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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The recent crypto market downturn triggered a sharp decline in the Dogecoin price that saw it erase its gains from prior days. However, this move has also exposed a critical level that the cryptocurrency must hold if there is to be any hope of a recovery. As with any critical support level, holding above it with momentum has its upsides, but also, breaking below it could have some dire consequences for Dogecoin holders, who are already seeing a lot of losses. Why Dogecoin Price Must Hold $0.15…
Zcash (ZEC) trades at $676.64 as of press time, marking its highest valuation since January 2018. The privacy-focused cryptocurrency posted a 26% gain in the past 24 hours and a 1,486% surge over the past three months.The token now ranks as the 18th-largest cryptocurrency by market capitalization, at $11.2 billion, positioning it near Hyperliquid and above established networks, including Sui, Avalanche, and Litecoin.Since Oct. 1, Zcash jumped from $74.30 to an intraday high of $750 on Nov. 7, representing a more than 10-fold price increase.Jake Kennis, analyst at Nansen, explained the movement in a note:“There is certainly speculation beyond the…
In brief Cardsmiths released its latest Currency trading card set, with five cards letting the recipient redeem a full Bitcoin. Cards are sold via select retailers and the Cardsmiths website for as little as $37 for a 2-pack. Multiple users have pulled 1 BTC redemption cards, netting greater than $100,000 in crypto from packs as cheap as $13. After multiple collectors pulled Bitcoin redemption cards from previous sets, trading card manufacturer Cardsmiths released its latest Currency Series set with five cards that are redeemable for 1 full Bitcoin apiece—more than $100,000 each as of this writing.Currency Series 5 went up…
Samourai Wallet cofounder Keonne Rodriguez received the maximum sentence this week of five years in prison for writing code. As a developer sits in a jail cell for building privacy tools, many in the Bitcoin community, including Max Keiser, are pushing for a full pardon.Crypto crackdown: Beyond campaign promisesDonald Trump vowed during his campaign to put an end to the crackdown on crypto. To a certain extent, he’s been true to his word. Since he’s been in office, he’s pardoned Silk Road founder Ross Ulbricht, Binance’s founder Changpeng “CZ” Zhao, and issued a flurry of executive orders, such as the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure American bankers are urging the US Treasury Department to enforce the prohibition on interest for payment stablecoins in the GENIUS Act. In response, cryptocurrency exchange Coinbase, has called on the Treasury to ensure that the forthcoming regulations align with Congress’s original intentions regarding the act. Coinbase Pushes Back On GENIUS Act’s Interest Restrictions According to the bill, signed by President Trump back in July, “No permitted payment stablecoin issuer or foreign payment stablecoin issuer shall pay the holder of any payment stablecoin any form of interest or…