Impressive Newcomer Big Eyes Coin Raises over $22 Million in Preparation For Launch: How Bitcoin And Ethereum Compare
Both the UK and US Governments Announce Crypto Regulation Plans
Crypto has enjoyed a lucrative couple of years after the most recent bubble of 2020. But in the wake of the collapse of FTX and the Sam Bankman-Fried scandal in late 2022, there have been a lot of questions regarding crypto’s future as a valid currency. The Biden Administration in the US has revealed its road map to the regulation of cryptocurrencies, while the Treasury in the UK has published proposals that they suggest will help manage the volatile nature of the market. This news comes as one of the biggest and most promising presales the market has ever seen comes very close to its end target by raising $22 million. Despite how it seems on the surface, the news of regulation isn’t necessarily something to worry about – it could bring a lot of positive energy back to a market in need.
Bitcoin and Ethereum Power Through
As the highest valued tokens such as Bitcoin (BTC) and Ethereum (ETH) made remarkable comebacks and surged high this month, discussions were had in the US about stepping up the efforts to regulate them and the market as a whole, with the implication that a financial meltdown was impending. On the other side of the pond in the UK, ministers had a similar conversation, suggesting that existing regulations be reinforced rather than creating new ones. They reassured any investors paying attention that this was to allow crypto to benefit from the credibility and clarity set out in FSMA 2000, the Financial Services and markets Act. These governments do not wish to put an end to buying and trading, but rather to assure the safety of investors and their finances. Bitcoin has been in fluctuation for a while since 2021 which raised concerns, but with its value up 50% in January, it seems confidence has returned to it. Ethereum has been in a similar position with its own inconsistency but has also surged in January with a strong sell wall.
Big Eyes Coin Remains Strong
In the face of this news, investors of Big Eyes Coin (BIG) seem to be unphased by the news as its amount raised has continued to rise consistently. Going up by millions daily, the current number of $ 21.5 Million will no doubt continue to grow by the hour. Being a meme coin, Big Eyes has the benefit of not being too serious and can enjoy its fun persona without having to overcompensate on the business side of things. That isn’t to say that Big Eyes isn’t projected to be a respectable and viable token, with a big part of its image being philanthropy and the generous 70% distribution of its overall supply to buyers. Regardless of what changes are made to the market moving forward should the regulations be put into place, Big Eyes is expected to have a successful launch that continues to grow as its community maintains support.
If the notion western governments have made about regulations being beneficial to the market and investors is true, everything should go well in 2023 for Crypto, especially the steadfast meme coin Big Eyes in preparation for its launch. There are now less than 30 hours left on their final code, LAUNCHBIGEYES200, which offers a 200% bonus on purchases for presale buyers.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
The post Impressive Newcomer Big Eyes Coin Raises over $22 Million in Preparation For Launch: How Bitcoin And Ethereum Compare appeared first on Analytics Insight.
Both the UK and US Governments Announce Crypto Regulation Plans
Crypto has enjoyed a lucrative couple of years after the most recent bubble of 2020. But in the wake of the collapse of FTX and the Sam Bankman-Fried scandal in late 2022, there have been a lot of questions regarding crypto’s future as a valid currency. The Biden Administration in the US has revealed its road map to the regulation of cryptocurrencies, while the Treasury in the UK has published proposals that they suggest will help manage the volatile nature of the market. This news comes as one of the biggest and most promising presales the market has ever seen comes very close to its end target by raising $22 million. Despite how it seems on the surface, the news of regulation isn’t necessarily something to worry about – it could bring a lot of positive energy back to a market in need.
Bitcoin and Ethereum Power Through
As the highest valued tokens such as Bitcoin (BTC) and Ethereum (ETH) made remarkable comebacks and surged high this month, discussions were had in the US about stepping up the efforts to regulate them and the market as a whole, with the implication that a financial meltdown was impending. On the other side of the pond in the UK, ministers had a similar conversation, suggesting that existing regulations be reinforced rather than creating new ones. They reassured any investors paying attention that this was to allow crypto to benefit from the credibility and clarity set out in FSMA 2000, the Financial Services and markets Act. These governments do not wish to put an end to buying and trading, but rather to assure the safety of investors and their finances. Bitcoin has been in fluctuation for a while since 2021 which raised concerns, but with its value up 50% in January, it seems confidence has returned to it. Ethereum has been in a similar position with its own inconsistency but has also surged in January with a strong sell wall.
Big Eyes Coin Remains Strong
In the face of this news, investors of Big Eyes Coin (BIG) seem to be unphased by the news as its amount raised has continued to rise consistently. Going up by millions daily, the current number of $ 21.5 Million will no doubt continue to grow by the hour. Being a meme coin, Big Eyes has the benefit of not being too serious and can enjoy its fun persona without having to overcompensate on the business side of things. That isn’t to say that Big Eyes isn’t projected to be a respectable and viable token, with a big part of its image being philanthropy and the generous 70% distribution of its overall supply to buyers. Regardless of what changes are made to the market moving forward should the regulations be put into place, Big Eyes is expected to have a successful launch that continues to grow as its community maintains support.
If the notion western governments have made about regulations being beneficial to the market and investors is true, everything should go well in 2023 for Crypto, especially the steadfast meme coin Big Eyes in preparation for its launch. There are now less than 30 hours left on their final code, LAUNCHBIGEYES200, which offers a 200% bonus on purchases for presale buyers.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
The post Impressive Newcomer Big Eyes Coin Raises over $22 Million in Preparation For Launch: How Bitcoin And Ethereum Compare appeared first on Analytics Insight.
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