Crypto Chronicles:Bla Bla Bla Day

1-Hawk Tuah Girl: SEC concludes meme coin probe

Haliey Welch, known as the “Hawk Tuah Girl” in a viral video, said the U.S. authorities closed their inquiry into the contentious meme currency with her slogan without taking action.

“For the past few months, I've been cooperating with all the authorities and attorneys, and finally, that work is complete,” Welch told TMZ.

The SEC ended the inquiry without charging Haliey. Since they did not sue her, she has no crypto or securities constraints in the future.

The $HAWK token crashed after its unexpected increase, prompting regulatory attention. The currency rose to approximately $500 million before falling to $3 million. Many investors lost much during the crisis.

Welch avoided SEC fines, but the coin's designers are being sued for issuing the token without regulatory authority.

Welch's sources claim he has cut links with the coin's LLC and won't promote it.

Welch became famous after describing a physical act in a street interview went viral. She used her newfound fame for the “Talk Tuah” podcast and other projects.

Apparently, a “Hawk Tuah” documentary is being made.

The Hawk Tuah currency isn't the only crypto-related issue ignored.

The SEC dropped cryptocurrency investigations and lawsuits against Immutable, Crypto.com, Ripple, and Coinbase.

After Biden appointment Gary Gensler resigned as SEC head, bitcoin firms and entrepreneurs enjoy lighter regulatory scrutiny under the Trump administration.

Since Nov. 5, 2024, crypto businesses including Ripple, Coinbase, Kraken, Robinhood, and Circle have donated seven figures to Trump, according to Politico.

Welch vanished from social media after the Hawk Tuah meme currency collapse, prompting doubts about her role.

Welch seems eager to go ahead despite the turmoil.

“Happy to be starting back up,” she told TMZ.

2-Bitcoin investment by FOMO will ‘accelerate’ into generational riches.

The “Rich Dad Poor Dad” author recommended silver for short-term investments.

“For many, many years I have been recommending people not save ‘fake money’ a.k.a. FIAT government money,” Kiyosaki tweeted on X. For years, I have advised saving actual gold and silver coins. Bitcoin Unfortunately, most individuals labor for and save "fake money."

Traditional currency savers lose buying power due to “government theft known as ‘inflation.'” Kiyosaki stressed this. He advised followers to gather and store gold, silver, and Bitcoin to protect against depreciation.

Kiyosaki was optimistic about silver's chances in the following two months. “Silver costs $35 per ounce. Silver may reach $70 an ounce this year and $200 in a year or two, he said.

A financial instructor emphasized the affordability of silver coins, stating that most people can purchase one today but not tomorrow.

He tweeted on March 24 on psychological hurdles to Bitcoin investment.

3-NFT sales up 4.5% to $102.8m, CryptoPunks sales 140%.

Bitcoin fell below $83,000 in seven days. Meanwhile, Ethereum is about $1,800. The global crypto market valuation fell to $2.71 trillion from $2.77 trillion last week.

CryptoSlam reported $100.9 million in NFT sales last week. This week's result shows a little sector rebound.

NFT buyers have skyrocketed 28.9% to 451,436 and sellers 26.5% to 285,272. However, NFT transactions fell 2.8% to 1,614,680.

Polygon placed second with $18.1 million in revenue, up 33.1%. Solana's revenues declined 4.4% to $8.7 million, lowering its position.

Mythos Chain comes third with $13.7 million in revenue, down 12.8% from the week before. Bitcoin is fourth with $10.1 million, down 40.7% in NFT sales.

Ethereum accounts for most wash trade at $2.6 million, down 9.9% from last week.

With $15.7 million in revenues and a 33.1% rise, Courtyard on Polygon leads collections. DMarket is second with $8.5 million, down 18.3% from last week.

Most notably, CryptoPunks revenue rose 141.4% to $6.3 million. Top NFT sale of the week was CryptoPunks #2967 for 420 ETH ($843,070), highlighting this collection's success.

Guild of Guardians Heroes is fourth with $5.5 million in revenue, down 1.8%. BRC-20 NFTs from Bitcoin round out the top five with $2.7 million in sales, down 19% from the week before.

References

https://crypto.news/nft-sales-recover-8m-cryptopunks-sales-surge-140/

https://crypto.news/kiyosaki-fomo-crowd-investing-in-bitcoin-will-accelerate-into-generational-wealth/

https://crypto.news/hawk-tuah-girl-sec-ends-meme-coin-investigation-work-is-complete/