has declined 8% in one year, which is 'equivalent to 10 times the average annual pace of erosion in the USD's market share in the prior years.'Strategists on the U.S. Dollar Losing Its Global Reserve Currency Status
Eurizon SLJ Asset Management says the U.S. dollar experienced a significant decline as a preferred reserve currency in 2022 despite its continued dominance in international trade. The firm's strategists Joana Freire and Stephen Jen wrote in a note Monday:
We believe the erosion of the dollar's reserve currency status has accelerated in recent years at an alarming pace, especially since the start of the Ukraine war.
'The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions' following the outbreak of the Russia-Ukraine war, the strategists wrote. 'Exceptional actions taken by the U.S. and its allies against Russia have startled large reserve-holding countries.' They further noted that Russia became largely isolated from the global financial system after it invaded Ukraine last year, leading the Kremlin to rely more on the Chinese yuan.
The strategists added that the greenback’s share of global reserves has decreas...
|Economist Peter Schiff Advises 'Get Rid of Your US Dollars Now'— W...
Economist Peter Schiff has urged people to get rid of their U.S. dollars now as a growing number of countries have escalated their efforts to reduce their dependence on the U.S. and the USD. 'The dollar's reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best move you can make to mitigate your personal loss is to divest of dollars and dollar-denominated financial assets,' he stressed.Get Rid of U.S. Dollars Now, Says Peter Schiff
Gold bug and economist Peter Schiff has urged U.S. dollar holders to get rid of their USD now. He tweeted Friday:
How much clearer does the writing on the wall need to be? Get rid of your U.S. dollars now, while there's still enough people who still can't read it.
His tweet was prompted by an article titled, 'Saudi Arabia, Southeast Asian Nations Swipe Left on US Dollar Dependence,' which highlights the mounting efforts by countries in Southeast Asia and the Middle East, particularly Saudi Arabia and ASEAN nations, to reduce their reliance on the U.S. and the dollar. The Turkish central bank also recently unveiled measures to ramp up their de-dollarization efforts.
Schiff tweeted on Thursday:
The dollar's reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best move you can make to mitigate your personal loss is to divest of dollars and dollar-denominated financial assets.
The economist has repeatedly issued warnings about the state of the U.S. econ...
|Bitcoin's Safe-Haven Status Revisited as DeSantis Targets CBDCs: This We...
Investors have been revisiting Bitcoin's status as a safe haven asset this week, as market volatility and global economic uncertainty continue to fuel interest in digital currencies.
Bitcoin, the world's largest cryptocurrency, has long been seen as a potential safe haven asset due to its decentralized and borderless nature. This week, investors have been buying Bitcoin in increasing numbers as a hedge against inflation and market volatility.
Meanwhile, Florida Governor Ron DeSantis has taken aim at central bank digital currencies (CBDCs), arguing that they could threaten the US dollar's status as the world's reserve currency. DeSantis has proposed legislation that would ban the use of CBDCs in the state of Florida, citing concerns over privacy and security.
The debate over CBDCs and their potential impact on the global financial system is likely to continue in the coming months, as more central banks explore the possibility of issuing their own digital currencies.
In the meantime, Bitcoin's safe haven status and growing mainstream adoption could make it an attractive investment option for investors looking for a store of value in uncertain times.
However, as with any investment, it's important to conduct thorough research and exercise caution before investing in cryptocurrencies. The market remains highly volatile and unpredictable, and investors should only invest what they can afford to lose.
Overall, this week in coins has highlighted the ongoing interest and debate surro...
|First Republic Bank's Shares Downgraded to Junk Status by S&P Global; St...
