The United States Treasury has pushed for Congress to equip it with the “necessary tools” to tackle illicit finance linked to cryptocurrencies, including terrorist financing and sanctions evasion. In written testimony prepared for a Senate Banking, Housing, and Urban Affairs Committee hearing this Tuesday, U.S. Treasury Deputy Secretary Adewale O. Adeyemo argued that without Congressional action to equip the Treasury…
Month: April 2024
SushiSwap Community Cries Foul Over Vote to Centralize $53M Treasury
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Jiro, a developer at decentralized crypto exchange SushiSwap, has proposed a method “to enhance operational efficiency and accelerate protocol development.” However, with less than a day…
Trading for Beam (BEAM) starts April 11 – deposit now
We’re thrilled to announce that Beam (BEAM) is now available on Kraken! Important: Kraken will not be supporting the migration of MC tokens to BEAM. If you hold MC tokens and wish to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ. Alternatively, you can directly access the migration tool at…
Trading for Ondo (ONDO) starts April 11 – deposit now
We’re thrilled to announce that Ondo (ONDO) is now available on Kraken! Funding and trading Funding for ONDO is live and trading starts on April 11. Add ONDO to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit ONDO on Ethereum. Deposits using other networks will be lost. Got ONDO and a Kraken account?…
Toncoin Hits All-Time High Price, Flipping Cardano Out of Top 10
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports There’s a new entrant in the top 10 cryptocurrencies by market cap following Toncoin’s recent surge—and it’s flipped Cardano in the process. Toncoin (TON), the token…
Japanese Firm Metaplanet to Add $659M in Bitcoin to Its Treasury, Shares Soar 90% in Response
According to the latest figures, Metaplanet, a company listed on the Japanese stock exchange, witnessed its share price soar by nearly 90% in just one day. This significant jump came on the heels of the company’s announcement regarding its intention to incorporate 1 billion yen in bitcoin into its balance sheet. Metaplanet Joins Forces With […] Source: https://news.bitcoin.com/japanese-firm-metaplanet-to-add-659m-in-bitcoin-to-its-treasury-shares-soar-90-in-response/
SEC’s Postponement of Spot Ether ETF Approval Hits Crypto ETFs Amid Market Decline
The cryptocurrency market encountered challenges this week, particularly impacting crypto Exchange-Traded Funds (ETFs). The theme of cryptocurrency investment witnessed an overall decline of 5.99%, reflecting setbacks in major cryptocurrencies. Bitcoin retreated by 2.25%, slipping below the $70,000 mark, while Ethereum faced an even steeper decline, plummeting by 6.5%. Challenges with SEC and Spot ETFs The recent setback stemmed from actions…
Survey Indicates Decreased Consumer Skepticism Towards Bitcoin
According to a survey by Deutsche Bank released on Monday, consumers are showing slightly diminished skepticism towards bitcoin, though nearly one-third of respondents still foresee a significant drop in its price by the conclusion of 2024. Despite substantial investments poured into bitcoin with hopes of capitalizing on price surges, leading regulators have asserted its lack of intrinsic value and associated…
Saga Mainnet Launches Alongside Token on Binance—With More Airdrops Ahead
Saga, a new layer-1 blockchain network designed to let creators launch their own layer-1 chains, launched its mainnet early Tuesday, alongside its SAGA token that was first listed on major cryptocurrency exchange Binance. The rollout comes following a record-breaking Binance Launchpool campaign for SAGA, which saw more than 500,000 total Binance customers stake some $13.4 billion worth of crypto—across Binance…
Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market
After holding a leading spot among the top cryptocurrencies for years, cardano (ADA) has recently been relegated to the tenth position. This shift occurred as toncoin (TON) ascended, surpassing the market capitalization of cardano. Toncoin Overtakes Cardano in Market Cap Over the past year, bitcoin (BTC) has increased by 148.4% and ethereum (ETH) by 93.9%, […] Source: https://news.bitcoin.com/cardano-slips-to-10th-position-underperforming-in-a-surging-crypto-market/