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Nalezeno "cryptocurrency news": 2936

Nvidia beats Q1-2024 statistics, boosting AI coin speculation

24.5.2024
Nvidia has published its numbers for the first quarter of 2024. They are promising, as there is a significant increase of 262% on a yearly basis. Revenue has soared to $26 billion, up 18% in the last three months. The majority of the momentum is built around artificial intelligence. Hence, there...

SCOTUS rules against Coinbase over 2021 Dogecoin sweepstakes

24.5.2024
The Supreme Court of the US has delivered a verdict against Coinbase, citing that a court should decide where its dispute about the Dogecoin sweepstakes belongs. This means that arbitrators will not have a role to play here, and it will only be the court that does so.  This situation occurs because...

Hong Kong’s PCPD orders Worldcoin to wind up its business

23.5.2024
The Office of the Principal Commissioner for Personal Data (PCPD) has ordered Worldcoin to close its doors owing to the ongoing investigation into the company, which began in early 2024. Interestingly, Worldcoin is a crypto exercise that was co-founded by Sam Altma, the CEO of OpenAI.  In early...

Holding the future: Biden’s crypto dilemma on May 28th

23.5.2024
Donald Trump recently hosted an event for Trump NFT holders. He expressed his support for the cryptocurrency market, asserting that the current government lacks a comprehensive understanding of how cryptocurrency operates. This went on to demonstrate that Trump was, or rather is, pro-crypto...

Coinbase’s Brian Armstrong found the vote on FIT21 to be memorable

23.5.2024
Coinbase CEO Brian Armstrong was opinionated about the House of Representatives vote on FIT21, finding it absolutely eventful. He also spoke at length about the financial innovation and technology for the 21st Century Act.  In his view, the vote will help clarify regulations in the crypto space. ...

Utilizing Granular Metrics to Identify Local Bottoms in a Bull Market

23.5.2024
The on-chain analysis sector has seen a major advancement, with Glassnode launching 28 new metrics to provide an even more detailed picture of the digital asset market. The ultimate goal is to enable short-term and long-term holders to pinpoint a precise moment to make a move and attempt to avoid...

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....

Ethereum network in the limelight for ETH ETF outcome

23.5.2024
According to Santiment, a crypto body, the Ethereum space is being observed very closely, with market observers speculating on the outcome of ETH ETF. A lot seems to be depending on it. In the meantime, Santiment has created a list of prime ERC-20 coins that are witnessing an increase...

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 …

MXNe forges alliance with Etherfuse for releasing Real MXN

23.5.2024
MXNe forms an exclusive alliance with Etherfuse to release Real MXN, a peso-supported stablecoin of Mexico positioned on both Solana and Stellar. As per the understanding, it will be MXNe’s responsibility to offer its backing for on-chain payments, settlements, and payroll within...

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...

Sealana ICO ramping up – New Solana meme coin hits $2.5M milestone

23.5.2024
With Solana-based coins taking over the past months, many crypto analysts believe that this trend will continue in the future. Book of Meme, Bonk, Popcat, and DogWifHat are just a few of the Solana-based coins that have exploded this year. But there is a new contender emerging on the Solana...

BONK price sets another milestone after breaking 2-month consolidation

22.5.2024
After coming out of the consolidation phase, BONK hopes to achieve the milestone of $0.0000712. This aligns interestingly with Bitcoin, which is also experiencing an upward rally. However, BONK is banking on its rally amid the excitement of approval for Spot Ether ETF. In April, Solana-based crypto...

Presidential candidate Donald Trump agrees to crypto donations

22.5.2024
The speculative Republican Presidential candidate, Donald Trump, divulged that he is agreeable with donations made in different cryptocurrencies regarding the forthcoming elections.  As per the information gathered from his website, he is all prepared to take in bitcoin, as well as ether, solana...

Ethereum meme tokens lead the surge: Social tokens and L2 solutions soar

22.5.2024
The crypto sphere is changing nowadays, and most digital currencies’ prices are growing due to recent developments and measures. Based on the proposals that are up for approval, the U.S. SEC has locked down on staking for Ethereum (ETH) ETFs since it is defined as a security. Such clear...

Altcoins gear up for ‘Maniac Phase’: Analysts predict next major surge

22.5.2024
The current world of cryptocurrency is witnessing a rather significant revival, which brings optimism and new opportunities to various spheres. While sentiment turned slightly bearish towards altcoins in the second quarter following a great run in Q1 among industry experts, the future looks bright...

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