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Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
3.5.2024
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record as the largest, was mined by Marathon....
Coinbase Q1 2024 update: Bold steps toward crypto freedom
3.5.2024
A leading figure in the universe of cryptocurrency trading, Coinbase Global has recently unveiled its plans and fiscal targets for the first quarter of 2024. The company is committed to make cryptocurrency accessible to everyone and to promote independence in the international economy. Their...
Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones
3.5.2024
Telecommunications company Vodafone is taking steps to leverage SIM card technology in order to meet the expected surge in demand for cryptocurrency transactions on mobile phones.
The post Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones appeared first on Cryptonews
Saylor labels Ethereum a security, opposes Spot ETF
3.5.2024
At the MicroStrategy World 2024 conference, executive chairman Michael Saylor boldly declared a possible game-changer for the cryptocurrency world. He audaciously stated that Ethereum (ETH) would fall under the security category instead of the commodity classification, which may confuse the whole...
MultiBank.io: A Revolutionary Leap in Cryptocurrency Derivatives Trading
3.5.2024
PRESS RELEASE. MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBank.io, its state-of-the-art cryptocurrency derivatives trading platform. This significant initiative heralds a transformative milestone in the progression of cryptocurrency trading...
Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish Pressure
3.5.2024
As of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000. The leading cryptocurrency maintains a market capitalization of $1.15 trillion and has recorded a trading volume of $28.43 billion over the same period. Bitcoin Bitcoin’s daily...
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
3.5.2024
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in...
Worldcoin Price Prediction as WLD Closes in on $5 – Is It Time To Buy?
3.5.2024
WLD has jumped by 5% in the past 24 hours, with the Worldcoin price moving to $4.74 as the cryptocurrency market enjoys another day of recovery today.
The post Worldcoin Price Prediction as WLD Closes in on $5 – Is It Time To Buy? appeared first on Cryptonews
Crypto exchanges to meet Nigerian SEC chief for regulatory talks
3.5.2024
The meeting is anticipated to ignite positive changes that benefit all crypto stakeholders in Nigeria and on the international scene
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
3.5.2024
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly...
What role does cryptocurrency play in the global expansion of sports?
3.5.2024
Sports teams, events, and athletes are using digital money more and more for deals and engaging fans. Crypto cuts through currency exchange hassles, letting fans worldwide support their teams easily. This change streamlines deals and opens up new revenue possibilities. It fosters a more...
Momentum builds among Shiba Inu and Dogecoin communities for Raffle Coin’s presale aimed at raffle leadership
3.5.2024
Shiba Inu and Dogecoin showed resilience after last week’s market slide. Dogecoin regained more stability, but Shiba Inu managed to add 20% to its price. Buyers of older meme coins are well aware of the opportunities for significant appreciation and 10X price moves. That is why they are flocking...
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
3.5.2024
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on...
Block to Reinvest 10% of Profits into Bitcoin Each Month
3.5.2024
Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed.
The post Block to Reinvest 10% of Profits into Bitcoin Each Month appeared first on Cryptonews
Avalanche and Internet Computer navigate price changes; KANG set for new ATH
3.5.2024
Although the prices of Internet Computer (ICP) and Avalanche (AVAX) have been declining in the past month, both tokens are considered to be in a good entry phase for buyers. Having both seen very significant price spikes this year, their low prices signal another starting point for an impending...
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
3.5.2024
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether...
Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20?
3.5.2024
The Neo (NEO) price is in focus as the cryptocurrency slips despite a broader market rebound, and as it tests a key medium-term uptrend.
The post Neo Price Prediction as NEO Token Slips 2.3% Despite Market Rebound – Can NEO Reach $20? appeared first on Cryptonews
Standard Chartered Warns Bitcoin Price Could Fall to $50K
3.5.2024
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk...
Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
2.5.2024
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs