In Brief Senator Ted Cruz has entered the Bitcoin mining industry by acquiring and operating three Bitcoin miners in Iraan, Texas. Marathon Digital CEO Fred Thiel praised Cruz for his initiative, highlighting its importance in securing the Bitcoin network. Meanwhile, Oklahoma has passed House Bill 1600 to provide tax credits to digital asset mining operations…
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In Brief Donald Trump asks Bitcoin Magazine’s CEO about Bitcoin’s potential to address the $35 trillion US national debt. Advisor David Bailey and his team propose pro-crypto policies for Trump’s campaign, including an executive order. Trump explores Bitcoin for US debt solution, as crypto advisor Bailey proposes pro-crypto policies and seeks donations. Donald Trump is…
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In Brief Uniswap has indefinitely delayed its fee switch proposal due to concerns raised by an unnamed stakeholder. This significantly impacted the value of the DEX protocol’s UNI token, falling around 5% to under $10. Some community members have suggested that the delay was caused by by venture capital interests. Uniswap, the decentralized exchange platform,…
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In Brief BONK price fell to trade at $0.00003571 and will likely observe consolidation going forward. The Open Interest shows that contracts worth nearly $8 million have been pulled in 48 hours. However, the Relative Strength Index (RSI) bounces back up from the neutral line at 50.0. BONK’s price is no stranger to volatile moves,…
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In Brief PEPE price is bouncing back from the support of $0.00001369, heading towards $0.00001725. The large wallet holders support the outcome, having bought 2 trillion PEPE last week. About 30 trillion PEPE worth $377 million is also at the cusp of turning profitable, keeping investors motivated. PEPE price made history this week and could…
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In Brief Adhering to AML standards is crucial for compliance and preventing legal issues in the crypto industry. Innovations like zero-knowledge proofs help balance compliance with privacy in cryptocurrency. Effective contract crafting and robust dispute resolution are key for navigating regulatory challenges. Navigating the regulatory environment of the cryptocurrency industry worldwide can be a daunting…
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In Brief Toncoin’s price is close to breaching the critical resistance of $6.50, which could support a rise. The overall deposits on the exchanges at the hands of FET holders have hit a two-month low. Selling is out of the way because the supply held by short-term holders has dropped considerably this week. Toncoin’s (TON)…
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In Brief GameFi’s revival driven by innovation, market adaptation, and a growing global audience. Southeast Asia’s tech-savvy population plays a crucial role in GameFi’s resurgence. Balancing asset scarcity and accessibility is vital for sustainable GameFi ecosystems. GameFi, once a buzzword in the cryptocurrency market, is now resurging with a vengeance. This revival is driven by…
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In Brief Crypto analysts predict substantial gains for investors in the upcoming altcoin season. Strategic positioning and timing are crucial; altcoins could yield 100x returns in months. A whale’s $25 million altcoin purchase signals market confidence, boosting optimism. A prominent cryptocurrency analyst, Cyclop, has declared the beginning of an impending altcoin season, predicting significant gains…
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In Brief Avalanche’s price recently broke out of its consolidation within $39 and $31, which it might fail. Market cues suggest a decline is next for the altcoin as the MACD is close to a bearish crossover. Nearly $409 million worth of AVAX is sitting between $37 and $41, awaiting profits, creating resistance. Avalanche’s (AVAX)…
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