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FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service
11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities.
According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...
Best Crypto to Buy Now 10 May – Bitcoin SV, Lido DAO, SUI
11.5.2023
In a surprising turn of events, Bitcoin experienced a significant drop earlier today, falling below the $27,000 mark to register an intraday low of $26,833.
This unexpected downturn occurred in the middle of the day and has countered the upward trend that followed the release of somewhat positive...
Bitboy Token Prediction: Ben Price To Retrace After 1000% Rise, Whilst AiDoge and $SPONGE Pump
10.5.2023
The newly launched governance token, $BEN is a meme coin project designed for BitBboy’s Decentralized Autonomous community, Ben DAO.
The token’s performance in the past two days before its public announcement represents prevalent price volatility in the coming days.
Notably, the general meme...
Bitcoin Price Prediction as US Inflation Rate Data is Announced – Will BTC Start Moving Up Now?
10.5.2023
As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market.
With the current state of the global economy, investors have turned to Bitcoin as a hedge against inflation.
The announcement of the inflation rate is expected to have...
No Meme Token Launches, Pumps Up 700% Almost Instantly After Elon Musk Tweets There is No Meme Milady NFT
10.5.2023
The meme coin frenzy continues, with a new name suddenly making significant headway.
No Meme Token ($NOMEME), which was only launched around one hour ago, has already pumped more than 700% on Uniswap.
The token was launched in the wake of a tweet by Twitter, Tesla and SpaceX CEO Elon Musk,...
$60 Million in USDT and MASK Token Sent from Crypto Exchange OKX to Alameda Research – What's Going On?
10.5.2023
In a recent move, one of the leading digital asset exchange platforms, OKX, announced the transfer of substantial funds to Alameda Research.
The transfer involves $60 million worth of USDT (Tether) and MASK tokens.
Based on the report from a crypto analytics platform, Arkham Intelligence,...
Green Recycle-2-Earn Crypto Project Ecoterra’s Presale on Fire, Nears $3.5 Million as 10% Price Rise Approaches
10.5.2023
Green Recycle-to-earn (R2E) crypto project Ecoterra’s presale is on fire, with sales of $ECOTERRA nearing $3.5 million as investors rush to get in ahead of a 10% price rise.
With Ecoterra’s presale having only crossed the $3 million mark around five days ago, that means the environmentally...
PayPal's Crypto Holdings Approach $1 Billion, Primarily in Bitcoin and Ether
10.5.2023
PayPal has disclosed that it holds nearly $1 billion in cryptocurrencies on its balance sheet, mainly consisting of BTC and ETH.
In its latest quarterly financial performance report, the financial payments giant revealed that it holds $943 million worth of customer assets in bitcoin, ether...
Meme Coin Top Performer $SPONGE Price to Explode – Lists on MEXC Exchange Thursday, Plus Another CEX Announcement
10.5.2023
Wednesday May 10th 2023 – Insurgent meme coin $SPONGE lists on MEXC Global tomorrow, plus a listing announcement from one as yet unnamed exchange, in its bid to flip Pepe.
Seychelles-based MEXC Global joins a lengthening roll call of exchanges listing $SPONGE.
Trading of $SPONGE on...
Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches VIP Capital Connect Service
10.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches...
AiDoge Blasts Past $5 Million Milestone as Presale Pump Continues, Just $300,000 to go Until Price Increase
10.5.2023
AiDoge.com, a viral new crypto project that sits at the intersection between the meme and artificial intelligence worlds, is absolutely crushing it right now.
The upstart project’s presale of its native $AI token continues to pump, hitting the $5 million milestone earlier in the day.
That means...
Chinese Province Unveils Digital Yuan Adoption Plan & City Says ‘All’ Buses Now Accept CBDC
10.5.2023
Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.
Per the media outlet Do News, the coastal province of Jiangsu has promised to launch a platform that will allow...
Top Market Makers Jane Street and Jump Crypto Pare Down US Crypto Operations Amid Regulatory Pressure
10.5.2023
Two prominent market-making firms Jane Street Group and Jump Crypto are cutting back their digital asset trading activities in the US due to heightened regulatory pressure.
Jane Street is also scaling back its global crypto ambitions due to regulatory uncertainty, which makes it difficult for...
Terra Luna Classic Price Prediction as 10 May Marks 1 Year Anniversary of LUNA and UST Crash – Will Important News be Announced Today?
10.5.2023
The Terra Luna Classic price has gained by 8% in the past 24 hours, rising to $0.00009048 on the day the cryptocurrency witnesses the one-year anniversary of the infamous Terra crash.
This crash saw both LUNA and its sister stablecoin UST become almost worthless overnight, yet it seems that LUNC...
Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes
10.5.2023
Unbacked cryptocurrencies are more like a "Ponzi scheme" than an investment, argued Central Bank of Ireland Governor Gabriel Makhlouf - but adding that "crypto is not going away very soon."
In a Friday blog post, Makhlouf stated that Ireland's Central Bank differentiates between 'backed'...
Pepe Coin Price Prediction as PEPE Becomes Top 10 Most Traded Crypto in the World – Can PEPE Reach $1?
10.5.2023
Pepe Coin price has entered the top 10 cryptocurrencies by 24-hour trading volume, with CoinGecko data currently putting it eighth overall, ahead of BNB but behind Binance USD (BUSD).
Despite its impressive rise, PEPE is currently down by 2% in the past 24 hours, although its price of $0.00000192...
Bitcoin Price Prediction: What Can We Expect from the Imminent CPI Report?
10.5.2023
As we delve into Bitcoin price predictions, the forthcoming Consumer Price Index (CPI) report looms large, raising questions about its potential impact on the cryptocurrency market.
This key economic indicator has historically influenced market trends, but what can we specifically anticipate...
Best Crypto to Buy Now 9 May – Bitget Token, Lido DAO, Bitcoin Cash
10.5.2023
The crypto market took a significant hit on Monday, with a net outflow of approximately $29.45 billion, shrinking the total crypto market cap to $1.111 trillion.
Ethereum and Bitcoin, the two leading cryptocurrencies, were not immune to this downturn, with their market caps falling to $222...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?
9.5.2023
The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease...
Cardano Price Forecast as Total Value Locked on Blockchain Rises by 300% in 2023 – Can ADA Reach $10?
9.5.2023
Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled Cardano blockchain, continues to suffer amid elevated crypto market selling pressure on Tuesday.
Price forecasts thus remain downbeat.
ADA/USD was last changing hands around 0.5% lower on the day in the $0.36s, with losses...