The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted probably the most risky debuts of the 12 months, rocketing to a multi-billion-dollar valuation inside minutes earlier than retracing as on-chain sleuths flagged insider exercise and a contentious liquidity setup. In an X post on Thursday, West shared the contract handle and framed “YZY MONEY”…
In a notable shift in its strategy to the cryptocurrency sector, the Division of Justice (DOJ) introduced that it’s going to not goal software program builders who create decentralized platforms for transmitting cryptocurrencies, so long as there isn’t any prison intent. DOJ Eases Stance On Crypto Regulation Appearing Assistant Lawyer Basic Matthew Galeotti conveyed this…
In 2025, token provide administration methods reminiscent of buybacks and burns have turn out to be more and more vital instruments to reinforce worth and investor attraction. OKX, one of many main cryptocurrency exchanges, demonstrated this by means of its OKB token burn plan. The query is why this burn technique enabled OKB to outperform…
Solana has wiped out nearly all its three-month gains. The weekly chart shows a 10% decline, with a 6.2% fall in the past month, raising doubts about whether Solana’s altcoin rally is fading or about to weaken further. Despite its history of sharp spikes, recent pattern rejections, and waning holder conviction signal potential deeper losses…
Sen. Cynthia Lummis (R-WY) is seeking to have crypto market construction laws prepared for passage earlier than the 12 months’s finish, the Republican lawmaker mentioned on Wednesday. Sen. Cynthia Lummis Pushes for Thanksgiving Deadline Talking on the SALT Wyoming Blockchain Symposium 2025 on August 20, Lummis claimed that Congress “may have market construction [legislation] accomplished…
August has always been a solid month for Bitcoin (BTC) in a bull market, and this year was no exception, with BTC hitting an all-time high of $123K earlier this month, defying most predictions. Now, however, Bitcoin’s price seems to be dropping and heading lower, especially after some large transfers of BTC from BlackRock’s addresses….
Bitcoin is navigating a critical juncture after reaching a new all-time high of $124,500 last week before quickly retreating. The price is now searching for support, with volatility intensifying and traders debating whether this is the start of a deeper correction or simply a healthy consolidation phase before continuation. Some analysts remain optimistic, seeing this…
Justice Department (DOJ) Criminal Division head Matthew Galeotti declared that writing code without criminal intent does not constitute a crime, providing crypto developers and smart contract creators with clearer boundaries on criminal liability. During remarks at the American Innovation Project Summit on Aug. 21, Galeotti stated: “Our view is that merely writing code without ill…
US Federal Reserve Governor Christopher Waller advised an viewers in Wyoming that crypto transactions shouldn’t be handled as one thing overseas or alarming. Talking on the Wyoming Blockchain Symposium 2025 on Wednesday, Waller mentioned funds made by decentralized finance function below the identical ideas as conventional banking transactions. Fed Eases Its Stance On Crypto Waller…
Bybit crypto exchange has launched its newest proof of reserve, which revealed its vital Shiba Inu holdings. This comes at a time when the highest meme coin is struggling to maintain an uptrend, though Bybit’s holdings point out that traders are nonetheless very a lot within the coin. Bybit Reveals 2.9 Trillion Shiba Inu Holdings …