Global

Senator Cynthia Lummis of Wyoming, a prominent advocate for Bitcoin and cryptocurrency, has set the digital currency community abuzz with anticipation after teasing "big things" to come this week.

The U.S. government recently transferred a large sum of Bitcoin, worth millions of dollars, according to on-chain transaction data. This unexpected activity has ignited a firestorm of speculation regarding the government's stance on cryptocurrency.

Telegram, the encrypted messaging app, has hit a new milestone, reaching 950 million monthly active users according to an announcement by Pavel Durov, the platform's founder and CEO.

The allure of quick riches in the cryptocurrency world can be a double-edged sword. A recent example serves as a cautionary tale for memecoin enthusiasts. An anonymous investor gambled big on a memecoin inspired by US President Joe Biden – "Jeo Boden" (BODEN) – and lost millions in the process.

Grayscale, a leading cryptocurrency asset manager, sent the market buzzing with a recent $1 billion Ethereum transfer to Coinbase Prime.

Japan's leading cryptocurrency exchanges and blockchain companies are urging the government to reform crypto tax regulations. The Japan Blockchain Association (JBA), which includes major players like bitFlyer, believes the current system hinders investment and stifles innovation.