During financial instability and tough restrictions in countries such as Argentina and Venezuela, people have looked to Bitcoin as a means of survival. The International Monetary Fund (IMF) explores how locals are utilizing Bitcoin as an alternative financial tool, conducting transactions beyond the reach of capital controls outside the blockchain network. In difficult economic situations, … Read more
During recent talks among XRP enthusiasts, Ripple‘s CTO David Schwartz clarified the relationship between Ripple stock and XRP. His comments generated excitement as Ripple considers going public through an Initial Public Offering (IPO). During an animated discussion in the community, Schwartz shared his views on Ripple shares versus XRP. In response to questions about his … Read more
Mishaboar, a Dogecoin supporter active on social media under the handle @Mishaboar, recently took to Twitter to issue a cautionary message to investors dealing with Dogecoin and other less capitalized meme coins. Specifically, be cautious when investing in meme cryptocurrencies that suddenly appear for trading on crypto exchanges with unusual speed. Warning about meme coins … Read more
Changpeng Zhao, the head of Binance, the world’s biggest cryptocurrency exchange, may receive a three-year prison sentence based on the US Department of Justice’s (DOJ) recommendation. This comes after Zhao admitted to violating anti-money laundering (AML) regulations last year as required by the Bank Secrecy Act. A “Message” To The Binance Founder And The World … Read more
According to renowned trader Peter Brandt, who is known for his industry expertise, he recently made a surprising statement about Bitcoin‘s all-time high (ATH) price record in a post on his official X Twitter account. In contrast to popular belief, Bitcoin has not set a new ATH during the previous three-year period. Peter Brandt yardstick … Read more
CZ Zhao, Binance‘s founder, may spend three years in prison as per the U.S. Department of Justice’s (DOJ) latest suggestions. This follows his admission of guilt to Bank Secrecy Act infringements, indicating significant regulatory and legal concerns within the crypto sector. Previously, Zhao’s plea deal anticipated a maximum term of 18 months; however, the DOJ … Read more
Despite the common perception that meme coins represent short-term investments with minimal returns, there are numerous instances of investors becoming millionaires through their meme coin holdings. Intriguing cases, such as the Pepe Coin profit surge where six wallets amassed a gain of $2 Million, and the SLERF trader who raked in an impressive $3.2 Million … Read more
Recently, there’s been a large transaction of around three trillion Shiba Inu tokens (SHIB) worth about $79.497 million on the crypto market. This transfer has drawn attention and sparked curiosity about its potential meaning. The details of this significant transaction were made known through a report by Whale Alert, a platform dedicated to monitoring major … Read more
On April 20, the cryptocurrency market marked the fourth Bitcoin halving event. However, contrary to some expectations, Bitcoin and other crypto prices didn’t experience a substantial rally or noticeable increase following the event. Instead, traders are keeping a close eye on the first options expiry in the crypto market after the halving. This particular expiry … Read more
Kwon Do, a co-founder of Terraform Labs, a cryptocurrency company, is currently dealing with extradition requests from South Korea and the United States. Lately, his Montenegrian legal team has submitted an appeal against a decision by the Podgorica High Court that supports his extradition to both nations. Legal Battle in Montenegro Kwon’s Montenegrian legal team … Read more