Wasabi Wallet and Phoenix Exit US Amid Crypto Wallet Crackdown
In response to mounting regulatory pressure, Wasabi Wallet and Phoenix have ceased operations for customers in the United States. The companies behind these wallets,...
Stablecoin Adoption Surges with Payment Use Cases
The global stablecoin market has surged past $150 billion, indicating a growing demand for digital assets with relative stability. Competition in the stablecoin space...
MicroStrategy Shares Plummet 17% Amid Crypto Stock Selloff
Major U.S. crypto stocks, including bitcoin stockpiler MicroStrategy and leading exchange Coinbase, experienced significant losses in Tuesday’s trading session. MicroStrategy reported a 5% year-over-year...
Bitcoin Hits Record 1.6M Confirmed Daily Transactions
On April 23, three days after the Bitcoin halving event, an impressive 1.6 million unique Bitcoin transactions were recorded, according to data from Blockchain.com...
Coinbase Stock Declines as Court Allows SEC Lawsuit to Proceed
Coinbase’s Chief Legal Officer, Paul Grewal, affirmed the exchange’s readiness for the ongoing legal battle with the US Securities and Exchange Commission (SEC) after...
Tether Partners with Chainalysis Amid Rising Regulations
Tether announced on Thursday its collaboration with blockchain surveillance firm Chainalysis to monitor transactions involving its tokens on secondary markets. The move aims to...
Oppenheimer Boosts Coinbase’s Share Price Target to $276
Oppenheimer, a New York-based financial firm, has revised Coinbase’s share price target to $276, marking a notable increase from the previous target of $200,...
British Columbia Regulates Electricity for Crypto Miners
The Canadian province of British Columbia is taking steps to regulate electricity usage by crypto miners, citing concerns over their unchecked growth and its...
US Sanctions Crypto Firms Linked to Russia for Sanctions Evasion
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions on 13 entities and two individuals involved in the...
Bitcoin Bulls Bet on Weaker Dollar for Rally Extension
As the Dollar Index (DXY) experiences a recent pullback, crypto traders are banking on continued dollar weakness to fuel a resurgence in Bitcoin (BTC),...
