[ad_1] The US Treasury Department is intensifying its efforts to regulate crypto transactions linked to terrorist organizations, notably Hamas, as it seeks to address national security risks associated with virtual assets. According to a recent Bloomberg report, Treasury officials revealed they are investigating approximately $165 million in cryptocurrency transactions believed to support Hamas, a group designated as a terrorist organization by the US government. Risks Of Crypto Allegedly Used By Hamas In a two-page letter, Deputy Treasury Secretary Wally Adeyemo urged Congress to approve new authorities to bolster oversight of digital currencies. The letter, released in response to a Freedom…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. The blockchain industry continues to evolve, and with Cardano’s (ADA) latest “Chang” Hard Fork, a new era of decentralized governance is dawning. But as Cardano (ADA) positions itself for growth, the big question remains—will it create millionaires in 2024? Meanwhile, a rising meme coin called Mpeppe (MPEPE), specifically targeting the crypto casino niche, is drawing attention for its wealth-generating potential. Could this new player be the real wealth driver of 2024? Let’s dive into both Cardano (ADA)’s future and the growing buzz around Mpeppe (MPEPE). Cardano’s Chang Hard Fork: A Revolution in…
[ad_1] Shiba Inu is one of the altcoins that have been hit, especially in the crypto market crash, seeing a substantial decline from its 2024 highs. However, this has not deterred community members from their mission of trying to reduce the meme coin’s supply through burning. Over the last day, there has been a notable jump in the total Shiba Inu burn rate as the official SHIB burn tracking website reported a 404% increase in burned tokens. Shiba Inu Burn Recovers The month of August saw a number of days where no SHIB coins were burned, showing that there was…
[ad_1] An under-the-radar altcoin is skyrocketing after being added to Coinbase’s listing roadmap. In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi) protocol Moonwell (WELL) to its suite of products. News of the addition sent WELL flying as it went from a seven-day low of $0.0124 on September 5th to a peak of $0.0173 just a day later, a gain of about 40%. The crypto asset has since retraced and is trading for $0.0170 at time of writing. Coinbase’s listing roadmap was created in 2022…
[ad_1] Este artículo también está disponible en español. Like Bitcoin and other top altcoins, Solana continues to sell off at press time, rewinding losses of the first part of the year. At press time, SOL, the native currency of the smart contracts platform, is trading at around $130, retesting a critical support level. As it is, the third-most valuable crypto asset is down nearly 40% from 2024 highs of around $210. Technically, sellers are in control, and unless there is a sharp shift in trend favoring buyers, the short-term will continue to be bearish. Is SOL Preparing For $100? Triple…
[ad_1] Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry. The alliance, established by leaders within the Hedera and Algorand ecosystems and formalized in January 2024, already includes prominent crypto organizations such as Algorand Foundation, Hashgraph (formerly Swirlds Labs), Ripple, and XRPL Labs as foundational pillars. Cardano, Ripple, And Hedera Lead The Charge The alliance was launched by Hedera co-Founder Dr. Leemon Baird, who highlighted the collaborative effort spanning…
[ad_1] Este artículo también está disponible en español. In a new video analysis, popular crypto analyst Dan Gambardello delved into the potential future of the Cardano (ADA) price amidst the troubling forecasts of a US recession. With a significant following of 369,000 on YouTube, Gambardello highlighted the general unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession. Will Cardano Bottom In December? He drew parallels between historical S&P 500 behavior and current market conditions, noting, “On average the S&P 500 bottoms three months after a recession begins, but 10 months before…
[ad_1] The increasing odds of Donald Trump nominating Elon Musk for a cabinet position have resulted in a discussion of the potential implications on the cryptocurrency market. According to Polymarket, as of September 5, 2024, there is a 21% likelihood of that occurring, which is significantly higher than the 13% seen just one day earlier. This speculation has come off the back of reports stating that Trump is considering Musk to run a government efficiency commission. Musk’s involvement in the Trump administration raises one all-important question: How would that change crypto regulation and its institutional adoption? Source: Polymarket Trump And…
[ad_1] Este artículo también está disponible en español. The cryptocurrency market has been on a rollercoaster ride in 2024, with major altcoins like Solana (SOL) and Ethereum (ETH) grappling with intense volatility. While these top-tier projects have been struggling to maintain their positions, Mpeppe (MPEPE), a rising meme coin, has gained aggressive momentum, attracting investors looking for more dynamic opportunities. Solana (SOL)’s Struggles in 2024 Solana (SOL), once heralded as a breakthrough blockchain for its speed and scalability, has encountered significant hurdles in recent months. Despite being one of the top altcoins, Solana (SOL) has seen a sharp decline in…
[ad_1] The speakers and performers at the second night of the America Loves Crypto tour were just as impassioned and driven to get out the crypto vote as those from the first night of the tour.The political figures and crypto industry leaders present at this event, which took place at The Space in Las Vegas, included Sonny Vinuya, Outreach Director for Nevada Governor Joe Lombardo (R); Rudy Pamintuan, Nevada Lieutenant Governor Stavros S. Anthony’s Chief of Staff (R); Nevada State Treasurer Zach Conine (D) and Kate Rouch, Chief Marketing Officer (CMO) at Coinbase, amongst others. Rapper and singer 070 Shake…