Ethereum's monthly transactional count has reached a record high.
Meanwhile, transactional fees have reached a record low.
More activity and low fees.
This is why institutions continue to build on $ETH.
💡 This week on #CoinmunityWednesdays with Coach Miranda Miner, your Pambansang Crypto Coach! Join us for a session on Coaching Filipinos Towards Financial Success and compete in the Rapid-Fire Crypto Trivia 🔥 with ₱5K in prizes at stake!
Livestream this Wednesday at 7PM on https://t.co/nwbIOfGZon X, FB, and Discord. Tune in and win!🏅 https://t.co/MXqQd6ZuO7
#coachmirandaminer #MirandaMiner #cryptocommunity @MiningMiranda
JUST IN - 🇲🇽 Mexican billionaire Ricardo Salinas on #Bitcoin hitting $50k: "You have to know how to be patient, not get scared when it goes down and buy" it. 👏
What a milestone 👏 Seagull Flock!
Within the past 24 hours we peaked through to the top #31 tokens on the #XRPL super bullish especially anticipating Xumm enabled SeagullCash payments 😉!
Quick Summary of their response in case you are tired to read 177 pages doc. Based on how I understood the document.
Full doc here https://t.co/xN3zmGibDS
1. Coinbase has filed a motion to dismiss the SEC's case against it for violating securities laws and operating as an unregistered entity.
2. Coinbase argues that the SEC does not have statutory authority over the exchange and its position regarding its powers is "untenable as a matter of law."
3. Coinbase claims that the tokens mentioned in the SEC's complaint are not "investment contracts" and cannot be considered securities because they lack contractual undertakings and enforceable obligations to investors.
4. The exchange argues that even if the SEC has jurisdiction, it should have introduced a formal change to its interpretation of "investment contract."
5. Coinbase cites the Equitable estoppel defense doctrine, claiming that the SEC's previous actions and statements contradict its latest lawsuit against Coinbase.
6. Coinbase argues that the SEC was aware of its listing processes for tokens and raised no objections before bringing the lawsuit.
7. Coinbase contends that the SEC's "about-face" in its stance toward cryptocurrency regulation should bar it from seeking legal remedies.
8. Coinbase maintains that no statute enacted since April 2021 grants the SEC powers to regulate digital asset exchanges retroactively.
9. Coinbase accuses the SEC of engaging in punitive enforcement actions instead of notice-and-comment rulemaking, despite Coinbase's efforts to push for rulemaking.
ℹ️ Project XD-2 (Brief Update)
Since February 2023 we have been researching the #XLS38d proposal. It’s one of the reasons we run 5 #XRPL nodes in the UK. We are planning and preparing to build a #XDX Sidechain with #XRPL/#EVM compatibility.
XDX Trustline ⬇️
https://t.co/qFThjkJBQ3
This would mean XDX would function as transactional fuel and upgrade from a token to a main net currency.
The XRPL main chain and XDX sidechain would be independent blockchains. We would be able to utilise the smart contract hooking implementation on the XRPL and later provide opportunity for EVM smart contract functionality on the XDX Sidechain.
This is not a comparison to compete with one chain to be better than another but assist, expand and interoperate existing cryptocurrency onto a interconnecting network.
There will be a lot more information to follow on this. Hope you all had a great weekend ☕️
https://t.co/dLmwMe1KP0
Less than 21 days away from the 2nd Edition release confirmed with @onXRPdotcom. Regardless of market conditions.
With ( Gold, Silver, Static, Normal ) rarities
All throttles are go 🚀!! See you up in space!
Working on a few more Seagulls and the #Metadata expect to be blown away 😉!