Crypto market plunges $96b following strong US jobs report

Bitcoin, the leading cryptocurrency, saw a sharp drop to an intraday low of $68,507. At the time of going to press, the cryptocurrency was priced at $69,321 — a 2.57% dip from the previous 24 hours. дальше »

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Bitcoin Tumbles Below $70,000: Jobs Report, ECB Rate Cut Deliver Double Whammy

Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report collided with a surprise interest rate cut by the European Central Bank (ECB). дальше »

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Bitcoin - Did a strong U.S Jobs report REALLY pull BTC below $70K?

Bitcoin's price whipsawed after stronger-than-expected May U. S jobs report Market watchers can now shift focus to next Wednesday’s Fed meeting Bitcoin [BTC] dropped below $71k on Friday, iThe post Bitcoin - Did a strong U. дальше »

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New York Stock Exchange-backed Bakkt considers sale — Report

Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table. дальше »

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Report: ICE’s crypto marketplace Bakkt exploring sale

Crypto warehouse Bakkt is reportedly exploring a potential sale amid increased crypto-related takeover activity. Bakkt, a crypto custody and trading platform for institutional investors, appears to be evaluating a potential sale, Bloomberg has learned, citing sources familiar with the matter.… дальше »

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Crypto marketplace Bakkt Holdings is reportedly considering a sale

Bakkt (NYSE: BKKT) stock price is in the green at writing following a report that it’s weighing a potential sale.  Bakkt is considering several strategic options The crypto marketplace is currently engaged with a financial advisor to consider a bunch of strategic options which includes a potential breakup as well, said people that talked to […] дальше »

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AI used for crypto crimes on the rise, Elliptic warns

Artificial Intelligence (AI) is increasingly being used to commit crimes in the crypto asset ecosystem, according to a new report from Elliptic. AI-crypto crimes The report noted that criminals increasingly relied on Generative AI to create deepfakes and other deceptive materials to promote crypto scams. дальше »

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Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein

The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said. дальше »

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AI-driven crypto crime is only just beginning — Elliptic report

Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning. дальше »

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VanEck Predicts Explosive Ethereum Growth: Could ETH Reach $2.2 Trillion?

Ethereum, the world’s second-largest cryptocurrency, is poised for a meteoric rise, according to a new analysis by VanEck, a leading asset management firm. The report predicts that Ethereum could reach a valuation of $2. дальше »

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Ethereum ETFs Brace For Sluggish Reception, JPMorgan Expects Modest $1-$3 Billion Inflows

According to a Bloomberg report, analysts suggest that the debut of the recently approved Ethereum ETFs in the US may generate significantly less demand than spot-Bitcoin products. Major financial institutions, including BlackRock and Fidelity, await final approvals from the Securities and Exchange Commission (SEC) to list the long-awaited Ethereum funds. дальше »

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Kraken eyes over $100M in pre-IPO funding: Report

Kraken is considering raising over $100 million in a pre-IPO round amid the recent market rally and regulatory shifts. The post Kraken eyes over $100M in pre-IPO funding: Report appeared first on Crypto Briefing. дальше »

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Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report

The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported. дальше »

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U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said. дальше »

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Riot Platforms bounces after damning report claiming collapse

Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital. дальше »

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Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said. дальше »

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Riot stock falls after short-seller Kerrisdale Capital’s report

Riot Platforms (RIOT) dropped more than 8% on Wednesday after Kerrisdale Capital revealed a short position in the US-based Bitcoin miner. RIOT stock’s price fell to $8. 81 following the report, with this a 30-day low for the crypto stock. дальше »

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Fresh from the Trading Room: Pass the baton

In the latest report, Inspirante Trading Solutions zooms in on platinum, an often-overlooked precious metal, exploring price catalyst within the macro backdrop and through technical analysis to uncover potential opportunities. дальше »

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Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says

ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said. дальше »

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Analyst: Bitfarm’s stock is unjustifiably discounted, sees 75% upside

Analysts from H.C. Wainright believe Bitfarm’s growth strategy is promising, and the stock could have a 75% upside. In a recent market report, the analysts expressed optimism about Bitfarms‘ potential to expand its market share and lower production costs in… дальше »

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Who governs Ethereum? Galaxy report reveals all

A Galaxy Digital report reveals Ethereum’s decentralized governance avoids direct on-chain voting, detailing key stakeholder roles and transparency challenges. дальше »

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Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg. дальше »

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Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report. дальше »

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US leads $2 billion May crypto inflow while Ethereum ETF sparks investor interest

Global digital asset investment products recorded their fourth consecutive week of inflows, totaling $185 million, according to CoinShares’ weekly report. The report stated that these inflows pushed May’s total to $2 billion, bringing the year-to-date inflows to over $15 billion for the first time. дальше »

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Hong Kong Police crackdown on cryptocurrency scam involving counterfeit currency

