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global cryptocurrency news

global cryptocurrency news

Global cryptocurrency news

Market analysts have sounded alarms regarding Bitcoin’s technical structure. If Bitcoin breaks below the crucial support level of $73,745, analysts expect the coin to fall to the $55,000–$57,000 range https://popsmokemerchshop.com/. Despite temporary rebounds, experts warn that this recent show of strength could be short-lived if macroeconomic pressures persist.

SAB 122 intends to benefit the crypto industry, as it reduces the complexity of digital asset accounting for SEC-reporting companies and makes it easier for banks to offer digital asset custody services.

The midpoint suggests a strong bullish trend, driven by ongoing institutional adoption and broader acceptance. Bitcoin’s potential to exceed previous highs remains robust, contingent on sustained market momentum in $BTC.

The total incentives budget is $24M over six months, with $5M worth of UNI tokens to be distributed during the first three months. Rewards are being offered to users who provide liquidity to pools featuring assets like ETH, WBTC, USDC, and others. According to the DAO proposal, the initial three-month goals were to reach $750M in TVL and $11B in cumulative swap volume on Unichain. The TVL target has already been surpassed, and the volume target is close, with Unichain’s cumulative DEX volume now exceeding $8B.

latest news global cryptocurrency stock market may 1 2025

Latest news global cryptocurrency stock market may 1 2025

© Copyright 2025 Cherry Bekaert. All Rights Reserved. “Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide tax and advisory services.

The proposed GENIUS Act (Generating Equity for National Economic Support to Increase Stability) is proposed federal legislation establishing a comprehensive regulatory framework for pegged stablecoins issued by federal regulated entities. This legislation marks a significant step toward formalizing regulatory oversight of stablecoin issuers who will be expected to maintain 1:1 reserve backing, submit to independent audits, and provide transparent, verifiable proof-of-reserve reporting. These requirements echo the standards long established in traditional financial reporting and assurance, signaling a clear convergence between digital assets and regulated and traditional finance.

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global news cryptocurrency

© Copyright 2025 Cherry Bekaert. All Rights Reserved. “Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide tax and advisory services.

The proposed GENIUS Act (Generating Equity for National Economic Support to Increase Stability) is proposed federal legislation establishing a comprehensive regulatory framework for pegged stablecoins issued by federal regulated entities. This legislation marks a significant step toward formalizing regulatory oversight of stablecoin issuers who will be expected to maintain 1:1 reserve backing, submit to independent audits, and provide transparent, verifiable proof-of-reserve reporting. These requirements echo the standards long established in traditional financial reporting and assurance, signaling a clear convergence between digital assets and regulated and traditional finance.

Global news cryptocurrency

Bybit’s CEO says the hacker got hold of the private keys to a specific ETH cold wallet and transferred the funds to an unknown address. Top blockchain analytics groups like ZachXBT and Arkham Intelligence have verified these massive outflows, with Arkham noting that the stolen funds are now being split and sold through multiple addresses.

The service operates on a contract basis, with users selecting mining packages for specific durations. STGEnergy manages all technical aspects including hardware maintenance, electricity costs, and cooling systems. The company reports that earnings are calculated and settled every 24 hours, with the initial investment returned upon contract completion.

At the time of writing, we estimate that there are more than 2 million pairs being traded, made up of coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. This process controls how many of the cryptocurrencies from the global market are represented on our site.

By now you’ve probably heard of the staggering blow to crypto exchange Bybit, as they confirmed a massive $1.4 billion exploit, making it the largest crypto hack on recordWe’re now learning some additional details – according to Bybit CEO Ben Zhou, the attacker compromised one of the exchange’s Ethereum cold wallets, siphoning off huge quantities of ETH and stETH by manipulating a single transaction.

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