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Indian cryptocurrency exchange WazirX is one step closer to repaying users after a massive hack last year. The Singapore High Court has approved a plan to let WazirX’s parent company, Zettai, meet with users to discuss debt recovery. The Hack and its Aftermath Last July, North Korean hackers stole over $230 million from WazirX, forcing…
A popular crypto analyst, known as Credible Crypto, is changing their tune on Ethereum (ETH) versus Bitcoin (BTC). After two years of bearish predictions, they’re now predicting a significant ETH price increase relative to BTC. ETH/BTC Price Prediction Credible Crypto, with a large following on X (formerly Twitter), believes ETH could surge by at least…
A crypto analyst predicts Bitcoin (BTC) is about to surge to new all-time highs. Breaking Through Resistance Rekt Capital, a popular analyst with a large YouTube following, believes Bitcoin is nearing the end of a correction phase. He points to a historical pattern suggesting an upcoming price discovery phase – meaning BTC will trade at…
Bitcoin’s price hovering around $100,000 has everyone talking. While retail investors are piling in, experts are warning of a potential drop. Retail Investors Go Wild for Bitcoin Small-time Bitcoin investors (“Shrimps” and “Crabs”) are buying up Bitcoin like crazy. Data shows they bought almost twice as much Bitcoin last month as was newly mined! This…
The SEC’s approach to crypto enforcement under Gary Gensler saw a surprising shift in 2024. While the number of cases dropped significantly, the total fines reached record levels. Let’s break it down: Fewer Cases, But Record-Breaking Fines A recent study revealed a 30% drop in SEC crypto enforcement actions in 2024, down from 47 cases…
The recent repeal of SAB 121, a US regulation impacting how financial firms handle crypto assets, is causing a stir in the crypto world. This could be huge for Ethereum and its associated tokens. Ethereum’s Rise With the removal of SAB 121, more traditional finance (TradFi) companies are expected to dive into decentralized finance (DeFi)….
A recent executive order from the US President aimed to create a “digital asset strategic reserve,” sparking a heated debate online, particularly regarding Ripple’s role. The Accusation: Ripple’s Sabotage? Pierre Rochard, a prominent figure in the crypto space, accused Ripple of being the biggest obstacle to a Bitcoin-only reserve. He claimed Ripple is spending millions…
A Kansas senator is proposing a big change to how the state handles public employee retirement funds. He wants to let them invest in Bitcoin! Bitcoin in Retirement Funds? Senator Craig Bowser’s Senate Bill 34 would allow the Kansas Public Employees Retirement System (KPERS) to put up to 10% of its money into Bitcoin exchange-traded…
A popular crypto analyst, Pentoshi, is predicting a price surge for two low-cap memecoins, even though the overall crypto market is looking gloomy. With a massive following on X (formerly Twitter), Pentoshi shared his bullish outlook. Two Memecoins to Watch Pentoshi is betting on PENGU, the utility token for the Pudgy Penguins NFT project, and…
President Trump just made it easier for US banks to get involved with cryptocurrencies. He overturned a rule that basically stopped banks from holding crypto for their customers. Goodbye, SAB 121 The rule, called Staff Accounting Bulletin 121 (SAB 121), forced banks to list customer-held crypto as a liability on their financial statements. This made…
