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Bitcoin (BTC)
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Cardano: Analyzing what's going wrong as ADA's price struggles around $0.45.
ADA continued the stop-and-start price trend. Active addresses increased slightly. After experiencing a two-day downtrend, the recent uptrend in Cardano [ADA] would certainly be welcomed by The post Cardano: Analyzing what's going wrong as ADA's price struggles around $0.45 appeared first on AMBCrypto. origin »
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Nigeria to remove Naira from P2P trading platforms to curb currency manipulation.
The Nigerian government has revealed intentions to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms. Emomotimi Agama, the Director General of the Nigerian Securities and Exchange Commission (SEC), reportedly revealed this plan during a virtual meeting with the country’s blockchain stakeholders today as part of a wider effort to combat the […] The post Nigeria to remove Naira from P2P trading platforms to curb currency manipulation appeared first on CryptoSlate. origin »
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German central bank president calls for swift adoption of CBDCs to stay competitive..
Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital currencies (CBDCs). origin »
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Robinhood crypto gets Wells Notice: Investors 'disappointed' in the SEC.
SEC issued a Wells Notice to Robinhood for potential securities violations. Robinhood responds proactively to regulatory challenges by adjusting operations. Once again, the United States SecThe post Robinhood crypto gets Wells Notice: Investors 'disappointed' in the SEC appeared first on AMBCrypto. origin »
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Bitcoin mining difficulty set for sharpest drop since FTX collapse.
Quick Take Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022. Newhedge forecasts a reduction of over 4% on May 9, which would mark a substantial trend shift after the Bitcoin halving. origin »
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Central banks must revise business model, embrace CBDCs — ECB member.
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. origin »
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Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users.
In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and large-scale traders to isolate those made by real individuals. origin »
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Skyrocket Your Crypto Portfolio In 2024: 5 Cheap Altcoins Promising 55x Returns.
The crypto market is booming, and the quest for lucrative investment opportunities is more intense than ever. This year has proven fertile ground for investors looking to expand their portfolios. origin »
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Ethereum co-founder Joe Lubin challenges SEC’s authority in a legal battle over MetaMask.
Joe Lubin, co-founder of Ethereum and founder of Consensys, has initiated a legal battle against the U. S. Securities and Exchange Commission (SEC), contesting the regulator’s authority over Ethereum and its associated products, specifically the MetaMask crypto wallet. origin »
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Franklin Templeton foresees Solana as third-largest cryptocurrency.
Asset management firm Franklin Templeton sees growing potential in Solana to cement itself as the third-largest cryptocurrency in the market. The asset manager with over $1.5 trillion in assets under management (AUM) took to X on May 2 to praise… origin »
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Crypto firms to see more enforcement actions within 2 years — CFTC chair.
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation. origin »
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Dormant Bitcoin whale resurfaces after 10 years, moves $44 Million in BTC.
A decade-old Bitcoin whale wallet stirred the crypto world after moving $44 million worth of BTC, prompting speculation and market concerns. origin »
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The SEC Can’t Stop Suing Crypto Companies.
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case. origin »
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Data Scientist Explains Why Investing in Meme Coins Is High Risk, Low Reward.
Crypto Koryo, a data scientist, details why investing in meme coins is riskier now, with a market flooded by new tokens and increased competition. The post Data Scientist Explains Why Investing in Meme Coins Is High Risk, Low Reward appeared first on BeInCrypto. origin »
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Robinhood Receives Enforcement Notice From The SEC For Alleged Securities Violations.
Robinhood Crypto, the digital asset arm of the popular trading platform Robinhood Markets, has been served with a Wells Notice by the US Securities and Exchange Commission (SEC). origin »|
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Ethereum Spot ETF Approval Delayed: SEC Postpones Verdict on Invesco’s Proposal.
Pessimism surrounding Spot Ethereum ETFs approval is set to increase as the United States Securities and Exchange Commission (SEC) has opted to delay its decision on the approval process of Invesco Galaxy’s ETH Spot ETF, fueling uncertainty in the crypto market. origin »
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Binance CEO says Nigeria ‘unlawfully detained’ Tigran Gambaryan.
Binance CEO Richard Teng says the Nigerian government has made a “dangerous precedent” for all companies worldwide following the detention of the exchange’s two employees. The arrest of two mid-level employees following their invitation to collaborate on policy meetings in… origin »
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VALR – The South African Exchange Going Global.
Farzam Ehsani is Co-founder and CEO of VALR, a South African crypto exchange headquartered in Johannesburg, South Africa. With regulatory approval to operate in Europe, VALR has 1000 corporate and institutional clients, more than half a million users, and now is expanding globally. origin »
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Historic Milestone: The Bitcoin Network Has Now Processed Over 1 Billion Transactions.
The Bitcoin network recently reached a huge milestone with its one billionth recorded transaction. origin »|
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XRP Price Explosion to $5 In The Cards as Ripple’s Stablecoin Proves To Be Game-Changer.
The XRP community is excitedly buzzing following Ripple's tantalizing hints about its upcoming stablecoin project. origin »|
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Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure.
Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs. origin »
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Bitcoin Trader Sends $70 Million to Wrong Address, Other Falls for Crypto ATM Scheme.
Crypto traders are increasingly targeted by sophisticated scams, losing billions in 2023. Experts urge caution with transactions and skeptical scrutiny of dubious offers. The post Bitcoin Trader Sends $70 Million to Wrong Address, Other Falls for Crypto ATM Scheme appeared first on BeInCrypto. origin »
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Cardano Founder Considers Partnership With Bitcoin Cash – What Is It About?.
