Tag Archives: Cryptocurrency News

CoinspeakerCelo Developer cLabs Proposes Ethereum Layer 2 Chain Development Using OP Stack The deployment of the Celo Layer 2 testnet is planned for later in the summer. This will come after another round of community voting. Celo Developer cLabs Proposes Ethereum Layer 2 Chain Development Using OP Stack

CoinspeakerBinance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya The Nigerian government has been pushing the Binance crypto exchange to pay as much as $10B for the significant economic disruption caused. Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya

CoinspeakerFinnish Tax Authority Uncovers $31M in Unreported Crypto Gains in 2023 Mika Siivonen, a tax expert from the Finnish Tax Administration, explained that a lower number of reported traders often corresponds to a higher number of investors who have yet to declare their income taxes. Finnish Tax Authority Uncovers $31M in Unreported Crypto Gains in 2023

CoinspeakerShiba Inu Layer 2 Platform Shibarium Faces Technical Outage, SHIB Price Unaffected Shiba Inu developer stated that some network issues among validators led to a temporary outage and the platform is once again functioning normally. Shiba Inu Layer 2 Platform Shibarium Faces Technical Outage, SHIB Price Unaffected

CoinspeakerRobert F. Kennedy Jr. Makes Radical Proposal: Vows to Put US Budget on Blockchain The proposed system aims to curb corruption and prevent the misappropriation of funds by granting the public direct access to every budget item. Robert F. Kennedy Jr. Makes Radical Proposal: Vows to Put US Budget on Blockchain

CoinspeakerCoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further Ethere­um continued its trend of outflows, re­cording its sixth consecutive week with a $34 million outflow. CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further

CoinspeakerBitcoin Layer 2 Coins Rally after BTC Halving Event 2024 Since the halving event, Stacks (STX) token surged by 20%, Elastos' ELA token has surged by 11%, while SatoshiVM's SAVM has seen a 5% increase in value. Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024

CoinspeakerUS Lawmakers Continue Their Push for Stablecoin Reform Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. US Lawmakers Continue Their Push for Stablecoin Reform

Coinspeaker21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000? 21,000 Bitcoin options are set to expire having a notional value of $1.5 billion and a put call ratio of 0.62. The max pain point for the expiry currently stands at $69,000. 21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?

CoinspeakerBitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80% Bitget’s native token BGB dramatically soared reaching $1 in February, and had a huge increase in market cap to reach $ 1.5 billion. Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80%