106 / 309 Relevant items tagged with #crypto
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Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation
[May 16 12:00 PM] The Ethereum market has been a whirlwind of activity in recent days. After a brutal price correction last week, the world’s second-largest cryptocurrency by market capitalization has staged a mini-rebound, leaving investors wondering if this…
El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
[May 16 11:21 AM] El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this…
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
[May 16 11:18 AM] Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed…
Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing
[May 16 10:23 AM] Reports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan Salame, co-CEO of FTX Digital Markets. Trabucco’s letter emerged amidst numerous…
Crypto VCs are back in action amid market rally
[May 16 9:55 AM] Series funding rounds have sprung back, albeit still remaining well below their all-time highs of $4.5 billion in monthly deals during the previous crypto market cycle.
Millennium Management and Morgan Stanley Report Significant Spot Bitcoin ETF Holdings
[May 16 9:33 AM] According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed…
Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive
[May 16 9:00 AM] The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks. This unexpected…
US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
[May 16 8:21 AM] U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero…
Why Did The Bitcoin Price Rise Above $66,000 Today?
[May 16 8:00 AM] Bitcoin recently rose above $66,000 for the first time since April. This recent price rally from the flagship crypto is believed to be due to several factors, including the recently released inflation data. Inflation Data Comes In Lower Than…
USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US
[May 16 6:22 AM] Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and…
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
[May 16 5:17 AM] The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents.
Solana On The Brink? Price Stalemate At Crucial $140 Support
[May 16 4:50 AM] Solana (SOL), the high-speed blockchain network, is facing a balancing act. While experiencing a short-term price bump, analysts warn of a potential plunge if a key technical level crumbles. Bullish Flicker Amidst Bearish Gloom SOL’s price…
Buckle Up, XRP Fans: Analyst Eyes Price Explosion To $0.65 In Next 5 Days
[May 16 2:40 AM] The price of XRP, the native token of Ripple, has been a topic of much debate lately. While some analysts predict a significant price jump this weekend, others remain cautious due to the coin’s recent struggles and the ongoing legal battle…
Early Bitcoin Proponent Erik Voorhees: Crypto Will Be the Currency of AI
[May 16 1:07 AM] Erik Voorhees, an early bitcoin proponent and entrepreneur, believes that crypto will be the currency of artificial intelligence (AI) agents. At Unchained, Laura Shin’s crypto podcast, Voorhees explained that, as soon as AI agents start…
Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
[May 16 12:49 AM] Coinbase is developing a service which will specifically target Australia' self-managed pensions sector, the exchange's Asia-Pacific Managing Director John O’Loghlen told Bloomberg.
By The Numbers: Over 1 Million New Crypto Tokens Launched Since April
[May 15 9:00 PM] The crypto community created over one million tokens across all chains in the past month, with Solana and Ethereum leading the crypto token frenzy. According to Coinbase’s director, these numbers doubled the tokens created in Ethereum between 2015…
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
[May 15 8:40 PM] U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns…
Oasys Partners With SBI Group’s SBINFT Market to Boost Crypto Gaming in Japan
[May 15 7:48 PM] Oasys, a blockchain network focused on gaming, has partnered with SBINFT Market, an NFT platform operated by a subsidiary of the Japanese financial conglomerate SBI Group, to expand the crypto gaming sector in Japan. The collaboration will allow…
Bitcoin Soaring Toward $84,000: Insights From Glassnode Co-Founders
[May 15 7:00 PM] In a remarkable turn of events, Bitcoin (BTC) has broken out of its recent trading range, recording a 7% surge in the past 24 hours alone. The cryptocurrency tests the $66,000 resistance level, setting the stage for a potential move toward higher…
Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit
[May 15 6:25 PM] Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27…
Ethereum Bulls On The Rise? Crucial Indicator Point To A Major Upturn
[May 15 6:00 PM] Ethereum (ETH), the second-largest crypto by market capitalization, has recently shown signs that suggest a potential rebound is on the horizon. Analysts have been closely monitoring various technical indicators, and one such analyst, Ali, has…
Robinhood Launches Its First Crypto Staking Product
[May 15 5:11 PM] Robinhood has introduced its first-ever crypto staking product, which will be available to European customers. The company has also launched several other new features for European users. “Robinhood Crypto customers can now stake their solana (SOL)…
How High Can The XRP Price Go? Crypto Analyst Unveils 6-Month Prediction
[May 15 5:00 PM] Crypto analysts continue to be super bullish on the future of the XRP price despite its poor performance in the past. However, while some analysts have predicted price targets that, to many, seem unrealistic, others have set more conservative…
Ripple Seeks Court Approval to Seal Sensitive Documents in SEC Lawsuit
[May 15 4:16 PM] Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies…
Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target
[May 15 4:00 PM] The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC…
Microstrategy Joins MSCI World Index Amid Bitcoin Rally
[May 15 3:20 PM] MSCI Inc. has announced the May 2024 Index Review, which includes adding the bitcoin-focused Microstrategy to the MSCI World Index. This decision follows the Nasdaq-listed software intelligence firm’s stock outperforming bitcoin and other…
Over 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up
[May 15 2:34 PM] On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000 threshold, reaching a peak of $66,461 per coin on…
GameFi studios are booming once again as crypto prices recover
[May 15 1:45 PM] New Web3 gaming projects continue to enter the sector as the price of cryptocurrencies surge.