A group of US House Democrats led by Californian Congressman, Sam Liccardo, reportedly plan to table legislation to ban public office holders from issuing, sponsoring or endorsing cryptocurrencies, securities or commodities. The legislation, known as the Modern Emoluments and Malfeasance Enforcement (MEME) Act is a response to the launch by President Trump and his wife […]
Bitcoin’s continuous price slump finally came to a halt after the asset plunged to $78,000, and it has managed to recover about seven grand since then. The altcoins are also well in the green today, with substantial gains from almost all of them. BTC Rebounds $7K It was a violent week, to say the least, […]
Tremendous amount of meme coins has been burned over past month
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Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one […]
President Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation.
A popular crypto strategist says that the altcoins currently showing market strength despite Bitcoin’s (BTC) downturn may spearhead the next digital asset rally. Pseudonymous analyst Credible Crypto tells his 463,000 followers on the social media platform X that payment tokens Litecoin (LTC) and XRP may soon be top market performers as they hold key support […]
Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has partnered with digital asset infrastructure provider Aquanow […]
TL;DR The SEC has decided that memecoins are not securities, which exempts them from strict financial regulations and classifies them as collectibles. Although not regulated as securities, the SEC will continue to pursue fraud and scams, and other agencies may intervene if they detect deceptive practices. The MEME Act proposal seeks to prohibit public officials […]
The SEC’s changing approach to crypto regulation just gave XRP investors some fresh hope. Ripple CEO Brad Garlinghouse sees this as a sign the agency might be backing off its strict enforcement tactics. Beyond regulatory changes, StratoVM ($SVM) might be making a name for itself as a powerful new Bitcoin Layer-2. Unlike traditional scaling solutions, […]
Key Takeaways: The “Silviculture Society” was launched by the Ethereum Foundation in an effort to safeguard its principles of open source, privacy, security, and anti-censorship. Vitalik Buterin, an Ethereum co-founder, has expressed concern about the crypto industry becoming increasingly obsessed with gambling. The EF demonstrates its support for core values by pledging $1.25M for Tornado Cash developer […]
A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction.