Crypto execs are worried about TRUMP meme coins

Australia sanctioned four North Korean cyber units, including Lazarus Group, over an estimated A$1.9 billion crypto theft spree in 2024 to disrupt weapons funding. The sanctions target groups linked to the Reconnaissance General Bureau, noting that the value stolen this year is 50% higher than in 2023. Separately, ASIC expanded oversight of “digital assets,” and…

Coinbase is reportedly preparing to launch its own prediction markets, powered by U.S.-based operator Kalshi, in a move that could expand the types of assets available on the exchange amid cooling investor interest in cryptocurrencies, according to reporting from Bloomberg and CNBC. The announcement is expected to come next week, coinciding with Coinbase’s “Coinbase System…

The US-UK trade deal lifted investor sentiment across digital assets. At the time of writing on Friday, DOGE was trading at approximately $0.206. Open Interest rose 18% to $2.17 billion, driven by long positions. Dogecoin (DOGE) surged 18% this week, reclaiming the $0.20 mark after breaking above key technical levels on Thursday. The rally follows…

Dogecoin, which Tesla CEO Elon Musk called his “fav cryptocurrency” back in 2019, could be making a comeback as a payment option on the electric vehicle maker’s website. Recall January 2022, when Tesla began accepting the meme token as a payment option for certain merchandise (i.e., apparel and accessories) in its online store. At some…

XRP has gained nearly 6% in the past week, trimming some of last month’s weakness. It’s still down in the three-month band, but the token remains up over 400% year-on-year — showing that the larger uptrend hasn’t been broken. Now, a small 7% move could be all it takes to unlock the next rally zone….

Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report, Russian oil companies and traders increasingly conduct transactions in bitcoin and crypto, allowing them to circumvent restrictions from Western nations. Sources…