In a significant move to fortify its stance against digital crime, the United Kingdom is taking decisive action. The government has unveiled a new legislative push designed to dramatically expand the powers of law enforcement when it comes to seizing and dismantling illicit cryptocurrency assets. This development signals a robust escalation in the UK’s commitment … Read more
Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. The bill gives the Texas Comptroller of Public Accounts the authority to acquire, sell and trade any investment “that a … Read more
Analysis suggests that a possible XRP surge to a new all-time high remains intact if it continues to hold crucial trendline support. XRP moved one place downward in the cryptocurrency rankings by market cap following its recent price slump. The XRPL native token’s 17% and 28% weekly and monthly drawdowns have ensured that stablecoin Tether … Read more
Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range … Read more
In a significant development for the cryptocurrency landscape, the Strategic Bitcoin Reserve Bill in Texas has successfully navigated the Business and Commerce Committee review. This pivotal milestone indicates growing governmental recognition of digital assets and their potential role in state finance. As the bill moves forward to the Senate for further examination, stakeholders are keenly … Read more
Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds. Bybit … Read more
Analyst Javon Marks sees Shiba Inu holding its breakout, targeting $0.000081, a 450% gain. Shiba Inu (SHIB) has recently shown signs of recovery following a volatile period. Over the past 24 hours, the meme coin gained 1.4%, reflecting short-term bullish momentum. However, its seven-day performance remains negative, down 4.6%. Additionally, the 14-day and 30-day trends … Read more
Successful new token listings on memecoin platform Pump.fun are down more than 80% from January highs, according to data from Dune Analytics. The daily number of tokens completing Pump.fun’s “bonding curve,” a prerequisite to listing on a decentralized exchange (DEX), is down to about 200 on Feb. 26 from as high as nearly 1,200 on … Read more
The United States Securities and Exchange Commission (SEC) has agreed in principle to drop its lawsuit against crypto firm Consensys. The suit claimed that aspects of MetaMask violated securities laws. According to Ethereum co-founder and Conensys founder Joseph Lubin, the SEC has agreed to file a motion effectively ending the case, and the conclusion of … Read more
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Animoca Brands’ flagship project, Moca Network, in collaboration with SK Planet, a … Read more