Global

Shiba Inu and Dogecoin remain popular options for investors as the bull market progresses. However, recent crashes have not only affected their prices but also dampened market sentiment surrounding these meme coins.

Recent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin.

The price of Ethereum surged by more than 20%, driven by growing optimism surrounding the possibility of an Ethereum Exchange-Traded Fund (ETF). ETH managed to overcome several obstacles and even surpassed the $3,500 resistance level.

Last week, developers working on Cardano (ADA) made significant strides, evidenced by increased development activity on the blockchain. The latest weekly report from the project highlighted the collaborative efforts of various teams.

Martin Gruenberg, the chairman of the FDIC, announced his intention to step down following a damning investigation exposing a toxic workplace culture within the bank regulator.

Venezuela's government has taken a significant step by implementing a ban on cryptocurrency mining, citing concerns about safeguarding the national electrical grid. This decision comes in the wake of a crackdown on crypto-related activities, including the confiscation of 2,000 mining devices in Maracay.