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First Mover Americas: Bitcoin Settles Into $63K-$64K Range
7.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Leading Colombian bank launches crypto exchange and peso stablecoin
7.5.2024
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
7.5.2024
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers...
KonnektVPN: Positive Changes in VPN Industry With AI Integration and Fresh Features
7.5.2024
PRESS RELEASE. Dover, Delaware, USA, May 7th, 2024 – KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy...
Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
7.5.2024
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office
Bitcoin slips to $63K amid increased U.S. regulatory pressure
7.5.2024
Speculations are doing the rounds that though Bitcoin is experiencing a downward slide to $63,000, it will soon make a substantial recovery. The reason for the drop is being attributed to the added regulatory strictures. The price ups and downs continued following RobinHood, a brokerage business...
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
7.5.2024
BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher
Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes
7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal.
The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews
Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
7.5.2024
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia...
Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
7.5.2024
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million
How long does it take to mine 1 Bitcoin?
7.5.2024
Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?
Bitcoin Rebound Has Crypto Options Traders Anticipating $100K
7.5.2024
The number of active bitcoin call contracts is significantly higher than puts, indicating bullish market sentiment
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
7.5.2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request...
US Spot Bitcoin ETFs See $217M Net Inflows as GBTC Posts Second Consecutive Day
7.5.2024
US spot Bitcoin ETFs saw a net inflow of $217 million on May 6th as Grayscale's GBTC recorded a second consecutive positive day after seeing outflows for 78 days.
The post US Spot Bitcoin ETFs See $217M Net Inflows as GBTC Posts Second Consecutive Day appeared first on Cryptonews
Bitget’s Blockchain4Youth Celebrates 1st Anniversary, Educated Over 6,000 Participants Worldwide
7.5.2024
Bitget, a leading crypto exchange and web3 company, announces the first anniversary of its Blockchain4Youth program and launches recap videos of the program. The initiative celebrated a year of driving Web 3.0 adoption among the youth, staying true to Bitget’s core principles of innovation...
Bitcoin ‘as strong as ever’ with record high 200-day moving average
7.5.2024
The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.”
Lbank Now The 2nd Crypto Exchange To Confirm It Will List New Bitcoin Rival, Mollars Token
7.5.2024
The new Bitcoin rival, Mollars (MOLLARS), continues to gain ground before its official listing on public crypto exchanges. A second crypto exchange, “LBank,” announced Monday that it will list the new store-of-value crypto asset after the token presale closes.
The post Lbank Now The 2nd Crypto...
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
7.5.2024
Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have...