Just a fortnight following the Insolvency Service's successful petition for a winding-up order against Amey's company in the UK High Court on April 30th, this development emerges.
Since April 1st, nearly half of the one million new tokens introduced have been memecoins developed on the Solana network.
In response to the hype, opportunistic crypto developers created numerous meme coins on different blockchains alongside common stocks.
Pepe coin continues to captivate smart money traders, remaining a prominent trend as 250.5 billion PEPE tokens were traded while the token's price surged to a new all-time high of $0.00001097.
Bitcoin's value has begun to decrease, undoing earlier increases, as recent macroeconomic indicators suggest that broader economic factors are currently the primary influences. With the Producer Price Index (PPI), Consumer Price Index (CPI), and a speech from Federal Reserve Chair Jerome Powell slated for this week, it's anticipated that Bitcoin's value will continue to face downward pressure and encounter fluctuations.
President Joe Biden has directed a Chinese-owned cryptocurrency mining company and its associates to divest from land holdings adjacent to a US nuclear missile base due to espionage apprehensions.
The forthcoming UK election appears to be leaning towards Labour, but it's unlikely to alter the Conservative Party's ongoing efforts regarding crypto legislation.
Kenya's President William Ruto is seeking to establish a regulatory framework for cryptocurrency, with assistance from Marathon.
Over the past decade, wallets have seen an extraordinary surge of 50,000%, demonstrating the significant growth and enduring promise of Bitcoin.
Derivatives trading volume on the largest exchanges experienced a 1.4% decline month-on-month in April. Conversely, futures trading volumes on Binance, the leading centralized exchange (CEX), surged by over 72% from March to April.