Canada’s Prime Minister Mark Carney Re-elected: Cryptocurrency Policy Shift Expected

Key Points: Mark Carney re-elected as Canadian Prime Minister, hints at stricter crypto regulations. Emphasis on economic stability could limit crypto market innovation. Focus on central bank digital currency might reduce Bitcoin’s influence. Mark Carney secured re-election as Canada’s Prime Minister on April 28, 2025, overcoming Bitcoin supporter Pierre Poilievre. His victory likely suggests imminent … Read more

Operation Fantasos: Brazil Cracks Down on Remnants of $290M Crypto Ponzi Scheme

The Brazilian Federal Police carried out Operation Fantasos, with more than 50 officers executing 11 search and seizure warrants in various locations across Rio de Janeiro. The mastermind behind these activities was extradited from Switzerland to the U.S. in February. Operation Fantasos Targets the Remnants of a $290 Million Crypto Ponzi Scheme in Brazil Brazil … Read more

BTC price heading towards $100,000 again

In recent days, it appears evident that the price of Bitcoin (BTC) seems to be heading once again towards the fateful psychological threshold of $100,000. The thing is curious, because instead many were expecting a drop towards the end of April, and a May still relatively difficult.  The recent rebound of the Bitcoin (BTC) price … Read more

Key Bitcoin Levels to Watch, According to Top Crypto Analyst

Bitcoin Crypto analyst Ali (ali_charts) has highlighted crucial Bitcoin price levels to monitor, based on data from IntoTheBlock’s “In/Out of the Money Around Price” (IOMAP) metric. These insights are essential for both traders and long-term investors as Bitcoin continues to hover near the $97,000 mark. According to the data, Bitcoin currently faces key resistance at … Read more

Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) … Read more

Coinbase delisting sends Movement’s MOVE token to all-time low amid market-making scandal

The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards. … Read more

US Congress Seeks to End the Penny by Introducing the Common Cents Act

The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten Gillibrand, are behind this proposal. Common Cents Act Gets Introduced … Read more