Virtuals Protocol’s daily revenue has plummeted to under $500 per day, while the VIRTUAL token edges closer to the oversold threshold. According to Blockworks Research, Virtuals Protocol (VIRTUAL) has been generating less than $500 per day in revenue from launch and swap fees for the most part of late March and early April. In early…
A Florida federal court judge has approved an $11 million settlement between Shaquille O’Neal and Astrals NFT buyers, ending a class-action lawsuit over an alleged promotion of unregistered securities. According to a court order made public on April 8, Judge Federico Moreno gave the green light to the deal, which sets aside up to $11…
IP has entered a consolidation phase, recently ending the three-week downtrend that was weighing upon its price. According to data from crypto.news, Story (IP) rose 9% to an intraday high of $4.27 on April 9, afternoon Asian time. Its market cap was seated at nearly 41.1 billion, while its daily trading volume was slightly higher…
Ukraine’s securities regulator has proposed applying the country’s full personal income and military taxes to crypto gains, totaling 23%. Ukraine‘s Securities and Exchange Commission has proposed a 23% tax on individual income from crypto operations, consisting of an 18% personal income tax and a 5% military levy. In a 32-page consultation paper, the agency noted…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. AI-generated avatars and virtual assistants will revolutionize our digital landscape, powering virtual influencers, workplace stand-ins, and immersive metaverse experiences. Yet, beneath this technological marvel lies a pressing question: who truly owns and…
According to analysts, XRP is trading close to a key accumulation zone, which could strengthen its case for an upward rally. In an April 8 X post, Analyst Dom pointed out that XRP is now filling a “liquidity void”, essentially correcting an inefficiency in price action from back in late November. That puts the asset…
The Aave DAO has overwhelmingly approved a $4 million AAVE token buyback, launching the first phase of a broader initiative to overhaul the protocol’s tokenomics. The Aave (AAVE) DAO has officially approved a $4 million buyback plan of AAVE tokens. The proposal passed with 99.63% consensus. The proposal authorizes the Aave Finance Committee, a governance-backed…
Trump-backed World Liberty Financial appears to be offloading Ethereum following increasing losses as ETH plunges below $1,500. According to data shared on X by Lookonchain, on Apr. 9, a wallet linked to WLFI reportedly sold 5,471 Ethereum (ETH) for around $8 million, at a price of $1,465 per coin. The sale represents a major loss….
Michael Saylor’s software company, Strategy, which is heavily invested in Bitcoin, may soon have to sell some of its Bitcoin holdings to meet financial obligations. In an Apr. 7 regulatory filing, the company disclosed that if it fails to secure timely financing, either through equity or debt, it may be forced to sell Bitcoin (BTC)…
A filing to list a SUI exchange-traded fund on Cboe BZX has landed with the SEC, setting the stage for potential approval of a spot fund tied to the layer-1 token. Filed on April 8, the proposal was submitted by Cboe BZX Exchange and seeks regulatory clearance to list and trade shares of the Canary…
