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Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
31.5.2024
Measures have been taken to prevent further unauthorized outflows, the exchange said
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
31.5.2024
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner...
Arweave, ORDI, Monero surge pre-US inflation data release
31.5.2024
Cryptocurrency markets are experiencing a notable uptick, with Arweave, ORDI, and Monero among the digital assets seeing significant price increases. This surge comes as investors brace for the upcoming release of the US Personal Consumption Expenditures (PCE) inflation data, a key economic...
Crypto market braces for options expiry & inflation data impact
31.5.2024
Two events are about to happen on May 31, 2024. First, the monthly options for Bitcoin and Ethereum are about to expire. Second, the Federal Reserve is expected to post inflation data. Both could potentially impact the sentiments in the crypto market. Inflation data could be lower than expected...
How billions in outflows from Grayscale could impact Ethereum ETF launch
31.5.2024
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders
Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
31.5.2024
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said
Bybit Confirms Executive Shake Up After Notcoin Deposit Delays
31.5.2024
Cryptocurrency exchange Bybit has confirmed reports that several executives have "changed roles" after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users
Franklin Templeton CEO Jenny Johnson on Blockchain, ETFs & RWA
31.5.2024
Jenny Johnson, the President and Chief Executive Officer of Franklin Templeton, recently attended Consensus 2024. She participated in the panel discussion, where she discussed RWA Tokenization, the potential of blockchain in boosting TraFi, and Bitcoin ETFs. For reference, Franklin Templeton...
3 solid Bitcoin indicators predicting BTC price rise to $75K in June
31.5.2024
A breakout from Bitcoin's symmetrical triangle pattern is imminent as long-term holders continue to accumulate
Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation
31.5.2024
Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily...
Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
31.5.2024
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said
NFT sales volume tumbles 54% in May: CryptoSlam
31.5.2024
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining
Consensus 2024: Garlinghouse predicts XRP, Solana, and Cardano ETFs
31.5.2024
Investing in cryptocurrencies is expected to have a bright future, and there are plans to launch other crypto ETFs. This comes after the recent approval of Bitcoin ETFs, as well as the progress made in ether ETFs on the Ethereum platform. Recently, Ripple CEO Brad Garlinghouse stated that...
TVVIN to release its gold and utility token on Polkadot
31.5.2024
TVVIN announces the introduction of its LBMA-certified gold token ($VVG) and platform utility token ($TVVIX) on Polkadot to establish a framework for real-time asset tokens. TVVIN is a real-world asset (RWA) tokenization base that offers multiple types of RWAs, which include gold, silver, platinum...
First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data
31.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
31.5.2024
Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power facility, was deemed by authorities as the largest...
Smart crypto trader who made $2.7 million on Donald Trump’s MAGA coin reveals the next 100x runner
31.5.2024
Known only by their wallet “0x303”, a smart crypto trader made $2.7 million from the MAGA (TRUMP) meme coin, etching their presence into the annals of crypto lore just before the start of what is looking to be the beginning of the bull run. In search of the next crypto goldmine, this savvy trader...
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
31.5.2024
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket
Trump’s conviction affects political memecoins
31.5.2024
The hush money case proved former United States President Donald Trump guilty in a historical trial. As expected, the verdict pushed the political memecoins related to personality into chaos. The Manhattan jury deemed Trump guilty of a whopping 34 felony counts. In related news, a token named...
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...