RNDR pumps 11% after Apple mentions Octane
A brief, three-second mention of Render’s Octane software in an Apple promo video was spotted by traders amid RNDR already witnessing significant price appreciation this week.
Posts published on May 9, 2024 go to media archive 1/5
President Joe Biden is trying hard to 'kill crypto', says Cardano founder
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s…
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential…
Altcoins will bottom in early summer before bull run — Analyst
An altcoin bull run would first require Bitcoin to break out from its current range, according to Nansen's principal research analyst.
XRP Price Consolidates Below $0.530: What Could Trigger More Losses?
XRP price is consolidating losses above the $0.500 support. The price could extend losses if it fails to recover above the $0.530 resistance zone. XRP extended losses and traded below the $0.530 support. The price is now trading below $0.5250 and…
Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.
Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030
“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction.
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner
Canaan Inc. has launched the Avalon A15 series, with the new product being the A1566 model. This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology. The A1566 model sets a new performance benchmark with an…
Ethereum Price Signals Fresh Increase Unless Fails To Surpass $3,080
Ethereum price started a recovery wave from the $2,940 support. ETH could gain bullish momentum if it clears the $3,055 and $3,080 resistance levels. Ethereum found support near $2,940 and started a steady increase. The price is trading near $3,030…
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions…
Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why
An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new post on X, on-chain…
Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key
Bitcoin price found support near the $60,600 zone. BTC is recovering but the bears might remain active near the $63,200 resistance zone. Bitcoin tested the $60,60 support zone and started a recovery wave. The price is trading near $63,000 and the…
Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by…
Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC
Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned.
Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm
Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently expressed his…
Tether slams Deutsche Bank over suggestion its stablecoin could fail
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines.
Bitcoin could soon ‘BLOW higher’ on bullish candle hammer: Glassnode execs
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African…
Marathon Digital misses Q1 estimates on bad weather, utility failures
The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.
Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M
Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due to its decision to maintain fees on its flagship Grayscale Bitcoin Trust…
Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme
Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used…
Arbitrum Prints TD Buy Signal: Trend About To Flip?
An analyst has pointed out how Arbitrum (ARB) has formed a Tom Demark (TD) Sequential buy signal on its weekly chart recently. Arbitrum May Have Hit A Point Of Reversal According To TD Sequential In a new post on X, analyst Ali has discussed a TD…
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow.
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some…
EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'
EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program.
Crypto Presidential Rally: TRUMP Soars 36.2% And Flips BODEN
In a year full of global elections, the crypto industry remains expectant and critical of every candidate’s stance on cryptocurrencies. The US presidential elections could pose a turning point for regulations and adoption that could affect the…
Binance hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express
Binance hits back at claims it fired investigator who found manipulation, Hong Kong crypto ETFs take the “equivalent” of $50B. Asia Express.
Binance Fined Over $4 Million in Canada for Money Laundering Violations
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to…