Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3,...
Month: May 2024
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading...
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription...
MultiBank.io: A Revolutionary Leap in Cryptocurrency Derivatives Trading
PRESS RELEASE. MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBank.io, its state-of-the-art cryptocurrency derivatives trading...
Friend.Tech’s FRIEND Token Rollercoaster: From $169 to $2.5 in Hours
Friend.Tech, a decentralized social platform built on Coinbase’s Ethereum-based layer-2 blockchain Base, launched version 2 of its platform on Friday,...
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30%...
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize,...
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024....
Standard Chartered Warns Bitcoin Price Could Fall to $50K
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at...
“Scaling Bitcoin Together” Event Set to Unite Bitcoin Leaders in Hong Kong
PRESS RELEASE. As a part of Bitcoin Asia Week 2024, the “Scaling Bitcoin Together” event will take place on May...
Coinbase Announces Support for Bitcoin’s Lightning Network
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling...
JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors....
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps...
Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay
On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in...
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection...
