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Coingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization
11.5.2024
According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024....
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
11.5.2024
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s...
Mark Cuban advocates for CFTC to regulate 'all crypto' ahead of US election day
11.5.2024
Billionaire investor Mark Cuban says that assigning all authority to the CFTC "could solve" the problem of vocal crypto voters for current United States president Joe Biden
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
11.5.2024
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions...
Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech
10.5.2024
Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical...
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
10.5.2024
The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a supermarket that was used as a facade for conducting...
Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High
10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high.
The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
10.5.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin...
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
10.5.2024
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
Is BlockDAG poised to become the next major player in cryptocurrency with 30,000x ROI? Crossing Dogecoin and Bitcoin Cash in success
10.5.2024
In the dynamic world of cryptocurrencies, investors constantly search for the next big opportunity that promises substantial returns and introduces groundbreaking technologies. BlockDAG is quickly gaining attention as a formidable contender in the cryptocurrency arena due to its 30,000x...
Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum
10.5.2024
As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $60,954 to $63,388, at present, bitcoin is coasting along values between $62,861 to $63,272 per unit...
YFX incorporates Chainlink Data Streams on Arbitrum mainnet
10.5.2024
To provide customers with a higher level of DeFi exposure and promote the Chainlink framework, decentralized perpetual exchange YFX has integrated Chainlink Data Streams on the Arbitrum mainnet. The company’s initial incorporation occurred using Chainlink Data Streams, which included AVAX...
Elon Musk endeavors to increase the adoption of Dogecoin at Tesla
10.5.2024
Elon Musk, the world’s leading business magnate and investor, has always been a proponent of Dogecoin. He is currently on a novel mission to expand Dogecoin’s utility in his inspiring business ventures. Tesla has begun to accept Dogecoin as a payment for its merchandise, a move that coincided with...
Should You Invest in Rollblock (RBLK)? Exploring Its Potential
10.5.2024
Rollblock (RBLK) is making waves in the cryptosphere, attracting a global audience of traders. While giants like Binance Coin (BNB) hold strong, some analysts see Rollblock as a dark horse, even predicting a meteoric rise – a potential 50x return on investment in 2024. Let’s explore reasons...
Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days
10.5.2024
Grayscale's Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier
Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government
10.5.2024
The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange were solicited for a $150 million bribe by members of the House Committee on Financial Crimes (HCFC). A special assistant to the Nigerian Information Minister...
Notcoin gains attention, brings a jump in Toncoin price
10.5.2024
Binance and OKX have announced plans to launch Notcoin on their respective exchange platforms. This has served two major activities across the crypto market: it has brought a lot of attention to Notcoin and caused a surge in the token value of Toncoin. TON is currently up by 12.99% in the last...
Solana stumbles at $160: Will SOL crash to $120 or bounce back?
10.5.2024
Over the past few weeks, Solana has tested the $160 resistance mark several times. However, its latest climb to the benchmark has again ended in a retreat. Now, the market is wondering whether the setback will push SOL down to the $120 mark. Early SOL price predictions suggest that the coin...