Global #cryptocurrency

This Friday, the U.S. Roman Storm, the developer of Tornado Cash, asked the Department of Justice to drop the criminal accusations against him.

Exchange-traded funds (ETFs) exposed to Bitcoin or other cryptocurrencies will not receive any collateral from the Depository Trust and Clearing Corporation (DTCC), a financial services provider that handles clearing and settlement for the financial markets.

Following the Bitcoin halving incident, memecoins are increasing in value. The market was drawn to cryptocurrency traders by Pepe Coin, a well-known meme cryptocurrency. The surge in the value of Pepe coin (PEPE) has attracted the attention of cryptocurrency investors.

Popular blockchain tracker Whale Alert has revealed a noteworthy transfer of 20.28 million XRP tokens from well-known exchange Binance to an unidentified wallet. The tokens were valued at roughly $10.6 million at the time of transfer.

The cryptocurrency market has seen a significant change as well-funded investors, known as "whales," keep acquiring Bitcoin (BTC), pushing its price to all-time highs. Notably, a well-known Bitcoin whale has amassed 4,380 BTC in the last month, suggesting hope for an impending market recovery.

The head of Andreessen Horowitz (a16z), a venture capital firm based in the United States, compared the current memecoin craze to a “risky casino.”