Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
The U.S. Department of Justice (DOJ) has officially disbanded the National Cryptocurrency Enforcement Team (NCET), marking a major policy shift under President Donald Trump. The move aligns with the administration’s push to ease crypto regulations and promote innovation in the sector. NCET was launched in 2021 under the Biden administration.
April 8, 2025 2 mins read
Bitcoin climbed 3.35% in the last 24 hours, now trading at $79,868.38. Its market capitalization surged to $1.58 trillion, tracking the wider crypto market’s 3.38% daily rise. Meanwhile, Bitcoin’s share of the total $2.53 trillion crypto market cap remains dominant. However, trading volume slid 6.75% to $67.22 billion, suggesting less
April 8, 2025 2 mins read
A Nigerian court has adjourned the Federal Inland Revenue Service’s (FIRS) tax evasion case against Binance until April 30. The decision gives the FIRS more time to respond to a motion filed by the crypto exchange. Binance challenged a February 11 court order that allowed documents to be served via
April 8, 2025 2 mins read
Teucrium Investment Advisors is launching the first U.S.-listed XRP ETF on April 8. The fund, called the Teucrium 2x Long Daily XRP ETF (ticker: XXRP), will trade on NYSE Arca. It aims to deliver twice the daily performance of XRP using swap agreements rather than holding the token directly. This
April 8, 2025 2 mins read
Litecoin (LTC) is trading at $67.02 after dropping 15.13% in the last 24 hours. Its market capitalization now stands at $5.06 billion, reflecting a 14.55% decline. Despite this downturn, the daily trading volume surged by 301.99% to reach $1.13 billion. The volume-to-market-cap ratio currently sits at 22.27%, suggesting heightened short-term
April 7, 2025 2 mins read
Cathie Wood’s ARK Invest has acquired Coinbase (COIN) shares worth $13.4 million across three of its ETFs. The move comes amid a broad market sell-off triggered by President Trump’s new tariff policies. Despite the turmoil, ARK doubled down on its long-term crypto strategy. According to ARK’s daily trade report for
April 7, 2025 2 mins read
Hong Kong will soon pass stablecoin legislation and establish licensing rules for over-the-counter (OTC) transactions and digital asset custody services. Financial Secretary Paul Chan announced the plans during the Hong Kong Web3 Festival on Monday, signaling the city’s ongoing push to refine its Web3 policy. The new legislative framework will
April 7, 2025 2 mins read
Today, Ethereum’s value has dropped significantly to $1,452.78, having realized a 19.43% drop in a span of 24 hours. Its market capitalisation value currently stands at an almost equivalent-valued percentage decline of $175.31 billion. However, despite this price decline, trading spiked by 405.03% in day volume to $32.31 billion. Thus,
April 7, 2025 2 mins read
Ethena (ENA) traded at $0.2929, marking an 8.13% daily decline. Its market cap dropped by 8.24%, standing at $1.62 billion. With a 24-hour trading volume of $100.6 million, ENA’s activity fell sharply by 41.31%. Despite the slump, its market cap ratio held at 6.06%, hinting at persistent, albeit weaker, trading
April 6, 2025 2 mins read
Pi Network (PI) has extended its losses, now trading at $0.6363 after a sharp 13.32% drop over the last 24 hours. The market cap declined to $4.34 billion, down 13.15%, reflecting a sharp drawdown in investor interest. At the same time, trading volume dropped 16.86% to $913.87 million, bringing the
April 6, 2025 2 mins read