China

XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI

XRP is currently stabilizing around the $1.38 mark, with technical indicators suggesting a potential breakout. The Bollinger Bands are experiencing a squeeze, which often precedes significant price movements. Market participants are closely watching for any developments ahead of the upcoming Consumer Price Index (CPI) release. This economic data could influence investor sentiment and XRP's price trajectory in the near term. Overall, traders are anticipating volatility as the market reacts to these indicators.

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Hackers Hijack Bonk.fun Domain, Deploy Wallet-Draining Phishing Prompt

Hackers have taken control of the Bonk.fun domain and are using it to deploy a phishing prompt aimed at draining users' cryptocurrency wallets. The malicious site mimics the legitimate Bonk.fun platform, tricking users into entering sensitive information. Security experts warn that unsuspecting users could lose their funds

SEC, CFTC Strike Pact to Coordinate Crypto Rules and Oversight

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have reached an agreement to enhance coordination on cryptocurrency regulations and oversight. This pact aims to streamline regulatory efforts and address the complexities of the evolving crypto market. Both agencies will collaborate on rule-making and

Metaplanet Deepens Bitcoin Strategy With $25M Investment Plan, New Venture Arm

Metaplanet has announced a $25 million investment plan to enhance its Bitcoin strategy, alongside the launch of a new venture arm. This initiative aims to support innovative projects within the Bitcoin ecosystem and expand the company's involvement in the cryptocurrency space. The investment will focus on startups and

Crypto code commits fall 75% as developers move to AI projects

Crypto code commits have decreased by 75% as developers shift their focus to artificial intelligence projects. This significant decline indicates a potential slowdown in the cryptocurrency sector, as fewer developers are contributing to blockchain-related initiatives. The trend reflects a broader industry movement towards AI, which is attracting talent and resources

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Hackers Hijack Bonk.fun Domain, Deploy Wallet-Draining Phishing Prompt

SEC, CFTC Strike Pact to Coordinate Crypto Rules and Oversight

Metaplanet Deepens Bitcoin Strategy With $25M Investment Plan, New Venture Arm

Crypto code commits fall 75% as developers move to AI projects