NFT pioneer Pudgy Penguins is securing funding for Abstract, an Ethereum Layer 2 blockchain designed to address scalability challenges in the NFT sector. The blockchain aims to reduce transaction costs and network congestion specifically for NFT trading while maintaining Ethereum’s… Read More »Pudgy Penguins Seeks Funding for Ethereum L2 Blockchain ‘Abstract’ to Revolutionize NFT Ecosystem
Japan’s Upper House election on July 20 may decisively reshape cryptocurrency tax policies and the country’s digital asset market trajectory. The ruling LDP-Komeito coalition, while holding a current majority, faces significant uncertainty in the ballot where 125 seats are contested.… Read More »Japan’s Upcoming Election Pivotal for Crypto Tax Reforms and Market Growth
Federal Reserve Governor Christopher Waller has publicly stated his openness to serving as Chairman of the Federal Reserve under specific conditions. He indicated a willingness to assume the role if formally invited by former President Donald Trump following a potential… Read More »Fed Governor Waller Open to Chairmanship Role if Trump Returns, No Offer Made
David Bailey’s cryptocurrency hedge fund has reported a net return of 640% over a single year. The fund’s exceptional performance is attributed in part to its strategic engagement with former President Donald Trump. This engagement played a significant role in… Read More »David Bailey’s Hedge Fund Posts 640% Annual Return Fueled by Trump Strategy
The Trump administration has enacted an executive order permitting U.S. pension funds to allocate capital to cryptocurrencies. This landmark policy shift enables 401(k) retirement plans to diversify holdings beyond traditional equities and fixed-income assets into higher-risk investments like Bitcoin. The… Read More »Trump Administration Enacts Executive Order Allowing Pension Funds to Invest in Cryptocurrencies
A single Ethereum transaction recently incurred a staggering gas fee of 31 ETH, equivalent to $112,745, highlighting the volatility of network fees amid congestion and complex transaction demands. The exorbitant cost underscores how unpredictable gas prices deter new users and… Read More »Record $112,745 Ethereum Gas Fee Ignites Debate on Scalability Solutions
XRP is currently consolidating near a critical support level around $3.4208, exhibiting reduced volatility that analysts suggest could precede a decisive market move. Technical analysis indicates a false breakout above the $3.5495 level could trigger a corrective pullback towards the… Read More »XRP Consolidates Near Key Support as Technicals Hint at Potential Upside
Former National Crime Agency (NCA) officer Paul Chowles has been sentenced after stealing 50 Bitcoin (BTC), valued at approximately $77,000 at the time, during an investigation into the darknet marketplace Silk Road 2.0. Chowles sought to conceal the illicit proceeds… Read More »Ex-UK Crime Agency Officer Sentenced for Stealing 50 BTC During Silk Road 2.0 Probe
The US Bankruptcy Court in Delaware is reviewing a motion that would prohibit FTX bankruptcy payouts to creditors in 49 restricted jurisdictions, triggering widespread objections and market turbulence. Chinese creditors constitute over 80% of affected claims, representing a dominant share… Read More »US Bankruptcy Court Mulls Blocking FTX Payouts to Restricted Jurisdictions Amid Creditor Backlash
Bit Digital, Inc. (NASDAQ: BTBT) has significantly increased its cryptocurrency portfolio through the acquisition of approximately 19,683 Ethereum (ETH). The purchase utilized $67.3 million in net proceeds generated from recent company transactions. Following this strategic investment, Bit Digital’s total Ethereum… Read More »Bit Digital Expands Ethereum Holdings Beyond 120,000 ETH with Strategic Acquisition
World Liberty Financial (WLFI), a financial entity with ties to former U.S. President Donald Trump, has significantly increased its Ethereum investment with a recent purchase of 861 ETH valued at $3 million. This acquisition raises WLFI’s total Ethereum holdings to… Read More »Trump-Backed Financial Firm World Liberty Financial Expands Ethereum Holdings to 70K ETH
The cryptocurrency market is intensely focused on Bitcoin, as its price approaches the significant $120,000 resistance level. While underlying sentiment leans cautiously optimistic, traders remain alert to the substantial risk of volatility and potential liquidations associated with this technical milestone.… Read More »Bitcoin Tests Critical $120,000 Threshold, Market Action Heats Up
Shiba Inu (SHIB) has demonstrated significant bullish momentum with a 32% price surge in July, breaking through key resistance levels. The rally is attributed to heightened trading activity, expanding market capitalization, and ecosystem developments including AI initiatives. SHIB’s price climbed… Read More »Shiba Inu Surges 32% in July Amid Rising Volume and Market Cap Expansion
Public companies holding Ethereum reserves saw significant gains as the cryptocurrency surpassed the $3,600 mark this week, reflecting strong positive market sentiment. Equities exposed to Ethereum delivered notable increases: BitMiner (BMNR) climbed 16%, GAMEE (GAME) gained 13%, BTCS Inc. (BTCS)… Read More »Ethereum-Linked US Stocks Surge Alongside ETH Price Breakthrough
U.S. Securities and Exchange Commission (SEC) Chairman Atkins has asserted that stablecoins, including the prominent asset Mars Finance, fall under the jurisdiction of the SEC. This declaration establishes clear regulatory authority over such digital assets and signals intensified scrutiny of… Read More »SEC Chairman Confirms Regulatory Oversight Over Mars Finance Stablecoin
A historic surge in XRP to a new all-time high of $3.65 has catalyzed significant upward movements in several prominent altcoins. This milestone, achieved after seven years, signals potential early momentum for an altcoin season despite Bitcoin maintaining its dominance… Read More »XRP’s Record High Triggers Altcoin Surge as Bitcoin Dominance Holds Steady
Ripple has issued an urgent warning regarding advanced deepfake scams circulating across social media platforms. Fraudulent campaigns promote a fabricated 100 million XRP airdrop using artificially generated videos featuring Ripple CEO Brad Garlinghouse to lure unsuspecting investors. These scams exploit… Read More »Ripple Warns Investors About Deepfake Scams Promoting Fake 100M XRP Airdrop
Ethereum’s market valuation has exceeded $437 billion, surpassing the market capitalization of global retail giant Costco. This milestone positions Ethereum as the 29th most valuable asset worldwide by market capitalization. The achievement underscores the expanding institutional adoption of cryptocurrency as… Read More »Ethereum Valuation Tops Costco, Ranks 29th Globally Amid Institutional Crypto Interest
XRP has surged beyond the critical resistance level of $2.72, trading above $3.60 in a significant bullish breakout. This upward movement signals growing market confidence and establishes a potential pathway toward higher long-term valuations. Prominent cryptocurrency analyst DonAlt has set… Read More »XRP Breaks $2.72 Resistance, Eyes $6.90 as Expert Urges Trading Caution
Binance Wallet has initiated an exclusive Token Generation Event (TGE) for the ZKWASM project, providing token access solely to users holding Binance Alpha Points. This approach underscores the platform’s commitment to secure and selective launches while rewarding community engagement through… Read More »Binance Wallet Hosts Exclusive ZKWASM Token Launch Requiring Alpha Points for Access