Cryptocurrency Analysis and News Portal
FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations.On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware, seeking authorization for the FTX Recovery Trust to freeze distributions to creditors in “potentially restricted
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Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region.Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles
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Russian state-owned manufacturing conglomerate Rostec, best known for its role in the country’s military-industrial complex, plans to roll out a ruble-pegged token called RUBx alongside a payment hub dubbed RT-Pay before year-end.Each RUBx, according to state-owned news agency TASS, will represent one Russian ruble held in a treasury account. Rostec
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According to Glassnode, long-term holders (LTHs) are defined as investors who have held bitcoin for at least 155 days. CoinDesk Research indicates that one reason bitcoin has ye to reach new all-time highs has been selling pressure from these long-term holders.However, zooming out, Glassnode data shows that the percentage
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The frog-themed memecoin PEPE (PEP) slid nearly 6% over the 24 hours, as Trump’s reciprocal tariffs deadline sent ripples through the cryptocurrency market and exposed the token’s volatility.PEPE’s price swung across a 16.5% trading range, underscoring how fast sentiment can flip in a market increasingly sensitive to geopolitical and macroeconomic
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Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in a Tennessee federal court.According to the complaint, Ianello took over Phoenix Community Capital in October 2022 and allegedly executed an
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China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday.They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role. Both firms already plan
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A Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping targeting the wife of local crypto entrepreneur Stéphane Winkel.The Brussels Criminal Court handed down 12-year prison sentences to three kidnappers who attacked Winkel’s wife in December 2024, local news agency La Dernière Heure reported on Thursday.The
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Internet Computer Protocol is trading at $4.8373, down 5.18% in the past 24 hours, while the broader crypto market as gauged by the CoinDesk 20 Index dropped only half as much. ICP faced renewed selling pressure as geopolitical risks and cybersecurity threats rattled digital asset markets. The decline comes
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A U.S. and Vietnam trade deal has been reached that means Vietnam will avoid the most severe tariff rates—set to go back up next week—but there’s a catch that could anger Vietnam’s largest trading partner, China.The deal, announced Wednesday, will mean Vietnamese exports to the U.S. are tariffed at a
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