• Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know
    by Joel Frank on May 7, 2024 at 11:07 pm

    The Solana (SOL) price is pulling lower on Tuesday, dipping back to $150 having pushed nearly as high as $160 earlier in the day, though traders continue to predict big near-term upside for the token. The post Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know appeared first on Cryptonews.

  • State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
    by Jimmy Aki on May 7, 2024 at 10:02 pm

    On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany’s traditional banking institutions’ adoption of blockchain technology. The post State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds appeared first on Cryptonews.

  • Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says
    by Julia Smith on May 7, 2024 at 8:44 pm

    One in five voters in key battleground states believe digital assets are a key issue in the upcoming 2024 elections, data released Tuesday by the Digital Currency Group (DCG) reveals. The survey results come amidst the increasingly tense presidential race between Joe Biden and Donald Trump, with polls split nearly 50/50. The post Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says appeared first on […]

  • Crypto Experts Bulk Up on New Web3 Utility Coin – Next Big Bitcoin Challenger?
    by Joel Frank on May 7, 2024 at 8:29 pm

    Crypto experts are bulking up on what could be crypto’s best new web3 utility coin ICO Mega Dice (DICE), a fast-growing crypto casino platform that combines aspects of GambleFi, GameFi, is a passive income gem, and has one of web3’s most exciting airdrops. The post Crypto Experts Bulk Up on New Web3 Utility Coin – Next Big Bitcoin Challenger? appeared first on Cryptonews.

  • Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
    by Joel Frank on May 7, 2024 at 8:25 pm

    As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now. The post Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena appeared first on Cryptonews.

  • Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW
    by Thomas Musgrave on May 7, 2024 at 7:24 pm

    Wenia, a new crypto exchange by Colombia’s Bancolombia bank, launches with the COPW stablecoin, pegged to the Colombian peso. The platform allows trading in various cryptocurrencies, including Bitcoin, Ether, and Polygon. This development aligns with Colombia’s rising prominence in Latin America’s crypto adoption landscape. The post Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin […]

  • Grayscale’s Bitcoin ETF Sees Small Inflows Following $17.4B Loss
    by Thomas Musgrave on May 7, 2024 at 5:53 pm

    After months of outflows, Grayscale’s Bitcoin ETF is experiencing a positive shift, with inflows totaling $66.9 million over the past two days. This turnaround follows a period of major decline, during which the fund saw an average daily outflow of $217 million. Other Bitcoin ETFs, such as those from BlackRock and Fidelity, continue to attract substantial investments, demonstrating the […]

  • As ‘AQUACAT’ reignites Solana Meme Markets, Dogeverse Readies for Exchange Debut with $13M Raised
    by Sam Cooling on May 7, 2024 at 4:29 pm

    In the latest Solana meme coin pump, the new cat-themed coin ‘Aqua Cat on SOL’ (AQUACAT) has seen its price skyrocket by 33,895% overnight, as traders around the world try to get a piece of the pie. This article will provide an analysis of AQUACAT’s current price trends and look to see whether a soon-to-launch The post As ‘AQUACAT’ reignites Solana Meme Markets, Dogeverse Readies for Exchange Debut with $13M Raised appeared first on […]

  • Worldcoin Price Rises on May 9 New ChatGPT Rumors and Traders Focus on AI Meme Coin for Gains
    by Tim Hakki on May 7, 2024 at 3:37 pm

    Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing. A rumor that ChatGPT, OpenAI’s main offering, is launching a search engine next week spurred much of  Worldcoin’s rally over the last few days. The The post Worldcoin Price Rises on May 9 New ChatGPT Rumors and Traders Focus on AI Meme Coin for Gains appeared first on […]

  • Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January
    by Julia Smith on May 7, 2024 at 3:22 pm

    Now detained Binance executive Tigran Gambaryan and fellow representatives of the crypto exchange were allegedly pressured by an unnamed government official to accept a secret settlement, Binance CEO Richard Teng revealed in a blog post on the company’s website Tuesday. News of the alleged bribe comes as Gambaryan and fellow Binance executive Nadeem Anjarwalla face money laundering and tax evasion charges from the Nigerian government. The post […]

  • Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
    by Tanzeel Akhtar on May 7, 2024 at 3:00 pm

    Non-fungible token (NFT) platform Ethernity, said it has switched to a artificial intelligence enhanced Ethereum Layer 2 network with advanced capabilities allowing it to combat counterfeit asset trading. The post Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading appeared first on Cryptonews.

  • The Future of K-Pop: OppaCoin’s Vision for AI Integration
    by Michael Graw on May 7, 2024 at 2:50 pm

    OppaCoin, the first meme coin representing K-pop, is set to revolutionize the K-culture industry by combining cutting-edge AI technology. OppaCoin aims to create AI stars and AI artists across various aspects of K-culture, including music, dramas, music videos, and games, fostering a new fan culture through the OppaCoin ecosystem and fan clubs. Utilizing state-of-the-art AI The post The Future of K-Pop: OppaCoin’s Vision for AI Integration […]

  • Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell?
    by Simon Chandler on May 7, 2024 at 1:12 pm

    The Dogecoin price has dipped by 2.5% in the past 24 hours, falling to $0.158 as the crypto market as a whole loses 2% today. The post Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell? appeared first on Cryptonews.

  • QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East
    by Ruholamin Haqshanas on May 7, 2024 at 12:51 pm

    QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East.  The post QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East appeared first on Cryptonews.

  • Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE
    by Sead Fadilpašić on May 7, 2024 at 12:37 pm

    This week read about: Meme Coin News: Market Highlights Tesla’s Updated Payment Methods Include Dogecoin Dogeverse Presale Hits $13 Million Milestone Whale Withdraws 1.238 Trillion PEPE The post Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE appeared first on Cryptonews.

  • Kronos Research Hacker Launders $4M Through Tornado Cash
    by Cryptonews on May 7, 2024 at 12:11 pm

    The Hacker who exploited Kronos Research for $25 million in November 2023 has moved $4 Million of Ethereum through Tornado Cash, attempting to launder the funds. The post Kronos Research Hacker Launders $4M Through Tornado Cash appeared first on Cryptonews.

  • Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation
    by Sujha Sundararajan on May 7, 2024 at 12:02 pm

    Nigeria Would roll out delisting naira from P2P platforms in “coming days,” which will cover crypto exchanges and custodians. The post Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation appeared first on Cryptonews.

  • What’s Happening In Crypto Today? Daily Crypto News Digest
    by Sead Fadilpašić on May 7, 2024 at 12:00 pm

    In crypto news today: Why is crypto up today? dWallet Network integrates with Celo Solana-based Social Rewards App Cupcake Launches as Engaging Entry Point ‘Graham Tuckwell Has Unnecessarily Wasted WisdomTree Time and Resources’, Letter Says The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews.

  • Exodus Approved for NYSE Listing, Trading Begins on May 9
    by Ruholamin Haqshanas on May 7, 2024 at 10:46 am

    Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE American. The post Exodus Approved for NYSE Listing, Trading Begins on May 9 appeared first on Cryptonews.

  • Shiba Inu Price Prediction as Whale Moves 800 Billion SHIB Within 1 Minute – Big News Coming?
    by Simon Chandler on May 7, 2024 at 10:42 am

    SHIB has dropped by 6% in the past 24 hours, with the Shiba Inu price moving to $0.00002401 on day when the crypto market has fallen by 1.5%. The post Shiba Inu Price Prediction as Whale Moves 800 Billion SHIB Within 1 Minute – Big News Coming? appeared first on Cryptonews.

  • The Marine Corps That Should Have Been
    by Tyler Durden on May 7, 2024 at 11:40 pm

    The Marine Corps That Should Have Been Authored by Gary Anderson via RealClearPolitics, Say what one wants about the Israeli incursion into Gaza, but not a single rocket or missile has been fired from what is left of it since the start of fighting. Compare this with the relative ineffectiveness of American efforts stop Yemen’s Houthis from slinging missiles at shipping in the Red Sea. The difference is simply geography. The […]

  • FBI File On Jeff Bezos’ Grandfather, A DARPA Co-Founder, Has Been Destroyed
    by Tyler Durden on May 7, 2024 at 11:20 pm

    FBI File On Jeff Bezos’ Grandfather, A DARPA Co-Founder, Has Been Destroyed What’s not widely known is that Amazon founder Jeff Bezos’ grandfather, Lawrence Preston Gise, helped form the Pentagon’s supersecret Advanced Research Projects Agency (ARPA—renamed DARPA) in 1958. Years later, DARPA developed the internet and spurred breakthroughs in high-speed networking, voice recognition, and internet search.  One year […]

  • Rural Western North Carolina Community Protests ‘Covert’ Plans For EV Battery Plant
    by Tyler Durden on May 7, 2024 at 11:00 pm

