On-chain analysis reveals that the majority of Libra meme coin investors suffered significant losses in what appears to be a classic pump-and-dump scheme. According to blockchain analytics firm Nansen, over 86% of traders, amounting to 15,430 wallets that traded with…
The Blockchain Association, alongside 75 member companies, has called on Congress to repeal the Internal Revenue Service’s new rule that classifies DeFi software as brokers. In a Wednesday letter to lawmakers, the industry coalition urged support for Senator Ted Cruz’s…
The US is moving closer to a long-awaited stablecoin regulatory framework. Lawmakers are refining key proposals to bring clarity to the fast-growing digital asset market. Stablecoin market capitalization has jumped to $230b from $160b in just six months. This rapid…
San Francisco-based cryptocurrency exchange Kraken is reportedly preparing to re-enter the Indian market. To lead its local operations, the company has appointed Vishesh Khurana
Montana’s House Business and Labor Committee has approved a bill that could enable the state to hold Bitcoin and other cryptocurrencies as reserve assets. House Bill No. 429 passed on February 19 with a 12-8 vote, gaining full support from…
Bitcoin fell to a one-month low of $93,000, with analysts from CryptoQuant warning that a further decline toward $86,000 could occur unless demand growth and liquidity conditions show signs of recovery. Bitcoin Demand