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Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
10.5.2024
Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little change from the previous quarter, as stated in...
ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge
10.5.2024
As the crypto bull market eases midway through the second quarter of 2024, analysts are stepping forward to fight the FUD with new super bullish altcoin forecasts.
The post ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge appeared...
Cardano Price Prediction as Hoskinson Claims Biden is ‘Killing Crypto’ – Will ADA Fall to Zero?
10.5.2024
The Cardano (ADA) price has reversed 4% lower on Friday, having once again found strong resistance at its 21DMA and amid comments from the crypto’s founder Charles Hoskinson that US President Joe Biden is trying to kill crypto.
The post Cardano Price Prediction as Hoskinson Claims Biden...
Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters
10.5.2024
Digital asset advocacy group Stand With Crypto has launched its own political action committee (PAC) set to back pro-crypto politicians a Friday report from Reuters reveals. News of the PAC comes as crypto continues to be a significant concern for voters the lead-up to the November 2024...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
Best Crypto to Buy Now May 10 – Toncoin, Render
10.5.2024
With crypto having pulled back sharply in recent trade following US economic data that has reignited fears about stagflation, and in wake of hawkish commentary from Fed policymakers, traders are looking for altcoins with strong bullish momentum that might be the best crypto to buy now.
The post...
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
10.5.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin...
Coinbase’s Stand With Crypto launches political action committee
10.5.2024
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives
Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company
10.5.2024
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia
Shouldn't All These Crypto Lawyers Start Learning About Crypto?
10.5.2024
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance
Eduard Jubany Tur, Founder of ZKX, on Perpetual Futures, DeFi Growth in Asia, and How DeFi Can Democratize Finance | Ep. 333
10.5.2024
Eduard Jubany Tur, the founder of ZKX, a decentralized perpetual futures exchange on Starknet, discusses getting people off centralized exchanges and into DeFi, the growth of the crypto industry in Asia, the region’s key relevance, and differences between crypto users in Asia and the rest of...
Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute
10.5.2024
The 70-year-old man and his 30-year-old son were arrested on suspicion of false imprisonment and assault, according to police sources.
The post Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute appeared first on Cryptonews
Crypto firms brace for intensified SEC, CFTC action after regulator warning
10.5.2024
The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
10.5.2024
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...
Binance obtains FIU approval for India return
10.5.2024
Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year
Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing
10.5.2024
Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum
10.5.2024
As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $60,954 to $63,388, at present, bitcoin is coasting along values between $62,861 to $63,272 per unit...
Is DogWifHat Dead? Crypto Expert Tweets $1 Price Target, New Meme Coin WienerAI Raises $1.4 Million
10.5.2024
A top crypto influencer on X believes the popular Solana meme coin DogWifHat ($WIF) could tumble all the way down to a dollar from its current price of $3.17. In a recent tweet, Bluntz Capital (@Bluntz_Capital) cautioned, “price action on this bounce over the last 3 weeks has been slow...
Kraken Warns SEC’s Claims Could Reorder US Financial Structure
10.5.2024
The crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a "significant reordering" of the US financial regulatory structure.
The post Kraken Warns SEC’s Claims Could Reorder US Financial Structure appeared first on Cryptonews