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The crypto market extended its correction on Friday’s U.S. market session as Bitcoin struggles to surpass the $70,000 barrier. The renewed bearish momentum stalled the recovery trend for most major altcoins. However, analysts believe that SUI price presents an ideal zone for Dollar-Cost Averaging (DCA), offering a strategic entry point for long-term investors. In the…
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Recently, Kraken, a United States-based cryptocurrency exchange, went out on a limb with a surprisingly unexpected prediction for the 2024 presidential election: Crypto voters might be the ones to decide it. A new study revealed that with different candidates’ views on cryptocurrency likely to drive disparate voter behavior, a powerful “crypto voting bloc” has emerged…
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Ripple CEO Brad Garlinghouse has expressed concerns about the potential consequences for the crypto industry if the U.S. Securities and Exchange Commission (SEC) succeeds in its recent appeal. Speaking about the cross-appeal filed by Ripple, Garlinghouse highlighted the issue of whether an “investment contract” under the Securities Act requires an explicit agreement. Ripple CEO Highlights…
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In a recent statement, Polymarket CEO Shayne Coplan addressed accusations of market manipulation on the platform’s prediction markets for the US Election. Coplan emphasized Polymarket’s non-partisan and transparent operating principles amid rising concerns about large bets impacting odds. Polymarket CEO Stands Firm Against Manipulation Allegations In a detailed post on X, Polymarket CEO Shayne Coplan…
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Dogecoin insider Mishaboar has sent an open letter to the community with advise to shun stablecoins like USDT, USDC and even PYUSD. According to him, holding these assets are “inherently risky” and can harm holders. Bitcoin, Litecoin and Dogecoin For Stablecoins Per the post shared on X, Mishaboar noted that these stablecoins are risky for…
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In a surprising turn of events, Jarett Dunn, also known as Stacc, has initiated proceedings to retract his guilty plea related to his attack on the Solana token launchpad Pump.fun. This unexpected move came amid allegations of abuse of position and transferring criminal property. His change of heart comes as his lawyers have pulled out…
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LidoDAO Launches Community Staking Module: A Game-Changer for Ethereum Staking LidoDAO has introduced the Community Staking Module (CSM), marking a significant milestone for solo staking on the Ethereum network. This innovative feature democratizes staking access by reducing entry barriers for node operators. The CSM launch is poised to make Ethereum staking more accessible and decentralized,…
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Despite the long road toward its IPO, USDC stablecoin issuer Circle Internet Financial is not giving up on its dream. For more than 2 years since it started pursuing going public, CEO Jeremy Allaire said the firm has build a strong business pending the listing. Despite silence in the process in recent times, Allaire told…
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The US Department of Justice (DOJ) has allegedly launched an investigation into the USDT stablecoin issuer for potential anti-money laundering violations. This comes just days after the Tether CEO Paolo Ardoino called for stable crypto regulations in the country. US DOJ Allegedly Launches Probe Into Tether According to report by the Wall Street Journal, the…
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Federal prosecutors are planning to offer a plea deal to Eric Council Jr., an Alabama man accused of involvement in a high-profile hack of the U.S. Securities and Exchange Commission’s official X account, formerly known as Twitter. This incident was a form of social engineering where a fake message was posted concerning the approval of…