Roman Storm’s Tornado Cash Trial: Countdown to Conclusion as Prosecution Nears Closing Arguments
The highly publicized trial of Roman Storm, co-founder of Tornado Cash, is entering a critical phase as US prosecutors anticipate closing their case by July 25. The proceedings, taking place in New York’s Southern District, began with the prosecution’s presentation of witnesses connected to the allegations against him. Day four of the trial featured testimony […]
SEC Extends Decision on In-Kind Redemptions for Bitwise Bitcoin and Ether ETFs
The U.S. Securities and Exchange Commission (SEC) has made headlines again as it extends the deadline for its decision on allowing in-kind redemptions for Bitwise Asset Management’s spot ETFs on NYSE Arca. This significant move has garnered considerable attention from investors, analysts, and crypto enthusiasts alike. According to a recent filing by the SEC, the […]
Massive Bitcoin Whale Moves $4.7 Billion: A Shift That Could Shape Markets
In a significant move within the cryptocurrency market, a notable Bitcoin whale has shifted an astounding $4.7 billion worth of Bitcoin (BTC) to a new wallet. This transaction, which involved 40,192 BTC, was first highlighted by blockchain analytics services recently and is being watched closely by investors and market analysts alike. This whale, who was […]
Ripple’s XRP: An Intriguing Investment Amid Rising Institutional Interest
XRP has often been criticized for purportedly lacking a clear use case, yet it has emerged as a strong performer in the ongoing bull market. With a remarkable gain of 30% over the last week, XRP is currently positioned as the third-largest cryptocurrency by market cap, surpassing $168 billion. Why is this altcoin attracting attention […]
Arizona, Texas, and Utah Lead the Charge in US Cryptocurrency Regulation
In a groundbreaking report by Chainlink, it has been revealed that Arizona, Texas, and Utah have emerged as the leading states in the United States for cryptocurrency regulation and blockchain policy. As investor interest surges during the US “Crypto Week,” these states are being recognized as trailblazers in setting a pro-crypto legislative framework. According to […]
Polymarket Investigations Concluded: A Regulatory Breakthrough Ahead of $200 Million Funding Round
The recent closure of investigations by the United States Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) into Polymarket marks a pivotal moment for the online betting platform. This development comes just ahead of Polymarket’s anticipated $200 million funding round, which aims to bolster its operations and expand its market presence. According […]
Corruption Exposed: LA Deputies Collaborate with Crypto ‘Godfather’ to Extort Victims
In a shocking revelation, two deputies from the Los Angeles County Sheriff’s Department (LASD) have admitted to leveraging their law enforcement status to assist in the extortion of victims on behalf of a notorious local crypto mogul, commonly referred to as “The Godfather.” This case exemplifies a troubling intersection of cryptocurrency, corruption, and abuse of […]
Metaplanet CEO Leads Bold Investment in South Korean Firm to Transform Asia’s Crypto Landscape
In a significant development for the cryptocurrency sector in Asia, Simon Gerovich, CEO of Tokyo-based Metaplanet, is spearheading a coalition aimed at acquiring a controlling stake in SGA, a publicly traded software services company on South Korea’s KOSDAQ. This ambitious venture is positioned to cement the integration of Bitcoin into the business operations of traditional […]
SharpLink Gaming Expands Ether Holdings with $49M Purchase as ETH Surpasses $3,000
SharpLink Gaming, the NASDAQ-listed sportsbook marketing firm, has made headlines with its recent acquisition of nearly $49 million worth of Ether (ETH) as the cryptocurrency’s price rebounds past $3,000. This strategic move positions SharpLink as the largest known corporate Ether treasury, solidifying its commitment to Ethereum as a key reserve asset. Following a series of […]
Bitcoin Soars to New Heights: $120K Milestone on Coinbase Amid Market Optimism
In a remarkable turn of events, Bitcoin has reached a staggering new all-time high of $120,000 on Coinbase, showcasing the cryptocurrency’s ability to rally amidst evolving market dynamics. This surge is attributed to several factors, including the increasing inflows from spot ETFs, rising network activity, and profits amassed by long-term holders. Market analysts and investors […]