The cryptocurrency landscape is shifting from a phase dominated by speculation and excitement to one focused on practical utility. With this shift, it’s essential for investors to pinpoint the most promising utility coins to purchase for substantial profits in 2025. Experts have highlighted Solana, Shiba Inu, and the new ERC-20 token Yeti Ouro (YETIO) as the top contenders for the upcoming year. Shiba Inu Coin Forecast: SHIB Enters the Utility Era Shiba Inu has been synonymous with memecoin excitement; it gained fame when it gifted Ethereum`s creator, Vitalik Buterin, half of its total supply nearly four years ago. However, that chapter is firmly in the past for this dog-themed cryptocurrency, as it now embraces a new phase focused on utility. Central to this vision is Shibarium, its Layer-2 network. Since its launch, the network has handled nearly 800 million transactions and amassed over two million addresses. Notably, it boasts an average block time of just 20 seconds, offering a speedier option compared to Ethereum. Currently, Shiba Inu’s price stands at $0.0000214 . Founder Shytoshi Kusama is actively leading this utility-focused era, introducing new technical enhancements to elevate Shiba Inu and Shibarium. The latest innovations include Fully Homomorphic Encryption (FHE) for privacy and the new Shib Identity System. Yeti Ouro: Leading Memecoin Utility in Gaming Yeti Ouro is emerging as a strong player, blending two of the most dynamic aspects of the crypto world: gaming and memecoins. This new Ethereum-based initiative is offering utility through its play-to-earn game, Yeti Go, where players earn YETIO tokens by winning races. The Yeti Go ecosystem is built around the YETIO token, which is used for race entry fees, buying weapons, various customizations, and staking for yield and exclusive in-game rewards. This ensures that the token maintains its utility. Developed by industry veterans involved in successful titles like Call of Duty and Spiderman, the game is expected to attract millions of players, all utilizing YETIO. The team recently shared a video offering a sneak peek of the Level 1 map from a distance. This expansive area employs the same deathmatch gameplay style, allowing players plenty of room to dodge attacks and gather power-ups to defeat opponents. There’s still much to reveal, including garages for vehicle repairs and upgrades, hidden tunnels, and challenging terrains. YETIO also enjoys robust tokenomics, with 50% allocated to the presale and 5% set aside for a token-burning mechanism aimed at reducing supply and bolstering price. Yeti Ouro`s ongoing presale has generated significant interest, raising over $1.642 million thus far. In the second stage of the presale, investors have already snapped up more than 26 million tokens. Solana: The Sovereign of Utility Then there`s Solana, the crypto project that is now a strong competitor to Ethereum in terms of utility. After a breakout year in 2024, Solana surpassed Ethereum as the preferred platform for developers launching new tokens. For extended periods, its decentralized applications brought in the highest revenue in the industry. This rise in utility propelled SOL to a new all-time high in November, a milestone that analysts anticipate will be repeated this year. The immediate goal for SOL`s price is to surpass $196.54 , which marks its upper Bollinger Band, where it has faced resistance this year. However, the recent widening of the Bollinger Bands suggests heightened volatility is on the horizon, which bullish investors must defend to give SOL a chance to appreciate by the end of January. (Source: Ibrahim Ajibade ). Become Part of the Yeti Ouro Community Website: https://yetiouro.io/ X (Formerly Twitter): https://x.com/yetiouro Telegram: https://t.me/yetiouroofficial Discord: https://discord.gg/YtUsEZ2Z Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Gary Gensler: SEC Has Never Declared Bitcoin or Ethereum as Securities
Gary Gensler: SEC Has Never Declared Bitcoin or Ethereum as Securities In a recent Yahoo Finance interview , Gary Gensler , Chairman of the U.S. Securities and Exchange Commission (SEC), clarified a long-standing misconception surrounding Bitcoin (BTC) and Ethereum (ETH). Gensler stated that neither he nor his predecessor, Jay Clayton , had ever labeled Bitcoin or Ethereum as securities . Furthermore, Gensler noted that the SEC itself has refrained from definitively classifying these assets as securities, citing the commission’s mandate and the unique characteristics of these tokens. What Did Gensler Say? Bitcoin and Ethereum’s Status Gensler emphasized that the SEC has never declared Bitcoin or Ethereum as securities . He explained that the nature of the SEC’s work prevents the commission from definitively classifying these tokens as securities. Historical Context Gensler pointed out that investors had access to Bitcoin and Ethereum long before exchange-traded fund (ETF) products involving these assets were launched. This highlights their decentralized origins and their