Binance 3-Year Monitorship To Be Handled By FRA – Details

According to the latest report, the United States Department of Justice (DOJ) has granted the three-year monitorship of Binance to consulting firm Forensic Risk Alliance (FRA). This appointment is part of the exchange’s plea deal with the Justice Department last year. In November 2023, Binance entered into a plea deal with the DOJ related to […]...

Source name: bitcoinist

Related symbols: FRA-USD

40 minutes ago

Peter Schiff says “accusation of secretly owning Bitcoin” is a wrong to claim

Read this full report to know why people are accusing Peter Schiff of holding Bitcoin secretly...

Source name: bitcoinik

2 hours, 59 minutes ago

SEC Counters Coinbase’s Petition For New Crypto Regulations

The US Securities and Exchange Commission (SEC) has filed a countermotion against Coinbase’s rulemaking petition for the crypto industry. In a brief submitted on May 10, the US regulator argues against Coinbase’s request stating there is no need for creating a regulatory framework for crypto assets in place of existing US securities laws. Related Reading: […]...

Source name: bitcoinist

3 hours, 23 minutes ago

Here’s When 100M and 500M Shiba Inu Purchased Now Will be Worth $1M and $10M

Shiba Inu investors could see their 100 million and 500 million SHIB holdings skyrocket to $1 million and $10 million… The post Here’s When 100M and 500M Shiba Inu Purchased Now Will be Worth $1M and $10M first appeared on The Crypto Basic...

Source name: thecryptobasic

4 hours, 41 minutes ago

Bitcoin analyst indicates post-halving “Danger Zone” is nearing its end

Bitcoin Unable to Recover Decisively but analysts says this stable price level is healthy for Bitcoin's bull run. Read this full report...

Source name: bitcoinik

4 hours, 41 minutes ago

KangaMoon Raises The Bar of Meme Coin Functionalities As Polkadot And Polygon Eyes New Increases

Before, meme coins were just a short-term crypto stopgap to attain profit. As a result, traders usually swiftly enter and… The post KangaMoon Raises The Bar of Meme Coin Functionalities As Polkadot And Polygon Eyes New Increases first appeared on The Crypto Basic...

Source name: thecryptobasic

12 hours, 3 minutes ago

Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison

Sam Bankman-Fried (SBF), the once-revered wunderkind of the cryptocurrency world, has traded his penthouse for a prison dorm. Following his conviction for orchestrating a multi-billion dollar fraud at FTX, Bankman-Fried is facing a harsh reality far removed from his former life of luxury. Related Reading: Did Regulations Push LocalMonero Out? Privacy Coin Platform Bites The […]...

Source name: bitcoinist

13 hours, 11 minutes ago

5 Ultra High Potential Altcoins For 2024 Crypto Bull Run – IT’S STILL EARLY!

As the crypto market surges forward into 2024, investors are scouring for coins with the power to outpace their peers.… The post 5 Ultra High Potential Altcoins For 2024 Crypto Bull Run – IT’S STILL EARLY! first appeared on The Crypto Basic...

Source name: thecryptobasic

14 hours, 53 minutes ago

Here’s What Volatility Says About Where Dogecoin Price Is Headed

Dogecoin now finds its current price movement moving with a peculiar lack of action. In this case, the lack of action points to low volatility, especially in the last few days. Notably, on-chain data from IntoTheBlock has revealed that the crypto is now at its lowest point in the last 30 days. Related Reading: Did […]...

Source name: bitcoinist

17 hours, 2 minutes ago

Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance

At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly fluent in crypto policy...

Source name: coindesk

18 hours, 50 minutes ago

Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan

The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said...

Source name: coindesk

2 days, 19 hours, 3 minutes ago

Harvest Plans To Open Hong Kong Bitcoin ETF To Mainland China

Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Kong Stock Connect. This development could vastly expand the investor base and significantly impact the cryptocurrency market […]...

Source name: bitcoinist

2 days, 4 hours, 59 minutes ago

Binance, KuCoin Win Registration With India's Financial Intelligence Unit

KuCoin has paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with India's FIU...

Source name: coindesk

2 days, 28 minutes ago

BNB Chain Announces 4 Upcoming Hard Forks on opBNB to Reduce Gas Cost by 10x

BNB Chain looks to deploy four hard forks on opBNB, its Optimistic layer-2 solution, with an aim to significantly reduce… The post BNB Chain Announces 4 Upcoming Hard Forks on opBNB to Reduce Gas Cost by 10x first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 19 hours, 17 minutes ago

XRP Ledger Validator Launched By Japanese Financial Titan: Details

SBI VC Trade, a subsidiary of SBI Holdings, has commenced its role as a validator node on the XRP Ledger (XRPL). This move by SBI, a major player in Japan’s financial sector, underscores its commitment to playing a pivotal role in the governance and development of the ledger. SBI Announces XRP Ledger Validator Launch The […]...

Source name: bitcoinist

2 days, 24 minutes ago

Shiba Inu Lead Developer Sends a New Cryptic Message to Community Via This Partner 

Shiba Inu’s lead developer Shytoshi Kusama has conveyed a new cryptic message to the community through its official AI partner… The post Shiba Inu Lead Developer Sends a New Cryptic Message to Community Via This Partner first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 4 hours, 50 minutes ago

Here Are Top Predictions for XRP to Hit $200, $400 and $1000

While XRP trades at $0.5, some prominent figures in the crypto scene have argued the asset could attain lofty highs… The post Here Are Top Predictions for XRP to Hit $200, $400 and $1000 first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 3 hours, 29 minutes ago

Coinbase’s Motion For Interlocutory Appeal Should Be Rejected, SEC Argues

The United States Securities and Exchange Commission (SEC) has responded to Coinbase’s recent motion, as the legal battle between the regulator and the prominent cryptocurrency exchange heats up. The US-based exchange filed an interlocutory appeal in April after a judge denied its request for case dismissal. In June 2023, the SEC sued Coinbase, the largest […]...

Source name: bitcoinist

1 days, 3 hours, 56 minutes ago

Here are 4 Events That Could Take XRP to $59,873

An XRP community commentator calls attention to four pivotal events he believes are capable of taking XRP to an audacious… The post Here are 4 Events That Could Take XRP to $59,873 first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 4 hours, 10 minutes ago

JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs

JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January. The two lenders filed their 13F disclosures on May 10, revealing a modest investment in the Bitcoin ETFs. JP Morgan disclosed $731,246 of spot Bitcoin ETF investments in […] The post JP Morgan, Wells Fargo latest major banks to disclose Bitcoin exposure via ETFs appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 13 hours, 6 minutes ago

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows...

Source name: bitcoinmagazine

1 days, 14 hours, 10 minutes ago

86% of Bitcoin supply still in profit despite recent price drops – Glassnode

Quick Take As Bitcoin pushed toward a new all-time high in March, a significant milestone was reached on Feb. 28, with over 99% of the Bitcoin supply in profit. This was the first time since November 2021 that over 99% of the supply had been in profit, according to Glassnode data. On Feb. 28, just […] The post 86% of Bitcoin supply still in profit despite recent price drops – Glassnode appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 21 hours, 4 minutes ago

Apple’s Latest iPad sends Render (RNDR) Price into 68% Rally

Render token price hit $4 on May 10, 2024, after surging 11% within the 24-hour timeframe; on-chain data suggests the… The post Apple’s Latest iPad sends Render (RNDR) Price into 68% Rally first appeared on The Crypto Basic...

Source name: thecryptobasic

Related symbols: RNDR-USD

1 days, 21 hours, 21 minutes ago

Binance Slapped With $4M Fine By Canadian Regulator For Violation Of Rules

Binance’s regulatory woes continue to mount as the world’s largest cryptocurrency exchange by trading volume has been fined C$6 million ($4.4 million) by Canada’s financial regulator, FINTRAC. The penalty was imposed due to Binance’s alleged failure to comply with money-laundering protections, specifically related to registering as a foreign money services business and reporting virtual currency […]...

Source name: bitcoinist

2 days, 7 hours, 5 minutes ago

XRP Price Forecast; $0.55 Rebound Looms as Network Transactions Surge by 120,000

XRP price slid below $0.50 on May 11, down 5% within the 24-hour timeframe, but spikes in network usage suggest… The post XRP Price Forecast; $0.55 Rebound Looms as Network Transactions Surge by 120,000 first appeared on The Crypto Basic...

Source name: thecryptobasic

23 hours, 49 minutes ago

Billionaire Mark Cuban Slams SEC Chair, Calls For Crypto Legislation

American billionaire Mark Cuban has criticized Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), in regards to the agency’s forceful regulatory approach towards the crypto industry. The highly esteemed television personality and crypto advocate has also emphasized the need for clear crypto legislation in a direct message to the US Congress. Related […]...

Source name: bitcoinist

1 days, 1 hours, 34 minutes ago

VC Founders Summit Takes Over Singapore: Shaping the Future of Innovation!

[Singapore, 2024] – Venture capitalists and industry leaders are gearing up for the much-anticipated VC Founders Summit, set to take place on September 21st. This summit promises to elevate discussions, foster collaboration, and chart the course for the future of innovation and investment. Building on the momentum of past gatherings, the VC Founders Summit aims […]...

