The United States Securities and Exchange Commission has cautioned investors about the risks of cryptocurrency asset securities.
Issuing an official alert to investors, the SEC warned that businesses offering transactions involving crypto assets as well as crypto-asset securities, may not be complying with US regulations and that investors risk suffering a significant amount of losses.
The US regulator issued the warning moments after the US Federal Reserve announced that interest rates will be increased by 0.25% in the aftermath of a series of bank closures in the US and Europe.
The Securities and Exchange Commission has increased its crackdown on the cryptocurrency industry as it most recently declared plans to bring an enforcement action against Coinbase Global. The largest crypto exchange in the US received a notice from the US regulator, over its planned lending product, which would allow users to earn interest on their digital assets holdings by lending them out to other users.
The global cryptocurrency market was trading upwards, boosted by gains posted by Bitcoin (BTC) and Ethereum (ETH) though in the meme coin space, Dogecoin (DOGE) and Shiba Inu (SHIB) had shed in prices as Big Eyes Coin (BIG) continued its presale with its latest bonus code BULLRUN250.
Dogecoin – Bullish Momentum Overpowered by Bears
After posting a 7-day high of $0.07893 in the past 24 hours, Dogecoin (DOGE) tumbled by 3.13% to trade at its current price of $0.07496.
At the time of writing, Dogecoin held a market capitalization of $9.9 billion, a 3.07% decrease from the previous day, while its weekly movement indicated a 0.97% decline, a sharp reversal from the 9% upward trajectory the previous day.
Shiba Inu – Bearish Sentiment Continues
Shiba Inu (SHIB) continued to trade in a downward movement as its price dipped by 1.26% in daily trading as it slipped from $0.00001085 to its current trading price of $0.00001062.
At the time of writing, Shiba Inu was indicating a weekly downward movement of 3.06% with a market capitalization of $6.2 billion and a 24-hour trading volume of $204 million.
Big Eyes Coin – Earn BIG Returns with ‘BULLRUN250’ Bonus Code
Big Eyes Coin (BIG) is the latest meme token in the cryptocurrency market, and since its recent launch, the project has had the most successful Initial Coin Offer (ICO) in recent times. Built on the Ethereum blockchain, Big Eyes Coin is community-owned and self-propagates using Non-Fungible Tokens (NFTs), which offers its cat-loving community access to more content and events.
Launched in August last year, Big Eyes Coin is in the presale stage, and now in stage 12, the project has so far raised over $32 million in presale tokens and will go live after it reaches its $50 million presale target at the end of stage 15.
As the industry prepares for the next bull run, Big Eyes Coin has launched its latest bonus code, ‘BULLRUN250’ which offers crypto users a 250% bonus of BIG tokens. Buyers have to enter the ‘BULLRUN250’ bonus code when purchasing BIG tokens or Loot Boxes for the 250% ROI. The ‘BULLRUN250’ bonus code will run for a limited time only as BIG tokens are selling at an alarming speed.
Big Eyes Coin Loot Boxes are the project’s ongoing presale feature which offers users returns of up to 5000% per loot box. The box drops feature the Saver Tin, Cute Box, Kitty Vault, Super Saiyan Box, and Excali-Paw Master Chest carry a maximum ROI of $500, $5000, $25,000, $100,000, and $1,000,000 worth of BIG tokens, respectively, and at the minimum, buyers get their money back if a loot box drop does not spin a prize.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
