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Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
17.5.2024
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues
Crypto firms rally behind FIT21 bill approaching US House floor vote
17.5.2024
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule
Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming?
17.5.2024
LUNC has declined by 1% in the past 24 hours, with the Terra Luna Classic price dropping $0.000108 as the wider crypto market gains by a very slight 0.5% today.
The post Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming? appeared first on Cryptonews
Is It Too Late to Buy Fantom? FTM Price Blasts Up 10% as New AI Project Raises $2 Million
17.5.2024
Fantom ($FTM) has outperformed all other Layer 1 tokens this week and risen 10% amidst a flurry of recent activity on the network, with FTM trading at $0.80 at the time of writing.c Crypto’s two biggest coins, also Layer 1 coins, couldn’t keep the pace over the seven days. Bitcoin...
Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
17.5.2024
The price of bitcoin surpassed the $67,000 mark on Friday, reaching a peak of $67,482 per unit, the highest value since late April. This increase has resulted in the liquidation of nearly $45 million in leveraged bitcoin short positions over the past day. $120M in Crypto Positions Liquidated...
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
17.5.2024
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs...
China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally
17.5.2024
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global...
Solana Meme Coin SLOTH Lists on HTX Monday 20 May at 12pm UTC, is Binance Next?
17.5.2024
Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX.Trading is set to begin on Monday 20 May at 12pm UTC, with deposits open now, according to the details released simultaneously via an HTX blog and a $SLOTH X post.The exchange...
New Crypto Presale to Watch: WienerAI Meme Coin Hits $2M Milestone
17.5.2024
Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence (AI). That’s exactly what the team behind WienerAI (WAI) has devised – an approach that has helped them raise over $2 million in the project’s ongoing presale...
US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
17.5.2024
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of inflows, gaining $4.6 million during the trading sessions. Spread Between IBIT and GBTC Bitcoin...
Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote
17.5.2024
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are encouraging House leaders to support the effort
Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain
17.5.2024
As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.
The post Best Crypto to Buy Now May 17 – Arweave...
Is onboarding too hard? Crypto adoption still faces major obstacles
17.5.2024
Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived
Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement
17.5.2024
Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took advantage of its position to misappropriate 12.3K SOL, worth $1.9 million. An X user nicknamed Staccoverflow...
How to trade crypto in the UK using Revolut X
17.5.2024
Uncover the step-by-step process for moving fiat from the Revolut banking app into the Revolut X application and trading cryptocurrencies
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
17.5.2024
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
17.5.2024
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead...
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
17.5.2024
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope
XRP Lawyer Deaton hits back at SEC and Warren over crypto regulation
17.5.2024
John Deaton, a well-known lawyer who has spoken publicly in favor of XRP, recently published a devastating review of both the Securities and Exchange Commission (SEC) and Senator Elizabeth Warren. He opines that the above entities are more concerned about their political agendas than those of...
Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
17.5.2024
As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility....