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MicroStrategy to launch Bitcoin-based decentralized ID solution

2.5.2024
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

Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...

Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin

2.5.2024
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the Bitcoin Blockchain for Identity Management According to...

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

2.5.2024
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

Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?

2.5.2024
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0. The post Stacks Price Prediction as STX Token Slides Under $2 –...

Top Crypto Gainers Today on DEXScreener – AITAX, AMERICA, BOOE

2.5.2024
In wake of the cryptocurrency market’s latest tumble which saw Bitcoin (BTC) drop convincingly below $60,000 for the first time since late February, traders are turning to the on-chain markets as they hunt for top crypto gainers today. The post Top Crypto Gainers Today on DEXScreener – AITAX...

Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Reality

2.5.2024
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect...

Best Crypto to Buy Today April 30 – Wormhole, Optimism, Axelar

2.5.2024
As traders digest the implications of the latest Fed policy announcement and what it means for the outlook for Fed rate cuts later this year, traders are hunting for opportunities in the altcoin market and weighing up what might be the best crypto to buy today. The post Best Crypto to Buy Today...

Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting

2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank. The post Bitcoin Traders...

Bitcoin traders set $50K price target after BTC falls below key support level

1.5.2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts

Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

1.5.2024
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a...

Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch

1.5.2024
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem

Proposed US bill wouldn’t allow taxing block rewards at acquisition

1.5.2024
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired

Roger Ver Arrested for $50M Tax Fraud

1.5.2024
The United States Department of Justice announced $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’ The post Roger Ver Arrested for $50M Tax Fraud appeared first on Cryptonews

Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value

1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...

Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus

1.5.2024
The Bitcoin LSTs can be used to power Talus blockchain's virtual AI assistants

Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

1.5.2024
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate;...