Source name: bitcoinik

1 days, 2 hours, 52 minutes ago

BlockFi Announces Complete Website Shutdown, Selects Major Exchange For Fund Withdrawals

BlockFi, a centralized crypto lender, recently shut down its web platform and selected Coinbase as its distribution partner for customer fund withdrawals. The move comes as BlockFi aims to ensure a swift transition for eligible customers following the closure of its platform. BlockFi Selects Coinbase As Exclusive Partner According to the company’s press release on […]...

Source name: bitcoinist

1 days, 9 hours, 56 minutes ago

Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal

Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10. The firms’ previous Feb. 7 filing added a clause detailing that the sponsor — 21 Shares — intended to stake a portion of the fund’s assets through third-party providers. 21 Shares expected to receive ETH as a […] The post Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 10 hours, 57 minutes ago

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee...

Source name: coindesk

1 days, 14 hours, 14 minutes ago

Ethereum transaction fees hit record low as Layer-2 networks siphon activity

The average transaction fee on Ethereum has reached record lows as more activity moves to the Layer-2 (L2) networks on the chain. According to Ultrasound.money data, the average gas has dropped to 4.81 Gwei — the lowest level since the network completed the Merge event in 2022. Market observers attributed this decline to increasing activity […] The post Ethereum transaction fees hit record low as Layer-2 networks siphon activity appeared first on CryptoSlate...

Source name: cryptoslate

Related symbols: L2-USD

1 days, 16 hours, 9 minutes ago

Coinbase non-profit launches PAC to endorse pro-crypto politicians

Coinbase’s non-profit organization called “Stand for Crypto” has launched a political action committee (PAC) aimed at shaping crypto regulation through the 2024 electoral process. Stand With Crypto announced the launch on social media on May 10 and said the PAC will enable its approximately 450,000 members to financially support US Senate and House candidates who […] The post Coinbase non-profit launches PAC to endorse pro-crypto politicians appeared first on CryptoSlate...

Source name: cryptoslate

Related symbols: PAC-USD

1 days, 16 hours, 50 minutes ago

Whale On The Move: $18 Million Ethereum Withdrawal Triggers DeFi Frenzy

The Ethereum (ETH) market is buzzing with activity after a whale (an investor with significant holdings) made a splash by withdrawing a whopping $18 million worth of ETH from Binance, a leading cryptocurrency exchange. Related Reading: Transaction Fees To The Rescue! Bitcoin Miners Find Solace In Network Activity This move, meticulously tracked by blockchain analysis […]...

Source name: bitcoinist

Related symbols: ETH-USD

1 days, 17 hours, 10 minutes ago

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector...

Source name: coindesk

1 days, 18 hours, 21 minutes ago

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update

The Near Protocol's Near token has more than doubled in price in 2024...

Source name: coindesk

1 days, 18 hours, 21 minutes ago

Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments

Customers can now pay for luxury travel using CoinCorner’s Bitcoin payment solution...

Source name: bitcoinmagazine

1 days, 20 hours, 10 minutes ago

Fractals Point to Imminent VeChain Surge, With Target Set Toward $0.6

Crypto market analyst Ali Martinez sees VeChain (VET) skyrocketing to a $0.6 price target, citing the emergence of fractal patterns… The post Fractals Point to Imminent VeChain Surge, With Target Set Toward $0.6 first appeared on The Crypto Basic...

Source name: thecryptobasic

Related symbols: VET-USD

1 days, 20 hours, 34 minutes ago

Crypto scammer returns $34.7 million in stolen assets after victim offers bounty

The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million, has begun returning the funds, according to on-chain data. Blockchain security firm Peckshield reported that the attacker had returned 50% of the stolen funds— approximately 11,446.87 ETH worth $34.7 million—to the victim’s address as of press time. 10% bounty This refund comes […] The post Crypto scammer returns $34.7 million in stolen assets after victim offers bounty appeared first on CryptoSlate...

