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Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins
[May 25, 2024 11:57 AM] Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and…
Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
[May 25, 2024 7:25 AM] Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024…
Ethereum Dominates NFT Sales Despite Overall Market Drop
[May 25, 2024 6:44 AM] Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%…
Bitcoin Propped For Major Breakout By September, Analyst Explains Why
[May 25, 2024 5:50 AM] Following the Bitcoin halving in April, analysts and investors remain on the edge of their seats in anticipation of a major price breakout by the maiden cryptocurrency. While Bitcoin did rise to $71,443 in the past week, the token soon suffered a…
UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC
[May 25, 2024 5:20 AM] A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges…
Crypto Advocacy Group ‘Stand With Crypto’ Expands to the UK
[May 25, 2024 3:31 AM] Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of…
US ETH ETF approval pressures Korean regulators
[May 25, 2024 2:05 AM] Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.
Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch
[May 24, 2024 7:00 PM] The Bitcoin price is now back down to $67,000 after touching above $71,000 earlier in the week. Given the circumstances surrounding the price recovery and subsequent decline, it has led to crypto analysts breaking out the technical indicators to…
Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode
[May 24, 2024 6:00 PM] Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over $73,000, with recent attempts peaking above $71,000 earlier this week, the…
Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’
Bitcoin Whales Buy Up $1.4 Billion Worth Of BTC Amid Heightened Volatility
[May 24, 2024 4:00 PM] Bitcoin whales have continued to show their resilience and unwavering bullishness on the flagship crypto. This category of investors has accumulated a significant amount of the crypto token in the last seven days amid heightened volatility in…
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In
[May 24, 2024 3:30 PM] Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable…
3 tips for protecting Bitcoin profits amid Ethereum ETF mania
[May 24, 2024 2:30 PM] Looking to protect the millions you've made from crypto during the Bitcoin-Ether ETF mania before this bull run comes crashing to an end? Here are a few ideas.
Battle Of Networks? Algorand Pokes Fun At Bitcoin, Ethereum, And Solana In New Ad
[May 24, 2024 2:00 PM] Algorand Foundation’s new ad criticized Bitcoin, Ethereum, and Solana for their efficiency. The ad received mixed reactions from the crypto community and sparked a conversation about the art of advertising crypto products. Algorand, The Only One…
US House Passes Central Bank Digital Currency Anti-Surveillance State Act
[May 24, 2024 1:35 PM] The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill…
Price analysis 5/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[May 24, 2024 12:30 PM] The spot Ether ETFs approval by the SEC has failed to start a rally in Ether and Bitcoin, but this could change after a few weeks.
Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects
[May 24, 2024 12:00 PM] The company will help monetize stranded energy in the African country and help manage its renewable energy production.
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
[May 24, 2024 9:55 AM] A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and…
Ethereum Undergoes Major Breakout, Path To New All-Time High?
[May 24, 2024 9:30 AM] Ethereum has yet to witness a move on the upside today, following the historic approval of the ETH Spot Exchange-Traded Funds (ETFs). However, given the impact of the exchange funds, as seen with Bitcoin, several crypto analysts and market watchers…
Onchain Fees for Bitcoin Drop to Six-Month Low
[May 24, 2024 9:14 AM] Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per…
Coinbase Continues to Fight for Crypto Clarity, Challenging SEC Overreach in Court
[May 24, 2024 8:45 AM] Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission (SEC), which alleges that certain digital asset transactions…
US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain
Bitcoin Disappoints With Fall To $67,000, But Analyst Says Investors Should Not Be Fazed. Here’s Why
[May 24, 2024 8:00 AM] Bitcoin has dropped from its weekly high of $71,980, recorded on May 21, to as low as $67,000, raising concerns amongst crypto investors. However, crypto analyst Jelle has suggested that there is no need to be worried about the flagship crypto’s…
Bitcoin RSI copies 2017 bull run as trader says $75K key for BTC price
[May 24, 2024 7:34 AM] Bitcoin could be preparing its "main breakout" if RSI traits follow the run-up to old $20,000 highs from late 2017.
Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
[May 24, 2024 7:10 AM] Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance…
First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval
[May 24, 2024 6:04 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 24 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
[May 24, 2024 6:01 AM] Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin…