Going Bankless: Bitcoin Offers The Ultimate Financial Freedom
bitcoinmagazine.com

It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of this concept before. But do you know exactly how that works and why Bitcoin is more suitable as a store of value than your bank? To get the […]

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This Week’s Crypto Watchlist: Top Coins Poised For Gains
www.newsbtc.com

In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging AI-driven altcoin sector, and specific tokens that are displaying considerable potential due to recent developments and broader market dynamics. Bitcoin […]

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SEC’s Gary Gensler is getting irked being asked about crypto
cointelegraph.com

SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.

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AI and Web 3.0 – a Risky Convergence of Technologies
dailyhodl.com

HodlX Guest Post  Submit Your Post   The advent of strong AI, or AGI, no longer seems like something coming out of a sci-fi book – it’s increasingly becoming our reality. Naturally, this trending topic has influenced the Web 3.0 space, prompting companies and investors to focus on AI integration. Remember the initial crypto boom when […]

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Bitcoin Parabola Becoming Obvious As BTC Indicators Flip Bullish, Says Crypto Trader – Here’s His Outlook
dailyhodl.com

A popular crypto trader thinks that the most recent correction allowed Bitcoin (BTC) to solidify the final base of its multi-month parabolic ascent. Analyst Kevin Svenson tells his 144,300 followers on the social media platform X that Bitcoin may have just completed base four of its parabolic curve pattern. The crypto strategist shares a chart […]

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Youtuber Triggers BDAG’s $20 Valuation by 2027, Beats BNB & Shiba Inu Price
nulltx.com

BlockDAG Targets $20 Valuation By 2027 As ‘Blockchain World’ Boosts Presale, Outshining Bitcoin Cash and Amidst Shiba Inu’s Rally The cryptocurrency scene is witnessing varied dynamics: Shiba Inu’s price hints at potential growth despite recent declines, while Bitcoin Cash holders grapple with market resistance.  Amidst this, BlockDAG stands out with significant momentum, bolstered by the […]

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SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
news.bitcoin.com

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […]

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5.21 Million Dogecoin (DOGE) Addresses Enter Profit as Price Eyes $0.5
u.today

Dogecoin (DOGE) profitability hits 82%, highest level in weeks

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MultiBank.io Unveils Gamified Mission Center Rewarding <b>Cryptocurrency</b> Trading
www.google.com

Extensive Cryptocurrency Selection: MultiBank.io offers a wide range of cryptocurrencies, including spot and derivatives trading, with leverage …

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Gary Gensler Continues to Show His Ignorance: “Crypto is an outsized piece of the scams, frauds, and problems”
crypto-economy.com

TL;DR Gary Gensler criticizes the lack of transparency in the crypto market, showing ignorance about its benefits. It highlights the lack of required disclosures for investors in the market. The SEC is taking action against entities such as Robinhood and Trump Media’s auditor for alleged irregularities. Gary Gensler, chairman of the United States Securities and […]

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Ethena Labs Integrates USDe as Collateral on Bybit for High-Yield Trading: ENA Token Soars
crypto-economy.com

TL;DR USDe is integrated into Bybit as collateral for perpetual trading and commission-free BTC and ETH spot pairs. Ethena users will be able to capture potential yields and access Bybit’s “Earn” platform with USDe. This integration represents a significant shift in capital efficiency and opens up new opportunities in the cryptocurrency market. The integration of […]

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Analyst Predicts Bull Market Peak Could Be as Early as December
cryptonews.com.au

Bitcoin was advancing 260 days ahead of its halving cycle in March 2024, but recent consolidation reduced this to 210 days, indicating a slowdown. If current trends continue, the next bull market peak may extend from mid-December 2024 to early March 2025, following previous durations above all-time highs. RektCapital suggests two models: one predicting a […]

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Analysts Warn: High Risks and Persisting Bearish Views Shadow Market’s Tentative Recovery
cryptonews.com.au

Swissblock analysts suggest a potential shift to a bullish Bitcoin scenario amid USD decline, but caution that bearish risks persist.  The US Dollar Index’s drop influences Bitcoin’s performance, with no rate cuts expected soon, tempering BTC gains.  Fellow Swissblock analyst Henrik Zeberg warns of a possible severe market crash akin to 1929, predicting a market […]

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Botanix Labs Secures $11.5 Million Funding to Develop Bitcoin-Native DeFi Ecosystem
bitcoinmagazine.com

Botanix Labs, a Bitcoin development startup based in New York and founded at Harvard, has announced a significant funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by prominent investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovey Wan, Eric Wall and others, will […]

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Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price?
www.newsbtc.com

Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of the current uptick. While a recent surge in active addresses hints at renewed interest, technical indicators and declining trading […]

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Bitcoin trader flags key levels as BTC price attacks $64K liquidity
cointelegraph.com

BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher.

