Be persistent with the SEC, says Franklin Templeton digital asset head
[Jun 1, 2024 12:28 AM] The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.
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SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
[May 31, 2024 11:33 PM] The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated…
Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto
[May 31, 2024 9:16 PM] The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000…
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
[May 31, 2024 7:22 PM] A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind…
Estonian Nationals Extradited to US for $575M Crypto Fraud
President Biden Vetoes SEC SAB 121 Repeal Resolution
[May 31, 2024 6:02 PM] U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of…
UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal
[May 31, 2024 6:00 PM] In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model. Meanwhile, the company…
New York Tightens Customer Service Regulations for Crypto Companies
[May 31, 2024 5:11 PM] The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair…
Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low
[May 31, 2024 5:00 PM] Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with…
Crypto Re-Staking Platform Attracts $18.8 Billion
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
[May 31, 2024 3:11 PM] Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a…
Bitcoin vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%
Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui
[May 31, 2024 1:36 PM] Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging…
Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale
Market Analysis: How Will Mt. Gox’s Bitcoin Distribution Affect Crypto Prices?
[May 31, 2024 12:30 PM] As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term…
Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets
[May 31, 2024 11:50 AM] Following the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket shows Trump still…
Transak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution
[May 31, 2024 11:14 AM] Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on…
Crypto Analyst Reveals Why $69,000 Is Very Important In The Grand Scheme Of A Bitcoin Recovery
[May 31, 2024 11:00 AM] Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range. A Breakout Above $69,000 Could…
Bitdeer Announces $100 Million Investment From Tether
[May 31, 2024 9:44 AM] On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in…
Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach
[May 31, 2024 9:11 AM] DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of…
Rumor Of Apple Partnership Sends Crypto Altcoin Soaring By 20%
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
[May 31, 2024 8:30 AM] This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58…
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
[May 31, 2024 7:31 AM] According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the…
Near Protocol Breaks Out From Wedge Pattern: Why This Could Trigger A 37% Crash
[May 31, 2024 7:30 AM] Near Protocol has had a good year in 2024 so far and has continued to hold up quite nicely despite the multiple crashes that have rocked the market. However, it seems that the altcoin may have exhausted its runway, as a crypto analyst believes its…
Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation
Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
[May 31, 2024 6:04 AM] Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power…
Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets
[May 31, 2024 6:00 AM] The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking…
Crypto market braces for $875M token unlocks in June
[May 31, 2024 4:47 AM] Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end.
Can DEX Boom Save Cardano? ADA Seeks Recovery As Trading Activity Surges
[May 31, 2024 2:20 AM] Cardano (ADA), the smart contract platform, has been facing a rough patch recently. While the broader DeFi sector has seen an uptick in DEX volumes, Cardano’s Total Value Locked (TVL) has plummeted, raising concerns about the health of its…
Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and Nubank
[May 30, 2024 11:36 PM] Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding…