Solana to Hit $1,000? Analyst Makes Bullish Call Despite Recent Downturn
www.newsbtc.com

Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top cryptocurrencies. Market dominance for SOL sits at 3.04%. Analyst Bullish On Solana, Predicts Meteoric Rise Prominent crypto analyst Trader Tardigrade […]

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Google blames users for wildly inaccurate ‘AI Overview’ outputs
cointelegraph.com

Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand.

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$1,800,000,000,000 Bank Says Customers’ Personal Information Has Been Exposed and Accessed in Mysterious Data Breach
dailyhodl.com

One of the largest banks in the world says a data breach has exposed information on both its customers and employees. In a statement, Santander says it’s aware of “unauthorized access” to a third-party database containing information on an undisclosed number of customers and employees. The bank, which has $1.8 trillion in total assets and […]

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Spot Ethereum ETF Approval Could Send ETH to a New Record High, Says Bitwise CIO Matt Hougan
cryptonews.com.au

The chief investment officer of crypto fund manager Bitwise is predicting new all-time highs for Ethereum (ETH) if spot ETH exchange-traded funds (ETFs) are ultimately approved. Earlier this week, the U.S. Securities and Exchange Commission (SEC) approved a rule change that sets the stage for the potential green lighting of spot market Ethereum ETFs. In […]

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Bitcoin Is Currently out of the ‘Danger Zone,’ According to Crypto Analyst – But There’s a Catch
cryptonews.com.au

A closely followed crypto analyst says that Bitcoin (BTC) is no longer in the “danger zone,” when there is a likelihood of a dip below its range low. Pseudonymous trader Rekt Capital tells his 472,200 followers on the social media platform X that while the “danger zone” has passed, Bitcoin could still dip about 13% […]

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3 Reasons Why Ethereum Is Not Going to Moon After ETF Approval
u.today

Ethereum’s price did not do what many expected

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Uniswap (UNI) Skyrockets by 20% Daily, Pepe (PEPE) Charts New All-Time High (Market Watch)
cryptopotato.com

Bitcoin’s price experienced some enhanced price fluctuations in the past few days, going down to under $66,500 before jumping to just over $69,000 last night. The altcoins are also slightly in the green on a daily scale. UNI has taken the main stage with a massive 20% surge that has driven it to over $10, […]

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1 Top <b>Cryptocurrency</b> Will Soar 116%, According to Standard Chartered. Is It a Buy?
www.google.com

He argued that the approval would inspire large money inflows into the Ethereum cryptocurrency, similar to the inflows that followed after the …

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Prepare For Impact: Market Expert Says Biggest Disaster In Crypto Yet To Come
www.newsbtc.com

Veteran crypto trader, Peter Brandt has issued a warning to the broader crypto community, stating that the industry has yet to experience its biggest disaster. Brandt boldly predicts that this catastrophe will be linked to cryptocurrency staking and the people involved in it.  Staking Could Lead To Crypto’s Greatest Disaster In an X (formerly Twitter) […]

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Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
cointelegraph.com

Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

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Binance Announces Upcoming Support for New DeFi Altcoin on the Megadrop Token Launch Platform
dailyhodl.com

Crypto exchange Binance just unveiled the second digital asset that will be supported on its new token launch platform. In April, the crypto titan launched Binance Megadrop, a platform with airdrops and Web3 quests that gives users early access to assets that are not yet listed on its exchange. The first crypto project on the […]

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Ethena (ENA) 2024-2030 Price Forecast; How the Crypto Market Will Treat the Newcomer?
crypto-economy.com

TL;DR Ethena’s Emergence: Ethena (ENA) is a new DeFi project with a dual-token system aiming to provide stablecoin options and DeFi services, backed by industry leaders and predicted to be a beacon of innovation in the cryptocurrency market. Price Predictions: Price forecasts for ENA from 2024 to 2030 show a wide range, with optimistic scenarios […]

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SEC Approves Ethereum ETFs Amid Speculation And Market Movements
nulltx.com

The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading can begin. Bloomberg analyst James […]

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Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
news.bitcoin.com

Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 (self-hosted […]

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FTX Paid More Than $25,000,000 in Hush Money to Whistleblowers, According to Court Examiner
cryptonews.com.au

The bankrupt crypto exchange FTX paid more than $25 million worth of hush money to whistleblowers before collapsing in November 2022, according to a new report from a court-appointed examiner. Earlier this year, the U.S. Department of Justice (DOJ) tapped Robert J. Cleary, a lawyer who served as the lead prosecutor on the Unabomber case, […]

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Cardano Creator Takes Dig at Bitcoin as ADA Makes It to Everest Sooner
u.today

Cardano founder Charles Hoskinson highlights ADA’s earlier summiting of Everest, taking jab at Bitcoin

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Singaporean Woman Sentenced in £3 Billion Bitcoin Fraud Case
www.financemagnates.com

