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Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more
31.5.2024
This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more
Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal
31.5.2024
The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin
Paraguay seizes 2,738 ASICs as power theft crackdown continues
31.5.2024
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it
Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui
31.5.2024
Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners...
Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale
31.5.2024
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups...
Why is Bitcoin stagnated despite $2B in spot ETF inflows?
31.5.2024
Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby
Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets
31.5.2024
Following the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket shows Trump still leading in forecast bets for the 2024 election. Convicted...
Bitcoin to be worth 100 oz of gold, says veteran trader Peter Brandt
31.5.2024
Brandt claimed that BTC’s price would fluctuate over the next 12 to 18 months before finally surging 230% against gold
Transak and Cometh Launch Industry-First Fiat-to-Layer 3 Crypto Onboarding Solution
31.5.2024
Transak, a Web3 payments provider, has teamed up with blockchain development platform Cometh to introduce a streamlined fiat-to-Layer three (L3) onboarding solution. This new system reportedly simplifies the purchase of crypto assets directly on Cometh’s L3 blockchain, Arbitrum Orbit....
Bitcoin could grow by strides by being more like Ethereum
31.5.2024
Turning Bitcoin into a multi-purpose ecosystem could allow it to reach the same level of success as Ethereum — and make it several times more valuable
3 reasons why Ethereum price remains strong against Bitcoin
31.5.2024
Ethereum price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start
Price analysis 5/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
31.5.2024
Bitcoin and Ether may spend more time inside a range before starting a trending move
Ignite Your Investment Journey with HotDonkey: Pre-Sale Launch – Be a Part of the Hot Crypto Evolution
31.5.2024
PRESS RELEASE. Introducing HotDonkey, a revolutionary new memecoin set to redefine the cryptocurrency landscape. HotDonkey is more than just another digital currency; it is a vision, a movement, and a catalyst for transformative change in the world of finance. With its innovative approach...
TradFi execs say crypto derivatives will play larger role in Bitcoin’s future
31.5.2024
Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs
Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst
31.5.2024
The price action has been highly muted this week after plenty of volatility surrounding the previous week's surprising regulatory turnaround for the spot ether ETFs
Bitdeer Announces $100 Million Investment From Tether
31.5.2024
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge...
Japanese exchange DMM loses $305M in Bitcoin via private key hack
31.5.2024
The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended
Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach
31.5.2024
DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May...
Dogeverse Presale Enters Final 3 Days After Raising $15M, Analysts Forecast Big Gains in June
31.5.2024
Multi-chain token Dogeverse is preparing for one of the biggest meme coin launches of the year after raising more than $15 million in a red-hot presale. The project has gotten a ton of attention from meme coin traders and crypto analysts, many of whom believe the $DOGEVERSE token could deliver...
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
31.5.2024
This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for...