Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. $LIBRA Scandal: The collapse of the LIBRA token, endorsed by Argentine President Javier Milei, has fueled concerns over memecoin market regulation.

2. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Level Potential Airdrop Guide” to learn more on how to qualify and participate in the Level potential airdrop!

3. Coinbase Launches Solana Futures: Coinbase has introduced Solana futures on its CFTC-regulated exchange, aiming to boost institutional adoption.

4. 💡Feature of the Day - Binance Resumes USD Services in U.S.: After an 18-month suspension, Binance.US has reinstated USD deposits and withdrawals.

   
   All this and more in today’s headlines!

📰 News Highlights:

The $LIBRA Scandal [Source][Source][Source][Source][Source]

The collapse of the Libra token, endorsed by Argentine President Javier Milei, has reignited concerns over the lack of regulation in the memecoin market.

Coin Bureau co-founder Nic Puckrin argued that regulators, particularly the SEC and CFTC, have failed to establish clear guidelines, allowing fraudulent schemes to thrive.

Further controversy emerged when Argentine media reported that Hayden Davis, linked to LIBRA, boasted about paying Milei’s sister to secure the president’s promotion of the token.

Despite Milei’s denial of wrongdoing, LIBRA’s value plummeted 95% from its peak $4.5 billion market cap.

 🪂Airdrop Essentials🎁:

Level Potential Airdrop Guide

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This means users can mint lvlUSD, earn yield, and help secure decentralized networks—all without the volatility of crypto assets like ETH or BTC.

By participating, you might also be eligible for a future airdrop (though not guaranteed).

📖 Read the full guide here: Level Potential Airdrop Guide

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Coinbase SOL Futures [Source][Source][Source]

Coinbase has launched Solana futures contracts on its CFTC-regulated derivatives exchange, aiming to boost institutional adoption of SOL.

These futures products, including standard and retail-friendly contracts, are seen as a key step toward an eventual Solana exchange-traded fund (ETF).

The move aligns with a broader trend of increasing regulatory approval for crypto derivatives, with analysts estimating a 70% likelihood of SOL ETFs gaining approval by 2025.

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💡 Feature of the Day: 

Binance Restores USD Services [Source][Source][Source]

Binance.US has resumed USD deposits and withdrawals after an 18-month suspension due to regulatory hurdles.

The exchange had halted fiat transactions in mid-2023 following an SEC lawsuit accusing Binance of operating without proper registration.

The recent policy shift signals improved regulatory clarity, allowing Binance to reintegrate traditional banking services for US customers.

😂 Crypto Meme of the Day: 

Meme of the day provided by @Milk Road

And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com