Chris Murithi

United States

Contributor at Cryptopolitan

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Articles

Gold Surges Past $3,300 as Bitcoin Drops, Schiff Sparks Debate

1 week ago | cryptotale.org | Chris Murithi

Peter Schiff reignites the Bitcoin vs. gold debate as gold hits $3,300 and BTC drops 2.6%. Schiff reignited criticism of Bitcoin, calling it a risk asset compared to gold’s safe-haven role. Gold surges amid trade war fears, while Bitcoin struggles to break past technical resistance. In an unexpected move, gold has soared past $3,300, setting a new record as investors shift away from risk assets like tech stocks and Bitcoin.
OKX Expands to U.S. Market After $500M DOJ Settlement

1 week ago | cryptotale.org | Chris Murithi

OKX launches its crypto exchange and Web3 Wallet in the U.S., with its HQ in San Jose, California. The move follows a $500M DOJ settlement over unlicensed operations with U.S. crypto users. Roshan Robert, the U.S. CEO, will lead expansion amid OKX’s push for regulatory compliance. Crypto exchange OKX has officially launched in the United States, rolling out its centralized trading platform and a powerful multi-chain Web3 Wallet.
Golden Cross Ahead? Bitcoin Signals Major Trend Shift

1 week ago | cryptotale.org | Chris Murithi

Bitcoin may form a golden cross within 2–3 months, signaling a potential bullish trend reversal. On-chain data shows accumulation near $79K–$82K, highlighting strong support zones. Futures and spot prices are aligning, indicating rising market confidence and renewed participation. Bitcoin’s chart activity may soon flash a bullish reversal, according to analyst VirtualBacon. The trader highlighted a potential golden cross forming within the next two to three months.
U.S. Should Build Bitcoin Reserve to Stay Competitive: Bo Hines

1 week ago | cryptotale.org | Chris Murithi

Bo Hines proposes a U.S. Bitcoin reserve using tariff revenue and gold revaluation strategies. The reserve aims to boost America’s crypto leadership without using taxpayer funds. A strategic report on digital assets and Bitcoin policy is expected by late July or August. Bo Hines, the Executive Director of the U.S. Presidential Digital Asset Advisory Committee, is urging swift government action to build a national Bitcoin reserve.
NFT Crash Deepens: Whale Dumps Punk, $13M IRS Case Unfolds

1 week ago | cryptotale.org | Chris Murithi

A whale sold CryptoPunk for $6M, incurring a $9.7M loss due to Ethereum’s price drop. NFT volumes fell over 50%, with CryptoPunks’ floor price falling over 60% from its peak. Another CryptoPunk holder pleaded guilty to $13M in tax evasion, facing up to 6 years in prison. A high-profile crypto investor just offloaded one of the most valuable CryptoPunks ever—and did so at a massive loss. The transaction reflects the ongoing decline in the NFT market and Ethereum’s price.
Helium Wins Big: SEC Drops Securities Case Against Nova Labs

1 week ago | cryptotale.org | Chris Murithi

The SEC has dismissed its lawsuit against Nova Labs, ruling Helium’s tokens are not securities. Helium’s HNT, IOT, and MOBILE tokens are now legally cleared for distribution under U.S. law. The case marks a major win for DePIN projects using crypto to build real-world infrastructure. Helium’s long legal battle with U.S. regulators has come to an end. On April 10, the SEC officially dismissed its lawsuit against Nova Labs, the team behind the Helium Network.
Historic Win: Trump Signs First Ever Crypto Bill into Law

1 week ago | cryptotale.org | Chris Murithi

Trump signed the first-ever U.S. crypto bill, repealing the IRS DeFi broker reporting rule. The bipartisan repeal removes tax rules DeFi platforms couldn’t technically comply with. The new law boosts U.S. crypto innovation by removing barriers and protecting user privacy. President Donald Trump has signed the first crypto-related bill in U.S. history, overturning a controversial IRS rule targeting decentralized finance.
Congress Probes LIBRA Memecoin Tied to Argentina’s President

2 weeks ago | cryptotale.org | Chris Murithi

Argentina’s Congress approved a probe into the LIBRA memecoin tied to President Javier Milei. Lawmakers will summon top officials and request details from the executive about the token. LIBRA crashed, leaving $250M in losses, sparking legal action and political backlash. Argentina’s ongoing crypto saga has taken a dramatic turn. On Tuesday, Congress voted to launch a formal investigation into the LIBRA memecoin.
Galaxy Digital Eyes Nasdaq Listing After SEC Greenlight

2 weeks ago | cryptotale.org | Chris Murithi

Galaxy Digital receives SEC approval, clearing the way for Nasdaq listing after May vote. Shareholders to vote on May 9 regarding Galaxy’s reorganization from Cayman to Delaware. Galaxy plans dual listings on the Nasdaq and the Toronto Stock Exchange after approval.
Bitcoin Triggered Black Monday Before Wall Street Opened

2 weeks ago | cryptotale.org | Chris Murithi

Bitcoin and Ethereum led crypto crash ahead of Wall Street’s Black Monday fears. Trump’s tariff policy fueled fears, sparking a sharp sell-off across all asset classes. Crypto liquidations crossed $1B as BTC fell 6.3% and Ethereum dropped nearly 15% in one day. Before Wall Street rang its opening bell, Bitcoin had already taken the first punch. Over the weekend, the crypto market turned red. Bitcoin dropped early, followed by Ethereum and other digital assets.