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Crypto market headed for downturn? Key signals point to retracement
23.5.2024
The cryptocurrency market, known for its volatility and rapid price movements, appears to be on the brink of another significant retracement. Several indicators and recent developments suggest that the market may be headed for a downturn, sparking concerns among investors and analysts alike....
Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy?
23.5.2024
Despite Nvidia's impressive Q1 earnings report, the price of AI-related cryptocurrency tokens fell briefly, contrary to Crypto trader's expectations.
The post Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy? appeared first on Cryptonews
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
23.5.2024
Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of 7,000 BTC worth over $486 million. Blockchain...
PEPE eyes 200% growth as crypto market surges
23.5.2024
PEPE is riding the bull run. The token was valued at $0.00001467 when this article was written. This reflects a surge of 6.45% in the last 24 hours, 38.61% in the previous 7 days, and 118.34% in the previous 30 days. Suffice it to say that PEPE is making the most of the chance to …
Fred Ehrsam Predicts Future Crypto Growth Driven by Demographic Shifts
23.5.2024
In a recent social media post, Fred Ehrsam, co-founder of Coinbase and crypto investment firm Paradigm, predicts that the cryptocurrency market will continue to gain momentum due to the growing influence of younger generations. He points out that ownership of crypto assets is currently highest...
SEC Ethereum ETF discussions underway, S-1 approval expected in hours
23.5.2024
Eleanor Terrett revealed that the SEC had started discussions with Ethereum ETF issuers regarding S-1 forms on May 22
What is a crypto vault, and how does it work?
23.5.2024
Learn how to enhance crypto asset security by safeguarding valuable cryptocurrencies offline using crypto vaults
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
23.5.2024
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said
US House approves crypto market structure bill
23.5.2024
Maxine Waters, a Democrat member of the US House, said that the crypto market structure bill, entitled FIT21, is one of the worst bills she has ever seen. Seventy-one Democratic members voted for the bill, including the previous speaker of the House, Nancy Pelosi. The American House...
Discussion Began, Crypto Market Optimism Grows on Spot-Ether ETF Approval Amid Positive SEC Signals
23.5.2024
The crypto world is ready to mark today in history as the day when the SEC will approve or deny 19b-4 form for Ethereum ETFs. Analysts are positive that ETF approval will happen today, considering how approval was granted for Bitcoin ETFs. According to a source, discussions on S-1 forms have...
Crypto Whales Pile into New Solana Project Thotiana – Next 100x Meme Coin?
23.5.2024
PRESS RELEASE. May 23rd, 2024. In an exciting development within the cryptocurrency market, Solana’s newest meme coin, $Thot, is rapidly gaining attention from investors worldwide. In just under a week, this meme coin has attracted over $100,000, marking its place in the competitive landscape...
Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years
23.5.2024
The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.
The post Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years appeared first...
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews
Bybit CEO refutes insolvency rumors, shares proof-of-reserves
23.5.2024
Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them
How to find a reliable crypto liquidity provider
23.5.2024
Learn how to identify trustworthy crypto liquidity providers for secure and efficient trading. Discover key factors to consider and avoid common pitfalls
Bitcoin Runes hype fades, transactions plummet 84%
23.5.2024
Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?
Major Crypto Exchanges Launch ‘Tech Against Scams’ coalition to Combat Crypto Fraud
23.5.2024
Meta, Coinbase, Ripple, Kraken, Gemini, Match Group and the Global Anti-Scam Organization have partnered to launch a ‘Tech Against Scams’ alliance.
The post Major Crypto Exchanges Launch ‘Tech Against Scams’ coalition to Combat Crypto Fraud appeared first on Cryptonews
Fast Money’s Brian Kelly Says Solana is Next in Line For a US Spot ETF
23.5.2024
Crypto investor and trader Brian Kelly has suggested that Solana could potentially become the next cryptocurrency to have a spot ETF in the United States.
The post Fast Money’s Brian Kelly Says Solana is Next in Line For a US Spot ETF appeared first on Cryptonews
Nvidia’s Q1 results sent its stock soaring 6% but AI tokens barely moved
23.5.2024
Nvidia’s strong earnings report didn’t have the immediate effect on AI crypto tokens that traders expected
18M Americans used or owned crypto last year: Fed survey estimates
23.5.2024
Just 1% of United States adults reported using crypto for payment or to send money in 2023