SafeMoon (SFM) CEO John Karony took to X (formerly Twitter) on April 21 to defend his innocence after being charged by U.S. officials with fraud over a multi-million dollar crypto scheme last November. “I’ll keep this post brief and to the point. I’m innocent, I didn’t commit fraud,” Karony wrote. “Looking forward to this case...
Notably, a downward trendline near the pivot point of $65,214 suggests resistance; thus, remaining below this mark could maintain bearish pressures. However, a breach above this level could shift momentum favorably for Bitcoin, pointing towards a more bullish stance. Act Fast to Buy Dogeverse Before Imminent Price Hike Dogeverse, a meme coin making waves across...
Presidential candidate Robert F. Kennedy Jr. is committed to transforming the US budget system by adopting blockchain technology. He revealed his plans during a campaign rally in Michigan on April 21, where he explained that the shift would enable Americans to access “every budget item anytime they want, 24 hours a day.” During his campaign,...
In the latest Bitcoin price prediction, the cryptocurrency has climbed to $65,225, marking a 1.50% increase on Sunday. This uptick reflects growing investor confidence, potentially influenced by high-profile investments and bullish market sentiment surrounding digital assets. As Bitcoin continues to draw interest from both retail and institutional investors, its trajectory remains a focal point in...
Bitcoin transaction fees experienced a significant drop just one day after reaching an all-time high average of $128 on April 20, coinciding with the fourth Bitcoin halving. As of April 21, the average fees for medium-priority transactions on the Bitcoin network fell to a range of $8-10, according to data from mempool.space. The preceding day had...
Mt. Gox is approaching the final phase of its long-anticipated compensation process for creditors. According to an April 21 report shared on Reddit, the defunct exchange is projected to disburse 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million) by October 2024. Some Mt. Gox Creditors Received Repayment Several Mt....
Crypto adoption is heating up in the Middle East, with the average daily number of crypto traders in the area surpassing 500,000 in February 2024, according to Bitget Research. The surge represents a 51% increase from February 2023, based on data from centralized crypto exchanges (CEXs). The region mostly depends on global crypto platforms for...
BlackRock’s spot Bitcoin exchange-traded funds (ETF) iShares Bitcoin Trust trading under the ticker “IBIT” has seen inflows 69 days straight, said Bloomberg Intelligence ETF analyst Eric Balchunas in a social media post. The fourth Bitcoin halving took place late on Friday at block height 840,000. This marked a pivotal change in the cryptocurrency’s supply dynamics....
Woo X Exchange made history by introducing the world’s first tokenized U.S. Treasury bills on April 22, providing retail investors access to the traditional financial asset through its RWA Earn Vaults. Developed in collaboration with institutional tokenization firm OpenTrade, the RWA Earn Vaults offer users the opportunity to earn yields by holding Circle’s USD Coin...
The Chinese Embassy in Angola has reminded its nationals on Angola’s recent prohibition of all crypto mining activities. The authority issued firm warning, emphasizing severe penalties to those who violate the law. The Angolan parliament passed a bill early this year on the “Prohibition of Cryptocurrency and Other Virtual Asset Mining,” which became effective on...