Source name: cryptoslate

Related symbols: WBTC-USD

1 days, 21 hours, 25 minutes ago

Over 46% of Bitcoin’s circulating supply hasn’t moved in 3+ years

Quick Take The Glassnode supply last active (SLA) chart overlays multiple cohorts, each representing a percentage of the circulating supply based on the duration since the coins were last active. These cohorts include 1+ years, 2+ years, 3+ years, and 5+ years. As coins are accumulated by long-term holders (LTHs), these metrics tend to rise, […] The post Over 46% of Bitcoin’s circulating supply hasn’t moved in 3+ years appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 22 hours, 15 minutes ago

Wadzpay (WTK) Price Surged 180% in May, Here’s Why

WadzPay price has surged to a 2-year peak of $0.9 on May 10 2024, reflect monthly timeframe gains in excess… The post Wadzpay (WTK) Price Surged 180% in May, Here’s Why first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 22 hours, 32 minutes ago

Bitcoin and Ethereum Options Worth $2B Set to Expire Today

Options data reveals that 18,000 Bitcoin (BTC) options and 280,000 Ethereum (ETH) worth $2 billion are set to expire today… The post Bitcoin and Ethereum Options Worth $2B Set to Expire Today first appeared on The Crypto Basic...

Source name: thecryptobasic

Related symbols: BTC-USD

1 days, 22 hours, 32 minutes ago

Ordinals sales elevate Magic Eden to top NFT marketplace surpassing Blur by $108 million

Magic Eden has surpassed Blur to become the top NFT marketplace in terms of trading volume, marking a significant shift in the competitive landscape of digital asset exchanges. This development comes as Blur, previously a dominant player in the Ethereum-based NFT market, sees a decline in its market share. According to DappRadar’s Dapp Industry Report […] The post Ordinals sales elevate Magic Eden to top NFT marketplace surpassing Blur by $108 million appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 2 hours, 50 minutes ago

Shiba Inu Team Unveils Main Reason Why It Created BONE

Shiba Inu marketing strategist Lucie has taken to X to explain the major reasons behind the creation of Bone (BONE),… The post Shiba Inu Team Unveils Main Reason Why It Created BONE first appeared on The Crypto Basic...

Source name: thecryptobasic

Related symbols: BONE-USD

2 days, 4 hours, 32 minutes ago

Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win

Exiled opposition leader Mark Fegyin is leading an effort to give Russians an anonymous, blockchain-powered way to register a "protest vote" against Russia's election results which have handed Vladimir Putin a fifth term as Russian president...

Source name: coindesk

2 days, 5 hours, 2 minutes ago

US House Opposes SEC’s Crypto Policy With New Resolution

The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting. US President Joe Biden released a statement opposing the resolution and revealing a possible veto if the bill passes the Senate. Related Reading: Donald Trump Champions Crypto: ‘I’m Good With It, […]...

Source name: bitcoinist

2 days, 8 hours, 9 minutes ago

Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back

Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."...

Source name: coindesk

2 days, 12 hours, 54 minutes ago

Here’s What Volatility Says About Where Dogecoin Price Is Headed

Dogecoin now finds its current price movement moving with a peculiar lack of action. In this case, the lack of action points to low volatility, especially in the last few days. Notably, on-chain data from IntoTheBlock has revealed that the crypto is now at its lowest point in the last 30 days. Related Reading: Did […]...

Source name: bitcoinist

17 hours, 2 minutes ago

Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance

At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly fluent in crypto policy...

Source name: coindesk

18 hours, 50 minutes ago

Even if this weekend’s solar storm destroyed civilization, Bitcoin would survive

The sun can produce massive flares of particles and radiation that can have a significant impact on Earth. Scientists have studied these flares for 150 years, focusing on what’s considered the largest such event of all time: the Carrington Event of 1859, named after British astronomer Richard Carrington. The sun erupted and pumped enough energy […] The post Even if this weekend’s solar storm destroyed civilization, Bitcoin would survive appeared first on CryptoSlate...

Source name: cryptoslate

20 hours, 49 minutes ago

PEPE Coin Gains Momentum, Eyes Continued Growth

Despite the current downturn of the crypto market, PEPE coin has been one of the tokens that is still holding strong as its price is still trading above the 100-day Simple Moving Average (SMA) and the trendline. The token whose total liquidity is valued at over $38 million and a 24-hour trading volume of over […]...

Source name: bitcoinist

21 hours, 10 minutes ago

Ripple CTO Explains How He Bought 40,000 Ethereum with $12,400

Ripple’s CTO, David Schwartz, revealed how he acquired 40,000 Ethereum tokens during the public initial coin offering (ICO). The revelation… The post Ripple CTO Explains How He Bought 40,000 Ethereum with $12,400 first appeared on The Crypto Basic...

Source name: thecryptobasic

23 hours, 49 minutes ago

Top Analyst Says Shiba Inu to Do 30X, Never Going to Zero 

Widely followed analyst Davie Satoshi has argued that Shiba Inu is a prime candidate among crypto assets capable of rallying… The post Top Analyst Says Shiba Inu to Do 30X, Never Going to Zero first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 1 hours, 11 minutes ago

Experts Project XRP Potential Surge to $3 and $20 

Two renowned crypto investors have issued positive predictions regarding XRP’s potential spike to $3 and $20, respectively. XRP has continued… The post Experts Project XRP Potential Surge to $3 and $20 first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 2 hours, 32 minutes ago

Analysts Predict Cardano Price to Spike Toward $7.8 to $10

Some analysts see Cardano skyrocketing to a range of $7.8 to $10, citing historical data from ADA’s performance in past… The post Analysts Predict Cardano Price to Spike Toward $7.8 to $10 first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 2 hours, 52 minutes ago

BEFE Coin’s Future: Understanding Its Position in the Evolving Crypto Landscape

The cryptocurrency world is moving towards shared progress and inclusivity of various projects amongst each other. Owing to this pursuit, BEFE coin has taken on the baton to make blockchain technology sustainable and valuable for all. Being a memecoin, BEFE has surprised the world with its pursuit of expanding the blockchain adoption model globally. In […]...

Source name: bitcoinik

1 days, 5 hours, 11 minutes ago

Bitgert Coin’s Future: What Makes It a Standout Investment

One main goal of every investor is to make profit and make intelligent decisions. If you’re not new to the cryptocurrency market, you’d know that now is a better chance to build generational wealth than before. With the new key players and projects coming to the market, investors are left with many opportunities. Still, they […]...

Source name: bitcoinik

1 days, 5 hours, 11 minutes ago

Cardano To Reach $9.86 If it Touches Ethereum Market Cap

Cardano price could skyrocket to by as much as 21x to clinch a price of $9.86 if it had Ethereum’s… The post Cardano To Reach $9.86 If it Touches Ethereum Market Cap first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 5 hours, 11 minutes ago

Here’s What Cardano Price Would Be if it Reaches Ethereum Market Cap

Cardano price could skyrocket to by as much as 21x to clinch a price of $9.86 if it had Ethereum’s… The post Here’s What Cardano Price Would Be if it Reaches Ethereum Market Cap first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 6 hours, 12 minutes ago

Bitcoin ETFs Soar As 3rd Largest US Bank Reveals Ownership In New Filing

In a notable development highlighting the increasing interest of traditional financial institutions in Bitcoin (BTC), Wells Fargo, the third-largest bank in the United States, has revealed its exposure to spot Bitcoin ETFs. The US Securities and Exchange Commission (SEC) approved the regulated index funds in January, allowing institutions like Wells Fargo to invest in the largest […]...

Source name: bitcoinist

Related symbols: BTC-USD

1 days, 6 hours, 59 minutes ago

Cardano Founder Unleashes Fury: Biden Administration Is ‘Destroying’ Crypto

The landscape of the United States’ cryptocurrency industry is embroiled in a fierce showdown between the Biden administration and industry stakeholders, with far-reaching implications for both the sector’s future and the nation’s political dynamics. Related Reading: Transaction Fees To The Rescue! Bitcoin Miners Find Solace In Network Activity Hoskinson’s Warning: A Vote Against Crypto Leading […]...

Source name: bitcoinist

1 days, 10 hours, 57 minutes ago

QCP Capital says the upcoming US presidential election might push Biden toward Crypto support

Read this full report to know why Bitcoin's bull run will be in its peak phase in Nov of this year...

Source name: bitcoinik

1 days, 11 hours, 55 minutes ago

IMF backs crypto to solve Nigeria’s forex issues despite local crackdown

The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges. The watchdog made the proposal in its latest consultation report for Nigeria. The move aims to bolster the country’s economic stability while enhancing its status within the African crypto sector. The recommendation comes amid […] The post IMF backs crypto to solve Nigeria’s forex issues despite local crackdown appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 12 hours, 25 minutes ago

SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question

Coinbase hasn't successfully argued that an appeals court needs to look at how securities regulations might apply to digital assets, the U.S. Securities and Exchange Commission (SEC) said Friday...

Source name: coindesk

1 days, 13 hours, 30 minutes ago

Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said...

Source name: coindesk

1 days, 14 hours, 14 minutes ago

Crypto Exchanges Experience First Decline In Trading Volume In 7 Months: Implications Explored

According to a recent Bloomberg report, trading volume on major cryptocurrency exchanges experienced a significant decline in April, marking the first drop in seven months. This decline coincided with a retreat in the price of Bitcoin, which had previously hit a record high of $73,700 on March 14th and then hit a monthly low of […]...

Source name: bitcoinist

1 days, 16 hours, 9 minutes ago

Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure...

Source name: coindesk

1 days, 18 hours, 21 minutes ago

Crypto And Politics: Cardano Founder Says Don’t Vote This Presidential Candidate

With the US presidential elections fast-approaching, industries such as cryptocurrency have been drawn into the discussion as to what it could mean for their future. Cardano founder Charles Hoskinson has also shared his insights on the elections, particularly on the candidates, about what a victory for each candidate would mean for the crypto industry and […]...

Source name: bitcoinist

1 days, 18 hours, 38 minutes ago

Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K

Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood...

Source name: coindesk

1 days, 19 hours, 26 minutes ago

Ex-Twitter CEO Says Bitcoin Will Hit “at Least” $1,000,000 Next 6 Years

Former Twitter CEO Jack Dorsey voices his optimism on Bitcoin, projecting it to surpass a $1 million value by 2030.… The post Ex-Twitter CEO Says Bitcoin Will Hit “at Least” $1,000,000 Next 6 Years first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 19 hours, 46 minutes ago

Cardano Shares Latest Updates on Conway, Smart Contract, Scaling, Catalyst, and Others 

Input Output Global (IOG), the development and research arm of the Cardano network, has published a new blog post, highlighting… The post Cardano Shares Latest Updates on Conway, Smart Contract, Scaling, Catalyst, and Others first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 20 hours, 7 minutes ago

Crypto Clash: Kraken Challenges SEC’s Definition Of Securities

Crypto exchange Kraken has intensified its fight against the US Securities and Exchange Commission (SEC) by formally submitting a reply in support of its motion to dismiss the agency’s lawsuit. The filing, dated May 9, 2024, challenges the SEC’s claim that Kraken operated as an unregistered exchange dealing with securities, specifically “investment contracts.” Led by […]...

Source name: bitcoinist

1 days, 21 hours, 25 minutes ago

Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing

Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas...

Source name: coindesk

1 days, 21 hours, 28 minutes ago

Cardano Bull Dan Gambardello Identifies How Long Before ADA Reclaims $1

Prominent Cardano pundit Dan Gambardello has suggested ADA could regain the $1 mark in the coming weeks amid the ongoing… The post Cardano Bull Dan Gambardello Identifies How Long Before ADA Reclaims $1 first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 22 hours, 56 minutes ago

Cardano founder introduces CIP-69 into the upcoming “Chang hard fork”

Cardano Skyrockets 90% in Volume as ADA Price Makes Surprising Reversal. Read This Full Report...

Source name: bitcoinik

2 days, 5 hours, 57 minutes ago

$300M Scandal Rocks Binance: Fired Investigators Accuse DWF Labs Of Manipulative Trading

Binance, one of the world’s largest cryptocurrency exchanges, has come under scrutiny after a Wall Street Journal report revealed that the platform fired its top investigators following their allegations of wash trading involving a top VIP client, DWF Labs. Binance Refutes Wash Trading Allegations The report alleges that DWF Labs conducted over $300 million in […]...

Source name: bitcoinist

2 days, 10 hours, 59 minutes ago

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program...

Source name: coindesk

2 days, 11 hours, 46 minutes ago

Shiba Inu Team Issues Critical Warning To SHIB Community Following Major Listing

The Shiba Inu team has issued a crucial warning to its community, alerting them to the presence of fraudulent groups seeking to exploit the trust of SHIB community members for personal gain. This cautionary message from the team arrives as the cryptocurrency scored another significant listing milestone. SHIB Team Cautions Against Scams The Shiba Inu […]...

Source name: bitcoinist

2 days, 12 hours, 27 minutes ago

US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1

US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8. The company revealed it purchased roughly 87,744 shares of Fidelity’s FBTC worth $5.4 million, 46,011 shares of Grayscale’s GBTC worth $2.9 million, and 178,567 shares of BlackRock’s IBIT worth $7.2 million. The company’s total investments stood at $71.8 billion, based on […] The post US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1 appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 13 hours, 11 minutes ago

7 Tips For Traveling With Bitcoin Keys

As Bitcoin becomes more integrated into everyday life, review some simple tips to keep your bitcoin safe and secure while on the road...

Source name: bitcoinmagazine

2 days, 13 hours, 31 minutes ago

Litecoin Price Forecast: What Next For LTC as Bulls Hold $80 Support

Litecoin price has stagnated around the $80 mark since the start of May 2024 despite positive sentiment surrounding the broader… The post Litecoin Price Forecast: What Next For LTC as Bulls Hold $80 Support first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 19 hours, 37 minutes ago

Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets

Lisbon, Portugal, May 9th, 2024, Chainwire Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate the adoption of onchain sport prediction markets. These efforts will allow millions of fans worldwide to further support and cheer for their favorite teams and athletes through […]...

