The US SEC could deal a blow to Ethereum (ETH) investors by rejecting a digital asset spot ETF in May, according to early reports. Meanwhile, investors are quietly buying new cryptocurrencies, which are considered the best altcoins to watch in the second quarter of 2024. Fezoo, a new decentralized exchange that will challenge Binance, is attracting XRP and Monero (XMR) investors who want to diversify their investments. Two communities are helping: Monero and XRP. FEZ Collect as many eyeballs as possible. Is Fezoo (FEZ) a good cryptocurrency investment? Let’s explore. XRP comes under fire as SEC seeks $2 billion in…
Author: Crypto Flexs
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Legal • April 29, 2024, 5:56 PM EDT Posted 1 minute ago In ~ According to CoinDesk, the co-founder of Samourai Wallet pleaded not guilty Monday to federal charges related to developing tools that make it difficult to track cryptocurrency transactions, as U.S. authorities crack down on privacy-focused technologies. It was reported that the claim was made.Keonne Rodriguez, 35, faces two charges. She is charged with conspiracy to launder money and conspiracy to operate an unlicensed money transfer business. Combined, the charges carry a maximum sentence of 25 years in prison.Rodriguez and his co-founder William Lonergan Hill were arrested last…
Artificial intelligence is everywhere. Instead of the old phrase “Software is eating the world,” it’s now more like AI is eating the world. It is becoming a part of our lives in many ways. However, there are not many AI-based projects in cryptocurrency. But today we are working on a great new project called Openfabric AI, which brings AI and cryptocurrency together. Let’s take a look at what Openfabric has to offer. And that’s a lot. What is Open Fabric AI? Open Fabric AI Unleash the full potential of AI in cryptocurrency. It does this by first becoming a decentralized…
join us telegram A channel to stay up to date on breaking news coverage Pepe price fell 5% in the last 24 hours Traded for $0.00000698 As of 0:11 AM EST, trading volume had plummeted 15% to $601 million. This comes after PEPE surpassed Dogwifhat (WIF) and regained third place among the top meme coins by market capitalization. PEPE prices fell in line with the broader meme coin market, which has fallen 5% over the past 24 hours, reaching a market capitalization of $49 billion. Pepe Price Soars Above Falling Wedge Pattern PEPEUSD Chart Analysis Source: Tradingview.com Pepe price experienced…
Big Four accounting firm KPMG said investors are interested in cryptocurrencies as a way to hedge against central bank declines in the value of fiat currencies. In a new report, KPMG surveyed the Canadian market and found that by 2023, half of the financial services providers surveyed in Canada offered cryptocurrency asset services. This is an increase from 41% in 2021. The study also found that 39% of Canadian institutional investors will have exposure to cryptocurrencies in 2023. This is an increase from 31% in 2021. Canadian institutional investors have become more familiar with cryptocurrencies for two main reasons, says…
Pepper (PEPPER) It has been one of the best-performing cryptocurrency assets, with returns of over 400% year-to-date (YTD). The cryptocurrency analyst predicts that PEPE could continue this impressive performance and become a leader in the cryptocurrency market. The largest meme coin by market capitalization, It is ahead of Dogecoin and Shiba Inu. PEPE overturns Dogecoin (DOGE) and Shiba Inu (SHIB). Murad, cryptocurrency analyst and trader mentioned on X (formerly Twitter) post It is possible for PEPE to overturn SHIB and even DOGE. pepe If these two meme coins were flipped, they would become the largest meme coins by market capitalization.…
Uniswap, the leading Ethereum decentralized exchange, contributes significantly more volume to the layer 2 blockchain compared to its activity two years ago. The decentralized exchange (DEX) runs on top of Ethereum (ETH), the second largest blockchain in cryptocurrencies, while accounting for approximately 37% of total trading volume at layer 2. 21.co researcher Tom Wan noted that the platform’s L2 volume has grown more than 650% in 24 months, rising from about $4 billion in 2022 to more than $30 billion this year. Analysts added that this trend could further strengthen as more high-quality protocols are launched on layer 2 networks…
Rodriguez, 35, and his Samourai Wallet co-founder William Lonergan Hill, 65, were arrested last week – Rodriguez in Pennsylvania and Hill in Portugal – and charged with one count each of conspiracy to launder money and conspiracy to operate an unlicensed money transmission operation. business. The maximum sentences for the charges are 20 years and 5 years, respectively.
The closure of Republic First Bank, a regional lender with operations in Pennsylvania, New Jersey, and New York states, was a major event involving regulators. Its closure in 2024 marks the first collapse of an American financial institution. As of January 31, the bank, which operated under the name Republic Bank, had total assets of approximately $6 billion and total deposits of $4 billion (2). Closure Details The entity that led the closure of Republic First Bank was the Pennsylvania Department of Banking and Securities, and the Federal Deposit Insurance Corporation (FDIC) was designated as…
Bitcoin halving events are usually single token shows. But this year it took the spotlight by sharing the debut of Runes, a highly anticipated new fungible token protocol. The launch of Runes was accompanied by massive hype about the potential of memecoins on the protocol and, to a lesser extent, new features on the Bitcoin network that could capitalize on the growing interest in DeFi. Despite initial enthusiasm, Runes has received significant criticism for its role in driving up Bitcoin’s transaction fees and its failure to generate profits for most investors. On the day of the halving, Bitcoin fees soared…