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100x crypto projects for May; BlockDAG & this Cardano (ADA) alternative among top buys; more on ETH price speculation
13.5.2024
As the crypto market evolves, standout projects like Ethereum, Hump Token, and BlockDAG are attracting investors with their unique potential. Ethereum is reinforcing its foundation above the $3,000 threshold, promising a bullish outlook. Hump Token, a Cardano alternative, is captivating those...
This Week’s Biggest Crypto Gainers and Losers: Cheelee Rises as Pendle Falls
13.5.2024
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto...
MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
13.5.2024
MoonPay is donating $1 million to digital advocacy group Stand With Crypto ahead of the 2024 elections, the company confirmed to Crypto News Monday. The crypto payment service provider's donation comes on the heels of news that Stand With Crypto has launched a PAC to dunk pro-crypto candidates...
GameStop's Halting Rally Has Crypto Howling
13.5.2024
OKX surpasses 50% of Bitcoin Runes market share
13.5.2024
The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
13.5.2024
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users...
Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT
13.5.2024
Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT
SEC Rejects Coinbase’s Call for New Crypto Regulations
13.5.2024
In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing rules are adequate and that it’s not required to create new regulations from...
AI Agents Will Drive the Next Wave of Crypto Adoption
13.5.2024
Crypto agents are here already and they will get more and more advanced until we use them to run our financial lives, says Luke Saunders, CTO at Delphi Labs
No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
13.5.2024
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls
$68M in crypto retrieved after ‘Dust’ attack scare
13.5.2024
An unbelievable event happened: someone who had put money into a cryptocurrency could get back $68 million worth of wrapped bitcoin (WBTC). This results from an attack on their digital wallet on May 3. Despite the role of such a significant theft as an object, there is no grudge from an investor...
MoonPay donates to Coinbase’s Stand With Crypto campaign
13.5.2024
Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election
Uniswap Creator: Biden Administration Mistaken in Believing Crypto Irrelevant to 2024 Elections
13.5.2024
Hayden Adams, the creator of the decentralized finance platform Uniswap, has warned the Biden Administration that it is gravely mistaken to believe that crypto will be irrelevant in the 2024 election. Adams also criticized the administration for allowing the U.S. Securities and Exchange Commission...
Wells Fargo dives into crypto via Bitcoin ETFs
13.5.2024
In its recent filing with the SEC, Wells Fargo, a famous US bank known to be among the leading banking institutions in the United States, disclosed its entry into the world of digital currencies by investing in several different Bitcoin exchange-traded funds (ETFs). Such a move reinforces...
Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds
13.5.2024
A mere 1% of financial advisers frequently engage in discussions about cryptocurrency with their clients due to legal concerns.
The post Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds appeared first on Cryptonews
Season of the Meme Coin: Unconventional Cryptos Dominate 3-Month Gains
13.5.2024
Over the past 90 days, bitcoin has appreciated by 23.4%. However, eight other cryptocurrencies have demonstrated significantly larger gains, each recording triple-digit increases over the same period. 90-Day Trends Propel Niche Tokens to New Heights Statistics from the past week show lackluster...
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
13.5.2024
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline, setting a cautious tone for ether traders. Ethereum...
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
13.5.2024
Lower cost miners have increased market share since the bitcoin halving event, the report said
Latam Insights: Illegal Crypto Crackdown in Argentina, Bancolombia Launches Crypto Exchange
13.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine authorities crack down on illegal crypto investment scam, Bancolombia launches cryptocurrency exchange Wenia, and Genesis Digital Assets announces...
Bitcoin Technical Analysis: Bulls Set Sights on a Glimmer of Recovery
13.5.2024
As of May 13, 2024, bitcoin exhibits mixed signals across various time frames and technical indicators, presenting a complex landscape for traders. The leading crypto asset’s price currently stands at $62,792, reflecting a slight increase within the 24-hour range from $60,776 to $63,156....