Source name: bitcoinik

2 days, 20 hours, 45 minutes ago

5 Ultra High Potential Altcoins For 2024 Crypto Bull Run – IT’S STILL EARLY!

As the crypto market surges forward into 2024, investors are scouring for coins with the power to outpace their peers.… The post 5 Ultra High Potential Altcoins For 2024 Crypto Bull Run – IT’S STILL EARLY! first appeared on The Crypto Basic...

Source name: thecryptobasic

14 hours, 53 minutes ago

Tron DeFi On Fire: Ecosystem Surges Past $21 Billion Milestone

The Tron decentralized finance (DeFi) space is on fire, exceeding a staggering $21.7 billion in total value locked (TVL), according to recent reports. This surge signifies a robust and flourishing DeFi ecosystem on the Tron blockchain. However, investors should be aware of a potential short-term dip in the price of Tron’s native token, TRX. Related […]...

Source name: bitcoinist

22 hours, 51 minutes ago

Here are Two Crucial Dates for Shiba Inu (SHIB)

In the wake of the recent market downturn, we’ve outlined how May 11 and 12 could significantly impact Shiba Inu’s… The post Here are Two Crucial Dates for Shiba Inu (SHIB) first appeared on The Crypto Basic...

Source name: thecryptobasic

Related symbols: SHIB-USD

1 days, 1 hours, 11 minutes ago

Crypto CEO Identifies Event That Could Spark An XRP Rally To New ATHs

Crypto founder Matthew Dixon has made a bullish case for XRP, highlighting the factor that will cause the crypto token to experience that parabolic rise. A price rally for the crypto token looks well overdue, considering how it has continued to lag behind the broader crypto market. This Event Will Awaken The “Sleeping Giant” XRP […]...

Source name: bitcoinist

1 days, 1 hours, 58 minutes ago

Crypto exchanges jump to help flood-affected people in Brazil 

Brazil Floods Displace Hundreds of Thousands, Crypto Community Steps In. Read This Full Report...

Source name: bitcoinik

1 days, 5 hours, 11 minutes ago

Bitcoin hater JPMorgan financial firm holds Bitcoin Spot ETF shares

JPMorgan, Largest Bank in the US, Announces It Owns Bitcoin Spot ETF Holdings. Read this full report...

Source name: bitcoinik

1 days, 7 hours, 37 minutes ago

US Congress to potentially vote on new legislation for crypto industry by end of May

House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May. The proposed legislation — dubbed the Financial Innovation and Technology for the 21st Century (FIT21) Act — aims to provide clear […] The post US Congress to potentially vote on new legislation for crypto industry by end of May appeared first on CryptoSlate...

Source name: cryptoslate

1 days, 11 hours, 17 minutes ago

Next Crypto To Hit $1: Best Crypto Coins Under A Dollar To Buy Now – Feat. ButtChain, Beam, Vechain, And More!

For many crypto enthusiasts, there’s excitement and anticipation whenever a crypto coin hits the significant $1 mark. Reaching or surpassing… The post Next Crypto To Hit $1: Best Crypto Coins Under A Dollar To Buy Now – Feat. ButtChain, Beam, Vechain, And More! first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 11 hours, 55 minutes ago

Crypto Nonprofit Launches New PAC To Support Industry-Friendly US Congress Candidates

The November US elections could become a major event for the crypto industry as the government’s crackdown on the sector has created an unclear and uncertain landscape for investors and businesses. As such, voters and crucial figures are taking presidential and congressional candidates’ stances on the sector as a defining factor to consider. Recent reports […]...

Source name: bitcoinist

1 days, 14 hours, 10 minutes ago

DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg

The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources...

Source name: coindesk

1 days, 15 hours, 49 minutes ago

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

Perpetual futures markets price the fully diluted value of the token at around $15 billion...

Source name: coindesk

1 days, 17 hours, 37 minutes ago

Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing

Wells Fargo reported owning Grayscale's spot Bitcoin ETF...

Source name: bitcoinmagazine

1 days, 18 hours, 59 minutes ago

Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company

Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia...

Source name: coindesk

1 days, 19 hours, 2 minutes ago

Bearish sentiments around the $Eclip crypto token surges, as CEO faces allegations of sexual misconduct

Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations. Read this full report...

Source name: bitcoinik

1 days, 19 hours, 16 minutes ago

Tron DeFi Ecosystem Surpasses $21.7 Billion in TVL

The Tron DeFi ecosystem surpasses the $21.7 billion mark led by Just Cryptos & JustLend DAO, but TRX price faces… The post Tron DeFi Ecosystem Surpasses $21.7 Billion in TVL first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 19 hours, 46 minutes ago

Altcoins Turn Red: Top Cryptocurrencies With High Recovery Potential To Buy This Week

As the bearish market continues, key support levels for many altcoins are weakening, failing to absorb the overhead supply. The… The post Altcoins Turn Red: Top Cryptocurrencies With High Recovery Potential To Buy This Week first appeared on The Crypto Basic...

