Category: Crypto
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Hong Kong’s Bitcoin ETFs May Open To Mainland Chinese
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Richard Byworth, managing partner at SyzCapital, has sparked rumors suggesting that Hong Kong-listed Bitcoin ETFs may soon be available to investors from mainland China. Byworth’s remarks to X, formerly known as Twitter, highlight ongoing discussions about the possibility of integrating these ETFs into the Stock Connect system. This integration could…
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$1 Million Bitcoin Alpha Competition for Bitcoin 2024
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The following is an excerpt from the latest issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain Bitcoin market analysis directly to your inbox, subscribe now. We’re looking for the next best Bitcoin fund manager! Bitcoin Pro…
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Bitcoin Price Rejects Key Resistance, Time For Another Drop In BTC?
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Bitcoin price started to rise steadily above the $62,500 resistance level. BTC is once again struggling to clear the $64,500 and $65,000 resistance levels. Bitcoin is showing positive signs and is facing hurdles near $64,500. The price is trading above $62,500 and the 100 hourly simple moving average. There is…
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Jack Dorsey initiative pours $21m into Openstats
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Former Twitter CEO Jack Dorsey has made a staggering $21 million donation to OpenSats, a platform dedicated to funding the development of Bitcoin (BTC). The nonprofit announced Dorsey’s donation in a May 4 blog post mailShe indicated that the funds will be used to enhance the resources available for open…
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Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering
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Blockchain analytics firm Elliptic said its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored by researchers from the MIT-IBM Watson AI Lab. Elliptic has revealed the successful identification of illicit proceeds deposited on a cryptocurrency…
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Bitcoin Bull Michael Saylor Wants SEC To Corral Crypto Herd: ETH, ADA, SOL In The Crosshairs
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Michael Saylor, the technology entrepreneur who led MicroStrategy to the Bitcoin giant, is back in the headlines. This time, he is not defending the orange coin, but rather turning his focus to its altcoin competitors. At the recent Bitcoin For Corporations conference, Saylor unleashed a wave of speculation, painting a…
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Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
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on First quarter earnings call Yesterday, Alliance Resource Partners, a $2.8 billion coal mining company that trades under the ticker ARLP on the Nasdaq, reported that it is mining Bitcoin and currently has 425 Bitcoin on its balance sheet. Nasdaq listed Alliance Resources $ARLPa $2.8 billion coal mining company, mines…
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Why Did The Solana Price Jump Today?
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Solana (SOL) price is currently up 4% after jumping from $142 to $148 over the past 24 hours. Interestingly, Solana It has gained 23% from $119.56 since May 1 and can continue to sustain this price increase steadily for the rest of the month. On-chain data behind the scenes has…
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Vodafone has an idea on how to manage crypto transactions
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UK telecom giant Vodafone is looking to integrate cryptocurrency wallets directly into mobile SIM cards. David Palmer, chief product officer (CPO) of Vodafone’s Pairpoint, explained the move in an article interview With Yahoo Finance the focus is on the future. Ballmer highlighted the company’s plans to drive the adoption of…
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April Records Lowest Crypto Losses in Years: CertiK
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CertiK, a leading blockchain security company, has released its latest report revealing a significant decline in losses resulting from crypto-related hacks and fraud by the end of April. Pointing to the notable decline, CertiK reported that April saw a loss of approximately $25.7 million due to exploits, hacks, and fraud.…
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Impersonators Are Targeting Your Pack!
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The thriving Shiba Inu (SHIB) community is facing a growing threat: scammers posing as prominent developers on social media platforms like Telegram. Shibarmy Scam Alerts, a watchful community group, recently exposed this deceptive tactic, urging investors to be cautious in the face of these digital wolves in sheep’s clothing. The…
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Bitcoin and Biodiversity in the Cannabis Industry
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The world has witnessed unprecedented power grabs and disruption of supply chains over the past two years. The near-perfect fit between big government, big banks and corporations should be a serious cause for concern throughout the agricultural sector. These movements represent nothing less than the most serious threats to our…
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XRP Holders Stack Coins Despite Price Dip: Bullish Signal?
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The cryptocurrency market has been hit hard by recent storms, with many altcoins seeing significant price drops. However, XRP appears to be weathering the storm with a hint of defiance. Despite its low price, on-chain data reveals interesting trends that point to a potential upside for XRP investors. XRP Accumulation…
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Tron’s Justin Sun dominates liquid restaking protocol
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Tron founder Justin Sun is back in the spotlight with his recent cryptocurrency deposit activity. Blockchain data reveals that the Sun wallet, identified as “0x7a9…3095,” has transferred a total of 120,000 eETH, which are tokens pegged to Ethereum, to the Swell L2 liquid repository protocol. Justin Sun shakes up DeFi…
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These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B
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Earlier this week, the largest stablecoin issuer, Tether, revealed that it generated more than $4.52 billion in net profits in the first quarter of 2024. With the company recently expanding its operations, a large portion of the profits came from its long-standing operations. Existing companies, not newly formed divisions. pregnancy…
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Are Ethereum And XRP Securities? Ripple CEO Weighs In On The Debate
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US Securities and Exchange Commission for a long time He was at odds With the cryptocurrency industry, especially regarding the security status of certain cryptocurrencies. Ripple CEO Brad Garlinghouse recently had some strong opinions on the matter that he’s not afraid to share. Speaking in an interview, Garlinghouse noted that…
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The Weekly Re-Org: War Of Attrition
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Remember that movie where Sandra Bullock crosses the entire country blindfolded because climaxing abroad means you face certain death? This must be what it feels like to build anything with Bitcoin now. Everyone is moving blind. The US government is taking everyone along for the ride and no one knows…
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AI is the best thing to ever happen to content creators in the web3 era
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. The momentum of AI seems unstoppable, and countless research has been devoted to its potential impact on jobs. There have been doomsday scenarios of artificial intelligence…
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US Authorities Are Going After These Crypto Entities
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Over time, the US government, through its regulatory agencies, has filed cases against several cryptocurrency companies, demanding compliance for their products and services. Although the list is extensive, some cases have stood out, such as lawsuits against decentralized protocols like Uniswap, cryptocurrency mixing platforms like Tornado Cash, and major corporations…
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Bitfinex CTO Dispels FUD, Refutes Data Breach By Ransomware Group
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In an interesting turn of events, Paolo Ardoino, Bitfinex’s chief technology officer, denied rumors about the exchange being involved in a large-scale data breach. This came in response to allegations of a major security breach by hacking group FSOCIETY just over a week ago. On April 26, FSOCIETY claimed on…