The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million with BODEN. Source: https://cointelegraph.com/news/trader-earns-23-million-profit-solana-memecoin-trading
Month: April 2024
AI takes center stage as Microsoft and Google earnings signal booming market
Microsoft and Google’s Q2 earnings reports highlight significant revenue and profit increases, driven by their investments and advancements in AI technologies. Source: https://cointelegraph.com/news/ai-center-stage-microsoft-google-q2-earnings
US senators target cryptocurrency use in child abuse trade
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material. Source: https://cointelegraph.com/news/us-senators-child-abuse-crypto-payment
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […] Source: https://news.bitcoin.com/kenya-establishes-working-group-to-draft-rules-governing-crypto-entities/
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with […] Source: https://news.bitcoin.com/stripe-re-enters-crypto-payments-with-usdc-on-ethereum-polygon-and-solana/
Bitcoin bull market may return after $1.4T US liquidity spike — Prediction
Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes. Source: https://cointelegraph.com/news/bitcoin-bull-market-may-return-after-1-4t-us-liquidity-spike-prediction
Crypto-to-crypto swaps, explained
Crypto swapping allows users to quickly and easily switch between currencies on both centralized and decentralized exchanges. Source: https://cointelegraph.com/explained/crypto-to-crypto-swaps-explained
SlowMist uncovers crypto scam exploiting altered Ethereum nodes
SlowMist Technology’s report stated that this type of scam exploits users’ trust and negligence, resulting in asset losses. Source: https://cointelegraph.com/news/slowmist-uncovers-crypto-scam-exploiting-altered-ethereum-nodes
Pantera Capital Targets $1 Billion for New ‘All-in-One’ Blockchain Fund Set for 2025 Launch
Pantera Capital is planning to launch Pantera Fund V in April 2025, aiming to raise over $1 billion for investment in a diverse range of blockchain-based assets, representing a consolidation of its investment strategy into an ‘all-in-one’ fund. The new fund will include startup equity, early-stage tokens, and liquid tokens among its assets, and seeks […] Source: https://news.bitcoin.com/pantera-capital-targets-1-billion-for-new-all-in-one-blockchain-fund-set-for-2025-launch/
$510M longs at risk if Ether repeats last weekend’s volatility
Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions. Source: https://cointelegraph.com/news/510-million-longs-at-risk-ether-weekend-volatility