Singaporean woman, Wen Jian, has been sentenced to six years and eight months in prison by a London court for her role in laundering Bitcoin (BTC) tied to a staggering $6.4 billion Chinese fraud. The case, which involved the seizure of over 61,000 BTC by the UK police, has shed light on the growing prevalence […]

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Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode
www.newsbtc.com

Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over $73,000, with recent attempts peaking above $71,000 earlier this week, the price has since receded to approximately $68,231 at the time of writing. This retracement marks a 7.3% drop from its […]

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BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
cointelegraph.com

After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”

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Spot Bitcoin ETFs Rake In Nine Consecutive Days of Inflows Totaling Over $1,750,000,000
dailyhodl.com

New data reveals that spot market Bitcoin (BTC) exchange-traded funds (ETFs) have brought in nine straight days of inflows totaling over $1 billion dollars. According to data from London-based investment firm Farside Investors, BTC ETFs have seen positive inflows every day since May 14th, totaling more than $1.75 billion. May 15th and May 21st marked […]

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Blockchain Gaming Altcoin Axie Infinity Flashing Signs of Potential 194% Surge, Says Crypto Trader – Here’s Why
dailyhodl.com

The blockchain gaming altcoin Axie Infinity (AXS) is flashing signs that it could be ready to take off on a massive surge upwards, according to a popular crypto trader. The analyst Ali Martinez tells his 62,600 followers on the social media platform X that it looks like AXS is forming an inverse head-and-shoulders pattern on […]

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Cat-Themed v. Dog-Themed Meme Coins: ChatGPT Analyzes Which Will Perform Better in 2024
cryptopotato.com

TL;DR Dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) dominate due to strong communities and endorsements, while cat-themed ones like Popcat (POPCAT) are gaining interest but remain less popular. Pepe (PEPE) has recently surged and could also become a top meme coin this year with continued community support and strategic developments, though investors […]

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Kabosu, the face of <b>cryptocurrency</b> Dogecoin, dies at 18, owner says – ThePrint
www.google.com

Kabosu became recognizable as the face of Dogecoin, an alternative cryptocurrency that began as a satirical critique of the 2013 crypto frenzy. Show …

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Significant Ethereum Ecosystem Token Withdrawals Signal Market Moves
nulltx.com

In a notable trend, $76.95 million worth of six Ethereum ecosystem tokens—$LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE—have been withdrawn from centralized exchanges (CEX) by fresh wallets and first-time accumulators in the past week. $76.95M worth of 6 #Ethereum ecosystem tokens, $LDO, $ENS, $ENA, $PEPE, $UNI, and $AAVE, have been withdrawn from CEX by fresh […]

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Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation
news.bitcoin.com

As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase […]

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Dfinity Foundation Launches EVM RPC to Connect ICP Smart Contracts with Ethereum-Compatible Chains
crypto-economy.com

TL;DR Cross-chain interactions made easier: Dfinity Foundation’s new API, EVM RPC, allows ICP smart contracts to directly interact with popular Ethereum Virtual Machine (EVM) compatible chains like Arbitrum and Optimism. This removes the need for complex bridges and wrapped tokens. Boosting DeFi with better interoperability: EVM RPC is a game-changer for blockchain interoperability. Previously, developers building […]

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Massive Optimism, SUI, and dYdX Token Unlock Coming Next Week: What Can Happen?
crypto-economy.com

TL;DR Major token unlocks from Optimism, dYdX, and Sui are coming: These projects, along with others, are releasing a combined total of over $376 million worth of tokens in the next few weeks. This surge in circulating supply could lead to price volatility in the crypto market. Impact on individual tokens depends on various factors: Projects with […]

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XRP Price Prediction for May 24
u.today

Can traders expect upward move of XRP by end of week?

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Bank Employee Steals $2,100,000 From Customers, Spawns Web of Unauthorized Transactions and Illicit Accounts: DOJ Indictment
dailyhodl.com

The U.S. Department of Justice (DOJ) is accusing a bank employee of creating a web of unauthorized transactions and illegal accounts, stealing more than $2.1 million from customers. In a 17-count indictment, the DOJ says it’s charging Yue Cao of Winfield, Illinois, with alleged bank fraud, aggravated identity theft and engaging in monetary transactions in […]

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‘I Feel Super Confident About That’: Jack Mallers Says Bitcoin To Explode by up to 1,357% – Here’s the Timeline
dailyhodl.com

The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, is predicting that the flagship crypto asset could hit a seven-figure price. Mallers says in a new interview with Anthony Pompliano that Bitcoin could soar between 260% and 1,357% in the coming months. “I think we’re still so early in the Bitcoin story. […]

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Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch
www.newsbtc.com

The Bitcoin price is now back down to $67,000 after touching above $71,000 earlier in the week. Given the circumstances surrounding the price recovery and subsequent decline, it has led to crypto analysts breaking out the technical indicators to figure out where the price is headed next. One crypto analyst, in particular, has identified that […]

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Marathon Digital enters renewable energy partnership with Kenyan gov’t
cointelegraph.com

Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.

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