Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder
[May 29, 2024 6:05 AM] DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more.
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Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
[May 29, 2024 5:32 AM] Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed…
Arkbit crypto mining MLM fraud busted by Texas regulators
[May 29, 2024 4:19 AM] Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.
Binance official’s wife demands medical care for detained husband
[May 29, 2024 2:08 AM] Mark Mordi, Gambaryan’s legal representative, notified the court on May 22 that his client had been unwell since the previous trial date and was still experiencing health problems.
Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan
[May 28, 2024 11:36 PM] Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S. dollar and yen based stablecoins in Japan. The…
Bank of Israel Launches Digital Shekel Challenge
[May 28, 2024 10:21 PM] The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The…
US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme
[May 28, 2024 8:28 PM] A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa…
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
[May 28, 2024 7:33 PM] Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto…
Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
[May 28, 2024 7:02 PM] Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4%…
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
[May 28, 2024 6:41 PM] Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held…
Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein
[May 28, 2024 6:00 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has experienced price volatility amid its struggle to consolidate above the crucial $70,000 resistance line. Recent reports of the collapsed Mt.Gox exchange processing payouts to its…
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
[May 28, 2024 3:35 PM] According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral…
UK Digital Bank Blocks Clients From Performing Crypto Transactions
[May 28, 2024 12:30 PM] The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the…
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
[May 28, 2024 11:17 AM] This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on…
Solana Passes Proposal to Assign 100% of Priority Fees to Validators
[May 28, 2024 10:45 AM] Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to…
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
[May 28, 2024 10:29 AM] Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful…
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
[May 28, 2024 8:50 AM] On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces…
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
[May 28, 2024 8:15 AM] Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a…
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
[May 28, 2024 7:20 AM] Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the…
Crypto awareness key for US presidential candidates, says survey
[May 28, 2024 6:41 AM] Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency
ChatGPT-coded memecoin reaches $638M market cap
[May 28, 2024 5:59 AM] The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million.
Iggy Azalea distances herself from alleged scammer's $300K memecoin
[May 28, 2024 5:53 AM] Azalea joins a growing list of celebrities unveiling ties to alleged serial scammer Sahil Arora as a project with the artist’s name nets $300,000 in presale.
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
[May 28, 2024 5:25 AM] The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding…
Vitalik Buterin claws back crypto community's right to redefine 'inflation'
[May 28, 2024 5:19 AM] The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.
Polkadot (DOT) Price Prediction: Analyst Sparks Bullish Frenzy With $10 Target
[May 28, 2024 4:30 AM] Polkadot (DOT) has captured the attention of investors and analysts alike with its recent upward momentum. Currently trading at $7.41, the cryptocurrency has exhibited robust performance metrics that hint at further gains on the horizon. Market…
Trump Inquired if Bitcoin Could Aid in Solving the $35 Trillion US National Debt Problem
[May 28, 2024 3:22 AM] David Bailey, CEO of Bitcoin Magazine and a cryptocurrency aide of the Trump campaign, revealed that the former president asked if Bitcoin could be leveraged to solve the U.S. national debt problem. During an X space on Sunday night, Bailey…
Memecoins dominate crypto open interest charts taking 4 out of top 10 spots
[May 28, 2024 3:17 AM] Open Interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract.
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
[May 27, 2024 10:30 PM] The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the…