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
The bearish pressure has pulled the crypto market cap by 1.11%, down to $2.96 trillion. This has sparked mixed sentiment across the assets, with Bitcoin and Ethereum on the downside. Meanwhile, Ripple’s XRP has posted a plunge of over 1.74%. Breaking the asset’s key resistance levels initiates a positive price
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
The recovery attempts have pushed the crypto market cap toward $3 trillion, with both losses and gains lingering in the market. The Fear and Greed Index reading is holding at 56, reflecting a neutral momentum. Meanwhile, Pudgy Penguins (PENGU) has recorded a surge of 10.81%, emerging as the top gainer.
The crypto market cap has reached $3.01 trillion, sending mixed sentiments with the assets oscillating between gains and losses. Bitcoin holds steady at $96.8K, while Ethereum is traded at $1.8K. Notably, Immutable (IMX) jumped more than 11%, landing in the number one gainer position. In the early hours, IMX kicked
Movement Labs, a blockchain infrastructure company, announced the suspension of its co-founder, Rushi Manche, on May 2, 2025. The decision comes amid investigations into the governance of the organisation and a scandal involving token dumping that has significantly affected the MOVE token’s market performance. In an official post on X
With the neutral sentiment in the crypto market, the assets exhibit mixed signals. The largest asset, Bitcoin, trades at $94.6K, while Ethereum hovers at $1.8K. Meanwhile, Litecoin (LTC) has registered a solid 4.47% gain. Litecoin opened the day trading at a low of around $84.15 before the bulls took control.
The price movement of the crypto assets is indecisive, with neutral sentiment in the market. Major assets are fluctuating between gains and losses, while the largest altcoin, Ethereum’s recovery attempts continue to get pressured down by the bears, slipping by 2.21% over the last 24 hours. ETH might continue trading
The mixed sentiment within the market would wipe out the recent gains and push the assets into the bearish zone. Bitcoin is holding at around $94.6K, and Ethereum trades at $1.7K. Meanwhile, Uniswap (UNI) has struck in the downtrend, losing 2.64%. UNI kickstarted the day trading at a high of
Singapore, Singapore, 30th April 2025, Chainwire
