Track market-moving stories before they get noisy

PANews reported on September 21st that according to on-chain analyst Yu Jin, a whale who staked 13.3 million APX tokens two years ago sold 9.07 million APX tokens over the past four days for $2.27 million, at an average price of $0.25. When the whale staked two years ago, the APX price was just $0.033, and the APX tokens were worth only $440,000. Over the past two years, their staking returns have exceeded their initial investment of $440,000. However, at an average price of $0.25, at the current price of $1.60, they sold before the initial takeoff, missing out on $12.7 million in profits. Currently, 5.35 million APX tokens remain unsold, valued at $8.82 million.

PANews reported on September 21st that according to on-chain analyst Yu Jin Jia Memory, an address withdrew 2.78 million APX from Gate to an on-chain address nine months ago. At the time, the APX was worth only $360,000, with an average price of $0.13. Twenty minutes ago, the APX was exchanged 1:1 for 2.78 million ASTER tokens, which are now worth $5.2 million.

‘Diamond hand’ APX holder turns $226K into $7M amid ASTER swap rally

An address converts half of its APX to ASTER and deploys an APX/ASTER liquidity pool on PancakeSwap

PANews reported on September 22nd that according to Yu Jin, an address purchased 2.87 million APX tokens for 184,000 USDC at the end of November last year , at a price of approximately $0.064 per token . Three hours ago, the address converted half of the APX tokens into ASTER and established an APX/ASTER liquidity pool on PancakeSwap. The APX/ASTER assets are currently valued at $4.13 million, a 22- fold increase in value.

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US Three Major Indexes Mixed, HOOD Down Over 6.11%

PANews Newsflash3 hours ago

In crypto, fortunes are made not by following the crowd, but by moving before the world catches on. This truth was reinforced again when an APX investor who put in about $226,000 back in 2022 saw their holdings surge to more than $7 million during the recent ASTER swap rally.

The story shows how powerful early-stage investments can be. It also sparks a big question: where will the next wave of wealth come from? The APX success proves that timing matters. Vision matters. And today, many investors are looking toward presales like MAGAX.

Source: Lookonchain

How APX Delivered a Multi-Million Dollar Payoff Table of Contents

How APX Delivered a Multi-Million Dollar PayoffThe Lesson: Early Entry Creates the Biggest MultipliersMoonshot MAGAX and the Rise of Meme-to-Earn CultureDeFi Innovation Sets MAGAX Apart From Traditional Meme TokensWhy Joining the MAGAX Community Is a Strategic MoveLearning From APX Without Competing Against ItJoining the Meme Presale is the Next Big Move, Just like APX APX Finance began as a decentralized exchange offering leveraged trading and derivatives on chains like BNB and Arbitrum. The platform rewarded early supporters, but its real turning point came with the launch of the ASTER swap in 2025.

During this upgrade, APX holders were allowed to swap tokens for ASTER, the new native token. A tiered system rewarded those who moved quickly, and the excitement pushed APX’s price up by 120% in just 24 hours, briefly hitting $1.98.

One early wallet, which had invested in 2022 when APX was near rock bottom, suddenly saw its holdings balloon to $7 million. For those who had the conviction to buy early, the payoff was extraordinary.

The Lesson: Early Entry Creates the Biggest Multipliers APX’s story is not unique. Time and again, crypto rewards those who enter before the rush. Ethereum traded for under $1 in presale. Solana was nearly free before its DeFi boom. Shiba Inu turned meme culture into billions of dollars.

What unites these examples is simple: by the time tokens hit major exchanges, much of the upside is gone. The biggest fortunes are made when investors see the vision early and position themselves before mainstream adoption.

Moonshot MAGAX and the Rise of Meme-to-Earn Culture This is where MAGAX enters the conversation. While APX succeeded by innovating in decentralized trading, MAGAX is redefining what meme tokens can achieve. Instead of being driven only by hype, MAGAX introduces a Meme-to-Earn model, where users are rewarded for creating and sharing memes that fuel the community’s growth.

With tokens priced at just $0.000293 in Stage 2, MAGAX sits in the same position APX once did—an ambitious project that the wider market hasn’t fully noticed yet. But unlike many meme coins, it has structural features that strengthen long-term value.

DeFi Innovation Sets MAGAX Apart From Traditional Meme Tokens APX proved its strength in DeFi by building one of the busiest decentralized derivatives platforms, showing that real liquidity thrives beyond centralized exchanges. MAGAX follows a similar path but through culture.

It blends meme virality with DeFi incentives, turning engagement into real yield. This makes it more than a meme coin—it’s a cultural token rooted in DeFi, powered by both community and blockchain.

Why Joining the MAGAX Community Is a Strategic Move Communities make or break crypto projects. APX benefited from strong early believers who trusted the project during its quiet years. MAGAX is already building that same loyalty at a much earlier stage.

With over 80,000 participants in its presale, MAGAX isn’t just growing in numbers—it’s creating a collaborative environment where creativity pays. Members can earn through meme creation, sharing, and promoting content, making the community itself an engine of value.

For investors, joining MAGAX means plugging into a cycle where growth is self-sustaining. Every new meme isn’t just entertainment—it’s marketing, culture, and adoption rolled into one.

Learning From APX Without Competing Against It The rise of APX proved how DeFi can turn early conviction into massive wealth. It didn’t compete with bigger players—it created its own lane in leveraged trading.

MAGAX is taking a similar path but through culture. It introduces Meme-to-Earn within a DeFi framework, rewarding creativity while strengthening utility. This isn’t just hype; it’s a new model of decentralized growth. APX showed that innovation and timing equal results. MAGAX is ready to write the next chapter with its own unique approach.

Joining the Meme Presale is the Next Big Move, Just like APX The APX story proved that early conviction pays off. A modest DeFi project turned into a $7M windfall for those who acted before the crowd.

MAGAX is now offering a similar moment—only bigger. By blending DeFi principles with meme culture, it creates both financial rewards and social incentives for participation. It isn’t just a presale; it’s the start of a self-sustaining Meme-to-Earn ecosystem powered by its community.

For investors, the choice is clear. XRP’s ETF shows crypto has gone mainstream, but the real multipliers are still in presales. MAGAX Stage 2 is live at $0.000293, and with momentum building fast, the window for entry is closing. The APX millionaire proved what’s possible—the next breakout could belong to those who join MAGAX today.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

APX Whale Converts Token to ASTER, Profits 16.6 Times on Binance

Aster is a decentralized exchange that offers both spot and perpetual trading across several blockchains. It blends features from centralized exchanges, such as hidden orders and high leverage, with the self-custody model found in DeFi. The ASTER token is the governance and incentive asset for the platform.

The exchange grew out of a merger in late 2024 between APX Finance and the Astherus project. The rebrand brought a new structure, a new supply system, and a tokenomics plan built around gradual distribution and direct community involvement.

Aster supports trading on BNB Chain, Ethereum, Solana, and Arbitrum. Users do not need to bridge assets because all supported chains are integrated directly into the platform. The system also accepts yield-generating collateral, such as asBNB and USDF, to improve capital efficiency.

ASTER Tokenomics OverviewAster uses a fixed total supply of 8,000,000,000 ASTER. The supply is divided across five categories:

AirdropEcosystem and CommunityTreasuryTeamLiquidity and ListingEach category has its own vesting schedule, purpose, and effect on circulating supply. The model prioritizes the community, long-term incentives, and a clear unlock structure overseen by governance.

ASTER tokenomics (Image: Aster Docs)Airdrop Allocation: 53.5%The largest share of the supply goes to the community through the airdrop category. This equals 4,280,000,000 ASTER, or 53.5% of total supply.

How the Airdrop WorksThe airdrop rewards:

Users who earned Rh or Au points in Aster Spectra Stage 0 and 1Community members who received Aster Gems through partner and ecosystem campaignsA total of 704,000,000 ASTER (8.8% of total supply) unlocks immediately at the token-generation event (TGE). This is the only portion from this category that becomes liquid on day one.

Unclaimed rewards return to the Airdrop and Community pool. All other tokens in this category unlock gradually over 80 months, which equals roughly seven years. The pace can be adjusted by protocol governance if needed.

The long vesting period keeps early participants engaged while preventing large swings in circulating supply.

The second-largest allocation is the 2,400,000,000 ASTER set aside for ecosystem and community development.

This pool covers:

APX to ASTER token upgradesLiquidity bootstrappingEcosystem partnershipsGrants for buildersMarketing needsAPX holders will exchange their tokens for ASTER during a specific period. The conversion ratio falls over time, which encourages early swaps.

Tokens from this category (excluding the APX upgrade portion) unlock over 20 months using linear distribution. This prevents sudden supply shocks while giving the protocol resources for expansion.

Treasury: 7%The treasury receives 560,000,000 ASTER, or 7% of supply. These funds remain locked after TGE and will only be used through governance-approved decisions.

The treasury covers:

Strategic initiativesOperational reservesLong-term governance actionsSince the tokens do not enter circulation until governance decides, the treasury acts as a buffer for future needs rather than a near-term supply source.

Team Allocation: 5%Core contributors and advisors receive 400,000,000 ASTER, or 5% of supply.

The vesting schedule is built around long-term alignment:

A full 12-month cliff (0% unlocked in year one)Followed by 40 months of linear vestingThis prevents early sell pressure and keeps incentives tied to ongoing development.

Liquidity & Listing: 4.5%A total of 360,000,000 ASTER (4.5%) is set aside for liquidity and exchange listings.

This allocation is fully unlocked at TGE, allowing the exchange to provide initial liquidity across supported platforms. Early liquidity helps stabilize trading and ensures that ASTER is usable as soon as the platform goes live.

Overall Tokenomics HighlightsAster’s distribution model is shaped by four core principles:

More than half the supply (53.5%) goes directly to the community.APX holders can upgrade their tokens to ASTER using a time-decaying exchange ratio.Unclaimed tokens remain in the community pool and are redistributed in the future.Long vesting periods spread out unlocks and prevent sudden increases in supply.The structure aims to support stable growth, governance participation, and continued ecosystem activity.

APX to ASTER Upgrade ExplainedThe move from APX to ASTER is one of the most important parts of the tokenomics plan. The upgrade page opened on September 17, 2025, and APX holders can swap tokens immediately.

The upgrade will follow five cycles, each with its own exchange ratio. The ratio decreases over time, so early participation offers a higher amount of ASTER per APX.

APX DAO stakers can unlock their veNFT without penalty on September 16, then exchange the retrieved APX at the same ratio as spot holders.

APX Token Upgrade Ratio (Image: Aster Docs)How to Upgrade APX to ASTERThe process is as follows:

Visit the APX Token Upgrade page.Connect your wallet.Deposit your APX into your Aster spot account.Choose the amount to upgrade.Receive ASTER instantly in your spot account.Users can then trade ASTER on the spot market or withdraw it to an external wallet once withdrawals open.

For APX DAO StakersUnlock the veNFT on September 16 using the penalty-free option.Retrieve the APX tokens.Move to the upgrade page and complete the swap like any other holder.All rewards should be claimed before unlocking the veNFT.

Protocol Revenue Buyback InitiativeTo support token stability and governance, part of Aster's protocol revenue will be used for ASTER buybacks. The buybacks serve two direct functions:

Aster Foundation: stabilization of long-term token flowsGovernance incentives: rewarding users who participate in decentralized votingThis connects protocol usage with token demand and governance activity.

Tokenomics Clarification After CMC ConfusionAster recently faced community questions after an update on CoinMarketCap (CMC) appeared to show major unlock events scheduled for 2025 and 2035. The numbers suggested that most of the supply was locked, and that unlocks had been moved by several years.

Aster clarified that:

Tokenomics have not changed.The misunderstanding came from how unlocked-but-unused ecosystem tokens were displayed.These tokens unlock monthly but remain untouched in a locked address until needed.To avoid confusion, Aster will move these tokens to a separate, public unlock address.The project has no plans to spend these tokens in the near term.The update was intended to reflect the current circulating supply more accurately, not to alter the tokenomics model.

ConclusionAster’s tokenomics follow a straightforward design built to support long-term stability rather than short-term excitement. The supply schedule is clear, the allocations are predictable, and the utility is tied to real activity inside the network. 

If Aster keeps delivering on its roadmap and maintains discipline in emissions, the token model has enough structure to support steady growth over time.

Resources:Aster DEX X platform: https://x.com/Aster_DEX

Aster Docs: https://docs.asterdex.com/usdaster/overview

ASTER tokenomics: https://docs.asterdex.com/usdaster/tokenomics

ASTER data by CoinMarketCap: https://coinmarketcap.com/currencies/aster/

When Bitcoin began gaining prominence, few bodies were as concerned as the United States’ Securities and Exchange Commission [SEC]. A currency that is not tethered to a single person or entity, operating on something that cannot be shut down, and plied by a technology that is immutable, irreversible and transparent, it was the perfect problem for regulators.

From being touted as the currency of the Dark Web, to having derivatives contracts in its name being traded on the CBOE and CME, the regulatory journey of Bitcoin has been like no other. One would think regulators have eased their concerns with cryptocurrencies, but things were just getting started.

ICO: Initial Coin Onslaught Regulators were not immediately taken aback by the 2017-price surge. Instead, they remained on their toes and began a severe crackdown on the digital assets market.

In 2019, many crypto-entrepreneurs began registering their issuances as “tokens” and hence, escaped the regulatory hassle that would follow a security registration, which was when the SEC began to take a closer look. Stephanie Avakian, the SEC’s Co-director of Enforcement, said in a statement following one such case,

“We have made it clear that companies that issue securities through ICOs are required to comply with existing statutes and rules governing the registration of securities…we continue to be on the lookout for violations of the federal securities laws with respect to digital assets.”

Some were genuine cases, however, there were multiple cases of deliberate manipulation. Take the case of Maksim Zaslaviky, who raised money for two separate projects, “RECoin” and “Diamond,” tokens allegedly backed by real estate and diamonds. Zaslaviky pleaded guilty to the charge of conspiracy to commit securities fraud and argued that laws surrounding digital currencies were “unconstitutionally vague.”

