Two US lawmakers, Senators Cynthia Lummis and Ron Wyden, have recently voiced their opposition to the Department of Justice’s attempt to broaden the definition of a money-transmitting business. They argue that this expansion could potentially criminalize non-custodial crypto asset software services. In a letter to US Attorney General Merrick Garland, the lawmakers expressed their concerns
Bitcoin’s price has been struggling to maintain its bullish momentum after a significant drop from the $75K level. However, despite the bearish sentiment in the market, there are indications that a new wave of bullish movement may be on the horizon. Looking at the daily chart, it is clear that Bitcoin has been trading within
In the current volatile market where Bitcoin’s future is uncertain, cryptocurrency analyst Crypto Jelle has provided a positive perspective on the digital asset. Despite the recent price consolidations and skepticism from the community, Jelle believes that Bitcoin’s bull run is far from over and predicts a significant rally in the coming months. Crypto Jelle’s Analysis
Bitcoin is currently facing a crucial moment in its price movement as highlighted by crypto analyst Ali Martinez. The analyst pointed out that for Bitcoin to climb to $76,000, it needs to reclaim $64,290 as support. Failure to do so could result in a significant drop to $51,970, a level not seen since the beginning
Big Time, a fantasy game that has gained popularity among gamers, has recently introduced a VIP program designed to reward dedicated players with exclusive benefits. This program is closely tied to the $BIGTIME tokens that players can collect from boss chests within the game. In this article, we will delve deeper into the details of
Robinhood, the popular millennial trading platform, recently released its first-quarter earnings report, stunning analysts with record breaking revenues. The company reported revenues of $618 million, marking a significant 40% increase year-over-year. What’s more, revenue from cryptocurrencies saw an impressive surge of 232%, reaching $126 million. This growth was primarily attributed to a 59% increase in
Polkadot, a blockchain protocol, has recently made significant improvements to its network performance. One of the key advancements includes enabling Asynchronous Backing on the network. This optimized approach for validating how parachain blocks are processed by the Relay Chain has resulted in blocks being produced twice as fast and a 6-10 times boost in available
The Hong Kong police force is currently on the lookout for four individuals who abducted a 55-year-old crypto investor in Tai Lau Leng Village, Sheung Shui district. The victim was riding in a car with her husband when the suspects stopped them and used a stun gun on the husband to take her away. She
As the U.S. presidential election approaches, the topic of cryptocurrency is gaining traction among voters. According to a survey conducted by the Digital Currency Group (DCG), one in five registered voters consider crypto to be a major issue in the upcoming 2024 election. The survey revealed that approximately 40% of voters want the candidates to
Bitcoin, the premier cryptocurrency, has been experiencing a slowdown not only in its price action but also in on-chain activity. This has raised concerns among investors who closely monitor these metrics to gauge the health of the market. One of the concerning metrics is the transaction volume on the Bitcoin network, which has been on