Congress gets ready for ‘Crypto Week’ as the industry calls on lawmakers to take action.
US House Prepares for “Crypto Week” The US House of Representatives is gearing up for a week focused on cryptocurrency, dubbed “Crypto Week.” Scheduled from Monday to Friday, this initiative could significantly influence the nation’s regulations on digital assets. This week’s episode of Byte-size insights looks into whether the political dynamics surrounding these bills, along […]
More than $1 Billion in Liquidations Highlights Struggles Facing Crypto Bears
Bitcoin’s Remarkable Surge Leaves Skeptics Behind Recently, Bitcoin has been on an impressive rally, reaching a record high that has caught many by surprise. Data from Coinglass indicates that over 279,000 traders have lost their positions during this upward trend as Bitcoin soared to $118,847. Notably, the largest single liquidation amounted to $88.5 million at […]
Insights on Bitcoin’s Record Price from Crypto Derivatives
Simply put Bitcoin jumped over 6% on Thursday, surpassing $117,500, primarily due to the liquidation of short positions amounting to more than $1 billion. Experts suggest that this rally might be temporary, with derivatives pointing towards a lack of demand in the spot market. Even with this upward movement, funding rates stayed low, indicating a […]
Donald Trump Jr. Invests $4M in Crypto Treasury Firm Thumzup
Donald Trump Jr. Invests in Thumzup Media Corporation Donald Trump Jr. has recently purchased 350,000 shares from Thumzup Media Corporation, which amounts to about $4 million. This company is actively involved in a bold cryptocurrency strategy. Thumzup has diversified its digital asset portfolio, moving beyond Bitcoin to include Ethereum, Solana, XRP, Dogecoin, Litecoin, and USDC […]
Trump Supporter Likens Crypto Industry’s Self-Regulation to a Spilled ‘Urine Sample’
Simply put Both Republicans and Democrats voiced concerns regarding the Cryptomarket Structure Bill during a Senate Banking Committee hearing held on Wednesday. Sen. John Kennedy (R-LA) expressed skepticism about letting the crypto sector dictate its own rules, recalling a similar scenario with tech companies that yielded poor outcomes. Senate Democrats used the hearings to point […]
Interested in Crypto? Here Are 2 Stocks to Consider
Cryptocurrency Interest Surges Cryptocurrency has certainly caught the eye of many investors in the past year, particularly after a bullish turn in the market. It’s widely acknowledged that crypto can be quite volatile, which often puts off more cautious investors. However, there are still ways for individuals to gain exposure to this asset class through […]
Solana bot scam on GitHub takes crypto from users.
A GitHub repository, disguising itself as a legitimate Solana Trading BOT, has come under scrutiny for allegedly harboring malware that steals cryptocurrency. According to a report from Friday, the repository known as Solana-Pumpun-Bot, managed by the account “ZLDP2002” and flagged by blockchain security firm SlowMist, imitates a genuine open-source tool for gathering user credentials. Concerns […]
Ethereum is shaping Wall Street’s future. The crypto events at Cannes demonstrate its progress.
Ethereum Shines at Cannes: A Look at the Crypto Landscape Cannes – Wall Street’s evolving infrastructure, powered by Ethereum, has taken center stage this week. In a venue familiar from the Cannes Film Festival, the Ethereum Community Conference (Ethcc) gathered crypto innovators, and developers, transforming a beachside town into a hub for discussion and networking. […]
Belgian court finds three guilty in the abduction of a crypto investor’s wife
Belgian Court Sentences Trio in Crypto Kidnapping Case A Belgian court has sentenced three individuals for their involvement in a cryptocurrency-related kidnapping of the wife of local crypto entrepreneur Stephen Winkel. According to reports from La Dernière Heure, the Brussels Crown Court handed down a 12-year prison sentence to the perpetrators who attacked Winkel’s wife […]
Republicans in the US announce ‘Crypto Week’ to consider three cryptocurrency bills.
Upcoming Crypto Legislation in the US House Republican leaders in the US House are gearing up to consider three significant cryptocurrency bills during what they’re calling “Crypto Week,” set for mid-July. Chairman French Hill of the House Finance Committee and Glen Thompson of the Agriculture Committee, along with Speaker Mike Johnson, announced that from July […]