Key points: Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell. That level coincides with the return to a six-figure BTC price. Order book data suggests that bulls may not succeed in keeping the upside going. Bitcoin (BTC) risks a “notable increase” in selling from […]
The Brazilian Federal Police carried out Operation Fantasos, with more than 50 officers executing 11 search and seizure warrants in various locations across Rio de Janeiro. The mastermind behind these activities was extradited from Switzerland to the U.S. in February. Operation Fantasos Targets the Remnants of a $290 Million Crypto Ponzi Scheme in Brazil Brazil […]
The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten Gillibrand, are behind this proposal. Common Cents Act Gets Introduced […]
As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications. Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin founder Tae Oh, and Humanity Protocol founder Terrence Kwok to explore how […]
Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain […]
Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain […]
Economist Nouriel Roubini presents an optimistic outlook for U.S. economic growth, forecasting a 4% annual rise by 2030. He believes that while trade restrictions could slow growth by 50 basis points, technological advancements could boost potential growth by 200 basis points. Roubini Says Trump Humbled by Financial Markets Economist Nouriel Roubini, long known for his […]
The Ninjatrader purchase, originally announced in March, has now been finalized and Kraken has also disclosed a 19% increase in year-over-year revenue during the first quarter. Kraken Finalizes Ninjatrader Purchase, Discloses 19% Jump in Earnings Cryptocurrency exchange Kraken, has wrapped up its $1.5 billion acquisition of retail futures platform Ninjatrader, according to a press release […]
A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure […]
Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment. Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market […]
The $300 million ecosystem development fund by MEXC will drive blockchain innovation, support early-stage Web3 projects, and expand its role from crypto exchange to full-scale ecosystem builder. MEXC Advances Push Into Web3 Development With $300 Million Fund MEXC, a global crypto exchange, has announced a bold leap forward in its evolution by launching a $300 […]
Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities. “We achieved a new record for quarterly revenue this quarter, at $161.4 million,” Riot CEO Jason Les said in a […]
