GameStop Soars 130% After Roaring Kitty Returns
GameStop’s stock (GME) is up 130% in premarket trading, officially placing it among the 500 largest public companies in the U.S. the day after Roaring Kitty returned to Twitter. This comes the day after Keith Gill, most well-known by his Reddit usernames, Roaring Kitty or DeepFuckingValue, returned to social media after three years of silence. […]
Tornado Cash Developer Sentenced for Money Laundering
Alexey Pertsev, a developer of Ethereum mixer Tornado Cash, has been found guilty of money laundering by a Dutch court and given a 64-month prison sentence. A Dutch judge at s-Hertogenbosch court stated that Tornado Cash is “intended for criminals” and that “the criminal user is fully facilitated.” In turn, the developer has been convicted […]
Wells Fargo Dips Into Bitcoin ETFs
American banking giant Wells Fargo has recently marked its entry into the cryptocurrency sector by investing in multiple Bitcoin ETFs (Exchange-Traded Funds), according to a new regulatory filing. The move underscores the growing interest from traditional financial institutions in crypto assets. The filing with the U.S. Securities and Exchange Commission (SEC) revealed that Wells Fargo […]
Meme Coins Rally After Roaring Kitty’s Return
The cryptocurrency and stock markets experienced a significant surge early Monday, following a tweet by Keith Gill, better known as Roaring Kitty or DeepFuckingValue. His post, the first in nearly three years, featured an image of a man intently leaning forward while holding a video game controller, sparking speculation of an impending rally in meme […]
SEC Counters Coinbase’s Regulatory Plea
In an ongoing legal tussle, the U.S. Securities and Exchange Commission (SEC) has urged the court to dismiss Coinbase’s petition for a revamped regulatory framework tailored to crypto assets. This development stems from a recent court filing where the SEC addressed Coinbase’s March claims that the existing securities laws should not automatically apply to cryptocurrencies. […]
Jack Dorsey’s Vision for Bitcoin and Decentralized Social Media
Twitter co-founder Jack Dorsey, a staunch advocate for Bitcoin, recently reinforced his optimistic stance on the cryptocurrency’s future in an interview with Pirate Wires, where he predicted that Bitcoin could reach $1 million by 2030. Known for his proactive support of the Bitcoin ecosystem through donations and development initiatives, Dorsey’s bullish predictions are backed by […]
Cryptocurrency Markets Face Sudden Downturn
The cryptocurrency market experienced a significant drop early Friday, with Bitcoin and Ethereum leading a sharp decline that resulted in over $150 million in liquidations within 24 hours. Bitcoin witnessed a dramatic fall, plunging more than $2,000 in just an hour—from a high above $63,000 to a daily low of $60,890. The price has since […]
Friend.tech’s Comeback Surges Token Value
Social crypto platform Friend.tech has demonstrated a remarkable recovery, surging 23% in just 24 hours following a tumultuous initial launch of its token and version two (V2) of the platform. This resurgence is particularly significant given the challenges encountered during the rollout of the FRIEND token and the V2 features. Last week’s launch was marred […]
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