The relationship between the cryptocurrency industry and political figures is often fraught with tension, misunderstanding, and shifting allegiances. Recently, the digital asset lobby group Stand With Crypto, which enjoys backing from major industry players like Coinbase, found itself in the midst of a contentious debate following its ranking of Democratic presidential candidate Kamala Harris’s stance
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Ethereum has emerged as a cornerstone of the cryptocurrency ecosystem, driven by advancements in marketplaces and the stablecoin sector. A recent report by CoinShares, published on September 24, illustrates this point, noting that over half of Ethereum’s applications now revolve around marketplace functionalities and stablecoin usage. Yet, while Ethereum enjoys a robust position today, the
Shiba Inu (SHIB), a token born from the vibrant world of meme coins, has recently captured the attention of cryptocurrency enthusiasts and investors alike with a remarkable price surge of 35% over a single week. This upward trajectory elevated its market capitalization to over $11.5 billion, positioning it as the 14th largest cryptocurrency overall and
The upcoming trial of Roman Storm, co-founder of Tornado Cash, epitomizes the ongoing tension between technological innovation and regulatory compliance. Slated to begin on December 2 in New York, Storm faces serious money laundering charges that could have significant implications not only for him but also for the broader cryptocurrency development community and the decentralized
In a significant legal development, a Singapore court has granted a four-month moratorium to WazirX, one of India’s prominent cryptocurrency exchanges. This decision follows WazirX’s appeal for a temporary pause in its financial obligations, primarily in response to a catastrophic breach that compromised $234 million—affecting roughly 45% of its user base. The moratorium aims to
The cryptocurrency LINK, associated with the decentralized oracle network Chainlink, is capturing attention as its price experiences a notable breakout. This surge in value is not merely a fluctuation but is backed by measurable on-chain activity and an upsurge in investor confidence, as highlighted by various analysis platforms. This growth speaks volumes about the potential
In an upheaval that reveals the often precarious intersection of politics and law enforcement, New York City Mayor Eric Adams finds himself embroiled in a corruption investigation that has already led to significant upheaval within his administration. This crisis comes on the heels of a promising tenure, during which Adams emerged as a vocal champion
Bitcoin, often viewed as the bellwether for the cryptocurrency market, stands at a pivotal point in its pricing history. Currently trading near the significant $64K resistance level, the asset’s movement is under intense scrutiny. Recently, the price momentum has been on an upswing, bouncing back from critical support at $52K. This resurgence saw Bitcoin breach
In a significant move, Binance, the world’s leading cryptocurrency exchange, has decided to discontinue Turkish language support on its platform. This decision arises from evolving legal obligations imposed by Turkish authorities. While the company emphasizes its commitment to regulatory compliance, this step raises questions about the broader context surrounding cryptocurrency regulations in Turkey and the
Recent reports indicate a significant change in the landscape of Bitcoin (BTC) holdings, particularly spotlighting America’s ascendant role. As noted by CryptoQuant founder Ki Young Ju on September 26, the United States is regaining its foothold in Bitcoin ownership compared to other nations. Notably, this surge is largely attributed to the increasing demand for spot