What’s Happening In Crypto Today? Daily Crypto News Digest

In crypto news today:

Why is crypto down today?

Anchorage Digital Launching Crypto Settlement Network

260,000 Users and 250M NFT Mints Expected from SKALE-Virtualness Partnerships

Fake Bomber Sentenced to Three Years of Probation
Why is crypto down today?

The global cryptocurrency market capitalization today stands at $2.43 trillion. It is a 3.2% decrease over the past 24 hours, according to CoinGecko.



Among the top 100 coins per market cap, only five have seen their prices increase.

Ribbon Finance (RBN) is leading this list. It’s up 23% to $1.14.

WhiteBIT Coin (WBT), Lido DAO (LDO), Kaspa (KAS), and Bitget Token (BGB) are also on this green list.

On the other hand, CORE’s price fell the most: 10.5% to $2.

PEPE and FLOKI are down nearly 10%.

As for the top 10 coins per market cap, they are all red today.

Source: CoinGecko

The highest drop here is Solana (SOL)’s drop of 6.2% to $134.84.

Toncoin (TON)’s fall of nearly 6% to $5.24 is next, followed by Dogecoin (DOGE)’s 5.8% decrease to $0.1414.

Bitcoin (BTC) declined by 2.6%, currently trading at $62,255, while Ethereum (ETH) went down 4.1%, changing hands at $3,182.

Meanwhile, Ethereum gas fees saw a significant drop to $1.12 – their lowest levels in six months. 

Analysts from crypto analytics platform Santiment suggest that this decline could be a signal for an upcoming altcoin rally.

Also, Australia’s main market operator, ASX, is on track to greenlight the country’s first spot-based Bitcoin ETFs by the end of 2024. 

A spokesperson told Cryptonews that the operator is discussing crypto-based ETFs with “a number of” interested issuers.#write2earn🌐💹

queensland Police have taken action against an alleged crypto investment fraud operating on the Gold Coast, resulting in the arrest and charging of four individuals. 

The investigation, led by the Financial and Cyber Crime Group Money Laundering Unit, began in July 2022, according to a report from Australian news outlet 9News. 

The search focused on companies including Crypto Advisers Australia, Strategic Capital, Active Marketing Solutions, and Alternative Capital, which were suspected of engaging in fraud and money laundering activities.

Police Apprehend Two Men and Two Women 

The breakthrough in the case came on March 11 and 12, when police apprehended two men and two women tied to the scam.

Prior to the arrests, search warrants were executed at multiple locations across the Gold Coast. 

Following a thorough investigation, a 46-year-old man from North Brisbane was charged with four counts of fraud and one count of knowingly participating in money laundering. 



He made his initial appearance at Brisbane Magistrates Court on March 25 and is expected to return on May 27.

Additionally, a 36-year-old man from the Gold Coast, along with two women aged 37 and 63, were each charged with one count of money laundering. 

All three individuals are scheduled to appear before Southport Magistrates Court on April 29

According to authorities, the group orchestrated a Ponzi scheme, defrauding approximately 30 victims between 2018 and 2021. 

The scam relied in part on cold calls to unsuspecting individuals. 

Police claim that the perpetrators laundered over $1.5 million through various means, including cryptocurrencies, precious metals, luxury vehicles, and real estate, in an attempt to conceal the illicit origins of the funds.

“People should seek professional advice from a registered financial planner to understand the legitimacy of the investment, what their expected returns are, and the risk involved,” Detective Acting Inspector Steve Paskin. #write2earn🌐💹

Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains

Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.

The company is starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains, according to a report from TechCrunch. 

The news of Stripe’s reentry into crypto payments was unveiled by the company’s co-founder and president, John Collison, at the Connect developer conference held in San Francisco. 

Collison emphasized the improved stability and user experience that stablecoins offer.

Stripe’s history with cryptocurrency has been a delicate dance, balancing its disruptive fintech roots with the need for stability. 

The company has always sought to be at the forefront of discussions surrounding blockchain-based technologies and their impact on financial services. 

However, it has also been cautious not to compromise its position as a reliable and responsible financial powerhouse. 

Stripe processed a staggering $1 trillion in transactions last year and continues to grow, with a current valuation of $65 billion.

In 2014, Stripe dipped its toes into the world of cryptocurrency with tests involving Bitcoin, the pioneering digital currency. 

However, in 2018, the company decided to halt its support for Bitcoin due to its volatility and lack of suitability as a means of exchange. 

Stripe acknowledged that Bitcoin had become more of an asset than a practical form of payment.

Stripe’s relationship with cryptocurrency took another turn in June 2019 when it became a founding member of the Libra project spearheaded by Facebook. 

However, within a few months, Stripe, along with other prominent companies, withdrew its support for Libra, citing a continued interest in projects that promote accessible online commerce worldwide but expressing openness to collaborating with the Libra Association in the future.#write2earn🌐💹

Armenian Officials Trained on Essential Techniques and Tools for Effective Crypto-Crime Investigations

A group of Armenian officials from various law enforcement agencies have been trained on crypto-asset investigations to combat crypto-related crimes.

The training was conducted by the Office of the Co-ordinator of OSCE Economic and Environmental Activities, in collaboration with the United Nations Office on Drugs and Crime (UNODC), the OSCE said in a Friday press release. 

The training, held in Yerevan from April 24 to 26, brought together 27 representatives from various law enforcement agencies.

