Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from […]
Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.
A widely followed analyst and trader is expressing bullish sentiment on a leading memecoin while updating his outlook on three other crypto assets. The analyst pseudonymously known as Kaleo tells his 638,400 followers on the social media platform X that Dogecoin (DOGE) is “about to rip”. On the largest memecoin by market cap, the widely […]
A closely followed crypto strategist believes one Top-50 artificial intelligence (AI)-related altcoin is preparing to witness big rallies in the coming months. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that Render (RNDR), a project related to Graphics Processing Units (GPUs), will likely hold a range low as support. […]
When considering which cryptocurrency to invest in, the obvious step is to compare which coin offers the most for your investment. Industry experts say that comparing old and new coins is the best way to make a decision. With MoonBag coins already decreed as the top meme coin of 2024, where do Avalanche and […]
[PRESS RELEASE – Dubai, United Arab Emirates, May 17th, 2024] Penguiana’s presale, the penguin-themed Solana meme coin, has now surpassed 1,500 SOL. The team believes this achievement underscores the growing interest surrounding Penguiana within the crypto and meme coin communities. Inspired by the playful and communal nature of penguins, Penguiana is more than just another […]
The value of all existing cryptocurrency is $2.33 trillion, according to Bankrate. Cryptocurrency, such as Bitcoin, is a digital currency created …
Polkadot (DOT) has come under the spotlight with crypto analysts laying out bullish narratives for the crypto asset. One of them is crypto expert Michaël van de Poppe, who believes Polkadot could rise to as high as $25 in this bull run. Polkadot Could Reach $25 On Next Leg Up Michaël van de Poppe mentioned […]
TL;DR Kraken’s Deliberation: Kraken is considering the delisting of Tether (USDT) in the EU due to the upcoming MiCA regulations, which impose strict rules on stablecoins, potentially reducing market diversity. MiCA’s Impact: The MiCA framework aims to regulate stablecoin providers with stringent governance and reserve management, limiting large stablecoin transactions to 200 million euros per day, affecting liquidity and flexibility. Regulatory […]
Analyst and trader Jason Pizzino believes that Bitcoin (BTC) is gearing up for a big upside move en route to fresh all-time highs. Pizzino tells his 326,000 YouTube subscribers that the Bitcoin bull market is just taking a breather as it consolidates below its immediate resistance at around $69,000. According to the analyst, it is […]
After five years of drama and dozens of rejections, ETFs (exchange-traded funds) based on Bitcoin’s spot price have finally been approved. A total of 11 ETFs are making their market debut, allowing US investors to gain exposure to Bitcoin (BTC) without directly owning the cryptocurrency itself. While this could see billions of dollars flow into […]
Smart NAV by DTCC and Chainlink aims to bring trusted data to blockchain networks
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.
Decentralized oracle network Chainlink (LINK) is skyrocketing after completing a fund tokenization pilot with the Depository Trust and Clearing Corporation (DTCC). According to a new press release, the DTCC has developed a new pilot program, known as Smart NAV, which utilizes both the firm’s digital asset capabilities as well as Chainlink’s data feeding and interoperability […]
A senior analyst with crypto intelligence platform K33 Research says investments in spot Bitcoin (BTC) exchange-traded funds (ETFs) are surging. In a post on social media platform X, Vetle Lunde says that the number of professional firms that invested in Bitcoin ETFs in Q1 outpaced the number of firms that invested in gold ETFs in […]
The Nigerian fintech firm Flutterwave claimed on May 16 that it had foiled an attempt to breach its payments platform. Flutterwave asserted that the “unauthorized activities inconsistent with usual customer behavior” did not compromise users’ funds or data confidentiality. According to one report, over $7 million was siphoned from Flutterwave following a cyberattack in April. […]
Are you primed to venture into the unchartered territory of the crypto universe? This is a place where innovation aligns with opportunity. While Cardano (ADA) contends with selling pressure and Ripple (XRP) is entangled in legalities, a new competitor named MoonBag (MBAG) surfaces. This platform’s goal is to turn the crypto meme world upside down. […]
For Immediate Release. U.S. Attorney's Office, Eastern District of New York. Defendant Admits Bilking Real Estate and Cryptocurrency Investors Out …
Rusty Russell, lead Lightning developer for Blockstream, is spearheading an ambitious initiative known as the Bitcoin script restoration project. This effort aims to restore and expand the functionality of Bitcoin’s script language, which was significantly limited in the early days of Bitcoin due to security concerns. In a recent interview with Bitcoin Magazine, Russell elaborated […]
VeChain (VET), a blockchain platform focused on supply chain management, is stirring excitement in the crypto’s fan base. After a period of consolidation, VET is experiencing a surge in investor confidence, buoyed by a recent price increase and positive technical indicators. However, analysts remain cautious, highlighting the inherent volatility of the crypto market and the […]
One widely followed crypto analyst believes digital assets are on the precipice of a prosperous new era. Crypto trader Michaël van de Poppe tells his 718,500 followers on the social media platform X that better times are ahead for the markets. “This might be the final easy rally to change your life with crypto. If you have […]
The “basic laws of supply and demand” are primed to act in Bitcoin’s (BTC) favor, according to a popular crypto analyst. The trader Ali Martinez tells his 62,300 followers on the social media platform X that Bitcoin flooded the market after the top crypto asset hit an all-time high of more than $73,700 in March, […]
Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddit’s stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced […]
Former Binance CEO CZ has reemerged on social media to highlight successful five-year-old Bitcoin prediction
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a “fictitious” cryptocurrency” wallet after promising significant gains.
TL;DR Surging Volumes: Bitcoin ETFs have seen a remarkable $5.65 billion in daily volume, indicating a revival in market activity and investor confidence as Bitcoin’s price nears $67,000. Institutional Interest: There’s a notable trend of consecutive net inflows into US spot Bitcoin ETFs, with BlackRock’s IBIT leading the pack. Over 937 professional firms have invested in these ETFs, showcasing the growing […]
We do the research, you get the alpha! Go to Alpha Reports Chainlink’s LINK token has soared as much as 18.8% after DTCC, the biggest settlement and clearinghouse in the U.S., announced it had just concluded a tokenization pilot with Wall Street giants like JP Morgan and BNY Mellon, leveraging Chainlink’s CCIP. Chainlink is a […]
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed “Crypto King,” is charged with fraud over $5,000 and laundering […]
A former bank executive is facing decades behind bars for abusing her position to embezzle more than a million dollars. The U.S. Attorney’s Office for the Western District of Missouri says Stacia Wilson has pleaded guilty to one count of bank fraud. Wilson, who worked as vice president at St. Clair County State Bank in […]
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link as it trades within a […]
This marks the first instance of standalone cryptocurrency legislation this session of Congress and represents an unusual bipartisan move, with a …
According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju’s analysis comes amid BTC’s current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first […]