Author: Crypto News

Last updated: May 6, 2024 18:49 EDT | 2 min read Kenyan President William Ruto announced a major policy shift in the country’s approach to cryptocurrency on May 3, revealing that his government has appointed U.S.-based Bitcoin mining company Marathon Digital as its consultant.The move signals a departure from the Central Bank of Kenya (CBK) and other government entities’ previously defiant stance on cryptocurrencies.Marathon Digital to Collaborate with the Kenyan GovernmentThe announcement was made during the AMCHAM Business Summit, where notable figures such as U.S. Secretary of Commerce Gina Raimondo and Kenya Investment and Trade Cabinet Secretary Rebecca Miano were…

Last updated: May 6, 2024 17:20 EDT | 2 min read Is Floki Going to Zero? FLOKI Price Drops 0.8%, Investors Stack This New GambleFi Token / Source: Cryptonews The Floki Inu (FLOKI) price is under pressure on Monday as weekend optimism in the crypto market succumbs to caution, with investors instead stacking an exciting new GambleFi token called Mega Dice (DICE).FLOKI was last down close to 5% on the day and trading just to the south of $0.00018.The meme coin has once again found strong resistance at its 50DMA, suggesting the bulls are yet to regain control.Chart analysis suggests…

Last updated: May 6, 2024 16:48 EDT | 2 min read Helium Price Prediction as HNT Price Falls Under $5.50 – Can HNT Reach $10? / Source: TradingView The Helium (HNT) price is pulling lower after reaching above $5.50 earlier in the session, with some asking whether the cryptocurrency might soon push higher back towards $10.Helium is a DePIN network that leverages a decentralized global network of wireless hotspot providers who double up as miners.After dipping as low as the $3.40s last month, the Helium price was able to recover above $6.0 last week.But bullish momentum has since faded. The…

Last updated: May 6, 2024 15:30 EDT | 2 min read The US Justice Department (DoJ) arrested an heir to the Cartier empire on May 2. He was charged with laundering proceeds of drug trafficking using Tether’s USDT stablecoin. The charges mark a rare intersection between influential people and crypto-related crime.According to the DoJ’s indictment announcement, Maximilien de Hoop Cartier, a direct descendant of Louis Cartier, the founder of the luxury jewelry collection firm Cartier, allegedly coordinated with a Colombian drug cartel to import 100 kilos of cocaine and laundered hundreds of millions of dollars, primarily through over-the-counter (OTC) USDT…

Last updated: May 6, 2024 14:39 EDT | 2 min read The United States Securities and Exchange Commission (SEC) received a report from the Office of Inspector General (OIG) alleging that its cybersecurity program was lacking just two weeks before the commission’s X account was hacked on January 9, according to Fox Business reporter Eleanor Terrett.SEC Received OIG Report Two Weeks Before X HackEleanor Terret tweeted on May 6 about the issue, highlighting a December 2023 OIG report, an independent evaluation by contractor Cotton & Company Assurance and Advisor concluded that the federal regulator fell short of “effectively mitigating security…

Last updated: May 6, 2024 14:23 EDT | 2 min read A Bitcoin wallet has become active again after 10 years of dormancy. On May 6, it transferred 687.33 BTC to undisclosed wallet addresses, leading to selloff speculation within the cryptocurrency community.According to the blockchain tracker and analytics platform Whale Alert, the Bitcoin whale moved $43.893 million worth of BTC to two wallet addresses.The Awakening of Dormant Bitcoin Wallets Continues 💤 💤 💤 💤 💤 A dormant address containing 687 #BTC (43,893,168 USD) has just been activated after 10.3 years!https://t.co/l31uAyadYZ — Whale Alert (@whale_alert) May 6, 2024One transaction involved the…

Source: unsplash.comApril has been up and down and investors are struggling to keep up. Volatility in the market is on a high and this can prevent investors from making any reasonable decisions. Factors that influence a decision for investors can quickly change and investors have to start the process all over again. As the market starts to show some stability, investors are moving to make the most profitable decisions, especially for the long term. For Chainlink (LINK) and Cardano (ADA) investors, this is investing in a new token, Kelexo (KLXO) for its anticipated 20X returns. Our analysis determines trends in either…

Pushd is a new player in the growing field where decentralized finance meets online shopping. As it gears up for the next stage of its presale, there’s a clear sense of excitement among both Uniswap and NEO communities. This buzz is driven by its innovative approach. This platform isn’t just improving how online transactions work, it has the potential to completely change them by integrating blockchain technology into e-commerce. This article will dig into why people are so excited about Pushd, examining how its plans could set a new benchmark for online shopping. Therefore, making it both more enjoyable and more…

Driven by community support, Apu currently follows the path of SHIB, one of the biggest memecoins in the market.Arizona, United States – Apu Apustaja, the endearing internet meme that captured the hearts of millions, has transcended its digital origins to become a sensation in the world of cryptocurrency. Initially hailed as the #1 meme across the internet, Apu’s charm and widespread appeal have now propelled it into the realm of memecoins.On March 11th, 2024, Apu Apustaja underwent a transformative journey as it was tokenized and deployed onto the Ethereum blockchain. This significant milestone marked the birth of Apu Apustaja as…

Last updated: May 6, 2024 10:20 EDT | 1 min read Milan, 6 May 2024 – AC Milan and TG.Casino are delighted to announce a new partnership, which sees the crypto casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand…