PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an April 29 regulatory filing that the SEC concluded its investigation into PayPal USD (PYUSD)…
FTX sues NFT Stars and Kurosemi in push to recover tokens
Bankrupt crypto exchange FTX has filed lawsuits against the non-fungible token marketplace NFT Stars and the blockchain gaming firm Kurosemi, which operates as Delysium, accusing them of withholding tokens they owed.The lawsuits, both filed in the…
UAE Greenlights Stablecoin Issuer Circle as Money Services Provider
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the…
BlackRock files to create digital shares tracking one of its money market funds
Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to maintain a mirror record of share ownership for investors.The DLT shares will…
Only XRP? Expert Claims That’s All You Need To Succeed
Renowned crypto influencer “DustyBC” has caused controversy after stating that owning only XRP might be sufficient for investors to “make it” financially. The bold assertion comes at a time when XRP trades below its all-time…
Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with…
XRP Price Takes a Breather — Can Bulls Bounce Back from Here?
XRP price started a fresh increase above the $2.30 zone. The price is now correcting gains and holding the $2.220 support zone. XRP price started a fresh increase above the $2.30 zone. The price is now trading below $2.2650 and the 100-hourly…
US Treasury’s OFAC can’t restore Tornado Cash sanctions, judge rules
The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado Cash, a US federal court has ruled.Austin federal court judge Robert Pitman said in an April 28…
Strategy’s Bitcoin buys should be ‘super careless’ to pump price — Exec
Key takeaways:Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin.He says that Strategy should consider accelerating purchases as the Bitcoin…
Ethereum Price Shows Strength — Bulls Active and Eyeing Upside
Ethereum price started a downside correction from the $1,850 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820. Ethereum started a downside correction and traded below the $1,800 level. The price is trading…
Xi Jinping Backs BRICS Bank’s Growth as Key Driver for Global South Economies
Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS…
Bitcoin’s Funding Rate Divergence Raises Red Flags as Price Nears Key Resistance
Bitcoin’s price has rebounded strongly over the past week, recovering from a low of $74,000 earlier this month to now trade above the $95,000 mark. This upward movement represents a 12% gain in the past seven days, signaling a potential shift in…
Bitcoin Price Steady Above Key Levels — Ready for a New Push Higher?
Bitcoin price is consolidating gains above the $94,000 zone. BTC is again rising and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $93,850 zone. The price is trading above $94,100 and the 100 hourly…
Sofi Plans Major Crypto Comeback After Regulatory Breakthrough
Sofi is storming back into crypto with full force, leveraging a pivotal regulatory shift to embed digital assets across its financial ecosystem. Regulatory Update Sparks Sofi’s Crypto Reentry Anthony Noto, chief executive officer of fintech company…
Australia’s finance watchdog to crack down on dormant crypto exchanges
Australia’s financial intelligence agency has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled over fears that the dormant firms could be used for scams.There are currently 427 crypto…
Don’t Blink—Dogecoin May Create Millionaires This Quarter, Analyst Says
A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. The meme coin, which is now trading at $0.17, has recorded a 10% gain in the last week and continues to be up 11% over…
Ledger scammers are sending letters to steal seed phrases
Scammers are mailing physical letters to the owners of Ledger crypto hardware wallets asking them to validate their private seed phrases in a bid to access the wallets to clean them out.In an April 29 X post, tech commentator Jacob Canfield shared…
Dedollarization Accelerates: Russian Official Details BRICS Currency Shift
BRICS is surging ahead with unstoppable momentum, rapidly abandoning the U.S. dollar, building resilient payment systems, and forging a historic new economic frontier beyond Western control. Lavrov Confirms BRICS Ditching US Dollar Fast Russian…
Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon
Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of ADA/USD…
Nasdaq Seeks SEC Approval to List Dogecoin ETF Backed by 21Shares
Nasdaq is charging into the future with a groundbreaking proposal to list the 21Shares Dogecoin ETF, unlocking unprecedented access to DOGE through mainstream brokerage channels. Nasdaq Seeks SEC Approval to Launch 21Shares Dogecoin ETF Nasdaq…
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…
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