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US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...
French regulator warns investors Bybit provided services ‘illegally’
16.5.2024
The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.”
As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value
16.5.2024
Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past day, the TRUMP token has climbed more than 7%. Statistics reveal that this rise in value has boosted former U.S. President Donald Trump’s cryptocurrency holdings...
Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’
16.5.2024
David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming election could trigger a bitcoin ‘space race,’ as countries rush to accommodate their policies to align with the U.S. Bailey also stated that they have...
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
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Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
16.5.2024
Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...
Will the upcoming update to Cardano impact the price of ADA?
16.5.2024
The Cardano protocol will receive a new update in order to facilitate the development of smart contracts on the Cardano network. It will be a novel product prompted by demand in the community. The next update on Cardano already includes the CIP-0069 proposal, which will facilitate the development...
El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
16.5.2024
El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5...
PEPE coin reached an all-time high, earning a whale $14 million
16.5.2024
PEPE has significantly increased by 28.27% over the last 7 days and 110.67% over the last 30 days. This has sparked optimism within the ecosystem, causing several traders to consider their strategies for banking a decent profit. One whale has sold their share to make a profit of around $14 million....
Solana (SOL) blast past key resistance, but can this hidden project steal its thunder?
16.5.2024
Solana (SOL) is currently valued at $142.60, with its trading volume down by 6.15% in the last 24 hours. Despite its massive trading volume of about $2,179,663,237, Solana needs help maintaining upward momentum. The bearish price movements reflect crypto investors’ reactions to recent...
How and when to sell your crypto — a simple guide
16.5.2024
In the latest Cointelegraph video, we explain how to set up a successful exit strategy in crypto using a few simple steps
Can Solana achieve a $100B market cap by 2024? Experts weigh in
16.5.2024
Solana has been fighting for a while, and analysts believe that SOL will soon reach a market cap of over $100 billion by 2024, making it the fifth-largest cryptocurrency therein. With a market cap in the range of $73 billion, it currently ranks fifth, just behind Binance Coin. Currently, the four...
Is It Too Late to Invest in Floki? Floki Price Leads as AI Meme Coin Readies for Exchange Listing
16.5.2024
Over the last seven days, popular ERC-20 meme coin Floki ($FLOKI) outpaced crypto’s favorite doggy meme coins and rallied a blistering 23.7% to trade at $0.0002138. Floki’s rally comes as a sea of green candles across most leading cryptocurrencies makes for an emerald market. Leading...
Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing
16.5.2024
Reports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan Salame, co-CEO of FTX Digital Markets. Trabucco’s letter emerged amidst numerous inquiries about his whereabouts throughout the ongoing...
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
16.5.2024
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX
Millennium Management and Morgan Stanley Report Significant Spot Bitcoin ETF Holdings
16.5.2024
According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed that Morgan Stanley, a giant multinational investment...
Dogecoin ($DOGE) is aiming for a 15% surge
16.5.2024
Dogecoin ($DOGE) has its hopes tied to how Bitcoin (BTC) makes a move on the price chart. So far, BTC has maintained its $65,000 margin by trading at $66,157.65, up 6.39% in the last 24 hours. DOGE is aiming for a growth rate of 15%. It is imperative for BTC to hold on to its …
BlockDAG Takes The Lead With New Dashboard Features, Overshadowing Dogecoin And Litecoin In The Market; $26.8M in Presale Already!
16.5.2024
As Dogecoin demonstrates resilience through market fluctuations and Litecoin hints at a breakout, BlockDAG distinguishes itself with a strategic showcase at Piccadilly Circus and a significant update to its dashboard. This event has solidified BlockDAG‘s position as a top contender in...
US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
16.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions....
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
16.5.2024
Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled?