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US senators ask DOJ, Treasury to consider Binance-Trump ties — Report


A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry....

Crypto sleuth ZachXBT says wrong suspect detained in Bored Ape NFT theft


Law enforcement detained the wrong person for a 2022 scam that pilfered more than $1 million worth of Bored Ape non-fungible tokens (NFTs), cybersecurity researcher ZachXBT said. In a May 9 X post, ZachXBT said he identified the wallet behind the scam and linked it to an X account that...

Bitcoin price rallies as global liquidity growth accelerates — Analysts


Key takeaways:Bitcoin’s price closely tracks global liquidity growth, with liquidity explaining up to 90% of its price movements, according to Raoul Pal.In the long term, global liquidity continues to expand, driven by the increasing debt levels in many countries.On a shorter timeframe...

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined


The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week.Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market...

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing


Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on the Nasdaq, a tech-focused US stock exchange...

Chance of Bitcoin price highs above $110K in May increasing — Here’s why


Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns.A buyer-dominant market signals...

AI's GPU obsession blinds us to a cheaper, smarter solution


Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it's also created a blind spot that's...

Ethereum Pectra upgrade goes live next week — Will ETH price rally?


Key takeaways:ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network.Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH.Data suggests...

Ethereum Pectra upgrade goes live next week — Will ETH price rally?


Key takeaways:ETH price has underperformed its peers during the current bull market, but gas sponsorship could lure developers and traders back to the network.Ethereum’s upcoming Pectra upgrade promises to improve staking efficiency, potentially increasing demand for ETH.Data suggests...

Why is Ethereum (ETH) price up today?


Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.ETH/USD four-hour chart. Source: Cointelegraph/TradingViewSeveral factors are behind...

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