Latest news with #Ethereum-based
Arabian Post
3 days ago
- Business
- Arabian Post
SEC's Stance on Staking Signals Regulatory Shift
The U.S. Securities and Exchange Commission has clarified that certain staking activities on proof-of-stake blockchains do not constitute securities transactions under federal law. This development marks a significant shift in the regulatory landscape for the cryptocurrency industry. The SEC's Division of Corporation Finance issued a statement indicating that self-staking, self-custodial staking with third parties, and custodial staking services are not subject to securities regulations, provided that the staking activities are conducted in accordance with the underlying blockchain protocols. The guidance emphasizes that staking rewards are considered compensation for services rendered in maintaining the network, rather than profits derived from the efforts of others. This clarification comes after the SEC's previous enforcement actions against staking-as-a-service providers, which had created uncertainty within the industry. The new guidance provides a clearer framework for participants engaging in staking activities, potentially encouraging broader adoption and innovation in the sector. ADVERTISEMENT However, the SEC's statement does not extend to all forms of staking. Activities such as liquid staking and restaking, where providers have control over staking decisions, may still fall under securities laws. The Commission advises that each staking program should be evaluated on a case-by-case basis to determine its regulatory status. The SEC's updated position has been met with mixed reactions. While many in the crypto industry view it as a positive step towards regulatory clarity, some SEC commissioners have expressed concerns. Commissioner Caroline Crenshaw criticized the guidance, arguing that it conflicts with existing legal precedents and may undermine investor protections. The clarification also has implications for the development of cryptocurrency exchange-traded funds . Asset managers seeking to include staking rewards in Ethereum-based ETFs may find the path forward less obstructed, potentially leading to new investment products that offer staking benefits to investors. Despite the regulatory clarity, market reactions have been subdued. Ethereum's price experienced a slight decline, reflecting cautious investor sentiment. Nonetheless, the SEC's stance is expected to have long-term positive effects on the growth and maturation of the cryptocurrency industry. Stock market information for Ethereum * Ethereum is a crypto in the CRYPTO market. * The price is 2611.78 USD currently with a change of -118.73 USD from the previous close. * The intraday high is 2730.79 USD and the intraday low is 2591.12 USD.
Business Mayor
20-05-2025
- Business
- Business Mayor
What Is MIND of Pepe – Crypto ICO Fundamental Analysis
MIND of Pepe is an autonomous, self-sovereign AI agent engineered to give crypto investors a competitive edge through real-time, hive-mind market intelligence. Its native token, $MIND, is an Ethereum-based AI crypto that unlocks exclusive access to MIND of Pepe's cutting-edge market analysis and decision-making engine. As investor appetite for AI agent coins intensifies — amid projections that the sector could reach a $250 billion market cap by the end of 2025 — $MIND is seeing strong early demand, raising over $9.6 million during its ongoing Initial Coin Offering, with notable whale participation. The MIND presale is set to end on May 31st, which has resulted in significant hype and FOMO for its upcoming token launch. Investors are viewing it as their opportunity to invest early in a high-upside, small-cap AI coin before the upcoming bull market. The crypto market serves as a microcosm of the broader financial world — a signal that the AI agent sector could emerge as one of the fastest-growing in the years ahead. For instance, a survey of 308 business executives by the top accounting firm PricewaterhouseCoopers in April 2025 revealed that 73% believe AI agents will provide a significant competitive advantage within the next 12 months. Similarly, MarketsAndMarkets finds that the AI agents market is projected to grow from $7.84 billion in 2025 to $52.62 billion by 2030, at a CAGR of 46.3%. Experts are anticipating AI agent cryptos to be a key part of the wider boom. CoinGecko's KOL Trust Survey in April 2025 highlighted that a larger share of crypto investors now trust AI KOLs more than their human counterparts. Similarly, another CoinGecko survey found that 87% of investors are open to letting AI agents manage 10% of their portfolio, while 14.5% were comfortable entrusting their entire crypto holdings to them. This explains the breakout success of projects like ai16z, Virtuals Protocol, and AIXBT on Solana. However, while the AI agent sector on Solana is quickly maturing, it remains a nascent and underexplored opportunity on Ethereum. With the ETH price finally showing significant bullish strength and Ethereum meme coins pushing towards new highs, ETH-based AI agents like MIND of Pepe could see substantial growth in the upcoming bull market. MIND of Pepe is quickly emerging as a key player in the AI agent race, designed to deliver a competitive edge to MIND holders. At its core is an autonomous AI agent, built to reduce information inequality in the crypto space. It has a straightforward unique selling point: to help investors—regardless of capital size—keep up with a market increasingly dominated by speed, sentiment, and insider access. The AI agent utilizes Retrieval-Augmented Generation (RAG) to process and synthesize vast amounts of data from various sources, including social media platforms like X (formerly Twitter), Reddit, and on-chain transactions. This approach allows it to identify emerging trends, sentiment shifts, and potential market anomalies in real-time. The persistent data layer ensures that the AI retains historical context, enabling more informed analyses and predictions. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the crypto landscape. The @MIND_agent is now live. Here are its components: ◉Persona-trained LLM for crypto-native communication ◎Semantic vector matching for context-aware… — MIND of Pepe (@MINDofPepe) May 10, 2025 One of the standout features of MIND of Pepe is its autonomous operational capability. Beyond data analysis, the AI can execute actions such as launching new meme coins and managing social media accounts. This level of autonomy allows it to respond swiftly to market developments, creating and promoting tokens that align with current trends without human intervention. By providing these advanced tools and insights to all token holders, MIND of Pepe aims to level the playing field in the crypto market. It offers a new model: one where strategy is no longer gated behind paywalls or personal networks, but delivered through an adaptive, self-evolving AI. Retail investors gain access to resources that were once exclusive to institutional players, enabling more informed decision-making and participation in early-stage opportunities. Large players typically pay for expensive data feeds, private Discord groups, and early access to projects. MIND of Pepe counters this by giving all token holders access to a system that learns, reacts, and communicates at scale. Notably, only MIND holders will have access to its cutting-edge features, which explains the token's strong demand. Check out the MIND of Pepe whitepaper. MIND of Pepe's developer has taken important measures to ensure the safety of client funds, which has instilled confidence in the minds of investors. To ensure the project's smart contracts are safe, the team has undergone audits by two independent firms—Coinsult and SolidProof. Both reports are publicly available and reflect strong contract hygiene with no major issues flagged. Coinsult Audit: No critical, high, medium, or low vulnerabilities were found—only two informational observations. The codebase passed all key checks, including for minting controls, transfer limits, and owner privileges — new tokens cannot be minted, owners cannot blacklist addresses or set high sell fees. There is also no honeypot feature, which is a common security risk associated with new crypto assets. SolidProof Audit: Only one minor informational note was raised, with all other parameters receiving a green light. The audit confirmed compliance with ERC-20 standards and the absence of backdoor functions, which significantly reduces the odds of any rugpull or pump-and-dump scam. MIND of Pepe has taken a community-first approach to tokenomics, setting itself apart from many newer crypto assets. Unlike Donald Trump's Official Trump meme coin, which allocates 80% of its supply to the creator team, MIND of Pepe has made no separate allocation for its developers. This decision reflects a deliberate shift toward decentralization, allowing the broader community to retain full control over the token's future. Instead, 30% of the token supply is reserved for the AI agent and terminal development. Interestingly, 25% of MIND tokens will be held by the agent itself, which it can use to launch new meme coins. Finally, 15% of the supply will be utilized for community and presale staking rewards, 20% for the marketing strategy and efforts and 10% for exchange listings. In particular, retail investors remain highly interested in staking rewards, which explains MIND's strong demand. Early presale buyers are currently receiving a reward rate of 237%, significantly higher than the average industry rate. With its strong fundamentals, MIND of Pepe has further established itself as one of the best cryptos to buy now. Owing to the short supply of Ethereum-based AI agent coins and its unique value proposition, MIND of Pepe is seeing strong early demand. It has already raised over $9.6 million in its presale in short order, largely due to the strong whale demand. MIND has already seen a flurry of six-figure investments, including one last month when a whale swapped 70 ETH for the new AI coin. MIND of Pepe is an excellent opportunity for sidelined investors to buy a high-upside, low-cap AI agent. With its presale ending on May 31st, it is seeing considerable FOMO and pre-launch hype, which is an excellent indication of its post-IEO prospects. The AI agent sector currently has a market capitalization of just $5.7 billion, which experts believe to be highly undervalued. In fact, an overview by CoinMarketCap Academy notes that the sector could reach a $250 billion valuation by the end of the year. Considering the shortage of Ethereum-based AI agent coins, MIND of Pepe could see significant demand, especially during the upcoming bull market. Notably, the Ethereum ecosystem has started to showcase significant bullish strength, with ETH poised for a rally to new all-time highs. This provides the ideal backdrop for the upcoming MIND token launch. Smart money investors and crypto influencers are bullish on MIND of Pepe's prospects, with some even calling it the next 100x AI crypto. Even conservative MIND of Pepe price predictions are indicating the possibility of attractive 5x to 6x returns. Interested buyers now have less than 12 days to buy MIND at its final stage presale price of $0.0037515. Following its upcoming token launch, its price could see a considerable upswing. Users can visit the MIND of Pepe presale, use the over-the-counter widget to connect their crypto wallet, and buy MIND either through a bank card or by swapping crypto like ETH, BNB or USDT. Alternatively, they can download the Best Wallet app and use its Upcoming Tokens feature to invest in it. This method comes with significant advantages, including regular price updates, all relevant information regarding the upcoming launch and a step-by-step guide on how to claim MIND tokens post-IEO. Investors should also follow MIND of Pepe's X and Telegram accounts for the latest updates. Visit MIND of Pepe Presale
