Crypto

7 Posts
Coindesk
Coindesk
· May 5

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Shiba Inu (SHIB) experienced a 7.4% decline, testing a critical support level at $0.0000127 after significant selloffs in early May. Despite volatility, institutional interest is growing, with 109 new millionaire SHIB wallets added in April 2025, totaling 860 millionaire addresses. Futures open interest nearly doubled in April, indicating cautiously optimistic...
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SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously OptimisticImage Credit: coindesk
Crypto
Technext24
Technext24
· May 5

SEC flags new crypto exchange

The U.S. Securities and Exchange Commission (SEC) has raised concerns about a newly launched cryptocurrency exchange. The SEC’s scrutiny highlights regulatory challenges that new crypto platforms face in ensuring compliance with financial laws. The flagged exchange is under review for potential violations related to investor protection and transparency. This development...
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SEC flags new crypto exchangeImage Credit: technext24
Business
Cointelegraph
Cointelegraph
· May 2

EU to ban anonymous crypto accounts and privacy coins by 2027

The European Union will ban anonymous cryptocurrency accounts and privacy-preserving tokens such as Monero and Zcash starting in 2027 under new Anti-Money Laundering Regulation (AMLR). Credit institutions, financial institutions, and crypto-asset service providers (CASPs) will be prohibited from maintaining anonymous accounts. CASPs operating in six or more EU member states...
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EU to ban anonymous crypto accounts and privacy coins by 2027Image Credit: cointelegraph
Business