Kazakhstan’s Bitcoin mining industry has several challenges ahead

In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021. Kazakhstan’s mining industry boomed between 2020 and 2021, driven by cheap electricity, hosting demand, access to cheap Chinese machines, relaxed regulations, and tax benefits, according to a Hashrate Index report. дальше »

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zkLink Announces ‘Dunkirk Test’ Launch for DeFi Safety Standard, Utilizing Zero-Knowledge Proofs

zkLink, a multi-chain trading infrastructure that utilizes zero-knowledge proofs to ensure the security of decentralized finance (DeFi) protocols, has announced the first “Dunkirk Test” on May 11-13. дальше »

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Polygon (MATIC) Price Shows Vigor, Are Bulls Up To Something?

May is looking up for Polygon (MATIC) price as it is seen to be in the green zone for two consecutive days. Polygon bulls have picked up steam and momentum in the new month after bears held the prices down since mid-February. дальше »

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A Closer Look at Market Cap-Weighted Crypto Portfolios

Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives. дальше »

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3 signs PEPE token is about to trap bulls after 2,000% price rally

PEPE price risks losing 20% in May due to shaky technicals, waning retail interest and possible market manipulation.

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Solana (SOL) Price Trend Update: Will May Bring a Reversal?

The Solana (SOL) price is at risk of breaking down from an ascending support line. Doing so will confirm that a bearish reversal has begun. The post Solana (SOL) Price Trend Update: Will May Bring a Reversal? appeared first on BeInCrypto. дальше »

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Mashinsky argues Celsius Earn account are not securities

Celsius co-founder and former CEO Alex Mashinksy said Celsius Earn’s accounts are not securities in his defense of the New York’s attorney general charges against him, according to a May 2 court filing. дальше »

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Former Coinbase exec cancels $1m bitcoin bet, donates $1.5m to charity

Former Coinbase Chief Executive Officer (CTO) Balaji Srinivasan canceled his $1 million bet on bitcoin (BTC) on May 2 after it failed to reach $1 million within 90 days. Balaji gave $1.5 million to three organizations as part of the… дальше »

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$24,400 May Be Next Major Level Of Support For Bitcoin, Here’s Why

Historical data of an on-chain indicator may suggest that the $24,400 level could be a major level of support for Bitcoin right now. Bitcoin STH MVRV Would Hit 1. 0 If Price Declines To $24,400 According to this week’s edition of the Glassnode report, the 1. дальше »

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Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?

Modern payments tools may eventually compete with banks. But is there a place for tokenized bank deposits and central bank digital currencies in DeFi? дальше »

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Rumors circulate: Amazon NFT marketplace to launch this month

Amazon is set to launch its NFT marketplace by May 15, according to Web3 enthusiast and non-fungible collector Moritz. Amazon remains tight-lipped The world’s largest online retailer has been tight-lipped on the matter, making no official announcements on the rumors. дальше »

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Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Paris, France, May 3rd, 2023, Chainwire Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app. дальше »

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First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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How Much Does It Cost To Build A Blockchain In 2023

The paradigm shift towards a decentralized ecosystem, commonly referred to as Web 3. 0, has significantly amplified the need for blockchain solutions. If you aspire to join this billion-dollar industry, you may seek guidance from a blockchain development firm that can assist you in this regard. дальше »

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Metacade’s Highly Anticipated MEXC Listing Confirmed For 4th May

Metacade, the exciting new play-to-earn GameFi platform, continues its ascent as one of the most promising prospects in the space after announcing their listing date for MEXC Exchange at 09:00 UTC on the 4th May. дальше »

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Attorney explains why Ripple might opt for settlement with SEC

Attorney John Deaton argues that Ripple may settle with the SEC due to the high legal costs associated with the ongoing lawsuit. The legal battle continues as Deaton reveals optimism on Ripple winning дальше »

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April 2023 crypto recap. Top losers, market analysis and predictions

In April 2023, the crypto market experienced mixed performance. Bitcoin (BTC) has remained sideways for a month, trading at $28,500 as of May 3, while ether (ETH) saw minor gains amid the Shanghai upgrade, though it has now retraced to… дальше »

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Bitcoin miners have earned $50B from BTC block rewards, fees since 2010

They may have seen some hard times, but overall, estimates conclude that Bitcoin miners are up 37% from their activities.

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XRP Back on Coinbase? This May Happen, Believes Top Lawyer

XRP to relist on major US exchange if this happens, Jeremy Hogan suggests дальше »

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US lawmaker says CBDCs are tools for coercion and control

U. S. lawmaker Warren Davidson described Central Bank Digital Currencies (CBDCs) as a tool for coercion and control. In a May 2 Twitter thread, Davidson said CBDCs were the antithesis of sound money, warning people to beware of any protocol working with central banks to build digital currencies. дальше »

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Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does Not Signal End of Tightening

We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said. дальше »

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Bitcoin price forecast ahead of the Federal Reserve meeting

Bitcoin finds resistance at $30k The neckline of a head and shoulders pattern provides support The realized HODL ratio suggests investors may buy the dip The main event of the trading day is the Federal Reserve meeting. дальше »

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Metacade’s Highly Anticipated MEXC Listing Confirmed For 4th May

London, United Kingdom, May 3rd, 2023, Chainwire Metacade, the exciting new play-to-earn GameFi platform, continues its ascent as one of the most promising prospects in the space after announcing their listing date for MEXC Exchange at 09:00 UTC on the 4th May. дальше »

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Shiba Inu Price Analysis & Prediction (May 2nd) – Shiba Drops 5% Amid Latest Crackdown, at the Verge of Losing 4-Month Support

The latest meltdown has dragged the price of Shiba Inu to a crucial support level. A crack at the support could lead to a huge decline, which may send the price back to the late 2022 low before it takes a break. дальше »

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Apecoin Price Analysis & Prediction (May 2nd) – Ape Drops Below $4 Following a 4% Daily Loss, Are Bears Back?

While some altcoins have charted substantial gains recently, Apecoin remained indecisive and is yet to witness a major price movement. It currently looks calm but lost 4% over the past hours. The past weeks have been so uninteresting for traders and investors amid the negative sentiments that hits the entire space recently. This led Ape […] дальше »

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Binance Coin Price Analysis & Prediction (May 2nd) – BNB Bounces Off Key Support Amid Latest Market Drops

Binance (BNB) showed a sign of strength today after slipping from an important resistance level a few days back. However, it appeared to have found temporal support following the latest recovery across space. дальше »

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BTC traders could be in soup as Bitcoin oscillates between red and green

Transactions on the Bitcoin network soar to new highs attracting more mining revenue. Miner revenue also soared to a six-month high as of 1 May. As the world waits for the crypto market to rThe post BTC traders could be in soup as Bitcoin oscillates between red and green appeared first on AMBCrypto. дальше »

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zkLink Announces First “Dunkirk Test” to Establish New DeFi Safety Standard

Singapore, Singapore, May 3rd, 2023, Chainwire zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13. дальше »

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First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient

ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected. дальше »

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zkLink Announces First “Dunkirk Test” to Establish New DeFi Safety Standard

Singapore, Singapore, May 3rd, 2023, Chainwire zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13. дальше »

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zkLink Announces First “Dunkirk Test” to Establish New DeFi Safety Standard

zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first “Dunkirk Test”, a new DeFi safety standard, on May 11-13. During this event, zkLink will shut down its servers for 72 hours, inviting users to try the emergency asset recovery feature, and earn rewards for taking part in the test. дальше »

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Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

Crypto mining firm Marathon Digital Holdings on May 2 reported growth in some areas during its monthly review for April. Marathon produced 702 BTC (currently worth $20 million). That amount, measured in Bitcoin, represents a 134% year-over-year increase but a decrease from March, when Marathon mined a record 825 BTC. дальше »

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Canadian province New Brunswick has denied energy to crypto miners for months

New Brunswick’s main power company began to deny energy applications from crypto miners and other large-scale users in 2022, the CBC said on May 1. The cabinet order that endorsed the moratorium included concerns from the province’s main power company. дальше »

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Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

Crypto entrepreneur Balaji Srinivasan discussed on May 2 the ongoing banking crisis and announced that he had committed funds to his $1 million Bitcoin bet. Balaji says US government is printing trillions In a video posted to Twitter, Srinivasan said: “I just burned a million to tell you they’re printing trillions … I wanted to […] The post Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis appeared first on CryptoSlate. дальше »

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XRP Lawsuit: Legal Expert Suggests Ripple May Consider Settlement Even If It Scores Major Win Against SEC