    Rural Western North Carolina Community Protests ‘Covert’ Plans For EV Battery Plant Authored by Matt McGregor via The Epoch Times (emphasis ours), A group of residents in western North Carolina are protesting their county board’s lack of transparency over furtive moves to welcome an electric vehicle (EV) battery manufacturing the residents believe would pollute their waters and ruin their scenic countryside. A view of the […]

  • Stan Druckenmiller Gives Bidenomics An “F”  
    by Tyler Durden on May 7, 2024 at 10:40 pm

    Stan Druckenmiller Gives Bidenomics An “F”   Billionaire investor and Duquesne Family Office Chairman & CEO Stan Druckenmiller slammed Bidenomics and warned the Federal Reserve and federal government “misdiagnosed Covid and thought it was — we were going into a depression.” Druckenmiller has been irritated by the massive fiscal spending by the federal government, which we outlined last year as a “stealth stimulus” […]

  • Trojan Tomato: A New GMO Is Designed To Infiltrate America’s Gardens
    by Tyler Durden on May 7, 2024 at 10:20 pm

    Trojan Tomato: A New GMO Is Designed To Infiltrate America’s Gardens Authored by Sina McCullough via The Epoch Times (emphasis ours), As spring gardening approaches, a new contender has entered the fray—the genetically modified (GM) Purple Tomato. Unlike its GM predecessors, the GM Purple Tomato is not destined solely for the fields of commercial agriculture—it has made its debut in the backyards of home gardeners across the […]

  • F-22 Stealth Fighter Suffers “Mishap” At Savannah Airport 
    by Tyler Durden on May 7, 2024 at 10:00 pm

    F-22 Stealth Fighter Suffers “Mishap” At Savannah Airport  Isn’t it remarkable that while the military-industrial complex, neoconservative warmongers, and radical leftists in the White House seem to push for further conflict in Eastern Europe without even a hint of suggesting peace negotiations with Russia, some of America’s most advanced military jets are unfit for combat? The latest example comes from Savannah/Hilton Head […]

  • Trump Is A Rorschach Test For The Body Politic
    by Tyler Durden on May 7, 2024 at 9:40 pm

    Trump Is A Rorschach Test For The Body Politic Authored by Frank Miele via RealClearPolitics, It is no secret that Donald Trump is a hot wire that either fires up the imagination of voters or fries the brain. For those of us who experience Trump as a Promethean bringer of enlightening fire to the dark barren fields of modern politics, it is hard to fathom the reaction of those who are terrified of him. We just say they have […]

  • Trump Classified Document Trial Postponed Indefinitely Days After ‘Mishandled Evidence’ Bombshell
    by Tyler Durden on May 7, 2024 at 9:20 pm

    Trump Classified Document Trial Postponed Indefinitely Days After ‘Mishandled Evidence’ Bombshell One day after postponing a filing deadline in Donald Trump’s classified documents case, Judge Aileen M. Cannon has postponed the whole thing indefinitely. In a Tuesday decision, Cannon vacated (canceled) Trump’s May 20 trial date, and wrote that setting a new date given the enormous stack of pre-trial matters would be “imprudent.” […]

  • 7 Numbers That Clearly Reveal The Direction That America Has Chosen
    by Tyler Durden on May 7, 2024 at 9:00 pm

    7 Numbers That Clearly Reveal The Direction That America Has Chosen Authored by Michael Snyder via TheMostImportantNews.com, Over the past several decades, America’s culture has been transformed at a pace that is absolutely breathtaking.  When I was growing up, I was convinced that I believed in a shared set of national values that most other Americans also embraced.  But in our day and age those values have been discarded and […]

  • WTI Dips After API Reports Across-The-Board Inventory Builds
    by Tyler Durden on May 7, 2024 at 8:43 pm

    WTI Dips After API Reports Across-The-Board Inventory Builds Oil prices ended the day flat today (after touching the lowest level in almost two months on news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production). Novak told Russia’s Interfax news agency that the possibility of increasing oil production within the OPEC+ framework was still being analyzed. “It always […]

  • Withdrawing From The Rat-Race Is Going Global
    by Tyler Durden on May 7, 2024 at 8:20 pm

    Withdrawing From The Rat-Race Is Going Global Authored by Charles Hugh Smith via OfTwoMinds blog, Mere mortals are left in a hopeless situation. In response, they’re withdrawing from the competition en masse. The world has changed over the past two generations in ways that don’t fit the heavily promoted narratives of “growth” and “progress.” The “growth” and “progress” narratives hold that everything is getting better in every […]

  • ‘Clothes Off, Bra On, Missionary Position’: Stormy Goes Into Specifics During Trump Trial Testimony
    by Tyler Durden on May 7, 2024 at 8:07 pm

    ‘Clothes Off, Bra On, Missionary Position’: Stormy Goes Into Specifics During Trump Trial Testimony Update (1400ET): Daniels went into further detail about her alleged encounter with Trump, testifying that at one point she went to the bathroom in a hotel room and emerged to find Trump waiting for her in his underwear. “He was just up on the bed like this,” she said, pulling her leg up to her waist on the witness stand. She […]

  • Kashkari & Consumer Credit Curtail Stock & Bond Gains
    by Tyler Durden on May 7, 2024 at 8:00 pm

    Kashkari & Consumer Credit Curtail Stock & Bond Gains Another quiet macro day (although an ugly picture was painted late on by the unexpectedly weak revolving credit increase – potentially signaling a US consumer who really has hit their limit). Some FedSpeak wiped a little lipstick off the early pig’s squeeze higher as Kashkari seemed to offer both sides some hope (but it spoiled the fun with the ‘we could hike’ line): […]

  • Pfizer Stock Hit After Boy Dies Of Cardiac Arrest During Gene Therapy Trial
    by Tyler Durden on May 7, 2024 at 7:41 pm

    Pfizer Stock Hit After Boy Dies Of Cardiac Arrest During Gene Therapy Trial Stock in Pfizer dropped on Tuesday after a young boy receiving experimental gene therapy for Duchenne muscular dystrophy died during the trial. According to STAT News, Pfizer has yet to determine exactly what happened or how the boy died Pfizer has confirmed that the boy suffered cardiac arrest, and is pausing crossing over patients in its randomized […]

  • Shocking Collapse In Credit Card Debt Growth Just As Card APRs Hit All Time High
    by Tyler Durden on May 7, 2024 at 7:40 pm

    Shocking Collapse In Credit Card Debt Growth Just As Card APRs Hit All Time High After several months of wild swings in US consumer debt, culminating with last month’s jump in credit card debt to a new all time high despite record high credit card rates, in March households finally hit a brick wall because according to the latest consumer credit data published by the Federal Reserve moments ago, in the last month of Q1, total […]

  • New Star Wars Animated Series Features A ‘They/Them’ Jedi
    by Tyler Durden on May 7, 2024 at 7:20 pm

    New Star Wars Animated Series Features A ‘They/Them’ Jedi Authored by Steve Watson via Modernity.news, Disney+ is taking more flak for crowbarring a them/them character into its latest Star Wars series. The animated show Tales of the Empire, is made up of six shorts, with one of the episodes featuring a non-binary Jedi. In a scene below, the they/them agrees to surrender to an Inquisitor, a character that hunts Jedi, just as […]

  • One Third Of Stanford Students OK With Violence To Shut Down Speech; Report
    by Tyler Durden on May 7, 2024 at 6:40 pm

    One Third Of Stanford Students OK With Violence To Shut Down Speech; Report Authored by Samantha Swenson via The College Fix, More than one third of Stanford University students say using physical violence to stop a speech is acceptable in at least some circumstances, according to a new report. The Foundation for Individual Rights and Expression conducted the survey after federal Judge Kyle Duncan’s speech on campus […]

  • Title IX Rule Change On Gender Triggers Lawsuits From 15 States
    by Tyler Durden on May 7, 2024 at 6:00 pm

    Title IX Rule Change On Gender Triggers Lawsuits From 15 States Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours), Republican-led states are suing the Biden administration and advising schools to ignore the new federal Title IX changes that expand sex discrimination protection to students who identify as the opposite sex, or transgender. (Illustration by The Epoch Times, Getty Images, Shutterstock, Alejandro […]

  • Biden Ready To Use SPR Again If Oil Prices Rise
    by Tyler Durden on May 7, 2024 at 5:40 pm

    Biden Ready To Use SPR Again If Oil Prices Rise Several weeks after we reported that – very unsurprisingly – the Biden admin had halted its laughable attempts to refill the SPR as oil prices soared (having missed its entire window to do so when WTI was trading in the low $70s), we speculated that it may be only a matter of time before the senile president decides to start draining the strategic reserve all over again to keep gas […]

