3 reasons why traders put an $800 target on BNB price
BNB price continues to show strength, leading traders to place an $800 price target on the Binance exchange token.
Posts published on May 10, 2024 go to media archive 2/4
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.
Bitcoin price flash crash raises chance of BTC dip to $54K
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.
Eigenlayer launches EIGEN token — but it’s nontransferable till September
Eigenlayer launched a claims process for its highly anticipated EIGEN token, but it won’t be transferable to others until further features are added.
Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins.
XRP All Talk, No Action? Social Media Booms, But Price Stuck In The Bear Pit
XRP, the native token of Ripple, finds itself caught in a tug-of-war between surging social media interest and a price that refuses to ignite. While online chatter paints a picture of a vibrant community, the token’s value treads water…
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network…
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
Perpetual futures markets price the fully diluted value of the token at around $15 billion.
Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot.
Crypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%
The stars may be finally aligning for Cardano (ADA) and its holders, as the crypto token recently experienced a significant reversal and a jump in its trading volume. Interestingly, this development coincides with an ultra-bullish prediction that a…
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday…
DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
The Near Protocol's Near token has more than doubled in price in 2024.
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.
U.S. CFTC Proposes Ban on Political Event Contracts
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the…
Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing
In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: 
Wells Fargo bank reveals it has spot
Wells Fargo bank reveals it has spot
Coinbase’s Stand With Crypto launches political action committee
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives.
Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.
Shouldn't All These Crypto Lawyers Start Learning About Crypto?
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance.
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
New Meme Coin Dogeverse Raises $13M in ICO – the Next Dogecoin?
A new meme coin, Dogeverse (DOGEVERSE), has crypto traders buzzing in May. Having raised over $13 million in its initial coin offering (ICO), Dogeverse has traders wondering whether it could be the next Dogecoin-style token to take the market by…
Toncoin Soars 32% On The Back Of Pantera Capital’s Mega-Investment
Toncoin (TON), the native token of the Telegram Open Network (TON), is experiencing a meteoric rise after a major investment from venture capital giant Pantera Capital. The news sent positive vibes through the crypto market, propelling TON’s…
Hong Kong issuer seeks spot Bitcoin ETF for mainland China
Harvest’s CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China.
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the…
Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments
Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this…
Fatal Flaws in Modern Monetary Theory
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
Bitcoin Short Term NUPL Value Turns Negative, What This Means For Price
Crypto analyst Onchained recently provided valuable insights into an important metric that can be used to gauge the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for…
Crypto firms brace for intensified SEC, CFTC action after regulator warning
The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises.
U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors.
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible…