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Nike Faces $5M NFT Meltdown Lawsuit


Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they were misled into buying what they...

Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes


Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US jobs, raising investors’ hope for Fed interest rate cuts. According to Fidelity Digital Assets, Bitcoin’s (BTC) mid-term...

Crypto Markets Echo Wall Street’s Modest Gains Amid Trade Policy Fog


On Tuesday, the crypto economy edged 0.51% higher over the past 24 hours, cruising at a valuation of $2.98 trillion, with bitcoin ticking up 0.5% and ethereum climbing 1.5% in the same window. Meanwhile, SAFE token vaulted more than 23% today, while AI16Z appreciated by 9.29% against the U.S....

Historic: AI Will Begin Developing Laws in the UAE


The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis. UAE Enables AI Interaction in Lawmaking With New Smart Legislative System Artificial Intelligence (AI) has begun...

Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center


Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction...

Regulatory Delay Hits Franklin Templeton’s XRP ETF Listing Bid


The U.S. Securities and Exchange Commission (SEC) has delayed a decision on whether to approve the listing of Franklin Templeton’s proposed exchange-traded fund (ETF) tied to XRP, extending its review period by 45 days. SEC Takes Additional 45 Days to Assess Franklin XRP Fund Filing The...

Bitcoin price always rallies at least 50% after these two patterns emerge


Key takeaways:Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals.In three separate 7-week periods, Bitcoin rose 50% to 84%.Upcoming speeches from Fed Chair Jerome Powell could benefit Bitcoin price.Bitcoin (BTC) price...

Bitcoin price always rallies at least 50% after these two patterns emerge


Key takeaways:Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals.In three separate 7-week periods, Bitcoin rose 50% to 84%.Upcoming speeches from Fed Chair Jerome Powell could benefit Bitcoin price.Bitcoin (BTC) price...

Markets Waver as US Treasury Chief Talks Tough on China Trade Risks


U.S. Treasury Secretary Scott Bessent, the 79th Secretary of the Treasury, addressed trade tensions with China during a White House press conference, emphasizing that Beijing faces severe economic consequences if tariffs remain high. ‘Certainty Not Necessarily Good’: Bessent Defends Strategy Amid...

BTC Holds Firm at $95K as Bitcoin ETFs Gain Ground on Gold ETFs


Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs. Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K London-based Standard Chartered Bank published research on Tuesday showing a migration of investor...

P2P.org Joins TRON Network as Newest Super Representative


This content is provided by a sponsor. PRESS RELEASE. George Town, Grand Cayman, Cayman Islands – April 29, 2025 – P2P.org, a leading validation and staking provider across multiple blockchain networks, has been officially elected as a TRON Super Representative (SR), supporting TRON’s mission...

XRP Price Watch: Traders Brace for Breakout as Volume Patterns Shift


XRP traded at $2.29 on April 29, 2025, with a market capitalization of $133 billion and a 24-hour trading volume reaching $2.82 billion. Over the past 24 hours, XRP moved within an intraday price range of $2.26 to $2.31, suggesting a phase of minor volatility amid broader consolidation patterns....

Tangem Announces Self-Custodial Visa Card Using Cold Wallet Chip


Swiss-based fintech company Tangem aims to launch Tangem Pay in 2025, a Visa card embedded with a cold wallet chip that enables self-custodial crypto spending without intermediaries. Tangem Pay Targets Crypto Users Seeking Direct Spending Control Tangem, a Zug-based hardware wallet manufacturer...

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