DOGE network activity drops to a six-month low, reducing whale trades and active addresses. DOGE price consolidation continues, with weak momentum but signs of long-term bullish accumulation. Whale participation declines, limiting liquidity and delaying potential price breakouts for DOGE holders. Dogecoin’s network has slowed to levels not seen since October 2024. Daily active addresses have…
In a sign of evolving attitudes toward digital assets, two recent developments suggest a more measured and practical approach to crypto regulation in the United States. The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate the use of “reputational risk” in bank supervision—an often-criticized factor in the debanking of crypto firms—while the Securities and…
Custodia Bank, known for its crypto-friendly approach, has partnered with Vantage Bank to successfully tokenize dollar-demand deposits through the issuance of its trademarked Avit stablecoin on the Ethereum mainnet. According to the bank, this marks the “first bank-issued stablecoin on a permissionless blockchain.” The issuance process was carried out in eight transaction stages, with Custodia…
Recently, the cryptocurrency market has experienced a slight rebound, with CoinMarketCap’s Altcoin Season Index rising from its recent low. The index, which dropped to a low of 13 points, has recovered to 18 points, currently standing at 16. However, these values remain significantly below the mid-February average of 43 points. The index reached its highest…
Custodia Bank and Vantage Bank launch Avit, the first stablecoin backed by U.S. dollar demand deposits on a permissionless blockchain. Avit introduces a new U.S. dollar payment system for real-time, programmable transactions between bank customers. This initiative signals a significant step for traditional banks embracing blockchain technology and stablecoins. Custodia Bank and Vantage Bank have…
In a recent turn of events, blockchain security firm Cyvers reported a significant security breach that impacted Abracadabra Money’s MIM_Spell platform. The attack led to the theft of 6,262 ETH, equivalent to approximately $12.9 million. Cyvers disclosed that the attacker quickly bridged the stolen ETH to the Ethereum network and distributed the funds across three…
For years, Shiba Inu and Dogecoin have been the go-to meme coins for traders looking for explosive gains. But the tides are shifting. While these tokens have built strong communities, their price action has been frustrating, with long periods of stagnation. Now, a growing number of Shiba Inu and DOGE holders are making a calculated…
Cardano price has remained in a tight range over the past few weeks as market participants await the next catalyst. Cardano (ADA) was trading at $0.760, down by 43% from its highest level in December last year. It has underperformed other popular coins like Mantra (OM) and Cronos (CRO) this month. Cardano has three main…
Cardano whale addresses add 240 million ADA worth over $175 million in past week. Mean Coin Age metric shows long-term holders refusing to sell despite market pressure. Price needs to break $0.77 resistance to confirm recovery toward $0.85 target. Cardano (ADA) has struggled to generate significant bullish momentum in recent weeks, preventing the cryptocurrency from…
Pi Network continues to remain under strong selling pressure as native cryptocurrency Pi Coin has corrected another 12% today, with its price dropping to $0.81 support levels. With this, it has extended its weekly losses to 28% amid delays in mainnet launch, Binance listing, etc. and initial investor sentiment waning significantly. Investors are turning anxious…
Fidelity Investments, one of the leading asset managers, is exploring launching its own stablecoin. The asset giant is notably testing its stablecoin in a push to enter the crypto stablecoin realm, which is currently a leading agenda under Trump’s leadership and reign. Also Read: Crowdstrike (CRWD) Stock Up 4% Today: Why It’s a Buy Fidelity…
CME Group has partnered with Google Cloud to pilot initiatives aimed at enhancing capital market efficiency through tokenization. The collaboration seeks to leverage Google Cloud Universal Ledger (GCUL). However, critics argue that the technology represents a shift toward centralization in an industry that has traditionally prioritized decentralization. CME and Google Cloud’s Tokenization Pilot: A New…
Dogecoin fans have been buzzing lately thanks to the launch of the Dogecoin Reserve, where the House of Doge scooped up 10 million DOGE (around $1.8 million) to help speed up transactions and boost liquidity. It’s a cool move that shows there’s still belief in DOGE as a payment tool though not everyone’s convinced it’ll…
Binance Wallet said an investigation found a former employee leveraged information from their previous role at BNB Chain for front-running trades. Employee Profits Using Non-Public Information Binance Wallet has stated that none of its current team members were involved in insider trading, as alleged in a complaint filed with Binance’s internal audit team. However, an…
David Sacks, the White House crypto czar, celebrated a big victory today. He announced that the Federal Deposit Insurance Corporation (FDIC) is following the U.S. Office of the Comptroller of the Currency (OCC) in removing “reputational risk” as a factor in bank supervision. This change effectively rolls back the controversial Operation Chokepoint 2.0 policies, which…
Robust Bitcoin Mining Revenue: $3.7B in Q4 Signals Positive Post-Halving Trend – BitcoinWorld Skip to content Home News Crypto News Robust Bitcoin Mining Revenue: $3.7B in Q4 Signals Positive Post-Halving Trend Source link
North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin. The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s…
Tokyo District Court judge Masaru Nomura says that former judge and Financial Services Agency (FSA) employee Soichiro Sato’s insider trading abuse has “greatly damaged” market soundness and the “trust of ordinary investors” in Japan. Sato was given a 2-year prison sentence and fined for buying shares in around 10 tender offers before they were made…
Cryptocurrencies have been on a wild ride for the past few years, with market fluctuations sparking endless debates about their future. As the blockchain ecosystem continues to expand and evolve, 2025 will become a crucial year for crypto. From established coins to emerging projects, it’s clear that several cryptos are set to dominate the market,…
GameStop has officially added Bitcoin to its balance sheet. This decision was confirmed during its fourth quarter earnings release. The company’s board of directors unanimously approved this move, which aligns with earlier reports about GameStop’s plans to invest in Bitcoin and possibly other cryptocurrencies. Following the announcement, GameStop’s shares rose by over 6% in after-hours…