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Expectations that the highly anticipated Ethereum Spot Exchange-Traded Funds (ETFs) will be approved by the United States Securities and Exchange Commission (SEC) have continued to drop. In this regard, Justin Sun, founder of the Tron network, has made a significant prediction on the regulatory chances of Spot Ethereum ETF, indicating that it is unlikely that

The crypto market experienced a downturn over the past weekend, with major assets, including Bitcoin, Ethereum, and Solana, seeing notable declines. As investors look to the week ahead, several critical events loom that could influence market dynamics. Here’s a detailed examination of the five pivotal events set to shape the crypto landscape this week. #1

South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024. Related Reading: Akita Goes Digital: Japanese Society Uses Blockchain To Guard

Australia is poised to welcome a series of spot Bitcoin exchange-traded funds (ETFs) on its main stock exchange by the end of 2024, mirroring initiatives previously seen in the United States and Hong Kong. Key players in the financial industry, including Van Eck Associates Corp. and BetaShares Holdings Pty, are actively preparing for these launches,

The Akita Inu, a majestic breed hailing from Japan’s northern prefecture of Akita, has gained international acclaim in recent years. To combat rising concerns about pedigree forgery and lost documents, the Akita Inu Preservation Society is embracing the digital age. They’ve partnered with a tech firm to develop a secure system using blockchain technology, the

The US Department of Justice has released a rebuttal to Tornado Cash developer Roman Storm’s motion to dismiss the criminal charges levied against him by the government. In a filing submitted on Friday, the DOJ rebuffed several arguments made by the defendant’s lawyers while nudging the court to ensure the case undergoes a proper trial.

Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores. This development comes as the wallet’s founding company, ACINQ, criticizes the regulation of self-custodial wallets in the US. Related Reading: Custodia To File Appeal Over Denied Access To Fed Master Account Phoenix Wallet Terminates US Services

Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade. In a recent analysis titled “Does history make a case that Bitcoin has topped?”, Brandt throws cold water on the idea of a limitless price surge, suggesting the cryptocurrency might be nearing the summit of its current bull run. Related

Lookonchain has revealed insights into what might be new transactions by Justin Sun, founder of the TRON blockchain. Whale transactions are very rampant in the crypto industry. It is common practice for on-chain analytics platforms and cryptocurrency investors to keep a careful eye on the buying and selling activity of whales, as their movement tends

ZkSNACKs, developer of privacy-preserving Bitcoin wallet Wasabi Wallet, has announced that users from the United States will be blocked from accessing its products and platforms until further notice. This move has sparked interesting discussions and speculations in the crypto community, with many debating its connection to the recent arrest of Samourai Wallet’s founders. Why Did

Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) list, indicating a possible signal that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs.  Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Franklin Templeton’s Spot Ethereum ETF Gets Listed By

In a recent X (formerly Twitter) post, Shiba Inu marketing lead, Lucie shared a blog highlighting the date for the upcoming launch of Shibarium’s network hard fork. According to Lucie, the new update will deliver fresh and advanced features for community members and users within the Shibarium ecosystem.  Shiba Inu’s Shibarium Hard Fork Date Revealed

ADA is the native cryptocurrency of the Cardano blockchain network, which is used for transactions, staking, and as a means of participating in the platform’s governance. Recently, the price of ADA has been on a downtrend, and from the look of things the token is not showing any sign of reversing anytime soon.  ADA On

Samson Mow, CEO of Jan3, a Bitcoin adoption firm, recently reignited discussions on two crucial aspects of the cryptocurrency: user privacy and future price trajectory. In a thought-provoking conversation, Mow referenced Satoshi Nakamoto’s privacy vision from the Bitcoin white paper, emphasizing its continued relevance. Related Reading: Ethereum ETFs On Hold? US Regulators Expected To Block

Crypto analyst Kevin (formerly OG Yomi) has suggested that Dogecoin (DOGE) could record a 2,500% rally in this bull cycle. As part of his analysis, he highlighted key price targets that the meme coin could attain in this bull run.  Related Reading: David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation Why Dogecoin

Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Related Reading: David Vs. Goliath?

Custodia Bank has officially expressed its desire to appeal the US District Court ruling in Wyoming, which supported the decision of the Federal Reserve Bank of Kansas City (FRBKC) to deny the crypto bank a master account. This move is part of Custodia’s continued efforts to secure direct access to the Kansas City Fed’s payment

Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has announced a company restructuring and layoff for the second time in a little over six months. This announcement was made by the company’s CEO and co-founder, Greg Solano, who took the leadership position in February. ‘Lost’ Yuga Labs Needs To

Pro-XRP lawyer and crypto advocate John Deaton has filed an amicus brief supporting Coinbase’s motion to certify an interlocutory appeal in the exchange’s ongoing case with the US Securities and Exchange Commission (SEC). In this petition submitted to the US District Court for the Southern District of New York, Deaton also heavily criticized the SEC’s

The ongoing saga between the Taiwanese authorities and former executives from crypto exchange ACE continues with a new round of charges pressed against its founder, David Pan, and another 31 individuals linked to the case. The exchange and its former directors have been under investigation over alleged fraud and money laundering since January 2024. Authorities

In a joint effort to combat the illicit trafficking of child sexual abuse material (CSAM), US senators Elizabeth Warren and Bill Cassidy have written a letter to the US Department of Justice (DOJ) and Department of Homeland Security (DHS) expressing concern about the alleged use of crypto to facilitate these activities.  Alleged Link Between Crypto

New data has revealed that Bitcoin (BTC) mining might no longer be as lucrative as it used to be. Bloomberg has reported that the profitability of Bitcoin mining is nearing a record low, not seen since the days following the collapse of FTX, posing significant challenges for those securing the network. The data indicates that

Taking to X on April 26, one analyst notes that there is a high probability of Ethereum spiking in the sessions ahead because of thinning sell-side liquidity across major centralized exchanges like Binance and Coinbase.  Thin Sell-Side, Big Potential Move For ETH Thinning sell-side liquidity, as seen on order books across CEXes, means that few sellers are

Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues. Bitcoin Halving Effect Settles In On Miner Revenue As Runes Interest Drops A few days back, the much-anticipated Bitcoin Halving went through. Halvings are periodic events coded into the blockchain in which the BTC

Global digital currency exchange, Changelly has forecasted a bullish outlook for doggy-themed meme coin, Shiba Inu, predicting a surge to new all-time highs followed by subsequent bearish movements.  SHIB Expected To Reach New ATH In May On Wednesday, April 24, Changelly shared a price forecast for Shiba Inu, predicting the future value of the cryptocurrency

The US Securities and Exchange Commission (SEC) has taken legal action against Geosyn Mining, LLC, a Texas-based crypto mining and hosting company, and its co-founders, Caleb Ward and Jeremy McNutt, over allegations of engaging in unregistered and fraudulent activities. Geosyn’s Alleged Fraud Scheme According to the SEC, Geosyn, Ward, the company’s CEO, and McNutt, the

The direction of where the Bitcoin price could be headed next has been a bone of contention among industry players. Numerous forecasts have been made for the pioneer cryptocurrency, but one crypto analyst maintains that Bitcoin continues to be bullish even through its current choppy movements. Crypto Analyst Predicts Further Upside For Bitcoin Crypto analyst