114 / 309 Relevant items tagged with #crypto
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Fantom (FTM) Bull Run: 8% Price Surge And Robust Double-Digit Growth In Key Metrics
[May 7 6:00 PM] Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have experienced significant gains and notable achievements in the first quarter (Q1) of 2024. According to a comprehensive performance analysis conducted by Messari, amid the…
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
[May 7 5:11 PM] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency…
Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms
[May 7 5:00 PM] So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses…
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing
[May 7 3:00 PM] Ethereum has put on a disappointing performance for its investors over the last few weeks, leading to concerns on whether the second-largest cryptocurrency by market cap has lost its shine. The cryptocurrency continues to skirt around the $3,100…
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
[May 7 12:00 PM] Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that…
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
[May 7 11:37 AM] Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell companies to launder drug trafficking money proceeds using…
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
[May 7 9:36 AM] According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin…
Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price?
[May 7 8:00 AM] Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of…
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
[May 7 7:33 AM] According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast…
This Week’s Crypto Watchlist: Top Coins Poised For Gains
[May 7 7:00 AM] In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging…
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
[May 7 5:30 AM] As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced…
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
[May 7 5:20 AM] Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s…
SUI Gets Spicy: Network Fires Back At Token Supply FUD
[May 7 5:00 AM] Sui, the year-old Layer-1 blockchain darling, is facing a harsh reality check. While celebrating its first anniversary on May 3rd, 2034, the network finds itself embroiled in a controversy surrounding its tokenomics, the design and distribution of…
Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
[May 7 3:42 AM] The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.
Whispers In The Deep: Why Are Ethereum Whales Disappearing?
[May 7 3:00 AM] Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline. Investors are on tenterhooks, with whales exiting their positions and the market sentiment teetering between fear…
Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
[May 7 2:19 AM] GBTC has recorded inflows for two consecutive days — bringing its total inflows to $66.9 million.
Kronos Research hacker shifts funds to Tornado Cash
[May 7 1:50 AM] Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.
Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters
[May 7 1:05 AM] The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
[May 6 11:47 PM] Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and…
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
[May 6 9:26 PM] Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its…
Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling
[May 6 7:33 PM] Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases…
Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future
Crypto Analyst Says Cardano Bloodbath Far From Over, Sets Bottom Price For ADA
[May 6 6:10 PM] Cardano has recovered from its April lows and continues to maintain a strong momentum above $0.45. This has prompted expectations that the altcoin will go on a rally from here. However, not everyone shares this sentiment as one crypto analyst…
Analysts Stand Firm on $150K Bitcoin Price Forecast Citing ‘a Healthy Cycle’
[May 6 5:16 PM] Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally…
NEAR Price Rally: 9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1
[May 6 4:00 PM] Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its…
Shiba Inu Price Prediction: Crypto Analyst Says Massive Surge Is Coming, Here’s The Target
[May 6 3:00 PM] Shiba Inu has rebounded by over 19% from its $0.00002081 price point at the beginning of the month. Current price action shows the cryptocurrency might be on its way to performing an interesting price surge in the coming weeks. According to one…
Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say
[May 6 1:30 PM] Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.