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IDEAS (IDEAS) is a cryptocurrency launched in 2021. IDEAS has a current supply of 300.00M with 0 in circulation. The last known price of IDEAS is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.ideastoken.com.

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IDEAS Price Statistics
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Updated Dec 19, 2023 2:21 am
Mkt Cap $0
There's nothing here for now
Ether Price Rises Following SEC's Decision Not to Enforce Action Against Consensys
Ether Price Rises Following SEC's Decision Not to Enforce Action Against Consensys
According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into technology incubator company, Consensys, and has decided not to recommend any enforcement action against it. This news led to a rise in the price of ether. Consensys, known for products like the MetaMask wallet, received two letters from the SEC confirming the end of the investigation. The SEC stated that it was 'closing its investigation into Ethereum 2.0.' The letters, titled 'Re: In the Matter of Ethereum 2.0 (C-08950),' did not explicitly mention the blockchain associated with the second-largest cryptocurrency by market capitalization. One of the letters read, 'We have concluded the investigation in the above-referenced matter. Based on the information we have as of this date, we do not intend to recommend an enforcement action by the Commission against your client, Consensys Software Inc.' However, the SEC clarified that the conclusion of an investigation does not mean there will never be an enforcement action. The Commission may advise a person under inquiry that its formal investigation has been terminated, but this does not indicate that the party has been exonerated or that no action may ultimately result from the staff’s investigation of that particular matter. A second letter from the SEC reiterated the conclusion of the investigation and disagreed with any factual statements or legal conclusions expressed by Consensys' own attorneys in a letter sent to the regulator asking about ETH's status as a security given the SEC's approval of certain spot ether exchange-traded fund application filings. Consensys had previously sued the SEC in April, alleging that the regulator was investigating whether Ethereum, post-merge, might be a security. Following the SEC's decision, ether's price rose by as much as 2.6%, according to data from TradingView. It has increased around 3% over the last 24 hours, as per data from CoinGecko. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has added 1.2%.
Jun 19, 2024 5:24 pm

Frequently Asked Questions

  • What Is IDEAS (IDEAS)?

    IDEAS is a decentralized application platform designed to be a shared space that works on cryptocurrency and brings together entrepreneurs, investors, and skills.

    On the IDEAS Platform users can: Post their projects to find ‎interested investors. Borrow crypto from other users. Apply for donations to their causes or projects. Post jobs assignment to find interested freelancers.

    IDEAS is an ERC20 token that functions on the Ethereum blockchain, and is used for:

    • Fees for processing transactions and storing data.
    • Used for governance votes to determine some functionalities on the platform.
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  • How Many IDEAS Are There in Circulation?

    IDEAS has a fixed supply of 300 Million tokens, no more additional tokens can be minted. IDEAS will have a burn mechanism that will be automatically functional inside the platform, which renders the token Deflationary.

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  • Who Are the Founders of IDEAS?

    IDEAS is a decentralized project that is not owned by any organization, it is created to be ‎owned and controlled by its own community. IDEAS team has renounced the ownership of the contract. IDEAS team will work on the project until the point where the project can survive through the participation of its own community. The code will be open source for the community to participate in developing the project, and the decentralized platform will be totally controlled by the holders.

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  • What is the all-time high price of IDEAS (IDEAS)?

    The all-time high of IDEAS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of IDEAS (IDEAS) is 0. The current price of IDEAS is down 0% from its all-time high.

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  • How much IDEAS (IDEAS) is there in circulation?

    As of , there is currently 0 IDEAS in circulation. IDEAS has a maximum supply of 300.00M.

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  • What is the market cap of IDEAS (IDEAS)?

    The current market cap of IDEAS is 0. It is calculated by multiplying the current supply of IDEAS by its real-time market price of 0.

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  • What is the all-time low price of IDEAS (IDEAS)?

    The all-time low of IDEAS was 0 , from which the coin is now up 0%. The all-time low price of IDEAS (IDEAS) is 0. The current price of IDEAS is up 0% from its all-time low.

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  • Is IDEAS (IDEAS) a good investment?

    IDEAS (IDEAS) has a market capitalization of $0 and is ranked #4719 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze IDEAS (IDEAS) price trends and patterns to find the best time to purchase IDEAS.

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