TL;DR On May 31, a massive expiration of Bitcoin and Ether options took place, with a combined value of $8.2 billion, causing concern among investors. The put/call ratio suggests that more long contracts (calls) expired than short contracts (puts), which could impact market dynamics in the coming days. Long positions in BTC futures, with strike […]

On Tuesday, Semler Scientific, Inc. (Nasdaq: SMLR), a medical software company, announced that it had purchased 581 bitcoins for approximately $40 million as part of its “bitcoin treasury strategy.” In the wake of the announcement, some paralleled the company’s strategy to MicroStrategy’s, which has entailed converting almost all of its treasury into bitcoin. Caught my […]

Polygon (MATIC), a Layer-2 scaling solution for the Ethereum blockchain, finds itself in a curious position. Recent data from Messari paints a picture of a network brimming with activity – daily active addresses surging nearly 120%, new user sign-ups exploding by 70%, and daily transactions reaching a staggering 4 million. Yet, beneath this bustling surface […]

With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent […]

United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.”

The host of the Coin Bureau channel, Guy Turner, is offering his price projections for Solana (SOL) competitor Sui (SUI). Turner tells the 2.48 million subscribers of the Coin Bureau YouTube channel that Sui possesses “serious potential” over the long term. On the reasons for his bullish thesis, the Coin Bureau host says, “[Sui] meets […]

TOKYO (Reuters) – Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin, worth about 48.2 billion yen or …

BlockDAG Leads in Transparency with Enhanced Dashboard, Eyes 30,000x ROI as AVAX Climbs & LINK Tokenization Unfolds  Avalanche recently hit a 30-day price apex, fueled by enhanced adoption, key strategic partnerships, and a buoyant market outlook. Concurrently, LINK has experienced a significant rally, propelled by Chainlink’s tokenization efforts and the introduction of eight spot Ethereum […]

Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Nonetheless, […]

Placeholder partner Chris Burniske foresees parabolic growth of crypto adoption few blockchains will be able to handle

Elon Musk and former President Donald Trump are in discussions about cryptocurrency policy as Trump increasingly highlights Bitcoin and other digital assets on the campaign trail, Bloomberg reported today. According to sources familiar with the talks, Trump sees Bitcoin and other cryptocurrencies as a way to appeal to new voters. JUST IN: Elon Musk and Donald […]

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 […]

The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator.

TL;DR From Bitcoin to dApps, blockchain technology has experienced constant evolution, facing new challenges as it develops and seeking tools to solve them. Layer-2 (L2) solutions overlay existing Layer-1 networks to alleviate congestion and reduce transaction costs. Examples include the Lightning Network for Bitcoin and Polygon, Optimism, and Arbitrum for Ethereum. Layer-3 (L3) networks were […]

ConsenSys-backed Layer 2 network – Linea – has extended support to StarkWare’s statement denouncing Matter Labs’ attempts to trademark the term “zero-knowledge” (ZK) in nine countries. Matter Labs, the entity behind zkSync, aims to assert exclusive control over this foundational cryptographic concept, sparking outrage across the industry. Notably, Matter Labs has also pursued the registration […]

A closely followed trader is claiming that no new retail investors are joining the crypto market, but he believes one event could attract the newbies. Pseudonymous trader The Flow Horse tells his 217,800 followers on the social media platform X that it will likely take Bitcoin (BTC) hitting six figures before new retail investors start […]

President Biden has followed through on a promise to veto SEC-related crypto legislation that recently passed the House and Senate. The bill would have reversed guidance from the SEC that says certain companies should label crypto assets as liabilities on their balance sheet, even if they are simply holding the assets on behalf of customers. […]

TOKYO, May 31 (Reuters) – Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin, worth about 48.2 billion …

BlockDAG Dominates as the Leading Layer 1 Crypto with $38M in Presale, Outpacing TRON and Cardano Price Movements  As Cardano gears up for potential market gains and TRON’s founder actively engages the community amid fluctuating prices, BlockDAG makes significant strides with a robust $38M in presale achievements bolstered by endorsements from key influencers. This remarkable […]

The Brazilian State Attorney General has dismissed allegations that Johann Steynberg, the late mastermind of a South African bitcoin ponzi scheme, was granted irregular access to a computer and the internet while in prison. Acting public prosecutor Lauro Machado Nogueira recently released a report stating that evidence from prison authorities contradicted these claims. Additionally, Steynberg, […]

Ethereum cofounder Vitalik Buterin delves into contentious Bitcoin block size war

Renowned commodities trader Peter Brandt predicted Bitcoin could surge 230% against Gold after 12-18 months. JUST IN: Legendary Trader Peter Brandt predicts the #Bitcoin price to rise 230% against Gold. Are you prepared? 🚀 pic.twitter.com/F50fgvm6N1 — Bitcoin Magazine (@BitcoinMagazine) May 31, 2024 Brandt has over 50 years of trading experience and correctly called Bitcoin’s parabolic […]

Investor confidence appears to be on the rise in the crypto market lately, and Bitcoin has been a major beneficiary of this positive trend. Consequently, there has been a continuous accumulation of BTC amongst large-scale investors despite its somewhat frustrating price action. The premier cryptocurrency’s price may have ended May beneath the psychological $70,000 mark, […]

This decision does not affect the ongoing collaboration between 21Shares and ARK Invest on other projects like the ARK 21Shares Bitcoin ETF launched in January.

Do Kwon appears to have reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC). In April, a jury found Kwon and Terraform Labs liable for defrauding investors regarding the stability of the algorithmic stablecoin Terra USD, which de-pegged and collapsed in 2022, causing crypto prices to plummet across the board. The case’s […]

TL;DR Divergent Viewpoints: Ethereum founder Vitalik Buterin revisits the Bitcoin block size debate, contrasting the small block caution against the big block push for Bitcoin to remain true to its original vision as digital cash. Debate Dynamics: Buterin initially supported the “big blockers” who wanted to increase the block size to keep transaction fees low […]

TL;DR Charles Hoskinson, founder of Cardano, commits to resolving payment issues at Intersect, which does not allow the use of ADA. Intersect came under heavy scrutiny regarding its commitment to integrating ADA into its ecosystem due to its initial decision to limit payment options. In response to Hoskinson’s expressed concern, Intersect quickly announced that it […]

Ethereum co-founder Vitalik Buterin donated 30 ETH, valued at around $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through the decentralized fundraising platform Juicebox. According to the on-chain data, the transaction from an address linked to Buterin, named vitalik.eth, was made at 1:58 am EST on May 30 […]

The digital revolution in money transactions brought about by cryptocurrency and blockchain technology could potentially solve this global issue.

Delve into Web3 IP protection basics and utilize strategies for safeguarding your intellectual property.

Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on Cometh’s L3 blockchain, Arbitrum Orbit. Transak Partners With Cometh to Simplify Fiat-to-L3 Crypto Transactions According to the company’s announcement, Transak and […]

Meanwhile, whales have scooped up $112 million worth of DOGE over the past 24 hours