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Here are the top four news stories from the past, presented to you by U-Today.
The SEC has been ordered to submit amendments
according to this a recent tweet James K., a defense attorney following the Ripple v. SEC case. By Fillon, the regulator has been ordered to submit all of its suggested amendments for in-camera review by Magistrate Judge Sarah Netburn. The SEC is expected to do so before April 8. In late March, the agency filed a motion asking the judge to allow it to modify some notes it had taken during certain meetings with third parties. Ripple, in turn, said it was not challenging any of the proposed amendments, but that it reserved rights to the notes.
Real Ethereum is worth $6,000 according to Bloomberg
The discounted cash flow model developed by Bloomberg shows that of ethereum The actual value is $6,128, or 180% of the current value. In addition, according to Marketwatch, the network’s upcoming major update, which turns the “old” PoW standard into PoS, makes Ether an equity-like tool. Meanwhile, experts suggest that the network’s transaction fees will rise to $9.8 billion in 2021, while Ethereum will generate even higher fees in 2022, with a target of around $12 billion by the end of the year.
Terra’s UST stake is now backed by Binance
Tomorrow, April 6th, the world’s largest cryptocurrency exchange Binance Announces the launch of Terra’s UST Staking. It is possible to earn up to 19.63% Annual Percentage Yield (APY). Terra’s UST is the largest decentralized stablecoin with a market cap of $16.6 billion. Unlike Tether’s USDT and Circle’s USDC, it is not controlled by any centralized party.
Miami Unveils Crypto-Related “Bullish” Statue
it seems like miamiAccording to a recent Bloomberg report, one of the oldest crypto cities in the United States has decided to get its own version of Wall Street’s “Charging Bull”. The city opened a multi-day bitcoin conference with the unveiling of a 3,000-pound bull statue, reflecting the city’s spirit toward the fast-growing digital asset industry. The statue resembles its famous New York brother except for the bitcoin “laser eyes”, which have become a distinctive feature of crypto enthusiasts.