Author: Admin-aX9d7

A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops. In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking. According to Hu, one of the overhyped narratives in Bitcoin was non-fungible tokens (NFTs). The executive told Cointelegraph that while inscriptions may have gone “to the moon,” Hu said the era is “completely gone.” CryptoSlam data shows that in the first quarter of 2024, Bitcoin NFTs had a volume of $1.4 billion. In 2025 Q1, the volume…

Tokyo-based Metaplanet (3350) has issued 3.6 billion yen (around $24.8 million) in bonds to fund additional purchases of bitcoin (BTC) after the Japanese hotel firm’s holdings surpassed 5,000 BTC.According to a notice from the company, the newly issued bonds were sold entirely to EVO FUND. The bonds carry no interest and will be redeemed at par value on October 31, 2025, unless repaid earlier at the bondholder’s request.The funds are earmarked specifically for BTC acquisition, in line with the plan disclosed earlier this year when Metaplanet detailed a series of stock acquisition rights.The company expects to fund the bond’s redemption…

TRUMP token rallies after President Trump says it’s “SO COOL”The Official Trump (TRUMP) memecoin linked to US President Donald Trump soared over 12% to $12.25 in 40 minutes on March 23, after the president called it “The greatest of them all” on social media.“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” Trump said on Truth Social on March 23 at 2:33 am UTC.Source: Donald TrumpNearly $250 million was added to the TRUMP token’s $2.5 billion market cap by 3:11 am before the memecoin fell back down to $11.38 about 90 minutes later, CoinGecko data shows and is…

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed actions Thursday to sever Cambodia-based Huione Group from the U.S. financial system.”For years, Huione Group has laundered illicit proceeds from cybercrimes,” the agency said in a notice of proposed rulemaking under Section 311 of the Patriot Act, identifying Huione as a “primary money laundering concern.”Section 311 provides the U.S. Treasury Secretary with “a range of options” that can be adapted to target specific money laundering and terrorist financing risks.Huione Group is a Cambodia-based financial conglomerate headquartered in Phnom Penh. Its portfolio includes digital payment services, crypto platforms, and insurance operations.The…

– Advertisement – In the ever-evolving world of cryptocurrency, the allure of transforming a modest investment into substantial wealth remains a compelling narrative. As we navigate through 2025, attention gravitates towards stalwarts like Bitcoin (BTC), XRP, and Ethereum (ETH), each demonstrating resilience and potential for growth. However, emerging projects like MAGACOINFINANCE are capturing the imagination of investors seeking the next big opportunity.   CURRENT PRICE – $0.000245 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – 2025’S TOP-RANKED CRYPTO PROJECT Unprecedented Growth Potential MAGACOINFINANCE has rapidly ascended the ranks, amassing over $7.8 million in its pre-sale phase. With a capped…

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered.Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) trading, citing the token’s failure to meet its listing standards.Source: MovementThe suspension came after a recently announced third-party review requested by the Movement Network Foundation into an agreement orchestrated by Manche with Rentech — the latter helped broker an agreement with market maker Web3Port. Private intelligence…

12h30 ▪ 5 min read ▪ by Mikaia A. Freedom. Here is a word that Humanity has raised to the rank of totem for centuries. Freedom to think, to act, to trade. But in the age of digital platforms, its definition wavers. For Changpeng Zhao, known as CZ, it is impossible to talk about financial freedom without freedom of expression. It is this conviction that led him to inject 500 million dollars into X, the former Twitter, in the name of a freer Web3… at least in appearance. In brief CZ links financial freedom and freedom of expression, a pillar…

Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services.The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter to the agency’s Crypto Task Force lead, SEC Commissioner Hester Peirce, that staking is fundamentally a technical process, not an investment activity. “Staking isn’t niche — it’s the backbone of the decentralized internet,” the letter said. The letter responded to the SEC’s call for public input on whether staking and liquid staking, where crypto users lock…

Key takeaways:Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting. Over the past 24 hours, short position liquidations exceeded $137 million, with Alphractal founder Joao Wedson observing that BTC’s price momentum continues to favor bullish trends.Bitcoin aggregated liquidation heatmap. Source: X.comPeter Brandt predicts a $150,000 Bitcoin top by Q3In a recent post on X, veteran trader Peter Brandt…

The U.K.’s Financial Conduct Authority (FCA) is seeking views on intermediaries, staking, lending, borrowing, and decentralised finance (DeFi), in a discussion paper released on Friday.The discussion paper follows draft legislation by the Treasury that was announced on Tuesday. Once the legislation passes it will bring specific crypto activities within the FCA’s regulation, the regulator said on its website.”Crypto is a growing industry. Currently largely unregulated, we want to create a crypto regime that gives firms the clarity they need to safely innovate, while delivering appropriate levels of market integrity and consumer protection,” said David Geale, executive director of payments and…