Crypto Markets Brace for Volatility as $2.4B Bitcoin and Ethereum Options Expiry Looms
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Crypto Markets Brace for Volatility as $2.4B Bitcoin and Ethereum Options Expiry Looms

As the clock ticks closer to the expiry of $2.4 billion worth of Bitcoin and Ethereum options, crypto enthusiasts are bracing for potential market volatility and anticipating the impact on digital asset prices. Friday marks the expiration day for a significant portion of Bitcoin and Ethereum options contracts, totaling a staggering $2.4 billion in notional…

SEC’s Potential Reclassification of ETH Sparks Debate and Concerns in Crypto Community
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SEC’s Potential Reclassification of ETH Sparks Debate and Concerns in Crypto Community

Recent rumblings from the U.S. Securities and Exchange Commission (SEC) about potentially reclassifying Ethereum (ETH) have sent shockwaves through the cryptocurrency world, igniting debates and raising concerns among investors and industry insiders alike. Reports have surfaced suggesting that the SEC is mulling over the classification of Ethereum’s native token, ether, as a security. This revelation…

Arkham Flags FTX and Alameda Wallets for Liquidating $97.35 Million in Crypto Assets

Arkham Flags FTX and Alameda Wallets for Liquidating $97.35 Million in Crypto Assets

According to the latest data, transactions involving these two entities have raised eyebrows, amounting to a staggering $97.35 million worth of crypto assets liquidated within the past month alone. Arkham found that big amounts of money are being moved and sold in the crypto market. They noticed that most of these transactions involve the wallets…

ASX Ltd Expected to Approve Bitcoin ETFs as Australia Joins Crypto ETF Trend
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ASX Ltd Expected to Approve Bitcoin ETFs as Australia Joins Crypto ETF Trend

ASX Ltd Set to Embrace Bitcoin ETFs Amid Crypto Surge In a significant development for the cryptocurrency market, ASX Ltd., Australia’s leading exchange, is poised to greenlight the introduction of Bitcoin exchange-traded funds (ETFs) on its main board. This move comes amidst a global surge in interest in cryptocurrency ETFs and represents a pivotal moment…

Crackdown on Crypto Exchange Assistance by Chinese Police
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Crackdown on Crypto Exchange Assistance by Chinese Police

Chinese Police Define Assistance to Crypto Exchanges as Illegal, Threaten Prison Sentences local police in China are warning individuals against aiding cryptocurrency exchanges in expanding their user base. Reports indicate that community members who assist in facilitating the growth of crypto exchanges are being equated to accomplices in opening illegal casinos. Defining Illegal Activities: Chinese…

Taiwan Files New Charges Against ACE Crypto Exchange

Taiwan Files New Charges Against ACE Crypto Exchange

Taiwanese authorities have taken decisive action against the founder of ACE Crypto Exchange, David Pan, and 31 other individuals, filing new charges related to money laundering and fraud. The Allegations: In the latest development, Taiwanese prosecutors have indicted David Pan, along with 31 other suspects, on charges of money laundering and fraud. The charges stem…

Phoenix Wallet to be Delisted from US App Stores on May 3, 2024

Phoenix Wallet to be Delisted from US App Stores on May 3, 2024

Phoenix Wallet, a prominent Bitcoin wallet tailored for Lightning Network payments, has announced its impending removal from US app stores, scheduled for May 3, 2024. Upcoming Delisting: In a recent statement shared on social media platform Twitter, Phoenix Wallet informed users that it will cease to be available on US app stores starting May 3,…

NFTfi Announces Airdrop Applications Opening on April 30th
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NFTfi Announces Airdrop Applications Opening on April 30th

NFT lending protocol NFTfi has revealed plans to initiate its much-anticipated airdrop, with applications set to open on April 30th, offering users an opportunity to claim tokens over a 41-day period. Airdrop Announcement: In a recent announcement shared on social media platform Twitter, NFTfi disclosed that it would commence its airdrop application process on April…

Yuga Labs Announces Restructuring, Layoffs, and Focus on Game Development
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Yuga Labs Announces Restructuring, Layoffs, and Focus on Game Development

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), has announced significant changes to its operations, including a restructuring, layoffs, and a renewed focus on game development. What’s Happening: According to reports, Yuga Labs will be undergoing a restructuring process that involves both layoffs and the acceptance of voluntary departures from its team….

Vitlik Buterin Defends Ethereum’s Transition from PoW to PoS Amid Community Debate
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Vitlik Buterin Defends Ethereum’s Transition from PoW to PoS Amid Community Debate

Vitalik Buterin Addresses Ethereum Community Concerns Over PoW to PoS Transition Vitalik Buterin, the co-founder of Ethereum, recently weighed in on the ongoing debate within the Ethereum community regarding the transition from Proof of Work (PoW) to Proof of Stake (PoS). In response to private expressions of concern from community members wishing Ethereum had remained…

US Inflation Rises to 2.7% in March, Exceeding Market Expectations

US Inflation Rises to 2.7% in March, Exceeding Market Expectations

US Inflation Surpasses Expectations, Reaching 2.7% in March Inflation in the United States, as indicated by the change in the Personal Consumption Expenditures (PCE) Price Index, experienced a notable uptick in March, rising to 2.7% on a yearly basis. This figure marked an increase from the 2.5% recorded in February, according to data released by…

Stripe Re-Enters Crypto Payments Arena, Starting with USDC Stablecoin
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Stripe Re-Enters Crypto Payments Arena, Starting with USDC Stablecoin

Stripe Re-Enters Crypto Payments Arena, Starting with USDC Stablecoin Payments giant Stripe is making a comeback to the world of cryptocurrency payments after a six-year hiatus. According to reports from TechCrunch, the company has announced plans to once again accept cryptocurrency payments, with its initial support focused on the USD Coin (USDC) stablecoin. Stripe, online…

China’s Top Pro-Blockchain Official Yao Qian is Investigation by Government
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China’s Top Pro-Blockchain Official Yao Qian is Investigation by Government

China’s Top Pro-Blockchain Official Yao Qian Under Investigation by Government Yao Qian, one of China’s most prominent figures in the blockchain space, is currently under investigation by the Chinese government for suspected violations of law. The news of the investigation has sent shockwaves through the crypto community, as Yao Qian played a pivotal role in…