Senator Cynthia Lummis has been a vocal advocate for pro-crypto legislation in the US. She firmly believes that the crypto market has the potential to play a crucial role in the country’s economy, as long as the opportunity is not wasted. Lummis and other like-minded lawmakers have been working diligently to educate their colleagues about
Gemini, the crypto exchange founded by the Winklevoss twins, has made headlines with the successful recovery of virtually all its customers’ digital assets. This achievement is being hailed as one of the most successful industry recoveries from insolvency to date. The exchange announced that Gemini Earn customers have received a staggering $2.18 billion of their
Gemini, a prominent crypto exchange, announced that users of its Earn product have received a significant portion of their digital assets, totaling $2.18 billion. This recovery amounts to 97% of the total digital assets owed to Earn users, showcasing a remarkable turnaround since the collapse of crypto lender Genesis, which ceased withdrawals in November 2022.
Former FTX co-CEO, Ryan Salame, recently received a staggering 90-month prison sentence for his involvement in illegal activities. The United States Attorney for the Southern District of New York, Damian Lewis, announced the sentencing, shedding light on Salame’s crimes. Salame’s troubles began when he pled guilty to conspiring to make illegal political contributions and defraud
The Sandbox, a decentralized gaming platform, has taken a significant step towards decentralization by announcing the launch of its decentralized autonomous organization (DAO) known as The Sandbox DAO. This new initiative is designed to empower SAND token holders and virtual LAND owners, representing in-game plots, to actively participate in the platform’s governance. The implementation of
The Ethereum meme coin market is buzzing with excitement once again, with coins like Baby Apu Apustaja (BAPU) making significant gains overnight. BAPU has recently gained attention due to its strong project fundamentals and an innovative marketing campaign that has captured the imagination of Ethereum meme coin traders. The current market price of BAPU is
Bitcoin’s price has always been a topic of hot debate among investors and analysts. Cryptorphic, a well-known crypto analyst, has recently predicted a staggering price of $156,000 by May 27th, 2025. This prediction is based on the historical phenomenon of halving, where the number of Bitcoins rewarded for mining new blocks is cut in half
The US District Court for the District of Utah has made a significant ruling in the case involving the Securities and Exchange Commission (SEC) and DEBT Box. The court dismissed the SEC’s case against DEBT Box without prejudice and imposed over $1.8 million in fines against the watchdog for bad faith conduct. These fines, consisting
The recent surge in the price of SHIB on Solana has caught the attention of many traders and investors in the cryptocurrency market. With a 24-hour change of +5,300%, the token is currently trading at $0.00388, indicating a significant uptrend in price. This rapid increase in value has been fueled by the growing interest in
The NFT landscape has seen a significant shift in recent years, with Magic Eden Marketplace emerging as a leader in the space. Initially focused on Solana-based NFTs, Magic Eden has expanded its reach to support Ethereum NFTs and the latest Bitcoin ordinals. The marketplace’s unique wallet user count underscores its popularity and the trust users
The cryptocurrency market is buzzing with positive sentiment as renowned crypto analyst Crypto Con has shared a bullish outlook on Bitcoin. By examining past market behavior and trends, the expert has unearthed key indicators pointing towards a potential surge in the price of BTC. According to Crypto Con, historical patterns suggest that Bitcoin could skyrocket
The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has confirmed that it has not sold its significant Bitcoin holdings despite transferring over 140,000 BTC (approximately $10 billion) today. The trustee clarified in a statement that preparations to repay creditors were ongoing. According to the firm, the bankruptcy process will compensate creditors with fiat
After the recent approval of spot Ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission, analysts predict that Grayscale’s upcoming Ether ETF could potentially experience an average outflow of $110 million per day. This projection is based on the trend set by the company’s Bitcoin Trust, which transitioned into an ETF on January
Ethereum (ETH) is currently experiencing a significant technical breakout in the market, potentially setting the stage for a surge in value. Analyst Jelle points out that Ethereum has recently broken out from a bearish pattern known as the “falling wedge,” flipping key resistance levels into support zones. This breakout has propelled Ethereum towards the $4,000