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Stablecoin issuer Tether (USDT) said it would use 15% of its net realized operating profits to purchase Bitcoin (BTC). In a May 17 company statement, the stablecoin issuer said it would self-custody the purchased BTC — adding that its purchase “will focus exclusively on utilizing realized profits from its investment strategy, disregarding unrealized capital gains […] The post Tether USDT to strengthen reserves with Bitcoin purchase appeared first on CryptoSlate. origin »
Over the last 30 days, Bitcoin's volume declined by nearly 37%. BTC worth $1.3 billion was taken off of exchanges on 15 May. Bitcoin's [BTC] volatility has again become a subject of interestThe post Bitcoin [BTC]: Analyzing the factors behind king coin's declining volatility appeared first on AMBCrypto. origin »
An on-chain metric is flashing bull market signals despite Bitcoin prices being in retreat at the moment as sentiment wanes. The post This On-Chain Bitcoin Metric Signals New Bull Market Forming appeared first on BeInCrypto. origin »
Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore their seed phrase. origin »
The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency origin »
The pioneering DAO allegedly offered “risk-free” products that cost American retail investors tens of millions of dollars in losses. origin »
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier. origin »
The price of Cardano has been following a bearish trajectory for the past couple of weeks. However, in recent trading sessions, there were bullish attempts as buyers tried to push the price higher. origin »
The U.K. Treasury Committee seemingly opposed the government’s proposal to recognize crypto as regulated financial activities. origin »
Lightning Labs, a leading Lightning Network infrastructure firm, has unveiled an enhanced edition of the Taproot Assets Protocol, offering Bitcoin users a potentially more efficient method for minting new assets on the blockchain. origin »
Coinspeaker China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation According to Chinese prosecutors, NFT creators hide in plain view through the use of airdrops, blind boxes, limited sales, and synthesis. origin »
The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm. origin »
Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler's massive hack. origin »
A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. origin »
At block height 792,772, CashTokens was officially implemented on the Bitcoin Cash network on May 15, 2023. This new upgrade allows developers to create tokens, CashTokens, with the same properties... origin »
Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might. origin »
Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability. origin »
The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase in selling pressure. origin »
Justin Sun, Tron's founder, comes forward with claims, presented in a Twitter thread, that the brother of Huobi's founder has repeatedly hoarded the exchange's native token for free. The post Justin Sun: Brother of Huobi Founder Acquired Millions of Free HT and Then “Cashed Out” appeared first on BeInCrypto. origin »
Attacker behind a fake HitBTC website might have stolen $15M worth of crypto from multiple scams and phishing attacks origin »
Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7% of the total amount staked with Lido Celsius has $4.7 billion of debts with creditors, and sent the market into a tailspin last year after it got caught up in the Terra contagion Celsius also […] The post Celsius withdrawing nearly $800 million of Ether from Lido appeared first on CoinJournal. origin »
Binance’s market share of the Bitcoin spot market continues trending downwards — suggesting the war on crypto is taking its toll on the world’s largest exchange. Shifting Bitcoin spot volume dynamics CoinShares’ Head of Research, James Butterfill, posted a chart of Bitcoin spot volume by centralized exchange (CEX) market share. origin »
Introduction In this analysis made by onchain analyst Ario, we delve into the trends of two popular memecoins, $PEPE and $SHIB, to determine if PEPE follows the path of SHIB. By examining price trends and liquidity insights, we gain valuable insights into the behavior of these cryptocurrencies. origin »
The SEC and Ripple have sparred for months over a set of documents related to Bill Hinman's 2018 speech on securities law and ether. origin »
Discover the intriguing metric, Year-over-Year Regional Supply Change, as we uncover the notable divergence between the U. S. and Asia in the Bitcoin market. We investigate the reasons behind the massive transfer of Bitcoin from U. origin »
The impact of cryptocurrency has been discussed quite a few times before, with its massive power usage and the resulting carbon emissions. This time, however, we’re going to highlight a couple of projects – namely Ecoterra and Big Eyes Coin (BIG) – that are fighting to counter the effects of crypto on the environment. In […] origin »
Rapid climate change and biodiversity loss are interrelated challenges our planet faces in the current era. Animals are being hunted to extinction. Forests are extensively cleared exposing the land toThe post Mooky: Conserving the environment with community owned DeFi tokens appeared first on AMBCrypto. origin »
While hardware wallets offer a high degree of security for cryptocurrencies, they are not entirely invulnerable. Understanding their vulnerabilities is key to protecting your digital assets. The post Are Crypto Hardware Wallets Private and Secure As They Claim? appeared first on BeInCrypto. origin »
Litecon bulls are taking advantage of the growing hype around the upcoming halving. A possible 200% rally could be on the cards for LTC after bouncing off support. Litecoin [LTC] was showingThe post LTC holders could be over the moon thanks to this halving outcome appeared first on AMBCrypto. origin »
The adoption of digital assets, specifically the two market leaders Bitcoin (BTC) and Ethereum (ETH), continues to grow with gains recorded this year and a potential pause in interest rate hikes. origin »
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules.
origin »While DeFi may be the wave of the future, the industry can still learn smart practices from leading CeFi companies.
origin »Wallets from 'suspicious list' have moved more than hundred LADYS to crypto exchanges origin »
OpenAI CEO Sam Altman urged U. S. lawmakers to regulate artificial intelligence companies during a Senate hearing, The Washington Post reported May 16. Altman calls for regulation Altman, whose company created ChatGPT, said that the U. origin »
Bitcoin recorded the second-highest NFT sales volume for any blockchain during the last seven days. Ordinals was the second-largest NFT collection, just behind the blue-chip collection BAYC. origin »
The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions. origin »
Delve into the complex world of mortgage-backed securities (MBS) and the Federal Reserve's $2. 6 trillion holdings. As interest and mortgage rates rise, the value of these securities is at risk of a substantial decline. origin »
Bitcoin hits new transaction volume milestone. However, miner revenue has been on a downfall. The excitement that we saw in Bitcoin from January to part of March has no doubt died down. origin »
According to recent court filings by the Securities and Exchange Commission (SEC), the Chicago-based firm Jump Trading LLC secretly propped up Terra (UST), the algorithmic stablecoin created by Do Kwon, a year before its eventual collapse. origin »
The cryptocurrency market saw net outflows of $2. 6 billion over the last 24 hours and currently stands at $1. 12 trillion — down 0. 2% from $1. 13 trillion. During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 0. origin »
Digital asset miners are under the radar of authorities once again concerning energy consumption and its impact on the environment. The White House released a report focused on digital asset mining, sustainable development, and “fair” taxation in the sector. origin »
Crypto exchange Coinbase has temporarily halted the rewards payout for its ETH staking service due to a technical issue. The post Coinbase Temporarily Halts ETH Staking Reward Payout appeared first on BeInCrypto. origin »
Fintech firm Ripple has won another battle in its war with the U.S. SEC. The result bumped the price of XRP up by 8% shortly after. The post XRP Jumps 8% on Latest Ripple Courtroom Battle Victory appeared first on BeInCrypto. origin »
HCW analyst says Bitfarms Ltd still has another 40% upside. The bitcoin miner reported strong results for its Q1 this week. Bitfarms stock is already up about 150% for the year at writing. Bitfarms Ltd is already up close to 150% versus the start of the year but an H. origin »
The number of unique wallets holding $PEPE, a crypto, has soared to 112,794, marking a significant surge. The data reflects growing investor interest and the rising popularity. origin »
Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default. origin »
Cryptocurrency users are once again reminded about the importance of using only authentic hardware wallets.
origin »On May 5th, Coinbase shares increased by 18. 33%, despite the company’s latest revenue report for the first quarter of 2023, which showed multimillion-dollar losses despite the rise in Bitcoin prices. origin »
Investors have been angling for a share of $ASI as token presale accelerates $ASI gears for its first listing in the second quarter Investors have earmarked a 10x gain for $ASI The idea of crypto becoming mainstream has been a hotly contested topic. origin »
The European Union Council the financial arm of the EU approved the Markets in Crypto-Assets (MiCA) regulations on May 16, a landmark piece of legislation that will establish... origin »
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