Two US lawmakers, Senators Cynthia Lummis and Ron Wyden, have recently taken a stand against the Department of Justice’s attempt to expand the definition of a money-transmitting business. They argue that the DOJ’s broad interpretation could potentially criminalize non-custodial crypto asset software services. The Senators emphasized that such an expansive interpretation contradicts both the clear
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CoinGate, a blockchain payment processor, has recently announced the addition of Shiba Inu as a payment method, further integrating it with Polygon and Binance Smart Chain. This move has sparked interest in the cryptocurrency community, especially as SHIB’s price experienced an uptick and its market capitalization reached nearly $14 billion. CoinGate, a well-known blockchain payment
In the world of cryptocurrency, meme coins have gained significant traction as traders look for high-risk, high-reward investment opportunities. As the market rebounds and important US economic data releases loom, meme coins such as Dogecoin, Shiba Inu, and Pepe have emerged as potential candidates for the best crypto to buy now. These meme coins, known
In the world of meme coins and cryptocurrency, Roaring Kitty has once again made a significant impact with his return to trading. The resurgence of GME’s stock price, along with the launch of various new coins, has created a bullish market reminiscent of the events of 2021. One particular standout performer in this current market
Bitcoin’s price has been struggling to maintain an upward trajectory after falling from the $75K level. Despite being trapped in a descending channel pattern on the daily chart, the momentum does not appear to be overwhelmingly bearish. The $60K support zone has proven to be strong, preventing the price from dropping significantly. As the market
Amidst the market turbulence and uncertainty surrounding Bitcoin’s future, cryptocurrency analyst and trader, Crypto Jelle, remains optimistic about the digital currency’s trajectory. Despite the recent consolidation phase, Jelle believes that Bitcoin’s bull run is far from over and foresees the potential for further price rallies in the coming months. Following the fourth Bitcoin Halving event,
As crypto analyst Ali Martinez has pointed out, Bitcoin’s journey to $76,000 is contingent upon its ability to reclaim key support levels. Martinez emphasizes the importance of Bitcoin reclaiming $64,290 as support in order to pave the way for a potential rise to $76,610. Failure to surpass this crucial level could spell trouble for the
Big Time, a popular fantasy game, has recently implemented a VIP program to reward its most devoted players with exclusive benefits. The program is tied to the $BIGTIME tokens that players collect from boss chests while playing the game. The VIP program offers players various reward tiers based on the number of $BIGTIME tokens they
Robinhood, a popular trading platform among millennials, recently released its earnings report for the first quarter of the year. The report showcased impressive numbers, with record revenues of $618 million, marking a 40% increase year-over-year. Moreover, revenue from cryptocurrencies saw a staggering surge of 232%, reaching $126 million. The firm attributed a significant portion of
Polkadot has recently made significant improvements to its network performance, which have resulted in a faster and more efficient processing of transactions. One of the key advancements is the implementation of Asynchronous Backing on the network, optimizing the validation process of parachain blocks by the Relay Chain. This has led to a doubling in the
The Hong Kong police force is currently on the lookout for four individuals who abducted a crypto investor in a shocking incident at Tai Lau Leng Village off Po Shek Wu Road in the Sheung Shui district. The unidentified woman, aged 55, was taken while she was in a car with her husband, with the
Bitcoin, the flagship cryptocurrency, has been experiencing a downward trend since hitting its all-time high in March. This has resulted in a shift in sentiment among crypto traders, with many no longer eagerly buying the dip in hopes of a quick turnaround. The previously prevalent “buy the dip” mentality seems to be fading as Bitcoin
As the 2024 U.S. presidential election approaches, crypto has become a significant topic of discussion among voters. A survey conducted by Digital Currency Group (DCG) revealed that one in five voters consider crypto to be a major issue in the upcoming election. Surprisingly, even though only 14% of voters currently have exposure to crypto, about
Ethereum (ETH) has experienced a significant downturn in the past week, shedding 6.45% of its value. This continues a trend of disappointment for investors, as the cryptocurrency has seen a decline of 16.57% over the last few months. The recent sale of 6,714 ETH tokens by a crypto whale has garnered attention from market experts