A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities. In an April 29 hearing of the High Court of Karnataka, Justice M Nagaprasanna ordered the government to “block forthwith” domain names associated with Proton Mail, citing authority under the country’s Information…
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The US Securities and Exchange Commission (SEC) has postponed deciding on whether to greenlight two proposed cryptocurrency exchange-traded funds (ETFs) holding Dogecoin and XRP, filings show. The US regulator has delayed its deadline for ruling on the proposed ETF listings until June, according to two filings reviewed by Cointelegraph. The filings were responses to March…
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Key takeaways: Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals. In three separate 7-week periods, Bitcoin rose 50% to 84%. Upcoming speeches from Fed Chair Jerome Powell could benefit Bitcoin price. Bitcoin (BTC) price rallies are frequently linked to investors’ inflation concerns or data that surpasses…
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Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide. The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering enabling its users to invest in over 300 cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL). Starting April 29, Bunq users in…
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The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show. The move follows 21Shares’ April 10 filing of its initial proposal to launch its Dogecoin ETF, shortly after similar applications from rivals Bitwise and Grayscale. The asset manager has also…
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The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.” In an April 29 notice, the UK government announced draft rules for cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), that would bring “crypto exchanges, dealers and agents” in line with…
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Key points: Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.” “Hot supply” has doubled in just five weeks versus local lows in March. Active address numbers have yet to mimic a classic bull market comeback. Bitcoin (BTC) short-term holders (STHs) are back in the game as a…
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Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store stablecoins. Crypto compliance firms typically score crypto wallet addresses based on their likelihood of…
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The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO…
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The first 100 days of the administration of US President Donald Trump have deeply impacted the crypto industry, starting with his own memecoin and culminating in a Bitcoin reserve and a spate of blockchain policymaking. Trump’s trade war with the entire world has had the largest short-term impact on crypto markets, as crypto prices have…
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