Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
In a recent legal update, an attorney filed a motion requesting a deposition from former Binance CEO Changpeng Zhao. As the legal development unfolds, experts believe this case will significantly impact Binance Coin (BNB).
On the other hand, Gala Games recently launched the 4X RPG Eternal Paradox game, driving the GALA token to new highs. Amid these developments, VC Spectra (SPCT) has caught the attention of crypto investors after surging by 862.5% to $0.077 in the presale.
Summary
- Market forecasts indicate BNB coin price will jump to $250.35 by Dec. 31, 2023.
- Analysts predict that GALA will soar to $0.045 by the end of 2023.
- Experts anticipate SPCT will surpass the $0.080 milestone price.
Ex-Binance CEO set for deposition amidst civil lawsuit proceedings
Attorney Adam Moskowitz, renowned for his involvement in civil cases concerning crypto firms, recently filed a motion amid the ongoing legal dispute involving former Binance CEO Changpeng “CZ” Zhao. The motion was presented to the United States District Court for the Southern District of Florida on Dec. 8, 2023, requesting a deposition from Changpeng Zhao.
The decision to submit the deposition motion was prompted by a Washington judge’s directive for Zhao to stay in the U.S. until his scheduled sentencing in February 2024.
In November, U.S. authorities disclosed a $4.3 billion settlement with Binance, leading to CZ’s resignation as CEO and admission of guilt to a felony charge.
The civil case contends that Binance promoted unregistered securities despite the absence of direct involvement by the U.S. Securities and Exchange Commission (SEC) in the settlement with Zhao, Binance, and the government.
Furthermore, Moskowitz underscores the SEC’s ongoing legal action against Zhao and Binance, emphasizing that the regulatory body still upholds accusations regarding the BNB token, linked to Binance, being an unregistered security.
Meanwhile, BNB prices rose from $227.23 to $240.65 between Dec. 1 and Dec. 8. Experts said BNB’s growth is fueled by Bitcoin’s recent price surge and increased trading activity.
As the legal saga unfolds, whether the BNB coin price will remain resilient remains to be seen. BNB price prediction suggests that BNB coin prices can jump to $250.35 by the end of 2023.
Gala Games unveils 4X RPG Eternal Paradox: what’s next For GALA?
On Dec. 6, Gala Games launched Eternal Paradox, the latest game from South Korean developer Ndream. This 4X mobile role-playing game (RPG) enables players to partake in war simulations and turn-based battles, controlling tiered characters known as “Mercenaries.”
It incorporates web3 ownership mechanisms, featuring the native token Eternal Time (ETIME) built on Gala Games’ layer one blockchain GalaChain. The token serves as the force behind the Eternal Paradox ecosystem. It also allocates rewards to players, encompassing in-game assets, upgrades, and unique Mercenaries minted as non-fungible tokens (NFTs).
Eternal Paradox is downloadable for mobile devices from the Google Play Store, Apple App Store, and Gala Games platform. While PC play support is anticipated, it’s important to note that the game is currently unavailable in certain countries, including South Korea.
On-chain metrics reveal that GALA soared from $0.025 to $0.037 in the past week. According to experts, GALA’s bullish momentum is linked to positive market sentiment, with developers and gamers constantly utilizing GALA’s robust network.
As Gala expands its utility and upgrades, experts predict GALA will reach $0.045 by the end of 2023.
VC Spectra on the rise
The crypto market has fundamentally reshaped traditional investments, presenting a dynamic landscape where innovation meets unprecedented potential.
In this paradigm shift, VC Spectra leverages the capabilities of artificial intelligence (AI) to drive profits and reduce risks.
The platform also enforces resilient risk management principles, directing capital towards portfolio companies focusing on ensuring sustainability.
VC Spectra investors receive quarterly dividends and buybacks. The platform extends full access to diversified portfolios, early-stage blockchain ventures, and startups.
In stage 5 of the SPCT presale, the token is available for $0.077, up 862.5% from $0.008 in stage 1. Analysts forecast SPCT to breeze above $0.080 by the end of the presale.
Learn more about the VC Spectra presale here:
Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
X: https://twitter.com/spectravcfund
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Credit: Source link