BlockDAG’s Vision 2030 Leads BNB & Others in Top 5 Crypto Gainers in Q2 2024
nulltx.com

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 […]

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DEMAND Pool’s CEO Says The Time To Decentralize Bitcoin Mining Is Now
bitcoinmagazine.com

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 […]

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Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario
www.newsbtc.com

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 […]

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New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics
dailyhodl.com

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 […]

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Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
news.bitcoin.com

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, […]

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Legendary Trader Peter Brandt Suggests $40,000 Pit Stop for Bitcoin Before Rally
u.today

Bitcoin may visit $40,000 before bull market really resumes, says Peter Brandt

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Bitcoin miner Riot Platforms reports record $211M Q1 net income
cointelegraph.com

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.

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Arkansas lawmakers approve new restrictions on <b>cryptocurrency</b> mines after backlash over 2023 law
www.google.com

The majority-Republican House overwhelmingly approved the Senate-backed measures, which include requiring cryptocurrency mines to apply noise- …

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Solana Co-Founder Says Cosmos and One SOL Rival Are Clear Winners in Building Sovereign Blockchains
dailyhodl.com

Solana (SOL) co-founder Raj Gokal is naming two blockchains that have a head start in the sovereign blockchains crypto sub-sector. At a TOKEN2049 panel discussion, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains. A sovereign blockchain is typically under the control of a single entity, […]

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This Time Its Different, BTC Slump Not Caused by Leverage Flushout: Analyst
cryptopotato.com

Bitcoin prices slumped to a nine-week low just below $57,000 on May 1, shedding a further 4% on the day. The asset has now bled a whopping 11% since the same time last week. Market dips and flush-outs are not uncommon for crypto assets, but Glassnode analyst James Check thinks this time is different. Large […]

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MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange
bitcoinmagazine.com

MicroStrategy revealed its latest innovation today, a decentralized identity (ID) platform built on the Bitcoin network, named MicroStrategy Orange, at the MicroStrategy World: Bitcoin for Corporations 2024 event. JUST IN: MicroStrategy launches an enterprise platform for building decentralized identity applications on #Bitcoin — MicroStrategy Orange 👀 pic.twitter.com/P5PXz80kSD — Bitcoin Magazine (@BitcoinMagazine) May 1, 2024 “Today, I’d like to […]

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Bitcoin Price Settles Below $60K, Is This A Critical Bearish Sign?
www.newsbtc.com

Bitcoin price extended losses and settled below $60,000. BTC is now consolidating losses near $58,000 and remains at risk of more downsides in the near term. Bitcoin extended losses and traded below the $60,000 zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a major bearish trend line […]

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Pike Finance Hacked for the Second Time in Less Than a Week: $1.6M in Losses
crypto-economy.com

TL;DR Pike Finance, a cross-chain lending protocol, was exploited for the second time in less than a week, leading to losses of over $1.6 million. The exploit was carried out on the Ethereum (ETH), Arbitrum (ARB), and Optimism (OP) blockchains. The attacker exploited a vulnerability in Pike Finance’s smart contracts, using the initialize function to insert malicious code. […]

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Fantom Launches 10M FTM Prize Pool to Revolutionize Memecoins for Safety and Sustainability
crypto-economy.com

TL;DR Fantom Foundation has launched a $6.5 million development fund in its native cryptocurrency, FTM, to promote the development of safer memecoins. The foundation’s CEO, Michael Kong, aims to replicate the success of other blockchains by introducing measures to protect memecoin projects against fraud and scams. The strategy includes a prize pool of 10 million […]

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BDAG Raises the Bar for TON & BNB Following a Vesting Notice
nulltx.com

BlockDAG Expands Crypto Payment Options & Announces 4-Month Vesting Period As Tonecoin Transforms Digital Payments Amid Declining BNB Supply Telegram aims to integrate Toncoin into its ecosystem to facilitate ultra-fast and secure transactions directly through chat. At the same time, BNB plans to reduce its supply over time to shorten it as demand increases. BlockDAG […]

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Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
news.bitcoin.com

Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity across both Ethereum and non-EVM layer-1 platforms. The update also focuses on automatizing interest rates based on market conditions with Chainlink data […]

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Elon Musk's 'Free Speech' Tweet Attracts Crypto Community
u.today

Tech mogul Elon Musk has issued acute tweet about easy way to support free speech

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MicroStrategy to launch Bitcoin-based decentralized ID solution
cointelegraph.com

MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.

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Why are so many young Indians trading in <b>cryptocurrency</b>, especially in tier-two cities?
www.google.com

By the end of 2021, India had 15 homegrown cryptocurrency exchange platforms, furiously working the trading and selling aspect of the with more than …

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Uniswap, the SEC and Regulatory Riptide – What DeFi Must Do Next
dailyhodl.com

HodlX Guest Post  Submit Your Post   DeFi (decentralized finance) has been nothing short of a revolution. Its startling promise – to upend traditional financial systems and usher in an era of unprecedented accessibility, transparency and autonomy. From humble beginnings, this new ecosystem has undergone explosive growth, now boasting a fervent global following and billions in […]

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Texas A&M Professor to Launch Bitcoin Research Institute
bitcoinmagazine.com

Korok Ray, Bitcoin researcher and Associate Professor at the Mays Business School at Texas A&M University, announced plans to launch The Bitcoin Research Institute to drive academic research at the intersection of Bitcoin and artificial intelligence. At the MicroStrategy World: Bitcoin for Corporations 2024 event, Ray made note of Bitcoin’s potential to enable secure multi-party […]

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Ethereum Price Revisits Key Support, Can Bears Take Over?
www.newsbtc.com

Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line […]

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Here Are the Top 5 Meme Coins to Watch in May
cryptopotato.com

TL;DR Dogecoin (DOGE) faces a 15% weekly price decline but shows potential for recovery with a rise in non-empty wallets, hinting at increased demand. Shiba Inu (SHIB) and Bonk Inu (BONK) also exhibit signs of resurgence; SHIB, through network upgrades and token burns, and BONK with a significant price increase, positioning it among the top […]

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US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
news.bitcoin.com

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]

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It's 'Do or Die' for Bitcoin (BTC) Now: Peter Schiff
u.today

Unfortunately, digital gold could not withstand existing selling pressure

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US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
cointelegraph.com

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

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Vitalik Buterin Reveals the Ultimate Tip for Protecting Your Cryptocurrencies
crypto-economy.com

TL;DR Vitalik Buterin highlights the importance of security in cryptocurrency management. Recommends the use of multisig wallets to protect digital funds. Warns of the risks associated with storing salvage seeds and offers safety alternatives. Vitalik Buterin, well-known co-founder of Ethereum, has shared valuable recommendations about security in the world of cryptocurrencies. In a context where […]

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Tether Stellar Q1 2024: Record $4.52 Billion Profit Driven by Bitcoin and Gold
crypto-economy.com

TL;DR Tether Holdings reported a record net profit of $4.52 billion in the first quarter of 2024. Most of the profits came from financial operations with Bitcoin and gold. Transparency and stability were highlighted with the disclosure of his net worth and the support of his stablecoins. Tether Holdings reported a record net profit of […]

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“Sell in May and Go Away” – Is It Time for Bitcoin to Take a Break?
cryptonews.com.au

Hong Kong ETFs underperform on their debut with approximately USD $12 million in volume. Bitcoin is potentially facing its worst monthly close in 16 months, yet it’s still up 45% since the start of the year. Bitcoin trading volume has decreased by approximately 65% since February. Is a drop below $60,000 imminent? Bitcoin stuck within […]

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BlockDAG Lures Filecoin Holders Amid Optimism (OP) Price Prediction
nulltx.com

Best Crypto for the Future: BlockDAG Lures Filecoin Holders with $22M Presale and 100M Liquidity Amid Optimism (OP) Price Prediction Crypto contenders are showcasing varied performances: Optimism (OP) price prediction surged by 20% to $2.63, driven by excitement in Ethereum Layer-2. Meanwhile, Filecoin dipped 1.8% to $6.48 due to the SFIL China incident. On the […]

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Coinbase Integrates Support for Bitcoin Payments Platform Lightning Network
dailyhodl.com

The leading US-based crypto exchange by trading volume is adding support for Bitcoin (BTC) payments platform Lightning Network. In a new announcement, Coinbase says it is giving users a choice in how to send BTC payments by integrating the Lightning Network. “Starting today, Coinbase is rolling out support for the Lightning Network enabling instant, low-cost Bitcoin transfers. Users will have the […]

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India and U.S. Tackle <b>Cryptocurrency</b> Crime – The Dales Report
www.google.com

The TDR Three Key Takeaways regarding Cryptocurrency Crime and India: India-U.S. operation exposes significant cryptocurrency abuses.

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