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Crypto Exchange Listing and Delisting Announcements: May 27, 2024

28.5.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. The post Crypto Exchange Listing and Delisting Announcements: May 27, 2024 appeared first on Cryptonews

Crypto traders are expecting records for Ether amid ETF hype

28.5.2024
Volatility is on the rise, yet traders see an optimistic window for further gains. This is cemented by the fact that there has been a pivotal transition in the stand of the US Securities & Exchange Commission. The agency has started showing interest in giving the green light to more crypto...

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

28.5.2024
Bitfarms' shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot's announcement

Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs

28.5.2024
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong...

Chainlink eyes $20 breakout amid market surge

28.5.2024
As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...

Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment

28.5.2024
The company announced its Bitcoin treasury strategy Tuesday morning

Bitcoin loses the momentum, ETH and SOL pick up their paces

28.5.2024
Bitcoin (BTC) was ideally tasked with sustaining the ongoing momentum. It was closer to surpassing the milestone of $70,000. Now, it has decided to retrace the tracks to $67,000. The target of $84,000 is still in sight, but it could be delayed comparatively. Meanwhile, Ethereum (ETH) and Solana...

Mt. Gox shifts approx $9.6B BTC to an unidentified address

28.5.2024
As per data released by Arkham Intelligence, there has been a major shifting of approximately $9.6 billion worth of Bitcoin by Mt. Gox to an unidentified address, which includes 42,830 BTC worth $2.9 billion, via its inactive wallet. The now worthless Bitcoin exchange, which degenerated in 2014...

Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy

28.5.2024
LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members

Bitcoin has '3 bullish reasons' to head higher after $68K dip — analysis

28.5.2024
Bitcoin price strength is not in danger after the Mt. Gox sell-off, says QCP Capital, as multiple factors align to boost crypto markets

Russian Commodities Firms Turn to Stablecoins for Transactions with Chinese Counterparts

28.5.2024
Russian commodities firms facing challenges in executing financial transactions with Chinese counterparts have turned to stablecoins. The post Russian Commodities Firms Turn to Stablecoins for Transactions with Chinese Counterparts appeared first on Cryptonews

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

28.5.2024
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache...

Ripple in limbo: ETF dreams clouded by SEC lawsuit

28.5.2024
Ripple is surrounded by two crucial factors – a legal battle with the US SEC and hopes for ETF approval. Both are linked to each other, except ETFs could take more inspiration if the dispute with the Commission settles at the earliest. Ripple anticipates increased interest in its product...

Polygon Labs co-founder Sandeep Nailwal assumes new ZK role

28.5.2024
Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK

LVMH is augmenting humans with AI, not replacing them

28.5.2024
The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees

Aave Network Set to Launch Following Aave V4 Protocol

28.5.2024
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest...