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Ether ETF approval buzz triggers upswing for BTC, ETH, and DOGE
21.5.2024
There is a fresh buzz around the approval of the Ether ETF. This has triggered massive gains for three specific tokens: Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The ongoing month is bullish, with the potential for every token to bank a new ATH in the next couple of days. In fact, Bitcoin...
Why account abstraction wallets could soon compete with MetaMask?
21.5.2024
Non-custodial wallets have surged in popularity, with MetaMask now serving over 30 million users on a monthly basis. This growth in usage, however, is nowhere near the levels of custodial wallets offered by centralized exchanges such as Binance and Coinbase. The reason? Like any nascent technology...
BEFE coin: A newcomer making headlines in the top 100 meme coin category
21.5.2024
In the present day, as can be seen from this meme coin craziness that has even extended to the traditional stock market, it is important to identify those tokens with the most potential for success in this bull run season. One of these coins is BEFE, whose price forecast proposes that a $100...
Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow
21.5.2024
Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities regulator has requested revised Form 19b-4s from issuers to be submitted...
Bipartisan crypto market structure bill awaits House vote on May 22
21.5.2024
The US House of Representatives will make significant progress this week on a landmark bill that aims to alter the laws concerning cryptocurrencies. Credible reports indicate that Congress will introduce the Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, on May...
Standard Chartered expects SEC to greenlight spot Ether ETF this week
21.5.2024
Many market analysts recently changed their stance after the SEC unexpectedly requested that aspiring Ether exchange-traded fund exchanges update their 19b-4 filings before a deadline this week
Insider trading claims over MAGA token sell-off debunked as MEV bot activity
21.5.2024
An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity
Fidelity Omits Staking From Spot Ethereum ETF Proposal
21.5.2024
Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed...
ZachXBT flags Lazarus-linked addresses worth $61M
21.5.2024
ZachXBT flagged seven wallet addresses with $61 million in Bitcoin connected to the Lazarus hacking group
Central Bank of Brazil Aims to Finalize Crypto Regulations This Year
21.5.2024
The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the rules to welcome VASPs into the country later this...
GALA token drops 15% after $200 million security breach at Gala Games
21.5.2024
In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...
Memecoins experience a downturn, pose questions over portfolios
21.5.2024
The meme coin market briefly crashed, dropping approximately 30% of its value. The market has successfully rebounded, but the question remains: Can it happen again, and are portfolios containing meme coins safe? Technically, yes. Every other context varies based on one’s interpretation....
Ethereum's Dankrad Feist joins EigenLayer, faces community backlash
21.5.2024
Feist's decision to join Eigenlayer as an Advisor follows in the recent controversial footsteps of Ethereum researcher Justin Drake
New York Attorney General Secures $2B Settlement From Failed Crypto Lender Genesis for Victims
21.5.2024
New York Attorney General announced it has secured $2 billion from the bankrupt cryptocurrency firm Genesis Global to help pay back defrauded victims.
The post New York Attorney General Secures $2B Settlement From Failed Crypto Lender Genesis for Victims appeared first on Cryptonews
BONK marks good performance with a strong comeback
21.5.2024
BONK is riding high on the market, demonstrating a possible recovery sentiment. This is evident from the ongoing listed value of $0.00003126. It reflects a surge of 19.75% in the last 24 hours and 34.25% in the last 7 days. There is a notable upswing in market cap and 24-hour trading volume...
Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
21.5.2024
Taiwanese national and darkweb drug dealer Rui-Siang Lin, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
The post Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in...
Nigeria’s SEC-Crypto License
21.5.2024
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...
Is Tether a safe haven in the crypto storm?
21.5.2024
Tether (USDT) is a type of cryptocurrency, and its value is meant to stay close to the U.S. dollar. This makes it easy to transfer money between regular cash and crypto. Lately, crypto prices have swung up and down a lot. This has people wondering if Tether is a safe place to put their money...
Ethereum ETF approval could spark a big bull run for $ETH, Mollars, ERC-20s
21.5.2024
David Han, a Coinbase analyst, suggests that the market might be underestimating the likelihood of a spot Ethereum (ETH) exchange-traded fund (ETF) approval despite the prevailing consensus that such an approval is not imminent. In a recent report, Han asserts that Ethereum might have a favorable...
Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game
21.5.2024
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following...