US Senator Elizabeth Warren is urging Congress to block the passage of the GENIUS Act, alleging that the bill may support corrupt gains for President Donald Trump’s USD1 stablecoin project. The legislation, previously having bipartisan backing, is currently under increasing opposition in the Senate. Concerns Over Illicit Profits and Foreign
Core DAO (CORE) has reignited market interest with an explosive 100.52% rally over the past 30 days, cementing its position as one of the top-performing assets in the crypto space. At the time of writing, CORE is trading at $0.764, inching closer to its recent cycle high of $0.814. While
The gold investment market has experienced major changes because gold-backed cryptocurrencies have shown their highest minting volume in three years. However, central banks buy less gold. The precious metals market shows changing investor behaviour because of the current record gold prices. Digital Gold Gains Momentum as Institutional Demand Evolves The
Deribit, the world’s largest crypto options exchange, is considering expanding into the United States, driven by a perceived shift toward a more crypto-friendly regulatory environment under President Donald Trump’s administration. According to a May 3 report by the Media House, Deribit CEO Luuk Strijers revealed that the Dubai-based platform is
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
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
The Governor of Arizona, Katie Hobbs, has rejected the bill, citing that allow the state to hold BTC as part of its official reserves, eventually killing the hope of making Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill was the door to
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
The United States district judge has recently passed its judgment that Apple has breached a ruling in its antitrust legal fight against Epic Games. As a result, crypto app developers can now direct users to payment outside of Apple’s ecosystem without any limitations or heavy fees. On April 30, US
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
