Dogecoin Wagers Surge to $2 Billion as Price Hits Highest Level Since 2021

On Thursday, the price of Dogecoin (DOGE) soared to its peak since December 2021, hitting 22 cents. This surge was fueled by heightened trading...

Bitcoin Halving Sparks Layer 2 Surge

Welcome to “Epoch V” of Bitcoin. The fourth successful halving of Bitcoin occurred on April 20, marking a programmed reduction in the amount of...

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...

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...

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,...

US Bitcoin ETFs: Daily Outflow Hits $120M

Total net outflows from 11 U.S. spot bitcoin ETFs reached $120 million on Wednesday, with eight products recording zero flows, a trend deemed normal...

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...