David Sacks, the newly appointed White House AI and crypto czar, offloaded over $200 million in digital assets and crypto-related stocks before assuming his role. A White House memorandum dated March 5 confirmed that Sacks personally accounted for $85 million of the sales. He divested major crypto assets like Bitcoin
The cryptocurrency market has staggered into the recovery lane yet again in the last 24 hours. With leading cryptocurrencies attempting to break previous resistance levels, the community is quite hopeful. Meanwhile, Brazil announced plans to pitch crypto adoption to the members of the BRICS in the past day as a
VanEck has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for the VanEck Avalanche ETF. Bloomberg analyst James Seyffart noted that while the registration had been widely discussed earlier, this filing represents the first official submission to the SEC. The firm has not yet disclosed the
The Trump family’s World Liberty Financial purchased several major cryptocurrencies over the past few months. Its portfolio consists of wBTC, ETH, ENA, ONDO, SEI, and TRX, among others. The latest purchase of WLFI included SEI, which resulted in the price surge of the token today. The SEI token is trading
A UK National Crime Agency (NCA) officer has been charged over the alleged theft of 50 Bitcoin (BTC) in 2017. The stolen BTC was worth around £60,000 ($77,400) at the time. Today, it is valued at approximately £3.2 million ($4.2 million). Paul Chowles, 42, from Bristol, faces 15 criminal charges.
The BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, is shifting increasingly towards cryptocurrency. As well as blockchain payment systems to facilitate cross-border trade. While the coalition is looking for ways to reduce the use of the US dollar for foreign trade, some of the member countries
The Ethereum Foundation is one of the largest developer communities of crypto. They achieved the first of its kind Merge event, transitioning Ethereum from the PoW to the PoS consensus mechanism. The Ethereum developer community actively works towards improving the scalability and usability of the Ethereum network. The upcoming Ethereum
With more strict Western sanctions, Russian oil companies are using more and more cryptocurrencies to trade with India and China, Reuters. This reflects the part played by cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) in avoiding traditional financial rules. Crypto as a Tool to Trade Russian
Solana (SOL) has been trading in the bearish momentum for a while. Currently, it is trading below key moving averages on a daily time frame, indicating bearish signals. However, despite the bearish sentiments, experts and the community are positive about SOL. Renowned Bitcoin analyst, Ali Martinez, said in his latest
Sonic (S) price, trying to make a comeback, surged 12% in the intraday session and broke above the 50-day EMA mark. Buyers are looking active at the lower levels. Both 20-day and 50-day EMA curve is headed upside hinting bullishness. At the end of February, Sonic’s price hit a high
