XRP Price Turns Red Again: What’s Next for the Crypto?
www.newsbtc.com

XRP price started a fresh decline after it failed near $0.5570. The price is now correcting gains and might decline heavily if it breaks the 100-hourly SMA. XRP struggled near the $0.5570 zone and trimmed gains. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend […]

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Bitcoin Runes hype fades, transactions plummet 84%
cointelegraph.com

Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?

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Bitcoin and KangaMoon Bulls Take Charge As The Graph Sees An Increase In Buying Action
nulltx.com

The cryptocurrency market is experiencing a resurgence, with established players and rising stars alike making waves. Bitcoin, the leading cryptocurrency, has reclaimed the key level of $70,000, fueling optimism across the board. The Graph (GRT) has capitalized on this momentum with a significant price increase, reflecting renewed investor interest. Meanwhile, the innovative KangaMoon (KANG) project […]

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Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance
news.bitcoin.com

The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for […]

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Peter Schiff Explains Why Bitcoin Bulls Should Be Worried
u.today

Peter Schiff has warned Bitcoin bulls that likely approval of Ethereum ETFs could spell trouble for leading cryptocurrency

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Crypto Miner Argo's Strategy Pay Off in Q1 2024 with Reduced Losses
www.financemagnates.com

Argo Blockchain, a publicly-listed cryptocurrency mining company, announced its unaudited financial results for the first quarter of 2024, which showed an improvement compared to the same period last year. The company reported a revenue of $16.8 million, a 4% increase from the previous quarter, and a threefold reduction in net loss to $3.2 million. Compared […]

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Crypto Analyst Says It’s Time for Altcoins to Rally, Predicts New Bitcoin Breakout Amid Bullish Technical Setup
dailyhodl.com

A closely followed analyst says that altcoins are likely about to spark new rallies while Bitcoin (BTC) decides its next move. Pseudonymous trader Rekt Capital tells his 470,000 followers on the social media platform X that altcoins are at the beginning of the “hype cycle” phase where they find bottoms before making new impulses to […]

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Chainlink Continues to Deepen its Entry into RWA Tokens with New Collaboration
crypto-economy.com

TL;DR Chainlink Collaboration: Chainlink has partnered with Arta TechFin to tokenize real-world assets (RWAs), aiming to make assets like real estate and collectibles tradable on the blockchain. Blockchain Innovation: This initiative could transform the real estate sector by streamlining transactions, which currently take 30 to 60 days in the U.S., and make them more efficient […]

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Michael Saylor Supports Regulatory Framework, Says It’s ‘Good for Bitcoin and Crypto’
cryptonews.com.au

The House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act, with the Bill receiving bipartisan support. Despite some in the community’s misgivings, Bitcoin’s number one fan Michael Saylor believes the Act will benefit the industry and the world. The Bill is set to provide much-needed regulatory framework for the […]

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Nvidia Smashes Earnings Estimates, Fuels AI Boom and Altcoin Run
cryptonews.com.au

Nvidia’s revenue to hit US$28 billion, topping previous forecasts and reflecting robust AI-driven growth. CEO Jensen Huang sees AI as a catalyst for the next industrial revolution, enhancing productivity across industries. AI’s influence extends to the crypto sector, triggering a surge in AI-related cryptos, including the first AI-memecoin. Nvidia has released its most recent sales […]

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OP_CAT and the Infinite Nothing
bitcoinmagazine.com

Introduction You may have heard about re-enabling OP_CAT as a potential upgrade for bitcoin’s script language. Depending on where you get your news OP_CAT has been called “only 10 lines of code”, “the best way to enable experimentation with covenants”, “too powerful”, “dangerous and leading to miner centralization”, or “guaranteed to lead to a contentious […]

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Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building
www.newsbtc.com

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance. DOT gained pace and tested the $7.70 resistance level against the US Dollar. The price is trading above the $7.20 zone and the 100-hourly simple moving average. There is a […]

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How to find a reliable crypto liquidity provider
cointelegraph.com

Learn how to identify trustworthy crypto liquidity providers for secure and efficient trading. Discover key factors to consider and avoid common pitfalls.

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Uniswap Labs Responds to SEC Wells Notice, Calls the Legal Basis “Weak”
cryptopotato.com

Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SEC’s Legal Basis In a blog post […]

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Harnessing <b>cryptocurrency</b> for Africa's financial liberation – Graphic Online
www.google.com

Cryptocurrency adoption in Africa has sparked significant transformations. Across the continent, it is enabling individuals to access financial …

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Ether ETF Applicants Drop ‘Staking’ Provisions in Amended SEC Filings
www.financemagnates.com

As the decision on US Ethereum exchange-traded funds (ETFs) is approaching, BlackRock, Grayscale, and Bitwise amended their applications with the Securities and Exchange Commission (SEC) yesterday (Wednesday), removing the provisions for staking. No Staking Yields for Ether ETFs Staking allows Ethereum holders to earn yield on their holdings, a feature of proof-of-stake cryptocurrencies. Ethereum holders […]

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Analyst Unveils Bitcoin and Ethereum Price Targets, Says Incoming Altcoin Opportunities Will Be ‘Insane’
dailyhodl.com

A widely followed analyst believes that the crypto market is on the verge of witnessing the next leg of its bull cycle. Pseudonymous analyst Kaleo tells his 639,700 followers on the social media platform X that the real bull market has not even started yet. The crypto strategist says that Bitcoin (BTC) is currently in […]

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$582,381,000,000 Added To US National Debt Since January As JPMorgan Chase CEO Issues Warning on America’s Fiscal Future
dailyhodl.com

The US has added well over half a trillion dollars to its national debt since the start of 2024 as the CEO of the world’s largest bank issues a warning on the state of America’s balance sheet. According to new data from the Treasury, as of May 14th, the US national debt grew by $582.381 […]

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Join the Cosmic Revolution: MoonBag Presale Outshines Binance and Cardano
nulltx.com

Are you looking forward to making a foray of investments within the crypto world? Are you ready to participate in the oncoming blockchain innovative wave and looking to make a fortune? Your search ends right here, right now because MoonBag presale is your answer to these questions.  The crypto landscape has been evolving rapidly, and currencies like Binance (BNB) […]

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Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
news.bitcoin.com

Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% […]

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DOGE 12% Up as Close to Half Billion Dogecoin Goes to Coinbase and Robinhood
u.today

Overwhelming amount of Dogecoin transferred to leading exchanges, while DOGE price surged

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White House Eager To Work With Congress On Crypto Framework Bill
bitcoinmagazine.com

Today, the Executive Office of the United States President Joe Biden issued a Statement of Administration Policy on legislation H.R. 4763 – Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: 🇺🇸 White House is eager to work with Congress to develop a "balanced regulatory […]

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Next Big Move For Bitcoin: Analysts Predict A Potential Breakout At $71,500
www.newsbtc.com

Bitcoin, the world’s most popular cryptocurrency, appears poised for a major move, but the direction remains shrouded in mystery. Analysts are divided on whether a bullish breakout or an extended consolidation period lies ahead. Reaching New Highs: Euphoric Bulls On The Horizon? Renowned crypto analyst Checkmate has ignited a spark of optimism with his “Euphoric […]

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Bybit CEO refutes insolvency rumors, shares proof-of-reserves
cointelegraph.com

Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.

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Decentralized Social Network Farcaster Raises $150M; Vitalik Buterin Calls for ‘ZK Likes’
crypto-economy.com

TL;DR Farcaster raised $150 million in a funding round led by Paradigm, raising its valuation to $1 billion. The platform has seen considerable growth since last October, with over 350,000 paid sign-ups and a 50x increase in network activity. Vitalik Buterin suggests implement zero-knowledge (ZK) likes and Farcaster to improve privacy and combat preference falsification. […]

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U.S. Congressman: ‘CBDCs Threaten to Destroy the American Way of Life’
crypto-economy.com

TL;DR Congressman Tom Emmer warns that CBDCs threaten privacy and freedom in the United States. Emmer introduced the “Anti-CBDC Surveillance Law” to prevent the government from implementing these currencies in an invasive manner. Highlights the benefits of decentralized cryptocurrencies like Bitcoin over centralized coins. Congressman Tom Emmer has intensified his opposition to Central Bank Digital […]

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Glassnode Report Suggests Big Price Move Ahead For Crypto, Despite Moderate Capital Flow
cryptonews.com.au

Strong market conditions prompted long-term Bitcoin holders to sell, taking advantage of high prices. Despite initial sell-offs, selling pressure from long-term holders has recently decreased. This easing of selling pressure is likely to strengthen bullish market movements for Bitcoin. Analysts from Glassnode have pointed to strong Bitcoin market conditions which have led to increased selling […]

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Podcast: Is <b>Cryptocurrency</b> a Security (like an orange grove)? | Wiley Rein LLP – JDSupra
www.google.com

In the first episode of the CryptoCounsel at Wiley, hosts Josh Simmons and Frank Scaduto discuss the evolving landscape of cryptocurrency …

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House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
cryptopotato.com

The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final […]

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White House Won’t Veto Passage of FIT21 Despite Opposition From SEC Chair Gary Gensler
dailyhodl.com

The White House has signalled it won’t veto the passage of the FIT21 bill despite U.S. Securities and Exchange Commission Chair Gary Gensler advocating against it. In a new press release, the White House says it does not support HR 4763, also known as the Financial Innovation and Technology for the 21st Century Act (FIT21), […]

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Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally
www.newsbtc.com

An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a post on X, analyst Ali has discussed about a parallel channel that Polygon has been consolidating inside during the last few weeks. […]

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Bitcoin support for MetaMask in the works? Company says ‘stay tuned’
cointelegraph.com

Reports suggest that MetaMask is preparing to support native Bitcoin transactions. The company has not provided a timeline or confirmed the plans.

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