• Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming?
    by Arslan Butt on May 4, 2024 at 2:42 pm

    Bitcoin surges past $63,200, boosted by halted rate hikes and fresh inflows into ETFs, suggesting a bullish trend ahead as market cap hits $2.36 trillion. The post Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming? appeared first on Cryptonews.

  • Bitcoin Price Prediction: BTC Surges to $63,375, Eyeing $70,000 as Buying Intensifies
    by Arslan Butt on May 4, 2024 at 6:32 am

    With Bitcoin climbing to $63,375 and resistance looming at $70,000, the crypto community buzzes about the next big breakthrough in price. The post Bitcoin Price Prediction: BTC Surges to $63,375, Eyeing $70,000 as Buying Intensifies appeared first on Cryptonews.

  • Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
    by Harvey Hunter on May 3, 2024 at 11:37 pm

    An unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction in an address-poisoning scam. The post Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam appeared first on Cryptonews.

  • Friend.tech Native Token Tanks 50% After Biggest Whale Dumps
    by Harvey Hunter on May 3, 2024 at 11:23 pm

    Friend.tech native token FRIEND fell 50% after its debut as the largest whale dumps their holdings. Meanwhile, users can’t access the airdrop. The post Friend.tech Native Token Tanks 50% After Biggest Whale Dumps appeared first on Cryptonews.

  • Is Internet Computer Going to Zero? ICP Price Drops 2.3%, Investors Rush Into This New GambleFi Token
    by Joel Frank on May 3, 2024 at 10:56 pm

    Investors are concerned that promising cryptocurrency Internet Computer (ICP) could be headed to zero, with its rally since late 2024 looking at risk of petering out and are instead turning to a promising new GambleFi token called Mega Dice (DICE). The post Is Internet Computer Going to Zero? ICP Price Drops 2.3%, Investors Rush Into This New GambleFi Token appeared first on Cryptonews.

  • Chinese AI Startups Take on Industry Giant OpenAI
    by Thomas Musgrave on May 3, 2024 at 10:50 pm

    A new wave of AI startups in China is rising to challenge OpenAI’s dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major investment and achieving billion-dollar valuations. The post Chinese AI Startups Take on Industry Giant OpenAI appeared first on Cryptonews.

  • Bitcoin Whales Bought The Dip, Netting 47,000 BTC In 24 Hours
    by Andrew Throuvalas on May 3, 2024 at 10:22 pm

    On-chain data says whales bought the Bitcoin dip, and early ETF flow data seems to corroborate it. The post Bitcoin Whales Bought The Dip, Netting 47,000 BTC In 24 Hours appeared first on Cryptonews.

  • LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
    by Thomas Musgrave on May 3, 2024 at 10:15 pm

    The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token’s value. The post LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXScreener – ARKY, PEEPO, THREE
    by Joel Frank on May 3, 2024 at 10:02 pm

    With blue-chip cryptocurrency markets recovering on Friday as macro traders price back in multiple rate cuts for 2024 following the latest US jobs report, traders looking for top crypto gainers today continue to turn to the highly illiquid and volatile on-chain markets for opportunities. The post Top Crypto Gainers Today on DEXScreener – ARKY, PEEPO, THREE appeared first on Cryptonews.

  • Edward Snowden Warns “The Clock Is Ticking” for Bitcoin Privacy
    by Julia Smith on May 3, 2024 at 8:54 pm

    Edward Snowden, renowned for his stance on digital privacy, has once again highlighted the vulnerability of Bitcoin’s privacy features. […]

  • Best Crypto to Buy Today May 3 – Ordinals, Pendle, Hedera
    by Joel Frank on May 3, 2024 at 7:34 pm

    As crypto markets rebound thanks to a softer-than-expected US labor market report, with Bitcoin (BTC) last up nearly 5% on the day in the upper $61,000s, traders are weighing up opportunities in the altcoin market as they hunt for the best crypto to buy today. The post Best Crypto to Buy Today May 3 – Ordinals, Pendle, Hedera appeared first on Cryptonews.

  • Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why
    by Jimmy Aki on May 3, 2024 at 7:08 pm

    Despite recent dips, Arthur Hayes, ex-BitMEX CEO, predicts a Bitcoin price rebound to $70,000 by August 2024. He believes the Federal Reserve’s easing of quantitative tightening will inject liquidity into the market, boosting Bitcoin price gradually. Discover his analysis and the potential impact on the crypto market. The post Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why appeared first on Cryptonews.

  • Bitcoin Price Bursts Back Above $60,000 as US NFP Data Misses Expectations – Here’s Where BTC Is Headed Next
    by Joel Frank on May 3, 2024 at 6:00 pm

    The Bitcoin (BTC) price has powered back into the mid-$61,000s in wake of a softer-than-expected US labor market report which has boosted hopes that the Fed cuts interest rates more than once before the end of 2024. The post Bitcoin Price Bursts Back Above $60,000 as US NFP Data Misses Expectations – Here’s Where BTC Is Headed Next appeared first on Cryptonews.

  • Baroness’ Letter Sparks Debate on UK’s AI Market Competition
    by Jimmy Aki on May 3, 2024 at 5:54 pm

    The UK government faces pressure to address copyright concerns and promote fair competition within the UK’s AI Market Competition. Learn about the challenges posed by generative AI, the role of Big Tech companies like Amazon and Microsoft, and the ongoing efforts to ensure a thriving and ethical AI ecosystem in the UK. The post Baroness’ Letter Sparks Debate on UK’s AI Market Competition […]

  • Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid Regulatory Crackdown: Report
    by Julia Smith on May 3, 2024 at 5:10 pm

    The Nigerian Securities and Exchange Commission (SEC) will meet with crypto exchanges to discuss the state of crypto regulation in the African nation, a Friday report from CoinTelegraph reveals. News of the meeting comes as Binance executives Nadeem Anjarwalla and Tigran Gambaryan face charges of money laundering and tax evasion in light of the country’s crypto crackdown. The post Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid […]

  • Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024
    by Ruholamin Haqshanas on May 3, 2024 at 2:52 pm

    The CEO of CF Benchmarks predicts that crypto ETFs in Hong Kong will overcome their lackluster start and accumulate over $1 billion in AUM by the end of 2024. The post Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024 appeared first on Cryptonews.

  • Tascha Punyaneramitdee, Founder of INIT Capital, on DeFi, Liquidity Hook Money Markets, Point Farming in Crypto, and 2024 Trends | Ep. 331
    by Sead Fadilpašić on May 3, 2024 at 2:47 pm

    Tascha Punyaneramitdee, the Core Contributor and Founder of INIT Capital, discusses liquidity hooks and their benefits for users and businesses alike, what protocols must do to ensure they have a long-standing product, the pros and cons of the popular point farming, and her thoughts on DePIN and Bitcoin L2s. The post Tascha Punyaneramitdee, Founder of INIT Capital, on DeFi, Liquidity Hook Money Markets, Point Farming in Crypto, and 2024 Trends | […]

  • Dog, Frog, Seal Or Sloth Coins – Which Low Cap Meme Coin Can Hit $1 In 2024?
    by Tim Hakki on May 3, 2024 at 2:37 pm

    Meme coins are set for a renaissance in the coming months. While their novelty premise has detractors dismissing them as flash-in-the-pan phenomena, several meme coin projects have proven their worth over the years and become the closest thing the notoriously volatile crypto industry has to “safe money”. The number one contender right now is stalwart The post Dog, Frog, Seal Or Sloth Coins – Which Low Cap Meme Coin Can Hit $1 In 2024? […]

  • Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark
    by Thomas Musgrave on May 3, 2024 at 1:37 pm

    The Bitcoin price faces a critical juncture, hovering below the $60,000 resistance level. Technical indicators like the 100-day moving average and the short-term holder realized price suggest challenges for upward momentum. The post Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark appeared first on Cryptonews.

  • Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones
    by Ruholamin Haqshanas on May 3, 2024 at 1:01 pm

    Telecommunications company Vodafone is taking steps to leverage SIM card technology in order to meet the expected surge in demand for cryptocurrency transactions on mobile phones.  The post Vodafone Aims to Use SIM Cards to Facilitate Crypto Transactions on Mobile Phones appeared first on Cryptonews.

  • Governments Cause Inflation And Hurt Bond Investors
    by Tyler Durden on May 4, 2024 at 8:20 pm

    Governments Cause Inflation And Hurt Bond Investors Authored by Daniel Lacalle, The Fed’s preferred inflation measure rose 2.8% in March from a year ago. This is the core personal consumption expenditures price index, excluding food and energy, which should be less volatile than the consumer price index and a better indicator of the real process of disinflation. This figure is not only concerning, considering the propaganda […]

  • Gaza Pier Delayed Over Rough Seas, Pentagon Calls Project “Extremely Challenging”
    by Tyler Durden on May 4, 2024 at 7:45 pm

    Gaza Pier Delayed Over Rough Seas, Pentagon Calls Project “Extremely Challenging” This week has seen statements and reports indicating the US military constructed humanitarian pier on Gaza’s coast is expected to be complete by some point this weekend.  But the $320 million project has hit another snag, as the Pentagon has said its soldiers and engineers were forced to “temporarily pause” the offshore assembly of the floating pier […]

  • Biden Spends All Afternoon Awarding Medals To Other Democrats
    by Tyler Durden on May 4, 2024 at 7:10 pm

    Biden Spends All Afternoon Awarding Medals To Other Democrats Authored by Steve Watson via Modernity.news, Despite the fact that the world is teetering on the edge of global conflict, US college campuses being trashed by radical occupiers, and criminal illegals are still overwhelming the border, Joe Biden spent Friday afternoon awarding other Democrats medals. Biden, who was incapable of saying ‘Presidential Medal of […]

  • Long Beach Hotel Housing ‘Homeless’ Sparks Tuberculosis Outbreak As Health Emergency Declared
    by Tyler Durden on May 4, 2024 at 6:35 pm

    Long Beach Hotel Housing ‘Homeless’ Sparks Tuberculosis Outbreak As Health Emergency Declared A health crisis has emerged for Democrat officials in Long Beach, California, following a tuberculosis outbreak linked to a hotel housing ‘homeless’ people, according to Fox News.  On Thursday, health officials declared a public health emergency after an alarming tuberculosis outbreak was reported at an unnamed hotel housing.  […]

  • Hamas-Israel Truce To Free Hostages Said To Be Closer Than Ever
    by Tyler Durden on May 4, 2024 at 6:00 pm

    Hamas-Israel Truce To Free Hostages Said To Be Closer Than Ever Rumors are flying Saturday that Hamas and Israel are closer than ever to finally reaching a truce deal that would center of the release of more Israeli hostages, and the freeing of Palestinian prisoners in Israeli jails. “Negotiations for a potential hostage deal and truce in Gaza appeared to reach a critical moment Saturday, with Hamas set to offer its response to the […]

  • Bitcoin Vs. Gold: Who Won The ZeroHedge Debate?
    by Tyler Durden on May 4, 2024 at 5:25 pm

    Bitcoin Vs. Gold: Who Won The ZeroHedge Debate? Friday night’s ZeroHedge Debate explored which is the superior asset: Gold or Bitcoin. Arguing in favor of Gold were investor Peter Schiff and NYU economist Nouriel Roubini, who went toe-to-toe with crypto proponents Erik Voorhees, a cryptocurrency entrepreneur and wealth manager Anthony Scaramucci. Schiff made the case that Bitcoin cannot be a viable currency because “money […]

  • Ukraine Struggles To Build New Defensive Lines As Its Forces Retreat
    by Tyler Durden on May 4, 2024 at 4:50 pm

    Ukraine Struggles To Build New Defensive Lines As Its Forces Retreat Authored by Kyle Anzalone via The Libertarian Institute, Russian forces are advancing in several places across the 600-mile frontline in Ukraine, straining Kiev’s ability to build rear fortifications. Some in the Ukrainian military fault the country’s leadership for not building stronger second and third-line defenses last year while Russian troops were […]

  • “Stunning On Multiple Levels”: DOJ Admits To Evidence Tampering In Trump Classified Docs Case
    by Tyler Durden on May 4, 2024 at 4:15 pm

    “Stunning On Multiple Levels”: DOJ Admits To Evidence Tampering In Trump Classified Docs Case Special Counsel Jack Smith’s team admitted on Friday that key evidence in Trump’s classified documents case was altered or manipulated – leaving two different chronologies; one that was digitally scanned vs. what’s in the actual boxes. Smith also misled the court, after originally telling U.S. District Judge Aileen Cannon that the boxes […]

  • Europe Scraps Net Zero, Biden Should But Won’t, Why?
    by Tyler Durden on May 4, 2024 at 3:40 pm

    Europe Scraps Net Zero, Biden Should But Won’t, Why? Authored by Mike Shedlock via MishTalk.com, “Unaffordable climate commitments have two leftist British parties racing to exit stage left.” Europeans Ditch Net Zero The Wall Street Journal reports Europeans Ditch Net Zero, While Biden Clings to It You know you’ve stumbled through the looking glass when European politicians start sounding saner on climate policy than […]

  • “Reasons Unknown”: Floating Russian Oil Base Off Greece Abruptly Shifts South 
    by Tyler Durden on May 4, 2024 at 3:05 pm

    “Reasons Unknown”: Floating Russian Oil Base Off Greece Abruptly Shifts South  Traders and shipping companies have ensured millions of barrels of Russian crude and crude products flow around the world despite European Union sanctions against Moscow for its ‘special operation’ in Ukraine. One method to ensure the flow has been cargo switching at sea, known by traders as ship-to-ship or STS transfers.  One of the hottest STS […]

  • Fidelity: Pension Funds Exploring Bitcoin Investments On ETF Approval
    by Tyler Durden on May 4, 2024 at 2:30 pm

    Fidelity: Pension Funds Exploring Bitcoin Investments On ETF Approval Authored by Vivek Sun via Bitcoin Magazine, Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year… Fidelity has been bullish on Bitcoin for years, launching its Digital Assets branch in 2018 and bringing a […]

  • Hims & Hers Health Shares Tumble After CEO Says ‘Will Hire Anti-Israel Student Protesters’ 
    by Tyler Durden on May 4, 2024 at 1:55 pm

    Hims & Hers Health Shares Tumble After CEO Says ‘Will Hire Anti-Israel Student Protesters’  Publicly traded telehealth company Hims & Hers Health, Inc. tumbled into a correction at the end of last week when the CEO said he and other executives were “eager” to hire anti-Israel student protesters.  “Moral courage > College degree,” Palestinian-American CEO Andrew Dudum wrote on X.  Dudum said, “If you’re currently […]

  • New Discovered Uranium Deposit In Poland Could Fuel Future Polish Nuclear Power Plant
    by Tyler Durden on May 4, 2024 at 1:20 pm

    New Discovered Uranium Deposit In Poland Could Fuel Future Polish Nuclear Power Plant By Grzegorz Adamczyk of RMX.news The Świętokrzyska Industrial Group Industria (ŚGP Industria) has confirmed the presence of uranium in a deposit within the Świętokrzyskie Region in southern Poland. The company now plans to undertake further exploratory work to determine the deposit’s size and potential extraction methods. This finding was […]

  • Zelensky Tells Commanders Ukraine Must Defeat Russia To Join NATO
    by Tyler Durden on May 4, 2024 at 12:45 pm

    Zelensky Tells Commanders Ukraine Must Defeat Russia To Join NATO Ukraine’s President Zelensky has reportedly told his top military commanders that Ukraine must win against Russia if it hopes to one day be admitted into NATO. Russian state media has captured and translated key lines of the speech. “I believe that we will be in NATO only if we win. I don’t think that we will be admitted […] during the war,” Zelensky had said […]

  • Israeli Industry Braces For Economic Damage Amid Turkish Trade Ban
    by Tyler Durden on May 4, 2024 at 12:10 pm

    Israeli Industry Braces For Economic Damage Amid Turkish Trade Ban Via Middle East Eye Sectors across the Israeli economy are warning of wide-reaching impacts of Turkey’s decision to halt all trade with Israel, and are scrambling to find alternative sources for lost imports. The Turkish trade ministry announced earlier this week that Ankara is halting all import and export transactions related to Israel until it “allows an […]

  • UK Vows To Arm Ukraine For ‘As Long as It Takes’ – Commits $3.7BN Annually
    by Tyler Durden on May 4, 2024 at 11:35 am

    UK Vows To Arm Ukraine For ‘As Long as It Takes’ – Commits $3.7BN Annually The UK has committed to what might be called ‘forever aid’ in Ukraine’s defense, with British Foreign Secretary David Cameron newly promising $3.74 billion of annual military aid for Kiev for “as long as it takes”. He unveiled the plan Thursday, and it marks the biggest commitment in foreign defense aid rollout for Britain thus far in the war (and perhaps […]

  • Rogan To University Protesters: “You Guys Are Doing Nonsense” At “Cult Camp”
    by Tyler Durden on May 4, 2024 at 11:15 am

    Rogan To University Protesters: “You Guys Are Doing Nonsense” At “Cult Camp” Authored by Steve Watson via Modernity.news, During a podcast with Tulsi Gabbard, Joe Rogan addressed agitators on University campuses throughout the US, charging that they have been “indoctrinated” into a “cult.” “If I was going to try to destroy the country, that’s how I would do it,” Rogan noted, explaining “I would radicalize the […]

  • ‘Razor’s Edge’: PM Orbán Calls For Europeans To Vote For Pro-Peace Parties In June EU Elections
    by Tyler Durden on May 4, 2024 at 11:00 am

    ‘Razor’s Edge’: PM Orbán Calls For Europeans To Vote For Pro-Peace Parties In June EU Elections Authored by Dénes Albert via ReMix, Hungarian Prime Minister Viktor Orbán is warning that only electing conservative candidates to the European Parliament and replacing the EU’s current leadership will lead to peace in Ukraine. “The whole European community is on a razor’s edge. We are standing on the dividing line between […]

  • The Great Gold Vs Bitcoin Debate
    by Tyler Durden on May 4, 2024 at 10:25 am

    The Great Gold Vs Bitcoin Debate   https://t.co/z5tfJThm9J — zerohedge (@zerohedge) May 3, 2024 Watch Live on X, YouTube and Rumble.  ZeroHedge is partnering with Crypto Banter to bring together four top minds to debate one of the most combustible topics of the day: gold or bitcoin? In the anti-crypto corner is the man whose name is synonymous with “gold”, infamous crypto bear Peter Schiff. Alongside Schiff will be […]

  • College Fraternities Rise Up Against Marxist Protesters Chanting For ‘Socialist Takeover Of America’ 
    by Tyler Durden on May 4, 2024 at 10:00 am

    College Fraternities Rise Up Against Marxist Protesters Chanting For ‘Socialist Takeover Of America’  Colleges and universities are witnessing a coordinated push to spark a new movement resembling Black Lives Matter ahead of the summer months. This time, it’s under the guise of defending Palestine while embedding Marxist ideologies, such as quite literally calling for a ‘revolution’ to usher in ‘a socialist reconstruction of the […]

  • Scientists Backtrack, Admit Proposed Virus Experiments Could Have Been Done In China
    by Tyler Durden on May 4, 2024 at 3:40 am

    Scientists Backtrack, Admit Proposed Virus Experiments Could Have Been Done In China Authored by Zachary Stieber via The Epoch Times (emphasis ours), Scientists with close ties to China and the U.S. government is now saying that risky experiments he proposed—which some experts believe could have led to the creation of SARS-CoV-2—may have been done, deviating from earlier statements. Peter Daszak, president of the EcoHealth […]

  • The State Of World Press Freedom
    by Tyler Durden on May 4, 2024 at 3:20 am

    The State Of World Press Freedom The 2024 World Press Freedom Index, compiled by Reporters Without Borders (RSF), was released today. This year, the agency highlights a “worrying decline in support and respect for media autonomy and an increase in pressure from the state or other political actors.” This is based on the fact that, of the five indicators used to compile the ranking, it is the political indicator that has fallen […]

  • Coffee Compound May Help Counteract Age-Related Muscle Loss
    by Tyler Durden on May 4, 2024 at 3:00 am

    Coffee Compound May Help Counteract Age-Related Muscle Loss Authored by George Citroner via The Epoch Times, One of the world’s favorite brews may hold the key to keeping muscles strong and healthy as we age. According to recent research, a natural compound found in coffee could be the secret weapon against age-related muscle loss. The Muscle-Preserving Molecule Mitochondria, the powerhouses of our cells, play a crucial role […]

  • The US Is The Only G-7 Nation To See Trust In Government Plummet
    by Tyler Durden on May 4, 2024 at 2:40 am

    The US Is The Only G-7 Nation To See Trust In Government Plummet How much do you trust the government, and its various institutions? It’s likely that your level of confidence probably depends on a wide range of factors, such as perceived competency, historical context, economic performance, accountability, social cohesion, and transparency. And for these same reasons, trust levels in government institutions also change all the […]

  • “I’ve Been Totally Ghosted”: After Install, Solar Panels Become Maintenance Nightmare
    by Tyler Durden on May 4, 2024 at 2:00 am