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Law enforcement agencies seize dark-web market amid crackdown on illicit crypto transactions

Law enforcement agencies around the world recently seized and shut down an illegal dark web marketplace called Monopoly Market as part of efforts to crack down on illicit cryptocurrency transactions, according to a May 2 Europol press release. дальше »

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SHIB Price Analysis for May 2

Has SHIB found a reversal zone yet? дальше »

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US debt crisis may trigger 70% surge in bitcoin price says YouTuber

The U.S. Treasury Secretary, Janet Yellen, has recently warned of the catastrophic consequences the US could face if the country hits the debt ceiling without lifting it. дальше »

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ETH price analysis: Where is Ethereum headed after Shanghai update?

The Ethereum network has continuously evolved during the past few years, and the recent successful completion of the Shanghai upgrade has boosted optimism within the community. However, the Federal Reserve’s upcoming meeting and a potential interest rate hike may affect… дальше »

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Ripple-SEC Meeting Reportedly Set for May 8, SHIB Hits Major New Milestone, Crypto YouTuber Davinci Says He Would Sell ADA for SHIB and DOGE: Crypto News Digest by U.Today

New month brings fresh crypto news, check it out in U.Today's daily news digest! дальше »

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Binance Coin (BNB) Price Analysis for May 2

How long is drop of Binance Coin (BNB) going to last? дальше »

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Can PEPE outshine Shiba Inu and Dogecoin in the short term

OKX announced the listing of PEPE on 1 May 2023. PEPE was up by over 23% in the last 24 hours and metrics were bullish.  Pepe [PEPE], the latest major player in the memecoin sector, has beeThe post Can PEPE outshine Shiba Inu and Dogecoin in the short term appeared first on AMBCrypto. дальше »

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Gemini launches derivative platform in 30 countries

Gemini has launched a non-U. S. derivatives platform — Gemini Foundation —  in 30 countries, according to a May 2 statement. The exchange said the new platform would start trading with Bitcoin (BTC) perpetual contracts denominated in Gemini dollars (GUSD) with up to 100 times leverage. дальше »

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Health and Fitness app Sweat Economy launches new “travel the world” prize draw

Sweat Economy (SWEAT) has launched the “Sweat Wanderer” prize draw that is open to all up to 14 May 2023. Registering and staking at least 25 SWEAT tokens via the Sweat Wallet app will see users eligible to win an all-expenses paid global tour to see the Seven Wonders of the World. дальше »

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Bitcoin rises amidst string of bank failures: is this the start of a new financial era?

On May 1, U. S. regulators seized and sold First Republic Bank (FRB) and its assets to JPMorgan in what has now become the largest bank failure since 2008. FRB is the fifth bank to fail in less than two months, following on from Silvergate, Silicon Valley Bank, Signature Bank, and Credit Suisse. дальше »

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Regional banks extend losses and some paused due to volatility; Bitcoin up 2%

Quick Take Several regional bank stocks were halted due to volatility on May 2 after dropping more than 25%. KBW Nasdaq Regional Banking Index is down a further 4% today; it is down -26% for the year PacWest $PACW: -29% and halted Metropolitan Bank $MCB: -27% and halted Western Alliance $WAL: -25% and halted HomeStreet […] The post Regional banks extend losses and some paused due to volatility; Bitcoin up 2% appeared first on CryptoSlate. дальше »

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BTC price may need a $24.4K dip as Bitcoin speculators stay in profit

Bitcoin short-term holders are slowly seeing profits evaporate as BTC price action trends lower, but more downside could be next. дальше »

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Metacade price rises above $0.034 as listing on MEXC nears

Barely a month since Metacade was listed on Uniswap and later on Bitmart, the price has risen by double digit percentages. The token traded at $0. 3471 on May 02, less than 48 hours before it gets listed on MEXC. дальше »

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Ethereum [ETH]: 'Self-custodians’ may be out of their shells, but investors unfazed

Months after the Merge, ETH records its largest exchange inflow. Investors are not excited about the current condition of the altcoin. Since Ethereum's [ETH] switched to Proof-of-Stake (PoS)The post Ethereum [ETH]: 'Self-custodians’ may be out of their shells, but investors unfazed appeared first on AMBCrypto. дальше »

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Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease

George Town, BVI, May 2nd, 2023, Chainwire The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets. дальше »

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