Author: Crypto News

Last updated: May 5, 2024 19:30 EDT | 2 min read A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.The comments came from Lee Jeong-ryeol, the head of the Seoul Southern District Prosecutors’ Office’s joint crypto investigation unit, in an interview with the newspaper Hanguk Kyungjae.The unit is the nation’s only investigative organization dedicated to crypto-related crimes.Swifter Justice Will Help Fight Crypto Crime – ProsecutorLee claimed that “regulation rollouts” and the “punishment” of crypto-related crimes “have been slow.” He said:“We must restore trust in the…

Last updated: May 5, 2024 16:20 EDT | 1 min read The testing version of the ckETH minter on Internet Computer (ICP) mainnet has been upgraded, now featuring the Sepolia version of the USDC token.In a recent forum post, Christian Müller, Senior Software Engineer at DFINITY, revealed that users can obtain Sepolia ETH from various faucets available online and Sepolia USDC to engage with the Sepolia ETH and USDC tokens.Once acquired, users can deposit both Sepolia ETH and USDC to mint ckETH and ckUSDC, respectively. DFINITY Foundation is a not-for-profit organization developing technology for the Internet Computer (ICP) blockchain.Internet Computer’ ckETH is Not Required…

Last updated: May 5, 2024 10:28 EDT | 2 min read After a prolonged period of continuous outflows, Grayscale’s Bitcoin Trust exchange-traded fund (ETF) recorded its first day of net positive inflows.According to preliminary data from Farside, on May 3, Grayscale’s Bitcoin Trust (GBTC) witnessed $63 million in net inflows. The positive momentum comes after an approximate $17.5 billion in outflows since the launch of 11 spot Bitcoin ETFs on January 11.Franklin Templeton’s Bitcoin ETF Sees Inflows Among the other funds making headlines, Franklin Templeton’s Bitcoin ETF saw its inflows reach a record high of $60.9 million. Meanwhile, Fidelity’s Wise Origin Bitcoin Fund led the day’s inflows with an impressive $102.6 million, followed closely by the Bitwise Bitcoin Fund with $33.5 million…

Cryptocurrencies BLP, PEPE, and BONK are catching investors’ attention as they show signs of recovery ahead of others. Observers are closely watching these tokens to see if this uptick signals a sustainable upturn or is merely a fleeting surge. With the bull run of 2024 already making waves, the significance of these movements is under scrutiny. Readers are eager to understand the potential for a lasting rally in these alternative coins.BlastUP Token Projected to Soar 1000% By Year’s EndBlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto…

Investing in cryptocurrency has become synonymous with the potential for significant returns. Amidst a market that’s gaining momentum, Aptos, Optimism, and BlastUP are drawing attention from savvy investors aiming to capitalize on the next big surge. As the bull run of 2024 unfolds, the prospect of turning a modest investment into major gains is more than just wishful thinking—it’s a scenario grounded in the reality of the current market’s performance. This article will delve into how a $1,000 investment in these particular cryptocurrencies today could potentially translate into life-changing wealth by the end of 2024.BlastUP Presale Ends in Few Weeks,…

Last updated: May 5, 2024 00:47 EDT | 2 min read Today’s Ripple price prediction is closely watched as XRP trades at $0.5283 with a 24-hour trading volume of $675 million. Despite a slight decline of 0.40%, Ripple maintains its position as the seventh-ranked cryptocurrency on CoinMarketCap, with a market capitalization of approximately $29.18 billion. The currency has a circulating supply of 55.24 billion XRP coins out of a maximum supply of 100 billion, highlighting its significant stake in the cryptocurrency market.860,000 Investors Flock to XRP Despite Price DropOver the past month, the number of XRP investors holding between 1,000…

Last updated: May 4, 2024 10:42 EDT | 4 min read Bitcoin Price Prediction Bitcoin’s price shows a robust ascent, now trading at approximately $63,200, with recent highs of $64,446. This activity is part of a wider trend that has seen the global crypto market cap increase to $2.36 trillion, up over 7% over the last day. The uptick is influenced by the Federal Reserve’s decision, as indicated by Chair Jerome Powell, to halt further interest rate increases, a policy move that often favors investments like Bitcoin by enhancing their appeal. The surge is also supported by significant inflows into…

BEFE Coin is very quickly becoming a very promising opportunity in the world of cryptocurrency. Especially, when it comes to the meme coins, it has cemented its place in the market. According to the Crypto experts, the BEFE coin is set to achieve massive returns in the near future and investing in it now can be one of the most amazing decisions you would take right now.   So, in this article, we will have a look at why the BEFE coin has so much potential and how it is it turning out to be one of the biggest meme coins of…

Bitcoin’s post-halving effect on altcoins and meme coins promises many surprises for many investors. One such surprise is the Bitgert coin (BRISE). As a project, it stands out for many reasons that bitcoin can not. As a result, it’s not just a contender but a coin with the potential to replace many of the mainstream cryptocurrencies for its transactional speed and extremely low-cost fees for these transactions. In the past, Bitgert has shown a fraction of its capability by moving up more than a 10,000% profit point increase from its launch price in 2021. And now, it’s getting ready for a…

Bitcoin Price Prediction On Saturday morning, Bitcoin continued to command attention, with a recent price uptick to $63,375. This week, the foremost digital currency has shown resilience, registering a modest 0.22% rise. Currently positioned above a critical pivot point of $61,650, Bitcoin’s trajectory seems poised for further exploration towards $70,000. With a trading volume of around $32.77 billion in 24 hours and a market cap of almost $1.25 trillion, ongoing developments influence Bitcoin price predictions. On the technical front, the key price levels to watch for Bitcoin include the pivot point, which stands at $61,651. Above this level, the immediate…