“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Bitcoin surged to $107,000 on Sunday before quickly retracting, unsettling investor confidence and instigating new volatility throughout the market. The movement, which many anticipated would facilitate a clear breakout into price exploration, instead reaffirmed the ongoing consolidation range between $100K and $105K. Analysts remain at odds — some perceive this as a healthy pause before a greater push, while others caution of a more profound correction if BTC falls below the $100K support. As the market processes this pullback, on-chain analytics provide an essential element to…
Autore: wsjcrypto
“`html Following weeks of conjecture among cryptocurrency aficionados and media outlets, Tron creator Justin Sun has asserted that he possesses the wallet responsible for acquiring the most substantial quantity of Donald Trump’s memecoin, enabling him to gain an invitation for a dinner and reception with the US president.In a May 19 X post, Sun stated that he had obtained an invitation to join Trump’s dinner at his golf course near Washington, DC, as part of a reward for the leading 220 memecoin holders. The Tron creator alleged that he commanded the top wallet on the TRUMP token leaderboard under the…
“`html Reasons to trust Rigorous editorial standards emphasizing precision, pertinence, and neutrality Developed by market specialists and thoroughly examined The utmost standards in journalism and publication Rigorous editorial standards emphasizing precision, pertinence, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A cryptocurrency analyst has detailed a long-term optimistic trajectory for XRP’s price, predicting a gradual rise towards astonishing all-time peaks of $37. Although the technical analysis and chart patterns lend credence to this positive perspective, bearish indicators remain apparent, signaling a pivotal…
“`html EVEN though the Philippine banking system has remained robust, the International Monetary Fund (IMF) stated that dangers in the real estate domain and consumer credits still necessitate increased scrutiny and might lead the central bank to take action. “Risks to financial stability remain managed. The banking sector possesses adequate liquidity and capital reserves, and nonperforming loans (NPL) are minimal,” an IMF representative communicated to BusinessWorld via email. Recent statistics from the Bangko Sentral ng Pilipinas (BSP) indicated that the banking industry’s NPL ratio decreased to a three-month low of 3.3% in March. “Nonetheless, certain segments of the commercial real…
The Supreme Court of India has raised concerns regarding the government’s absence of regulatory transparency concerning cryptocurrencies, despite levying taxes on digital assets such as Bitcoin.As per the Indian legal news platform LawChakra, the nation’s Supreme Court highlighted its worries over the rising adoption of Bitcoin (BTC) and other digital currencies while they remain predominantly unregulated.“This is an entirely separate economy operating with such coins and poses a risk to the nation’s economy,” Justice Surya Kant allegedly remarked during a recent session related to an ongoing probe into a Bitcoin deal.Kant further pointed out that while the administration has instituted…
Binance has submitted a motion to dismiss a $1.76 billion lawsuit initiated by the FTX estate, alleging that the collapsed crypto exchange is attempting to shift blame for its own downfall.Submitted on May 16 in the Delaware Bankruptcy Court, Binance’s legal representatives described the lawsuit as “legally insufficient,” asserting that FTX’s downfall was not caused by market manipulation or malicious actions but by internal wrongdoing.“Plaintiffs are acting as if FTX did not collapse due to one of the largest corporate frauds in history,” the document stated, referencing Sam “SBF” Bankman-Fried’s conviction on seven charges of fraud and conspiracy.FTX’s estate contends…
Today, BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) revealed the initiation of its Bitcoin Treasury Advisory Practice and a $4 million agreement with a U.S. publicly traded firm. This transaction enabled BitMine to exceed its total revenue from last year with just this one deal, per the announcement. BitMine is set to offer “Mining as a Service” (MaaS) by renting 3,000 Bitcoin ASIC miners to the client until December 30, 2025, under a $3.2 million lease agreement, with an upfront payment of $1.6 million. Moreover, the client has entered into an $800,000 consulting contract for one year, concentrating on Bitcoin Mining-as-a-Service…
“`html By Mon Abrea The legislation of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) signifies yet another milestone in the Philippines’ continuous endeavor to upgrade its tax framework, enhance its attractiveness to investors, and align with international benchmarks. Building on the foundational reforms initiated through CREATE, this new law not only rationalizes incentives and enhances transparency but also directly addresses the primary concerns of foreign investors and multinational corporations (MNCs). During our series of international roadshows last year — spanning over 15 nations and engaging hundreds of business leaders, diplomatic…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Crypto analyst Marco Polo has supplied an optimistic forecast for the Dogecoin value, suggesting that a surge to a new local peak could be on the horizon. The analyst referred to technical indicators, which endorse this DOGE breakout. Dogecoin Price Preparing For Traditional Movement In an X post, Marco Polo indicated that the Dogecoin price is setting up for a traditional movement, which could result in a surge to $0.5. He indicated that the meme coin had already escaped from the falling wedge, although a retest…
“`html The US Department of Justice is reportedly investigating Coinbase’s contracted customer service representatives in India, who accepted kickbacks in exchange for granting criminals access to user information.According to a May 19 Bloomberg article, DOJ investigators are examining the data breach, which Coinbase made public on May 15. The exchange indicated that a group of customer support contractors — who were subsequently dismissed — “misused their access to […] systems to pilfer the account information of a small group of customers.”“We have informed and are collaborating with the DOJ and other US and international law enforcement bodies and support law…