Authorities in Hong Kong have flagged a surge in counterfeit banknotes brought into circulation via cryptocurrency scams. According to a local report, the Hong Kong police seized 3,396 fake notes between January and April 2024. The counterfeits amounted to a… дальше »

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ARK Invest opts out of Ethereum spot ETF, explores alternative paths: Report

ARK Invest halts its Ethereum ETF project, focusing on alternative investment opportunities while upholding its Bitcoin ETF commitment. The post ARK Invest opts out of Ethereum spot ETF, explores alternative paths: Report appeared first on Crypto Briefing. дальше »

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Ethereum (ETH) Confidence Soars Among Large Whales, Here’s Big Bullish Driver

Recent analytics report shows that large investor are becoming increasingly more confident in the second largest cryptocurrency дальше »

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Ethereum (ETH) Confidence Soars Among Large Whales, Here's Big Bullish Driver

Recent analytics report shows that large investors becoming increasingly more confident in second largest cryptocurrency дальше »

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DOGE Eyes 200% Surge, According to This Major Metric

Dogecoin seems to be in position to stage massive price rise, according to analytics report дальше »

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Indian cop arrested for stealing over $200K in Bitcoin tied to a scam probe

An Indian police officer has been arrested for siphoning off INR 1.8 crores worth of Bitcoin, approximately $216,000, related to a crypto scam investigation. Per a local report, Chandrahar SR, a former police inspector with the Central Crime Branch (CCB),… дальше »

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Biden campaign reportedly seeking help from crypto industry to rebuild new policy

President Joe Biden’s re-election campaign has reportedly initiated a significant outreach to the crypto industry, according to a new report from The Block. Marking a notable shift from his previous stance, this engagement, which reportedly began approximately two weeks ago, involves seeking guidance from key figures in the crypto sector on community and policy matters. дальше »

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Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report

In Hashrate Index’s latest report, the team covers Q1-2024 data for the Bitcoin mining industry and examines the immediate impact of the Fourth Bitcoin Halving on hashprice, hashrate, transaction fees, and other data points. дальше »

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Ether Spot ETF: Pessimistic Report by JPMorgan

Once approved, Ethereum Spot ETF might be met with siginficantly lower demand compared to Bitcoin-based products, US banking major says дальше »

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Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said. дальше »

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Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi

More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi дальше »

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U.S. Treasury Department Releases First-ever Finance Risk Assessment Report on NFTs

The U. S. Treasury reports highlight NFT risks like fraud and money laundering, recommending regulations and collaboration to enhance market security and protect consumers. The post U. S. дальше »

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U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary. дальше »

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U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'

"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said. дальше »

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Research Firm Projects Ethereum Explosion To $15,000 With ETF Inflows

Michael Nadeau, founder of The DeFi Report, has published a deep dive into the implications of the approval of spot Ethereum (ETH) Exchange-Traded Funds (ETFs) on the cryptocurrency’s price trajectory. дальше »

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Deutsche Bank tests Ethereum-based platform to mitigate margin compression

German banking giant Deutsche Bank AG views blockchain technology as a means to mitigate margin compression. A new report suggests that Deutsche Bank is testing an Ethereum-based platform whose name was not specified. дальше »

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Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein

The company has the financial capacity to consolidate the bitcoin mining space, the report said. дальше »

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Thailand touts new ‘digital nomad’ visa extendable for nearly a year: Report

The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear. дальше »

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XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. дальше »

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Bitcoin and Ether ETF Markets Projected to Reach $450B: Bernstein Report

Сообщение Bitcoin and Ether ETF Markets Projected to Reach $450B: Bernstein Report появились сначала на Coinstelegram.

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JPMorgan Report Calls XRP and Solana ETF Potential Approval A ‘Fantasy’ — Here’s Why

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Russian Commodity Firms Embrace Crypto for China Trade Amid Sanctions

According to recent Bloomberg report, major Russian companies are turning to cryptocurrency for transactions with Chinese partners amid ongoing sanctions. The post Russian Commodity Firms Embrace Crypto for China Trade Amid Sanctions appeared first on BeInCrypto. дальше »

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Bitcoin and Ether ETF markets poised to reach $450B — Bernstein

Bernstein report projects Bitcoin and Ether ETF markets to reach $450B, driven by crypto price forecasts and ether's commodity classification, with positive implications for other tokens like Solana (SOL). дальше »

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Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein

Crypto exchange-traded funds could see over $100 billion of inflows in the next two years, the report said. дальше »

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ETF approvals will boost Ethereum’s long-term growth despite short-term headwinds – Kaiko Research

Kaiko Research said on May 27 that spot Ethereum ETF approvals are a positive sign for the digital asset’s long-term growth despite potential short-term headwinds. According to Kaiko’s report, the approval has removed much of the regulatory uncertainty around Ethereum’s classification as an asset class. дальше »

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Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report

The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.

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