130 / 339 Relevant items tagged with #Crypto
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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…
Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’
Analyst Says Ethereum Spot ETFs Approval Will See “Animal Spirits” Reignite Crypto – What This Means
[May 24, 2024 12:30 PM] A crypto analyst has made a rather cryptic prediction, suggesting that the approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could unleash a new wave of “animal spirits.” This term in crypto is often used…
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
[May 24, 2024 11:08 AM] According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another…
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
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…
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…
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…
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
[May 24, 2024 6:17 AM] The CatCoin team urged BitForex to respond to its grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further.
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…
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
[May 24, 2024 5:20 AM] Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal…
XRP Declares War On Uncertainty: Analyst Predicts Breakout Fueled By Regulation
[May 24, 2024 3:30 AM] XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators…
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
[May 24, 2024 2:53 AM] Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump
[May 23, 2024 11:00 PM] In a recent ruling that could have implications for the crypto industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over a 2021 Dogecoin (DOGE) sweepstakes dispute. The court’s decision…
Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data
FTM’s Key Support At Risk As Fantom Launches Sonic Foundation And Wraps $10M Funding
[May 23, 2024 9:00 PM] The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the foundation expressed its commitment to leveraging…
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
[May 23, 2024 8:05 PM] Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from…
Bitcoin’s Network Strengthens: Mining Difficulty And Hash Rate Spike Amid ETH ETF Buzz
[May 23, 2024 8:00 PM] Bitcoin mining difficulty has adjusted upwards by nearly 2%, reaching over 84.4 trillion, as the network’s average hash rate surged past 600 EH/s. This increase comes amid growing optimism in the crypto market, particularly due to speculation…
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
[May 23, 2024 7:35 PM] Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new…
Analyst Predicts An “Ultra Bull” Scenario For Bitcoin That Could Send Price To $80,000
[May 23, 2024 6:30 PM] A crypto analyst has forecasted an “ultra bull scenario” for Bitcoin, highlighting key support levels and technical patterns that suggest a price rally above $80,000 in this market cycle. Bitcoin Could See Upside Above $80,000 In a recent X…
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
[May 23, 2024 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…
Is Axie Infinity (AXS) About To Skyrocket? Crypto Analysts Spot Major Breakout Patterns
[May 23, 2024 4:00 PM] Axie Infinity (AXS), the popular play-to-earn game token, appears to be drawing significant attention from crypto analysts and investors alike. Recent analyses by renowned crypto experts Ali and Captain Faibik have identified key patterns and…
US Congress Building Pro-Crypto Army, Lawmaker Says
[May 23, 2024 3:50 PM] Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and…
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
[May 23, 2024 1:34 PM] 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…
Meet the women behind the world’s largest crypto exchanges
[May 23, 2024 12:45 PM] Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen currently lead the world’s largest crypto exchanges by volume.