Key Notes Prime Minister Narendra Modi’s government is becoming more receptive to the crypto industry’s concerns following Trump’s inauguration. India’s crypto market, projected to grow from $2.5 billion in 2024 to $15 billion by 2035, is drawing interest from global players like Coinbase and Binance. Despite these challenges, investors and industry groups are pushing for … Read more
In a crypto market bracing for the next major bull run, investors are eyeing the top low-priced altcoins with explosive upside potential. Cardano (ADA), continues to attract attention due to its strong development roadmap and increasing DeFi adoption. Meanwhile, Dogecoin (DOGE), is riding a wave of meme momentum, but its lack of real utility raises … Read more
Kenneth Rogoff, former chief economist of the IMF, has argued that bitcoin flows are already affecting the use of the dollar in the so-called “shadow economy.” This, consequently, is causing troubles for the U.S. economy, by propping up interest rates. Former IMF Chief Economist Claims Bitcoin Is Substituting the Dollar in the $25T Shadow Economy … Read more
Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets. The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment seminar in Bangkok on May 26, according to reports from Bangkok Post … Read more
BNB Chain’s recent Maxwell Hard Fork successfully reduces block time to 0.75 seconds, significantly enhancing speed without compromising network integrity. This upgrade introduces longer epoch lengths and optimized gas limits, paving the way for improved validator coordination and overall network performance. Notably, BNB Chain’s transactions now approach 2-second finality, establishing a competitive stance against Ethereum … Read more
XRP is under pressure after breaking a key inflow streak that had lasted for 80 consecutive weeks. The token is trading at $2.28 at press time, down 2.6% in the past 24 hours, and has remained within a narrow seven-day range of $2.29 to $2.40. According to a report from CoinShares published on May 26, … Read more
Key Points: Binance CEO Richard Teng stresses regulatory clarity in crypto. Focus on innovation and consumer protection. Industry aligns with calls for clear regulation. Richard Teng, CEO of Binance, advocated for clear crypto regulations in a , emphasizing innovation and consumer protection. The statement signals potential policy shifts affecting cryptocurrency market dynamics, highlighting the industry’s … Read more
French authorities have arrested more than 12 people who have been linked to two high-profile crypto kidnapping cases in Paris, France, local media reports. Those arrested include several minors, with charges against them including kidnapping, attempted kidnapping and criminal conspiracy, Le Parisien reported on May 26. French investigators are exploring the possibility that a criminal … Read more
On May 27, COINOTAG reported a significant movement in the cryptocurrency market as whale investor James Wynn notably increased his holdings by 659.44 BTC. This strategic accumulation reflects a long position of 4034.56 BTC, which is currently valued at approximately $440 million. The entry price for this notable purchase stands at $109,951.3, with a liquidation … Read more
Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for his role in a fraud scheme involving the misappropriation of customer funds to his hedge fund, Alameda Research. According to a Business Insider report, the Bureau of Prisons (BOP) estimates that he could be released as early as December 14, 2044, … Read more