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic's shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial institutions may not address the bank's liquidity issues. First Republic's shares fell more than 15% on Monday morning when Wall Street opened and by 1:15 p.m. (ET), the stock was down more than 25%. First Republic Bank Shares Slide 25% Lower Despite $30B Cash Infusion From 11 Lenders Last Week
At around 1:15 p.m. Eastern Time on Monday, March 20, 2023, shares of San Francisco-based First Republic Bank (NYSE: FRC) were down more than 25% against the U.S. dollar. The commercial bank and wealth management services provider recently received $30 billion from 11 major banks, including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells Fargo, BNY Mellon, PNC Bank, State Street, Truist Bank, and US Bank, on March 16.
FRC stock chart by TradingView
However, the cash infusion has not helped First Republic as S&P Global reduced the bank's stock (FRC) to junk status, citing concerns that the recent hel...
|Blockfi Pauses Customers Withdrawals, Cites 'Lack of Clarity' on FTX's S...
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the 'lack of clarity' on the current state of FTX, which had previously announced an investment of $250 million in the platform to bolster its balance sheet.
Blockfi Limits Platform Activity, Pauses Customer Withdrawals
Blockfi, one of the leading cryptocurrency lending platforms, announced on Nov. 10 at 8:16 p.m. (ET) it was limiting the activity on its platform and pausing customer withdrawals as a result of the liquidity crunch that FTX has been experiencing. The company cited the 'lack of clarity' of the status of the exchange as the main reason behind this resolution.
In an announcement, the company explained they found out about the FTX situation on Twitter, feeling 'shocked and dismayed' by the development of this issue. Furthermore, the company declared that it couldn't continue operating normally, communicating it was limiting its services until further notice.
The company had previously informed that transactions slated to happen on Nov. 11 were going to be delayed to Nov 14 due to its banking partner, Silvergate Bank, observing the federal holiday of Veterans Day.
Finally, Blockfi stated that it will keep customers informed about further developments. The news follows the statements made by Blockfi co-founder Flori Marquez. 'All Blockfi product...
|Weekend Watch: Status Quo as BTC Steady at $40K, ETH at $3,000
Following the recent price fluctuations, bitcoin has stalled and remains just above the coveted $40,000 mark. The altcoins are also untypically stable today, with Ethereum maintaining $3,000 and Binance Coin sitting well above $400.
Bitcoin Stable Above $40K
Bitcoin's price went through some enhanced volatility in the past week or so as it all started from the asset's inability to overcome $47,000 decisively. The bears took advantage of this and started pushing it south, with BTC slumping to $45,000 and $43,000 in a matter of days.
The situation worsened when the cryptocurrency fell below the January 2021 ATH of $42,000. The nosedives continued, and shortly after, bitcoin declined to a monthly low beneath $40,000.
It bounced off after the second drop below that level and spiked to nearly $42,000 a few days ago. However, the generally bearish sentiment in the market continued and pushed BTC down again. As of now, the asset stands at just over $40,000, and its market capitalization sits at $770 billion.
BTCUSD. Source: TradingView
Altcoins Remain Calm
The alternative coins registered similar fluctuations in the past several days but have calmed on a daily scale.
Just last week, Ethereum dumped below $3,000 for the first time in about 20 days, but the second-largest crypto reacted well and currently sits above that line.
Binance Coin also fell beneath a round-numbered milestone - $400 - but it now trades at $415.
On a daily scale, Ripple, Solana, Terra, Avalanche, Dogecoin, and ...
|Indian Parliament Member Clarifies Legal Status of Cryptocurrency
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India's finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency in India.
Legal Status of Crypto in India
Following the finance minister's announcement to tax cryptocurrency income, the question of whether crypto is now legal or legitimate in India has come up repeatedly.
Union Minister of State for Finance Bhagwat Karad, a member of Rajya Sabha, India's upper house of parliament, reportedly explained Saturday that cryptocurrency is not legal in India.
He told reporters that both the government and the central bank, the Reserve Bank of India (RBI), have not given any recognition to cryptocurrencies, therefore they are not legal in India right now.
However, he is not saying that the legal status of crypto will remain this way, emphasizing that what happens in the future regarding its legal status cannot be said at this time.
Minister Karad's statement echoes one made by the Indian finance minister, Nirmala Sitharaman, last week. She said the government is not going to legalize or ban cryptocurrency at this stage, stressing that the decision of whether to ban crypto will come after she receives input from various consultations.
Crypto Currently Neither Legal nor Illegal in India
While Minister Karad said cryptocurrencies are not legal in India, the Indian government has noted repeatedly that they are also not illegal.
|Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitc...
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador's long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. 'The adoption of bitcoin as legal tender has added uncertainty about the potential for an IMF program that would unlock financing for 2022-2023,' Fitch detailed.
El Salvador Downgraded to Junk
Fitch Ratings downgraded El Salvador's Long Term Foreign Currency Issuer Default Rating (IDR) from 'B-' to 'CCC' Wednesday. The American credit rating agency is one of the Big Three credit rating agencies. The other two are Moody's and Standard & Poor's (S&P).
For Fitch, bonds rated AAA, AA, A, or BBB are considered investment grade, while those rated BB, B, CCC, CC, C, or D are considered speculative, or junk grade, bonds. The company explained that CCC ratings mean 'Substantial credit risk' with 'Very low margin for safety,' and that 'Default is a real possibility.'
The rating agency explained:
In Fitch's view, weakening of institutions and concentration of power in the presidency have increased policy unpredictability, and the adoption of bitcoin as legal tender has added uncertainty about the potential for an IMF program that would unlock financing for 2022-2023.
The rating agency also said that 'heightened financing risks stemming from increased reliance on short-term debt' ahead of an $800 million global bond payment due next January influenced its decision to cut El Salvado...
|Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 ...
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm's latest fundraise follows the company's Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money valuation of $1 billion.
Dune Analytics Secures $69.4 Million in Series B Financing Round, Plans to Offer Financial Compensation to Contributors
On Wednesday, the decentralized finance (defi), non-fungible token (NFT), and Web3 analytics platform Dune Analytics revealed the company has raised $69.4 million in a Series B led by Coatue. Dune Analytics further detailed that Multicoin Capital and Dragonfly Capital participated in the Series B fundraise as well. Dune Analytics is a community-based analytics platform that allows users to access Web3 data and filter it into convenient charts, graphs, and comparative metrics.
Dune Analytics says the new funds will help bolster infrastructure but also help hone a concept that offers financial incentives. 'Dune will leverage the funds to create an infrastructure that distributes financial rewards for user-generated content, attracting and incentivizing engagement from up to one million new web3 analysts, known as Dune Wizards, within the community,' the company's announcement notes. The analytics firm's announcement adds:
Dune Wizards will not only be able to create customized visualizations that communicate real...
|30,000 Bitcoin Holders Lose Millionaire Status Following Market Crash
Thousands of new bitcoin millionaires were added this past year after the multiple rallies the digital asset saw. At its peak, it only required 14.5 bitcoins for a holder to be a BTC millionaire, much lower than it had ever been in the past. Due to this, the number of bitcoin millionaires rose quickly and tens of thousands of new millionaires were added to the tally.
Now, however, with the recent price crash, a lot of bitcoin millionaires have lost their millionaire status. Given that the digital asset has lost almost 50% of its all-time high value, the number of millionaires has dwindled greatly in a short period of time.
There Are 30,000 Less Bitcoin Millionaires
When bitcoin hit its $69,000 all-time high, the number of bitcoin millionaires shot up quickly. For the first time, there were over 108,000 BTC millionaires given the low number of coins required to reach the millionaire status. All was well for a while and these 108,886 addresses kept their millionaire status. That is until the market crash that began in December 2021 and carried well into January of the new year.
BTC trending at $37,000 | Source: BTCUSD on TradingView.com
In the next two months, the price of BTC would suffer greatly and by extension, these bitcoin millionaires would be hit hard. This was exactly the case as about 30,000 BTC were no longer millionaires in the span of two months. At last count, the number of BTC addresses that held at least a million dollars worth of bitcoin had crumbled to 80,409...