Layer 1 News: BlockDAG’s 2024 Roadmap Ignites Market Excitement Amid Polkadot Upgrades & Toncoin Price Surges
nulltx.com

BlockDAG (BDAG) has recently enhanced its 2024 roadmap, setting ambitious goals to fortify its technology stack and widen its influence in the cryptocurrency market. The updated strategy highlights three major focuses: developing next-gen blockchain technologies, launching the BlockDAG Scan explorer, and improving the X1 Miner application. With over $25 million raised in its presale, now […]

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Mark Cuban Blasts Gary Gensler, Says SEC Chair Has Not Protected Single Crypto Investor Against Fraud
cryptonews.com.au

Billionaire Mark Cuban is calling out the chair of the U.S. Securities and Exchange Commission (SEC), saying that the regulatory agency has yet to protect a single crypto investor against fraud. In a new message on the social media platform X, the business magnate says SEC Chair Gary Gensler’s tough stance against the crypto industry […]

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Canada’s Financial Regulator Fines Binance Holdings $4,300,000 Over Alleged Anti-Money Laundering Failures: Report
cryptonews.com.au

Regulators in Canada have reportedly fined Binance millions of dollars after the crypto exchange allegedly failed to comply with anti-money laundering and terrorist financing laws. According to a new report by Reuters, The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is penalizing the world’s largest crypto exchange platform by volume after it failed […]

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Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks
cryptopotato.com

Marathon Digital, a Bitcoin mining company, fell short of revenue expectations set by Wall Street analysts in the first quarter 2024 report. The firm cited adverse weather conditions and equipment malfunctions as contributing factors to the lower-than-expected performance. Marathon Digital Faced Production Setbacks Despite a year-on-year revenue growth of 223% to $165.2 million, as disclosed […]

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Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million 
news.bitcoin.com

On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by the same individual. Dormant for a Decade: Bitcoin Wallets […]

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Unfolding Saga: Nigeria's Battle with <b>Cryptocurrency</b> – The Crypto Times
www.google.com

Things are getting very tough for cryptocurrency companies operating in Nigeria as the Nigerian government is taking strong action against them.

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$81,000 Drained From Wells Fargo Account, Sent To Citibank – Victim Says She Received No Alerts, No Care, No Compensation
dailyhodl.com

A woman who discovered tens of thousands of dollars missing from her Wells Fargo account says the financial giant is failing to protect its customers. The victim, who wants to remain anonymous to protect her identity, says thieves looted more than $81,000 from her account via electronic transfers, reports FOX News Memphis. The woman says […]

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DOJ Appoints Consulting Firm for Three-Year Monitoring Role of Crypto Exchange Binance: Report
dailyhodl.com

The U.S. Department of Justice (DOJ) has reportedly appointed a London-based consulting firm to serve as an outside monitor for Binance after the world’s largest crypto exchange pleaded guilty to violating US anti-money laundering (AML) regulations and sanctions laws. People familiar with the matter but wanted to remain anonymous say the DOJ has selected Forensic […]

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“Extreme Rally” Ahead for Crypto, Top Trader Claims
u.today

The cryptocurrency market might experience “an extreme rally” later this year, according to trader Henrik Zeberg

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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
www.newsbtc.com

Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs.  According to crypto analytics platform Santiment, the thrill of scooping […]

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Sam Altman thinks giving everyone ‘a slice of GPT’ could pay for UBI
cointelegraph.com

He also reiterated his call for an international safety agency to protect against existential threats related to AI.

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AKASH NETWORK PRICE ANALYSIS & PREDICTION (May 12) – AKT Sees Full Recovery, Looking Set For A Massive Explosion
nulltx.com

AKT has registered a notable gain since the start of the month, gaining traction in the continuation of its recent recovery from a short correctional phase. Following the latest increase, it is currently the market’s top gainer following a 45% weekly jump. The past two months saw AKT through a serious reduction as the crypto […]

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<b>Cryptocurrency</b> Game-Changer: $NFTFN Expected to Leapfrog Over Arbitrum! – BSC News
www.google.com

The NFTFN platform offers a comprehensive trading arena allowing perpetual trading of various assets, creating an all-encompassing trading …

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Kraken Asks Court To Dismiss SEC Claims Alleging the Crypto Exchange Operated As Unregistered Securities Broker
dailyhodl.com

The crypto exchange Kraken is pushing back against claims made by the U.S. Securities and Exchange Commission (SEC). In November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. Earlier this year, Kraken filed in US District Court to dismiss those charges, and the company […]

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Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)
cryptopotato.com

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden […]

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Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
news.bitcoin.com

Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has […]

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'Asia's MicroStrategy' Metaplanet Tops up Bitcoin Portfolio in Latest Purchase
u.today

Japan’s Metaplanet tops up Bitcoin portfolio in latest purchase

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Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?
www.newsbtc.com

Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145. Analysts warn of a potential freefall, citing both external market forces and internal ecosystem woes. Solana’s Descent: A Shooting […]

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Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
cointelegraph.com

She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”

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ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (May 12) – Ordi Remains Weak, Still Finding A Key Solid Level
nulltx.com

Ordi is still following a negative sentiment due to recent bearish market behaviour. While searching for a solid support level, it has shed roughly 53% loss so far, occupying the top losers’ spot on a weekly scale. The past two months have been an ugly moment for Ordi as it continued to witness back-to-back losses […]

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Bitcoin and crypto have a lot of terms. We've got a glossary for what you need to know
www.google.com

Cryptocurrency is a digital asset that relies on cryptography to facilitate secure financial transactions. It is decentralized and operates on a …

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Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When
www.newsbtc.com

Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto.  When Bitcoin Will Hit $1 Million In an interview with Pirate Wires, Dorsey mentioned that BTC […]

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US Treasury Accused of Spying on Americans’ Bank Transactions in Secret Surveillance Program As Secretary Yellen Confirms ‘Communications Took Place’
dailyhodl.com

US Treasury Secretary Janet Yellen is responding to accusations that the US government and more than a dozen financial institutions have teamed up to spy on Americans’ private bank transactions. The House Judiciary Committee recently published a memo accusing the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) of urging banks to surveil their customers’ transactions […]

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Crypto Is A Major Election Issue For 20% Of Voters: DCG Survey
cryptopotato.com

Crypto is emerging as a hot topic in the U.S. presidential election this year, with many voters looking forward to hearing their candidates takes on the asset class. Per a Digital Currency Group (DCG) survey of 1201 registered voters conducted last month, about one in five voters view crypto as a major issue in the […]

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Robert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’
news.bitcoin.com

Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” He added that he could see this crisis coming for years, which is why he has adopted a […]

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SHIB Secures Second Spot in MarketVector's Meme Coin Index, Ripple CTO Breaks Silence as to Whether He Is Satoshi: Crypto News Digest by U.Today
u.today

Keep an eye on the latest updates in the crypto industry with U.Today’s news digest!

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SEC, Ripple case nears conclusion, Grayscale withdraws ETF filing, and more: Hodler’s Digest, May 5-11
cointelegraph.com

SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years.

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Decentralized Cloud Computing Altcoin Skyrockets in Price After Completion of Successful Mainnet Upgrade
dailyhodl.com

A decentralized cloud computing altcoin has surged by 44% since it completed a mainnet upgrade on May 2nd. Akash Network (AKT) is trading at $5.76 at time of writing, up from around $4.00 prior to rolling out its “Mainnet 11” version earlier this month. The 73rd-ranked crypto asset by market cap is also up nearly […]

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What You Need to Know to Maximize Your r/<b>CryptoCurrency</b> Moons $MOON Airdrops
www.google.com

r/CryptoCurrency Moons Airdrop refers to the distribution of r/CryptoCurrency Moons tokens to early adopters and supporters.

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‘Jeo Boden’ Meme Coin Soars 20% After Trump Diss – Details
www.newsbtc.com

The memecoin “Jeo Boden” has taken the crypto world by storm, riding on the back of a lukewarm comment from former US President Donald Trump. The whimsical cryptocurrency, a playful misspelling of President Joe Biden’s name, experienced a huge increase after Trump mentioned it at an NFT event in Florida. What was once a subject […]

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Bitcoin repeats '2016 history perfectly' amid $350K price prediction — Traders
cointelegraph.com

Bitcoin’s price chart is resembling that of just weeks after the 2016 halving as it hovers around a local bottom, according to crypto traders.

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BlockDAG Dominates Top 4 Altcoins for 2024 Bull Run
nulltx.com

4 Best Altcoins for 2024 Bull Run: BlockDAG Leads with CoinMarketCap Listing and Piccadilly Circus Show, Chosen Over TRON, NEAR, & ATOM Altcoins offer exciting opportunities for investors seeking substantial returns. However, caution is necessary to dodge unsuccessful ventures. As cryptocurrency values are prone to fluctuation, focusing on altcoins with strong growth prospects is essential. […]

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