More crypto AI alliances emerge following $7.5B token merger
[May 13, 2024 11:30 AM] Many crypto projects have integrated AI as part of their everyday routine since the introduction of LLMs last year.
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Theta Network Breakout Imminent: Why A 100% Rise Is Possible From Here
[May 13, 2024 11:00 AM] While the focus has mainly been on Bitcoin and Ethereum through the downtrend, other smaller altcoins such as Theta Network with much more potential have been flying under the radar. However, crypto investors are no longer ignoring these altcoins…
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
[May 13, 2024 10:20 AM] On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two…
OKX surpasses 50% of Bitcoin Runes market share
[May 13, 2024 9:43 AM] The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens.
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
[May 13, 2024 9:42 AM] Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of…
Season of the Meme Coin: Unconventional Cryptos Dominate 3-Month Gains
[May 13, 2024 7:05 AM] Over the past 90 days, bitcoin has appreciated by 23.4%. However, eight other cryptocurrencies have demonstrated significantly larger gains, each recording triple-digit increases over the same period. 90-Day Trends Propel Niche Tokens to New…
Analyst Predicts Injective (INJ) Breakout: $50 Price Range On The Horizon
[May 13, 2024 7:00 AM] Injective (INJ), a decentralized exchange (DEX) protocol, is stirring excitement in the cryptocurrency market with analysts predicting a potential price surge. The token has been under the watchful eye of analysts, with many anticipating a…
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
[May 13, 2024 6:02 AM] As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline…
Latam Insights: Illegal Crypto Crackdown in Argentina, Bancolombia Launches Crypto Exchange
[May 13, 2024 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine authorities crack down on illegal crypto investment scam, Bancolombia launches cryptocurrency…
Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000
[May 13, 2024 5:30 AM] Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. How Bitcoin…
Bitcoin Technical Analysis: Bulls Set Sights on a Glimmer of Recovery
[May 13, 2024 5:17 AM] As of May 13, 2024, bitcoin exhibits mixed signals across various time frames and technical indicators, presenting a complex landscape for traders. The leading crypto asset’s price currently stands at $62,792, reflecting a slight increase…
CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies
[May 13, 2024 3:44 AM] The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin…
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash
[May 13, 2024 3:05 AM] Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quickly converting their digital currency to physical cash due to concerns over its utility and lack…
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
[May 13, 2024 12:40 AM] The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of…
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
[May 12, 2024 7:20 PM] The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract…
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
[May 12, 2024 6:12 PM] A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for…
Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens
[May 12, 2024 5:11 PM] Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a gold-backed cryptocurrency. Kiyosaki predicts a scenario where…
Turkey Prepares New Crypto Law to Align With International Standards
[May 12, 2024 4:14 PM] Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the…
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
[May 12, 2024 2:05 PM] Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of…
Kraken Challenges SEC Overreach in Recent Court Filing
[May 12, 2024 1:33 PM] In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024…
Bitcoin Magazine CEO Discloses Links With Trump Campaign: “It’s Time for Bitcoin to Elect the Next President”
[May 12, 2024 12:31 PM] David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive…
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
[May 12, 2024 11:15 AM] The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…
XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge
[May 12, 2024 11:00 AM] The once-booming cryptocurrency Ripple (XRP) finds itself in a precarious position. The past month has been marked by a significant drop in XRP’s value, leaving investors and analysts in a state of flux. While some fear a continued decline…
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
[May 12, 2024 9:36 AM] On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both…
Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?
[May 12, 2024 9:00 AM] Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145…