Armenian Officials Learn Techniques for Crypto Investigation

Over the course of three days, participants immersed themselves in learning fundamental techniques and practical tools crucial for conducting effective investigations into crypto-crimes. 

“Drawing from real-world cases, sessions delved into basic methods for tracing criminal transactions across diverse blockchain networks,” per the announcement. 

The training also provided a platform for the exchange of good practices among the participants, who gained valuable insights into specialized analytics software and open-source tools relevant to the field. 
These tools empower investigators to trace transactions conducted on different blockchains, assess the risks associated with specific addresses and exposure to illicit funds, and identify clusters of various transactions, among other capabilities.

“In the ever-changing landscape of financial technology, it is crucial for Armenia to strengthen its domestic law enforcement capabilities, particularly in the realm of investigating and tracing virtual assets,” Kurban Babayev, economic adviser at, said. 
#write2earn🌐💹

WienerAI: The Only Sausage/Dog/AI Hybrid

To begin with, investors have probably never heard an origin story like this before. Like his predecessor, Scotty the AI, WienerAI arrives on the scene with a fully-formed backstory.

Wiener was born in a lab in New Silicon Valley, AD 2132. His progenitor is a mad puppy-loving scientist known as The Architect, whose life’s work was to create an advanced AI/canine hybrid.

Indeed, he succeeded, albeit with one caveat. The Architect was eating a sausage as he was performing the splicing procedure. The accidental result was WienerAI, a hybrid of the pup, AI, and sausage.

Now, the whitepaper mentions “companionship” and “friendship” as key parts of Wiener’s premise. It also mentions “The Sausage Army,” the endearing term for the legions of followers Wiener hopes to attract, so there are subtle hints at a strong social component.

He’s not the first crypto doge with an army, but he may be the best.
#write2earn🌐💹

SMOLE, BONK, HUMP, BOME, WIF Early Adopters Rushing to HOOT.COOL Hailed as the New Gem of Solana

With the Bitcoin halving completed, and all altcoins rallying back to new all-time high prices

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make your research before investing #write2earn🌐💹

Expect a surge in M&A activity following the bitcoin halving: SunnySide Digital CEO

Taras Kulyk, founder and CEO of SunnySide Digital, a wholesale distributor of data center and digital mining hardware and infrastructure, weighs in on what to expect following the upcoming bitcoin halving. He also explains how SunnySide Digital has been preparing for the key technical event.
#written2earn

Bitcoin’s next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market

KEY POINTS

The bitcoin halving coincided with a few other major launches on the blockchain, including cutting-edge programming innovations that are expected to draw more developers to the network.

For years, rival chains like ethereum and solana have competed with bitcoin on functionality because both have smart contracts natively built into the base chain.

Recent features added post-halving make DeFi on bitcoin at scale a reality, and coders are keying in on the opportunities as bitcoin’s market value surpasses $1.3 trillion.
$1.3 trillions

In the East Foothills of San Jose, California, 17 coders working for the popular ordinals marketplace maker, Magic Eden, piled into a 4-bedroom, 3,875 square-foot house rented on Airbnb. Their goal was to spend a week hacking to prepare for the so-called bitcoin halving — an event that is baked into the chain’s code and helps to stave off inflation through programmatic monetary policy.

A lot of the talk surrounding the halving, which happens roughly every four years, has been pegged to the fact that new issuance of the world’s largest virtual coin would be cut in half. But the block that locked in the halving also coincided with a couple other major launches on the blockchain, including cutting-edge programming innovations that are expected to draw both a lot more coders and a lot more venture capital dollars into the bitcoin ecosystem.

Also unlike past halving events, the world’s largest cryptocurrency touched a new all-time high above $73,000 in March as record flows entered the bitcoin ecosystem via the newly-launched spot bitcoin exchange-traded funds in the U.S.

“Bitcoin has never been healthier – what was missing previously was a vibrant developer ecosystem on top,” said Magic Eden’s co-founder and chief operating officer, Zedd Yin. #written2earn

$#ScamRiskWarning

SOL.CM=-10.17 (-6.93%)

ETH.CM=-37.99 (-1.20%)

BTC.CM=-1,521.55 (-2.35%)

CRYPTO WORLD

IRS’ criminal investigation chief says agency prepared for crypto tax crimes: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Guy Ficco, criminal investigation chief at the Internal Revenue Service, explains how your crypto holdings could affect your tax obligations.#write2earnonbinancesquare

$BTC #bitcoinhalving
The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25.

The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics.

Mechanically, the halving itself shouldn’t affect the price of bitcoin in the short term, but many investors are expecting big gains in the months ahead, based on the cryptocurrency’s performance after previous halvings. After the 2012, 2016 and 2020 halvings, the bitcoin price ran up about 93x, 30x and 8x, respectively, from its halving day price to its cycle top.

The event is a big test for mining companies, however.

“All else equal, the halving will cut industry revenues in half, triggering a wave of consolidation and business closures, while (hopefully) rationalizing the network hashrate and industry capex, which is ultimately good for the remaining operators,” JPMorgan analyst Reginald Smith said in a recent note to investors.

Hash rates are a measure of the computational power used to process transactions on the bitcoin network. The larger a miner’s hash rate, the greater of a revenue opportunity it has.

Mining stocks have been volatile in the days leading up to the event. Many are down by double digits for the year, after rallying between about 300% and 600% in 2023. Riot Platforms, for instance, is down about 41% in 2024 through Friday’s close, but it surged 356% in 2023.#written2earn