The Ethereum Foundation is realigning its developmental strategy to address core protocol efficiency and user experience challenges, following recent leadership changes earlier this year. Co-executive director Tomasz Stańczak outlined the updated focus areas in a public statement on X earlier today, emphasizing that the shift is intended to strengt
Paul Atkins, nominated by Trump, has been sworn in as SEC chair
Update: April 22 at 12:35am UTC: This story has been updated to include more details of Paul Atkins being sworn in as the SEC’s chair. Paul Atkins has officially been sworn in as the 34th chairman of the US Securities and Exchange Commission. The April 21 announcement comes nearly two weeks after Atkins’ position was […]
US Lawmaker Cracks Down on Crypto Investors Utilizing Puerto Rico as a Tax Haven
Nydia Velazquez Advocates for Crypto Legislation in Puerto Rico to Address Tax Concerns Congresswoman Nydia Velazquez is taking action to address the tax implications of cryptocurrency in Puerto Rico. With the rise of digital assets, there has been a growing concern about how they are being taxed in the United States territory. Velazquez recognizes
XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months
In a surprising move within the crypto market, XRP has surpassed Ethereum (ETH) in a key valuation metric: Fully Diluted Market Capitalization (FDMC). While Ethereum has been in a downtrend this bull cycle, XRP’s performance over the last six months has been nothing short of impressive, leading to it quietly overtaking the world’s second-largest cr
Bitcoin Realized Cap Hits All-Time High: Wealth Flows In And Investors Hold
Bitcoin is now facing a critical test after breaking above the $87,000 mark, following several days of tight consolidation between the $82K and $85K range. This breakout comes at a pivotal time, as global macroeconomic uncertainty and geopolitical tensions continue to weigh on financial markets. With the U.S. and China locked in an escalating trade
US lawmaker targets crypto investors using Puerto Rico as a tax haven
A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven. According to an April 21 Bloomberg report, New York Representative Nydia Velázquez introduced the Fair Taxation of Digital Assets in Puerto Rico Act, a bill that could change […]
Dogecoin Reaches Support Level Against Bitcoin That Led To The Rally In 2021, Is A Repeat Possible?
Meme cryptocurrency Dogecoin is currently trading at an important support level against Bitcoin, a level that previously triggered its historic bull run in 2021. This significant observation comes from crypto analyst MasterAnanda, whose latest technical analysis on the TradingView platform highlights the potential for another major Dogecoin rally b
Solana Short-Term Indicator Signals Potential Risk – Reversal Or Pause?
Solana is showing signs of strength as it pushes above a key resistance level, suggesting that bulls are beginning to regain some control after weeks of weakness. The broader crypto market remains volatile, driven by ongoing macroeconomic uncertainty and heightened trade tensions between the US and China. Despite these risks, investor sentiment app
Investors Take Legal Action Against Meteora and VC Firm for Alleged Fraud
The Meteora class action lawsuit has been filed, accusing the company of engaging in blatant fraud related to the fraudulent M3M3 scheme. The lawsuit alleges that investors were misled and defrauded by Meteora, leading to significant financial losses. According to the allegations, Meteora promoted the M3M3 scheme as a legitimate investment opportun
Bitcoin Reclaims $87,500, But Watch Out For 8% Open Interest Spike
Data shows the Bitcoin Open Interest has registered a sharp increase as the cryptocurrency’s price has recovered beyond $87,500. Bitcoin Open Interest Is Up More Than $2 Billion As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Open Interest has shot up for Bitcoin during the past day. The […]