Business

12 April

Bitcoin Whales Go on a Buying Spree: $3.6B Added in 24 Hours

In a significant market development, Bitcoin whales—large investors who hold substantial amounts of the cryptocurrency—have aggressively added to their positions, purchasing a staggering $3.6 billion worth of BTC in just a 24-hour period. This move has sent ripples through the cryptocurrency market, raising speculation about the motivations behind the surge in whale activity. The influx of funds comes at a …

12 April

Bitcoin Maximalist Takes Aim: Ethereum’s Value Could Be Far Lower

In the ongoing debate between Bitcoin and Ethereum, one Bitcoin maximalist has raised a bold claim, arguing that Ethereum’s true value might be significantly lower than many believe. Known for his staunch advocacy for Bitcoin as the only true cryptocurrency, the analyst suggests that Ethereum’s market price doesn’t fully reflect its fundamental shortcomings. The argument hinges on Ethereum’s reliance on …

12 April

Crypto Analyst Predicts 30% Crash: Dogecoin’s Breakout Was a False Alarm

Dogecoin, which has enjoyed several surges in popularity and price, may be heading for a significant pullback, according to a warning from a prominent crypto analyst. Despite recent bullish momentum, the analyst claims Dogecoin’s latest breakout was a false alarm, forecasting a potential 30% crash in the coming weeks. The prediction comes after Dogecoin’s price rallied sharply, briefly breaking above …

12 April

Is the End in Sight? Crucial Signals Suggest Dogecoin’s Correction May Be Over

Dogecoin, the meme-inspired cryptocurrency that has captured the attention of both retail traders and high-profile investors, may be nearing the end of its recent correction. After weeks of declining prices and sideways movement, technical and on-chain indicators now suggest that DOGE could be forming a bottom. The asset, which saw significant gains earlier this year, has experienced a multi-week pullback …

12 April

Crypto Industry Breathes Easy as SEC Dismisses Case Against Nova Labs

In a significant win for the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) has decided to drop its case against Nova Labs, a blockchain development company known for its innovative work in decentralized technology. The move has sent waves of relief throughout the crypto industry, as the SEC’s decision could signal a shift in how regulators approach blockchain-based …

12 April

Crypto Scam Exposed: Nigerian Behind $2.5M Scheme Arrested in US

A major cryptocurrency fraud scheme, totaling $2.5 million, has been dismantled after U.S. authorities tracked down and arrested a Nigerian suspect allegedly behind the operation. The scam, which spanned several countries, involved a series of fraudulent cryptocurrency investments, misleading investors into believing they were participating in legitimate trading opportunities. The suspect, identified as 32-year-old Chike Uche, was apprehended in the …

11 April

Crypto and Corruption? Senator Murphy Slams Trump with Bribery Allegations

In a bombshell accusation that’s sending shockwaves through Washington, Senator Chris Murphy (D-CT) accused former President Donald Trump of using cryptocurrency as a covert channel for political bribery and influence-peddling. Speaking at a Senate subcommittee hearing on digital finance oversight Thursday morning, Murphy warned of what he called a “shadow economy of influence,” alleging that Trump and his allies have …

11 April

Crypto Rallies on US Tariff Pause, But Underlying Metrics Stay Weak: CryptoQuant

Cryptocurrency markets saw a short-term boost following news that the Biden administration would temporarily pause additional tariffs on select imports, sparking optimism across risk-on assets. However, analysts at CryptoQuant warn that on-chain metrics and market fundamentals remain weak, signaling that a sustained rally may not be imminent. Market Reaction to Tariff News Major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), …

11 April

Logistics Firm Pushes Russia to Embrace Crypto for Cross-Border Payments

A leading Russian logistics company has formally requested that the government legalize the use of cryptocurrency for international transactions, citing the need for more efficient and sanction-resistant payment alternatives in the face of ongoing financial restrictions. The appeal was made to Russia’s Ministry of Finance and Central Bank, urging policymakers to consider integrating blockchain-based payment options into the legal trade …

11 April

Japan Moves to Redefine Crypto: FSA Suggests Two New Asset Categories

Japan’s Financial Services Agency (FSA) has announced a major step toward reshaping the regulatory framework for digital assets in the country. In a proposal released this week, the agency suggested splitting crypto assets into two distinct categories, aiming to provide clearer regulatory guidance and improve investor protection. The FSA is currently seeking public feedback on the proposal, signaling a potentially …