Cardano’s (ADA) founder, Charles Hoskinson, recently raised the possibility of Cardano partnering with Bitcoin Cash. He noted how significant this partnership could be for Bitcoin Cash as it would put it ahead of networks like Bitcoin. origin »
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Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says.
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor's MicroStrategy (MSTR) stock could surge, too, on its way toward getting "meaningfully higher" by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday. origin »
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Pepe (PEPE) and AIOZ Network (AIOZ) roar to life as Bitbot presale nears $3.5M.
Pepe (PEPE) and AIOZ Network (AIOZ) have emerged as notable gainers in today’s cryptocurrency market, each experiencing significant price movements driven by distinct factors. While PEPE grapples with the aftermath of a whale dump, AIOZ rides the wave of excitement following its listing on Bithumb. origin »
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Nigeria to ban person-to-person cryptocurrency trading to protect the naira.
In a significant regulatory shift, Nigeria has announced plans to prohibit person-to-person (P2P) cryptocurrency trading in the Nigerian naira, aiming to safeguard its local currency from further depreciation and market manipulation. origin »
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Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded.
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license. origin »
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BTC, ETH and XRP Price Prediction for May 6.
Which top coins have energy to rise this week? origin »
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Dylan LeClair Joins "MicroStrategy of Asia" as Director of Bitcoin Strategy.
Metaplanet hired leading industry analyst Dylan LeClair to drive its corporate Bitcoin strategy, positioning itself as a "MicroStrategy of Asia" and pioneering public firm adoption in the region. origin »
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Bitcoin's 200 Day MA Hits New All-Time High as BTC Jumps 10%.
Anthony Pompliano has revealed key triggers that have driven Bitcoin's 10.35% recovery origin »
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Australia targets personal data of 1.2 million crypto traders.
The Australian Taxation Office (ATO) has asked crypto exchanges in the country to hand over the personal data and transaction details of 1. 2 million traders. ATO’s stringent requirement comes amid an increased interest in crypto across Australia, Reuters reported on May 7. origin »
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Ripple v. SEC: Crypto Lawyer Pinpoints Pivotal Decision in Remedies Phase.
SEC's reply brief in ongoing remedies phase is due May 6 origin »
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Sustainability-Focused Crypto RVM Token Set to Launch Presale on May 15.
RVM Token, a pioneering cryptocurrency focused on sustainability, has announced that it will launch its presale on May 15, 2024. This move follows plans to revolutionize waste management and combat the global crisis of waste generation. origin »
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Dormant Bitcoin Wallet With 687 BTC Suddenly Awakens After 10 Years.
A dormant “Satoshi Era” wallet containing 687 Bitcoin valued at approximately $43.9 million has been activated after a decade of inactivity. origin »|
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Runes and BRC-20s are just a stepping stone for Bitcoin DeFi.
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi. origin »
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Gnus.AI Discord hack causes $1.27M in losses.
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens. origin »
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Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction.
The exchange-traded funds only managed to attract around $22.5 million in inflows during their first week of launch.
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Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes.
The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market. origin »
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Defying the Odds: How Apu Apustaja Evolved from Meme to Memecoin Sensation.
Apu Apustaja, the beloved internet meme that has won over the hearts of countless individuals, has now made its mark in the realm of cryptocurrency. Once celebrated as the ultimate internet sensation, Apu’s irresistible allure has catapulted it into the world of meme coins. origin »
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BlockDAG Adds 10 New Payment Methods After Viral Presale Touches $23M While Shiba & Avalanche Price Struggle.
The Shiba Inu price prediction faces uncertainty, and with values dipping below crucial support levels, enthusiasts watch cautiously. Meanwhile, the Avalanche price also encounters challenges, reflecting a significant downturn amid slowing NFT sales. origin »
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Marathon Digital, Kenyan government discuss crypto policy, energy use.
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.
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Tellor’s (TRB) market value doubles within a week amid surged whale activity.
Tellor (TRB) welcomed May with an impressive performance, with its market value ballooning from $143. 32 million on April 30 to $258. 81 million on May 7. TRB’s increased whale activity Tellor’s substantial growth coincides with amplified movements from large-scale investors. origin »
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Fairshake PAC and affiliates raise $102M to support crypto candidates.
The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties. origin »
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Visa reveals 90% of stablecoin transactions come from bots and big traders.
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa reveals 90% of stablecoin transactions come from bots and big traders appeared first on Crypto Briefing. origin »
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Bitcoin distribution ‘danger zone’ over, analysts say.
Bitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 reaccumulation range, new analysis suggests. origin »
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Best Cryptos For May 2024: BDAG Leads BNB, TON.
Top Cryptos For May 2024: BlockDAG Dominates With 30,000x ROI, Alongside Binance Coin And Toncoin As May 2024 approaches, the cryptocurrency landscape continues to buzz with activity, attracting substantial investor interest. origin »
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Bitcoin price still in ‘prime buy zone’ even with rally to $65K.
Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 on May 6.
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Shiba Inu’s Shibarium Supercharges with Transformative Hard Fork.
Shibarium, Shiba Inu's layer-2 solution, has successfully completed a transformative hard fork to enhance user experience and meet community demands. origin »|
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Pyth Network, Aevo, Memecoin, and Starknet set for over $2 billion token unlock this month.
May sees major token unlock event for crypto projects like Aevo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aevo, Memecoin, and Starknet set for over $2 billion token unlock this month appeared first on Crypto Briefing. origin »
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