🧵 4. SEC states TrueCoin and TrustToken agreed to final judgments, enjoining them from violating securities laws and each paying civil penalties, with disgorgement for TrueCoin.

🧵 3. TrueCoin and TrustToken to settle without admitting or denying the allegations, the settlements include civil penalties, disgorgement, and interest payments, subject to court approval.

🧵 2. False claims of full USD backing by TrueCoin and TrustToken alleged, despite issues with funds in 2022 and over 99% invested in offshore fund by Sep 2024, SEC says.

🧵 1. Investor Anthony Pompliano predicts will soar due to global liquidity increase post Fed's rate cuts, citing historical data and new study findings. #crypto

🧵 1. Dogecoin creator Billy Markus calls out SEC chair Gensler for affirming Bitcoin is not a security, questions why DOGE isn't given the same classification. #crypto

🧵 1. SEC settles with TrueCoin and TrustToken over TUSD charges for unregistered investment contracts from Nov 2020 to Apr 2023, allegedly backed by risky offshore fund assets. #crypto

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🧵 5. As Federal Reserve's actions shape market dynamics, Turner advises caution in the face of potential future inflation risks posed by ongoing rate cuts.

🧵 4. Guy Turner highlights correlation between crypto rally and small-cap stocks, emphasizing the positive impact of rate cuts in the short run.

🧵 3. Markets react instantly to rate hikes, often even before they occur. Uncertainty around interest rate increases can trigger crashes, says Turner.

🧵 2. Turner warns of long-term risks: rate cuts could fuel inflation, leading to higher interest rates. Market and economy respond differently to rate changes.

🧵 Read more at:

🧵 3. Solana-based memecoin Popcat (POPCAT) could hit all-time high in 48 hours according to the same analyst. Popcat is currently trading at $1.01.

🧵 2. Analyst Bluntz also bullish on dog-themed memecoin dogwifhat (WIF), which might break downtrend soon. WIF is trading at $2 currently.

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🧵 5. This Coinbase-backed surge showcases the growing support for DeFi projects and Ethereum layer-2 solutions like ZKsync, highlighting the evolving crypto landscape.

🧵 4. Moonwell, operating on BASE, focuses on lending and supports cbBTC on Ethereum and BASE. ZK uses ZK proofs to validate statements without revealing data.

🧵 3. ZKsync, utilizing ZK cryptography, aims to boost ETH transaction speeds, lower costs, and maintain security. Moonwell is a lending platform within the BASE blockchain ecosystem.

🧵 2. Coinbase now allows customers to buy, sell, convert, send, receive, or store WELL and ZK tokens, with WELL trading at $0.0389 and ZK valued at $0.142 post-listing.

🧵 1. Renowned crypto analyst Guy Turner predicts continued market surge as Federal Reserve cuts rates. Small-cap stocks and altcoins to benefit short-term. #crypto