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Rep James Comer is investigating the claims of Operation Chokepoint 2.0. The Rep has sent letters to Andreessen Horowitz, Coinbase, and Uniswap for evidence. Donald Trump’s administration is already stirring a shift in the crypto approach. The United States Congress is finally looking into the case put forward by crypto exchanges regarding Operation Chokepoint 2.0….
Cardano’s Stake Pool Operators must update their nodes, with nearly 80% already upgraded, to approve the hard fork upgrade. Cardano’s new governance framework, part of the Voltaire era, distributes power and decision-making among community leaders. Cardano’s ADA token is witnessing unprecedented futures open interest and investor activity, signaling optimism for a price recovery. On Wednesday,…
Onyxcoin (XCN) has soared a monumental 300% in the past seven days, claiming a yearly high of $0.018 last week on Friday. XCN is predicted to print 10x gains this cycle, trading between $0.10 and $0.18 in the near future. Onyxcoin (XCN) is the native token of the Onyx Protocol, allowing holders to participate in…
INX platform lists Solana as the blockchain hits major milestones and becomes a go-to choice for projects in DeFi, Web3, NFTs, etc. TRUMP, the third-largest meme coin after Dogecoin and Shiba Inu, saw over $38 billion in trading volume since its launch. MELANIA, launched by First Lady Melania Trump, also gained significant attention. The INX…
Investigation reveals systematic misrepresentation of financial stability, with DCG concealing a potential $1B loss exposure through GGC subsidiary. The settlement includes both monetary penalties and a cease-and-desist order, highlighting SEC’s broader crackdown on crypto misconduct. Case draws parallels to other major financial enforcement actions, demonstrating regulators’ commitment to market transparency. The United States Securities and…
Solana becomes the third-largest blockchain in stablecoin supply, surpassing BNB Chain. Circle’s USDC dominates Solana’s stablecoin market with a 78% share, while Tether’s USDt lags at 12%. Solana’s price has increased by 24% over the past month, with analysts optimistic about potential further growth past $300. Solana, the Ethereum Layer-1 competitor, has registered a 73%…
The working group chaired by David Sacks sets 180-day deadline for agencies to review and recommend updates to crypto regulations and policies. The move follows accusations of Operation Choke Point 2.0, where regulators allegedly pressured banks to restrict services to crypto firms. The executive order explicitly prohibits CBDC development while promoting dollar-backed stablecoins, signaling shift…
Institutional inflows from BlackRock, Fidelity, and Grayscale totaled over $100 million, with net assets under Ethereum ETFs reaching $11.78 billion. Whale activity increased, with over 100,000 ETH purchased during the dip, signaling strong confidence in Ethereum’s future. Technical indicators, including MACD and True Strength Index, suggest a potential breakout, increasing the likelihood of ETH surpassing…
JUP surged 6% in 24 hours, reaching $0.97 with a 200% increase in trading volume. Jupiter announced a $3.6 billion token burn and a buyback program aimed at strengthening fundamentals. Half of the protocol’s fee revenue will fund token buybacks, while the other half supports growth and operational stability. As the cryptocurrency market faces a…
Nation’s dual approach balances traditional financing through IMF’s Extended Fund Facility while maintaining aggressive Bitcoin acquisition strategy. Strategic timing of Bitcoin purchase demonstrates El Salvador’s independence in monetary policy despite international financial pressures. Argentina shows potential for following El Salvador’s lead, with major corporations already holding significant Bitcoin reserves collectively. El Salvador has once again…