Crypto News

It’s not just Bitcoin and other digital coins that were down Thursday—major U.S.miners were struggling, too.Source link

This content is provided by a sponsor. PRESS RELEASE. The influencer industry’s about to anoint its official currency, and Influencer Pepe (INPEPE) is stepping into the spotlight with swagger. Its presale is live at an eye-poppingly low $0.0000001781 per token—a price that’s a fleeting steal, destined to climb through 60 stages as the presale progresses.Source link

Illinois will soon drop its staking lawsuit against Coinbase, joining three other U.S. states that have recently backed down from litigation against the exchange.A spokesperson for Illinois Secretary of State Alexi Giannoulias told CoinDesk on Thursday that the office “intends to drop the Coinbase lawsuit.” The spokesperson did not reply when asked when the case may be dropped.Illinois was one of 10 U.S. states that brought charges against Coinbase in 2023 for allegedly violating state securities laws through its staking program. The U.S. Securities and Exchange Commission (SEC) also charged Coinbase with violating federal securities laws for its staking product, but dropped that suit in February. Since the SEC’s retreat, state securities regulators in Kentucky, Vermont and South Carolina have...

Recent Price Action Shows Signs of RecoveryIn the last 100 minutes of trading, DOGE has demonstrated a notable recovery pattern, climbing from a local bottom of $0.156 to stabilize around $0.158. The price action shows an apparent V-shaped recovery with significant volume spikes (16-21 million) during the bottoming process around 14:50-14:52, indicating strong buyer interest at support levels. The $0.158-$0.159 zone has emerged as immediate potential resistance, with multiple tests showing decreasing selling pressure. This recovery aligns with the 38.2% Fibonacci retracement level from the recent decline, suggesting potential continuation toward the 50% retracement at $0.160 if current momentum persists.Dogecoin Technical IndicatorsPrice Range: DOGE traded between $0.179–$0.156, representing a 12.7% swing.Volatility: 48-hour annualized volatility reached 86.3%, significantly above market norms.Support/Resistance:...

One of the largest pedophile platforms in the world has been shut down after an international investigation, with crypto widely used as a payment method for images of child sexual abuse. "Kidflix" resembled a streaming service—and according to Europol, 1.8 million users worldwide had logged on to the site between April 2022 and March ofSource link