Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously pursued crypto cases” during Trump’s first presidential term and that it brought “daylight and regulation” to the burgeoning industry. She predicted that the …
Monthly archives: May 2024
Buenos Aires Targets Worldcoin With Eye Scanning Biometric Bill
A bill that seeks to regulate the activities of companies that scan the eyes of their users, like Worldcoin, has been recently introduced in Buenos Aires. The law aims to protect the app users’ rights and help them to secure and determine the destination of the biometric data collected by these entities. Eye Scanning Bill …
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US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), …
Hugewin Crypto Casino: Redefining Cryptocurrency Gaming With Unrivaled Diversity and Unmatched Excitement
Hugewin Crypto Casino proudly announces its emergence as a groundbreaking force in the realm of cryptocurrency gaming, offering an unparalleled fusion of innovation, diversity, and excitement. With a comprehensive suite of games, a plethora of cryptocurrency options, and enticing promotions, Hugewin sets a new standard for online gaming platforms. Diversity in Cryptocurrency Options: Hugewin stands …
JPMorgan Chase, Bank of America and Citibank Holding $7,427,000,000,000 Off-Balance Sheet in Potentially Dangerous Cocktail of Unknown Assets: Report
JPMorgan Chase, Bank of America and Citibank are keeping trillions of dollars in unknown and potentially risky assets off of their balance sheets, according to new data from the US government. The new numbers – compiled by the Federal Financial Institutions Examination Council (FFIEC) and first reported on by Wall Street on Parade – show JPMorgan …
Pantera Capital Announces Investment in Layer-1 Blockchain Toncoin, Triggering Modest Price Jump for TON
Crypto asset manager Pantera Capital announced on Thursday that it’s investing in the layer-1 altcoin TON, triggering a modest rally for the asset. TON is the native token for a layer-1 blockchain initially developed by the encrypted messaging platform Telegram. Telegram parted ways with the project in 2020 following a legal battle with the U.S. …
Memecoins Resurgence? POPCAT And MEW Lead The Way With 20% Surge
As the crypto market settles in on this new phase of the crypto cycle, some memecoins have shown remarkable performance over the last couple of days. Cat-theme tokens have significantly grown in popularity during this bull run, with some, like Cat in a Dog’s World (MEW), making it to the top 10 memecoins list. Other …
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Fantom Revival: Crypto Analyst Predicts A Jump To $1.2 For FTM Price
Fantom (FTM) had initially reclaimed the $1 level back in March and expectations were that the coin would rise to $2. But that was before the market crash sent prices spiraling, and Fantom lost almost 50% of its value during this time. However, all hope is not lost of for the coin, as one crypto …
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XRP Forms On-Chain Signal That Led To 16% Crash Last Time
On-chain data shows that many old coins have moved on the XRP network recently, a sign that proved to be bearish for the coin last time. XRP Age Consumed Metric Has Registered A Large Spike According to data from the on-chain analytics firm Santiment, XRP has just observed a large movement of dormant coins similar …
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Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range
Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold. This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels …
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Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon
Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto’s favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon. An Imminent Quantitative Easing Would Be Good For …
Former Cred execs face wire fraud and money laundering charges
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8.
Dogecoin Rival Shiba Inu (SHIB) Completes Highly Anticipated Shibarium Hard Fork
Dogecoin (DOGE) competitor Shiba Inu (SHIB) is announcing the completion of its highly anticipated Shibarium hard fork. In a new thread on the social media platform X, the team behind the dog-themed meme asset says they have officially completed the Shibarium hard fork, a move traders have been expecting since last year. “Shibarium has successfully …
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Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase
Galaxy reported an assortment of VC investment data, including nearly $2.5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter. The growth represents the first increase by both measures in three quarters, …
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Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge
Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC. BTCUSD Longs: Bitfinex: (Source: TradingView) Analyzing Bitfinex whale activity in 2024 reveals a clear pattern: On Feb. 10, these whales held over 76,000 BTC, but by March’s …
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