Thumzup Media Corporation has increased its maximum issuance amount from $200 million to $500 million in its updated Form S-3 registration statement filed with the U.S. Securities and Exchange Commission (SEC). According to the company’s statement, the net proceeds will be used for general corporate purposes, working capital, and specifically Bitcoin (BTC) purchases. In this … Read more
Key Insights: Pectra upgrade is set to go live on the Ethereum mainnet in hours. The Pectra upgrade faced strains on testnet but surmounted following developer focus. About 11 EIPs are set to go live alongside the Pectra upgrade. The Ethereum Foundation is set for one of its biggest upgrades in years. The highly anticipated … Read more
In the ever-evolving landscape of global economics, major policy shifts can send ripples across various markets, including the world of digital assets. While not directly tied to cryptocurrencies, significant international trade agreements, such as the recently announced US India Trade Deal, highlight the dynamic nature of global finance and political relations, factors that often influence … Read more
India’s top court just ignited a regulatory firestorm, slamming bitcoin trading as refined Hawala and blasting government delays that leave the crypto market in legal limbo. Indian Supreme Court Calls Bitcoin Refined Hawala, Decries Absence of Regulatory Framework The Supreme Court of India compared bitcoin trading to “a refined way of Hawala business” on Monday … Read more
Cardano has been rejected from the descending channel, and if the bears take charge, the crypto can decline further to $0.63 or $0.54. A symmetrical triangle pattern is forming, but indicators like RSI and MACD suggest weakening momentum. Despite whale accumulation in April, falling open interest and macro uncertainty point to cautious sentiment around ADA’s … Read more
Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of its airdrop mechanism. With over 99% of votes in favor of the proposal already, the airdrop will distribute a small amount of USD1 to eligible … Read more
Donald Trump’s meme coin, $TRUMP, promised excitement, controversy, and maybe some quick cash. And while it certainly delivered on the first two, the financial results have been a little lopsided. The $TRUMP Token surged quickly, then dropped just as fast, leaving thousands of retail investors in the red. According to blockchain data, just 58 wallets … Read more
So, Wall Street was paying attention to crypto after all. Turns out, while some of us were debating meme coins on Twitter, the suits were busy behind the scenes quietly building out their own plans to jump into Bitcoin. And now, thanks to a leaked report that just blew the lid off, it was revealed … Read more
Supreme Court Sees Bitcoin Hawala Justices admit limited understanding of Bitcoin technology. According to India’s highest court, Trading Bitcoin is similar to using the illicit Hawala money transfer system. Shailesh Babulal Bhatt is being accused of engaging in illegal trading of Bitcoin, as mentioned at the bail hearing. One of the most significant concerns that … Read more
Coinbase has introduced a new payments protocol for online payments that enables stablecoin transfers over standard internet protocols and AI agents to transact autonomously. On May 6, Coinbase announced that it is launching a protocol called x402 for instant stablecoin payments directly over the internet communication protocol HTTP (Hypertext Transfer Protocol). It allows Application Programming … Read more