Trump terminated Operation Chokepoint in 2017, easing crypto banking restrictions for firms like Coinbase.
Operation Chokepoint targeted crypto firms like Coinbase and Ripple; Trump halted it in 2017, impacting 30% of industry banking relations. Focus on regulatory shifts.
Bitcoin holds $30,000 as MicroStrategy plans further BTC purchases in Q3 2023
Bitcoin trades near $30,000 as MicroStrategy’s Michael Saylor plans additional BTC purchases. Ethereum and Solana show mixed performance amid market volatility.
Ethereum hits $4,000 as JPMorgan and Visa expand ETH integration in 2024
Ethereum (ETH) surged 15% in Q1 2024 as corporate adoption by firms like JPMorgan and Visa accelerated, reaching $4,000 for the first time since 2021.
Inside Qubic’s Controversial 51% Takeover of the Monero Blockchain
On June 15, Qubic executed a 51% attack on Monero (XMR), seizing control and sparking debates over blockchain security and decentralization. The incident involved $18M in XMR transactions. Qubic founder Sergey Ivanov defended the move, while Monero dev Riccardo Spagni condemned it. Network stability remains uncertain.
Do Kwon pleads guilty to fraud in Terraform Labs UST 2022 collapse
Terraform Labs founder Do Kwon pleaded guilty to conspiracy and wire fraud, linked to the $40 billion UST collapse in May 2022, impacting LUNA and crypto markets.
XRP declines 12% as SEC lawsuit progresses, 1.2M wallets remain active
XRP dropped 12% last week amid SEC lawsuit updates, with Ripple and Coinbase affected. Analysts note 1.2M wallets hold XRP, signaling resilience.
Algorand L1 sustains 1.2M daily transactions after USDT exit and Algofi shutdown
Algorand L1 progresses after USDT exits and Algofi shuts down, with 1.2M daily transactions and partnerships including Circle and FIFA.
DOGE price prediction August 12 forecasts $0.068 resistance
DOGE trades at $0.065 with 3.2% daily volatility; Elon Musk mentions Dogecoin in August 10 tweet; Bitcoin influences DOGE trends.
S&P flags Sky Protocol’s $1.2B TVL risks due to capital and centralization issues in 2024
S&P warns Sky Protocol faces capital and centralization issues with $1.2B TVL, citing risks for Ethereum and DeFi sector stability in 2024.
Bitfarms sells 1,052 BTC as Bitcoin tests $60,000 support level
Bitfarms sold 1,052 BTC amid Bitcoin testing $60,000 support, impacting market liquidity. Bitcoin dropped 5% post-sale, reflecting miner pressure.