Arabian Post
20-05-2025
- Business
- Arabian Post
Ethereum Eyes $4,000 as $2,400 Support Holds Firm
Ethereum's price steadied near $2,400 after a notable pullback, positioning itself for a potential upward move toward the $4,000 mark. The digital asset's resilience at this support level has drawn increased attention from traders and analysts who are monitoring the market for signs of renewed momentum. Following a period of heightened volatility, Ethereum has maintained a base close to $2,400, a level viewed by many as a critical buying zone. This price point has historically provided stability amid fluctuating market sentiment, suggesting that investors see value at this threshold. Trading volumes have also seen a surge, indicating a resurgence of interest as participants weigh the likelihood of a recovery rally. Analysts note that the current consolidation phase may serve as a launchpad for a rebound that could push Ethereum toward its previous highs around $4,000. The cryptocurrency has faced downward pressure stemming from broader macroeconomic factors such as tightening monetary policies, global inflation concerns, and regulatory uncertainties. Despite these headwinds, Ethereum's underlying technological developments and ecosystem growth continue to bolster confidence among market watchers. Recent upgrades to the Ethereum network, particularly those enhancing scalability and reducing transaction fees, have strengthened the asset's appeal. The transition to a proof-of-stake consensus mechanism, completed with the Merge, has also significantly reduced Ethereum's energy consumption, aligning it with global sustainability goals. These technological milestones are seen as critical factors supporting long-term value, especially as decentralised finance platforms and non-fungible tokens continue to rely heavily on Ethereum's infrastructure. Market sentiment is further influenced by institutional adoption and increasing integration of Ethereum-based applications across various sectors. Financial firms and multinational corporations are exploring blockchain solutions that utilise Ethereum's smart contract capabilities, highlighting the token's growing utility beyond speculative trading. This expanding use case has created a more diversified demand base that could underpin price stability. See also Flipster Secures Naming Rights in Talon Esports' Dota 2 Rebrand On the technical front, Ethereum's price charts show a clear pattern of support forming around the $2,400 mark, which has acted as a floor against deeper declines. Momentum indicators such as the Relative Strength Index have hovered near neutral levels, indicating neither overbought nor oversold conditions. This suggests room for upward movement if buying pressure intensifies. Traders are also closely watching the broader crypto market, where Bitcoin's performance often sets the tone. Bitcoin's stabilisation above key support levels has contributed to a more optimistic environment for altcoins like Ethereum. Correlations between Bitcoin and Ethereum prices remain significant, meaning that a bullish trend in Bitcoin could catalyse Ethereum's push toward $4,000. Regulatory developments continue to shape investor behaviour. Authorities in major economies are increasingly engaging with digital asset regulation, aiming to establish frameworks that encourage innovation while protecting investors. The clarity brought by such regulations, though sometimes viewed as restrictive, can reduce uncertainty and foster institutional investment. Ethereum's developer community remains active, with ongoing initiatives focused on network improvements and new protocol enhancements. These efforts aim to address scalability challenges and reduce costs further, which are essential for supporting growing user adoption. The vitality of this ecosystem contributes to Ethereum's positioning as the leading platform for decentralised applications. Investor interest is also driven by the emergence of layer-two solutions, which operate atop the Ethereum blockchain to increase transaction throughput and lower fees. These technologies are critical for managing network congestion and enhancing user experience, making Ethereum more competitive with alternative blockchains. Arabian Post – Crypto News Network
Business Mayor
17-05-2025
- Business
- Business Mayor
$1R0R Fully Recovers Following Drain: Over 600% Profit For Dip Buyers
