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Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
10.5.2024
The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said
The XR Foundation Launches XR One: A Revolutionary Layer3 Blockchain; Saltwater Games Leads With 3 Titles in Development
10.5.2024
PRESS RELEASE. The XR Foundation in partnership with Saltwater Games is proud to announce the launch of its gaming-dedicated blockchain, XR One. After receiving grant funding from the Arbitrum Foundation, the Saltwater.Labs team has co-developed the Layer 3 Orbit chain leveraging Arbitrum’s...
Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit
10.5.2024
Binance and KuCoin have received approval from India's anti-money laundering unit after the two exchanges were banned for operating illegally within the country.
The post Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit appeared first on Cryptonews
Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High
10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high.
The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews
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...
Bitcoin price flash crash raises chance of BTC dip to $54K
10.5.2024
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations
Price analysis 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
10.5.2024
Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins
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...
Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
10.5.2024
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot
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...
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
10.5.2024
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
New Meme Coin Dogeverse Raises $13M in ICO – the Next Dogecoin?
10.5.2024
A new meme coin, Dogeverse (DOGEVERSE), has crypto traders buzzing in May. Having raised over $13 million in its initial coin offering (ICO), Dogeverse has traders wondering whether it could be the next Dogecoin-style token to take the market by storm. Multi-Chain Meme Coin DOGEVERSE Takes Crypto...
Hong Kong issuer seeks spot Bitcoin ETF for mainland China
10.5.2024
Harvest CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
10.5.2024
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact...
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...
Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone
10.5.2024
Bitcoin traders are upping the stakes amid a tightly rangebound few days for BTC price action
Is BlockDAG poised to become the next major player in cryptocurrency with 30,000x ROI? Crossing Dogecoin and Bitcoin Cash in success
10.5.2024
In the dynamic world of cryptocurrencies, investors constantly search for the next big opportunity that promises substantial returns and introduces groundbreaking technologies. BlockDAG is quickly gaining attention as a formidable contender in the cryptocurrency arena due to its 30,000x...
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...
TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K
10.5.2024
RNDR cheers Apple's brief mention of Render-powered 3D design software Octane