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Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar
14.5.2024
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty...
CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs
14.5.2024
CoinShares’ revenue, gains, and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year
TRON DAO Adds Google Cloud as a Super Representative Candidate on the TRON Blockchain
14.5.2024
PRESS RELEASE. Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions to help ensure blockchain...
Lido and Aave generate more fees than Ethereum and Bitcoin
14.5.2024
The decentralized finance platforms generated more fees than the top blockchain ecosystems, including Bitcoin, Solana, and Ethereum. Lido and Aave accrued $2.34 million and $1.85 million, respectively, during the specific period. Ethereum, Solana, and Bitcoin secured $1.84 million, $1.17 million...
New Solana Meme Coin Presale ‘Sealana’ Has Just Raised $700K – Next Crypto to Explode?
14.5.2024
A new seal-themed meme coin is gaining traction in the Solana ecosystem – and investors are taking notice. With a presale that has already raised over $700,000, Sealana (SEAL) may just be the next big thing to explode onto the scene. Chubby Meme Coin SEAL Makes Waves on Solana Sealana is...
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
14.5.2024
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...
Bitcoin braces for Fed's Powell as trader says $65K key BTC price level
14.5.2024
BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
14.5.2024
Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole...
Pepe Price Prediction as it Hits New ATH – Does WienerAI Have Higher Potential?
14.5.2024
The wildly popular Pepe (PEPE) coin is again drawing attention after an explosive rally sent its price to a new all-time high. With “Pepe mania” now gripping the market, how high could this frog-themed token go in the coming weeks and months? PEPE Price Rallies to New ATH as Spot Volumes Rocket...
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
14.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain
14.5.2024
The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide powered by blockchain, and the first in Africa....
Spot Bitcoin ETF sees first inflow in five weeks amid market shift
14.5.2024
There is a notable shift in the market, with Spot Bitcoin ETF banking an inflow for the first time in five weeks. There was a trend of outflow for 4 consecutive weeks, but that has been broken with the inflow of $130 million in total. This pertains to the US Spot Bitcoin ETF offering with …
Dormant Bitcoin wallet awakens to $61,000 windfall
14.5.2024
In a surprising twist that echoes tales of buried treasure, an old Bitcoin wallet that has been inactive since 2011 suddenly becomes active, transferring an amount of $30 million worth of Bitcoin. This unforeseen incident has triggered the interest of the people engaged in the world...
Bitcoin poised for takeoff as it exits post-halving “Danger Zone”
14.5.2024
At present, Bitcoin (BTC) is valued at $62,662.70, indicating a decrease of 1.05% in value compared to the previous week. Many crypto traders interpret this period of relative calm as an indication of a potential substantial decline that may lie ahead. However, a recent analysis by Rekt Capital,...
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan
Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On?
14.5.2024
Two dormant Bitcoin wallets moved 1,000 BTC, worth $60.9 million, raising speculation about market impacts and future Bitcoin price predictions.
The post Bitcoin Price Prediction as Two Mysterious Whales Start Transferring Funds After 10 Years – What’s Going On? appeared first on Cryptonews
Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst
14.5.2024
Bitcoin has emerged from the post-halving "danger zone" and entered an accumulation phase, as indicated by weakening selling pressure.
The post Bitcoin Enters Accumulation Phase, Exiting Post-Halving “Danger Zone,” Claims Analyst appeared first on Cryptonews