Ronak Kumar

Ahmedabad

Content writer at The Crypto Times

Management Trainee - Accounts Payable at Welspun Transformation Services Limited

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Articles

Bitcoin May Suffer If Trump Fires Powell, Warns Pompliano

5 days ago | cryptotimes.io | Ronak Kumar

Crypto investor Anthony Pompliano has warned that firing U.S. Federal Reserve Chair Jerome Powell could set a dangerous precedent—especially for crypto and Bitcoin investors. In a video posted on X, Pompliano responded to Donald Trump’s April 17 post on Truth Social, where the former U.S. President said, “Powell’s termination cannot come fast enough!” Trump accused Powell of being too slow in cutting interest rates. Why is the price of bitcoin flat? Should Trump fire Jerome Powell?
XRP Price Set for July Surge, Historical Data Backs It

5 days ago | cryptotimes.io | Ronak Kumar

XRP’s price may be on the brink of a bullish rally, according to historical data and crypto analysts. Over the past five years, XRP has seen strong gains each July, making it a potential breakout month for the altcoin. While the market has been largely bearish, particularly between April and June, July has stood out as a month of significant growth for XRP, with double-digit gains recorded in four of those years.
Canary Capital Files for First-Ever TRX Spot ETF With SEC

5 days ago | cryptotimes.io | Ronak Kumar

U.S. asset manager Canary Capital has filed to launch a new exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), focused on the Tron blockchain’s native token, TRX. According to regulatory filings, the ETF will hold spot TRX and stake a portion of the tokens to generate extra yield. This move makes Canary’s proposal one of the first in the U.S. to seek approval for staking in its initial application.
HashKey Launches Asia’s First XRP Fund with Ripple’s Support

6 days ago | cryptotimes.io | Ronak Kumar

HashKey Capital has unveiled Asia’s first XRP Tracker Fund, a major step forward in making XRP investment more accessible. Backed by Ripple, the firm behind the XRP Ledger, this fund offers a simpler way for professional investors to gain exposure to XRP without handling the technical side of crypto. The fund will seek to replicate the performance of XRP, an asset that is famous for its capability to facilitate cheap and quick international transactions.
Slovenia Proposes 25% Tax on Crypto Trading Profits

6 days ago | cryptotimes.io | Ronak Kumar

The Slovenian Ministry of Finance has introduced a new bill to introduce a 25% tax on profits received from cryptocurrency transactions. The consultation is still ongoing and will close on May 5 with the main goal of aligning the taxation of crypto assets with the current tax legislation of the country. The law will come into force on the 1st of January in the year 2026 if the bill is signed.
Arizona Crypto Reserve Bill SB 1373 Passes House Committee

6 days ago | cryptotimes.io | Ronak Kumar

Arizona is leading the U.S. race to build a state-backed crypto reserve. On April 17, the Arizona House Committee of the Whole approved SB 1373 — a key bill that aims to create a Digital Assets Strategic Reserve Fund. Just one full floor vote stands between this bill and the governor’s desk. If signed into law, SB 1373 would allow Arizona’s state treasurer to manage a reserve made from seized digital assets.
SEC to Host Third Roundtable on Crypto Custody on April 25

1 week ago | cryptotimes.io | Ronak Kumar

The U.S. Securities and Exchange Commission (SEC) has announced the details for its upcoming third crypto custody roundtable, scheduled for April 25, 2025, at its headquarters in Washington D.C. As per the announcement, this is under the SEC’s “Spring Sprint Toward Crypto Clarity” campaign to provide more guidance on the regulation of digital assets. The third session in the series of events is called “Know Your Custodian: Key Considerations for Crypto Custody.”SEC Commissioner Hester M.
Project 11 Offers 1 BTC to Crack Bitcoin Key Using Quantum

1 week ago | cryptotimes.io | Ronak Kumar

Quantum computing research firm Project 11 has launched a bold competition to test just how dangerous quantum computers could be for Bitcoin. The “Q-Day Prize,” announced on April 16, offers 1 Bitcoin (around $84,000) to anyone who can crack part of a Bitcoin private key using a quantum computer by April 5, 2026. The mission? Use Shor’s algorithm on a real quantum computer — no classical computing shortcuts allowed. Even breaking a small portion of a Bitcoin key would be a breakthrough.
Bitcoin's Value Like Gold, Other Tokens Just Sentiment: Gensler

1 week ago | cryptotimes.io | Ronak Kumar

In his first public interview since stepping down as SEC Chair, Gary Gensler joined CNBC’s Squawk Box and didn’t hold back on his views about Bitcoin and the broader crypto market. Speaking with the hosts, Gensler called the crypto market “99% sentiment and very little fundamentals,” warning investors to approach the space with caution. Gensler acknowledged Bitcoin’s unique position, saying it may stick around “for a long time” due to global interest.
Pi Coin Price Crashes to $0.60, Down 19% in Just 24 Hours

1 week ago | cryptotimes.io | Ronak Kumar

Pi Coin price has taken a sharp hit, plunging 19% in the past 24 hours to trade at $0.6030. This sudden drop has erased the recent gains and brought back the worry on the faces of investors especially when the daily trading volume crossed $338 million. Just few days ago, Pi Coin was on the rise from $0.57 to almost $0.77 before coming back to $0.60. However, the recent drop has taken the price to a very sensitive level of $0.60, which is a critical level.