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 Expectations The Consumer Price Index (CPI) inflation data was announced on May 15 and came in […]

TL;DR Global investment firm Millennium Management reveals its participation in Bitcoin ETFs in the first quarter of 2024. The firm holds around $1.9 billion in BTC ETFs, distributed across various products from different issuers. More than 563 companies report a combined investment of $3.5 billion. Millennium Management, a global investment firm with over $60 billion […]

TL;DR Hedera (HBAR) is experiencing strong momentum due to the increase in new accounts created on its network, generating positive expectations about its growth potential. Its network shows steady growth driven by both the rise in DeFi application usage and the spike in new address creation. HBAR stands out for its ability to host a […]

Bitcoin’s rally boosts MicroStrategy’s stock, which also outperforms BTC itself. MicroStrategy is added to the prestigious MSCI Global Standard Indexes, reflecting wider crypto acceptance. The company’s inclusion in the index marks a significant recognition of cryptocurrencies in mainstream finance. Bitcoin-bull Michael Saylor would have all the reasons to be smiling these days, not only is […]

Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch. ICP Releases New Roadmap […]

The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ […]

The U.S. Secret Service has seized a web domain used in a recent cryptocurrency confidence crime known as “pig butchering.

The US Senate just passed a bill overturning SEC guidelines that disincentivize banks and large financial institutions from holding Bitcoin and crypto assets. The legislation, which succeeded in the House last week, has now passed the Senate in a 60-38 vote and is headed to President Biden’s desk. The bill reverses an SEC accounting rule […]

May 16, 2024 – Zug, Switzerland Web 3.0 data access layer Subsquid has confirmed that its SQD token is to list on several tier-one crypto exchanges. The native Subsquid token will be simultaneously listed on Gate.io, Bybit, KuCoin, CoinList and MEXC Global on May 17, 2024. Markets for trading SQD will open at 1:00 a.m. […]

Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.

Following another rejection, Floki paused buying earlier today and pulled back on the lower timeframe. But it appeared to be rising back after increasing by 3% increase in the past hours – looking for a breakout.  So far, Floki has registered notable gains since it started to show signs of strength some weeks back. It […]

Michael Saylor delivers surprising Bitcoin declaration amid meme coin mania

The cryptocurrency exchange Bybit has experienced significant growth over the past year and, after five years of operation, has surpassed 20 million users. However, its expansion is not as dynamic in some regions due to local regulatory challenges. One such example is France, where the local financial commission, AMF, blacklisted Bybit two years ago. Now, […]

Vanguard, one of the world’s largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock’s ETF business and helped launch its spot bitcoin ETF, IBIT in January. JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former Blackrock’s #Bitcoin ETF lead. Earlier, Vanguard refused to offer BTC ETF 👀 […]

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 decline has ignited a debate among analysts, with some sniffing out a fire sale and others urging caution. Bitcoin: Hashrate […]

… cryptocurrency addresses and foreign cryptocurrency exchanges, prosecutors say. After allegedly stealing the crypto, it is claimed the brothers …

A closely followed crypto analyst predicts one Ethereum (ETH) competitor is about to have a massive breakout against Bitcoin (BTC). Pseudonymous trader Kaleo tells his 638,000 followers on the social media platform X that the smart contract platform Avalanche (AVAX) could soar against BTC by more than 84% from its current value. “AVAX/BTC: I might […]

TL;DR Blast L2 Airdrop Postponed: The anticipated BLAST token airdrop by Ethereum layer-2 solution Blast has been delayed from May to June 26, with an increased distribution share to compensate for the wait. Token Distribution Strategy: Half of the BLAST tokens will be allocated to developers as Blast Gold points to encourage dApp innovation on the […]

Coinbase is planning to launch a service to allow Aussie investors to more easily allocate digital assets to their self-managed superannuation funds. Coinbase Asia Pacific General Manager, John O’Loghlen, says the offering targets investors wanting to make one-off allocations to their super fund. Coinbase, the largest US-based crypto exchange, is planning to target Australia’s self-managed […]

[PRESS RELEASE – London, United Kingdom, May 16th, 2024] Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network […]

PRESS RELEASE. Beijing, China – May 16th, 2024. RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The […]

BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.

Top analyst predicts that Ethereum (ETH) is on brink of substantial price recovery

After locating solid support for two weeks, Sol resurged today and flipped through the $150 level to where it trades near a key resistance level. Breaking through this resistance should foster a fresh bullish sentiment. Following this month’s recovery from a low of $120 to a high of $159, Solana faced rejection again and pulled […]

Chicago Mercantile Exchange (CME), known for operating one of the largest US-based futures exchanges, is planning to offer spot Bitcoin trading to its clients, according to a report by the Financial Times. CME Expansion in Crypto Markets Although not officially confirmed or commented on by the exchange, the plans to offer Bitcoin trading came when […]

El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country’s total bitcoin holdings to 5,750 BTC valued at over $360 million. JUST IN: 🇸🇻 El Salvador mined nearly 474 #bitcoin worth $29 million using volcano-fueled geothermal power […]

The Shiba Inu (SHIB) price has exhibited a notable increase, rising by 6.5% in the last 24 hours and 12.5% over the past week, marking a significant shift towards bullish momentum. Technical analysis of the daily SHIB/USD chart reveals a descending trend line where price has been rejected on every single daily close for the […]

Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the Commodity Futures Trading Commission (CFTC). “Money mule” scams involve criminals tricking people into sending and receiving money into their bank accounts, digital wallets, or spot-market crypto trading accounts as part of their supposed job responsibilities. […]

Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is a measure of the average change over time in the prices paid by urban consumers for a market basket of […]

The world's most important financial centre must lead on protecting crypto investors and consumers, says Michael Gronager.

Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.

Bitcoin’s price actions were quite underwhelming for days but the substantial ETF flows as well as the positive US CPI numbers resulted in massive gains that propelled the cryptocurrency to a 3-week peak of over $66,000. The landscape with the altcoins is quite similar, with most turning green on a daily scale. ETH is above […]