    “I’ve Been Totally Ghosted”: After Install, Solar Panels Become Maintenance Nightmare The green new deal and switch to “alternative’ energy looks like it’s going exactly as planned: costing the taxpayer trillions of dollars and generally pissing everybody off. That was the case with a number of solar panel owners who are now finding it difficult to get their panels serviced, according to WBAL TV. Solar panel installation is touted […]

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  • BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
    by Monika Ghosh on May 4, 2024 at 3:12 pm

    Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, according to a Bloomberg report. BTC-e was one of the world’s largest crypto exchanges between 2011 and 2017. According to the prosecutors, it processed transactions worth $9 billion and had The post BTC-e crypto exchange operator pleads guilty to money laundering in the U.S. appeared first on […]

  • The rise of Bitcoin ETFs and future market implications
    by Shane Neagle on May 4, 2024 at 10:54 am

    The following is a guest post from Shane Neagle. Regardless of an asset’s fundamentals, its value is governed by one underlying feature – market liquidity. Is it easy for the wider public to sell or buy this asset?  If the answer is yes, then the asset receives high trading volume. When that happens, executing trades The post The rise of Bitcoin ETFs and future market implications appeared first on CryptoSlate.

  • DOJ charges three Cred execs over $783 million in customer fund losses
    by Mike Dalton on May 4, 2024 at 1:00 am

    On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate.

  • Nigeria poised to outlaw P2P crypto trading over national security concerns
    by Assad Jafri on May 3, 2024 at 11:52 pm

    Nigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown on peer-to-peer (P2P) crypto transactions, according to local media reports and CryptoSlate sources. The move follows the decision of at least three major Nigerian fintech startups — Moniepoint, Paga, and Palmpay — to block accounts The post Nigeria poised to outlaw P2P crypto trading over national […]

  • SEC under Trump would ‘vigorously pursue’ crypto regulation – former regulator says
    by Mike Dalton on May 3, 2024 at 11:07 pm

    Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously pursued crypto cases” during Trump’s first presidential term and that it brought “daylight and regulation” to the burgeoning industry. She predicted that the The post SEC under Trump would ‘vigorously pursue’ crypto […]

  • Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase
    by Mike Dalton on May 3, 2024 at 9:09 pm

    Galaxy reported an assortment of VC investment data, including nearly $2.5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter. The growth represents the first increase by both measures in three quarters, The post Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase […]

  • Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge
    by James Van Straten on May 3, 2024 at 8:35 pm

    Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC. Analyzing Bitfinex whale activity in 2024 reveals a clear pattern: On Feb. 10, these whales held over 76,000 BTC, but by March’s all-time high, the holdings had The post Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge appeared first on CryptoSlate.

  • Dutch authorities arrest suspect in ZKasino gambling scam, seize $12.2 million in assets
    by Oluwapelumi Adejumo on May 3, 2024 at 7:40 pm

    The Netherlands’ Fiscal Information and Investigation Service (FIOD) announced the arrest of a 26-year-old suspected to be involved in the ZKasino decentralized gambling platform scam. Meanwhile, speculations within the crypto community suggest that the arrested person could potentially be the pseudonymous founder of the platform known as Derivatives Monke. Asset seizures In the wake of The post Dutch authorities arrest suspect in ZKasino […]

  • Arthur Hayes predicts Bitcoin is poised for a steady rise in value
    by Assad Jafri on May 3, 2024 at 7:05 pm

    Former BitMEX CEO Arthur Hayes expressed optimism regarding Bitcoin’s future trajectory, suggesting that the recent downturn marks a local bottom, with the flagship crypto poised for a gradual ascent over the coming months. Hayes shared his insights in a blog post on May 3, attributing the recent market slump to a variety of factors, including The post Arthur Hayes predicts Bitcoin is poised for a steady rise in value appeared first on […]

  • Challenging the notion of ‘Stag’ or ‘Flation’
    by James Van Straten on May 3, 2024 at 6:17 pm

    Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data. In his speech following the Fed’s decision to keep fed funds rates at 5.25%-5.50%, Powell stated: “So I don’t see the ‘stag’ or the ‘flation’.” Stagflation refers to a toxic combination of stagnant economic growth, The post Challenging the notion of ‘Stag’ or ‘Flation’ appeared first […]