The crypto world is buzzing with controversy after a well-known influencer, Ansem, was accused of running pump-and-dump schemes with memecoins. The Spark: Memecoin Hype It all started when a prominent crypto personality, Murad Mahmudov, talked about the rise of memecoins in the current market. This sparked a debate about whether memecoins are a good investment….
The next US presidential election is just around the corner, and it seems like crypto is becoming a major talking point for voters. A recent survey found that most crypto owners are planning to vote, and many of them are looking for candidates who are pro-crypto. Crypto Awareness is Growing Among Voters This survey, conducted…
The SEC’s decision to appeal a recent ruling in the Ripple Labs lawsuit is being called a big mistake by crypto legal expert Jeremy Hogan. What’s the Backstory? The SEC sued Ripple in 2020, claiming they were selling XRP, a cryptocurrency, as an unregistered security. A judge ruled in October 2023 that only sales of…
A Russian court has frozen $372 million belonging to American banking giants JPMorgan Chase and BNY Mellon. This move comes after Russia accused Ukraine and the US banks of illegally taking property from a Russian bank. What Happened? The Moscow Region Arbitration Court froze the funds held by the US banks in their Russian branches….
Mark Cuban, the billionaire investor and Shark Tank star, is not happy with how the SEC is handling crypto regulation. He says the SEC Chair, Gary Gensler, is making it too difficult for crypto companies to operate and is creating a hostile environment. Gensler’s Approach: Regulation Through Litigation Cuban argues that Gensler is relying too…
Bitcoin is about to go on a wild ride, according to one economist. Henrik Zeberg, the head macro strategist at Swissblock, predicts a massive surge in Bitcoin’s price by the end of the year. Zeberg’s prediction: Bitcoin could reach between $115,000 and $123,000 by the end of 2023. This represents a potential 98% increase from…
Bitcoin is making headlines again, and it’s not just about price fluctuations. Something big is happening: institutional investors are getting in on the action. Traditional Investors Are Embracing Bitcoin Think big banks, hedge funds, and other big players in the financial world. They’re starting to see Bitcoin as a legitimate investment, a way to diversify…
The crypto market took a hit recently, with Ethereum dropping from over $2,600 to around $2,300. This isn’t great news for Ethereum, which hasn’t been doing too well lately. Big Players Are Dumping Ethereum A crypto analyst on X noticed something interesting: big Ethereum investors, called “whales,” have been selling off their holdings. These whales…
Bitcoin has been stuck in a holding pattern recently, hovering around the $60,000 mark. While some folks are excited about a big rally in the near future, things might not be as rosy as they seem. Miners Selling Off Recent data shows that Bitcoin miners have been dumping a lot of their BTC, selling off…
Ethereum co-founder Vitalik Buterin has made headlines again, this time for donating a large sum of ETH to help the developers of Tornado Cash fight legal battles. This act of support comes shortly after Buterin sold off a bunch of memecoins he held. Buterin’s Memecoin Sale and Donation Buterin sold off a bunch of memecoins,…
