The European Union has finalized its decision to ban privacy coins and anonymous cryptocurrency wallets by July 1, 2027, marking a decisive turn in the bloc’s anti-money laundering (AML) strategy. Under the newly adopted Anti-Money Laundering Regulation (AMLR), crypto assets that enable anonymous transactions—such as Monero (XMR), Zcash (ZEC), and
May 3, 2025 2 mins read
Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and
May 3, 2025 2 mins read
The crypto market has regained bullish momentum, adding nearly $300 billion in market cap over the past two weeks. Bitcoin is leading the charge, trading above $96,500 and edging closer to the $100,000 mark, just 3.7% away. The world’s top cryptocurrency temporarily surpassed Google in market capitalization, becoming the fifth
May 3, 2025 1 min read
Arthur Hayes has revealed his doubt on the likelihood of the United States buying more BTC, citing fiscal problems and public perception. The BitMEX co-founder said in a recent interview that U.S. leaders may avoid printing dollars to purchase Bitcoin due to growing scrutiny around the cryptocurrency’s cultural image, pointing
May 3, 2025 2 mins read
The Virtuals Protocol price shows promising signs of reversal through its current trading patterns after enduring months of declining values. The price of VIRTUAL achieved its maximum value at $5.13 during early January 2025 before beginning a long-lasting price decline. Virtual Protocol reached its lowest point near $0.40 during mid-April
May 3, 2025 2 mins read
Ethereum’s (ETH) price has traded within a tight consolidation range between $1,756 and $1,833 since April 23, hinting at market indecision. Despite this, ETH’s ability to hold above $1,800 — even after facing strong rejection at the psychological $2,000 level — signals underlying bullish intent. Though on-chain fundamentals have weakened,
May 3, 2025 3 mins read
Tether, the world’s largest stablecoin issuer, is preparing to launch a new U.S.-based dollar-pegged stablecoin by the end of 2025 or early next year. CEO Paolo Ardoino broke the news during an interview at the Token2049 conference in Dubai, where he emphasised a change in company strategy toward closer regulatory
May 3, 2025 2 mins read
The US initial public offering of eToro Group Ltd. is set to resume its operations next week after market turbulence stemming from President Trump’s tariff announcements. This situation caused a postponement, according to sources who have knowledge of the situation. The Israel-based trading platform filed with the SEC in March
May 3, 2025 2 mins read
In a significant development, the U.S. Securities and Exchange Commission (SEC) has moved to dismiss its long-standing unregistered securities lawsuit against cryptocurrency influencer and Token Metrics CEO Ian Balina. According to a joint stipulation filed on May 1 in a Texas federal court, the SEC requested that the case be
May 2, 2025 1 min read
Goldman Sachs is stepping deeper into the crypto space, with plans to expand its services to include cryptocurrency trading, lending, and tokenisation. Mathew McDermott, Goldman Sachs’ global head of crypto, unveiled the company’s new digital asset strategy through a keynote speech at TOKEN2049, one of the most prominent crypto events.
May 2, 2025 2 mins read