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Cryptocurrency News
Cryptoninjas
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Image Credit: Cryptoninjas
California Court Dismisses Class-Action Lawsuit Against Dfinity: A Legal Victory with Open Questions
- A California judge has dismissed a class-action lawsuit against Dfinity, claiming the case was filed outside the statute of limitations.
- The lawsuit accused Dfinity of market manipulation and the sale of unregistered securities.
- Dfinity argued that the public offering of ICP tokens began in February 2017, making the lawsuit filed in August 2021 too late under the statute of repose.
- While the case was dismissed, investors have the opportunity to amend their complaint by April 8.
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Bravenewcoin
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Image Credit: Bravenewcoin
XRP Price Prediction: BlackRock ETF Approval and Bullish Trends Could Propel XRP to $29
- Bitwise predicts XRP could reach $29.32 by 2030, contingent on its growth in payments and tokenization sectors.
- A breakout above $3.40 could set XRP on the path to the $29.32 milestone according to technical analysis.
- In Bitwise's 'maximum scenario,' XRP's market cap would surpass $2.9 trillion by 2030, exceeding Microsoft's.
- Bitwise's 'bull scenario' estimates XRP could hit $12.7 by 2030 if it maintains steady network growth.
- BlackRock's potential XRP ETF approval is seen as a game-changer, likely attracting institutional investment.
- XRP's technical charts show both bullish and conservative trends, with resistance at $2.48 and support at $2.36.
- Ripple's progress in the U.S. financial sector and BlackRock's involvement hint at significant price appreciation for XRP.
- Analysts suggest 2025 could be a turning point for XRP, especially if the XRP ETF gains regulatory approval.
- Amidst increasing institutional interest and positive market indicators, XRP's potential for a surge to $29 remains plausible.
- The approval of the XRP ETF and ongoing partnerships are key factors that could shape XRP's future price trajectory.
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Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Price Drawdown: Technical Expert Gives Reasons On Why He Is No Longer Bullish On BTC And Crypto
- Technical expert Tony Severino is no longer bullish on BTC and other crypto assets amid the recent Bitcoin price drawdown.
- Citing market cycles and the Elliott Wave Theory, Severino believes the top is in for Bitcoin as Wave 1 and Wave 5 recorded similar price gains.
- Severino highlights the euphoria around Donald Trump's inauguration and the cyclical crests as additional reasons for his bearish stance on BTC.
- Other indicators such as curve trendline, Parabolic SAR, and Average Directional Index further suggest that the Bitcoin price has topped and the upward momentum is weakening.
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Coinpedia
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Image Credit: Coinpedia
From $500 to $166,667? Ozak AI’s 1000x Surge Could Be the Biggest of 2025!
- Ozak AI is rising as one of the most exciting prospects of 2025 in the crypto market.
- Ozak AI leverages AI and blockchain to revolutionize financial markets and decision-making.
- At its current presale price of $0.003, a $500 investment could potentially yield 166,667 tokens.
- If Ozak AI reaches $3 per token, the investment could gain a 1,000x benefit.
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Cryptoninjas
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Image Credit: Cryptoninjas
Wyoming to Launch State-Backed Stablecoin WYST Using LayerZero Technology in July
- Wyoming is launching its state-backed stablecoin, the Wyoming Stable Token (WYST), in July 2025, as the first fully reserved stablecoin in the U.S. by a public entity.
- WYST is backed by cash and U.S. Treasuries to ensure stability and peg to the U.S. dollar, with interest earned from reserves going to Wyoming’s School Foundation Fund.
- The Wyoming Stable Token Act and commission showcase Wyoming's innovative approach to blockchain, testing WYST on various blockchain networks for wider accessibility.
- Governor Mark Gordon highlights Wyoming's leadership in blockchain legislation, aiming for transparency and security in WYST through over-collateralization.
- WYST distinguishes itself by earmarking interest generated from reserves for the state's education system, promoting blockchain technology for public benefit.
- WYST aims to enable global value transfers at lower costs than traditional systems, offering revenue generation potential while minimizing financial risks for Wyoming.
- LayerZero Labs is the token issuance partner for WYST, facilitating technical deployment and cross-chain transfers for seamless interoperability.
- The public availability of WYST test-deployment smart contract addresses encourages transparency, community engagement, and further technical enhancements.
- Wyoming's introduction of WYST marks a significant step in government-issued digital assets and public digital infrastructure, promoting a shift towards public-good-oriented blockchain use cases.
- The launch of WYST signifies Wyoming's commitment to exploring stablecoins under regulation, potentially paving the way for more government-issued digital assets in the future.
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Coinjournal
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Solana-based memecoin BONK has acquired Exchange Art
- BONK memecoin acquires Exchange Art to merge crypto with fine art.
- Artist J.T. Liss to lead a new team for enhancing Exchange Art marketplace.
- Integration of Exchange Art on Solana aims to boost art and crypto engagement.
- Exchange Art to undergo a leadership transition with artist J.T. Liss taking charge.
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TronWeekly
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Image Credit: TronWeekly
Has crypto changed expectations surrounding payment speeds?
- The rise of cryptocurrencies has revolutionized the online finance world, setting new standards for transaction speeds through blockchain technology.
- Bitcoin, released in 2009, paved the way for the diverse crypto marketplace today, with transactions taking just minutes to complete.
- Blockchain transactions have influenced processing speeds of financial platforms like PayPal, prompting industry-wide changes in payment processing.
