Traders say Bitcoin price correction a ‘fake out’ before the next leg up
Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback.
Posts published on May 23, 2024 go to media archive 2/4
Spot Ether ETFs receive official approval from the SEC
The U.S. Securities and Exchange Commission gave the green light to several spot Ether ETFs after speculation that the regulator was considering treating ETH as a security.
SEC Approves Spot Ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin…
Pundit Predicts Shiba Inu Competitor Dogwifhat Will Reach $10 Amid Short liquidations
Crypto trader and analyst Unipcs (Bonk Guy) has reiterated his bullish prediction for Dogwifhat (WIF). He made this statement while revealing the sums lost by short traders thanks to their bearish sentiment around the meme coin. Dogwifhat Headed…
Ex-FTX CEO ends up in Oklahoma prison despite request from judge
Records show Sam Bankman-Fried was in the Federal Transfer Center in Oklahoma City, suggesting authorities may still transfer him to a prison in California.
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.
CBDC Anti-Surveillance State Act passes US House in partisan vote
The potential misuse of the CBDC technology trumped arguments about innovation or even good legal drafting.
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1…
Ethereum Soars 5.6% Ahead Of ETF Decision, Analysts Set Bigger Price Target
Meet the women behind the world’s largest crypto exchanges
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen currently lead the world’s largest crypto exchanges by volume.
Bitcoiner raises the orange flag on Mount Everest
After weeks of climbing and acclimating to the altitude, Dadvan Yousuf removed the Bitcoin flag from his bag to show it off at the top of the world.
2025 to be ’a good year for crypto policy,’ industry experts say
Betting markets are currently showing a 72% chance of a spot Ether ETF approval in the United States.
Wake Up, Web3: Your Marketing Is Fueling a Bot Epidemic
We need airdrops and KOL campaigns that, instead of creating empty buzz and boosting vanity metrics, convert real committed users, build brand relationships, and bring large rewards to engaged communities, says Filip Wielanier, co-founder of…
Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis
Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent. Zhou stated that these rumors are not supported by facts, and users should be cognizant of…
U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was…
Coinbase reopens XRP trading in New York
Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP.
Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So
Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak. Bitcoin MVRV Pricing Bands Could Provide Hints About What’s Next In a new post on X, analyst Ali…
Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive
The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the…
Bitcoin and Wall Street: Insights from Alex Thorn of Galaxy Digital
At the recent MicroStrategy World: Bitcoin for Corporations conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and corporations.In an interview with…
Protocol Village: Cysic, ZK Hardware Acceleration Project, Raises $12M
The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see…
Proof-of-restaking and extended consensus — Interview with Units Network
Emerging from past challenges, this initiative emphasizes decentralized governance and advanced consensus mechanisms to foster innovation.
Combating Financial Repression With Bitcoin: Human Rights Activists to Gather at The 2024 Oslo Freedom Forum
The Oslo Freedom Forum (OFF) is set to return to the Norwegian capital June 3-5 for its 16th installment since 2009. The conference series, hosted by the New York-based non-profit Human Rights Foundation (HRF), will bring together humanitarians…
Digital Second Amendment: Preserving Bitcoin Rights
The US is well-known for the Second Amendment. Actually, the right to arms may be described as one of the national characteristics of the US state. Some will say that without second amendments the US would just remain an overseas Europe. And what…
Montenegrin Justice Minister discussed Do Kwon’s case with SEC
The Terraform Labs co-founder was still in Montenegro as his lawyers and the courts considered requests for extradition to the U.S. and South Korea.
Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison
According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal…
Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows
On-chain analytics platform Glassnode has provided insights into why the Bitcoin price recently dropped below $70,000. The platform suggested that the flagship isn’t yet seeing enough demand, which could send its price to new highs. Demand For…