Anthony Scaramucci Predicts More Pension Funds Will Invest in Bitcoin, Says ‘We Are Still Early’ in BTC Adoption
SkyBridge Capital founder Anthony Scaramucci is predicting that more pension funds will add Bitcoin (BTC) to their investment portfolios. In a new interview on CNBC Squawk Box, the hedge fund veteran says other pension funds are likely to follow the State of Wisconsin’s decision to invest in Bitcoin to help pay for retirement benefits. New […]
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Solana meme coins surge up to 210% despite Pump.fun incident
Despite a security breach at Pump.fun, Solana’s meme coins saw a robust surge, with DogeBoy leading at a 210% increase.
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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
PRESS RELEASE. Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key […]Derivatives Giant CME Group Laying the Groundwork To Launch Spot Bitcoin Trading: Report
The world’s largest futures exchange is reportedly working on a plan to offer spot Bitcoin (BTC) trading amid growing interest in crypto-based investments. Citing three people familiar with the matter, the Financial Times reports that the CME Group has already held discussions with traders who want to buy and sell cryptocurrency on a regulated marketplace. […]
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Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
The price of bitcoin surpassed the $67,000 mark on Friday, reaching a peak of $67,482 per unit, the highest value since late April. This increase has resulted in the liquidation of nearly $45 million in leveraged bitcoin short positions over the past day. $120M in Crypto Positions Liquidated as Bitcoin Climbs Above $67K Bitcoin short […]Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued […]Kraken may delist USDT in EU to comply with MiCA
Kraken is reviewing its support for Tether’s USDT in the EU as new MiCA regulations approach and impact stablecoin operations.
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Bank of America Blames Customers, Ignores Law, Denies Fraud Claims Without Any Explanation or Proof Whatsoever: New Class-Action Allegations
A Bank of America customer just launched a class-action lawsuit accusing the lender of illegally refusing to reimburse legitimate victims of fraud. Plaintiff Kimberley Dennie says she lost her BofA debit card in February and soon watched several unauthorized transactions hit her account. Dennie says she promptly reported the card as lost or stolen and […]
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China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global linkage of a faster payment […]New Crypto Presale to Watch: WienerAI Meme Coin Hits $2M Milestone
Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence (AI). That’s exactly what the team behind WienerAI (WAI) has devised – an approach that has helped them raise over $2 million in the project’s ongoing presale phase. WienerAI – The AI-Powered Meme Coin Revolutionizing Crypto Trading […]US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of inflows, gaining $4.6 million during the trading sessions. Spread Between IBIT and GBTC Bitcoin Reserves Grows Thinner U.S. spot bitcoin ETFs continued their streak this week with four […]Bitcoin Mirroring Exact Scenario That Preceded Run to Record High, Says Kevin Svenson – Here Are His Targets
Cryptocurrency analyst and trader Kevin Svenson is saying that Bitcoin (BTC) is flashing bullish signals in a similar manner to what happened earlier this year. Svenson tells his 78,100 YouTube subscribers that Bitcoin is breaking out of a reversal bottom pattern. “We are breaking out of a reversal bottom pattern. So this is really bullish, […]
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Token Terminal and Messari release research reports on TRON network for Q1 of 2024
Gain insights into TRONs advancements in Q1/2024 from Token Terminal and Messari, including growth in DeFi and stablecoin sectors.
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Velar and Bitlayer introduce Bitcoin’s first perpetual DEX
Velar and Bitlayer launch Velar Artha, the first PerpDex on Bitcoin, enabling secure, decentralized perpetual contract trading.
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Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges in maintaining its 1:1 […]
Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance
Binance exec Tigran Gambaryan denied bail by Nigerian court, faces money laundering and tax evasion charges.
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Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement
Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took advantage of its position to misappropriate 12.3K SOL, worth $1.9 million. An X user nicknamed Staccoverflow, confirmed to be part of pump.fun’s team, declared he […]What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule?
US Senate’s vote to revoke SEC’s crypto rule now hinges on Biden’s veto, with potential major implications for the crypto sector.
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Binance exec denied bail in Nigeria money laundering trial
Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly due to a stolen previous one.
Tigran Gambaryan, a Binance executive detained in Nigeria since February, has reportedly been denied bail by a Nigerian court in a money laundering trial.
According to a local media report, Judge Emeka Nwite denied the bail application, stating that he believed Gambaryan posed a flight risk and would likely flee if released on bail.
Gambaryan, Binance Holdings and another senior executive, Nadeem Anjarwalla — who is currently at large — face charges from the Economic and Financial Crimes Commission (EFCC) related to money laundering and the financing of terrorism.
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH as Altcoins […]
Pink Drainer shuts down after dealing over $85 million in damage
Pink Drainer, a notorious crypto wallet-draining service, announces its closure after pilfering over $85 million from more than 21,000 victims in the past year.
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Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading volume of $28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages and oscillators signals a strong upward […]‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why
A trader known for making accurate crypto calls is suddenly turning bearish on memecoins. Pseudonymous analyst DonAlt tells his 550,400 followers on the social media platform X that memecoin projects could suddenly collapse. “I’m personally convinced it’s over for memes, rest of the market might get out of this ok but I’m expecting memes to […]
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The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]
Binance partners with Taiwan authorities in $6.2M money laundering crackdown
Binance and Taiwan’s authorities dismantle a $6.2m laundering operation, highlighting the power of global law enforcement collaboration.
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Crypto Trader Says Bitcoin Is out of the Post-Halving ‘Danger Zone’ – Here’s His Outlook
A cryptocurrency analyst and trader believes Bitcoin (BTC) is no longer at risk of a further market correction. The analyst pseudonymously known as Rekt Capital tells his 76,900 YouTube subscribers that based on historic precedence Bitcoin has left the phase, or “danger zone,” when there is a likelihood of a dip below its range low […]
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Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and More
Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from May 31st to June 30th, invites builders worldwide to showcase their skills in various onchain use cases, including payments, commerce, gaming, and social. The Buildathon offers 200 ETH in total prizes across eight sponsored tracks, […]Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine months, driven by factors such as the recent Bitcoin halving event and […]Tim Draper Champions Blockchain Startups: Announces Major Partnership With Stellar
Renowned venture capitalist Tim Draper announced a significant collaboration between Draper University and Stellar. The partnership aims to accelerate and fund up to 80 startups over the next two years, with these startups set to build on the Stellar blockchain platform. The initiative includes the Stellar Astro Hacker House and the Stellar Embark Accelerator, programs […]Solana leads as the fastest among large-scale blockchains — CoinGecko
Solana, the fastest blockchain, processed 91M transactions in a day, 46 times faster than Ethereum and 5 times faster than Polygon.
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