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First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound
6.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
6.5.2024
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan...
FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network
Bitcoin’s latest dip: Crypto dreams clash with Reality
6.5.2024
Following a remarkable seven-month price increase, Bitcoin experienced its worst month since November 2022 in April, with a loss of over 16% of its value. Unexpectedly, this decline occurred immediately following the highly anticipated Bitcoin halving event that took place on April 18. However,...
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
6.5.2024
The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong
Analysts: Gold Rush In China Is Propping Prices Up
6.5.2024
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
6.5.2024
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents
Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week
6.5.2024
Hong Kong's newly launched spot Ethereum and Bitcoin ETFs accumulate about $2.73 million in assets under management in just one week, outperforming futures ETFs by 80%.
The post Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week appeared first on Cryptonews
Satoshi-era dormant Bitcoin address wakes up after 10 years
6.5.2024
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
Back to extreme greed past $65K? 5 things to know in Bitcoin this week
6.5.2024
Bitcoin manages an impressive comeback from two-month lows, but how high can BTC price action go before speculators take over?
Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17
6.5.2024
A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided...
Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions
6.5.2024
Bitcoin's price soars past $64K, buoyed by a surge in ETF investments and a historic milestone of 1 billion blockchain transactions.
The post Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions appeared first on Cryptonews
Bitcoin Crosses One Billion Transactions After 15 Years
6.5.2024
Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level.
The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews
Latam Insights: South African Ponzi Scheme Boss Dies in Brazil, Argentine House Passes Crypto Tax Regularization Bill
6.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets...
Market Making Mastery: Coinrate.pro CEO Reveals the 12x Market Caps Strategy
6.5.2024
PRESS RELEASE. Abu Dhabi, AE, May 6, 2024 – Amidst the 2024 resurgence of the bull market, with Bitcoin breaking the $72,000 mark, the demand for sophisticated market making has skyrocketed. Coinrate.pro has emerged as a trailblazer with its innovative market making strategies and forward-looking...
Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations
6.5.2024
The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses. The Australian Securities and Investments Commission (ASIC) underscores the importance of regulatory compliance to protect consumers in the volatile crypto market....
Crypto Excluded from New South Korean Donations Law
6.5.2024
Crypto, “including Bitcoin,” will be excluded from an amended South Korean donations law, government officials announced on May 5.
The post Crypto Excluded from New South Korean Donations Law appeared first on Cryptonews
Bad actors and ‘block storms’ — Bitcoin dev calls for testnet reboot
6.5.2024
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp