Quick Look
Mt. Gox moves over $9 billion in BTC to new wallet
Bitcoin price dipped nearly 2% on Tuesday morning to trade at lows seen last Friday before rebounding slightly as of writing. This...
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a...
Bernstein Predicts Crypto Arms Race Among Asset Managers
Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business...
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC...
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the...
Turkish Parliament Committee to Review Crypto Bill This Week
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset...
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments,...
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday...
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the...
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs...
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National...
GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested...
Toncoin price: What next for TON as TVL surpasses $300 million?
Toncoin price bounces as total value locked (TVL) on the TON Blockchain surpasses $300 million. DeFiLlama data showed TON...
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest...
Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch
Notcoin price surges 33.42%, reaching $0.006884 after community votes favor it over Bitcoin. New NOT airdrop and earning missions...
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The...
Nomura partners with GMO to explore stablecoin issuance in Japan
Nomura Holdings and Laser Digital have partnered with GMO Internet Group on a new stablecoin-focused project. The companies will...
ETHDublin Kicking Off This Weekend
PRESS RELEASE. Dublin, Ireland — May 27, 2024 — ETH Ireland, the team behind Ireland’s first web3 hackathon...
HashKey Global Launchpool, the world’s first regulated platform for pledge to earn new tokens, is now live
Bermuda, Bermuda, May 27th, 2024, Chainwire HashKey Global announced the launch of LaunchPool and initiated the first project...
VOPO Coin: Claiming the Top Spot in Memecoins
PRESS RELEASE. Dubai, UAE – May 27th, 2024 – VOPO Coin, a new kitty on the block, is making waves with a bold...
PEPE and FLOKI extend gains as memecoins tease bull run
Pepe price is up 80% this past week and over 140% in 30 days. FLOKI has jumped 36% this past week and 53% in the last 30 days. Pepe...
Friend.tech Co-Founder Posts Bounty to Migrate Platform off Base
Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an...
Justin Sun Advocates Supporting a Crypto-Friendly U.S. Presidential Candidate
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes...
Study: SRC20 Protocol’s ‘Unmatched Data Permanence’ Makes It a Superior Choice Over BRC20 and Runes
Although it may be undervalued at present, the SRC20 protocol distinguishes itself among protocols operating on the Bitcoin network...
Microsoft Invests $70 Million in South Africa for AI Advancement
Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern...
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing
Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in...
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4...
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the...
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and...
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000...
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590...
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe...
Trump promises to free Silk Road creator Ross Ulbricht if re-elected
Trump pledged to free Ross Ulbricht should he win the upcoming US presidential election. Ulbricht is the creator of the defunct...
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim...
BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 Solution
Cardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow...
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore...
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for...
Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining...
Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed...
Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used...
Major Crypto Exchanges Announce Over 1,200 Job Openings
Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively...
Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam
An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto...
Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether,...
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs),...
Ethereum Dominates NFT Sales Despite Overall Market Drop
Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the...
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and...
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately...
Join Bitcoin BuildCon Online Conference: Don’t Miss Out on Shaping the Future of Bitcoin
PRESS RELEASE. Date: 27th May 2024 Time: 17:00 UTC Location: Online Bitcoin BuildCon’s main objective is to help builders...
Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated...
Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit...
Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent...
Solana Meme Coin SEAL Hits $2.5M in Presale Ahead of Exchange Listings
Meme coins are thriving on Solana – with the up-and-coming Sealana (SEAL) token being one of the most talked-about new projects....
Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As...
Ether.Fi price breaks above key resistance, is $10 next?
Ether.Fi price rose 10% as altcoins looked to rebound, hitting highs of $5.35 amid latest upside momentum. ETHFI could target $10...
UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC
A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities...
Uniswap price jumps 20% as UNI hints at massive breakout
Uniswap price reached highs of $10.99 on May 25, rising more than 20% in 24 hours. UNI gained amid whale activity, Ethereum...
Crypto Advocacy Group ‘Stand With Crypto’ Expands to the UK
Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the...
Crydit Unveils Revolutionary Unlimited Crypto Card Redefining Crypto Payments
PRESS RELEASE. [May 25, 2024] – Crydit, with the vision of “Pay Everything,” announces the official launch of the first...
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to...
Decoding FDV: The Importance of Fully Diluted Valuation in Crypto Investments
In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation (FDV) has become...
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather...
What Is the Howey Test? Understanding Its Role in Crypto Regulation
This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering...
Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’
Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded...
P2P Bitcoin Exchange Hodl Hodl Suspends Lending Services for US and UN Embargoed Countries’ Residents
Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the...
Dogecoin (DOGE) price takes a bow as Shiba Inu Kabosu dies
Kabosu, the Shiba Inu behind Dogecoin (DOGE) has passed away at age 18. Dogecoin’s price fell over 5% to $0.1535 following the news...
Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’
Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters...
Marathon Digital partners with Kenya to harness underutilized renewable energy
Marathon Digital has partnered with Kenya to harness underused energy across the country for Bitcoin mining. The deal will see over...
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum...
Caldera launches Guardian Nodes, creating a new path for teams to raise funds and decentralize their network
San Francisco, United States, May 24th, 2024, Chainwire Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a...
US House Passes Central Bank Digital Currency Anti-Surveillance State Act
The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal...
New Online Casino Site Instant Casino Partners with Italian Serie A Team Juventus FC
Turin, Italy, May 24th, 2024, Chainwire Iconic Italian football club Juventus has announced a partnership with Instant Casino, a...
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has...
TokenFi and ONDO soar amid bullish predictions for RWA tokens
SEC’s approval of spot Ethereum ETFs could ignite the real-world assets (RWA) market. Analysts say this outlook will push ONDO and...
Onchain Fees for Bitcoin Drop to Six-Month Low
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now...
OKX withdraws VASP license application in Hong Kong
OKX withdraws VASP license application in Hong Kong. The exchange will cease trading services by May 31. Users can withdraw funds...
Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security...
Here’s why Ondo Finance (ONDO) price is soaring
Ondo Finance (ONDO) price surges to a new all-time high above $1.15. The Ondo price surge is driven by SEC approval of Ethereum...
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including...
SEC Approves Key Regulatory Filings for Spot Ether ETFs
The U.S. Securities and Exchange Commission (SEC) has approved pivotal 19b-4 filings for spot ether ETFs, marking a major...
Kabosu: The Iconic Shiba Inu Face of Dogecoin Passes Away
Kabosu, the Shiba Inu dog from Japan, known worldwide as the face of the “Doge” meme and Dogecoin, has passed away....
Ripple CEO signals potential for an XRP ETF following Ethereum ETFs approval
Ripple CEO hints at potential XRP ETFs following Ethereum ETF approvals by SEC. Brad Garlinghouse’s endorsement aligns with his...
SEC Approves First Eight Spot Ether ETFs
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs)....
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a...
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding....
Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data
The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has...
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the...
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency...