Trump’s Memecoin Dinner: A Meeting of Crypto and Politics A recent dinner hosted by former US President Donald Trump at his Virginia golf course has stirred up quite a buzz in the crypto world. The exclusive event brought together the top 220 holders of the TRUMP memecoin for a meet-and-greet, sparking discussions about crypto policy…
Ethereum Eyes $4,000 as Transaction Fees Surge Ethereum (ETH) is showing strong bullish signals, potentially setting the stage for a rally toward $4,000. A key factor supporting this outlook is the increase in transaction fees, reflecting heightened network activity. This surge, combined with other positive indicators, suggests growing confidence in the Ethereum network. As reported…
US Seizes $24M in Crypto Linked to Qakbot Malware Developer The U.S. Department of Justice (DOJ) is making moves in the fight against cybercrime. They’ve filed a civil forfeiture complaint targeting Rustam Rafailevich Gallyamov, a Russian national accused of being the mastermind behind the Qakbot malware. The DOJ aims to seize over $24 million in…
Cetus Recovery Plan on Sui Echoes Solana’s Strategy After $223 Million Exploit The decentralized exchange (DEX) Cetus, based on the Sui network, is employing a recovery strategy that bears a striking resemblance to one previously used by a Solana project. This approach involves offering a bounty to the hacker in exchange for the return of…
US Senate Advances Stablecoin Bill: A Step Towards Crypto Regulation The United States is taking significant steps toward regulating the crypto space. Recent legislative actions signal a growing understanding and acceptance of digital assets like Bitcoin and stablecoins within the government. This week saw substantial movement on both stablecoin and blockchain-related bills, potentially setting the…
Ledn Ditches Ethereum, Embraces Full Custody Bitcoin Lending Ledn, a digital asset lender, is making significant changes to its business model by focusing exclusively on Bitcoin (BTC) and adopting a full custody approach. This shift involves discontinuing support for Ethereum (ETH) and ensuring that Bitcoin collateral is securely held, according to a recent announcement. This…
Bitcoin ETFs Surge Towards Record Month Amidst Institutional Demand The world of cryptocurrency is buzzing as U.S. spot Bitcoin ETFs are on track to potentially break records this month. Fuelled by increasing institutional interest, Bitcoin has seen impressive gains, reaching new all-time highs. This surge highlights the growing mainstream acceptance of Bitcoin as a viable…
AI Firm Genius Group Resumes Bitcoin Buys After Court Ruling Genius Group, a Singapore-based artificial intelligence firm, has recently increased its Bitcoin holdings. This move comes after a temporary ban that restricted the company from expanding its Bitcoin treasury. The firm has resumed its Bitcoin accumulation strategy following a favorable ruling by the US Court…
CZ Zhao Denies WSJ Report Linking Him to Trump-Affiliated Crypto Project Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, is pushing back against a recent report in The Wall Street Journal (WSJ) that suggests he played a key role in facilitating deals for World Liberty Financial (WLF), a decentralized finance project with ties…
Bitcoin’s Wild Ride: New Highs and Overheating Concerns Bitcoin (BTC) has been making headlines again, hitting a new all-time high recently. But is the rally sustainable, or is the market getting overheated? This article breaks down the latest analysis and indicators to give you a clearer picture. On May 22, Bitcoin’s price reached $111,970, before…
Cetus Offers $6M Bounty After $220M Hack; Sui Faces Decentralization Debate The crypto world is buzzing after a major security breach on the Sui Network. Cetus, a decentralized exchange (DEX) native to Sui, experienced a significant exploit resulting in the theft of over $220 million in cryptocurrency. In response, Cetus has offered a substantial $6…
Hyperliquid Supports 24/7 Crypto Trading in Comments to CFTC The decentralized finance (DeFi) landscape is constantly evolving, and regulatory bodies are increasingly paying attention. Hyperliquid, a decentralized perpetuals exchange, has recently submitted comments to the United States Commodity Futures Trading Commission (CFTC) regarding 24/7 derivatives trading. This move highlights the ongoing dialogue between crypto platforms…
Bitcoin Bulls Stay Strong as Price Hits New Highs Bitcoin continues to show strong buyer interest as it reaches new all-time highs. Recent analysis indicates that this bullish trend may persist, driven by significant buyer dominance in the market. This contrasts with previous rallies, suggesting a potentially stronger foundation for continued growth in the crypto…
Tether’s Stance Against MiCA: A Detailed Look The crypto world is buzzing about Tether’s decision to not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation. MiCA is a comprehensive attempt to regulate the crypto space, with a significant focus on stablecoins like Tether’s USDT. But why is Tether, a major player in the…
US Big Banks Eye Joint Crypto Stablecoin: A New Era for Digital Finance? The world of crypto is buzzing with news that some of the biggest banking institutions in the United States are in preliminary discussions about launching a joint crypto stablecoin. This move signals a growing interest in digital assets among traditional financial players,…
Fake Ledger Live Apps Target Crypto Users on macOS Cybercriminals are increasingly targeting cryptocurrency users, and a new threat has emerged for those using macOS. Hackers are distributing malware disguised as legitimate Ledger Live apps to steal seed phrases and drain crypto wallets. This review breaks down the details of this scam and how to…
Bitcoin Futures Open Interest Reaches Record High, Signaling Increased Market Speculation The Bitcoin market is currently buzzing with activity as futures open interest (OI) has surged to unprecedented levels. This indicates that traders are increasingly betting on Bitcoin’s future price, anticipating further gains. However, this also brings potential risks, as high leverage can lead to…
Trendspotting in Crypto: Finding the Next Big Thing The crypto market is a crowded and rapidly evolving space, but some investors consistently identify promising projects early on. These trendspotters understand on-chain data, tokenomics, and development activity, allowing them to spot opportunities before the hype sets in. This guide explores how to find crypto projects with…
Swedish Health Firm H100 Group Sees Stock Surge After Bitcoin Investment The world of cryptocurrency continues to intertwine with traditional markets, leading to some interesting developments. Recently, a Swedish health tech company and a Chinese electric vehicle retailer have made headlines with their forays into Bitcoin. This move has sparked significant market reactions, demonstrating the…
Crypto Perpetual Futures Could Soon Be Trading in the US, Says CFTC Commissioner The United States might soon see crypto perpetual futures trading on its soil. According to outgoing Commodities and Futures Trading Commission (CFTC) Commissioner Summer Mersinger, regulatory approval for these products could be just around the corner. As reported by Cointelegraph, Mersinger highlighted…
