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Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’
8.5.2024
Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous precedent for companies worldwide.” Teng stated that certain lawmakers in Nigeria demanded a significant...
Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts
8.5.2024
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
8.5.2024
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing standards. EIP 7702 Targets Enhanced Security and Compatibility According...
Donald Trump Set To Dine With NFT Buyers At Mar-a-Lago: Report
8.5.2024
Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate, Axios has reported. News of the dinner comes as the former U.S. president faces 34 counts of falsifying businesses charges in relation to...
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
What Technical Analysis Tells Us About the Bitcoin Market
8.5.2024
The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies
High on Ayahuasca: Bitcoin-promoting Commencement Speaker Lands in Hot Water
8.5.2024
The speech by a US university commencement speaker, Chris Pan, included a Bitcoin bit - but what went wrong?
The post High on Ayahuasca: Bitcoin-promoting Commencement Speaker Lands in Hot Water appeared first on Cryptonews
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...
Is It Too Late to Buy Bitcoin Cash? BCH Price Up 11% as GambleFi Project Reaches $700,000 Milestone
8.5.2024
Bitcoin Cash’s ($BCH) price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. Since Wednesday May 1, Bitcoin Cash has risen 11% to change hands at a current price of $453. Over the same peiod, the token representing the original unforked Bitcoin ledger, $BTC...
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
8.5.2024
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of...
Various forms of Bitcoin custody, explained
8.5.2024
Bitcoin’s rising popularity demands a secure custody plan. Learn about Bitcoin custody options, from centralized exchanges and self-custody to specialized institutions
FCA crypto regulators will take the best from TradFi and DeFi, says exec
8.5.2024
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best
Standard Chartered estimates further upside for Bitcoin
8.5.2024
Bitcoin is currently listed at $62,626.23, down by 1.45% in the last 24 hours. Despite the majority of the community anticipating a surge post-Bitcoin Halving, a long-awaited consolidation occurred. The ongoing phase of BTC has raised questions about its future predictions—for instance, if BTC will...
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
8.5.2024
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3%...
First Mover Americas: Bitcoin Hovers Above $62K
8.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen
8.5.2024
A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of six individuals connected to an online scam related to the sale of rights or tokens for a supposed new cryptocurrency.
The post Six Arrested in Connection with Austrian Crypto...
BRC-20 Investors Bet Big on Highest APY Learn-to-Earn Platform – Over $1M Raised for 99Bitcoins in Explosive New 99BTC Crypto Presale
8.5.2024
Wednesday, May 8, 2024 – Learn-to-Earn could be the next crypto narrative as retail investors bet big on 99Bitcoins’ BRC-20 crypto presale – but what has the market so excited about the 99BTC token? OG Bitcoin education website 99Bitcoins is poised for a major relaunch in Q3 2024, amid...
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
8.5.2024
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites....
Key Bitcoin Indicator Points to Period of Calm in Crypto Market
8.5.2024
BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern
These 3 AI-based altcoins to outpace Bitcoin & Ethereum in 2024
8.5.2024
Innovation is the middle name of the crypto market, and 2024 has certainly proven it. The year has been filled with unique projects, especially AI-based altcoins. Names like Fetch.ai, SingularityNET, Render, etc., are ruling the crypto industry. These AI-based altcoins are outperforming BTC,...