A former Grayscale executive asserts that traditional financial institutions have become more eager than ever to convert assets into digital tokens using public blockchains. In an interview with CryptoMoon, Celisa Morin, formerly Vice President of Platform Distribution at Grayscale until early 2023, shared her perspective that a emerging trend among traditional financial institutions, led by … Read more
The IRS in the United States anticipates a large increase in cryptocurrency tax fraud instances in the future, with the tax filing deadline for Americans approaching on April 15th. At the Chainalysis Links event in New York, IRS Criminal Investigation Head Guy Ficco spoke with CNBC. He revealed that his team is gearing up to … Read more
WIF’s social volume remained higher than that of SHIB. Bearish sentiment around WIF was dominant despite the price rise. Despite a majority of cryptocurrencies, even popular meme coins, experiencing price declines in the previous 24 hours, dogwifhat (WIF) bucked the trend with its green price chart. Meanwhile, SHIB, the second-largest meme coin, experienced a decrease … Read more
Uniswap’s CEO receives SEC’s Wells notice, similar to Coinbase. Ripple’s resilience offers lessons for Uniswap. In the middle of the ongoing lawsuit between Ripple (XRP) and the Securities and Exchange Commission (SEC), attention has shifted towards Uniswap Labs. On April 10th, the CEO of Uniswap (UNI) announced on X (previously known as Twitter) that they … Read more
SHIB’s price tumbled despite increased activity on Shibarium. The value of the token might climb as participants stuck to the bullish end. The number of transactions on Shibarium, Shiba Inu‘s [SHIB] layer 2 network, experienced a remarkable increase and were processed on the blockchain. Ten days ago, according to Shibarium Explorer’s data, there were fewer … Read more
In the last 24 hours, both Solana’s open interest (OI) and its price have decreased in harmony with the overall crypto market downturn. Yet, traders remain hopeful, regarding this as a promising “buying opportunity.” April 14th saw Solana’s open interest (OI) at around $1.62 billion according to CoinGlass, representing a nearly 21% decrease compared to … Read more