Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and…
Crypto Pundit Lists 4 Altcoins To Buy Once The Bitcoin Price Bottoms
Crypto analyst DonAlt has listed four altcoins he will buy once he believes that Bitcoin’s price has bottomed. The analyst further provided insights into why he is particularly bullish on these altcoins. Ethereum Is Number One On The Altcoins List…
USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as…
Friend.tech Token Launch Turns Into A Nightmare As Price Dives 98%
The decentralized social network Friend.tech, launched in August 2023, is facing a significant setback as its native token, FRIEND, experiences a staggering 98.5% drop in value. Investors who participated in the recent airdrop of FRIEND tokens…
Why Oracles, Bridges, and VRF Services Are so Important to Bitcoin L2 dApps – Supra CEO Josh Tobkin
Supra is a next-generation, vertically integrated blockchain ecosystem with powerful smart contracts, native Oracles, cross-chain communication, automation, and more into one unified, shared security infrastructure. Josh Tobkin is the Co-Founder…
Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback
Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000?
Analyst Discusses Bitcoin Price Path To Heighten Fear Factor
MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin’s price trajectory and his prediction of a situation that might cause more fear in the market…
Venture capital pours $2.4B into crypto startups in early 2024
Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors.
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours…
How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.
Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000
Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As…
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across…
Exploiter Steals $68M Worth of Crypto Through Address Poisoning
A cryptocurrency user has lost $68 million worth of wrapped bitcoin (WBTC) after falling victim to an "address poisoning" exploit, according to blockchain security firm CertiK.
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record…
Why This Crypto Bull Run Might Not Live Up To The Past: Analyst
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in…
MultiBank.io: A Revolutionary Leap in Cryptocurrency Derivatives Trading
PRESS RELEASE. MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBank.io, its state-of-the-art cryptocurrency derivatives trading platform. This significant initiative heralds a transformative milestone…
Fidelity: Pension Funds Exploring Bitcoin Investments on ETF Approval
Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year.BREAKING: Wall Street giant Fidelity says pension…
First Mover Americas: Bitcoin Hovers Around $59K to End Week
The latest price moves in bitcoin (BTC) and crypto markets in context for May 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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