Blockchain
Bitcoin’s second best start to a halving cycle
Quick Take Bitcoin has shown a positive trend since its halving on April 20, with an increase of approximately 8% It traded around $64,000 and is now consolidating just below $70,000 This performance
Blockchain
Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis
Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent Zhou stated that these rumors are not
Blockchain
Shiba Inu’s Shibarium Teases 420 Million Transaction Milestone As Daily Transactions Jump 50%
Shibarium, the Ethereum Layer 2 network developed by the Shiba Inu team, has seen some remarkable growth since it launched in 2023 With the continuous usage, the network is on its way to reaching a
Blockchain
Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So
Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak Bitcoin MVRV Pricing Bands Could Provide Hints About
Blockchain
Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive
The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22 A lawyer representing the Nigerian revenue
Blockchain
Bipartisan push for Ethereum ETF gains momentum in Congress
A bipartisan group of US lawmakers advised the Securities and Exchange Commission (SEC) in a May 22 letter to approve spot Ethereum exchange-traded funds (ETFs) The letter signatories included
Blockchain
Bybit CEO dispels insolvency rumors amid $115 million user withdrawals
Bybit crypto exchange CEO Ben Zhou has firmly denied rumors about the exchange’s alleged insolvency circulating on social media This week, obscure social media accounts began spreading these
Blockchain
Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison
According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location Sources
Blockchain
Coinbase Reenables XRP Trading in New York
“Coinbase Reenables XRP Trading in New York” – In a significant development for the cryptocurrency community in the Empire State, Coinbase has reenabled XRP trading in New York
Blockchain
Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows
On-chain analytics platform Glassnode has provided insights into why the Bitcoin price recently dropped below $70,000 The platform suggested that the flagship isn’t yet seeing enough demand, which
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Report: Ripple Funding Round Offered Investors Protection Against XRP Volatility
Ripple’s successful $500 million strategic funding round that valued the company at $40 billion reportedly included rare and stringent protections for investors Guaranteed Returns and Put Options
Bitcoin is tracking a hidden $400 billion Fed liquidity signal that matters more than rate cuts
Bitcoin’s price action continues to drift into the Federal Reserve’s final policy decision of the year with little outward volatility, yet the underlying market structure reflects a very
Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies
Bitcoin Magazine Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies Bitcoin For Corporations (BFC) challenged MSCI’s plan to exclude companies with over 50% of
Confirming The Bitcoin Price Direction: Analyst Reveals What You Should Look Out For
After breaking below $90,000 again, the next direction of the Bitcoin price is being hotly debated once again This comes with the added burden of a number of major events coming around this week, as
Binance Initiates Investigation Into Employee Accused Of Insider Trading
Binance (BNB), the world’s largest cryptocurrency exchange, has initiated an investigation following allegations of insider trading involving one of its employees Binance Uncovers Alleged Misuse
