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The blockchain intelligence firm Santiment tweeted this morning that the price of Internet Computer (ICP) climbed back up to $6.50 recently. According to the tweet, the altcoin posted a strong price performance this weekend while most of the crypto market remained somewhat dormant. ICP social dominance (Source: Santiment) In addition to ICP’s strong price performance over the weekend, the altcoin also saw a spike in its social dominance. Santiment’s tweet added that ICP’s social dominance reached its highest level since its 2nd public month. According to the post, this was the main driving force behind ICP’s 8+% increase over the past couple of days. At press time, ICP’s price has pulled back slightly after achieving the $6.50 milestone. CoinMarketCap shows that ICP’s price is currently trading at around $6.42. Nevertheless, the altcoin’s price still printed a 24-hour gain of 2.47% against the U.S. Dollar. ICP’s price did not stop climbing once it reached $6.50 given

Also Read: PayPal’s Crypto Push: Over 60 Million Venmo Users Can Now Transfer Crypto advertisement Hence, what started with Silvergate is now seen similarly with the First Republic Bank. In this context, a popular crypto expert commented that the banking crisis has just about started, although based on American television personality Jim Cramer. The CNBC host faces flak for what appears to be an ‘inverse’ prediction on stocks. In fact, some of the stocks he was bullish on declined immediately and vice versa, so much so that an “inverse Jim Cramer” strategy is popular among trader communities. Banking Crisis Just Started? The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Based on this inverse Jim Cramer strategy, XRP lawyer John Deaton, who represents over 70,000 XRP token hold

Also Read: Coinbase Wells Notice Response Gets XRP Holders’ Ire; Here’s What Happened advertisement Mastercard Crypto Program Expanding The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad According to a Reuters report, the financial services company is set to expand its crypto payment card programme with more partnerships with crypto companies. This is a welcome move for the Crypto Market , as such big partnerships come at a crucial time when regulators in the United States enforce actions against crypto businesses. The report quoted Mastercard’s head of crypto and blockchain Raj Dhamodharan as saying, We have dozens of partners around the world who offer crypto card programmes and they continue to expand. Mastercard is “really quite enthusiastic” about the underlying blockchai

A federal judge in Texas has ordered the head of a South African firm to pay $3.4 billion in connection to a Bitcoin fraud case. Cornelius Johannes Steynberg has been asked to pay $1.7 billion in restitution to victims of the fraud scheme. Alongside, he’s supposed to pay $1.7 billion as a civil penalty. This case is CFTC’s “largest fraud scheme” ever involving Bitcoin. The CFTC  formally charged Steynberg in July 2022. According to the Commission, his firm Mirror Trading received Bitcoin online from thousands of people. This was done so to operate a commodity pool. The firm purportedly traded off-exchange, retail foreign currency with ineligible trade participants, according to the regulator. The CFTC labeled this to be an “international fraudulent multilevel marketing scheme.” Additionally, the agency claimed that MTI and Stynberg controlled the commodity pool. However, the defendants “falsely claimed” that there was a proprietary “bot” or software program involved. Sty

After enduring a gruesome week with Bitcoin’s pullback to $27,500, crypto investors now face another uphill task—to hold prices steady. The most prominent cryptocurrency trades at $29,000 on Thursday after a bullish comeback on Wednesday. ETH, the token powering the largest smart contracts platform, Ethereum is also in the green, up 2% to exchange hands at $1,900. Crypto Market Overview Despite BTC and ETH’s mid-week uptick, the majority of altcoins are stuck in the red and lagging in their recovery except for these selected four, Render Token (RNDR), Nexo (NEXO), Casper (CSPR), and MultiverseX (EGLD), passing as the top crypto gainers today, April 27. The sudden Bitcoin price bounce back above $29,000 comes amid growing concerns for the banking sector in the United States. Regulators and politicians alike are concerned about a heightened capital flight from the country’s community banks to giant banking institutions, posing a significant economic threat to common Americans. While

According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths.  According to research from blockchain sleuths ZachXBT, one address, in particular, has allegedly launched “114 memecoin scams” in the past 45 days alone. In an April 26 Twitter thread, ZachXBT tracked the movements of the Wallet address: 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 , noting that “each time stolen funds from the scam are sent to the exact same deposit address.” “I suspect there are more too. These are just ones sent to that deposit address lol,” ZachXBT added in response to a comment. Over the past 1.5 months one person has created 114 meme coin scams. Each time stolen funds from the scam are sent to the exact same deposit address. 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 pic.twitter.com/uwVAiG9WGG — ZachXBT (@zachxbt) April 26, 2023

Onchain analyst Look onchain shared details of an individual that has spent nearly 1 million USD to purchase PEPE Coin. According to the on-chain data, the user acquired 3.79 trillion PEPE with 422 ETH and 100K USDC. This guy spent nearly 1 million USD buying $PEPE, becoming the 10th holder of $PEPE. He bought 3.79T $PEPE with 422 $ETH($871K) and 100K $USDC at an average price of $0.0000002563 from Apr 19 to Apr 22. Could he sell all $PEPE without losing money?https://t.co/wL35pEMtoT pic.twitter.com/MiJ28ezczD — Lookonchain (@lookonchain) April 26, 2023 The purchase was made from April 19 to April 2022 for an average price of $0.0000002563. This fleet of purchases has also made the user the tenth-largest holder of PEPE. During its initial days, PEPE gained significant attention due to a noteworthy transaction that drew the interest of the cryptocurrency community on Twitter. A meme coin trader traded 0.125 ETH, which was valued at approximately $250, for 5.9 tril

The Agenda podcast chats with DarkFi to explore how Rojava is experimenting with cryptocurrency and why encryption and anonymous spaces are critical for building self-autonomy. In the mid-2010s, the Islamic State was rapidly advancing through Iraq and Syria, conquering territory and terrifying residents. However, one group of Kurds in Northern Syria representing the de facto autonomous Democratic Federation of Northern Syria, in an area known as Rojava, successfully fought back the Islamic State and captured the attention of the world. Many people from around the world went to Rojava to fight, but one lesser-known story made ripples in the crypto world: Some volunteers traveled there to help build blockchain and technological literacy and experiment with the potential of cryptocurrencies like Bitcoin (BTC) to serve as a tool for revolutionary change. After all, Rojava promotes decentralization, autonomy and self-empowerment — sound familiar? On Episode 10 of The Agenda , hosts Ray Sal

Join Our Telegram channel to stay up to date on breaking news coverage 3M has become one of the corporate firms impacted by the turbulent economic period as it announced significant layoffs due to the recession and a slump in demand for goods. 6,000 Workers Set to be Discharged Layoffs have been the most frequent event in the corporate world in 2023, spearheaded by popular firms such as Google, Spotify, Microsoft, and many more. However, the cutbacks are now permeating the United States’ business corners. After a previous discharge of 2,500 manufacturing jobs in January 2023, 3M has today announced its plans to cut off 6,000 staff in its global offices. The manufacturing behemoth behind some consumer brands, including Post-It Notes and Scotch Tape, said it would lay off 6,000 staff around the world https://t.co/QLM4ZLeQwm — CNN International (@cnni) April 25, 2023 3M is a renowned American-based manufacturing company that produces various utility products such as abrasiv

Terraform Labs co -founder Shin Hyun-Seong aka Daniel Shin has reportedly been indicted by prosecutors in South Korea. The indictment comes just a day after the Seoul Southern District Court dismissed securities violation charges that were filed against Shin by local prosecutors for his role in the collapse of Terra last year. According to a report by Reuters, Daniel Shin was indicted for multiple charges including fraud, illegal trading, and violation of the capital markets law. In a press briefing earlier today, the Seoul Southern District Prosecutors’ Office revealed that it has frozen assets worth 246.8 billion won ($187.7 million) in connection with the case. All of the charged individuals are directly linked to Terraform Labs. These people reportedly held different roles at the firm including marketing, systems development, and management. The South Korean officials further revealed that the charged individuals took 463 billion won in profit before the firm collapsed

From Mid-April, the crypto market witnessed a significant sell-off which initiated a correction phase in the majority of major cryptocurrencies. This retracement was triggered when the Leading cryptocurrency Bitcoin failed to sustain above the $30000 price level. Anyhow, with the overall market trend bullish, interested traders can refer to the following coins as they show a strong chart setup to undermine the bearish momentum in the near future. advertisement Binance coin(BNB) Source- Tradingview  In the weekly time frame chart, the Binance coin price shows the formation of a symmetrical triangle pattern. Under the influence of this pattern, the asset price resonated between two converging trendlines showcasing a steady sideways trend. The coin price coiling narrow within the triangle is bound to break either of the given trendlines and trigger a direction rally. As of now, the BNB price trades at $329.8 with an intraday loss of 0.2