A report by Cornerstone Research, as cited by Cointelegraph, reveals that the U.S. Securities and Exchange Commission (SEC) initiated just 33 crypto-related enforcement actions in 2024, marking a 30% decline compared to the 47 cases filed in 2023. The significant reduction came during the final year under former SEC Chair Gary Gensler, whose tenure saw … Read more
The EU must approve a digital euro to counteract the White House’s push for stablecoins. ECB board member Piero Cipollone proposed to double down on this digital currency, as the union will need to contend with the promotion of U.S.-backed dollar stablecoins on a global scale. EU Props Digital Euro to Counteract Future Stablecoin Rise … Read more
The Singapore High Court has approved Zettai Pte Ltd’s proposal to restructure cryptocurrency exchange WazirX after it suffered a devastating $230 million hack, reportedly linked to North Korea’s Lazarus Group. The court granted a 16-week moratorium, shielding Zettai from legal actions while it develops and presents a comprehensive recovery plan to creditors. This restructuring effort … Read more
Bitcoin wallet addresses with at least $100 have grown 25% in the past year, reaching nearly 30 million.
Polkadot (DOT) daily chart shows a classic bullish pennant. It is a continuation pattern that often precedes the next move higher in an upward trend. Polkadot $DOT has caught the eye of traders. Analysts say that DOT looks ready to break out of a bull pennant, heading to $17. With the breakout, it could be … Read more
No one wants to invest in a pump-and-dump token, everyone wants the best crypto pick for 2025, a token that combines real use with high returns. Over the past few years, Ethereum and Polygon have made headlines as top choices. Meanwhile, Remittix has entered the scene with a promise to simplify remittances even further, attracting … Read more
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Recent data showed consistent upward momentum for USDT, indicating strong demand across crypto ecosystems. Meanwhile, USDC, which experienced a decline in mid-2023, has seen a sharp recovery, reflecting renewed confidence from both institutional and retail investors. This surge in stablecoins underscores their growing role as a liquidity source independent of central banks. Unlike traditional fiat … Read more
David Schwartz, chief technology officer at Ripple, has predicted that Bitcoin will likely remain the number one cryptocurrency “for a long time.” Schwartz has explained that the value of money comes rather from network effects than the technology behind it. However, when asked to define a specific time frame, Schwarz did not rule out that … Read more
Next week marks a significant event for several cryptocurrency projects as they prepare for major token unlocks that could influence market dynamics. The total value of tokens being unlocked next week surpasses $450 million, which could lead to notable price fluctuations across affected tokens. Tokenomics expert from COINOTAG noted, “Unlocks are critical milestones that can … Read more