US House Members Call for Investigation into Trump’s Memecoin Dinner A group of US House Representatives is calling for an investigation into a dinner hosted by Donald Trump for his top memecoin investors. The representatives are concerned about potential foreign influence and violations of the US Constitution’s emoluments clause. This news comes amid ongoing discussions…
Bitcoin’s Price Momentum Cools as Short-Term Holders Take Profit Bitcoin (BTC) recently surged to a new all-time high, but on-chain data suggests the bullish momentum might be slowing. Short-term holders are taking profits, and technical indicators point to a potential “breather” in the market. This analysis provides a review of the current market trends, potential…
Bitcoin’s Dip and Altcoin Resistance: A Crypto Market Overview The cryptocurrency market is showing signs of volatility as Bitcoin experienced a slight dip, while several altcoins face resistance at key levels. Investors are closely watching these movements to gauge the potential direction of the market. This analysis explores recent price actions and potential future trends…
Bitcoin’s Dip and Altcoin Resistance: A Crypto Market Overview The cryptocurrency market is showing signs of volatility as Bitcoin experienced a slight dip, while several altcoins face resistance at key levels. Investors are closely watching these movements to gauge future trends. Here’s a quick rundown of what’s happening, according to a recent report. Key Takeaways:…
Crypto Funds Surge as Investors Seek Refuge from Fiat Debasement The crypto market is heating up, with significant inflows into digital assets and renewed interest from investors. As traditional currencies face debasement, many are turning to cryptocurrencies and NFTs as potential safe havens. Here’s a breakdown of the latest developments. Crypto Market Rebound After a…
Ben Goertzel’s Vision: Decentralized AI for Humanity’s Future For three decades, computer scientist Ben Goertzel has been a staunch advocate for decentralized artificial intelligence (AI). As the world edges closer to Artificial General Intelligence (AGI), Goertzel believes that the control and development of this technology must be distributed to prevent misuse and ensure its benefits…
Bitcoin’s Bull Market: Fidelity Research Highlights Maturing Market and Widening Adoption The current Bitcoin bull market is not just about price increases; it reflects a fundamental shift in how investors perceive and interact with Bitcoin. A recent report by Fidelity Digital Assets delves into this evolving landscape, highlighting key indicators of a maturing market and…
Bitcoin Reacts to Trump’s Tariff Announcement, Triggering Market Volatility Bitcoin, along with other risk assets, experienced a jolt of volatility following President Trump’s announcement regarding potential tariffs on the European Union. This move led to a temporary dip in the Bitcoin price before it recovered. Here’s a breakdown of what happened. Bitcoin’s Price Fluctuations Bitcoin’s…
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…
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…