Jay Clayton, the SEC’s Chairman, made it clear that the SEC will not budge on the definition of a “security.” Months after clarifying that all ICOs are securities and “if it’s a security, we’re regulating it,” Clayton stated,

“If you have an ICO or a stock, and you want to sell it in a private placement, follow the private placement rules. If you want to do any IPO with a token, come see us.”

In fact, the ICO fervor got so tense that the SEC created a new role to oversee cryptocurrencies. Valerie Szczepanik, who previously served in the SEC’s cyber-unit, was given the brand new position of Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation. In the SEC’s press release, her role was defined as,

“Ms. Szczepanik will coordinate efforts across all SEC Divisions and Offices regarding the application of U.S. securities laws to emerging digital asset technologies and innovations, including Initial Coin Offerings and cryptocurrencies.”

SEC’s home turf Due to increased regulatory oversight of the SEC, projects began leaving the US in search of other markets. The main concern for entrepreneurs was the definition of their issuance and if that would lead to the SEC stepping in, especially if they confer a “security” tag. Robert Greene, a former member of the Chamber of Digital Commerce’s Token Alliance, told Longhash,

“The SEC’s regulatory posture has certainly driven projects seeking to conduct an open digital token offering to locate outside of the United States.”

Some projects went a step further. BitTorrent, which saw its early-2019 token sale finish in 15 minutes and generated $7.1 billion, restricted US residents from taking part, owing to increased regulatory scrutiny.

The ICO craze didn’t continue to 2019, particularly in the US. As seen in the chart below, the number of projects from January 2018 to November 2019 almost dropped to 0.

Token Problem The setting in 2018 was vastly different from the one in 2019. ICOs were on a decline, moving to the premise of Initial Exchange Offerings [IEO] where internal governance of partnered exchanges come into play, rather than external regulation. The SEC’s focus hence waned from nabbing ICO criminals to defining a “token.”

Even though issuances present different regulatory cases, they’re unified by a common theme – the SEC is concerned not with the tag “security” or “token,” but the underlying means of fundraising and its purpose, said Chainalysis’ Chief Technical Counsel, Michael Moiser.

In a joint statement, the three most important financial regulatory bodies of the United States – the SEC, the Commodity Futures Trading Commission [CFTC], and the Financial Crimes Enforcement Network [FinCEN] reiterated this principle,

“As such, regardless of the label or terminology that market participants may use, or the level or type of technology employed, it isthe facts and circumstances underlying an asset, activity or service, including its economic reality and use (whether intended or organically developed or repurposed),that determines the general categorization of an asset.”

Four token issuances which caught the SEC’s attention and set the stage for regulation were – Block.one, Telegram, Kik, and Blockstack.

Block.one’s EOS

A previous piece covering Block.one’s regulatory issues can be found here.

Block.one was fined $24 million by the SEC for its EOS token sale in 2017-2018. The Brendan Blumer-led company clarified that the fine pertained to ERC-20 tokens issued on the Ethereum blockchain which are “no longer in circulation or traded.”

Stephen McKeon, Associate professor of finance at the University of Oregon and former Chief Strategy Officer at Security Token Academy, told AMBCrypto that this is an issue of “transitional securities,” based on when the token sale occurred and when the fine was imposed. He stated,

“The settlement could affirm the viewpoint that a network’s token should always be offered as a security during an initial raise, but a future sale of that asset might later be deemed to fall outside of securities laws once the asset’s network is “sufficiently decentralized.”

In relation to the Howey Test, once a network is “sufficiently decentralised,” it would not satisfy two of the determining factors and hence, “what was once a security is no longer treated that way by the SEC,” clarified McKeon.

Like the case of EOS, cryptocurrencies can essentially fall out of the “security” definition if it “evolves,” according to the SEC’s Director of Corporation Finance, Bill Hinman. Clayton seconded the ‘Hinman doctrine’ in a letter to cryptocurrency advocacy firm, Coincentre, stating,

“A digital asset may be offered and sold initially as a security because it meets the definition of an investment contract, but that designation may change over time if the digital asset later is offered and sold in such a way that it will no longer meet that definition.”

Telegram’s GRAM

The SEC halted Telegram’s GRAM token sale less than a month before its opening. Telegram told investors that discussions with the federal agency had been ongoing for eighteen months. Yet on 11 October, the SEC filed an emergency action against the platform for “conducting an alleged unregistered, ongoing digital token offering in the U.S.”

Steven Peikin, Co-director of the SEC’s Division of Enforcement, stated,

“Telegram seeks to obtain the benefits of a public offering without complying with the long-established disclosure responsibilities designed to protect the investing public.”

Moiser said that the case of Telegram directly ties to the SEC, CFTC and FinCEN’s joint statement [issued on the same day as the Telegram complaint], and is based on ‘function, not label.’ Next, the coming together of messaging and token sales is a case in its own regard, and hence, the SEC took the extra measure. Moiser added,

“The messaging app-to-crypto token space is an important one to watch, for fast adoption through existing networks, as well as natural synchronicity with privacy-oriented users.”

Telegram’s use as a covert-messaging device was also a concern. The Chainalysis CTO added that the messaging application came in for far more “scrutiny” owing to its alleged use by “nefarious actors.” The privacy messaging platform is the “number one source for terrorist organizations online,” according to Steven Stalinsky, Executive Director of the Middle Eastern Media Research Institute [MEMRI], a think-tank that released a 253-page report on how terror-outfits’ use of GRAM could be a “security threat.”

Moiser was surprised that Telegram, with its deep pockets and ability to put forth a strong legal team, could not, at the very least, avoid a “temporary restraining order.” He stated,

“Given their resources, knowledge of the publicly stated illicit finance concerns and ability to work through these issues in advance with regulators before market actions, the impact on investors from them not doing so makes this important in an unfortunate way.”

Kik’s KIN

In 2017, Kik, another lesser-known messaging platform, issued a token sale for their crypto Kin, raising $55 million from US investors in the process. Kin’s sale commenced during a period when the messaging service saw little use. The same was attested in the SEC’s June 2019 filing.

The crux of SEC’s complaint follows previous cases, stating that Kik “sold the tokens to U.S. investors without registering their offer.” The complaint was further divided into two parts – the value and the promotion. The value at the time of the complaint was “about half of the value that public investors paid in the offering.” Secondly, the SEC alleged that Kin was marketed as an “investment opportunity.”

Kik further told investors that a “profit” could be expected from their investment, which, according to the Chief of Enforcement in the Cyber Unit division of the SEC, Robert A. Cohen, satisfies the Howey Test. He stated,

“Future profits based on the efforts of others is a hallmark of a securities offering that must comply with the federal securities laws.”

Months after the complaint, Kik hit back, stating that the regulator has made a consistent effort to “twist the facts” by “misrepresenting the documents and testimony” gathered. Kik demanded a Jury trial and detailed 200 points of clarification against the SEC’s initial complaint. 

The tussle got so heated that FT called it the “acid test for whether certain digital tokens count as securities.” It was hence, one of the most pivotal regulatory cases of 2019.

Blockstack’s STX 

In July 2019, Blockstack saw its token offering – Stack [STX], approved by the SEC under Regulation-A. This was the first case of token issuances that was approved by the regulator. An alternative to an IPO, Regulation A is based on two tiers. Tier 1 pertains to offerings up to $20 million within a 12-month window, while Tier 2 has a ceiling of $50 million over the same period.

The case of Blockstack’s approval was hailed as being historical for token issuances under the purview of the SEC. The National Law board stated,

“The SEC’s decision to qualify Blockstack’s offering circular represents a milestone for Blockstack, as well as the blockchain industry as a whole. It is a key step down what may be a viable pathway for companies to raise capital to develop open, cryptographically secured networks powered by digital assets.”

Kraken’s Steven Ehrlich, in a piece for Forbes, stated that Blockstack’s approval was important for three reasons. The $28 million offering will be widespread between retail and institutional investors. Blockstack is ahead on development, having over 170 applications operating on its blockchain. Being over half a decade old, Blockstack belongs to the ‘old-guard’ of crypto-companies and serves as a “good barometer to assess the industry’s progress as a whole.”

With the cases of Kik and Telegram happening before and after Blockstack’s approval, the SEC took a more nuanced view with the blockchain company, compared to the messaging giants. Blockstack’s fundraising could be a “path to SEC-approved IPO-type fundraising with a crypto-token,” stated Moiser. He added,

“While many noted the $2mm that Blockstack spent to achieve this, it sets a precedent and blueprint that can be replicated on the shoulders of that capital investment.”

Lowering of the Iron-Fist

Token issuances were the most important regulatory decisions that the SEC had to make this year, and their approach from 2018 to 2019 has evolved. While in 2018, retail fever was pushing projects towards ICOs, the basket was spoiled by a few bad apples that used the method of raising funds for nefarious reasons, which rightly ushered scrutiny.

Moving on from the iron-fist decisions, the SEC immediately came out and stated that the ‘tag’ is secondary to ‘activity’ and ‘means.’ Four token security decisions dominated the sphere, with the messaging giants getting the short-end of the stick, more so due to other reasons surrounding their issuances, rather than the method itself.

For Kik, it was the financial situation and Kin’s drop in valuation, while for Telegram, it was the platform’s reported use by terror-elements. The regulatory decision for Block.one underlined the case for a more nuanced approach to token regulations, which looked at the lifetime of a token. Blockstack’s case also spelled out the alternative to IPO-means towards securing an SEC green light for crypto-fundraising.

All-in-all, it can be stated that the SEC is looking at the complete picture of token issuance, issuer, network, means, and amount before regulations are meted out.

Token issuances are not dead, they’re evolving.

Kik Continues Legal Battle With SEC, Requests Trial Date Definition

Is the Future of Blockchain Tech Innovation in the East?

In brief A judge didn't buy Ripple's request to dismiss a class-action lawsuit against it. The judge seemed to assume, for now, that XRP is a security, a lawyer told Decrypt. Should the court rule in favor of the plaintiffs, it could have widespread effects on the market. Ripple Lab Inc., the company behind the XRP cryptocurrency, failed to convince a judge on Wednesday to dismiss a class-action lawsuit that could force the San Francisco-based company to return all of XRP’s investors’ money, and take the coin off the market entirely. 

Since XRP is the third-most popular cryptocurrency by market cap and trades almost $3 billion per day, such a ruling could crash the cryptocurrency market. A ruling against Ripple would also set a legal precedent that would make it easier for disgruntled investors to go after the creators of other cryptocurrencies, such as Kik Messenger and Telegram, which are battling similar allegations from the SEC.

The plaintiffs, various disgruntled investors who bought into XRP at an early stage, allege that San Francisco-headquartered Ripple sold them XRP under false pretenses, and that the sale constituted an unregistered securities offering under US law. 

They argue that under the decades-old yardstick for determining whether or not an asset constitutes a security, the Howey Test, XRP constitutes a security. And if a cryptocurrency token is an unregistered security, then Ripple’s token sale would have been illegal, and Ripple might have to give investors their money back.

Ripple asked a federal judge in Oakland, California to throw the case out because of the amount of time that has passed since the initial sale: XRP was offered over five years ago. But US District Judge Phyllis Hamilton refused to dismiss the case. 

And, what’s more, her arguments for doing so appear to rely on the assumption—for the purposes of this early-stage motion, at least—that XRP does, in fact, constitute a security under US Securities Law, Jason Gottlieb, a partner of Morrison Cohen LLP who’s experienced in crypto litigation, told Decrypt.

In her response to the motion to dismiss, Judge Hamilton refers to a statute of limitations issue under the Private Securities Litigation Reform Act, “which would only apply if XRP were a security,” he said. 

Judge Hamilton also evaluated whether Ripple was a “seller” under securities laws, as well as liability issues under federal securities laws. “You wouldn’t be looking at those unless you had determined, for the purposes of this motion, that XRP is a security,” said Gottlieb.

Jake Chervinsky, General Counsel of DeFi product Compound Finance, agreed: “The securities claims survive. XRP stays in the crosshairs,” he tweeted on Wednesday.

Gottlieb pointed out that Judge Hamilton doesn’t exclude an argument against this at a later stage of litigation. But at this stage, “Even Ripple knows that arguing that [XRP] is not a security on a motion to dismiss is a fool's errand,” he said. 

The case won’t be settled anytime soon, said Gottlieb. Judge Hamilton invited the plaintiff’s to amend their complaint that Ripple lied to them, but should Judge Hamilton deny another motion to dismiss after that; then to discovery; and then, if things still aren’t resolved, a trial. “It's hard to imagine a trial happening in calendar 2020,” he said. (Of course, the parties could settle at any point). 

But should a judge rule that XRP is a security, that could have widespread effects on the cryptocurrency industry—and not just because Ripple might have to give investors their money back. Such a legal precedent could make it easier for investors to claim back billions raised in other token sales, which could also be ruled to constitute unregistered securities offerings. 

“XRP is widely traded in the secondary market; it could really create some havoc,” said Gottlieb.

And should financial institutions wish to keep trading securities, financial service firms, like crypto exchanges, investment funds, and trading firms, might be subject to registration and licensing, according to the website of the Crypto Ratings Council, an industry body set up to help crypto startups determine which blockchain-based tokens qualify as securities.

Other major ongoing cases are those levied by the SEC against the blockchain networks of Telegram, the operator of the 300-million-strong messaging app, and Kin, a blockchain network formerly owned by Kik, which coincidentally also runs a messaging app of a similar size. The SEC claims that the $1.7 billion Telegram raised, and the $100 million Kin raised, in ICOs constituted an unregistered securities sale. 

Just like the XRP case, if the judge rules in the SEC’s favor, Telegram might have to give investors their money back. It would also create a legal precedent, said Gottlieb, but would come with the SEC’s additional bite of “injunctive relief,” which would prevent Telegram from running token sales in the future. 

What it all boils down to is this: should any of these major cases result in a judgment that one of these token sales constitutes an unregistered securities sale, then not only will that affect the other major cases, but the legal precedent developed could make it easier for similar cases to be settled in the future.

Yankun Guo, a lawyer who set up her own practice in Chicago to help early-stage startups, told Decrypt that crypto startups, hedge funds, and companies considering token offerings ought to "pay attention to who their investors are (accredited or not), as well as the disclosures they are putting out around their companies and tokens."

Her advice might have come too late for the crypto companies battling court cases with investors. Though investors would surely benefit from court rulings in their favor, the crypto economy as a whole might suffer, particularly if future lawsuits drain money from the market.

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6 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

6 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

6 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

6 hours ago

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

6 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

6 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

6 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

6 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

6 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

6 hours ago

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

6 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

6 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

6 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

6 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

6 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

6 hours ago

EDMONTON, Alberta--(BUSINESS WIRE)--Teledyne MEMS is expanding its manufacturing operations in Edmonton with support from the Government of Alberta, reinforcing the province’s growing role in the global semiconductor supply chain and creating new, high-skill jobs. The investment is backed by a CA$620,000 grant from the province’s Investment and Growth Fund, aimed at attracting high-impact private sector investment and driving economic growth.

The expansion will enhance Teledyne MEMS’ advanced manufacturing capabilities and help meet rising global demand for micro electro-mechanical systems (MEMS) sensors and microfabricated semiconductor devices. From its Edmonton facility, Teledyne MEMS serves diverse markets including optical MEMS, biomedical MEMS, inertial and industrial sensing, with applications in telecommunications and miniaturized medical systems, among others. It will also strengthen Alberta’s advanced manufacturing ecosystem and contribute directly to the local economy.

“As a global and trusted leader in MEMS technology, Teledyne MEMS is committed to growing our presence in Alberta and investing in its talent and innovation ecosystem,” said Steve Bonham, Plant Manager at Teledyne MEMS. “Our expansion in Edmonton reflects confidence in the region and will create high-value jobs and long-term economic opportunities. We thank the Government of Alberta and Edmonton Global for their continued support.”

The expansion, which includes new wafer processing, inspection, and automation equipment alongside facility upgrades, reaffirms Teledyne’s long-term commitment to Alberta and its position in the global semiconductor value chain.

“Alberta is open for business, and investments like this show why companies choose to grow here. Through the Investment and Growth Fund, we are helping close the deal on high-impact projects that create jobs, grow our economy and strengthen Alberta’s advanced manufacturing sector,” said Joseph Schow, Minister of Jobs, Economy, Trade and Immigration.

About Teledyne MEMS

Teledyne MEMS is one of the world’s foremost pure-play MEMS foundries, offering design, prototyping, and high-volume manufacturing for MEMS sensors, actuators, and microfabricated semiconductor devices. With advanced 150 mm and 200 mm wafer capabilities and decades of process expertise, Teledyne MEMS serves customers across automotive, industrial, medical, consumer, and communications applications. For more information about Teledyne MEMS, visit www.teledynemems.com.

About Teledyne Technologies

Teledyne Technologies (NYSE:TDY) is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit www.teledyne.com

Company Ranks in the Top 10% Among S&P 500 Companies for Leadership in Talent Readiness

, /PRNewswire/ -- Sempra (NYSE: SRE) has been named to The Wall Street Journal's inaugural list of "Best Companies for the Future." The new ranking was published June 7, 2026 following an evaluation of S&P 500 companies based on their anticipated ability to be successful in a rapidly evolving business environment by measuring future readiness. Sempra outperformed industry peers across a series of key indicators measuring leadership, organizational adaptability and workforce readiness.

"As the pace of change accelerates across American business, we understand that Sempra's ability to grow and better serve customers is directly proportional to our ability to attract, retain and develop the right talent," said Jeffrey W. Martin, chairman and CEO of Sempra. "That is why we will continue investing in our people, strengthening our capabilities and advancing our strategy to build America's leading utility growth business."

The "Best Companies for the Future" ranking evaluates the nation's largest corporations across six pillars of future-readiness: agility, artificial intelligence readiness, financial fitness, innovation, resilience and talent readiness. Scores were derived by Bendable Labs for the WSJ Leadership Institute from a composite of third-party data sources and external metrics designed to evaluate long-term organizational strength and adaptability.

A Recognized Leader in the Utility Sector for Talent and Agility 
Sempra's standout performance came in the talent readiness category, where the company ranked in the top 10% of the S&P 500 and as one of the leading utilities in America for workforce readiness. This high mark reflects Sempra's continued efforts to attract, develop and retain the talent needed to support its future business needs. 

In addition, Sempra ranked among the top utilities in the country for agility, scoring in the top 38% for innovation and commitment to new technologies, which reflects a company-wide effort to modernize and extend one of America's largest energy networks.

Moreover, this recognition adds to a series of honors received earlier this year that highlight Sempra's strong operational performance and high-performance culture, including:

Fortune's World's Most Admired Companies The Wall Street Journal's Management Top 250 U.S. News & World Report's Best Companies to Work For Forbes' America's Best Employers for Company Culture About Sempra
Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

SOURCE Sempra

New York, New York--(Newsfile Corp. - June 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302757

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Vite (VITE), a Directed Acyclic Graph (DAG)-based smart contract platform, combines high transaction speed with zero transaction fees. Thanks to its DAG-based smart contract technology, the platform boasts nearly zero transaction fees and additionally employs the HDPoS consensus mechanism. In this consensus structure, super network nodes receive only staking rewards and pay no transaction fees.

The compatibility of Vite’s virtual machine with EVM and the support for the Solidity++ programming language bring multiple advantages for the VITA token. Users can directly stake VITE Tokens to earn VX, the cryptocurrency of Vite’s decentralized exchange, ViteX. VITE’s existing products include a decentralized cryptocurrency exchange, the multi-purpose wallet application Vite App, the payment application VitePay, and the blockchain solution for businesses, VitePlus.

VITE Coin can be purchased on Binance, the world’s largest cryptocurrency exchange by trade volume. For VITE purchases, Bitcoin or Tether trading pairs can be used. Before making a purchase on Binance, it is necessary to open an account and transfer the corresponding fiat or cryptocurrency. It is generally known that USDT supports many trading pairs, and VITE can also be acquired through this trading pair.

The highest volume is observed in the VITE/USDT trading pair. The liquidity provided by Binance offers users a much more flawless trading experience. Users can also buy VITE Coin through the VITE/BTC trading pair on Binance, even if it has a lower trading volume.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

27.03.2024 - 08:09

Update: 27.03.2024 - 08:19

Coinbase, the largest cryptocurrency exchange in the USA, continues its altcoin listings and support statements without slowing down.

At this point, Coinbase recently stated that it added the altcoins named Shadow Token (SHDW) and Neon EVM (NEON) to its road map.

“Assets (SPL tokens) on the Solana blockchain added to the roadmap today: Shadow Token (SHDW) and Neon EVM (NEON)

This is not a comprehensive list of the assets we decide to list. Any entities not referenced in the above lists do not preclude the potential listing of such entities.”

Coinbase's roadmap program is used to announce altcoins that are planned to be listed on the platform but have not yet been listed. However, the exchange also states that being added to this road map does not mean a listing guarantee.

Following the Coinbase announcement, SHDW rose by up to 60%, while NEON rose by up to 45%.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Two Solana (SOL)-based altcoins surged in price after Coinbase announced they could soon be trading on its platform.

On Tuesday, the top US crypto exchange added Shadow Token (SHDW) and Neon EVM (NEON) to its listing roadmap, which alerts customers that the company could soon add support for certain assets.

[adinserter block="1"]

Shadow Token is a cryptocurrency designed for the sustainability and security of decentralized data storage infrastructure. It serves as the native token for the ShdwDrive network, a high-performance cloud storage platform.

SHDW, the 241st-ranked crypto asset by market cap, is trading at $2.11 at time of writing and is up more than 53% in the past 24 hours. The Singapore-based exchange Crypto.com also rolled out trading support for SHDW on its app on Wednesday.

Neon EVM is an Ethereum Virtual Machine (EVM) that aims to enable developers to build and deploy DApps from EVM chains to Solana. NEON serves as the project’s utility token for gas fees and governance.

NEON is trading at $1.70 at time of writing. The 527th-ranked crypto asset by market cap is up 21.5% in the past 24 hours.

Coinbase created its listing roadmap in 2022 to increase transparency and reduce the possibility of investors front-running new trading support announcements.

Generated Image: Midjourney

As we approach more enjoyable days in bull markets, the frenzy of altcoin delistings has been replaced by rapid listings. Cryptocurrency exchanges, which delisted assets that did not cover order book costs in the tough bear market environment and sought to escape market-making expenses, are now making back-to-back listings. Each period has its own unique rules, of course.

Coinbase Altcoin ListingRecently added to the listing roadmap, Shadow Token (SHDW) will be listed by Coinbase according to a recent announcement. It hasn’t been very long since it was added to the roadmap; generally, such tokens are officially listed within 7-10 days, and this was the case for SHDW as well.

SHDW Coin price saw an increase of over 30% at the time this article was prepared, influenced by the news. The price exceeded $2.35, and the trading volume increased by 50%. With a market value still below $300 million and a daily total volume of $2.2 million, this altcoin could climb higher if it maintains the excitement.

However, investors may likely see a “sell the news” event after the listing is completed. This tends to be the standard with Coinbase listings. As of 19:00 (TSI), the price surpassed $3.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Coinbase to List Solana-Based Shadow Token (SHDW)