Latest crypto news from the top resources in the space

  • Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
    Bitcoin News - 12 minutes ago
    Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their…
  • Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
    Bitcoin News - 2 hours ago
    Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized…
  • SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer
    Bitcoin News - 4 hours ago
    U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be…
  • Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
    Bitcoin News - 5 hours ago
    Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an upcoming U.S. debt crisis. According to Ryan, the demand derived from the increasing relevance of dollar-backed stablecoins, which…
  • Crypto Sector Secures $317M in Venture Capital Deals in Early June
    Bitcoin News - 7 hours ago
    With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with $43 million. 37…
  • The State of Crypto Merchant Adoption in 2024
    Bitcoin News - 9 hours ago
    Merchants are increasingly adopting cryptocurrencies like bitcoin and ethereum, reflecting a growing trend towards digital currency payments as a viable alternative to traditional means. Merchants Embrace Digital Currency Payments Cryptocurrency is no longer a fringe concept but a rapidly growing…
  • Salvadoran Government Introduces Bitcoin Banking Law Reform
    Bitcoin News - 10 hours ago
    The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide…
  • Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
    Bitcoin News - 11 hours ago
    According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos…
  • Openai Reportedly Mulling For-Profit Shift
    Bitcoin News - 11 hours ago
    Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given…
  • T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
    Bitcoin News - 12 hours ago
    This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to…
  • Crypto Clout: 64% Of BNB Coins Belong To Former Binance Boss
    Bitcoinist.com - 6 hours ago
    Changpeng Zhao (CZ), the former CEO of Binance, a leading cryptocurrency exchange, is currently serving a four-month prison sentence for breaching anti-money laundering regulations. Despite his incarceration, CZ’s control over Binance Coin (BNB), the platform’s native token, remains robust. Related Reading:…
  • Ripple Gets Big Break: SEC Lowers Settlement Demand To $103 Million
    Bitcoinist.com - 8 hours ago
    A glimmer of hope emerged for Ripple Labs this week in their ongoing legal battle with the SEC. The Securities and Exchange Commission slashed its proposed settlement amount from a staggering $2 billion to a more manageable $102.6 million. While…
  • Bitcoin Proponent Michael Saylor Forecasts Potential $8 Million BTC Price Tag
    Bitcoinist.com - 11 hours ago
    Fervent Bitcoin proponent Michael Saylor has made another very bullish prediction for Bitcoin’s price tag. His comments, which were made at a recent Prague event, have captured the attention of the crypto community, particularly due to the hefty price tag.…
  • Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy
    Bitcoinist.com - 13 hours ago
    Solana’s price action has been declining in the past 30 days, and the crypto recently retreated to $141.3, its lowest price in the timeframe. Interestingly, this decline has seen Solana hit a major support level, which could turn the tide…
  • Bitcoin Taker Buy/Sell Ratio Sees Notable Spike – What Does This Mean For BTC Price?
    Bitcoinist.com - 15 hours ago
    On-chain data shows that the Bitcoin taker buy/sell ratio has experienced a significant surge on a particular crypto exchange. Here’s how it could impact the price of the premier cryptocurrency. Bitcoin Investors Buying The Dip On This Exchange Prominent crypto…
  • FTX Estate Faces Competing Claims For SBF’s Forfeited Assets
    Bitcoinist.com - 17 hours ago
    In an interesting development, the FTX Debtors’ Estate is currently battling claims from certain parties over the ownership of assets forfeited by Sam Bankman-Fried (SBF) following the criminal conviction of the former FTX CEO for fraud and money laundering. In…
  • A Pump And Dump? Celebrity Memecoins Get A Boost From Lil Pump’s Solana Stunt
    Bitcoinist.com - 1 day ago
    The world of memecoins has entered a bizarre new chapter, fueled by the outlandish antics of celebrities and questionable financial ventures. The latest episode features rapper Lil Pump, whose recent social media activity has left the crypto community scratching their…
  • Crypto Market Experts Say Dogecoin ETF Is Coming As Meme Coins Gain Ground
    Bitcoinist.com - 1 day ago
    Two prominent crypto market experts have shed light on the future of meme coins in this market cycle, predicting the potential launch of a Dogecoin Exchange-Traded Fund (ETF) soon.  Crypto Heavyweights Affirm Dogecoin ETF Is Coming Co-founder of BitMEX, Arthur…

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