The U.S. Securities and Exchange Commission has released new commentary on stablecoins, with the agency’s Division of Corporation Finance noting that this is part of the effort to provide further regulatory clarity. SEC said in a news release that the guidance aligns with its objective of providing clarity regarding federal securities laws as related to…
Despite a sluggish growth in the crypto markets, Sonic posted a strong rally this week, fueled by notable DeFi expansion and bullish technicals. While fears over escalating tariffs continue to weigh on investor sentiment, Sonic (S) broke out on Friday, April 4, reaching a daily high of $0.514, marking an 11% increase in 24 hours….
Bitcoin price held steady above $80,000 as crypto and stock investors remained cautious ahead of Donald Trump’s Liberation Day tariff speech. Bitcoin (BTC) was trading at $84,500, up 10% from its March low. Meanwhile, U.S. stock market futures pointed lower, with the Dow Jones and Nasdaq 100 dropping by over 300 points. Trump Liberation Day…
Can Pi Network recover user trust as Pi Coin free-falls 78% just weeks after launch, with more token unlocks and delays on the horizon? From top 10 to tumbling In February, Pi Network (PI) burst onto the scene with the kind of hype most cryptocurrencies only dream of. The long-awaited mainnet launch of Pi Network…
Tether, the issuer behind the USDT stablecoin, has continued its Bitcoin investment strategy, purchasing an additional 8,888 BTC on the last day of Q1 2025. The latest acquisition, which cost $735 million, expands Tether’s (USDT) total Bitcoin (BTC) holdings to 100,521 BTC, or roughly $8.29 billion, according to data from Arkham Intelligence. The acquisition is…
Galaxy Digital has received a regulatory boost after the United Kingdom’s Financial Conduct Authority approved a license application for its subsidiary, Galaxy Digital UK Limited. The FCA license will allow Galaxy Digital to expand its derivatives trading to customers in the U.K. via its London office. Galaxy Investment Banking will also utilize the license to…
MEW rallied as high as 20% after breaking out of its multi-month downtrend, following its listing on Binance Alpha. According to crypto.news, Cat in a dogs world (MEW) hit an intraday high of $0.311 on April 2, its highest level in six weeks and about 40% above its weekly lows. Its market cap was seated…
Binance co-founder Yi He says the exchange cannot be held accountable for the ‘the rise and fall of coins’ listed on its platform. The criticism comes after several tokens experience major declines in trading. In a recent post, Yi He acknowledged that the platform still had issues and the team is committed to continuously improving…
Terra Luna Classic token consolidated at a crucial support level as the weekly burn rate soared and a key community vote began. Terra Luna Classic (LUNC) was trading at $0.000060 on Wednesday, where it has remained over the past few days. The token has dropped by over 66% from its December high. LUNC continued to…
While Western darknet markets faltered, Russian platforms dominated Bitcoin and TRON drug sales, analysts at TRM Labs say. Darknet marketplaces saw a slight revenue bump in 2024, bringing in over $1.7 billion, with Russian-language platforms still leading the way in crypto drug sales, analysts at blockchain forensic firm TRM Labs say. New darknet markets and…
