In the middle of the bipartisan Lummis-Gillibrand Payment Stablecoin Act that was just introduced, well-known Ethereum [ETH] community member Ryan Berckmans provided an interesting viewpoint. “From what I’ve read so far, the bill is very bullish and gives Ethereum unprecedented legitimacy.”He continued,“As written, the new stablecoin bill could send ETH/BTC from today’s 29.92% to 40%+.” … Read more
Recent weeks have shown difficulty for Shiba Inu (SHIB) and DogWifHat (WIF) to gain traction, while new memecoins have produced enormous gains. A brand-new memecoin called Flying Monkey (FLYMONK), which debuted on Solana today, is expected to make significant gains in light of the recent declines in popularity of DogWifHat (WIF) and Shiba Inu (SHIB). … Read more
Due to regulatory pressure brought on by the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), XRP was unable to benefit from the 2024 cryptocurrency market boom and, despite multiple breakout attempts, was unable to achieve considerable growth. The price of XRP as of April 18 is currently trading at … Read more
With a profound statement full of promise and optimism, CEO of the Cardano Foundation Frederik Gregaard said that the company is poised to usher in a new era of decentralized governance. Gregaard also mentioned that the entire constitution is on the way in a recent tweet, which underlines the imminent release of the interim constitution … Read more
The cryptocurrency wealth management company Abra said that it has acquired approval from the US government and opened the “Abra Prime” and “Abra Private” platforms for private clients. To act as an investment advisor, Securities and Exchange Commission. Abra stated in an announcement that Abra Prime’s clientele consists of hedge funds, venture capital firms, crypto … Read more
There are now two measures in the Arkansas State House that might limit bitcoin mining in the state. These bills establish the framework for future debates that may result in legislation, even though they have not yet developed into complete laws. Legislators attempted to address a number of broad issues, including foreign ownership, noise reduction, … Read more
According to data provider CryptoQuant, investors of USDe should keep an eye on the project’s reserve fund to minimize risks associated with the possibility of a negative funding rate. Investors that stake USDe or other stablecoins on the platform can now get an annual yield of 17.2%, which is a rolling average over the last … Read more
Virgil Griffith, a former Ethereum developer, has asked for a sentence reduction. Griffith was given a 63-month prison sentence in 2022 for helping North Korea use blockchain technology. Glen Garrett McGorty, Virgil Griffith’s attorney, made the plea in a letter dated April 17 to Judge Kevin Castel of the United States District Court for the … Read more
An OTC cryptocurrency buyer was the victim of an armed robbery by a criminal suspect who fled from South Korea, allegedly taking over $362,000 in cash. According to Law TV News, the suspect, who is believed to be in his 40s, “lured” the victim to the posh Gangnam District of Seoul before robbing them of … Read more
Popular social media user Topdoge recently made predictions about Dogecoin’s prospects. DOGE/USD will hit $500 billion in market capitalization, similar to ETH/USD for Ethereum prior boom. On X, formerly Twitter, Topdoge published an article on Wednesday that likened Dogecoin’s prospective rise to Ethereum’s 2020 bull run. Topdoge’s estimations indicate that Dogecoin’s worth would be approximately … Read more