Senator Lummis ‘deeply concerned’ by Biden administration’s actions against DeFi, non-custodial wallets
Senator Cynthia Lummis expressed deep concern regarding recent actions by the Biden administration, which she perceives as a threat to...
Month: May 2024
Bitcoin fights to stay above $58,000 as Fed maintains unchanged rates
Quick Take The Federal Reserve has opted to maintain the fed funds rate within the range of 5.25% to 5.50%....
Tether reports record $4.52 billion profit in Q1 despite shrinking market share
Stablecoin issuer Tether (USDT) achieved a historic net profit of $4.52 billion in the first quarter despite facing a significant...
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In...
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in...
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics...
Bitcoin traders set $50K price target after BTC falls below key support level
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.
States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.
Crypto Trader Issues Bitcoin Warning, Says BTC Flashed Potential Bull Market Top
A closely followed crypto strategist is warning that Bitcoin (BTC) may have already printed a bull market top. Analyst Ali...
Cathie Wood Raises Bitcoin Price Target, Says Institutions May Push BTC To This Astronomical Level: Report
ARK Invest CEO Cathie Wood is reportedly raising her price target for Bitcoin (BTC) based upon an assumption of greater...
Crypto Advocacy Group Coin Center Looking To File Amicus Brief To Support Samourai Wallet Co-Founders
The nonprofit crypto advocacy group Coin Center is mulling whether to file an amicus brief in support of the co-founders...
BlackRock Leads Funding Round for US Firm Focused on Tokenization of Real-World Assets
Asset management titan BlackRock is leading a new fundraising round for Securitize, a US company geared towards the tokenization of...
Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.
Ripple Forms Partnership With Tokyo Unit of $1,200,000,000 Firm To Push for XRPL-Powered Solutions in Japan
Payments firm Ripple has inked a new partnership with the Tokyo-based arm of HashKey Group in an effort to bring...
