Search
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
First Mover Americas: Bitcoin Holds Near $63K, Consolidating Week's Recovery
10.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin eyes $70k after breaking out of the consolidation
10.5.2024
Bitcoin has been recognized to have been in a consolidation phase for almost 50 days. It is closer to the historical record of 63 days. However, analysts are apprehensive about the potential next surge once BTC concludes its depressing phase. Its price movement has been mostly within the restricted...
Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days
10.5.2024
Grayscale's Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier
Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government
10.5.2024
The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange were solicited for a $150 million bribe by members of the House Committee on Financial Crimes (HCFC). A special assistant to the Nigerian Information Minister...
X Launches ‘AI Audience’ for Advertisers, Promises Precision in Targeting
10.5.2024
The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief...
Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments
10.5.2024
Kiyosaki discussed the importance of portfolio diversification including cryptocurrencies, stressing that the dollar decline is iminent.
The post Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments appeared first on Cryptonews
Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024
10.5.2024
Canaan introduces the A1566 model in Hong Kong, aims to provide a more cost-effective solution for miners by offering higher data processing capabilities with lower energy consumption.
The post Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024 appeared first on Cryptonews
Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
10.5.2024
With U.S. jobless claims soaring to their highest since August 2023, Bitcoin holds its bullish stance amid anticipations of an earlier Fed rate cut.
The post Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge? appeared first on Cryptonews
Bitcoin Advocate Says ASIC Devices’ Inflexibility Makes AI Involvement Unlikely for Bitcoin Miners
10.5.2024
According to Joe Downie, the chief marketing officer at Nicehash, bitcoin miners struggling to stay afloat after the halving are unlikely to support or become involved with artificial intelligence (AI). This is because their application-specific integrated circuit (ASIC) miners now “only...
Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger
10.5.2024
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List...
Bitcoin mining difficulty sees biggest drop since bear market lows
10.5.2024
Bitcoin saw a significant drop of 5.7% last Thursday, marking a major decrease in nearly a year and a half. Data from Bitbo revealed that this adjustment took place at block height 842,688, resulting in a decrease to 83.1 trillion. This shift stands out as the most significant reduction since...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Revolut X, New Cryptocurrency Exchange Platform, to List Dash
10.5.2024
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate...
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
10.5.2024
Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications.
The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews
Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030
10.5.2024
Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. "I do think it hits that number and goes beyond," he said.
The post Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030 appeared first on Cryptonews
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
10.5.2024
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s abduction is owned by the businessman’s family....
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
10.5.2024
Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential for price growth but also highlighted the unique...