Crypto Billionaire Justin Sun Files Lawsuit Against Trump-Linked World Liberty Financial Over ‘Wrongfully’ Frozen Tokens
Adam Forsyth
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2 min read
Author: Adam Forsyth
Kraken Partners With MoneyGram To Enable Crypto-to-Fiat Withdrawals in 100+ Countries
Crypto exchange Kraken has announced a global partnership with MoneyGram aimed at making it easier for users to convert digital assets into cash. The collaboration will allow millions of Kraken customers to withdraw crypto as fiat currency across more than 100 countries, leveraging MoneyGram’s extensive global cash pickup network. Users will be able to access…
Zcash developers propose ‘Ironwood’ upgrade, ZEC price rebounds, but there is a risk
Zcash’s Orchard pool bug, undetected since 2022, sent ZEC crashing 52% to $303. The proposed Ironwood upgrade lets anyone verify ZEC’s 21 million coin supply cap. Analyst Yashu Gola warns of a rising wedge pattern, with $314 as the key support. Zcash (ZEC) suffered one of its worst weeks in recent memory last week. The…
Digital Asset Giant Tether To Launch ‘Official Stablecoin of Georgia’ in Partnership With Government
Tether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The announcement marks one of the first efforts to place a national currency directly onto digital asset infrastructure under a purpose-built stablecoin regulatory framework. Tether’s USD? carries a market capitalization approaching $190 billion, with…
Grayscale Says Ethereum, Solana and Two Additional Blockchains Poised To Benefit From Clarity Act
The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), will…
Hyperliquid price slides 11%: What’s behind the sell-off and what comes next
The $54 support level is critical for the Hyperliquid price. HYPE futures open interest has fallen to $5.86B, triggering a leveraged unwind. Crypto Fear and Greed Index hit 15 as Bitcoin ETF outflows drove risk-off selling. The Hyperliquid price has dropped 11% in 24 hours to $55.35, making it one of the hardest-hit assets in…
Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares
Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling with…
JPMorgan Chase CEO Speaks Out Against Clarity Act, Says Banks Will Fight Bill in Upcoming Markup
The CEO of financial services titan JPMorgan Chase says banks will fight back against the CLARITY Act, the landmark crypto bill that seeks to establish a regulatory framework for cryptocurrencies and digital assets in the US. In a new interview, Jamie Dimon takes aim at the proposed legislation saying that it lacks adequate guardrails to…
What is Audiera (BEAT) and why has its price surged more than 1400% in a month?
Short squeezes and $11 million liquidations fueled the rapid Audiera (BEAT) price spike. Weekly burns and $2.9 million revenue added strong narrative support. $7.50 support is key, break below risks move toward $6 or lower. Audiera (BEAT) has become one of the most talked-about tokens in the digital asset market after recording an explosive move…