What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
cointelegraph.com

Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.

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Left-Leaning Outlets Amplify Their Anti-Bitcoin Bias Following Trump's Endorsement
bitcoinmagazine.com

The media is buzzing about Trump’s recent endorsement of Bitcoin. Looking at Bitcoin Perception data (chart below), coverage of Bitcoin together with Trump has increased month-over-month since the start of the year, but last week saw quite a stir, since the endorsement seems to be amplifying an already existing anti-Bitcoin bias among some outlets. Image […]

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Investment Insights: BlockDAG, AVAX, Stellar Lumens in 2024
nulltx.com

Exploring Top Crypto Investments: BlockDAG Presale Hits $52.3M, AVAX Holds Crucial Level, While Stellar Lumens Offers Secure Currency Option As the crypto market evolves, BlockDAG, Avalanche (AVAX), and Stellar Lumens (XLM) are catching investor attention with significant developments. BlockDAG’s presale has rocketed, achieving a staggering 1120% increase to $0.0122, amassing $52.3 million, signaling strong investor […]

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MicroStrategy Buys Additional 11,930 BTC, Fibonacci Analysis Hints At $160K Bitcoin Price Peak
www.newsbtc.com

Bitcoin (BTC), the leading cryptocurrency, has regained momentum, bouncing off a weekly low of $64,000 to find support above $65,000, halting last week’s downtrend. This price recovery may be due to another significant investment round by business intelligence company MicroStrategy, led by Bitcoin bull Michael Saylor.  The company announced on Thursday the acquisition of an […]

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Bitcoin Approaching Post-Halving Parabolic Advance Phase, According to Real Vision Analyst
dailyhodl.com

Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic based on historical precedence. Bittel tells his 69,400 followers on the social media platform X that Bitcoin is in a historical “boring” phase ahead of an expected “banana” rally that has come after the halving events when miners’ […]

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Analyst Says Ethereum-Based Altcoin Primed To Explode by Over 1,700%, Updates Outlook on Dogecoin and Pepe
dailyhodl.com

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a small-cap altcoin built on the Ethereum (ETH) blockchain. The analyst and trader pseudonymously known as Credible Crypto tells his 399,300 followers on the social media platform X that the native token of Curve DAO (CRV), a decentralized finance (DeFi) platform focused on […]

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BNB Chain Launches Upgrade to Slash Blockchain Fees by 90%
cryptonews.com.au

BNB Chain successfully completed its Haber hard fork yesterday, which implements BEP-336 based on Ethereum’s recent EIP-4844 and introduces ‘blob’ data structures to the network. According to BNB Chain, BEP-336 will see gas fees fall by up to 90%, due mainly to efficiency gains to data storage and verification resulting from the use of blobs. […]

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3 Reasons Bitcoiners Should Also Buy Ethereum, According To Bitwise
cryptopotato.com

With spot Ethereum ETFs on the horizon in the United States, should existing Bitcoin ETF holders split their crypto holdings into ETH? In a Twitter thread on Thursday, Bitwise CIO Matt Hougan offered three reasons for why this might be a good idea. Why Bitcoin Holders Should Buy Ethereum The first, Hougan wrote, is for […]

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27 Billion Cardano (ADA) Stun Market Bears
u.today

Cardano (ADA) whale transactions send price into rebound mode

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The Compliance Development of PTOUNX Exchange: Co-creating the Future of <b>Cryptocurrency</b>
www.google.com

… cryptocurrency trading. These initiatives reflect its commitment to meeting international standards and leading the secure development of the …

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Aptos Labs, NBCUniversal partner for Web3 fan experiences, gaming
cointelegraph.com

More fun is in store for filmgoers like Free Renfield The Game and the Excorcist 3: Believer premiums.

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MicroStrategy Increases Bitcoin Holdings to 226,331 BTC with $786M Acquisition
crypto-economy.com

TL;DR MicroStrategy acquired an additional 11,931 BTC for $786 million, bringing its total to 226,331 BTC. It holds 1.1% of the total BTC supply. The purchase was funded through convertible notes and cash at an average cost of $65,883 per BTC. Bernstein initiated coverage of MicroStrategy with an “overweight” rating and a price target of […]

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Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
news.bitcoin.com

The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total number of tokens in circulation to 10 billion. Holograph […]

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SEC Is Closing Investigation into Ethereum as a Security
www.financemagnates.com

The Securities and Exchange Commission (SEC) is closing its investigation into Ethereum, the second-largest cryptocurrency by market capitalisation, as a security, Consensys confirmed today (Wednesday). Ethereum Is Not a Security “The Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” the tweet by the company stated, adding: […]

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Bitcoin's Role In Defending Democracy In Nicaragua With Félix Maradiaga
bitcoinmagazine.com

At the 2024 Bitcoin Policy Summit, Nicaraguan pro-democracy activist Félix Maradiaga shared his insights on the severe challenges facing his country, which is under the autocratic rule of Daniel Ortega. According to Maradiaga, the Nicaraguan people are losing their freedoms at an alarming rate. “According to the Freedom in the World report, we have the very unfortunate […]

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Arthur Hayes Doubles Down on Dogecoin (DOGE) and One DeFi Altcoin Amid Crypto Downturn
dailyhodl.com

BitMEX co-founder Arthur Hayes is increasing his bullish sentiment on both Dogecoin (DOGE) and Pendle (PENDLE) despite the sudden crypto downturn. Hayes tells his 524,900 followers on the social media platform X that there remains more upside potential this cycle for memecoin DOGE and Pendle, which allows users to tokenize and sell future yields. “I’m […]

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Bitcoin Miners’ Reserves Deplete Amidst High OTC Selling, What This Means
www.newsbtc.com

Recent data from CryptoQuant has highlighted a significant shift in Bitcoin Miners behavior, with miner reserves dropping to their lowest levels since 2010 while over-the-counter (OTC) selling activity has surged to higher levels. What This Means For BTC At the beginning of the year, miner reserves stood at approximately 1.87 million BTC but have yet […]

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Judge in SEC v. Kraken case suggests he will deny motion to dismiss
cointelegraph.com

In their motion to dismiss, Kraken’s lawyers disputed the legal theory that the exchange was an “ecosystem” for crypto asset securities.

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BlockDAG X1 Miner App: Predicting Daily $5M Sales, Surpassing UNI & ICP Price Forecasts!
nulltx.com

BlockDAG Presale Surge Past UNI & ICP Post-X1 Mobile Miner App Beta Launch: A New Crypto Titan Rises In the world of cryptocurrencies, UNI and ICP have captured attention due to their notable price fluctuations. Predictions indicate a robust ascent for UNI, aiming for higher resistance levels. In contrast, ICP’s forecast reveals some hurdles, marked […]

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This Japanese Crypto Exchange Will Reportedly Acquire FTX’s Local Branch
cryptopotato.com

One of the largest cryptocurrency exchanges in Japan wants to acquire the local arm of the bankrupt crypto trading platform FTX. According to a report from local media Nikkei, BitFlyer Holdings, the parent company of the crypto exchange BitFlyer, is in the process of acquiring FTX Japan. The deal, which has remained undisclosed until now, […]

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Ethereum's Buterin Names Examples of Idealistic Crypto Initiatives
u.today

Ethereum’s Vitalik Buterin has named some examples of the Ethereum community being aligned with the original ethos of crypto

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Correction in the <b>cryptocurrency</b> market: sign of trouble ahead? – KITCO
www.google.com

It seems to have become a trend that once journalists start focusing on a pattern in the financial market, it stops working.

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Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations
news.bitcoin.com

India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the government’s tax measures significantly reduced daily trades on some major local crypto exchanges. This fine follows Binance’s global scrutiny and former CEO Changpeng Zhao […]

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Toncoin Blockchain Gains Traction with $5-10 Billion Transfer Volumes
crypto-economy.com

TL;DR Toncoin ($TON) has experienced strong growth following its latest update, boosting its ecosystem under the management of the TON Foundation. As the native cryptocurrency of The Open Network, it facilitates transactions, execution of smart contracts, and participation in governance, incentivizing validators and users. Its multi-blockchain architecture allows for high scalability and security, distributing network […]

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Spot BTC ETF Flows Could Propel Bitcoin to $200,000 by 2025: Bernstein Analysis
crypto-economy.com

TL;DR Bernstein raises its Bitcoin price projection to $200,000 by 2025, driven by strong capital flows into BTC ETFs in the U.S. BTC ETFs are expected to represent approximately 7% of the total BTC supply by 2025, boosting adoption in the traditional financial market. BTC projections suggest a value of up to $1 million by […]

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TradingView Integrates Crypto.com Data, Expanding Access to 700+ Digital Assets
www.financemagnates.com

TradingView has integrated data from Crypto.com, one of the leading global crypto exchanges. This addition aims to enrich the analytical tools available on TradingView and to make it easier for traders to explore and understand digital asset trading. Enhancing User Experience By incorporating Crypto.com’s extensive data coverage, TradingView users can now access real-time insights on […]

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Winklevoss Twins Donate $2 Million in Bitcoin to Donald Trump
bitcoinmagazine.com

Tyler and Cameron Winklevoss, co-founders of cryptocurrency exchange Gemini, have donated 30.94 Bitcoin, valued at over $2 million, to former President Donald Trump’s campaign. Both Cameron and Tyler Winklevoss announced on their X accounts that they contributed 15.47 BTC ($1 million) each to Trump to “put an end to the Biden Administration’s war on crypto,” […]

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Consensys Says SEC Ending Ethereum Investigation, Will Not Pursue Enforcement Action Against the Blockchain Firm
dailyhodl.com

Blockchain development company Consensys says the U.S. Securities and Exchange Commission (SEC) is closing its Ethereum 2.0 investigation, which sought to determine if the second-largest cryptocurrency by market cap is a security. In April, Consensys received a Wells Notice from the SEC indicating that the regulator was planning to pursue legal action against the company […]

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Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel
www.newsbtc.com

Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More […]

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Solana ETF in the works: 3iQ files for new ETP in Canada
cointelegraph.com

The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network.

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Shiba Inu: Crucial Crypto Warning Aimed at Big Investors and Companies by SHIB Team
u.today

SHIB executive warns big investors about “crypto casino” and “gambling” and shares why she is bullish on Shibarium

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Vermonters lose over $13 million due to cybercrime
www.google.com

Cryptocurrency Wallet scams are the second most expensive in the state, with an average loss of $133,133 per victim. Some other costliest crimes …

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