The Fidelity Wise Origin Bitcoin (FBTC) ETF, a key player in the spot Bitcoin exchange-traded fund (ETF) market, experienced a significant setback on Thursday, with a first day of net outflows since launch. It recorded a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market. This outflow trend, the first of its kind since its introduction in January, had a ripple effect beyond Fidelity Bitcoin ETF. It impacted other prominent funds in the cryptocurrency market, painting a broader picture of the market’s current state. On the same day, notable names ..read more

New powers that will make it easier for UK law enforcement agencies to seize crypto come into effect on Friday. This comes after the UK Parliament passed new legislation last year, dubbed the ‘Economic Crime and Corporate Transparency Act.’ This Act expanded the authority of local law enforcement and laid the foundations for crypto to be seized more quickly. What Is The ‘Economic Crime and Corporate Transparency Act’? The bill is now taking effect with new powers being implemented on Friday, the UK Home Office said in a press release. UK Law enforcement will now be able to seize funds before ..read more

A concerted effort to crack down on the use of cryptocurrencies in the buying and selling of child sexual abuse material (CSAM) is underway in the United States, spearheaded by Senators Elizabeth Warren and Bill Cassidy. The senators are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse-related materials. Senators Urge DOJ and DHS to Combat Use of Cryptocurrency in Child Sexual Abuse Material Transactions US Senators Elizabeth Warren and Bill Cassidy are urging the Department of Justice and the Department of Homeland Security to intens ..read more

Thursday, April 25, 2024 – A presale for Solana’s hottest new GambleFi token, Mega Dice ($DICE), kicked off last Wednesday, quickly netting over $500,000 dollars in the first seven days, according to the token’s website. Mega Dice is already a well-established name in GambleFi. It launched last year as the world’s first licensed crypto casino accessible through the popular messaging app Telegram and has since attracted 50,000 players. Others have since followed suit and launched iGaming bots on Telegram, most notably TG Casino. Mega Dice’s website currently offers gamers over 4,500 ways to win ..read more

Zach Bruch, the Founder and CEO of online crypto casino MyPrize, sat down with Cryptonews Podcast’s Matt Zahab for a comprehensive interview. He talked about MyPrize emerging from stealth and already onboarding nearly 100,000 users. Bruch also discussed why online casinos are a perfect vehicle for bringing more people into the crypto space. Moreover, the CEO explained how the MyPrize team enables content creators to become small businesses, properly monetize their content, and gamble with their audience. Onboarding Thousands of Users Bruch entered the crypto space in 2010. He worked in the s ..read more

SPACEX is the newest token launch from a devoted Elon Musk enthusiast and developer known behind the @Elon_Meme_Token X handle. Recently, the same developer also successfully introduced multi-chain versions for both the ELON and TESSLA tokens. $ELON $TESSLA $SPACEX ready to colonize MARS#multichain #CosmosEcosystem #LUNC #INJ #STARS #OSMOSIS #BNB #Polygon #Solana #MemeToken pic.twitter.com/a4mNjkmasN — Elon Meme (@Elon_meme_token) April 26, 2024 This article explores how SPACEX’s price hammered moon-shot gains and uncovers the next big meme coin set to skyrocket in the macro summe ..read more

Yao Qian, the influential figure behind China’s central bank digital currency (CBDC) project, is currently under investigation for suspected “violations of discipline and law.” Qian played a pivotal role in leading the research effort at the People’s Bank of China (PBOC) to develop and issue a digital yuan, according to a report by state-owned news outlet Shanghai Securities News. However, he left the central bank in 2018 and has since been working at the China Securities Regulatory Commission. “Yao Qian, Director of the Science and Technology Supervision Department and Director of the I ..read more

Pantera Capital, the first crypto fund in the U.S., won some of the bids for the 41 million in locked Solana tokens during an FTX estate auction this week. Bloomberg reported today, citing an anonymous person close to the matter, that Pantera added to their winnings among other bidders as 2,000 SOL tokens sold this week. FTX, one of the largest cryptocurrency exchanges of its time, went bankrupt in 2022, leaving its crypto holdings under lock. Solana (SOL) made up a majority of these holdings, with over 41 million tokens to be liquidated. The SOL tokens the FTX estate is selling are locked und ..read more

Shiba Inu has risen by 4% today, with its price reaching $0.00002589 as the crypto market as a whole gains by 1% in the past 24 hours. SHIB has now increase by 13.5% in the past week, and while it’s down by 13% in a month, it has posted a 145% return in the past year. It continues to have momentum after its developers announced funding for a new layer-three network this past week, with its gains likely to continue for at least the next few days. And with the wider market due a strong comeback in the next few months, it should appreciate significantly in the medium- and long-term. Shiba Inu Pri ..read more

SOL has slid by 1.5% in the past 24 hours, with the Solana price dropping to $143.91 as the crypto market as a whole gains by a very modest 0.5% today. This move means that SOL is basically flat in the past week, but also down by 22% in a month, amid a difficult period for the market. Yet with the alt also sitting on a 550% gain in a year, and with the coin’s recent decline bottoming out, it’s in a position where it could recover strongly soon. Solana Price Prediction as SOL Shows Strong Recovery Signs — Is It Time to Load Up? While SOL’s chart and indicators currently look pretty weak, they ..read more