Day: April 10, 2025

Magic Eden acquires crypto trading app Slingshot to move beyond NFTs

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Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn. The move expands Magic Eden’s support to more than 8 million tokens across almost every major blockchain, the firm said in an April 9 X post. “No bridges. No CEXs. This is another major step towards our vision of providing the best platform to trade all assets, on all chains,” Magic Eden said. Source: Jack Lu Slingshot has amassed…

SafeMoon boss cites DOJ’s nixed crypto unit in latest bid to toss suit

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Braden John Karony, the CEO of crypto firm SafeMoon, has cited the US Department of Justice’s directive to no longer pursue some crypto charges in an effort to get the case against him and his firm dismissed.  In an April 9 letter to New York federal court judge Eric Komitee, Karony’s attorney, Nicholas Smith, said the court should consider an April 7 memo from US Deputy Attorney General Todd Blanche that disbanded the DOJ’s crypto unit. “The Department of Justice is not a digital assets regulator,” Blanche said in the…

XRP Price Eyes $2.0 Breakout—Can It Hold and Ignite a Bullish Surge?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin inflows to Binance see ‘strong acceleration’ ahead of March CPI print

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Bitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump’s tariffs and the upcoming US Consumer Price Index (CPI) results, says an analyst. However, another analyst argued that while it could signal an impending sell-off, it might also indicate a bullish trend. Investors are “actively moving funds to Binance” CryptoQuant contributor Maarten Regterschot said in an April 9 post that Binance’s Bitcoin (BTC) reserve increased by 22,106 BTC, worth $1.82 billion, over the last 12 days to a total of…

Trump’s Surprise Move Sends ETH Up 15%

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a fresh increase above the $1,600 zone. ETH is now up nearly 15% and might attempt a move above the $1,680 zone. Ethereum started a decent…

Bitcoin Rallies After Trump Pauses Tariff—Crypto Markets Cheer the Move

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price started a fresh increase above the $80,000 zone. BTC is now consolidating gains and might correct some to test the $80,500 zone. Bitcoin started a fresh increase…

Ukraine floats 23% tax on some crypto income, exemptions for stablecoins

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Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins.   Crypto transactions would be taxed at 18% with a 5% military levy on top as part of the proposed framework, released on April 8 by Ukraine’s National Securities and Stock Market Commission.  NSSMC Chairman Ruslan Magomedov said in an April 8 statement that “the issue of crypto taxes is not a hypothesis, but a reality that is fast approaching.”  He added that the agency created…

21Shares files for spot Dogecoin ETF in the US

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Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale. The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm’s April 9 Form S-1 registration statement. The Dogecoin Foundation’s corporate arm, House of Doge, plans to assist 21Shares with marketing the fund. 21Shares said Coinbase Custody would be the proposed custodian of its Dogecoin ETF but did not specify a fee, ticker or…

US Senate confirms Paul Atkins to lead SEC under Trump

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The US Senate has confirmed US President Donald Trump pick Paul Atkins as chair of the Securities and Exchange Commission in a 51-45 vote, with lawmakers largely voting along party lines. His appointment comes several months after Trump named Atkins to lead the commission late last year. Atkins previously served as an SEC commissioner between 2002 and 2008. He will take over from Mark Uyeda, who has served as the SEC’s acting chair since Jan. 20. ”We welcome Paul Atkins as the next Chairman of the SEC. A veteran of…