Stablecoin Market Cap Drops as Trading Volume Slows Down

The total market cap for stablecoins has fallen to its lowest levels since September 2021, according to CCData. The post Stablecoin Market Cap Drops as Trading Volume Slows Down appeared first on BeInCrypto. дальше »

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MakerDAO proposal seeks to hike DAI savings rate to 3.33%

The DAI savings rate was increased to 1% in December 2022, leading to 35 million DAI being deposited in a month, according to MakerDAO. дальше »

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Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product

Gemini and Genesis have asked a judge to dismiss an SEC lawsuit concerning its Earn product, according to developments on May 26. Genesis says Earn wasn’t a security Jack Baughman, a lawyer for Gemini, wrote: “The SEC claims that the contract setting up the Earn program was itself a security. дальше »

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Upcoming Interest Rate Hikes Could Be The Next Big Challenge For Bitcoin, Here’s Why

Bitcoin’s (BTC) current sideways price action has left investors wondering what the future holds for the world’s largest cryptocurrency. The upcoming interest rate hikes by the Federal Reserve (Fed) may pose the next big challenge for Bitcoin, according to the crypto market analysis firm Blofin Academy. дальше »

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Suitability Of Crypto Products To Be Included In Regulatory Frameworks – IOSCO Recommendation

According to a May 23, 2023 media release, the International Organization of Securities Commissions (IOSCO) issued global recommendations to jurisdictions on the regulation of crypto and digital asset markets. дальше »

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Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marketed to the general public. дальше »

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Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines

Bitcoin (BTC) miner Canaan reported a 3. 3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11. 1 million in mining revenue between January 1 and March 31. дальше »

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OPNX explains why Celsius was prioritized over FTX, others for bankruptcy tokenization

Celsius was selected first for OPNX’s bankruptcy tokenization due to the company’s “completely unredacted database,” according to Heimdall CEO Vishal Shah. Heimdall, a provider of business tokenization solutions, and OPNX partnered to roll out their bankruptcy tokenization product, enabling users with funds frozen on defunct platforms to access liquidity. дальше »

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Binance to halt Bitcoin spot trading with Australian Dollar

Crypto exchange Binance announced it would stop Bitcoin (BTC) spot trading activities with the Australian Dollar (AUD) on June 1, according to a statement on May 26. Additionally, the exchange would remove spot trading activities for other top cryptocurrencies like Cardano (ADA), Ethereum (ETH), Dogecoin (DOGE), XRP, BNB, Solana (SOL), and Polygon (MATIC) paired with […] The post Binance to halt Bitcoin spot trading with Australian Dollar appeared first on CryptoSlate. дальше »

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Altcoins Across The Sector Are Underbought: Santiment

On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now. MVRV Of The Various Altcoins Suggests Underpriced Conditions According to data from the on-chain analytics firm Santiment, cryptocurrency assets have become underbought as traders are now capitulating following a failed price rebound. дальше »

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Hex market cap loses $4 billion in a week

Blockchain network Hex (HEX) has seen around $4 billion wiped from its market cap over the past week, according to CryptoSlate data. Hex’s market cap dropped to as low as $2. 41 billion on May 25 from a peak of $6. дальше »

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Bitcoin, altcoins stand tall despite options expiry pressure

Quick Take Bitcoin and Ethereum held firm on a massive options expiry on May 26, according to Deribit data. Over $2. 2 billion worth of options expired on May 26 for Bitcoin. Despite this significant event, the currency held firm above $26,300. дальше »

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Animoca Brands co-founder explains why NFTs aren’t dead

While it’s evident that NFTs lost the glory they once had, Animoca Brands co-founder Yat Siu defended the non-fungible token market during a Bloomberg interview with host Caroline Hyde. According to Siu, the NFT world remains strong despite the faded activity. дальше »

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3 Reasons why Metacade (MCADE) is a good investment

Metacade price has pulled back sharply from its highest level this year. According to TradingView, MCADE was trading at $0. 021, meaning it has fallen by more than 13% from its highest level this year. дальше »

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Online Crypto Scam Targets Hyderabad Businessman

An Indian businessman has reportedly fallen victim to a crypto scam. He is now down about a quarter of a million dollars, according to a local report. The post Online Crypto Scam Targets Hyderabad Businessman appeared first on BeInCrypto. дальше »

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Apecoin holders' count registers an increase, thanks to...

Interest in APE amongst new addresses increased.  The coin's popularity on the social front went up high. According to Messari’s recent data, new users have started to accumulate large amThe post Apecoin holders' count registers an increase, thanks to... appeared first on AMBCrypto. дальше »

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OpenAI CEO Sam Altman’s Worldcoin raises $115 million in round led by Blockchain Capital

Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman, has raised $115 million in its Series C funding, according to a report by Reuters. Blockchain Capital, a leading venture capital firm focused on the blockchain industry, led the funding. дальше »

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Stably introduces #USD, the first Bitcoin network stablecoin

Stablecoin-as-a-Service (SCaaS) provider Stably has unveiled Stably USD (#USD), the first stablecoin operating on the Bitcoin network, according to a May 25 press release. The move introduces #USD as a native BRC20 token to the Bitcoin blockchain. дальше »

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U.S. sanction against Tornado Cash an attack on free speech, plaintiffs claim

The U. S. sanction on Tornado Cash is an infringement on free speech, according t0 plaintiffs challenging the sanction. They said the U. S. Treasury has only provided three examples of money launThe post U. дальше »

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Binance temporarily suspends deposits for 10 Multichain-bridged tokens

Crypto exchange Binance has announced a temporary suspension of deposits for ten Multichain-bridged (MULTI)  tokens, pending further clarification from the protocol’s team. According to a May 25 tweet from Binance, the exchange said the decision would affect some assets deposits with blockchain networks like Fantom (FTM), BNB Smart Chain, Ethereum (ETH), and Avalanche (AVAX). дальше »

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OpenAI CEO warns of exiting EU in the face of tighter regulations

OpenAI to try and comply with the guidelines before suspending operations in Europe. CEO said the current draft of the EU AI Act would over-regulate. According to a recent Reuters report, OpThe post OpenAI CEO warns of exiting EU in the face of tighter regulations appeared first on AMBCrypto. дальше »

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Whales make sudden multi-million dollar moves on Lido DAO, Illuvium and Holo

Data shows that three whales have made sudden moves on three different and rarely seen platforms — Lido DAO (LDO), Illuvium (ILV), and Holo (HOT) — despite the downtrend in the broader crypto ecosystem. дальше »

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The Bitcoin Rollercoaster: Why Every Upward Move Is Followed By A Steep Drop?

Bitcoin (BTC) has failed to hold onto gains over the past few weeks, giving back nearly all price increases shortly after they are made. According to crypto analyst and trader Daan Foppen, this phenomenon can be attributed to the outsized influence of futures markets on Bitcoin’s price action. дальше »

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Ethereum Staking Hits Over $40 Billion After Shanghai Upgrade: What It Means For ETH

The Ethereum (ETH) network has reached a significant milestone following the highly-anticipated Shanghai upgrade, as staking activity soars to new heights. According to crypto analytics platform Cryptorank, the Ethereum deposit contract balance has exceeded $40 billion, with users depositing over 4. дальше »

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Montenegrin court revokes Do Kwon’s bail

A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court decision also affects the company’s former CFO, Han Chong-Joon. дальше »

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Ethereum developer says now anyone can launch a token in less than a minute

The process of launching a new token has been simplified according to Aram Mughalyan, and Ethereum blockchain developer. дальше »

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Billionaire Mark Cuban says SEC crypto attacks will be futile

According to reports, billionaire Mark Cuban recently noted that the ongoing attack on crypto tokens by SEC and the U.S. government would ultimately not work.  дальше »

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13% of Bitcoin blocks mined over last 24 hours attributed to pool named “Unknown”

Quick Take According to data from Mempool, the  Bitcoin mining pool known as “Unknown” has mined 18 blocks in the last 24 hours, or 13% of all blocks. “Unknown” has mined 51 blocks in the past week, roughly 5% higher than the historical average. дальше »

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Crypto whale goes long on ETH, hinting at possible price jump

A whale with a history of profiting from previous crypto market movements has stocked up on 8.5 million USDT on Binance, intending to go long on ether (ETH). According to the on-chain expert investment analysis platform Lookonchain, a whale, who… дальше »

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Sharks & Whales Accumulate Stablecoins, Why This Could Be Bullish For Bitcoin

Data shows the sharks and whales of the largest stablecoins have been accumulating, something that may turn out to be bullish for Bitcoin. Sharks & Whales Have Been Loading Up On Stablecoins Recently According to data from the on-chain analytics firm Santiment, the sharks and whales have recently improved their share of the total supply of stablecoins like USD Coin (USDC), Dai (DAI), and Binance USD (BUSD). дальше »

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Gemini eyes UK as ‘second headquarters’

Gemini co-founders Cameron and Tyler Winklevoss are reportedly considering opening a second headquarters in the United Kingdom. According to a May 24 report from The Telegraph, the founders met with officials from the Financial Conduct Authority (FCA) and Bank of England as part of a larger plan to expand the business’s footprint outside of the United States […] The post Gemini eyes UK as ‘second headquarters’ appeared first on CryptoSlate. дальше »

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INTOverse Revolutionizes Its Social Mining to Foster Social Interactions in the Web3 Industry

INTOverse, a Web3 community management solution, has emerged as a trailblazer in the field of social mining, offering users a unique and profitable social experience. With its innovative approach to earning tokens effortlessly, INTOverse has gained significant attention and has become a leading player in the Web3 industry. дальше »

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ETH 2.0 value is rising despite losing many addresses

Ethereum (ETH) holders are on a downward movement while the total number of staked ETH in the ETH 2.0 contract constantly rising since the Shanghai/Shapella upgrade earlier this year in March. According to data provided by Glassnode, the number of… дальше »

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BTC traders, read this before you lose confidence!

Bitcoin might already have started its next bull run according to address activity. Short-term sell pressure still a function of the run-up as evidenced by profit-taking in the near term. BiThe post BTC traders, read this before you lose confidence! appeared first on AMBCrypto. дальше »

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HedgeUp (HDUP) Is Next, According to SHIB’s Psychic Man Who Envisioned 6000% Rise

He goes by the name Cryptodamus. He’s a mysterious figure in DeFi, which is saying a lot. He travels from Telegram to Discord, sharing wisdom and random musings. After accurately predicting Shiba Inu’s (SHIB) meteoric rise, people started referring to him as the “dog token oracle”. He became a bit of a meme after the […] дальше »

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Bitcoin HODLing Has Never Been More Popular

More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign. дальше »

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BLUR price surges as token is listed on BinanceUS

Blur has seen a 15% spike in its price over the past 24 hours, rising to trade above $0.53 according to data from CoinGecko. BLUR reached its all-time high of $5.02 on 14 February, 2023. While the current price is nearly 89% down from the peak, recent gains mean the altcoin is +21% from the […] The post BLUR price surges as token is listed on BinanceUS appeared first on Invezz. дальше »

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Crypto should mimic TradFi rules: Global securities regulator IOSCO

According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets.

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Bitget secures VASP license in Poland

Bitget, a leading cryptocurrency exchange and copy trading platform, has successfully registered as a Virtual Asset Service Provider (VASP) in Poland, according to an announcement the exchange published on Tuesday. дальше »

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Over $2.2B worth of options for Bitcoin set to expire on May 26

Quick Take Bitcoin has approximately 85,000 options awaiting expiry on May 26, according to Deribit data as of May 23. The leading crypto currently has a 0. 38 Put Call Ratio, whereas the maximum pain point is near the $27. дальше »

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FTX Token FTT Pumps As Holders’ Hopes Of Exchange Reopening Soon Swell

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Value in ETH 2.0 deposit contract peaks, fewer addresses hold large ETH amounts

According to recent data from blockchain analytics firm Glassnode, the total value held in the ethereum 2.0 deposit contract reached an all-time high (ATH) of $40,733,472,229.12. дальше »

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FTX token jumps 12% after news of possible restart emerges

Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing,  Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform. дальше »

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Nigeria CBDC experiment stumbles amid public resistance: Report

According to a report on ZeroHedge, the Central Bank of Nigeria’s (CBN), efforts to move the country towards replacing physical currency with eNaira faced significant resistance, leading to protests nationwide. дальше »

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Single Wallet Destroys 1.2 Billion SHIB, Burn Rate Surges Over 2,000%

In a display of token destruction, a single wallet has set the Shiba Inu (SHIB) community ablaze by destroying a significant amount of SHIB tokens. According to data from the Shiba Inu burn tracker, Shibburn, the Shiba Inu burn rate is currently up by 2,372% in the past 24 hours due to the burn from one single wallet. дальше »

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Inferno Drainer: The $6 Million Web of Deception

According to a recent investigation by Scam Sniffer, a scammer by the name of Inferno Drainer is believed to have conned thousands of unsuspecting users, extracting approximately $6 million in cryptocurrency assets. дальше »

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Litecoin’s MVRV Has Surged, Why This Is Bearish

On-chain data shows the Litecoin MVRV has been at relatively high levels recently, something that could be bearish for the cryptocurrency. Both 30-Day & 365-Day Litecoin MVRV Ratios Are High Currently According to data from the on-chain analytics firm Santiment, LTC traders are well above water at the moment. дальше »

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U.S. loses top spot as crypto leader, these countries join the race

The UAE might leave the U. S. behind as a cryptocurrency leader, according to an ARK Invest analyst. Several U. S. -based crypto enterprises are already looking overseas. The United States riskThe post U. дальше »

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Bitcoin is now the second largest chain by NFT volume

Quick Take Bitcoin is now the second-largest chain by NFT volume. According to The Block, this trend began in the first week of May, closing that period at $14 million. By May 8, NFT volume rose to $51 million but fell to $31 million the following week. дальше »

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Bitcoin Ready to Soar, According to Glassnode Co-Founder

Glassnode co-founder Yann Allemann suggests brighter days may be on the horizon дальше »

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