An amended California bill that proposes protections for digital asset payments and self-custody is awaiting its first reading in the state legislature. On March 28, California’s Banking and Finance Committee chair Avelino Valencia amended Assembly Bill 1052, stripping out the original “Money Transmission Act” title and renaming it as “Digital assets.” The revisions fold in
Bitcoin’s price continues its downturn that started on Friday, and the asset slumped to a two-week low of just over $81,000 earlier today. The altcoins have taken this beating even worse, with many posting double-digit price declines on a weekly scale, pushing the total market cap south to $2.750 billion. BTC Keeps Plunging A lot
Ethereum-based DeFi protocol SIR.trading, also known as Synthetics Implemented Right, was completely drained in an exploit on Mar. 30, losing all $355,000 of its total value locked. TenArmor, a blockchain security firm, was the first to report the attack on a Mar. 30 post o. X. TenArmor flagged several suspicious transactions and pointed out that
Anthony Scaramucci, American financier and founder of the alternative investment firm SkyBridge Capital, has slammed the New York State Attorney General’s (NYAG) office for coming after Galaxy Digital, a blockchain financial services company owned by his friend, Mike Novogratz. In a Friday tweet, Scaramucci insisted that the NYAG’s lawsuit against Galaxy Digital is a misuse
Sui is set for a major supply event, with 64.19 million SUI tokens worth approximately $148.29 million scheduled for release on April 1, sparking concerns about potential selling pressure and its impact on SUI price. According to data from Tokenimist, this unlock represents 2.03% of the Sui’s (SUI) circulating supply, which currently stands at 3.17
Key Takeaways Elon Musk confirms that the US government has no plans to use Dogecoin. The Department of Government Efficiency aims to improve operational efficiency by 15%. Share this article Elon Musk clarified today that the US government has no plans to use Dogecoin, addressing speculation that links the popular crypto asset—which he has long
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the
Shiba Inu’s price has pulled back in the last three days, erasing some of the gains made earlier last week. Shiba Inu (SHIB) coin retreated to $0.00001270, down by 20% from its highest level last week. The ongoing pullback is due to the fear among stocks and crypto investors. US equities plunged on Friday, with
Ripple recently faced rejection at the 100-day MA of $2.5, leading to a substantial decline. However, the price is now approaching a confluence of key support zones, increasing the likelihood of consolidation in the mid-term. XRP Analysis By Shayan The Daily Chart XRP recently encountered heightened selling pressure at the critical 100-day moving average ($2.5),
This year, the Pi Network price has been in a strong downward trend as buyers remain on the sidelines. Pi Coin (PI) token initially surged to nearly $3 after its mainnet launch in February. It then embarked on a strong sell-off to the current $0.7925, costing investors billions. There are three main reasons why the