Crypto News

In what can only be described as a monumental *facepalm*, 13 Republican lawmakers decided to do the unthinkable and break ranks with their party. They sided with the Democrats to block a vote that could’ve brought the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act to the floor. These bills are supposed to make the U.S. the undisputed leader in the digital asset game, but clearly, a few people in the House weren’t buying it. Not today, not ever.

Trading at a humble $3,160, Ethereum squints towards the shimmering horizon of $3,400, that tantalizing next level of resistance. Analysts, those wise but often perplexing soothsayers, suggest that a steady flow of corporate money and ETF cheerleaders will hoist ETH even higher in the near future. 🤑

In a recent CNBC Television interview, Ives proclaimed that the cybersecurity subsector is poised for an explosive year 🚀. But, of course, the market has other plans, undervaluing this hidden gem 💎.

The XRP burn mechanism is a crucial part of the XRP Ledger (XRPL) design, much like how the Death Star’s trash compactor keeps the galaxy tidy. Every transaction on the network incurs a small fee, which is then permanently destroyed or burned to prevent spam and maintain the network’s long-term integrity. It’s like the ultimate recycling program in the universe!

One might wonder, what could be more delightful than the ability to trade CME-listed cryptocurrency futures contracts while enjoying the serene beauty of these states? Kraken, with its characteristic flair, has integrated this new offering into its extensive spot crypto liquidity, providing a unified interface for managing both futures and spot markets. This, dear reader, is not just a trading platform; it is a veritable symphony of advanced trading strategies and efficient risk management. 🎻📊

Hot on the heels of Pump.fun’s blockbuster token sale, which managed to raise an obscene $1.32 billion by offloading 33% of its 1 trillion token supply at the grand price of $0.004 per token, this latest move is truly a spectacle. This sale placed PUMP’s fully-diluted valuation (FDV) at a dizzying $5.97 billion. The buyback was funded using fees from the platform itself, which saw the acquisition of over 3 billion tokens, as reported by EmberCN’s on-chain data. Cue the confetti! 🎉

As the winds of regulation shift favorably, accompanied by a surging demand for stablecoins, Citi’s ambitions lay bare the rapid metamorphosis that big banks are undergoing in their embrace of the digital. It’s as if the once-distant shores of blockchain have suddenly come within reach, and they’re diving in headfirst—swimming trunks optional.

There we go, a new high for $ETH / $BTC.

This signals that #Altcoins are the play for the coming period, as those will follow Ethereum in the momentum.

The breakout at 0.02425 was crucial.

Our protagonist, in cahoots with an international band of scoundrels hailing from Ghana, Nigeria, and Ireland (because who wouldn’t want to mix tax evasion with a holiday?), decided to spin a web of intrigue that dazzled even the most seasoned of con artists. Why go straight when you can take a delightful detour through the world of identity theft and fraudulent refunds, eh? 👀

This year alone, they’ve pocketed a neat $52 million, with Coinbase swooping in with nearly half of it. Talk about a relationship! 💖 They’ve accumulated more cash than they actually spent during the whirlwind of 2024, and trust me, it was a wild ride. Over $130 million was poured into congressional races to pump up the pro-crypto gang while kicking the anti-crypto brigade to the curb.