The popular cryptocurrency Dogecoin has caught the attention of many investors, with its value skyrocketing in recent months. However, amidst this surge, the Internal Revenue Service (IRS) has decided to crack down on Dogecoin holders. The IRS announced that it will be slashing its staff by 20% in order to focus on enforcing tax regulations […]

The XRP community is anticipating the potential announcement of the settlement of the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple Labs Inc. As the settlement negotiation progresses, new updates on the causes of delays have emerged. According to Fox Business Senior Correspondent Charles Gasparino, the Ethereum ICO might be a […]

The founder of AML Bitcoin has been charged with wire fraud and money laundering. The Federal Court has accused Rowland Marcus Andrade of defrauding investors in a scheme involving the sale of a digital currency that claimed to comply with anti-money laundering regulations. Andrade allegedly falsely claimed that AML Bitcoin had partnerships with governmental agencies […]

HyperLiquid, a leading cryptocurrency exchange platform, has announced an increase in margin rules following a $4 million liquidation loss. This change aims to protect investors and ensure the security of their funds. The adjustment in margin rules comes after a significant loss due to the liquidation of a large number of leveraged positions. By tightening […]

Ethereum (ETH) price tumbled below $2,000 on Thursday as bulls failed to counter a wave of liquidations. This comes despite the latest US Producer Price Index (PPI) data confirming a continued slowdown in industrial inflation. With technical indicators flashing bearish signals and macroeconomic headwinds building, Ethereum now faces a critical test of investor confidence. Why […]

Cardano price is facing strong resistance as it struggles to maintain momentum above the $0.70 mark. The price battle comes amid the U.S. SEC delaying its decision on the Canary Capital ADA exchange-traded fund (ETF) application until May 29, prolonging uncertainty in the market. While whale accumulation suggests confidence among investors, ADA price action remains […]

In a recent development, DiGiFT, a digital fund specializing in decentralized finance, has announced a strategic investment in Invesco’s Private Credit Token on the Arbitrum blockchain. This move marks a significant step in the integration of traditional financial instruments into the rapidly evolving world of decentralized finance. The partnership between DiGiFT and Invesco represents a […]

Shiba Inu (SHIB) price has gained attention recently, but it is struggling to maintain momentum. Currently, SHIB is hovering near the $0.000011 support level, showing difficulty in recovering. Over the past week, the coin has dropped by 10%, following the general downturn in the broader crypto market. With this in mind, here are the top […]

Tether is angling to join Cantor Fitzgerald’s Bitcoin financing business, citing a long-term business relationship. A press release by Cantor Fitzgerald omitted the stablecoin issuer but its CEO says a partnership is still in play. Tether Wants To Join Cantor Fitzgerald’s Bitcoin Offering. After months of planning, financial services firm Cantor Fitzgerald announced plans to […]

The Senate Banking Committee has recently made progress on a groundbreaking stablecoin bill known as the Genius Stablecoin Bill. This pivotal legislation aims to regulate stablecoins more effectively within the cryptocurrency industry, providing much-needed clarity and security for users and investors. Stablecoins, a type of cryptocurrency designed to maintain a stable value by being pegged […]