Supreme Court Decision The Supreme Court of Montenegro has overturned a previous ruling that approved the extradition of Terra founder Do Kwon to South Korea. The court found that lower courts had not followed proper procedures in their initial approval of the extradition. Procedural Violations The Supreme Court stated that the Court of Appeal had…
Surge in Token Value Polymesh (POLYX), a crypto project focused on real-world asset tokenization, has seen its native token surge 69% in the past week. The token is currently trading at $0.415, up from $0.245 last week. New Private Blockchain The surge comes amidst the rollout of Polymesh Private, a confidential version of the project’s…
Year-End Target of $90,000 Analysts at Bernstein believe Bitcoin will hit $90,000 by the end of 2024. They attribute this optimism to: Strong inflows into Spot Bitcoin ETFs Record mining income Mid-2025 Prediction: $150,000 The analysts also maintain their prediction that Bitcoin will reach $150,000 by mid-2025. They cite the influence of Spot Bitcoin ETFs…
Pullbacks on the Horizon JPMorgan analysts warn that Bitcoin may experience further declines despite the recent optimism surrounding the upcoming Halving event. They cite decreasing inflows into Bitcoin ETFs and high open interest in futures as bearish signals. Profit-Taking and Overbought Conditions The analysts also note that Bitcoin is still considered overbought, suggesting that profit-taking…
Surge in Meme Coins Solana has seen a surge in meme coins, with tokens like Bonk Inu (BONK) and Dogfight (WIF) showing impressive growth. However, this popularity has come with some challenges. Challenges Faced by Meme Coin Ecosystem Failed Transactions:The influx of bots has led to a high number of failed transactions, reaching 72%. While…
Security Breach Summary On March 19, Trezor’s Twitter account was hacked and used to promote a fake cryptocurrency presale. The hacker posted a link to a website that stole users’ funds. Trezor’s Response Trezor regained control of the account and published a preliminary report addressing concerns. They emphasized that the breach was not due to…
Trust Company Charter Approval WisdomTree, known for its Bitcoin ETF, has received a trust company charter from the New York State Department of Financial Services (NYDFS). This allows WisdomTree to operate as a trust company in New York, paving the way for its crypto app launch. Fiduciary Custody and Stablecoins With this charter, WisdomTree can…
Price Performance In 2024, Shiba Inu has been outperforming Dogecoin. Since the start of the year, SHIB has surged over 150%, while DOGE has gained around 100%. However, Dogecoin has shown more stability during downtrends, with a smaller decline from its March highs. Volatility Shiba Inu is more volatile than Dogecoin. Its price can move…
A bill is making its way through the Minnesota legislature that would provide $200 million in guaranteed income to eligible residents. Program Details If passed, the program would allocate $100 million this year and another $100 million in 2025. Households living at or below 300% of the federal poverty level would be eligible to apply….
A popular crypto analyst, Altcoin Sherpa, believes the Solana-based memecoin Book of Meme (BOME) could surge even higher after its recent meteoric rise. BOME’s Impressive Rally BOME debuted on March 14th at $0.000059 and has since soared to $0.0132, marking a staggering 22,273% gain. Altcoin Sherpa predicts it could climb further to $0.0190 before experiencing…
