The memecoin market is heating up again. Total sector capitalization has climbed to approximately $61.3 billion, up 0.4% over the past 24 hours, according to market data from CoinGecko. Trading volumes have also exploded past $7.4 billion in the same period, proof that investors are still willing to trade. At the heart of this resurgence…
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Nexo Announces U.S. Return During Bulgaria Event with Donald Trump Jr.
Crypto services firm Nexo Capital has revealed plans to reenter the U.S. market, marking a significant comeback two years after settling regulatory disputes with a $45 million fine. The announcement came during a high-profile event in Sofia, Bulgaria, on Sunday, where Donald Trump Jr. was the featured speaker, according to a report from Reuters. The…
Melania Meme Coin Team Sells $1.5M in Tokens, Sparking Downside Pressure Amid 21% Price Pump
The Melania (MELANIA) meme coin has once again sparked concern as blockchain analysts uncovered that the team behind the token has sold more than $1.5 million worth of MELANIA over the past three days. The heavy selling, which follows a similar pattern observed over the past month, raises questions about insider rug-pulling and the future…
$330M in BTC Laundered Through Monero, XMR Jumps 50%
A suspected theft of 3,520 Bitcoin valued at approximately $330.7 million has triggered a sharp rally in Monero (XMR), after the stolen funds were laundered through multiple instant exchanges. The incident, flagged by blockchain investigator ZachXBT, began when the BTC was transferred from a potential victim’s wallet to a known suspicious address. The launderers swiftly…
Bitcoin Price Hits $94,743 as El Salvador, Saylor Go Big
Bitcoin (BTC/USD) is trading at $94,743, rising 1.04% on Monday as bullish sentiment gains momentum. Recent developments—including El Salvador’s continued Bitcoin accumulation, Grayscale’s ETF push, and Michael Saylor hinting at a major new purchase—are reinforcing optimism across the market. Coupled with nearly $3 billion in fresh U.S. Bitcoin ETF inflows last week, Bitcoin appears well-positioned…
Coinbase CLO Urges to Rescind Prohibition on SEC Staff Holding Crypto
Paul Grewal, chief legal officer for Coinbase, has urged to rescind prohibition of SEC employees from holding or using cryptocurrencies. He called the prohibition “particularly egregious” as the vast majority of crypto activity does not involve securities. In a letter to the acting director of the US Office of Government Ethics (OGE), Grewal stressed that…
Term Finance Recovers $1M After Oracle Error Triggers $1.6M Liquidation Loss
Ethereum-based fixed-rate lending platform Term Finance has recovered $1 million of the $1.6 million lost due to a misconfigured oracle that triggered erroneous liquidations in its Treehouse (tETH) market. In a statement posted on X, Term Finance detailed the recovery efforts, noting that 223.197 ETH (approximately $400,000) was recaptured internally, while an additional 333 ETH…
SEC Clears ProShares XRP Futures ETFs to Launch on April 30
ProShares will introduce three XRP-linked exchange-traded funds this week, following recent approval from the US Securities and Exchange Commission (SEC). The new products include an Ultra XRP ETF offering 2x leveraged exposure, a Short XRP ETF, and an Ultra Short XRP ETF with -2x leverage, according to regulatory filings. A 2x leveraged ETF aims to…
WLFI Founders, CZ Discuss Global Crypto Adoption Standards
Founders of the World Liberty Financial (WLFI), the crypto project backed by Donald Trump and his two older sons, have met with Binance founder and former CEO Changpeng Zhao (CZ) in Abu Dhabi on Sunday. Zach Witkoff, Zak Folkman, and Chase Herro, sat with CZ for crypto expansion talks, the project posted on X. World…
New Ethereum Proposal Could Boost Mainnet to 2,000 TPS, Says Researcher
Ethereum could see a significant leap in transaction capacity if a new proposal by Ethereum Foundation researcher Dankrad Feist is adopted. Feist introduced Ethereum Improvement Proposal (EIP) 9698 on April 27, aiming to increase the network’s gas limit by 100 times over the next two years, potentially enabling the Ethereum mainnet to handle up to…