Wisconsin Invests  Million in BlackRock Bitcoin ETF

Wisconsin Invests $99 Million in BlackRock Bitcoin ETF

The State of Wisconsin Investment Board (SWIB) has made a significant move in the cryptocurrency market by purchasing $99 million worth of BlackRock’s Bitcoin ETFs, iShares Bitcoin Trust (IBIT). This acquisition, disclosed in…

UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients

UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients

It comes just two weeks after the Insolvency Service secured a winding-up order against Amey’s firm in the United Kingdom High Court on April 30. Source link

Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally

Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally

GameStop’s shares have seen a rally of more than 70%, reminiscent of a few years ago. This time, it was due to the return of trader and investor Keith Gill, better known as…

CFTC announces .8M settlement against brokerage firm FalconX

CFTC announces $1.8M settlement against brokerage firm FalconX

The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao. Source link

Charles Hoskinson Warns CBDCs Could Imperil Financial Freedom

Charles Hoskinson Warns CBDCs Could Imperil Financial Freedom

Cardano blockchain founder Charles Hoskinson spoke against Central Bank Digital Currencies (CBDCs) while explaining the fundamental concept behind crypto. Hoskinson made this statement in a May 11 social media post while expressing his…

Coinbase’s Interlocutory Appeal Bid Opposed by SEC

Coinbase’s Interlocutory Appeal Bid Opposed by SEC

The US Securities and Exchange Commission (SEC), in its opposition to Coinbase’s motion for an interlocutory appeal, criticized Judge Analisa Torres’s decision in its case against Ripple. In a filing dated May 10,…

Forensic Risk Alliance Will Now Oversee Binance’s Operations

Forensic Risk Alliance Will Now Oversee Binance’s Operations

The US Department of Justice (DOJ) has selected the consulting firm Forensic Risk Alliance (FRA) to oversee Binance. This development follows Binance’s guilty plea to violating US money-laundering regulations and trade sanctions. Why…

‘Open-source’ CBDCs aren’t going to protect you from government

‘Open-source’ CBDCs aren’t going to protect you from government

Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people. Source link

Bybit Launches Initial DEX Offering (IDO) for Nulink

Bybit Launches Initial DEX Offering (IDO) for Nulink

Cryptocurrency exchange Bybit aims to enhance the decentralized finance (DeFIi) sector with its upcoming Initial DEX Offering (IDO) for Nulink (NLK). Slated for May 12, this event will mark the launch of the…

UK Moves to Regulate Staking and Stablecoins

UK Moves to Regulate Staking and Stablecoins

The UK is on the brink of passing significant regulations concerning staking and stablecoins, aiming to cement its position as a global hub for cryptocurrency.  This legislative push is being spearheaded by Economic…

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets. Source link

550 Million Crypto Airdrop Launches on Optimism (OP)

550 Million Crypto Airdrop Launches on Optimism (OP)

Mode Network, a modular decentralized finance (DeFi) Layer-2 solution built on the Optimism Stack, has launched its governance token, MODE. Simultaneously, the network has initiated its crypto airdrop season, with the token claim…

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Source link

This Is Why Dogecoin Could Climb Another 25% Soon

This Is Why Dogecoin Could Climb Another 25% Soon

Dogecoin’s DOGE price has recovered from the lows of $0.12 after dipping to it at the beginning of May.  Although the meme coin leader is stuck under the barrier of $0.16, it could…

SEC punts Galaxy spot Ethereum ETF decision to July

SEC punts Galaxy spot Ethereum ETF decision to July

The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5. Source link

Daniel Yan’s Picks for May Outperformance

Daniel Yan’s Picks for May Outperformance

Amid the turbulence that rocked cryptocurrency markets in April, Daniel Yan, the Chief Investment Officer of Kryptanium Capital, has a clear vision for May’s trading strategies. He focuses on artificial intelligence (AI), Solana,…

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