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Changpeng Zhao , the founder of ind US try-leading cryptocurrency exchange Binance , has been sentenced to prison for four months . This sentence follows his early guilty plea for charges related to violations of the Bank Secrecy Act (BSA). Binance additionally agreed to a deferred prosecution agreement related to its failure to register as a money services business (MSB) and failure to maintain an effective anti-money laundering program. Zhao’s personal testimony at the hearing emphasized his sorrow for his actions and involved him taking responsibility for his mistakes while he led Binance. He also mentioned that his current focus is a ‘platform for online education for underprivileged kids.’ CZ to be sentenced in the US today — what to expect The four-month sentence is less than the three years recommended by prosecutors in their sentencing memo and more than the no jail time recommended by Zhao’s defense.  Changpeng Zhao’s sentencing is also...

Cryptocurrency exchange Coinbase has officially launched its Bitcoin Lightning Network integration. Indeed, the exchange announced that the integration, made possible through its partnership with Lightspark, officially begins its rollout today. The assimilation of the Bitcoin Lightning Network into the exchange will facilitate instant low-cost Bitcoin transfers for users. Specifically, every Coinbase user will now have the option to select the much faster and more affordable option. However, they can also opt for the traditional Bitcoin network to process their transactions. JUST IN: Coinbase officially integrates #Bitcoin Lightning Network. — Watcher.Guru (@WatcherGuru) April 30, 2024 Also Read: Coinbase Watch: Dogecoin’s Path to Mainstream Adoption Coinbase Launches Bitcoin Lightning Integration Throughout the first four months of the year, Bitcoin and the digital asset market have seen rather impressive surges in popularity. Although a price correction has...

Apr 30, 2024 at 08:42 // Price Author Coin Idol The price of Ripple (XRP) coin has fallen after hitting resistance at $0.56 or the 21-day SMA. Price Analysis by Coinidol.com. XRP long-term analysis: bearish On April 14, 2024, the price slide continued above the $0.46 support, as reported by Coinidol.com previously. Ripple then began an upward correction, which was halted at the recent high. In other words, the cryptocurrency is trading above the $0.46 support but below the 21-day SMA or resistance level at $0.56. The altcoin is currently worth $0.50. ...

The crypto currency market is still bumpy after the Bitcoin halving, with some coins struggling to bounce back. Bitcoin (BTC) is inching closer to $60,000, hoping to find support for its next big move. Investors need to stay alert during this consolidation phase as it could be a chance to catch a ride on a rising trend. Institutional investors are now paying more attention to interoperability and tokenizing real-world assets. Prices of these assets are climbing, even before the market fully takes off. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s highlights cover the cryptos worth watching. We’ll also discuss the 5th Scape, a VR gaming crypto project that enhances gaming with premium VR content. Details about its presale and the top-performing crypto of the day are shared below. 1. Helium (HNT) Helium (HNT) is a decentralized blockchain network for Inter...

The cryptocurrency market is undergoing another correction as we say goodbye to April. Bitcoin (BTC) has fallen 5.2% in the weekly charts, trading at just over $62,000. BTC’s plummet has trickled into other assets as well. Dogecoin (DOGE) has fallen 3.7% in the last 24 hours, 10.5% in the weekly charts, 9.1% in the 14-day charts, and over 32% in the previous month. Source: CoinGecko Also Read: Dogecoin Forming Head and Shoulders: Can DOGE Hit New ATH in May? The cryptocurrency market’s latest plunge could be due to slow inflows into spot BTC ETFs due to investor fears fuelled by rising geopolitical tensions, high inflation, and fading expectations of an interest rate cut. Dogecoin (DOGE) price prediction for May 2024 Source – StormGain According to CoinCodex, DOGE will continue to trade at around $0.144 till May 7, 2024. However, the asset may face a correction later in the month. CoinCodex anticipates DOGE to fall to $0.125 by the end of May. Hitting $...

Michael Wrubel shares his honest thoughts about this new project, highlighting its comprehensive approach to gaming for investors. The project in question is Mega Dice, a well-established casino that has raised over $580,000 in its presale for their new $DICE token, aiming to revolutionize GameFi. $DICE rewards existing users and attracts new ones, playing a key role in Mega Dice’s gamification strategy. Notably, Mega Dice is poised to be the first crypto casino offering daily rewards based on platform performance. Mega Dice (DICE) presale nears the $600,000 milestone Solana’s new blockchain projects are grabbing attention. One of them is Mega Dice (DICE), a token for gaming and gambling, which has quickly become popular since its presale started. In just one week, Mega Dice has raised over $580,000, showing that many people are interested in this new idea. Mega Dice’s presale has been very successful so far. The project has reached a big funding goal, proving th...

The current bull run goes against widespread expectations. Before, analysts predicted that funds from the Bitcoin uptrend would move into altcoins. However, historical data from past bull cycles shows that the Bitcoin rally typically precedes the emergence of the following cryptocurrencies to explode. Unfortunately, the predictions this time are not as accurate as expected. Only a few alt coins are following the BTC trend. Instead of funds flooding the altcoin market, investors heavily bet on meme coins , signalling another meme coin season. Brett provides a perfect entry point for investors exploring memecoin. 6 Best Altcoin to Buy Now  Several tokens in the crypto market have exhibited widely different price actions. For instance, the top trending alt coins have experienced significant surges in the last 24 hours. Today, we evaluate the market data of these alt coins and provide insights into their potential. Moreover, attention in the crypto market has shifted towards the...

Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what this could mean for the crypto’s price. 260,000 ETH Leaves Exchanges Amid the uncertainty that has plagued the crypto market, Ethereum investors are making moves to secure their positions for better price prospects. Pseudonymous crypto technical analyst Titan of Crypto took to X (formerly Twitter) to share what Ethereum investors are doing about their holdings right. Related Reading: Bitcoin Bears Risk Losing $7.2 Billion If BTC Price Reaches This Level The post revealed that these investors have been withdrawing large amounts of ETH from centralized exchanges. In the one...

Breaking from a tradition of appearing only infrequently in the news over his stock market activities, Senator Rafael Edward Cruz – better known as Ted Cruz – recently made a stir with a major sale of Goldman Sachs (NYSE: GS) shares. The event – notable as Cruz’s wife is a managing director at the financial giant – also drew attention to some of Sentor’s other trades, not the least of which being his 2022 Bitcoin (BTC) bet. Indeed, the Senator is substantially in the green as back on January 25, 2022 – the day Cruz bought up to $50,000 worth of BTC through the River exchange – the cryptocurrency was worth approximately $39,000. Picks for you Ripple v. SEC court case update as of April 26, 2024 2 hours ago AI predicts Copper price for May 1, 2024 19 hours ago Could this be the next trillion dollar company? Why you should add this stock to your portfolio now 19 hours ago Mark Zuckerberg's net worth plummets as Meta st...

So, you ’ve used the Bitcoin mixing service Samourai Wallet . Its founders have been arrested, its domain is seized, and five different law enforcement agencies have issued joint Press Releases about the alleged crimes it perpetrated. What should you do? To begin, you should probably do what you should have done in the first place — follow the law. While it’s almost always legal to transact online, store data on Bitcoin ’s blockchain, and use node and wallet software, it is illegal to use Bitcoin to do certain other things. Law enforcement agencies seize Samourai Wallet’s website. For example, it is a crime to evade taxes; to intentionally launder the proceeds of others’ crimes; or to conspire with or assist others in breaking the law. It’s also a crime to avoid cash-like reporting requirements — and there are many cash reporting requirements. For example, most US business owners who pay any worker more than $600 (soon rising to $5,000) per year ne...

The announcement of Perpetual Futures Contracts for Pepe coin on Coinbase has sparked excitement and speculation among traders. This move brings Pepe coin one step closer to a full spot trading position on Coinbase, potentially opening up new avenues for trading and investment. The prospect of a Pepe-USDT trading pair on Coinbase has ignited optimism among investors, leading to a surge in Pepe coin’s price. Investors can now trade 1000PEPE-PERP with up to 10X leverage, and traders in eligible jurisdictions are eagerly exploring this new opportunity. The impact of Coinbase’s support for Pepe coin has been palpable, with the coin experiencing a significant uptrend in recent days. Such rapid growth has reignited discussions about the coin’s potential to reach new all-time highs, prompting investors to closely monitor its price movements. However, amidst the euphoria, seasoned traders advise caution, emphasizing the importance of distinguishing between hype and fundamen...