- Consumer expectations for faster services have increased due to advancements in technology and the widespread use of smartphones.
- Cryptocurrencies have pushed traditional financial institutions to catch up with the high speeds of blockchain transactions.
- In the iGaming industry, crypto has significantly impacted casino withdrawal speeds, leading to the acceptance of digital coins for faster transactions.
- Leading fintech companies like Wise and Revolut have gained popularity by offering rapid and efficient online money transactions.
- The impact of cryptocurrencies on the finance industry has accelerated the need for faster payments and improved efficiency across various sectors.
- Blockchain technology is driving advancements in transaction speeds, prompting traditional banks to enhance their systems to meet consumer demands.
- As cryptocurrencies continue to influence digital payments, consumer expectations for speed and efficiency are likely to increase in the future.
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TronWeekly
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Image Credit: TronWeekly
Bitcoin Holds Strong as Whales Accumulate Ahead of Major Breakout to $109k
- Bitcoin maintains bullish momentum, holding strong above key support after bouncing from $78K.
- Whales have accumulated $11 billion in BTC, signaling confidence in a potential breakout.
- Traders anticipate a short squeeze, which could push Bitcoin past $90K and beyond.
- If momentum holds, BTC could be on track for a new all-time high above $109K.
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Cryptoninjas
3w
101
Image Credit: Cryptoninjas
South Korea Blocks Foreign Crypto Exchanges on Google Play Amid Regulatory Crackdown
- South Korea is blocking foreign crypto exchanges on Google Play Store to protect its users and enforce crypto regulations.
- Apps from exchanges like KuCoin, MEXC, and Poloniex are being blocked due to their unregistered operations in Korea.
- South Korean authorities aim to prevent user damage and curb money laundering through virtual assets by restricting access to unregistered platforms.
- This move is in line with South Korea's strong stance on crypto regulation and comes after similar actions taken in Japan and India.
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Coinpedia
3w
421
Image Credit: Coinpedia
XRP News: XRPTurbo ($XRT) Set To Ignite XRP Bull Run As Presale Blazes Past 250,000 $XRP, Token Audit & Exchange Listings Incoming
- XRPTurbo ($XRT), a next-generation launchpad, has raised over 250,000 XRP in its ongoing presale.
- The platform aims to become the "Kickstarter of XRPL" by facilitating the next wave of DeFi and AI-driven innovations on Ripple's blockchain.
- XRPTurbo offers tools such as no-code token and NFT minting, AI and RWA launchpad, and a liquid staking portal with 25% APY.
- The $XRT token is undergoing security audits and is expected to be listed on major exchanges within 72 hours of the presale end.
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Cryptoninjas
3w
210
Image Credit: Cryptoninjas
First U.S. Bank Issues Stablecoin on a Permissionless Blockchain
- Custodia and Vantage Bank launch the first U.S. bank-issued stablecoin, Avit, operating on a permissionless blockchain.
- Avit tokenizes U.S. dollar demand deposits inside the banking system, enhancing transparency in digital payments.
- The introduction of Avit sets a new payment rail in the U.S. banking system, improving efficiencies in transactions.
- The Avit stablecoin offers lower costs, faster settlement times, programmability, and auditability in a regulated banking system.
- The partnership between Custodia and Vantage Bank enabled the minting, transfer, and redemption of Avit tokens on Ethereum.
- Avit ensures compliance with U.S. financial regulations while leveraging blockchain for efficient transactions.
- Full regulatory compliance with BSA/AML/OFAC standards was a key aspect of the Avit stablecoin's development.
- Custodia Bank and Vantage Bank collaborated closely with regulators to tokenize demand deposits on a permissionless blockchain.
- Avit's launch demonstrates the potential for U.S. banks to issue tokenized deposits on public networks, paving the way for a programmable payments infrastructure.
- Federal Reserve Governor Christopher Waller sees U.S. dollar-pegged digital assets as a way to enhance the dollar's supremacy globally and modernize banking with blockchain technology.
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Kraken
3w
131
Image Credit: Kraken
GHIBLI is available for trading!
- GHIBLI is now available for trading on Kraken!
- GHIBLI trading is live as of 16:30 UTC today, Mar 27, 2025.
- To add GHIBLI to your Kraken account, navigate to Funding and select the asset, then hit 'Deposit'.
- Kraken will make more assets available in the future, but details will be revealed shortly before launch.
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Silicon
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Image Credit: Silicon
Trump’s SEC Pick Pledges ‘Coherent’ Crypto Rules
- Paul Atkins, the nominee of US President Donald Trump for chairman of the SEC, has pledged a 'rational, coherent, and principled approach' to cryptocurrencies.
- Atkins has committed to divesting his crypto-related holdings if confirmed to lead the SEC.
- He has stated that a top priority will be establishing clear regulatory guidelines for digital assets.
- Atkins' approach to cryptocurrencies is in contrast to the hostile approach of former SEC chairman, Gary Gensler.
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Cryptoninjas
3w
430
Image Credit: Cryptoninjas
Fidelity to Introduce a New Stablecoin, Extends Its Digital Asset Reach
- Fidelity is reportedly in the advanced stages of testing a USD-pegged stablecoin.
- Fidelity aims to provide a secure and regulated alternative to existing stablecoins.
- Fidelity has been seeking to tokenize more traditional assets as part of a wider strategy.
- Fidelity competes with established players such as Tether and Circle in the stablecoin market.
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