Source name: thecryptobasic

1 days, 20 hours, 7 minutes ago

Fatal Flaws in Modern Monetary Theory

Unpacking the Incoherence and Hubris of Modern Monetary Theory and Its Intersection with CBDCs and Bitcoin...

Source name: bitcoinmagazine

1 days, 20 hours, 37 minutes ago

TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

RNDR cheers Apple's brief mention of Render-powered 3D design software Octane...

Source name: coindesk

1 days, 22 hours, 42 minutes ago

Here’s When Holding 100K Cardano Will Yield $1M

In this bull season, Cardano investors with 100,000 tokens will become millionaires if ADA soars by 2,054%. Cardano has not… The post Here’s When Holding 100K Cardano Will Yield $1M first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 3 hours, 7 minutes ago

Luxor Q1 report predicts recovery in Bitcoin hashprice over next five months

Quick Take The Bitcoin mining sector has faced challenges with historically low hashprices in recent weeks following the halving event. However, hash prices surged to multi-year highs on the day of the halving, buoyed by increased fees attributed to Runes. According to Glassnode data, the hash price is $51,915 in USD terms and 0.84 BTC, […] The post Luxor Q1 report predicts recovery in Bitcoin hashprice over next five months appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 3 hours, 34 minutes ago

Here are 3 Solana Meme Coins to Consider this Week

Three Solana-based meme coins to watch this week as the market prepares for another bullish round. The crypto market is… The post Here are 3 Solana Meme Coins to Consider this Week first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 4 hours, 15 minutes ago

Shiba Inu Could Spike 1,126% to $0.0002858 Based on These Developments

Shiba Inu ecosystem market specialist Lucie argues that, based on prevalent ecosystem developments, Shiba Inu could record a greater price… The post Shiba Inu Could Spike 1,126% to $0.0002858 Based on These Developments first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 6 hours, 20 minutes ago

What the current price stability means for the Bitcoin futures market

The futures market is a critical component of the Bitcoin market, enabling investors to hedge against price volatility or to speculate on future price movements. Open interest is particularly telling of market sentiment when analyzing futures, as it indicates the amount of money flowing into futures contracts. The futures market has had a very volatile […] The post What the current price stability means for the Bitcoin futures market appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 8 hours, 53 minutes ago

Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings

One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York. Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […]...

Source name: bitcoinist

2 days, 8 hours, 53 minutes ago

Marathon reports record $337.2 million net income in Q1 2024

Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter. The firm’s quarterly net income, published in its May 9 earnings report, represents 184% year-over-year growth from $118.7 million in the first quarter of 2023. EPS for the quarter stood at $1.26 per diluted share The company reported record revenues […] The post Marathon reports record $337.2 million net income in Q1 2024 appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 10 hours, 59 minutes ago

How the U.S. Should Regulate Stablecoins

To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024...

Source name: coindesk

2 days, 15 hours, 6 minutes ago

Best Altcoins For Staking In 2024: Make 3X On Your Investments

2024 has sparked a bull run, igniting interest in altcoins that offer staking rewards. Investors hunt for opportunities to grow… The post Best Altcoins For Staking In 2024: Make 3X On Your Investments first appeared on The Crypto Basic...

Source name: thecryptobasic

2 days, 16 hours, 7 minutes ago

Robinhood CEO says SEC unwilling to facilitate crypto industry despite ‘good faith’

Robinhood CEO Vlad Tenev voiced strong concerns about the limitations regarding the accessibility of crypto for Americans and criticized the SEC for its “regulation by enforcement” approach toward the industry. Tenev made the statement during a CNBC interview on May 9, where he also discussed the significant increase in crypto trading on the platform and […] The post Robinhood CEO says SEC unwilling to facilitate crypto industry despite ‘good faith’ appeared first on CryptoSlate...

Source name: cryptoslate

2 days, 17 hours, 15 minutes ago

KangaMoon Raises The Bar of Meme Coin Functionalities As Polkadot And Polygon Eyes New Increases

Before, meme coins were just a short-term crypto stopgap to attain profit. As a result, traders usually swiftly enter and… The post KangaMoon Raises The Bar of Meme Coin Functionalities As Polkadot And Polygon Eyes New Increases first appeared on The Crypto Basic...

Source name: thecryptobasic

12 hours, 3 minutes ago