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Macro Expert Names Four Catalysts That Could Trigger ‘Historic’ Stock Market Melt-Up This Year
dailyhodl.com

David Hunter, the chief macro strategist at Contrarian Macro Advisors, thinks the stock market could be on the verge of a “historic” rally. In a new interview with journalist David Lin, Hunter outlines the catalysts he thinks will drive a jump in equities prices. “Part of the melt-up will be lower rates. I think we […]

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Whale That Bought Bitcoin in 2014 Moves $43,940,000 in BTC After Sitting Dormant for Over Decade: On-Chain Data
dailyhodl.com

A crypto whale is being noticed for suddenly moving tens of millions of dollars in Bitcoin (BTC) from a long-dormant wallet. According to blockchain tracking firm Lookonchain, the deep-pocketed crypto investor completely emptied their wallet that had contained 687.33 Bitcoin for more than a decade. “A wallet that has been dormant for 10.3 years transferred […]

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Chainlink Chosen as Technology Partner for HKDR Hong Kong Dollar Stablecoin
cryptopotato.com

On May 7, the crypto oracle solutions provider announced that RD Technologies was integrating Chainlink CCIP and Proof of Reserve to power its Hong Kong dollar stablecoin. Chainlink’s Cross-Chain Interoperability Protocol will be integrated to enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Additionally, the firm is also […]

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BDAG’s Roadmap Surges, Eclipsing XRP & Shiba Inu Predictions
nulltx.com

BlockDAG’s Enhanced Roadmap Boosts Investor Confidence in BlockDAG’s $600M Presale Amid XRP and Shiba Inu Market Volatility As the cryptocurrency sector continues to navigate the aftermath of Bitcoin’s halving, XRP sees extended losses, and Shiba Inu is set to introduce a new privacy-focused blockchain layer. Amid these developments, BlockDAG captures widespread investor interest with a […]

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Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
news.bitcoin.com

Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia, and offer a Colombian peso-pegged stablecoin as part of its asset […]

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Hermetica DeFi Launches First Bitcoin-Backed Synthetic Dollar USDh
u.today

Novel stablecoin, natively backed by largest cryptocurrency, is set to generate up to 25% yield

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Crypto's compliance conundrum: Are Indian <b>cryptocurrency</b> exchanges going through …
www.google.com

Crypto's compliance conundrum: Are Indian cryptocurrency exchanges going through withdrawal woes? Crypto exchanges need to a understand the critical …

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Trader Names One Altcoin As ‘AI Bet’ for 2024, Updates Outlook on Two Additional Crypto Assets
dailyhodl.com

A popular crypto trader says he’s long-term bullish on an artificial intelligence (AI)-related altcoin even though its chart is flashing some potential warning signs. The pseudonymous crypto analyst known as Altcoin Sherpa tells his 215,900 followers on the social media platform X that Render (RNDR) is his top AI pick for this market cycle. “Going […]

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Enter the Wasteland – Survive, Conquer and Thrive in a Post-Apocalyptic Playground With DECIMATED
dailyhodl.com

May 7, 2024 – Singapore, Singapore As the digital dawn of gaming rises, the visionary minds behind DECIMATED are ecstatic to unveil their groundbreaking foray into the desolate yet captivating future of online gaming. DECIMATED, a novel third-person PvP and PvE online game experience, invites players to an unprecedented journey through a vast dystopian landscape. […]

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Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing
bitcoinmagazine.com

Susquehanna International Group, LLP (SIG), a global trading, technology, and investment firm, disclosed that it holds over $1.8 billion in Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing submitted to the Securities and Exchange Commission (SEC), providing a detailed breakdown of SIG’s investment portfolio. The filing reveals the investment firms biggest positions were in Grayscales […]

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Here’s How This Ethereum Whale Made $16 Million From A Single Trade
www.newsbtc.com

An Ethereum whale was recently revealed to have made $16 million from a single trade involving the second-largest crypto token by market cap. This whale’s story again highlights how conviction in an investment can be very rewarding in the crypto space.  How This Ethereum Whale Made $16 Million In A Single Trade On-chain analytics platform […]

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Nigerian officials proposed secret crypto settlement, claims Binance CEO
cointelegraph.com

Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.

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XRP Stablecoin on the Horizon: Ripple’s CTO Hints at Major Launch in June
crypto-economy.com

TL;DR Ripple’s Stablecoin: Ripple is developing a new stablecoin for the XRP Ledger, aiming to provide a stable digital currency backed by U.S. dollar deposits and government securities, which will be detailed at the XRPL Apex event in Amsterdam. XRP Ledger Enhancements: The XRP Ledger will feature an automated market maker (AMM) and integrate artificial […]

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Santiment Analysts Reveal Two Top Altcoins Outperforming the Market
cryptonews.com.au

Worldcoin (WLD) rebounds 37% from its cycle low, influenced by Warren Buffett’s comments on the dual potential of AI. Litecoin (LTC) gains traction from positive ETF discussions and significant whale purchases, indicating long-term interest. Despite bullish trends, concerns persist about LTC’s new investor appeal and relative interest compared to an Ethereum ETF. Santiment analysts have […]

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HODL on: 95% of Spot BTC ETF Investors Held Firm Through Market Correction
cryptonews.com.au

According to Bloomberg Analyst Eric Balchunas, 95% of ETF investors flashed their diamond hands during the recent market downturn, holding onto their BTC funds. The news came as Bitcoin showed signs of recovery over the weekend, once again trading above USD $60K. Interestingly, Grayscale’s Bitcoin fund, GBTC, recorded its first positive day of flows since […]

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Important Ripple v SEC Lawsuit Update: What is the Next Step?
cryptopotato.com

TL;DR The legal conflict between Ripple and the SEC continues with recent sealed filings and scheduled court submissions, coinciding with a slight increase in XRP’s price. The lawsuit started in December 2020 with the regulator accusing the firm of conducting an unregistered securities offering. The Latest Development The legal spat between Ripple and the US Securities […]

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