Elon Musk’s DOGE has launched an investigation into the U.S. Securities and Exchange Commission (SEC) for suspected waste, fraud, and abuse. The new @DOGE_SEC address on X is inviting the public to come forward with any information on the SEC’s activities. Public Call for Evidence @DOGE The @DOGE_SEC address requested
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have announced the formation of a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The JV aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under its new regulatory framework. SCBHK brings its
AUSTRAC, Australia’s anti-money laundering regulator, moved against 13 cryptocurrency companies under its overall operation of cracking down on non-adherence to money laundering laws. Over 50 more companies continue to be watched. The probe, which commenced more than a year ago, aims to confirm that cryptocurrency exchanges and digital currency providers
Solana (SOL) remains under bearish pressure, currently trading around $184, struggling to hold above key support levels. The token has experienced a sharp decline of nearly 17% from its recent monthly highs above $220. A combination of ecosystem controversies, decreasing trading volumes, and an impending token unlock contribute to the
The crypto market cap, resting at $3.19 trillion, has yet to fully bounce back from the recent downturn. Among altcoins, Onyxcoin (XCN) has been stuck in a sliding phase, reversing its recent gains, losing a modest 1.95%. Despite attempting a breakout rally, XCN faces challenges in ensuring a strong recovery.
The crypto market moves in cycles, and every bull run brings a new wave of winners. The next surge won’t just be about Bitcoin and Ethereum; it will spotlight innovative projects set to redefine the digital economy. While meme coins and hype-driven assets may see momentary pumps, real value emerges
Metaplanet, often called Japan’s MicroStrategy, has expanded its Bitcoin portfolio. The company acquired 269.43 BTC for $26.3 million, pushing its total holdings past 2,000 BTC. This purchase led to an 8% surge in Metaplanet’s stock, which now trades above 6,500 JPY. Since the start of 2025, the stock has gained
Elon Musk’s AI venture, xAI, is setting the stage for another major shakeup in the artificial intelligence sector with the launch of Grok 3. The announcement, made via Musk’s X account, triggered a 50% rally in the Grok token’s value. The price jumped over the past 24 hours, jumping from
While the initial regulatory hype is dying out, the digital asset sector resorts to previous patterns. A dull wind hangs over the market as few activities catch attention. However, amid such conditions, the Pi Network controversy reemerged in the spotlight. The cryptocurrency has garnered market attention in the last 24
Senator Cynthia Lummis urges the United States to modernize its national reserves to feature Bitcoin. Serving as a representative of Wyoming in the U.S. Senate, Lummis contends that Bitcoin’s openness and decentralization enable auditing in real-time, which may fortify fiscal accountability. Lummis stated: “A bitcoin reserve could be audited any
