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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Can MoonBag Coin’s 0% Tax and 88% APY Overshadow Solana and Avalanche?
nulltx.com

Have you ever wondered why some cryptos bloom while others stagger? The crypto market is filled with opportunities and risks, as seen with projects like Solana and Avalanche, which face challenges like price volatility and market sentiment. Enter the MoonBag (MBAG) coin, designed to overcome these limitations and offer unique benefits. Unlike many cryptos, MoonBag […]

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Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign
news.bitcoin.com

In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency exchange, is commemorating this milestone with a global campaign to distribute over 5,000 pizzas to crypto traders and enthusiasts. Crypto Exchange Binance Plans to […]

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Elon Musk Issues 'Black Mirror' Warning, Shibarium on Verge of Major Record, Samson Mow Makes Bullish Bitcoin Statement: Crypto News Digest by U.Today
u.today

U.Today’s crypto news digest will not let you miss any of industry’s most important events!

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Ordinals Unleashed: How Ordinals Are Reshaping Bitcoin's Blockchain
bitcoinmagazine.com

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. This article is based on data as of November 15, 2023. The data in this article was prepared by SQRR Research, https://sqrr.xyz Bitcoin, Not Blockchain Bitcoin, not blockchain. This has been a prominent meme throughout the […]

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House to Vote on <b>Cryptocurrency</b> Regulation Bill – YouTube
www.google.com

As the House plans to vote on the crypto framework bill, FIT21, Crypto Council for Innovation CEO Sheila Warren says it's "groundbreaking," even …

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Bitcoin ETF Frenzy is Back! BlackRock’s IBIT Sees Record Inflows
crypto-economy.com

TL;DR BlackRock’s IBIT Leads: BlackRock’s IBIT spot Bitcoin ETF dominated the market with a $290 million inflow, driving up the total net assets of all spot Bitcoin ETFs by 4.29% to $58.91 billion. Bitcoin Price Surge: The influx into Bitcoin ETFs has pushed Bitcoin’s price near its all-time high, with a 17% gain over the last week and a peak of $71,958. […]

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Ethereum ETF Nears Approval: VanEck’s Fund Listed on DTCC
crypto-economy.com

TL;DR VanEck Ethereum ETF Moves Forward After DTCC Listing, although it awaits approval from the SEC for its full launch. Designated as “N” on the DTCC listing, the ETF is not yet active, and is in a preliminary stage subject to regulatory approvals. The update request to US companies by the SEC has generated optimism […]

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Here Is The Historic Price on Bitcoin Pizza Day, What Will Be the 2024 Price?
cryptonews.com.au

May 22 marks Bitcoin Pizza Day, a celebration of the first-ever commercial transaction using the cryptocurrency. On this day in 2010, US man Lazlo Hanyecz purchased two large pizzas using 10,000 BTC. The price of Bitcoin through the years has consistently increased, making Lazlo’s pizzas some of the most expensive cheesy goodness ever purchased.  Today, […]

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US Prosecutors Push for 5-7 Year Prison Sentence for Ex-FTX Exec
cryptopotato.com

Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team asserts that his punishment should reflect his role in exposing the fraud, pushing for a lighter sentence of no more than 18 months. Salame’s Defense […]

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Top Trader Says Ethereum ETF Could Send Altcoins to the Stratosphere – Here’s His Top Pick
dailyhodl.com

A top crypto trader thinks a spot Ethereum (ETH) exchange-traded fund (ETF) approval in the United States could send altcoins “to the stratosphere.” The pseudonymous analyst known as the Flow Horse tells his 216,300 followers on the social media platform X that a spot ETH ETF would make the crypto markets “get crazier.” “Here I […]

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WisdomTree Pioneers UK's First Crypto ETPs: Bitcoin and Ethereum Hit London Stock Exchange
www.financemagnates.com

As cryptocurrency enthusiasts eagerly await the approval of a physically-backed Ethereum (ETH) exchange-traded fund (ETF) in the US, London has also seen a groundbreaking development. The UK’s Financial Conduct Authority (FCA) has approved two crypto exchange-traded products (ETPs) by WisdomTree, which are soon to debut on the London Stock Exchange (LSE). WisdomTree Becomes First Crypto […]

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Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline
www.newsbtc.com

Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline.  Bitcoin Poised To Reach New All-Time Highs Geoff Kendrick, Head of EM […]

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Crypto exchanges form ‘Tech Against Scams’ partnership to combat fraud
cointelegraph.com

Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.

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TRON DAO at DC Blockchain Summit
news.bitcoin.com

PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers […]

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MicroStrategy's Michael Saylor Reacts as Bitcoin (BTC) Price Hits $71,000
u.today

Bitcoin extended its price surge to reach highs of $71,980 in today’s session

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The Wrong Lessons of Pizza Day
bitcoinmagazine.com

The following is an excerpt on Bitcoin Pizza Day from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. Pizza Day is often viewed with a sense of regret. The well-known story goes like this: many years ago, Laszlo Hanyecz bought two […]

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BlockDAG’s Ne Dashboard & X100 Miner’s Capabilities Boost Presale to $30M Amid XRP’s Bullish Forecast & AVAX’s Price Surge
nulltx.com

As XRP hints at a bullish phase in the coming months, Avalanche enjoys a swift 8% uptick from its innovative foray into tokenized wine investments. On the other hand, BlockDAG (BDAG) stands out with its presale bull run, amassing over $30 million, and the innovative tech that promises not just growth but real usability. BlockDAG […]

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Investors Bet Big on TRUMP Token Amid Trump's <b>Cryptocurrency</b> Donation Acceptance
www.google.com

Coin Edition -. PoliFi Token Trump MAGA's (TRUMP) surge creates instant millionaires, but risks loom for late investors.

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Become a Tech Trendsetter with XERA Pro’s Cutting-Edge Projects
cryptopotato.com

The tech world thrives on innovation, and staying ahead of the curve can feel like a constant sprint. But what if you could tap into a network of groundbreaking projects, all pushing the boundaries of blockchain technology? XERA Pro offers just that – a curated platform connecting you with the future of tech. Here’s how […]

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Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level
www.newsbtc.com

Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The […]

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How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit
cointelegraph.com

The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.

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