US lawmakers demand SEC-FINRA records on Prometheum ETH custody
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters.
Posts published on May 22, 2024 go to media archive 2/5
Ethereum Bullish Turn: Analyst Highlight Positive Bias In ETH Options Across All Expiries
Recent developments in the crypto market indicate a strong bullish sentiment among Ethereum traders, particularly in the options market. Amid the growing anticipation for potential approvals of spot Ethereum exchange-traded funds (ETFs), there has…
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s…
Shiba Inu Price Can’t Reach $0.01, Crypto Pundit Reveals Why
Crypto analyst Oscar Ramos has outlined why he doesn’t believe the Shiba Inu price can go above $0.01 this cycle. He made this statement while alluding to the possibility of the meme coin reaching $0.5 at some point in the future. Why Shiba Inu…
Bitcoin price preps for ‘bigger move’ as on-chain metrics ‘reset’
Bitcoin technical and on-chain data point to a much “bigger move” for BTC now that key price metrics have “reset.”
AI-Focused Tokens Edge Higher Ahead of Nvidia Earnings Results
FET, RNDR, TAO and AGIX gained even as the broader market benchmark CoinDesk 20 Index saw a slight decline during the day.
UK election on July 4: What would Labour Party win mean for crypto?
While nothing is assured in politics, the Labour Party has a commanding lead in the polls just six weeks away from the general election.
SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and…
Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign
In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency…
The Wrong Lessons of Pizza Day
The following is an excerpt on Bitcoin Pizza Day from "Fiat Ruins Everything" by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. Pizza Day is often viewed with a sense of regret.The well-known story…
Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator
Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of being responsible for the GAMA NFT Project…
Ordinals Unleashed: How Ordinals Are Reshaping Bitcoin's Blockchain
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. This article is based on data as of November 15, 2023. The data in this article was prepared by SQRR Research…
How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit
The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.
Rabbit AI’s alleged NFT scam, Dolce & Gabbana’s class-action lawsuit: Nifty Newsletter
Fashion brand Dolce & Gabbana faces a class-action lawsuit over an alleged late delivery of its NFTs.
Crypto exchanges form ‘Tech Against Scams’ partnership to combat fraud
Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.
Bitcoin support for MetaMask in the works? Company says ‘stay tuned’
Reports suggest that MetaMask is preparing to support native Bitcoin transactions. The company has not provided a timeline or confirmed the plans.
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the…
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time.
Cardano's 'centralization' concerns put a 30% ADA price crash in play
Cardano whales are accumulating ADA during the correction period, ignoring the centralization warning.
Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level
Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post…
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all…
Price analysis 5/22: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin and Ether lead the market higher as bulls show up in force. Which altcoins will follow?
Binance.US wins appeal to reinstate Florida money services license
Just because you can do something doesn’t mean you should, a state appeal court told the Florida Office of Financial Regulation.
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient…
Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline
Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s…
The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears
There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs.
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends…
US authorities will transfer SBF to California prison: Report
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023.
WEF warns CBDCs could be vulnerable to quantum computer attack
“Q-Day” gets closer with every quantum computing breakthrough.