Movement Kurs MOVE

$BTC only a clear flip of 87500 will be a bullish signal for $BTC in the next couple of days I'm expecting choppy PA no strong move till weekly open $giza $fsr #titcoin $pwease $bubb $quq $chigma $patlu $tat $drb

The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens. This move reverses the August 2022 sanctions imposed by the Office of Foreign Assets Control, which had accused the platform of facilitating money laundering activities, including transactions linked to North Korea’s Lazarus Group . Tornado Cash, launched in 2019, is an Ethereum-based protocol that enhances transaction privacy by allowing users to obfuscate the origins and destinations of their cryptocurrency transfers. While this service caters to individuals seeking financial privacy, it has also been exploited by malicious actors to launder illicit funds. The Treasury Department had alleged that Tornado Cash was used to launder over $7 billion in virtual currency, including $455 million stolen by the Lazarus Group. Treasury Secretary Scott Bessent commented on the decision, stating, “Digital assets present enormous opportunities for innovation and value creation for the American people. Securing the digital asset industry from abuse by North Korea and other illicit actors is essential to establishing U.S. leadership and ensuring that the American people can benefit from financial innovation and inclusion.” Critics argued that sanctioning open-source software infringed upon free speech and technological innovation. In response, a group of Tornado Cash users, supported by cryptocurrency exchange Coinbase, filed a lawsuit challenging the sanctions. In November 2024, a federal appeals court ruled in favor of the plaintiffs, stating that the Treasury had overstepped its authority. The court emphasized that Tornado Cash’s immutable smart contracts did not qualify as “property” under federal law, thereby falling outside the scope of the International Emergency Economic Powers Act. Judge Don Willett noted that while the technology could be misused , it was the role of Congress, not the courts, to amend relevant laws.

Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin’s reserves. According to Paolo Ardoino, the chief executive officer of Tether, the company is “engaging” one of the top accounting firm in the world with a view to getting its Tether ( USDT ) reserves audited. Reuters highlighted this development in a report published on Friday, March 21, 2025. Per the report, Ardoino sees the crypto regulatory environment under U.S. President Donald Trump as a positive development for the industry. Getting a Big Four auditor – the global professional services firms Deloitte, EY, formerly Ernst & Young, PricewaterhouseCoopers and KPMG – to audit Tether’s USDT reserves is possible in the US under Trump, Ardoino noted. Controversy has surrounded Tether and its reserves since the company’s unveiling of the stablecoin in 2014. The company has weathered most of the criticism since, emerging as one of the most important crypto projects in the market. So far, Tether has issued over $140 billion USDT, stating in various attestation reports that every dollar-pegged token is backed 1:1. But many have pointed to what they call a lack of transparency. Given the latest regulatory developments including in the U.S., having one of the top accounting and consulting firms take up Tether’s reserves audit may be a huge step forward for the company. “It’s our top priority,” the Tether exec said. “Now we are living in a landscape where it’s actually feasible.” While Ardoino notes this move is in the pipeline, he did not disclose any specifics with regard to who the stablecoin issuer is talking to, or when the audit may happen. Reports that Tether is looking to engage a Big Four accounting firm to verify USDT reserves comes as the U.S. heads towards a stablecoin regulation bill. Earlier in the week, in an address at the Digital Asset Summit in New York, President Trump urged Congress to pass the stablecoin legislation. Meanwhile, Tether recently appointed Simon McWilliams as its chief financial officer. As CFO, McWilliams’ role includes heading Tether’s effort to have a full financial audit.

$PNUT analysis: The price is currently testing the resistance area. Let's see if it can break above this level. If it faces rejection here, we could see a move back towards the support line. Conversely, a breakout would likely lead to a significant rally, pushing the price towards the major resistance area. Support Area: $0.160-$0.1640 Resistance Area: $0.1750-$0.1800 Major Resistance Area: $0.2145-$0.2180

Digital token launchpad Pump.fun has launched its own native decentralized exchange (DEX), PumpSwap, on the Solana blockchain by the name of PumpSwap . The move comes after the platform saw its revenue drop by nearly 60% in the last month. According to reports, Pump.fun’s new DEX will eliminate the existing migration process in the previous system and discard the associated 6 SOL fee. Tokens launched on Pump.fun will now be immediately available for trading upon completion of their bonding curve, without the need for establishing a separate liquidity pool on Raydium. Pump.fun announced the innovation in its latest post on X, highlighting the deliverables of the new product. According to the announcement, the DEX will enable instant migrations, zero fees, increased liquidity, and a revenue-sharing feature. Related: Pump.fun in Freefall? Solana Token Platform Sees Graduations Plummet It is crucial to note that the newly launched DEX shares a few similarities with the Raydium V4 and Uniswap V2 decentralized solutions through its Constant Product AMM. The Pump.fun team highlighted that this new infrastructure will enable users to freely create and contribute to liquidity pools, as well as trade any token listed on the PumpSwap exchange. The core rationale behind PumpSwap’s creation is to achieve a frictionless environment for trading coins. Pump.fun acknowledged that the prior migration system introduced friction, potentially impeding the momentum of new tokens and adding unnecessary complexities for users. The new system aims to resolve these issues by providing instant and cost-free migrations. Related: Pump.fun Token Graduation Rate Plunge: Is the Platform in Trouble? In the meantime, Pump.fun noted that it is creating a more sustainable ecosystem besides the newly launched DEX. According to the project, the DEX will incorporate a revenue-sharing model for token creators, potentially distributing millions of dollars to these participants and their communities, thereby incentivizing the launch of higher-quality projects. Regarding transaction costs, PumpSwap’s fee structure is competitive. Each trade executed on the DEX will incur a fee of 0.25%. Of this, 0.20% will be allocated to liquidity providers, and the remaining 0.05% will be retained by the protocol. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.