DeFi News Daily Official TheBitTimes.com

As interest in meme coins soars, Catslap (SLAP) has emerged as a standout project, surging an impressive 1,500% since its launch. This token, introduced on the Ethereum network, boasts a market cap of approximately $9 million and locked liquidity of $1.7 million. The project aims to bridge the market gap between $30 million and $100 million cat-themed tokens. With stabilized growth of approximately 100%, Catslap strikes a balance between accessibility and stability, reducing extreme volatility while offering significant upside potential. $SLAP Price Soars Amid Growing Meme Coin Hype and Viral Gameplay Meme coin interest is at an all-time high, with Google Trends data showing a surge in search volume, predicted to double in the next week. $SLAP is gaining momentum, recently trending as the fourth-most popular token on DEXTools.io. Currently, $SLAP is priced at $0.002014, with a 24-hour trading volume of $7.21 million. Its marketing strategy is impressive, with a surge in followers a...

Ripple has been in a legal battle with the United States Securities and Exchange Commission (SEC) for years, accused of selling unregistered securities in the form of XRP tokens. Despite the court declaring that the tokens are not securities, the case is ongoing with a potential appeal. In an unexpected turn, Ripple has shared its possible status as a federal contractor or subcontractor. This revelation surfaced in a job opening, where the company required applicants to fill out a Voluntary Self-Identification of Disability form as mandated by law. In this context, a federal contractor/subcontractor is an entity entering a contractual agreement with any US government department or agency. Ripple job application requirements. Source: Ripple Interestingly, the ongoing Ripple case provides insight into the government’s perspective on cryptocurrencies through the SEC. The disclosure of Ripple’s federal contractor or subcontractor status adds a surprising element to the si...

Galaxy Digital’s CEO, Mike Novogratz, emphasizes the transformative potential of a spot bitcoin ETF in rejuvenating institutional interest. Despite the hurdles faced by the crypto industry in 2022, mainly underscored by the collapse of FTX, Galaxy Digital remains optimistic about the future of Bitcoin and the broader crypto space. CEO Mike Novogratz highlighted during the company’s recent Q2 earnings call that a spot Bitcoin ETF might become the beacon of hope that revives institutional interest in the sector. Lately, there has been widespread speculation about the government’s position on Bitcoin(BTC). Yet, the possible green light for a Bitcoin ETF might be perceived as an implicit nod of approval, bolstering confidence and involvement in the industry. Such a fund would streamline the process for various institutional players, from pension funds to asset managers, to invest in this volatile yet promising domain. Galaxy Digital CEO Mike Novogratz calls Coinbas...