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Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
15.5.2024
Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is underpinned by observations of the global liquidity...
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
15.5.2024
Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of...
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT
15.5.2024
According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. Edmond de Rothschild Holding’s...
Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges
15.5.2024
On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital...
Andrew Tate Pours $6M Into Gamestop as Meme Stock Craze Continues to Shock Wall Street
15.5.2024
The frenzy surrounding GME and AMC remains ongoing, with both stocks experiencing increases of 200% and 150%, respectively, over the past five days. In the midst of this excitement, CNBC’s Mad Money host Jim Cramer suggested that the companies would be foolish not to seize the opportunity to raise...
SEC tries again for Debt Box suit dismissal with option to refile
14.5.2024
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
14.5.2024
Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear...
El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases
14.5.2024
The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a popular block explorer, confirms that the country...
Welcome to the United Kingdom — Please hand over your crypto
14.5.2024
An April change to United Kingdom law will allow authorities to treat crypto like other assets by seizing it without accusing suspects of wrongdoing
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
14.5.2024
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated to double the capacity of the hydro-powered Yguazu...
Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar
14.5.2024
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty...
Polygon exec: Tokenized funds set to disrupt stable coin market
14.5.2024
With the proliferation of Blockchain technology among major financial institutions around the globe, token financial products may mark the return of the vintage financial scene. This trend may disrupt and pose a challenge to the long-standing dominance of stablecoins in this domain. According...
Kaspa network launches Rusty Kaspa Node in open beta
14.5.2024
Kaspa network brings the initial stable Rusty Kaspa (RK) node to the table, via which they will be moving towards an enhanced and maximized engine. Presently, being a segment of open beta, RK nodes consist of one-fourth of the P2P network and 29% related to hashrate mined via them. Transitioning...
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...
Regulators are cracking down on financial privacy, but ZK-proofs can help
14.5.2024
The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
14.5.2024
Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole...
Pre-launch token trading 20 times more volatile than post-launch trading: Keyrock
14.5.2024
Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report
Pepe coin makes historic leap, surges to new ATH
14.5.2024
PEPE, the deflationary memecoin on Ethereum, reached new heights in its journey. In the early hours of May 14th, PEPE reached its new all-time high, a whopping +37500% increase from its all-time low, standing at $0.000011. Many investors have been hopeful about the token’s performance since...
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....