A pair of bipartisan US congressmen are reportedly asking the U.S. Securities and Exchange Commission (SEC) to greenlight options trading on spot Bitcoin (BTC) exchange-traded funds (ETFs). Citing a letter sent to SEC chair Gary Gensler, Axios reports that Representatives Mike Flood (R-NE) and Wiley Nickel (D-NC) say that approving options trading on Bitcoin ETFs […]

Bitcoin advocate Samson Mow has brought up important message from BTC creator

TL;DR The meme coin sector flashed green today (May 3), with its market capitalization exceeding $50 billion. The prices of Dogecoin (DOGE) and Shiba Inu (SHIB) are up on a daily scale, but other assets like WIF and POPCAT have registered more significant gains. The Best Performers The cryptocurrency market returned to green territory after […]

Is OP_CAT happening? The covenants proposal was just assigned BIP number #347. But before we delve deeper, let’s explore what covenants are and why Bitcoiners may want them. Is Bitcoin an ideal state of digital e-cash or do we want more from our coins on-chain? Scratching the Surface: Bitcoin Scripts Limitations To understand covenant proposals […]

Memes might be the “most simplistic connection” between financialization, tokenization and culture, says Kain Warwick.

Solana started a recovery wave from the $120 zone. SOL price is rising and might accelerate higher if there is a close above the $142 resistance. SOL price recovered higher and tested the $140 resistance against the US Dollar. The price is now trading below $142 and the 100 simple moving average (4 hours). There […]

MAR Mining is pleased to announce the launch of its innovative services designed to make cryptocurrency mining convenient, efficient and profitable for enthusiasts and investors. MAR mining’s focus on simplicity, transparency, and user empowerment will change the landscape of cryptocurrency mining. Cryptocurrency mining has long been considered a complex and difficult activity that can only […]

CIA whistleblower turned international fugitive Edward Snowden has issued a “final warning” on Bitcoin privacy, amid a U.S. crackdown on crypto privacy projects. In a tweet, Snowden said that, “I’ve been warning Bitcoin developers for ten years that privacy needs to be provided for at the protocol level,” adding that, “This is the final warning. […]

In a striking development within the energy and cryptocurrency sectors, Alliance Resource Partners, a prominent coal mining company, …

BlockDAG’s Strategic Expansion: Over 10 New Payment Methods Attract Shiba Inu & Avalanche Investors Amidst $22.3M Presale Inside the dynamic realm of cryptocurrency, financial agility is pivotal. As players like Shiba Inu and Avalanche carve their niches with unique offerings, BlockDAG is capturing significant attention with its expansive payment options, racking up $22.3 million in […]

A major options expiry is looming for Bitcoin and Ethereum

According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly all participants in the country’s financial services sector, are susceptible to […]

Coinbase has released its first quarter report for 2024, showcasing a substantial 72% quarter-on-quarter increase in total revenue to $1.6 billion. This surge was accompanied by a notable net income of $1,176 billion, representing an increase of 1,588% YoY. This figure represents a turnaround from a net loss of $79 million in the same period […]

The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This activity has largely overshadowed some revolutionary changes in our understanding of the existing Bitcoin Script, changes which form the basis of BitVM but […]

TL;DR Ripple contests the SEC’s classification of the “Fox Declaration” as standard evidence, arguing it’s expert testimony, which affects the legal proceedings. Predictions suggest a possible $100 million settlement in case, potentially impacting XRP’s value and the broader crypto market. Ripple Strikes Back The legal battle between Ripple and the US Securities and Exchange Commission […]

This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss.

In his most recent publication dated May 2, 2024, Arthur Hayes, the founder of exchange BitMEX, shared his insights into the crypto market’s recent tumultuous behavior and the broader macroeconomic signals shaping potential future trends. Titled “Mayday,” his essay directly addresses the crypto market, which has experienced significant volatility since mid-April. Stealth Money Printing Is […]

Binance founder and former CEO Changpeng Zhao is undeterred from investing in crypto despite receiving a prison sentence for US law violations at the world’s largest digital asset exchange. In a statement on social media platform X, Zhao tells his followers what his plans are following his sentencing on Tuesday. “I would like to thank […]

After a week of falling prices for crypto led by Bitcoin (BTC), a widely-followed analyst says the bottom is nearly in. Crypto trader Michaël van de Poppe warns his 715,600 followers on the social media platform X that it could still take some time for BTC to recover from falling nearly 7% in the last two weeks. […]

The Enforcement Directorate seizes Rs. 90 crore from cryptocurrency wallets of Binance, ZebPay, and WazirX as part of a money laundering …

TL;DR Bitcoin ETFs in the U.S. experienced a record outflow of funds on Wednesday, with BlackRock’s IBIT registering its first loss since January. The combined net outflow of the ETFs totaled $563.7 million, marking May 1 as the day with the largest outflow of funds since the launch of these financial products. BTC lost 10.44% […]

Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in the number of bitcoins mined, down to 1,364. Modest Growth Noted […]

Overview: BlockDAG’s Market Influence Soars With $2.3 Million Miner Sales, Outshining Ethereum And Toncoin In 2024 In the transformative landscape of 2024’s cryptocurrency market, BlockDAG has captured significant attention with its innovative X Series mining rigs, which has achieved over $2.3 million in sales. This technological advancement signals a potential 30,000x return on investment, positioning […]

Peter Schiff believes that the price of Bitcoin is going to slide to $54,000 in the short term

The Federal Court has found BPS Financial Pty Ltd (BPS) guilty of engaging in unlicensed conduct concerning the ‘Qoin Wallet’, a non-cash payment facility utilizing a crypto-asset token known as ‘Qoin.’ The judgment was delivered by Justice Downes in proceedings brought by ASIC. Further Proceedings Ordered by the Court The court determined that BPS, from […]

In a Keynote address at MicroStrategy World: Bitcoin for Corporations, MicroStrategy Executive Chairman Michael Saylor delivered a masterclass on corporate finance and the power of bitcoin to supercharge corporate balance sheets. Saylor made a point to emphasize Bitcoin as the single solution for capital appreciation in an inflationary environment. In his speech, Saylor likened the […]

Popular trader and economist Alex Krüger says he’s currently “max long” on the crypto market. Krüger tells his 173,800 followers on the social media platform X that he’s hedged and unhedged multiple times but he’s now max long in “very concentrated positions.” The economist notes that he’s looking to “de-risk” soon. However, he acknowledges that […]

A prominent layer-2 scaling solution for the meme asset Dogecoin (DOGE) is announcing that it is going to be shutting down its wallet services next month. In a new thread on the social media platform X, Mishaboar, one of Dogecoin’s developers, tells investors to make sure they move their DOGE out of the Dogechain wallet […]

Polygon (MATIC), the Ethereum scaling solution, has been a hot topic for weeks. Its daily active addresses recently hit an all-time high, exceeding 1.4 million, a testament to the network’s growing user base. This surge in activity, however, presents a tale of two sides for MATIC. Polygon’s Busy Streets: A Sign Of Growth Or Gridlock? […]

EigenLayer is handing out an extra 100 to 110 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.

[PRESS RELEASE – Zug, Switzerland, May 3rd, 2024] Chronicle Protocol is proud to announce the launch of support for zkSync. Scribe, blockchain’s first fully verifiable and cost-efficient Oracle, is live now on zkSync Era. Chronicle Protocol’s integration of zkSync unlocks decentralized, secure, and resilient price feeds for over 100 dApps already in the ecosystem. Chronicle […]

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