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US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
1.5.2024
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker...
Raoul Pal Signals ‘Banana Zone’ Rally, Predicts Strong ‘Crypto Summer’ for Digital Assets
1.5.2024
With cryptocurrency values on the decline and bitcoin down 13% from a month ago, British financial expert Raoul Pal predicts a rebound during the “Crypto Summer.” According to Pal, this rise will generate widespread excitement, and “everything will get caught up...
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
30.4.2024
On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com regarding the allegations against the company’s...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
30.4.2024
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission...
Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail
30.4.2024
On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coindesk, who reported directly from the courthouse....
Coinbase integrates Lightning Network for Bitcoin transactions
30.4.2024
The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...
Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold
30.4.2024
Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271...
1100x potential return: Will MAGA VP outperform other memecoins
30.4.2024
Amidst the recent outcry on the ‘Bitcoin Halving’ in April 2024, meme coins show tremendous potential. Since its launch in February 2024, the MAGA VP has shown promising signs of significant growth. Looking back, the market cap was at $6.54 M around 24th April and has hovered between $5.14 M...
New Blockchain-AI smart contracts on ICP might boost recovery
30.4.2024
Internet Computer (ICP) recently made a few developments showcasing its first Blockchain AI smart contracts implementation. The DFINITY-powered blockchain network marked a key milestone in integrating Blockchain and artificial intelligence. This is an initiative towards the ambitious goal of...
Helium Network’s HNT token surges 16.7% amid governance voting
30.4.2024
This week was marked by strong tech earnings and mixed economic signals. We saw a major move in the crypto marketplace, with the Helium network native token—HNT—surging 16.7%. This upward movement followed an announcement from the Helium Foundation about voting results and plans for re-voting on...
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
30.4.2024
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice...
SOLWealth to introduce Solana Spot ETF in response to surging demand
30.4.2024
A fresh wave of excitement could be hitting the world of cryptocurrencies with what may be the first-ever Solana spot exchange-traded fund (ETF) in North America. SOLWealth, a Canadian federal corporation that wants to take advantage of investor confidence in digital assets since Bitcoin ETFs were...
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
30.4.2024
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial...
How Is Financial Stability and Gaming Affected by Crypto Progress?
30.4.2024
Recent developments in crypto have had a revolutionary effect, changing the financial landscape and traditional ideas about money and value exchange. The emergence of Decentralized finance (De-Fi) protocols, which provide a broad range of financial services without the need for middlemen like...
2024 crypto trends: PEPE vs MAGA VP (MVP), who will win this bull run
30.4.2024
MAGA VP is a PolitiFi meme token built on the Ethereum blockchain. The token utilizes transaction taxes to offer rewards to holders of MVP tokens, in TRUMP tokens, with the goal of expanding the MAGA TRUMP community. With a market cap of $2.9B, PEPE has been one of the trending meme coins on most...
Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan
30.4.2024
Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey...
Market overview: Solana ($SOL) and SHIB price with MAGA VP’s ($MVP) outstanding 1100x ROI forecast
30.4.2024
Bitcoin Halving has brought a lot of interest to the crypto sphere, with everyone majorly expecting a bull run soon. Solana and MAGA VP are among the top candidates purely because they have demonstrated the potential to fetch high yields. For instance, Solana is backed by robust technology and...
Eigen Foundation launches EIGEN Token and unveils Stakedrop
30.4.2024
The Eigen Foundation, an organization that is self-sufficient and dedicated to promoting the development of EigenLayer, has released a token called EIGEN. This upgrade aims to enable Ethereum to protect its protocols using the so-called “restaking” method as well as a range of protocols...
Bitcoin.org Owner Cobra Warns About Illegalization of Bitcoin Self-Custody in the US
30.4.2024
Cobra, the pseudonymous owner of the Bitcoin.org domain, has voiced concerns about future actions from the U.S. government regarding bitcoin ownership. He anticipates a possible ban on the self-custody of bitcoin even when its application and enforcement might be impractical. Bitcoin.org Owner...