Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.
Posts published on May 29, 2023 go to media archive 1/3
Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there.
Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100
A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the crypto industry. FTX, a crypto exchange that has since gone out of…
XRP Price Prediction: Rally Gathers Pace, $0.55 Target In Sight
Ripple’s token price is rising above the $0.50 resistance against the US Dollar. XRP price might continue to rise toward the $0.525 and $0.550 resistance levels. Ripple’s token price started a fresh increase above the $0.480 resistance against the…
Buying a bank won't solve crypto's debanking issue: Binance CEO
CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank.
TradingView Integrates VERSE Token and Verse DEX, a Milestone in Verse Adoption
TradingView, the globally renowned charting platform and social network for traders and investors, has announced the integration of $VERSE token and Verse DEX within its platform. This milestone in the adoption of Verse is a clear signal that Verse…
Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down
The number of Ordinals has grown from one to 10 million in less than six months.
Crypto exchange TrigonX latest to emerge from the FTX rubble
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX.
Filmmaker Alana Mediavilla On Bitcoin’s Energy Consumption, Education And Closing The Gender Gap
It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’s energy usage. Senator Elizabeth Warren from Massachusetts has repeatedly attacked…
Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K
Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000. Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone. The price is…
Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to…
Bitcoin Price Just Saw Technical Correction, Can Bulls Save The Day?
Bitcoin price is correcting gains from $28,400. BTC must stay above the $27,500 support to start a fresh increase in the near term. Bitcoin is correcting gains below the $28,000 support zone. The price is trading above $27,500 and the 100 hourly…
Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.
Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What…
First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.
Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident
Here Are The Top 3 Chinese Coins To Buy As China Leads The Bull Run
As June 1 draws closer and the Hong Kong and Chinese investors look forward to legally trading cryptocurrencies once more, the market has already turned bullish. So far, Chinese coins have led the pack when it comes to gains, so here are three of…
Is Bitcoin Headed For $34,000? Large Buyer’s Purchase May Signal Yes
Bitcoin is finally seeing some green after trading at a loss over the past two weeks. The cryptocurrency continues to trade within a tight range, but activity in the options market could hint at a potential run toward new highs. As of this writing…
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s…
Laos government reportedly prioritizes blockchain technology for digital transformation
Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.
The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT
Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin…
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from…
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead?
EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish sentiment in the 30-Day timeframe. The EOS price is down by 14.19% in its…
Jimbos Protocol offers deal to hacker, threatens police action
The deal was posted to both the Ethereum network and the protocol’s official Twitter channel.
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.
Amex planning to use AI for ‘approving cards and lines of credit’
American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services.
Bitcoin Rally Hopes Still Alive, If This Metric Is To Go By
If the historical pattern in this on-chain indicator is anything to go by, hopes for the continuation of the Bitcoin rally may still be alive. Bitcoin SOPR Ratio Has Been Going Up In Recent Weeks As an analyst in a CryptoQuant post pointed out, the…