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Investor alert: Bitgert coin’s impressive week of advancements unveiled
1.5.2024
This week has been full of ups and downs in the cryptocurrency market, with some level of instability experienced generally. Despite this instability, Bitgert has performed exceedingly well in terms of growth, with investors smiling compared to others. This growth has drawn more investors into...
Figment takes over staking services for Dutch exchange Bitvavo
1.5.2024
Institutional staking platform Figment will become Dutch exchange Bitvavo’s new staking infrastructure provider
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
1.5.2024
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation...
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
1.5.2024
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit initiated following the discovery of discrepancies...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Extradition papers ready for Binance’s Anjarwalla, says INTERPOL Africa
1.5.2024
The Interpol official did not confirm that Anjarwalla is currently held in Kenya but noted that the fleeing crypto executive was last seen in the country
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
1.5.2024
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After...
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
1.5.2024
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your...
Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari
1.5.2024
The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...
Tether Invests $200 Million in Blackrock Neurotech, Launches Evo Division
1.5.2024
Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives...
Animoca Brands Joins Forces With Opal Foundation to Build Expansive Web3 Ecosystem on Bitcoin
1.5.2024
Animoca Brands, a Hong Kong-based game software company, has announced its partnership with the Opal Foundation to enter the Bitcoin ecosystem, leveraging the Opal Protocol to develop the largest Web3 ecosystem encompassing gaming, Defi, entertainment, education, and culture. The initiative, backed...
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
1.5.2024
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker...
Raoul Pal Signals ‘Banana Zone’ Rally, Predicts Strong ‘Crypto Summer’ for Digital Assets
1.5.2024
With cryptocurrency values on the decline and bitcoin down 13% from a month ago, British financial expert Raoul Pal predicts a rebound during the “Crypto Summer.” According to Pal, this rise will generate widespread excitement, and “everything will get caught up...
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
30.4.2024
On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com regarding the allegations against the company’s...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
30.4.2024
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission...
Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail
30.4.2024
On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coindesk, who reported directly from the courthouse....
Coinbase integrates Lightning Network for Bitcoin transactions
30.4.2024
The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...
Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold
30.4.2024
Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $271...