At the recent Dubai Fintech Summit event, Saqr Ereiqat, the co-founder of venture-building firm Crypto Oasis, spoke about the United Arab Emirates’ infrastructures and how they can be “ideal” for crypto businesses.  Speaking with Cointelegraph, Ereiqat highlighted that there are several factors that businesses should look at when considering a […]

The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure. The coin’s value remained stagnant at around $1,800, leading to waning interest from buyers […]

The CEO of JPMorgan Chase — which recently took over failed First Republic Bank — believes there could be more pain ahead for United States banks if the Federal Reserve goes into crisis mode with overregulation. In a Bloomberg television interview on May 11, JPMorgan Chase Chair and CEO Jamie […]

Memecoin buyers are playing the crypto-equivalent of Powerball — with many “playing” in the hopes of scoring “life-changing money,” yet only a few will walk away with the jackpot, says Matrixport’s head of research. Memecoins have seen a huge resurgence over the last week. Crypto tokens such as Pepe (PEPE) […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a […]

Binance US and its owner Changpeng Zhao have reportedly been looking for ways to reduce his stake in the exchange.  Zhao launched the crypto exchange’s American arm in 2019 and owns a controlling stake in it.  People familiar with the matter revealed that CZ has been trying to sell part […]

The chair of the United States House of Representatives Financial Services Committee and six subcommittee chairs have sent a letter to U.S. Securities and Exchange Commission (SEC) Secretary Vanessa Countryman voicing their concerns over the agency’s proposed advisory clients custody rule. They join a string of crypto industry figures in […]

The U.S. Internal Revenue Service is helping Ukrainian law enforcement to pursue Russian crypto sanctions evaders.  Chainalysis is collaborating with agencies from both nations to track individuals suspected of concealing their wealth using crypto.  Regulators and policymakers in the US have highlighted the potential role of crypto in sanctions evasion […]

Elon Musk, the owner of Twitter and a big supporter of Dogecoin, the original meme coin, is stepping down as the CEO of the social media platform to focus on product development. He will act as the chief technology officer (CTO) of Twitter. Elon Musk Stepping Down As Twitter CEO […]

Twitter chief executive officer Elon Musk has announced that he will be transitioning to executive chair and chief technology officer of the social media platform in roughly six weeks. In a May 11 tweet, Musk said he hired a new CEO for X Corp. — Twitter’s parent company — who will […]