Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they were misled into buying what they now claim were unregistered securities, only to see their value collapse after Nike …
Monthly archives: April 2025
Canadians Elect Central Banker Mark Carney as Prime Minister After Trump’s Antics Upend Country’s Conservatives
Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday …
Trader Predicts Marketwide Crypto Pullback, Lists Five Altcoins To Watch Along With Downside Price Targets
A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to …
Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon
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Chainlink Flashes Daily Buy Signal – Breakout Next?
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Ethereum Price Completes Structure Break As Buyers Take Control, Why A Surge Above $4,400 Is Possible
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Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon?
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Crypto Analyst Shatters XRP Price Bullishness, Predicts Massive Crash To This Support Level
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Ledger scammers are sending letters to steal seed phrases
Scammers are mailing physical letters to the owners of Ledger crypto hardware wallets asking them to validate their private seed phrases in a bid to access the wallets to clean them out.In an April 29 X post, tech commentator Jacob Canfield shared a scam letter sent to his home via post that appeared to be …
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Trump Media considers crypto token and wallet for streaming arm
Trump Media and Technology Group, the social media conglomerate backed by US President Donald Trump, is considering integrating a crypto token and wallet into its video streaming site, Truth+.”We’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be …
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‘Deleting the Whole Blockchain’ – EU Regulators Say Entire Chain Histories Could be Erased for Personal Data Protection
Regulators in the European Union (EU) have released new guidance on blockchain technology as it pertains to the processing of personal data. In a new report, the European Data Protection Board (EDPB) says that in order to properly comply with the EU’s General Data Protection Regulation (GDPR), “evaluations” may need to be conducted on how …
Indian high court orders steps to block Proton Mail
The order issued in the High Court of Karnataka stemmed from a complaint alleging that employees of an Indian design firm received offensive emails through Proton Mail. A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities. In an April 29 hearing …
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Bitcoin price always rallies at least 50% after these two patterns emerge
Bitcoin price goes on a near-parabolic rally everytime these two events happen. Key takeaways: Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals. In three separate 7-week periods, Bitcoin rose 50% to 84%. Read more Go to Source
SEC punts decisions on XRP, DOGE ETFs
The filings respond to March proposals by NYSE Arca and Cboe BZX Exchange to list ETFs from Bitwise and Franklin Templeton. The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings show. The US regulator has delayed its deadline for …
Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report
Analysis from Fidelity Digital Assets says that multiple onchain metrics point to ETH price bottoming and being undervalued. Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount. The BTC/ETH market cap ratio is at mid-2020 levels. Read more Go to Source