BlackRock’s BUIDL becomes the world’s largest tokenized treasury fund
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund. Go to Source
Month: April 2024
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker emphasized that Gensler intentionally misled Congress on the issue. ‘Chair Gensler Himself Misled Congress’ The … Read more
Raoul Pal Signals ‘Banana Zone’ Rally, Predicts Strong ‘Crypto Summer’ for Digital Assets
With cryptocurrency values on the decline and bitcoin down 13% from a month ago, British financial expert Raoul Pal predicts a rebound during the “Crypto Summer.” According to Pal, this rise will generate widespread excitement, and “everything will get caught up in euphoria.” British Financial Guru Spells Out Next Big Crypto Wave: ‘Full Mania’ Expected … Read more
Bitcoin Runes Shows Strong Performance In First Week Since Launch
Bitcoin Runes, the latest addition to the cryptocurrency landscape, has made significant strides since its official launch over a week ago. According to insights from coin98analytics, the platform has seen remarkable growth and activity across various metrics. As of now, there are a total of 52,925 Runes in circulation, with 48,578 currently open for etching. … Read more
Pendle Sees Significant Decline Amidst Market Volatility
Pendle has witnessed a substantial downturn, with a 16% decrease today and a 34% drop over the past week, bringing its price below the $5 threshold to $4.3. In a recent transaction, HashKey withdrew 178,126 PENDLE ($771K) from Binance at a price of $4.33, adding to their existing holding of 624,804 PENDLE ($2.71M). Known for … Read more
Top 10 Cryptos to Invest in: BlockDAG Leads BTC, ETH, and Others
May 2024’s Most Lucrative Crypto Presales: Which Crypto Presale Leads With 30,000x ROI? As the crypto presale market heats up in 2024, BlockDAG takes the lead with a staggering $21.7 million raised and 8.3 billion coins sold, setting a high benchmark in the sector as one of the top promising crypto presales. This dynamic market … Read more
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom. Go to Source
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million. Go to Source
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com regarding the allegations against the company’s founder. Bitcoin Investor Roger Ver Charged With Tax Evasion According to … Read more
CZ sentenced: A chronology of Binance’s legal battles in the US
Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws. Go to Source
