Quick Look
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just...
Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining
The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners,...
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S....
IMF Acknowledges Russian Assets’ Confiscation Might Undermine the World’s Financial System
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the...
Latam Insights: El Salvador Embraces Geothermal Bitcoin Mining, Bitfarms Expands Its Capacity in Paraguay
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness...
DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging...
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings...
Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now
Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now....
Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald...
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC),...
US Congress Passes First Standalone Crypto Legislation
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid....
Crypto price prediction: Floki, BitBot, Arweave
Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin...
Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched
As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year....
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024....
Bitcoin (BTC) and Solana (SOL) Price Predictions, Plus Why Rollblock (RBLK) Might be the Next Big Thing in Crypto
Bitcoin (BTC) and Solana (SOL) are some of the top crypto coins that saw major price surges in the industry. However, according to...
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone...
Update: Kraken says no plans to delist USDT in Europe
Kraken is exploring all options to continue offering USDT for EU customers. Mark Greenberg, Kraken’s Global Head of Asset Growth...
Tether CEO Hints at Development of Global P2P Financial Markets Terminal
Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global...
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory...
Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute
In a significant move against western banks, a St Petersburg court has seized over $763 million of assets from Unicredit, Deutsche...
Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon
In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana...
Coinbase Ventures Into Australia’s $600 Billion Pension Market With Tailored Crypto Services
Coinbase, the largest US crypto exchange, is planning to tap into Australia’s $600 billion self-managed pension sector, according...
Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million)...
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with...
Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that...
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention...
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders...
Welcome to Duelbits’ Festival Of Football
As the anticipation builds for Euro 2024 and Copa America, Duelbits has recently announced a promotion that promises excitement and...
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some...
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering...
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of...
Dogwifhat and Popcat sell-off as whale dumps tokens
Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by...
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than...
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming,...
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its...
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous...
Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government...
Page not found – Bitcoin News
Ooops... Error 404 Sorry, but the page you are looking for doesn't exist. You can go to the HOMEPAGE OUR LATEST POSTS...
Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program
Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore...
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period...
New altcoin makes waves amid bullish Notcoin (NOT) price prediction
Notcoin’s turbulent launch saw a 53% plunge post-airdrop but bullish predictions signal recovery. AlgoTech, a decentralized trading...
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which...
As OpenAI and Google both reveal major AI updates, Choise.ai launches AI-powered L2 blockchain for enterprises
OpenAI revealed a major update to its large language model this week with the launch of ChatGPT-4o Google confirmed the launch of...
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the...
Kraken considers ending USDT support in the EU
Kraken is reportedly considering pulling support for the stablecoin USDT in Europe. The exchange’s plans come amid the push for...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known...
Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users
Zug, Switzerland, May 17th, 2024, Chainwire Alephoria invites web3 users to the Aleph Zero ecosystem with an interactive initiative...
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have...
US arrests two Chinese nationals in $73 million crypto scam
US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants...
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to...
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three...
New Crypto Presale to Watch: WienerAI Meme Coin Hits $2M Milestone
Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the...
Chainlink soars after DTCC completes major pilot; Bitbot readies for market entry
Chainlink price rose more than 20% in 24 hours, reaching $16.62 at the time of writing on Friday. LINK surged as the Depository...
Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
As of May 17, 2024, bitcoin’s price stands at $66,303 with a market capitalization of $1.30 trillion and a 24-hour trading...
Mining Now Launches Real-Time Mining Insights & Profit Analysis Platform
Singapore, Singapore, May 17th, 2024, Chainwire Mining Now, a trusted and reputable real-time crypto-mining insights provider...
Base to Launch Online Hackathon With 200 ETH in Prizes, Sponsored by Stripe, Shopify, and More
Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from...
Notcoin in focus as KangaMoon excites with bonus sale
Notcon (NOT) token’s price fell sharply after its debut on exchanges. KangaMoon (KANG) is offering a bonus presale stage ahead of...
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts...
As TRUMP Coin Surges Over 100% in a Month, Trump’s Crypto Wallet Swells in Value
Over the past week, the meme coin known as maga (TRUMP) has increased by more than 45% against the U.S. dollar, and over the past...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes...
What Is Restaking?
The concept of restaking introduces a groundbreaking way for people to utilize their staked cryptocurrency across various protocols...
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company....
Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round
Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a...
Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’
Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers,...
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,”...
$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the...
Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely
Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest...
Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit
Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the...
French securities regulator, AMF, issues warning on Bybit
The AMF has blacklisted Bybit since May 2022 due to regulatory infractions. French investors urged to prepare for potential service...
Bitcoin Magazine CEO: A Trump Victory Will Trigger a Bitcoin ‘Space Race’
David Bailey, CEO of Bitcoin Magazine and crypto aide for the Trump campaign, believes that Trump’s victory in the upcoming...
US Senate votes to overturn SEC rule, allowing regulated firms to hold Bitcoin
60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation....
HackaTRON Season 6 Submission Period Concludes with Notable Achievements
PRESS RELEASE. Geneva, Switzerland, May 16, 2024 – TRON DAO proudly announces the completion of HackaTRON Season 6, a...
Crypto Pioneer Netki Powers Seamless KYC and Compliance Solutions Across the Sui Ecosystem
Grand Cayman, Cayman Islands, May 16th, 2024, Chainwire With the launch of Netki’s DeFi Sentinel on Sui, protocol developers can...
US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and...
Why is Solana meme coin Bonk (BONK) surging?
Bonk price rose sharply after South Korea exchange Bithumb announced listing of BONK in the KRW market. The Solana meme coin...
USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US
Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the...
Bitcoin price: Here’s why QCP Capital expects BTC run to $74k
Bitcoin surges past $66k after US CPI data triggers buyside pressure Here’s why QCP Capital analysts say BTC could run to $74k...
Report: CME Group to Launch Bitcoin Trading Amid Rising Demand From Wall Street
CME Group, the world’s largest futures exchange, is planning to launch bitcoin trading to capitalize on the surging demand among...
One Trading Extends the Reach of its Institutional Trading Services in Europe Through Integration with Talos
London, United Kingdom, May 16th, 2024, Chainwire Talos, the premier provider of digital asset trading technology for institutions,...
RockTree Capital Unveils Cyberpunk Crypto Future In New Website
PRESS RELEASE. Beijing, China – May 16th, 2024. RockTree Capital, a leading crypto-native fund and merchant bank headquartered in...
Early Bitcoin Proponent Erik Voorhees: Crypto Will Be the Currency of AI
Erik Voorhees, an early bitcoin proponent and entrepreneur, believes that crypto will be the currency of artificial intelligence...
Solana Presale ‘Mega Dice Token’ Raises $1M After Announcing an Airdrop Campaign and Reward Scheme
London, United Kingdom, May 15th, 2024, Chainwire The presale of Mega Dice Token (DICE), a new GameFi project, passed the $1...
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
The Egyptian fintech startup Mnzl plans to enhance its lending technology and expand its operations using the $3.5 million raised...
Bitget Presents KCGI 2024: The Ultimate Crypto Trading Tournament with a Prize Pool of Ferrari, Messi-signed merch, and $5 Million USDT
Victoria, Seychelles, May 15th, 2024, Chainwire Bitget, a leading crypto exchange and web3 company, is thrilled to announce the...
Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency...