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JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets
2.5.2024
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin,...
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
2.5.2024
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States....
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
Binance Wallet announces support for Bitcoin Atomical ARC-20 assets
2.5.2024
The Atomicals protocol provides a transparent, secure record of ownership and history for Bitcoin NFTs
Hundred Finance Hacker Transfers Stolen Funds After A Year Of Inactivity
2.5.2024
Following a year of inactivity, the hacker known as Hundred Finance, who was behind the $7.4 million cryptocurrency theft, reappeared on May 1 and began transferring cryptocurrency assets out of Curve's decentralised exchange.
The post Hundred Finance Hacker Transfers Stolen Funds After A Year...
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
2.5.2024
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term...
Crypto market dips: Exploring altcoins amidst Bitcoin and Ethereum volatility
2.5.2024
Investors’ sentiments are not precisely bullish when it comes to the crypto market. Most of it is driven by a constant decline in the value of BTC and ETH following Bitcoin Halving and FED interest rate decision. The air earlier was certainly favorable; however, the market has refused...
Pantera invests in TON with high expectations for Telegram’s future
2.5.2024
The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said
US Imposes Sanctions on Crypto Addresses Linked to Russian Drone Maker
2.5.2024
The Office of Foreign Assets Control (OFAC) of the US Treasury launched an action against a developer at OKO Design Bureau, a drone manufacturer with headquarters in Russia, on May 1. Three crypto addresses connected to the developer were added to the Specially Designated Nationals (SDN) list...
Coinbase Announces Support for Bitcoin’s Lightning Network
2.5.2024
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing...
Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17
2.5.2024
The Binance Nigerian money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, Thursday media reports confirm.
The post Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17 appeared first...
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
2.5.2024
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said
Crypto for Advisors: Digital Asset Custody’s Future
2.5.2024
Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
2.5.2024
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions
Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
2.5.2024
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like...
Senator Cynthia Lummis Slams DOJ For “Hyper-Aggressive” Crypto Stance On Self-Custody Wallets
2.5.2024
Senator Cynthia Lummis (R-WY) is slamming the U.S. Department of Justice (DOJ) for its stance on self-custody wallets, according to a Wednesday post from Lummis’ official X account. Lummis' condemnation comes on the heels of the U.S. government pressing unlicensed money-transmitting charges against...
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...
Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism
2.5.2024
As the market recovers by 2.5% in the past 24 hours, we run through the best crypto to buy today, covering Pepe (PEPE), dogwifhat (WIF) and Optimism (OP).
The post Best Crypto to Buy Today, May 2 – Pepe, dogwifhat, Optimism appeared first on Cryptonews
MoonPay expands crypto options with PayPal integration
2.5.2024
MoonPay users in the U.S. can now buy and sell 110 different cryptocurrencies using PayPal transfers via wallet, bank transfers or debit cards
MoonPay Users Can Now Buy Crypto Via PayPal
2.5.2024