On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws Coinjoin Feature from Wasabi Wallet Following intensified regulatory scrutiny in the U.S., […]
Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring conversations with leading finance, regulatory and fintech professionals on the future of corporate Bitcoin adoption. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the United States, the changing regulatory landscape for Bitcoin, as well as […]
As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater. New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that […]
New data reveals that one of the biggest banks in the world is acquiring shares of asset manager BlackRock’s spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new filing with the U.S. Securities and Exchange Commission (SEC), France-based BNB Paribas – the ninth-largest bank in the world – purchased 1,030 shares of the iShares […]
Top decentralized exchange (DEX) Uniswap (UNI) now allows its mobile app users to buy crypto using their funds on popular trading platform Robinhood. In a new statement, Uniswap says the new funding method is currently available to US-based users through Robinhood Connect, a feature that enables customers of the brokerage firm to fund their Web3 […]
Cryptocurrency market slowly losing its touch
We’re thrilled to announce that Kraken now supports new margin pairs for Internet Computer (ICP), Pepe (PEPE), Shiba Inu (SHIB) and DogWifHat (WIF)! Margin trading is now available for the below pairs for ICP, PEPE, SHIB and WIF: Pair base Pair name Available leverage Long Position Limit Short Position Limit ICP ICPUSD 3 3000 3000 […]
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.
TL;DR MicroStrategy’s Innovation: Launched the Orange Protocol, a decentralized identity solution on the Bitcoin blockchain, using Ordinal-based inscriptions for data storage and retrieval. Digital Identity Revolution: The protocol aims to create 10,000 decentralized identifiers (DIDs) for pseudonymous digital identities, anchored directly on the Bitcoin blockchain without sidechains. Applications and Security: Introduced Orange For Outlook to integrate […]
Bitcoin falls below the crucial US$60k mark, with analysts at Standard Chartered predicting more short-term declines, potentially down to US$50k. Geoff Kendrick cites continuous outflows from US spot ETFs and positions being underwater as factors driving further price drops. Despite the current downturn, Standard Chartered maintains a bullish long-term view, forecasting Bitcoin to reach US$150k […]
MicroStrategy has announced its new Bitcoin-based digital identity platform called MicroStrategy Orange. It’s designed to help enterprises enhance their security by leveraging the Bitcoin blockchain to verify users’ identities. In related news, brokerage firm Canaccord Genuity claims MicroStrategy now holds over 1% of all Bitcoin after the firm added another 25,250 to its bag in […]
Quickex, a cutting-edge cryptocurrency exchange platform, announces a key milestone by enabling over 200 coins on its platform, revolutionizing its users’ trading experiences. This innovative action shows Quickex’s dedication to satisfying its users’ changing needs and retaining its spot in the crypto exchange industry. Since its establishment in 2018, Quickex has prioritized trading experience and […]
On April 30, the popular millennial trading platform Robinhood announced that its crypto Connect feature was now available on the Uniswap mobile application. It added that eligible Robinhood customers can get $10 in the USD Coin (USDC) stablecoin as a reward when they buy the equivalent amount of crypto using Robinhood Connect as a payment […]
LITTLE ROCK, Ark. (AP) — Arkansas lawmakers on Wednesday gave final approval to new restrictions on cryptocurrency mining operations after facing …
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]
MicroStrategy, a leading enterprise business intelligence firm that has emerged as a pioneering Bitcoin advocate among public companies, is hosting its Bitcoin For Corporations conference starting today. The event is taking place May 1 – May 2, 2024 in Las Vegas, NV will feature industry leaders discussing how corporations can adopt Bitcoin as a treasury asset. MicroStrategy […]
Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than 15%, the financial expert has uncovered a significant pattern that indicates a potential bull flag following Bitcoin’s price […]
A closely followed crypto strategist is warning that Bitcoin (BTC) may have already printed a bull market top. Analyst Ali Martinez tells his 60,700 followers on the social media platform X that realized profits, or gains converted to cash, have historically coincided with Bitcoin market tops. The analyst highlights that when Bitcoin hit a fresh […]
Ross Ulbricht published tweet that made crypto community concerned for his future
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.
[PRESS RELEASE – Singapore, Singapore, May 2nd, 2024] MAS-regulated custodian Propine is announcing its support for Fathom Dollar’s FXD, a stablecoin pegged to the US dollar and designed to bridge the $5 trillion trade finance gap. This development positions FXD at the forefront of real-world assets (RWA), leveraging the power of blockchain to enhance global […]
“Cryptocurrency can be exciting and, indeed, profitable. However, the landscape is plagued with investment scams posing as legitimate platforms. These …
TL;DR LayerZero has completed its first snapshot for the upcoming airdrop. ZRO, its native currency, becomes the first Hyperp on Hyperliquid, trading at $8.3 and a possible fully diluted valuation of $17 billion. There are concerns about the long-term impact of airdrops on DeFi protocols due to the involvement of professional airdrop hunters. LayerZero, a […]
Zeus Network advocates for interoperability to resolve challenges of fragmented liquidity and enhance scalability across blockchain networks. Utilising Solana’s architecture and Zeus Program Library, Zeus Network develops tools to foster seamless cross-blockchain interactions. ZPL features, like verifiability and customisability, support digital asset transfers across networks, promising enhanced integration and security. Since Bitcoin’s inception, the blockchain […]
Bitcoin has fallen to US$57,433, experiencing a 22% decrease from its March 2024 peak, amid mixed signals on whether to buy the dip. Persistent inflation contributes to the crypto market’s current downturn, alongside ETF outflows. Analysts predict further declines but remain optimistic about Bitcoin’s long-term growth, viewing the current drop as a potential buying opportunity. […]
BlockDAG Achieves A Stellar $21.7M In Sales, Surpassing BNB, SOL, XRP, And SHIB With A Future Vision Of $30 The cryptocurrency landscape is continually evolving, with stalwarts like Binance Coin (BNB), Solana (SOL), XRP, and Shiba Inu (SHIB) pushing the envelope with innovative advancements and unique offerings. Amid these developments, BlockDAG has made headlines by […]
Company Name: DEMAND Founders: Alejandro De La Torre and Filippo Merli Date Founded: 2023 Location of Headquarters: Lisbon, Portugal and Florence, Italy Amount of Bitcoin in Treasury: “Currently being bootstrapped” Number of Employees: 2 Website: https://www.dmnd.work/ Public or Private? Private Alejandro De La Torre is deeply concerned that Bitcoin mining is too centralized, and he’s […]
Bitcoin is facing a critical juncture as it has entered a ‘danger zone,’ according to prominent gold advocate Peter Schiff. This investor, known for his skepticism toward Bitcoin, suggests that the cryptocurrency is entering a “do or die” phase, potentially marking the end of its bullish run if current trends continue. Breaking Points And Bearish […]
Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at Tether’s (USDT) stablecoin dominance. In a new report titled “Tether Loses Market Share,” Kaiko Analytics says that the stablecoin issuer’s market share over centralized exchange platforms (CEXs) has dipped 13% year-to-date (YTD) due to the growth of rival dollar-pegged digital assets, such […]
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […]
Bitcoin may visit $40,000 before bull market really resumes, says Peter Brandt
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.