  • Stellar 3Y Auction Stops-Through Thanks To Jump In Foreign Demand
    by Tyler Durden on May 7, 2024 at 5:25 pm

    Stellar 3Y Auction Stops-Through Thanks To Jump In Foreign Demand The first refunding auction of the quarter just concluded when the Treasury sold $58BN in 3 Year paper, unchanged from last month’s size and matching the previous record high hit during the covid crisis. The auction priced at a high yield of 4.605%, up from 4.548% in April, but while that auction tailed by 2bps, today’s auction stopped through the When Issued 4.608% […]

  • Florida Becomes First State To Ban ‘Fake Meat’
    by Tyler Durden on May 7, 2024 at 5:20 pm

    Florida Becomes First State To Ban ‘Fake Meat’ Authored by Patricia Tolson via The Epoch Times (emphasis ours), Florida’s governor has signed a first-of-its-kind bill into law to officially ban lab-grown meat, in a bid to protect the Sunshine State’s cattle industry and its residents. Lab-grown meat is presented in the Disgusting Food Museum in Los Angeles, Calif., on Dec. 6, 2018. (Robyn Beck/AFP via Getty Images) Florida […]

  • TikTok Sues US Government Over ‘Forced-Sale’ Or ‘Ban’ Law
    by Tyler Durden on May 7, 2024 at 4:20 pm

    TikTok Sues US Government Over ‘Forced-Sale’ Or ‘Ban’ Law As was promised and expected, TikTok and its Chinese parent ByteDance have sued to challenge the new US law, arguing that the law is unconstitutional. The New York Times reports, citing a petition the company provided, that the company alleges the new law violates users’ First Amendment rights, by effectively removing an app that millions of Americans use to share their […]

  • Biden Withholds Shipment Of Boeing-Made Precision Bombs From Israel Over Rafah Offensive
    by Tyler Durden on May 7, 2024 at 4:12 pm

    Biden Withholds Shipment Of Boeing-Made Precision Bombs From Israel Over Rafah Offensive Update(1212ET): We noted earlier that Israel’s Rafah ground offensive currently in progress constitutes a glaring instance of Netanyahu’s willingness to blow past Biden’s ‘red line’ which was repeatedly verbalized in the last weeks and months. It now appears that Biden is ready to belatedly get ‘tough’ (or at least keep up the appearance of […]

  • Zelensky Assassination Plot Foiled, Two Colonels Arrested, Ukraine Intelligence Says
    by Tyler Durden on May 7, 2024 at 4:05 pm

    Zelensky Assassination Plot Foiled, Two Colonels Arrested, Ukraine Intelligence Says The Ukrainian government and intelligence services are claiming that a major assassination plot targeting President Volodymyr Zelensky has been thwarted. The plot also allegedly aimed to take out other top military and political figures. Ukraine’s state security service (SBU) unveiled the plot Tuesday in announcing the detention of two colonels […]

  • “Oooh! Rate Cuts!” vs. “Oh! Not Rate Cuts”
    by Tyler Durden on May 7, 2024 at 3:45 pm

    “Oooh! Rate Cuts!” vs. “Oh! Not Rate Cuts” By Michael Every of Rabobank “Oooh! Rate Cuts!” vs. “Oh! Not Rate Cuts” Markets are their own happy story this morning as “Oooh! Rate cuts!” is again the meme du jour. But back in the real world it’s “Oh! Not rate cuts.” Yemen’s Houthis say they can now hit the Eastern Mediterranean as well as the Indian Ocean and the Red Sea. If all three and Suez are out of bounds for […]

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  • Emmer slams Gensler for ‘inconsistency, incompetence’ over SAB 121
    by Assad Jafri on May 7, 2024 at 11:04 pm

    House Republicans are gearing up to challenge the SEC’s controversial rule regarding digital asset custody, labeling it as an overreach of the agency’s authority. During a press conference on May 7, Representative Tom Emmer, a prominent Republican lawmaker, criticized SEC Chairman Gary Gensler’s tenure, calling it marked by “regulatory hypocrisy, inconsistency, and incompetence.” The issue The post Emmer slams Gensler for […]

  • Susquehanna discloses $1.3 billion in spot Bitcoin ETF investments
    by Mike Dalton on May 7, 2024 at 9:55 pm

    Susquehanna International Group disclosed $1.3 billion of investments in spot Bitcoin ETFs in a May 7 13F filing. The company reported holding 17.3 million shares of Grayscale’s GBTC across three separate investments for a combined investment of $1.1 billion. Susquehanna additionally purchased 1.3 million shares of Fidelity’s FBTC worth $83.7 million, 583,049 shares of BlackRock’s The post Susquehanna discloses $1.3 billion in spot […]

  • Vitalk Buterin drafts EIP-7702 to enhance externally owned accounts
    by Mike Dalton on May 7, 2024 at 9:12 pm

    In a recent proposal, prominent Ethereum developers, including Vitalik Buterin, Sam Wilson, Ansgar Dietrichs, and Matt Garnett, suggested a new transaction type to enhance Externally Owned Accounts (EOAs). The proposal, currently in draft status, outlines the creation of a new transaction type that temporarily converts EOAs into smart contract wallets during transaction execution, offering functionalities The post Vitalk Buterin drafts EIP-7702 […]

  • US voters in swing states more likely to vote for crypto-friendly politicians – survey
    by Assad Jafri on May 7, 2024 at 7:13 pm

    A majority of registered voters in key US swing states have voiced dissatisfaction with the current financial system while also showing a significant interest in crypto, according to a comprehensive new survey published by the Blockchain Association on May 7. The study, conducted by Harris Poll, surveyed over 1,200 registered voters across Michigan, Nevada, Ohio, The post US voters in swing states more likely to vote for crypto-friendly […]

  • Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities
    by Oluwapelumi Adejumo on May 7, 2024 at 6:13 pm

    Coinbase chief legal officer Paul Grewal called on US SEC Chair Gary Gensler to stop misleading the market about the legal status of cryptocurrencies in a May 7 social media post. Grewal made the statement in response to Gensler’s recent CNBC interview with Andrew Sorkin, where he asserted that numerous digital assets fall under the The post Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities […]

  • Polkadot developer proposes inflation upgrade to enhance transparency
    by Oluwapelumi Adejumo on May 7, 2024 at 4:33 pm

    Polkadot developer Kian Paimani has proposed a flexible inflation upgrade for the network to address the issues tied to the blockchain’s inflation logic. According to the proposal’s GitHub document, the Polkadot relay chain’s current state presents various challenges, including high inflation rates. These stem from outdated infrastructure and parachain slots’ ineffective influence on inflation. Additionally, The post Polkadot developer […]

  • Bitcoin’s April plunge leads to $2.92 billion in spot outflows
    by James Van Straten on May 7, 2024 at 3:03 pm

    Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November 2022, when it dropped over 16%. CryptoSlate previously analyzed the factors contributing to the dip, finding that the conclusion of the US tax season, compounded by various economic factors, prompted the sell-off. However, Bitcoin rebounded The post Bitcoin’s April plunge leads to $2.92 billion in spot outflows […]

  • US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
    by Oluwapelumi Adejumo on May 7, 2024 at 1:32 pm

    CoinShares’ latest weekly report revealed that crypto-related investment products saw their fourth consecutive week of negative flows, dominated by the “measurable outflows from the newly issued ETFs in the US.” According to the report, the market saw an outflow totaling $251 million, with the Newborn Nine spot Bitcoin ETFs accounting for over 60%, or $156 The post US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive […]

  • As Marathon Digital joins S&P SmallCap 600, shares surge 18%
    by James Van Straten on May 7, 2024 at 12:15 pm

    Quick Take Marathon Digital Holdings Inc. (MARA), the largest Bitcoin mining company in terms of market cap, is set to join the S&P SmallCap 600 index, effective before the opening of trading on May 8. The news, announced on May 3, sent Marathon’s share price soaring 18% on May 6. Marathon will replace Aaon Inc. The post As Marathon Digital joins S&P SmallCap 600, shares surge 18% appeared first on CryptoSlate.

  • Binance CEO says Nigeria is detaining US exec as a control tactic, reveals bribe demands
    by Oluwapelumi Adejumo on May 7, 2024 at 11:30 am

    Binance CEO Richard Teng has called for the release of Tigran Gambaryan, the exchange’s detained executive in Nigeria. In an extensive May 7 blog post, Teng said Gambaryan’s detention was unjust and set a dangerous precedent. He said: “To invite a company’s mid-level employees for collaborative policy meetings, only to detain them, has set a The post Binance CEO says Nigeria is detaining US exec as a control tactic, reveals bribe […]