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First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
1.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
1.5.2024
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit initiated following the discovery of discrepancies...
Bitlight Labs Launches Public Release of Bitlight Wallet, the First Self-Custodial Bitcoin Wallet Supporting RGB Assets
1.5.2024
PRESS RELEASE. Bitlight Labs Launches Public Release of Bitlight Wallet, the First Self-Custodial Bitcoin Wallet Supporting RGB Assets Bitlight Labs, a pioneer in RGB protocol and Lightning Network infrastructure development and a board member of the LNP/BP Association, announced the launch of...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria
1.5.2024
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.
The post 18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria appeared first on Cryptonews
Bitcoin Sinks Below $57K, Crypto Market Drops 9% in Run-Up to Fed Decision
1.5.2024
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday
Bitcoin price loses $60K support to hit 2-month lows
1.5.2024
Bitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
1.5.2024
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After...
What happens to lost Bitcoin?
1.5.2024
Billions of dollars worth of Bitcoin are trapped in digital limbo. Discover the strange world of lost Bitcoin and what it means for the future of cryptocurrency
Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria
1.5.2024
Bitcoin has experienced its most challenging month since the collapse of Sam Bankman-Fried's FTX empire, as the excitement surrounding US spot Bitcoin ETFs continues to wane.
The post Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria appeared first on Cryptonews
XRP, SOL, and DOGE open interest falls combined 51% in the last month
1.5.2024
Dogecoin’s open interest saw the steepest decline among the top ten cryptocurrencies by market cap, falling 64% since the start of April
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
1.5.2024
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your...
Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari
1.5.2024
The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...
China AMC’s Bitcoin ETF to Open Door for Chinese RMB Investors
1.5.2024
As the first of its kind, the spot Ethereum and Bitcoin ETFs by China AMC offer a new investment pathway for Chinese RMB holders and potential mainland investors.
The post China AMC’s Bitcoin ETF to Open Door for Chinese RMB Investors appeared first on Cryptonews
Early Bitcoin Investor Roger Ver Arrested for Tax Fraud
1.5.2024
Roger Ver, an early investor in Bitcoin-related startups known as Bitcoin Jesus, was arrested in Spain and charged with tax fraud on Tuesday.
The post Early Bitcoin Investor Roger Ver Arrested for Tax Fraud appeared first on Cryptonews
‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction
1.5.2024
Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now
Tether Invests $200 Million in Blackrock Neurotech, Launches Evo Division
1.5.2024
Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives...
‘No signs’ of Bitcoin miner capitulation despite plummeting revenue
1.5.2024
CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation
Animoca Brands Joins Forces With Opal Foundation to Build Expansive Web3 Ecosystem on Bitcoin
1.5.2024
Animoca Brands, a Hong Kong-based game software company, has announced its partnership with the Opal Foundation to enter the Bitcoin ecosystem, leveraging the Opal Protocol to develop the largest Web3 ecosystem encompassing gaming, Defi, entertainment, education, and culture. The initiative, backed...
Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility
1.5.2024
Bitcoin is nearing the $60,000 threshold, with its current price at $59,966 following a 5.75% decline over the last 24 hours.
The post Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility appeared first on Cryptonews