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Economist Peter Schiff Advises Against Buying US Dollars — Warns of USD Breakdown
31.5.2024
Economist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken...
JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
31.5.2024
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer...
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
30.5.2024
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said crypto can “shift power from the government to the people,” and...
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
30.5.2024
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a settlement with Genesis and other creditors...
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
30.5.2024
PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers a platform where users can socially discover, participate in, and trade crypto...
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
30.5.2024
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have...
Franklin Templeton's Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain's Potential for TradFi
30.5.2024
The president and CEO of the asset management giant said blockchains are "transformational tech" that can help drive down operational costs during a panel discussion at Consensus 2024
Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
30.5.2024
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
30.5.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops Inflows as U.S. Bitcoin ETFs Maintain Positive...
Traders say Bitcoin price fights “last resistance” at $69K before new all-time highs
30.5.2024
The Bitcoin price remains stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
30.5.2024
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...
Bitcoin key cohort amasses 154,560 BTC in five months, potential price surge?
30.5.2024
In a remarkable display of confidence in the cryptocurrency market, a key cohort has accumulated 154,560 Bitcoins over the past five months. This substantial acquisition has caught the attention of analysts and investors alike, fueling speculation about a potential surge in the price of Bitcoin...
Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace
30.5.2024
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell...
Crypto for Advisors: The Evolution of Crypto and TradFi
30.5.2024
A lot has changed since Bitcoin's release 15 years ago. Many other distributed database networks have been created, each with its own functionality and potential use cases
Pepe, Super Trump, Brett, WienerAI Lead May’s Top Meme Coin Gainers
30.5.2024
Meme coin season is back in full swing as Pepe, Super Trump, and Brett experienced huge gains in May. Meanwhile, the new presale crypto WienerAI is emerging as a top prospect as its total raise surges toward $3.5 million. Are these meme coins set to continue their growth into June? PEPE, STRUMP...
Bitcoin price aims for $69K as 'hot' US macro data pressures dollar
30.5.2024
Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
30.5.2024
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
30.5.2024
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish
Ex-CEO of Mt. Gox clarifies Bitcoin shifting as preparatory measure
30.5.2024
As per the ex-CEO of Mt.Gox, the earlier shifting of Bitcoin from the company’s wallet was simply a preparatory exercise and not an alarming incident. The fact that it went to an unidentified wallet meant nothing. The company set the date for allocation as the 21st of October. The process is looked...