adoption as non-securities by market participants. Why Bitcoin and Ethereum Are Treated Differently Bitcoin’s Decentralization Creation Without Issuers: Bitcoin was created through a decentralized process, with no central authority or initial coin offering (ICO). Global Consensus: Its decentralized nature has led regulators to treat it as a commodity rather than a security. Ethereum’s Evolution Initial Fundraising Questions: While Ethereum’s 2014 ICO sparked some initial scrutiny, its transition to a decentralized network has distanced it from traditional securities classifications. Regulatory Silence: The SEC’s lack of an official declaration on Ethereum reflects the complexity of applying securities laws to blockchain-based assets. Gensler’s Comments in Context Investor Misconceptions Gensler’s clarification comes amid ongoing debates about the classification of cryptocurrencies and regulatory oversight. His statement aims to dispel the notion that the SEC has taken a definitive stance on Bitcoin or Ethereum as securities. SEC’s Mandate Case-by-Case Basis: The SEC evaluates assets individually to determine whether they meet the criteria of a security under the Howey Test . Non-Definitive Statements: Due to this approach, broad classifications of cryptocurrencies remain rare. Implications for Bitcoin and Ethereum Investors Regulatory Clarity Gensler’s remarks reaffirm that Bitcoin and Ethereum are unlikely to face regulatory challenges as securities, ensuring continued confidence among investors. Market Dynamics ETF Adoption: The approval of Bitcoin and Ethereum ETFs demonstrates their acceptance as legitimate investment assets. Institutional Interest: Continued regulatory ambiguity may slow institutional adoption for newer tokens but reassures confidence in Bitcoin and Ethereum. The Broader Debate on Crypto Regulation Other Cryptocurrencies Under Scrutiny While Bitcoin and Ethereum enjoy regulatory leeway, many altcoins face questions regarding their status as securities. Recent SEC enforcement actions have targeted ICOs and tokens deemed to have violated securities laws. Future Clarity Comprehensive Frameworks: As the crypto market evolves, regulatory agencies may introduce clearer guidelines for digital asset classification. Role of Congress: Legislative action could provide the definitive clarity that the SEC currently avoids. Conclusion Gary Gensler’s assertion that neither Bitcoin nor Ethereum has been officially labeled as securities by the SEC underscores their unique status in the cryptocurrency market. While regulatory uncertainty persists for many digital assets, Bitcoin and Ethereum continue to enjoy broad acceptance due to their decentralized nature and established market presence. As crypto regulations evolve, these flagship cryptocurrencies remain key pillars of the digital asset ecosystem. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries. Bitzo
XRP, XLM on the Rise, BTC Price Taps $97K Ahead of CPI Announcement (Market Watch)
Bitcoin’s price actions took a positive turn after the Monday night crash, and the asset tapped a weekly high of just under $98,000 earlier today. The altcoins also posted some notable gains ahead of today’s CPI numbers in the States, which are expected to lead to massive volatility once again. BTC Prepares for CPI The primary cryptocurrency had a highly volatile week as it traded above $102,000 last Tuesday but headed straight south in the following days. The culmination, at least at first, came last Thursday when BTC slumped to a monthly low of $91,250. It bounced off and recovered some ground in the following days but started to drop hard once again at the start of the current business week. As reported on Monday, the asset plunged by several grand in hours and dipped below $90,000 for the first time since November. The bulls finally stepped up on the gas pedal at this point and didn’t allow a further decline. Just the opposite, bitcoin started to recover some ground rapidly and spiked to $96,000 yesterday. It kept climbing gradually in the early Wednesday hours and neared $98,000 for the first time in a week. It failed there and now trades about a grand lower in anticipation of today’s CPI announcement. Still, its market cap is well above $1.9 trillion but its dominance is down to 54.6% on CG. BTCUSD. Source: TradingView XRP, XLM on the Rise The biggest gainers from the larger-cap alts are Ripple and Stellar. Both assets have gained around 10% over the past 24 hours and sit above $2.8 and $0.45, respectively. Cardano is also well in the green as it managed to reclaim the $1 level. Other alts with minor gains today include DOGE, TON, AVAX, and LINK. In contrast, ETH, SOL, BNB, TRX, and SUI are with some losses within the same timeframe. The total crypto market cap has recovered over $200 billion since Monday’s low and is above $3.5 trillion. Cryptocurrency Market Overview. Source: QuantifyCrypto The post XRP, XLM on the Rise, BTC Price Taps $97K Ahead of CPI Announcement (Market Watch) appeared first on CryptoPotato . Bitzo