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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....
Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex
2.5.2024
Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving
The post Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex appeared first on Cryptonews
Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay
2.5.2024
On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the U.S. The company stated that the wallet will now operate as a standard non-custodial bitcoin wallet without the coinjoin feature. Zksnacks Withdraws...
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
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...
US lawmakers urge SEC to approve Bitcoin options trading
2.5.2024
Representatives Mike Flood and Wiley Nickel urged the SEC's chair Gary Gensler to stop discriminating against Bitcoin funds in a letter
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
2.5.2024
Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed
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...
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...
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Top VCs Join EYWA’s Seed Round Led by Curve’s Founder
2.5.2024
PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has been led by Curve Finance founder Michael Egorov...
Altcoin vs Bitcoin: Which should you invest in now?
2.5.2024
The crypto market has been trembling since Bitcoin Halving. A settlement was anticipated when applications for Spot Bitcoin ETF were approved. For a moment, Bitcoin did rise to a new ATH, but has now reverted to lower lows. Bitcoin is currently trading at a value of less than $60,000, and ETH...
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
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...
MicroStrategy launches decentralized identity platform on Bitcoin blockchain
2.5.2024
MicroStrategy, the leading business intelligence firm and one of the earliest institutional adopters of Bitcoin, has made waves once again with the announcement of MicroStrategy Orange – a groundbreaking decentralized identity (DID) platform built on the Bitcoin blockchain. This innovative...
MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
2.5.2024
MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity of the sender
Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt
2.5.2024
Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000
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...
Bitcoin dives below $60k: Is it time to buy the dip?
2.5.2024
Bitcoin is below the average purchase price for short-term holders. At the time of writing this article, BTC was rallying at $57,855.89. While there has been a slight 0.71% increase in the last 24 hours, analysts speculate that more selling pressure and a higher fall are on the way. The price...