Tokens tied to Dogecoin-funded DOGE-1 satellite jump ahead of SpaceX launchTwo tokens tied to space logistics and energy company Geometric Energy Corporation are jumping ahead of its mission to put DOGE-1, a Dogecoin-themed satellite, into orbit around the moon.The launch is scheduled for Jan. 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S.GEC, a token issued by the company, has more than quadrupled in the past week. Another token, XI, which is said to be used to pay for ads displayed on the satellite, has climbed 36%. Together they have a market capitalization of just over $30 million and more than 6,000 individual holders, on-chain data shows.Geometric Energy announced the DOGE-1 satellite in May 2021 as the payload of a SpaceX Falcon 9 rocket originally scheduled for 2022. The mission has been paid for entirely in Dogecoin (DOGE) – a dog-themed meme coin that enjoys SpaceX founder Elon Musk’s vocal backing.SpaceX has since received the requisite regulatory approvals to clear the launch, finally bringing DOGE-1 a step closer to reality, according to Geometric Energy founder Samuel Reid.DOGE-1 is one of the two dogecoin-related missions planned in the coming months.Earlier this month, Dogecoin developers said a physical dogecoin token could reach the moon in a space payload mission planned by Pittsburg-based firm Astrobotic. The mission is planned for Dec. 23 and carries 21 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services (CLPS) initiative.Cryptocurrency is a form of digital money that uses blockchain technology to ensure its security, transparency, and decentralization. Cryptocurrency has been gaining popularity as a payment method in Europe, as it offers many advantages for both consumers and merchants, such as:Lower fees: Cryptocurrency transactions do not involve intermediaries, such as banks or payment processors, that charge fees for their services. This reduces the cost of sending and receiving money, especially across borders.Faster speed: Cryptocurrency transactions are processed by a network of computer nodes that verify and record them on a shared blockchain ledger. This eliminates manual verification and approval, which can take days or weeks for traditional payment methods. Cryptocurrency transactions can be completed in minutes or seconds, depending on the network congestion and the transaction fee.Greater privacy: Cryptocurrency transactions do not require personal or financial information, such as name, address, or card number, to be shared with third parties. This protects the users from identity theft, fraud, or data breaches. Cryptocurrency transactions are also pseudonymous, meaning they are linked to a unique code, called an address, rather than a real identity.More control: Cryptocurrency users have full ownership and control over their funds, as they are stored in a digital wallet, a software or hardware device that allows them to send and receive cryptocurrency. Users do not need to rely on third parties, such as banks or payment providers, to access or manage their money. Users can also choose the level of security and convenience for their wallet, such as using a password, a PIN, a fingerprint, or a recovery phrase.However, cryptocurrency also faces some challenges and barriers that limit its adoption and growth as a payment method in Europe, such as:Legal uncertainty: The rules and regulations regarding cryptocurrency vary from country to country in Europe, and sometimes even within the same country. Some countries, such as Germany, France, and Malta, have a more favorable and transparent legal framework for cryptocurrency. In contrast, others, such as Spain, Italy, and Greece, have a more restrictive and ambiguous one. This creates confusion and inconsistency for consumers and merchants, who may not know the legal status, tax implications, or consumer protection of cryptocurrency in their jurisdiction. #DOGE #BTT #HNT #binanceSquare #BinanceFeed.

$SOL $BTC $BNB BONK, BTT, and OP are some of the best crypto to buy as these coins have shown great resilience to market movement and are top gainers.BONK, BTT, and OP are top gainers on December 8 which makes them some of the best crypto to buy now. The skyrocketing surge in the crypto market has not only been limited to decentralized protocol tokens but also extended to meme coins. BONK, the dog-themed coin that recently secured the third rank in dog-themed coins is surging again. Along with BitTorrent (BTT) and Optimism (OP), let’s explore the best crypto to buy on December 8.Best Crypto To Buy NowBONK Price PredictionAfter a recent rally of 33%, BONK has gained traction again. While most of the meme coins are not moving much, BONK is recording high trading frequencies leading to a series of bull runs.Recently, the Solana-backed meme coin has replaced FLOKI in market capitalization to become the third-largest dog-themed coin. This record-high transition has attracted investors in BONK leaving even meme coin market giants like DOGE and SHIB behind.BONK is currently undergoing a robust bullish movement, with the price reaching an exponential high of $0.0000152. Notably, the previous high at $0.0000100 has transformed into a support level. The Relative Strength Index (RSI) is at 89, indicating an overbought zone. The Moving Average Convergence Divergence (MACD) displays extended green histograms, signifying a strong bullish momentum.Bonk was trading at $0.00001210 with a 24-hour trading volume of $184 million. This is a 32.20% gain in the last 24 hours and a 197.21% increase in the last 7 days.BitTorrent (BTT) Price PredictionBTT price rise is a prime example of gain from another’s success. Recently Justin Sun, the CEO of Tron announced that the Tron network has reached 200 million users. This news however didn’t affect Tron but BTT. BTT the native token of BitTorrent was acquired by Tron in 2018.Coming to the technicals, on the daily chart, BTT’s price movement has formed a falling wedge formation, although the current increase in the previous 24 hours can be attributed to surrounding hype.Surprisingly, the token has broken out of its downward pattern, resulting in a 112% bull run in a single week. The RSI (Relative Strength Index) stands at 83. This indicates an overpriced market price, and sellers could enter at any time. The MACD is producing green histograms, indicating a bullish hold.As of writing, BitTorrent (BTT) was trading at $0.000000988935, with a 24-hour dealing volume of $284 million. In the last 24 hours, the price has risen by 28.86%Optimism (OP) Price PredictionThe recent surge in Optimism (OP) came as Kraken started USDT payments through OP FND. This latest news allowed the OP price to rise over the critical resistance zone of $1.828 to $1.883. Following the big increase, the price experienced a slight pullback but has now recovered again with a bull run to $2.On the daily chart, OP has made a breakout through an ascending triangle pattern, which is considered to be a bullish indication. The RSI however came back after touching the upper band of 70 indicating possible selling pressure. The MACD is again indicating a bullish cycle.At the press time, Optimism (OP) price was trading at $2.12, with a 24-hour trading volume of $667 million. This is a 22.12% increase in the previous 24 hours and a 23.42% increase in the last 7 days.#OP #ARB #BTT #BinanceTournament #JTO

The US Securities and Exchange Commission (SEC) has charged Chinese entrepreneur Justin Sun with fraud, alleging that he and his companies Tron Foundation, BitTorrent Foundation, and Rainberry conspired to distribute billions of cryptocurrency assets and artificially inflated trading volumes since August 2017.

The SEC also accused Sun of concealing payment to eight celebrities, including Lindsay Lohan and Soulja Boy, to illegally promote #TRX and #BTT on social media accounts, misleading the public into thinking they had "unbiased interest in TRX and BTT, and were not merely paid spokespersons."

The SEC claims that Sun's activity generated tens of millions of dollars of illegal profit at the expense of other investors. All celebrities charged, except Soulja Boy and Austin Mahone, agreed to settle, without admitting wrongdoing, and paid a total of more than $400,000.

The SEC has been increasing efforts to crack down on the cryptocurrency industry, which SEC Chair Gary Gensler has called a "Wild West" riddled with misconduct.

#SEC #BTC #BNB