Advertisment The $1R0R token has gained over 600% since a smart contract drain temporarily saw it drop by over 80%. The astonishing turnaround for the token has been partly driven by the R0AR team's quick reaction to the smart contract drain with a token buyback program. At its lowest following the drain, the Ethereum-based utility token's market capitalization was under $35 million, but now, less than two weeks later, it has moved well above $200 million. A slew of further positive announcements, including the upcoming launch of the R0AR Platform for staking and liquidity provision, has only added to the bullish sentiment. The token has now recovered all losses since the drain, but there is little to suggest that the rally is over. The R0AR DeFi ecosystem has since expanded, and new holders have added the token to their wallets. Both the technical and fundamental indicators suggest that this rally could well just be getting started. The $1R0R token saw a sudden dive of over 80% on April 16th. Holders were shocked. The token had been trading steadily for weeks with no sign of any bearish activity. The team responded immediately before the vacuum could fill with rumors, as is often the case in crypto. They held a live AMA just hours after the price crash and revealed that an external developer had engineered a backdoor in one of the staking smart contracts, allowing them to drain the liquidity pool. An estimated 490 ETH worth of tokens were moved to several wallets and then shifted across crypto mixers within minutes. Often in this sector, when projects undergo such a bearish event, they are as good as dead. However, the R0AR team has a long-term plan, and luckily, the ETH drained from the contract was a drop in the ocean for a project that raised over $5 million during presale. The team explained that they would be closely tracking the nefarious developer's wallets and, at the same time, launching a token buyback scheme, which would see tokens repurchased from the open market to stabilize the price action. The response came quickly and with capital to back up promises, which made way for quick price recovery. As the chart shows, the $1R0R market capitalization plummeted from around $220 million to under $40 million due to the drain. As millions of dollars worth of tokens were dumped on the open market, an enormous red candle crushed the price action and created panic amongst holders. The bottom was reached just under $40 million, which was around the time that the team started to release information about the event and their plan for the recovery. Shortly after the AMA on April 17th, the price action started to turn positive as the market absorbed the buyback plan. The buying pressure quickly pushed the token's price higher, and within 24 hours, it had increased by 100%. This meant that the capitalization was once again above $80 million and moving towards $100 million. In the days that followed, a steady stream of buybacks and new wallet holders allowed the price appreciation to continue. One week after the drain, the market capitalization reached $100 million and then $150 million. Read More Asian Bitcoiners Are Profit Maximalists As of writing on April 30th, the market capitalization has reached over $220 million, giving those who bought the dip over 600% in gains. At this point, the price of $1R0R has recovered to its pre-drain valuation of $0.02. So, what now? The buyback program has been a success. The chart has recovered, and anyone who added $1R0R to their wallet post-drain is holding up to 600% in gains. The chart and the narrative around the broader R0AR ecosystem suggest that more positive price action could be on the way. The technical analysis shows that most indicators have moved into the buy zone. The moving averages are nicely lined up, and the RSI is also positive. In addition, the absence of sellers suggests that most whales are positioning for the long term. Looking beyond the chart, the R0AR team has been delivering on promises that could well add to the bullish momentum. The upcoming launch of the R0AR Platform will see staking and liquidity provision go live. This will allow $1R0R token holders to earn generous APYs on their tokens, especially if they boost returns by holding Executive R0AR Society (ERS) NFTs. Join The R0AR DeFi Revolution R0AR Homepage: Telegram: X:
Yahoo
14-05-2025
- Business
- Yahoo
Synthetix Considers Purchase of Options Platform Derive in $27M Token-Swap Deal
Ethereum-based derivatives powerhouse Synthetix is considering buying options trading platform Derive in an token-for-token deal valued at $27 million that would see the project absorbed back into the protocol that gave it birth. The proposal, SIP-415 on Synthetix and DIP on Derive, needs to be approved by both communities and would see Derive's treasury, codebase and operational stack incorporated into Synthetix. The deal marks a rare instance of a token swap-based acquisition in decentralized finance (DeFi), and is being pitched as part of Synthetix's growing ecosystem. Derive (DRV) token holders would receive 27 newly issued SNX tokens for each DRV they own. The tokens are subject to a three-month lockup and nine-month linear vesting schedule. Synthetix would mint up to 29.3 million SNX, amounting to roughly 8.6% inflation of its current token supply. Derive, originally Lyra, went live in 2021 and was spun out from Synthetix. It has previously moved away from the protocol, ending support for Synthetix's sUSD stablecoin, switching to GMX for liquidity, and launching its own perpetual futures product. Early responses from the Derive community showed dissatisfaction with the idea. 'I don´t see any benefit for Derive on it,' one commenter said. 'In the other hand (sic), it all looks great and advantageous for Synthetix.' Another user took aim at the proposed valuations. 'That exchange rate is a poor reflection of the value of derive as a platform,' commenter 'Ramjo' said. 'And then have the nerve to put a long vesting period on it AS WELL.' DRV prices are down 20% in the past 24 hours, data on CoinGecko shows, while SNX is up 7%.
