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Billionaire Mike Novogratz's Galaxy Digital Crypto Firm Reports $134 Million Profit in Q1 2023 – Crypto Bull Market Back?
10.5.2023
Crypto bull Mike Novogratz’s firm Galaxy Digital reported a profit of $134 million in the first quarter of this year, missing analysts’ expectations.
Galaxy’s earnings per share (EPS) for the quarter came in at $0.55, missing an estimate by analysts of $0.76....
Read More: Billionaire Mike...
Bitcoin Liquidity on the Brink as Jane Street and Jump Exit Crypto Markets
10.5.2023
The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst
$60 Million in USDT and MASK Token Sent from Crypto Exchange OKX to Alameda Research – What's Going On?
10.5.2023
In a recent move, one of the leading digital asset exchange platforms, OKX, announced the transfer of substantial funds to Alameda Research.
The transfer involves $60 million worth of USDT (Tether) and MASK tokens.
Based on the report from a crypto analytics platform, Arkham Intelligence,...
Green Recycle-2-Earn Crypto Project Ecoterra’s Presale on Fire, Nears $3.5 Million as 10% Price Rise Approaches
10.5.2023
Green Recycle-to-earn (R2E) crypto project Ecoterra’s presale is on fire, with sales of $ECOTERRA nearing $3.5 million as investors rush to get in ahead of a 10% price rise.
With Ecoterra’s presale having only crossed the $3 million mark around five days ago, that means the environmentally...
Here’s why crypto prices are down
10.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling
PayPal's Crypto Holdings Approach $1 Billion, Primarily in Bitcoin and Ether
10.5.2023
PayPal has disclosed that it holds nearly $1 billion in cryptocurrencies on its balance sheet, mainly consisting of BTC and ETH.
In its latest quarterly financial performance report, the financial payments giant revealed that it holds $943 million worth of customer assets in bitcoin, ether...
Crypto Self-Regulatory Organization Plan Floated in US House Hearing
10.5.2023
US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge.
Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would...
Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
10.5.2023
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month...
Crypto Isn’t Ready for Jack Bogle
10.5.2023
Alex Botte of Runa Digital Assets explains why crypto isn’t ready for passive investing
Web3 Represents a Strong Alternative to Today’s Internet
10.5.2023
Web3 is a strong alternative to the current centralized internet, and there are associated crypto tokens worth examining
Crypto Exchange Binance Trading Volume Fell Almost 50% in April
10.5.2023
Even so, it remains the dominant centralized exchange in the industry
Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches VIP Capital Connect Service
10.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches...
We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless
10.5.2023
The lack of clear crypto regulation risks sending companies overseas. Congress must bring regulatory clarity to crypto market structure, defining the bounds and appropriate legal treatment of crypto securities, commodities, and exchanges, say Jack Solowey and Jennifer J. Schulp
Joint U.S. House Hearing on Crypto’s Future Opens With Discord
10.5.2023
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules
US Extradites UK Hacker Responsible for 2020 Twitter Breach and Crypto Theft
10.5.2023
The United State Department of Justice has announced the extradition of a 23-year-old UK citizen behind the 2020 Twitter hack and other cybercrimes, including the theft of $794,000 in digital assets.
Joseph Hames O'Connor has pleaded guilty to being a key player in orchestrating a series...
3 best crypto investments 2023: Tradecurve, The Graph, & THORChain
10.5.2023
Many traditional investors are on a mission to diversify their holdings after the collapse of centralized banks and the overall increase in the inflation of FIAT currencies. Decentralized alternative investments have been a major point of appeal, so investors have begun exploring the Web3 space....
Pepe sans crypto: Mods purge crypto from the original meme subreddit
10.5.2023
After the explosion in popularity of the memecoin $PEPE, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law
Crypto crackdown can’t stop TMS Network from rising, dwarfing LTC & ADA in face of SEC flareups
10.5.2023
There’s never a dull moment in the crypto market besides healthy competition between cryptocurrencies. Projects like Cardano (ADA) and Litecoin (LTC) may have more time in the industry, but TMS Network (TMSN) is soaring past them. Currently focused on phase two of its presale, TMS Network...
William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of Flame
10.5.2023
Will Clemente III ditched school to become a crypto analyst and says Bitcoin has a strong chance of hitting six figures toward the end of 2024
Why Web2 companies fail in Web3 while others made it
10.5.2023
Web3 is now becoming the norm of this new era and therefore, a flurry of Web2 companies and venture capital firms are investing heavily in Web3 to avoid falling behind.