Shiba Inu Price Drops: SHIB Meme Coin Traders Are Unfazed
Shiba Inu price drops, but SHIB traders are unfazed. Diamond hands hold 80% of the supply, while Shibarium hits 1 billion transactions. Will the meme coin market recover? Eyes on Solana, where most tokens were launched via Pump.fun in 2024. Despite the Shiba Inu price sinking 7% in the...
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Former Binance CEO CZ to Advise Kyrgyz Republic on Crypto and Blockchain Policy
Changpeng “CZ” Zhao, the former CEO of Binance, has signed a memorandum of understanding (MoU) with the Kyrgyz Republic to provide advisory services on crypto regulations and blockchain technology. The crypto agreement was announced by the country’s National Investment Agency (NIA), which oversees foreign investment and supports international business...
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U.S. Court Blocks Singapore’s Genius Group from Expanding Bitcoin Holdings
Singapore-based artificial intelligence company Genius Group has been temporarily barred from expanding its Bitcoin reserves following a U.S. court order. The company announced on April 3 that a New York District Court issued a preliminary injunction (PI) and temporary restraining order (TRO) on March 13, restricting it from selling...
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GameStop CEO Cohen Buys $10M of GME Shares Following Bitcoin Acquisition Plan
Ryan Cohen, the chairman and CEO of video retailer GameStop (GME), increased his stake in the company following the firm’s decision to add bitcoin (BTC) as a treasury reserve asset. According to a Thursday filing to the U.S. Securities and Exchange Commission (SEC), Cohen acquired an additional 500,000 shares...
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Cardano Foundation Targets $1.7B Data Breach Threat With New Privacy Tools
The Cardano Foundation has rolled out Veridian, a new open-source platform aimed at helping people and businesses manage their digital identities, according to a Friday release. Alongside it comes the Veridian Wallet, a tool designed to keep personal info secure and let users prove who they are online without...
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Creators of DeFi Firm Aave Launch Social Media Developer Network Lens Chain
Avara, the parent company of decentralized finance (DeFi) platform Aave, has announced the arrival of Lens Chain mainnet, a fast and inexpensive Ethereum overlay blockchain for developing decentralized social media applications. There are now several blockchain-oriented, or “Web3,” startups looking to provide users with an alternative to the giant,...
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Crypto funding rates plunge amid rising fears over Trump’s trade war
Looming recession fears are making traders hedge their bets, as falling funding rates and other indicators show....
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Arthur Hayes Predicts Money Printing Boom, Bullish for Bitcoin
BitMEX co-founder Arthur Hayes believes the economic chaos triggered by U.S. President Donald Trump’s sweeping tariffs will inevitably lead to a monetary easing cycle, which, in his view, will act as rocket fuel for Bitcoin (BTC). With digital asset markets struggling to stabilize, the crypto enthusiast is doubling down...
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U.S. March Jobs Growth of 228K Blows Through 135K Forecast
The U.S. employment situation continued to roll along in strong fashion in March, adding another piece to the puzzle as the Federal Reserve contemplates the path of short-term interest rates in a world that’s markedly changed in the last 48 hours. Nonfarm payrolls rose by 228,000 last month, the...
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Coinbase Stock Drops Into A Death Cross: Will XRP Futures Be Its Comeback Catalyst?
Coinbase Global Inc. (NASDAQ:COIN) has just flashed a dreaded Death Cross, the technical indicator that sends shivers down bullish spines. The stock’s 50-day simple moving average (SMA) has plunged below the 200-day SMA, historically a signal of bearish momentum. But before you start shorting Coinbase’s stock into oblivion, there’s...
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