Quick Look
Federal Reserve’s FedNow will integrate with Metal Blockchain
The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11...
Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts
Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not...
Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S....
BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’
Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength. BTC/USD 1-hour candle chart...
How to use a crypto hardware wallet
Investing in cryptocurrencies is widely known to be associated with risk, given the crypto market’s volatility, regulatory dilemmas and...
Researchers in Singapore design new ‘more efficient’ DAO scheme
A team of researchers at the Singapore University of Social Sciences recently conducted an appraisal of existing decentralized autonomous...
PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward...
EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion
PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its...
Bitcoin bears need BTC price to go below $27K ahead of Friday’s $900M options expiry
The $900 million Bitcoin (BTC) weekly options expiry on May 12 might play a decisive role in determining whether the price will succumb...
How the IRS seized $10B worth of crypto using blockchain analytics
Blockchain analysis has been key in helping the United States Internal Revenue Service (IRS) seize an estimated $10 billion worth of...
BIS issues comprehensive paper on offline CBDC payments
The Bank for International Settlements (BIS) is actively exploring opportunities for offline payments involving a central bank digital...
Biggest Movers: LTC Above $80.00, Moving Away From 6-Week Low
Litecoin was back above $80.00 on Wednesday, as the token climbed away from a recent six-week low. Today’s rise in price sees the...
Bitcoin price prediction: Can BTC its price above $27k?
Key takeaways Bitcoin has been struggling to stay above $27,500 over the past few days. The cryptocurrency slightly dipped below $27k on...
New wallet uses Amazon hardware security modules to eliminate seed words
A new crypto wallet has just launched in Apple’s App Store store that uses Web2 trickery to ensure users don’t need to interact with seed...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the...
Cryptocurrency trading addiction: What to look out for and how it is treated
An often overlooked aspect of the cryptocurrency market’s reputation for volatility is the effect sudden market changes can have on the...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in...
MARA stock price forecast: technicals are supportive
Marathon Digital, a leading mining company, published strong results. The company mined more bitcoins in Q1 than in the same quarter in...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses....
Joseon: Finally, Cryptocurrency Has a Safe Haven
The cryptocurrency industry has faced significant regulatory challenges in recent years, with the SEC and CFTC taking action against...
South African Minister Tells BRICS Nations Not to Rush Decision on Common Currency
The South African minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and South Africa (BRICS)...
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital...
Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling...
Bitcoin drops after US inflation data; $ 24k is the next target
US inflation remains well above the Fed’s target The disinflationary momentum continues US dollar buyers are likely to emerge...
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt...
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern...
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be...
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss...
Investment Analyst Warns Successful BRICS Currency Could Hurt US Living Standards
Investment analyst Jon Wolfenbarger has warned that a successful BRICS currency could hurt U.S. living standards and “lead to less power...
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
After a brief overshoot above $2,000 on May 6, the Ether price has returned to a tight range between $1,820 and $1,950, which has been the...
Pepe’s market cap sinks $1B in 5 days, some whales are still buying
The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it’s still being...
3 takeaways from the European Union’s MiCA regulations
The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA)...
Pepe sans crypto: Mods purge crypto from the original meme subreddit
Moderators on Reddit have started taking action against crypto-related Pepe the Frog hype flooding into the meme’s original subreddits...
PEPE vs. DOGE: How the memecoins performed their first time hitting a $1B market cap
Memes, internet jokes and popular culture references have become an integral part of online communities. Because of this, cryptocurrencies...
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed...
Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’
Bitcoin (BTC) ticked higher around the May 10 Wall Street open as United States inflation data beat expectations. BTC/USD 1-hour candle...
Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees
Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous...
IRS claiming $44B from FTX bankruptcy: Report
The United States Department of Treasury and Internal Revenue Service (IRS) have filed 45 claims worth $44 billion against bankrupt...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media...
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)
PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that...
Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ
United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy...
Ethereum validators earn a record $46M as staking rewards rate surges
Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’...
Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The United States consumer price index rose 4.9% annually, which was slightly less than estimates of a 5% increase. The CPI’s monthly rise...
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees
Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous...
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was...
Crypto price prediction: Bitcoin, Ethereum and KAVA after CPI data
Bitcoin price broke to $28,200 while Ethereum hovered above $1,800 as stocks climbed on US CPI data. KAVA price also rose, jumping 11%...
Synopsis Summit Comes to Istanbul on October 5–6, 2023
PRESS RELEASE. The international web3 summit Synopsis announced that its 6th edition will be held offline in Istanbul on October 5–6,...
Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by...
William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of Flame
Will Clemente III has 680,200 followers on Twitter thanks to his viral crypto analysis content. He co-founded blockchain research firm...
Grayscale Investments Files for 3 New Exchange Traded Funds
On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted...
Shiba Inu price lags as Pepe, Keke, Ben volume and traction jumps
Shiba Inu price performance has lagged that of new meme tokens like Keke, Ben, and Pepe. The volume of Shiba Inu in the past 24...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report....
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90...
Massa Ecosystem’s Recent Hypergrowth Analyzed
PRESS RELEASE. Massa’s testnet has become a magnet for more than 16 projects since its launch back in July 2021. Interest towards this...
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
Bitcoin (BTC) tracked $27,500 on May 10 as markets geared up for what should be a positive United States inflation print. BTC/USD 1-hour...
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has...
ETH/BTC price has upside potential, according to this bullish pattern
Bitcoin’s YTD return exceeds Ethereum’s The best way to speculate on the difference between the two is to trade the ETH/BTC...
Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analyst
Increased fees and a backlog of transactions are besieging the Bitcoin (BTC) network, and it’s due to a popular new “token” standard,...
Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS
Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of...
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a...
Bitcoin priced on Binance.US crypto exchange at $700 premium
Amid the global cryptocurrency exchange Binance recovering from several halts of Bitcoin (BTC) withdrawals, its American arm, Binance.US,...
Bitcoin traders offer downside targets as BTC price risks sub-$25K dip
Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases. BTC/USD 1-hour candle chart...
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency,...
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim...
NFT trading volume rose 230% in Q1, Nansen finds
NFT trading volume rose 230% in Q1, 2023 with over $4.54B in sales compared to $1.97 billion in Q4, 2022. According to Nansen Data...
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for...
Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption
Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday,...
PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B
Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filed to the United States...
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows
This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s...
Private equity tokens aim to bring greater liquidity, transparency and accessibility
As the burgeoning blockchain technology paradigm has continued to evolve, a whole host of unique asset classes have started to make their...
$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story
Where would you hide $3.4 billion worth of Bitcoin? For James Zhong, the ideal spot was to store it on a computer — with its circuitry...
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his...
Here’s why the Bitcoin SV (BSV) price just went vertical
Bitcoin SV price surged to the highest level since March 1 as investors moved to the coin, which is an alternative to BTC. BSV jumped...
‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius
Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender...
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
The number of Ordinals inscriptions on the Bitcoin (BTC) network has witnessed another meteoric rise, almost doubling from 2.5 million to...
Bitcoin ordinals hit Binance NFT Marketplace in latest update
Bitcoin ordinals — also known as Bitcoin NFTs — have made their way into the limelight of the Web3 space, as more marketplaces continue to...
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
Warren Buffett moving into cash suggests he’s bracing for a possible collapse in risk-on asset prices. With Bitcoin (BTC) up 70%...
How to send and receive payments on the Lightning Network
To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there,...
32% of home offices invest in digital assets: Goldman Sachs
While the interest in crypto investments was on the rise last year among home offices, 2023 saw a massive decline in investors’ certainty...
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add...
STAR Unveils Opportunity for Japanese SMEs to Gain International Prestige
Tokyo, Japan, May 9th, 2023, Chainwire The STAR project is a new initiative to help Japanese SMEs gain international recognition and...
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves in BTC
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services....
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that...
Estonia squeezes out 400 crypto firms after new laws
Almost 400 virtual asset service providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the...
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after...
Ron Paul States Federal Reserve’s ‘Decade of Near 0% Rates’ Caused Today’s Financial Crisis
Former House Representative Ron Paul has presented his stance when it comes to the financial crisis that the U.S. is currently facing....
Bank of America: Threats to US Dollar’s Dominance Largely Domestic — Not BRICS Currency or Chinese Yuan
Bank of America has warned that the key threats to the U.S. dollar’s dominance are largely domestic, as opposed to competition from other...
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called...