April 2024

Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny

Last updated: April 30, 2024 05:13 EDT | 1 min read Experts warn that Venezuela’s likely shift towards digital currency necessitates stricter regulations. The development comes as Venezuela’s state oil company PDVSA is ramping up digital currency use for crude oil and fuel exports, according to Reuters. This decision follows the Biden administration declining to […]

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Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail

Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail

Last updated: April 30, 2024 03:02 EDT | 2 min read Keonne Rodriguez, one of the individuals associated with the popular cryptocurrency mixer Samourai Wallet, has entered a plea of not guilty to charges of money laundering.  The United States Justice Department had charged Rodriguez and his co-founder, William Hill, with various offenses related to their involvement with

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Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian

Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian

Last updated: April 30, 2024 01:22 EDT | 1 min read Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings. Zodia Custody will offer secure, institutional-grade custody solutions for Marathon’s crypto holdings located outside the United States, Monday’s announcement said. The need for secure and reliable storage of

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Hong Kong Launches Asia’s First Spot Bitcoin and Ethereum ETFs

Hong Kong Launches Asia’s First Spot Bitcoin and Ethereum ETFs

Last updated: April 30, 2024 00:49 EDT | 1 min read The Hong Kong Stock Exchange today announced the launch of new spot Bitcoin and Ethereum exchange-traded funds (ETFs). According to an official announcement by Hong Kong Exchanges and Clearing Limited (HKEX), the Bitcoin and Ethereum ETFs were welcomed on Tuesday, April 30, marking the

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The Most Recent Polkadot Price Predictions: Is There a DOT Rally Coming or Bear Market Confirmed?

The Most Recent Polkadot Price Predictions: Is There a DOT Rally Coming or Bear Market Confirmed?

TL;DR Polkadot’s DOT token, currently stable at $6.5, has received bullish short-term price predictions from analysts, with expectations of a rise toward $15 due to positive market dynamics. Other traders project even higher future valuations, with forecasts reaching up to $100 in a bull market scenario and a summer peak of $20. The Latest DOT

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Major Ripple (XRP) v. SEC Updates Coming This Week: Details

Major Ripple (XRP) v. SEC Updates Coming This Week: Details

TL;DR The legal spat between Ripple and the SEC has progressed to trial, with analysts predicting a win for the company due to previous positive court developments. Some expect an XRP bull run if the firm emerges victorious, though a final resolution may be delayed in the following years. An Eventful Week After firing shots

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New Viral Memecoin in Solana Network Stooges Launches $STOG Presale

New Viral Memecoin in Solana Network Stooges Launches $STOG Presale

[PRESS RELEASE – Medellin, Colombia, April 29th, 2024] Stooges, a community-driven memecoin on Solana, announced the upcoming presale for $STOG coins starting on May 10 on Pinksale. BitMart Exchange, a top-20 CEX, has already confirmed the coin’s upcoming listing, which should occur before its launch. Following the announcement, the Stooges’ team noticed a huge surge

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These Are The Biggest Altcoin Losers as Bitcoin (BTC) Dropped to 10-Day Lows (Market Watch)

These Are The Biggest Altcoin Losers as Bitcoin (BTC) Dropped to 10-Day Lows (Market Watch)

Bitcoin’s weekend was relatively positive as the asset climbed above $64,000 yesterday, but the start of the business week has brought more pain, with a new decline to under $62,000. The altcoins have followed suit with even more severe losses, and the total crypto market cap has decreased by around $60 billion. BTC’s Latest Nosedive

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Where Will Wild Week of Economic Events and Fed Rate Decision Drive Crypto Markets? 

Where Will Wild Week of Economic Events and Fed Rate Decision Drive Crypto Markets? 

The US economic calendar is brimming with activity this week, with the Federal Reserve reacting to rising PCE, PPI, and CPI inflation data. Moreover, the central bank’s decision and upcoming economic data releases will provide insights into the inflation battle and the broader US economic trajectory, shaping market sentiment for the months ahead. Additionally, a

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Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

Last updated: April 29, 2024 03:28 EDT | 1 min read Pakistan’s plans for a central bank digital currency (CBDC) gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again. At the World Economic Forum (WEF) special meeting in Riyadh, Aurangzeb highlighted the nation’s undocumented economy as its biggest hurdle, local

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