Here are the top three news stories from the past day brought to you by U.Today.
Here are the top three news stories from the past day brought to you by U.Today.
Robinhood CEO breaks silence amid SEC drama
Vlad Tenev, CEO of Robinhood, recently adopted the X platform comment in the recent Wells Notice the company received from the SEC. in a short thread, Tenev expressed concern about the damaging impact of a “regulatory onslaught” that American businesses and customers faced over the past three years. In the CEO’s opinion, the SEC’s continued attack on cryptocurrencies, along with other recent rule proposals such as the one related to predictive data analysis, represents another inappropriate attempt by the administrative state to “stifle innovation.” While Robinhood strives to maintain positive and productive relationships with regulators, Tenev said, the company will use its resources to dispute the matter in court if necessary; This will allow not only the defense of Robinhood but will also help establish regulatory clarity in the US for the benefit of the company’s customers.
New Bitcoin All-Time High Soon: Samson Mow, “$1 Million BTC” Advocate
In a recent x publicationJan3 CEO and renowned Bitcoin enthusiast Samson Mow has made a bullish forecast regarding the price trajectory of the flagship cryptocurrency. According to Mow, Bitcoin will hit a new all-time high “soon.” However, the CEO did not specify when exactly he expects BTC to achieve the long-awaited ATH, leaving his followers guessing in the comments section. The reason behind Mow’s optimism could lie in Bitcoin’s rebound over the weekend, as the asset managed to rise more than 10%. Following this, on Monday, May 6, the king cryptocurrency reached $65,180, boosted by the Grayscale Spot ETF recording the first inflow of $63 million on Friday. At the time of writing, Bitcoin is trading at $62,079, down 2.86% in the last 24 hours, according to CoinMarketCap.
Shiba Inu (SHIB) Leader Shytoshi Kusama Shares Mysterious Epic Sneak Peek
The Shiba Inu community has received new material for speculation, as project leader Shytoshi Kusama shared. an enigmatic new publication on its X handle. mail features a GIF with the word “Evita,” a Spanish variant of the name Eva, meaning “life” or “living.” The same post appeared on the X page of Kaal Dhairya, a key developer in the Shiba Inu ecosystem, further piquing the curiosity of SHIB enthusiasts. Theories among the community about the meaning behind the “Evita” message now range from the possibility of a new partnership to the introduction of a new token alongside SHIB, BONE, LEASH, and TREAT. Some believe that the breakthrough may be related to the recent Shibarium hard fork. However, for now, the true meaning behind Kusama’s teaser is unknown.
