News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Pi Network’s price steadies despite market turbulence, but concerns over inflation and scam allegations persist. With a $10 billion market cap and loyal fans, Pi remains a polarizing force in crypto.
Quick Take The SEC charged Sun and three of his companies — Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. — in March 2023. The lawyers looked to “jointly move to stay this case to allow the Parties to explore a potential resolution,” according to a filing. Sun is a major investor in the Trump-backed project, World Liberty Financial.
Quick Take The U.S. House Ways and Means Committee voted 26-16 during a hearing on Wednesday to overturn a controversial rule that requires “custodial brokers” to collect and report user data to the IRS. The resolution got some heat from Democrats, who say Republicans are trying to weaken the IRS.
Quick Take The price of bitcoin dropped to around $83,600 earlier tonight before rising back slightly to $84,738 at the time of writing. The bitcoin plunge was driven by the unwinding of basis trades, said an analyst of Presto Research.
- 01:20Helius CEO Responds to Cardano Founder’s Statement that "Ethereum Won't Survive 10 Years": Suggests Competing at 10% Before CriticizingOn April 25, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson’s statement that "Ethereum won't survive 10 years." Mert stated, "Although I don't like certain parts of ETH (not all), it is still not vaporware (only a concept without substance)," and suggested that Hoskinson should "compete with ETH on a single metric at 10% before criticizing ETH."
- 01:13BTC Breaks Through $94,000, Daily Increase of 1.09%According to market data, BTC has just broken through $94,000 and is currently priced at $94,297.20 per coin, with a daily increase of 1.09%.
- 01:05TRUMP Reaffirms No Token Unlocking During Dinner Event; Initial and Subsequent Unlocks Extended by 90 DaysJinse reported that the official TRUMP Meme Coin statement clarified that there is some misunderstanding among market participants about the "TRUMP Dinner" event. The threshold for participating in the TRUMP Dinner does not currently require an amount exceeding $300,000, and no tokens will be unlocked for sale during the event. The official explanation noted that the user "Sun" holds 1,176,803 TRUMP (valued at $14 million) and ranks first, while the 220th ranked "HAR" holds only 35.3 TRUMP (valued at $420). (Both have the qualification to attend the dinner based on the current rankings.) Furthermore, the TRUMP Meme Coin official reiterated that the tokens for both the initial unlock batch and the daily unlocks over the subsequent three months will be additionally locked for 90 days. These assets will remain locked throughout the entire ranking period. Previous reports stated that on April 18, TRUMP unlocked 40 million tokens, which accounted for 20% of the circulating supply and 4% of the total token supply.