Ryan Salame, once a high-ranking executive at the cryptocurrency exchange FTX, has been sentenced to more than seven years in prison for fraud charges and conspiracy to operate unlicensed money-transmitting business, the Financial Times reported. Salame’s Guilty Plea and Sentencing Ryan Salame, aged 30, pled guilty to election fraud charges and conspiracy to operate an […]

A recent market report by research firm Kaiko noted how Grayscale’s Spot Ethereum ETF could have a negative impact on Ethereum’s (ETH) price. This is based on the firm’s expectations that Grayscale’s Ethereum Trust (ETHE) could follow a similar path to Grayscale’s Bitcoin Trust (GBTC). Ethereum Could Face Significant Selling Pressure From Grayscale’s Outflows Kaiko […]

Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs.

TL;DR Fantom partners with Google Cloud to improve AI infrastructure and capabilities. Google Cloud will be a validator on the Opera network and will migrate to the Sonic network. Google Cloud will offer $200,000 in credits to dApps that move to Sonic. The Fantom Foundation has announced a strategic partnership with Google Cloud to improve […]

Recent data from Santimentfeed reveals a significant surge in active $MAGA addresses, skyrocketing nearly 300% from 626 on Saturday to 2,498 on Monday. This increase in activity supports a bullish outlook for the memecoin, reflecting heightened investor interest and market engagement. @santimentfeed data reveals an increase in active $MAGA addresses, jumping nearly 300% from 626 […]

Cryptocurrency executive, who owns Canaan Airfield, sentenced to 90 months behind bars. Ryan Salame still owns Canaan's Triumph Airfield. By …

European Union (EU) researchers think the convergence of blockchain technology and artificial intelligence (AI) could have “significant potential.” In a new report, the EU’s Blockchain Observatory and Forum (EUBOF), an initiative that monitors distributed ledger developments across the continent, probed the current regulatory status of crypto assets in the 27 EU member states, as well […]

Semler Scientific, Inc. (Nasdaq: SMLR), known for its healthcare solutions to combat chronic diseases, has announced a significant shift in its treasury strategy. The company’s board of directors has adopted Bitcoin as its primary treasury reserve asset, alongside a substantial purchase of 581 Bitcoins for an aggregate amount of $40 million, inclusive of fees and […]

Solana’s token mechanism is set for a massive shake-up. Originally, priority fees were split 50/50 between validators and being burned, helping facilitate a deflationary currency. The changes will now ensure 100% of priority fees collected are distributed to the relevant validators. The community is undecided on the changes, with many claiming it will improve decentralisation […]

SEC’s unexpected partial approval for spot ETH ETFs has markedly shifted Ethereum’s market sentiment, with full trading pending further S-1 approvals. Modifications in ETF filings and a rise in approval odds have spiked ETH’s volatility, indicating heightened market anticipation and stress. Potential significant outflows from Grayscale’s ETHE could pressure ETH prices, although the broader market […]

The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline Cryptocurrency-Related Bank Transfer Requests London-based digital bank Kroo has barred its customers from […]

Timing of transaction particularly intriguing

[PRESS RELEASE – Hong Kong, Hong Kong, May 28th, 2024] Term Structure, a non-custodial fixed-income protocol that provides fixed rates, fixed terms, and peer-to-peer borrowing and lending on Ethereum, is excited to announce significant updates and upcoming features as it gears up for the upcoming Mainnet launch. These developments demonstrate Term Structure’s commitment to revolutionizing […]

XRP price again struggled to continue higher above the $0.540 resistance. It is now consolidating near $0.5320 and might aim for an upside break. XRP is still facing many hurdles near the $0.5420 zone. The price is now trading near $0.5320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]

Experts discovered personal information about the attacker by investigating IP addresses and device data connected to the attack.

CORE cryptocurrency takes flight with a 20% rise in 24 hours! Get in on the action as Coinbase teases its exclusive listing.

In a dramatic turn of events, the memecoin market witnessed a significant setback as Normie (NORMIE) fell victim to a severe exploit that wiped out nearly 99% of its value in just one day. Following the attack, NORMIE’s market capitalization plummeted to a mere $2,700 at press time, causing panic among its holders and investors. […]

Metaplanet Inc. (TSE Standard: 3350), a Japanese publicly traded company, has announced a significant enhancement to its Bitcoin holdings. In a recent board of directors meeting, the company resolved to purchase an additional ¥250 million, currently worth $1.6 million USD, worth of Bitcoin. JUST IN: 🇯🇵 Japanese public company Metaplanet to buy another ¥250 million worth […]

Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including several use cases like tokens, NFTs, and defi, with Bitcoin at […]

Do Cardano (ADA) or Binance Coin (BNB) have enough strength for upward move?

Presidential candidate Donald Trump’s crypto holdings passed the $10 million mark early this week, data from blockchain “de-anonymizing” platform Arkham. The former president’s gains were largely driven by the price appreciation of MAGA (TRUMP), a memecoin inspired by Trump himself. At time of publishing, Trump holds $7.1 million worth of TRUMP, $1.83 million worth of […]

One widely followed crypto analyst thinks three leading altcoins are soon to enter bullish phases. Crypto trader Ali Martinez tells his 62,900 followers on the social media platform X that the decentralized supply chain management platform VeChain (VET) is on the verge of lift-off after a successful retest of a parallel channel. “Like in the previous bull […]

In a new filing related to Coinbase’s request for an appeal in its legal battle with the SEC, the exchange has challenged the regulator’s interpretation of the Howey test. Coinbase says the SEC’s opposition to its appeal request fails to address the critical question of “whether a digital asset transaction carrying no post-sale obligations can […]

Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There was a break […]

SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190.

On May 28, on-chain analysts observed that Mt. Gox distributions appeared to be underway. Around 42,900 BTC worth around $2.9 billion was being moved at the time though there could be as much as $6 billion worth. Analyst James Check said that the Mt. Gox event is going to be “a fantastic case study for […]

The Senate Committee on Capital Markets on Monday called for the regulation of cryptocurrency to ensure some level of accountability and …

Jay Clayton, the former Chair of the U.S. Securities and Exchange Commission (SEC), says it’s inevitable that a spot Ethereum (ETH) exchange-traded fund (ETF) will go live on American stock exchanges. In a new interview on CNBC television, Clayton notes that the SEC has already approved the product itself, and will likely proceed to approving […]

The founders of crypto analytics platform Glassnode are predicting that Bitcoin (BTC) will vastly outperform gold for the remainder of the current bull cycle. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that the BTC/gold ratio could more than double in the coming […]

TL;DR The Polkadot community has approved the JAM update, highlighting its decentralized governance. The update includes significant technical improvements and a 10 million DOT prize for developers. The implementation of JAM is expected to positively influence the price of DOT. The Polkadot community has taken a decisive step into the future with the approval of […]

Over the past week, the value of ENA has surged by 12%, bringing it close to the $1 milestone. Despite this bullish trend, some notable market movements have been recorded as the new trading week begins, with ENA showing stability amidst both inflows and outflows. https://x.com/ai_9684xtpa/status/1794932147540906169?t=YSXau2pRRp2IyizasLYHng&s=19 One significant transaction involved the address 0xa7D…892e7, which recently […]

The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs to implement more detailed and stricter requirements for digital transactions. The directive’s […]