Avalanche’s on-chain activity has declined, with transactions dropping 48% and active addresses down 37%, but developer calls have increased. Standard Chartered has projected $AVAX could climb to $250 by 2029, helped by modular scaling, Bitget’s India initiative and a proposed Grayscale ETF.
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Category: Cryptocurrencies
FTX Sues NFT Stars and Kurosemi over $1.3M Token Shortfall
FTX has sued NFT Stars and Kurosemi after repeated efforts to secure SENATE, SIDUS and AGI tokens failed, the latest action in a $14.5 billion asset hunt that has recovered funds from Bybit and K5 Global and will help finance creditor repayments starting in May under a court-approved plan.
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David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With $500K Entry Price
Executive Branch, a $500,000 private club co-founded by Trump Jr., David Sacks and the Winklevoss twins, is set to open soon in Washington’s Georgetown.
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Arizona Lawmakers Pass Strategic Bitcoin Reserve Act, Awaits Governor’s Approval
The Arizona Strategic Bitcoin Reserve Act allows the state treasurer and retirement system to invest as much as 10% of available funds in crypto.
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Bankera Founders Accused of Using ICO Funds to Buy Luxury Properties Worldwide
The founders of Bankera are facing allegations of misusing funds from their 2018 ICO to finance the purchase of luxury properties around the world.
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DOJ Demands 20-Year Sentence for Celsius CEO Alex Mashinsky Over ‘Deliberate’ Fraud
The DOJ is seeking a 20-year prison sentence for Alex Mashinsky, the former CEO of bankrupt crypto lending platform Celsius.
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Will Bitcoin Surge Alongside Gold? Historic Cycles Point to Explosive Price Prediction
Bitcoin and gold are moving in sync again. Correlation rebounds from -0.67 to 0.54, signaling a bullish cycle ahead. Could BTC retest $98K?
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Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes $1B Inflows
Coinbase has detailed plans to open the Coinbase Bitcoin Yield Fund to non-U.S. institutional clients on May 1, promising 4–8 % net returns in Bitcoin. The strategy relies on low-leverage basis trades, monthly liquidity and external custody, presenting a lower-risk option to high-yield lending.
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House Financial Services Committee Sets Digital Asset Innovation Hearing For Next Week
The United States House Committee on Financial Services is slated to host a hearing focused on digital asset innovation next Tuesday, according to the committee’s schedule listed on its website.Digital Assets On HFSC Docket Titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” the hearing is expected to cover […]
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South Korea’s PPP Pledges to Ditch Crypto Exchange Banking Rules if Elected
The South Korean People Power Party (PPP) has claimed that it will abolish the country’s controversial crypto exchange banking law if its candidate wins June’s Presidential Elections.
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