• US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
    by Tanzeel Akhtar on May 14, 2024 at 4:15 am

    President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns. The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base appeared first on Cryptonews.

  • South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds
    by Tim Alper on May 14, 2024 at 3:00 am

    South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills. The post South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXScreener – SOLBET, KITTY, AMC
    by Joel Frank on May 14, 2024 at 2:30 am

    With major cryptocurrencies seeing tentative gains at the start of the week, with Bitcoin (BTC) rising 2.5% to $63,000 as Ether (ETH) struggled but failed to rise above $3,000, the top crypto gainers today were all to be found in the on-chain token markets. The post Top Crypto Gainers Today on DEXScreener – SOLBET, KITTY, AMC appeared first on Cryptonews.

  • Dogecoin Investors Shift to New GambleFi ICO, Chasing Potential 895% Returns
    by Joel Frank on May 14, 2024 at 1:51 am

    The Dogecoin bulls were in charge on Monday amid a surge in meme coin risk taking in wake of Roaring Kitty’s return to social media, but investors are nonetheless shifting funds to a new GambleFi ICO called Mega Dice as they hunt for 10x or 895% gains. The post Dogecoin Investors Shift to New GambleFi ICO, Chasing Potential 895% Returns appeared first on Cryptonews.

  • Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT
    by Hassan Shittu on May 13, 2024 at 10:38 pm

    Rain cryptocurrency exchange experienced a potential exploit on April 29, resulting in the transfer of approximately $14.1 million worth of various cryptocurrencies to a new wallet under suspicious circumstances. The post Rain Exchange Likely Exploited of $14.1 Million in Crypto 2 weeks ago: ZachXBT appeared first on Cryptonews.

  • Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software
    by Andrew Throuvalas on May 13, 2024 at 10:22 pm

    Senators Cynthia Lummis and Ron Wyden want the DOJ to reverse course on its new legal interpretation that threatens Bitcoin privacy tools. The post Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software appeared first on Cryptonews.

  • Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales Buying the Dip?
    by Joel Frank on May 13, 2024 at 9:34 pm

    The Solana (SOL) price has jumped back up to test $150 from earlier session lows under $140 amid a surge in trading volumes, as traders await a barrage of upcoming US economic data releases later in the week. The post Solana Price Prediction as SOL Trading Volume Soars to $2.5 Billion – Are Whales Buying the Dip? appeared first on Cryptonews.

  • Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe
    by Joel Frank on May 13, 2024 at 9:08 pm

    As cryptocurrency markets rebound ahead of a week packed with important US economic data releases, various meme coins are leading the pack, and might be the best crypto to buy now. The post Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe appeared first on Cryptonews.

  • GameStop Icon “Roaring Kitty” Posts For the First Time Since 2021 – Are These 5 Meme Coins the Next GME Stock?
    by Joel Frank on May 13, 2024 at 8:15 pm

    Iconic retail stock trader/investor “Roaring Kitty”, who rose to fame during the 2021 meme stock surge, just posted on X for the first time since 2021, igniting a surge in excitement that a new meme stock/meme coin trading season could be inbound, and with traders feverishly hunting for meme coins that could be the next GME stock. The post GameStop Icon “Roaring Kitty” Posts For the First Time Since 2021 – Are These 5 Meme Coins the […]

  • Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
    by Julia Smith on May 13, 2024 at 7:46 pm

    Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy’s ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month’s halving event. The post Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit appeared first on Cryptonews.

  • Report Reveals Chinese Workers Converting Earned CBDC To Cash
    by Jimmy Aki on May 13, 2024 at 6:12 pm

    Workers in China are not very enthusiastic about the digital money issued by the nation’s central bank (CBDC). According to a research published on May 13, several employees who receive their pay in digital yuan (e-CNY) quickly turned the asset into fiat money. The post Report Reveals Chinese Workers Converting Earned CBDC To Cash appeared first on Cryptonews.

  • Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why
    by Jimmy Aki on May 13, 2024 at 5:29 pm

    Uniswap founder Hayden Adams believes that President Joe Biden’s strict crypto regulations may make his reelection campaign vulnerable. Adams forewarned the administration on May 13 about the possible repercussions at the polls in November. The post Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why appeared first on Cryptonews.

  • Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows
    by Andrew Throuvalas on May 13, 2024 at 5:14 pm

    As analysts predicted, less efficient Bitcoin miners are powering off under tighter post-halving profit margins. The post Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows appeared first on Cryptonews.

  • Roaring Kitty Returns: Solana Meme Coin Skyrockets, Another Dog-Coin Primed to Explode Next?
    by Sam Cooling on May 13, 2024 at 4:48 pm

    Roaring Kitty, the Solana meme coin with the pseudonym of the trader who gained fame for his role in the GameStop short squeeze of 2021, is back, and so is the rise in GME’s stock price. As if revisiting the start of 2021, markets have turned bullish with the return of this retail investor icon. The post Roaring Kitty Returns: Solana Meme Coin Skyrockets, Another Dog-Coin Primed to Explode Next? appeared first on Cryptonews.

  • MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
    by Julia Smith on May 13, 2024 at 3:57 pm

    MoonPay is donating $1 million to digital advocacy group Stand With Crypto ahead of the 2024 elections, the company confirmed to Crypto News Monday. The crypto payment service provider’s donation comes on the heels of news that Stand With Crypto has launched a PAC to dunk pro-crypto candidates running for office this November. The post MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections appeared first on Cryptonews.

  • Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink
    by Sead Fadilpašić on May 13, 2024 at 3:41 pm

    This week read about: Meme Coin News: Market Highlights Base Chain Rising as Home for Meme Coins BRETT at the Top Among Base Meme Coins BONK Enables Email Login, Launches E-cards The post Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink appeared first on Cryptonews.

  • Solana’s SEALANA Meme Coin Presale Gobbles Up $500,000
    by Tim Hakki on May 13, 2024 at 3:32 pm

    Monday, May 13, 2024 – He may not have left his bedroom since the dawn of Solana, but the brand new ICO for Sealana ($SEAL), the all-American redneck seal, has raised $500,000 in investments in its first fortnight. Although it was birthed on the Solana blockchain, Sealana is technically a multichain token. The Buy widget The post Solana’s SEALANA Meme Coin Presale Gobbles Up $500,000 appeared first on Cryptonews.

  • Pepe Rally: PEPE Price Climbs as Solana’s WienerAI Meme Coin Reaches $1.5 Million
    by Tim Hakki on May 13, 2024 at 2:34 pm

    Popular meme coin Pepe Coin ($PEPE) has risen 2% in the last 24 hours as it continues outpacing all other leading meme coins in gains over the last fortnight. At today’s price of $0.058771, PEPE is 26% pricier than it was two Mondays ago. That makes it the top-performing meme coin over the period in The post Pepe Rally: PEPE Price Climbs as Solana’s WienerAI Meme Coin Reaches $1.5 Million appeared first on Cryptonews.

  • Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East
    by Hassan Shittu on May 13, 2024 at 2:13 pm

    Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi. The post Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East appeared first on Cryptonews.

  • El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
    by Hassan Shittu on May 13, 2024 at 2:07 pm

    El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking its Bitcoin Treasury. The post El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves appeared first on Cryptonews.

  • WHO Makes Key Concessions Ahead Of Pandemic Treaty Vote
    by Tyler Durden on May 14, 2024 at 3:40 am

    WHO Makes Key Concessions Ahead Of Pandemic Treaty Vote Authored by Kevin Stocklin via The Epoch Times (emphasis ours), The World Health Organization (WHO) has watered down some provisions of its pandemic agreements ahead of the upcoming World Health Assembly on May 27. Critics in the United States, however, say the changes don’t do enough to address the concerns over the policy. Provisions in prior drafts of the WHO pandemic […]

  • South Korea Still Dominates The World With The Highest Density Of Robot Workers
    by Tyler Durden on May 14, 2024 at 3:20 am

    South Korea Still Dominates The World With The Highest Density Of Robot Workers China’s huge investment in industrial robotics has made it one of the most automated nations on the planet in the space of just a few short years. As Statista’s Anna Fleck reports, according to the latest study by the International Federation of Robotics (IFR), the number of operational robots in China’s manufacturing industry reached a ratio of 392 […]

  • The Masked And The Super Masked
    by Tyler Durden on May 14, 2024 at 3:00 am

    The Masked And The Super Masked Authored by Roger L. Simon via The Epoch Times (emphasis ours), We live in an era of masks, only not the fun kind you might find at Carnivale in Venice, Italy. A pro-Palestinian protestor wears a keffiyeh on the West Lawn of Columbia University, in New York, on April 29, 2024. (Timothy A. Clary/AFP via Getty Images) Something considerably more sinister is going on. This era began, as almost all of […]

  • Which Countries Have The Highest Infant Mortality Rates?
    by Tyler Durden on May 14, 2024 at 2:40 am

    Which Countries Have The Highest Infant Mortality Rates? Infant mortality rates are generally regarded as the barometer of an overall population’s health. A higher rate indicates unmet needs of a population, especially with regards to food availability and sanitation. Visual Capitalist’s Pallavi Rao visualized the top 15 countries with the highest infant mortality rates, according to 2023 estimates from the CIA World Factbook. […]

  • Go Nuts About Nuts To Help Keep Cancer At Bay
    by Tyler Durden on May 14, 2024 at 2:20 am

    Go Nuts About Nuts To Help Keep Cancer At Bay Authored by Alexandra Roach via The Epoch Times (emphasis ours), In their many variations, nuts are a superfood praised as rich sources of minerals, vitamins, amino acids, proteins, and other bioactive compounds. (Pavel Kalenik/Unsplash) Chestnuts are champions for vitamin C, for instance. Pistachios contain the most vitamin A and potassium. Both are high in folic acid. Cashews enrich […]

  • Services No Longer Required: Which Jobs Are Most At Risk?
    by Tyler Durden on May 14, 2024 at 2:00 am

    Services No Longer Required: Which Jobs Are Most At Risk? Long before the emergence of ChatGPT and other AI tools threatening to take over our jobs, technological advancements have altered the way people work, making some occupations disappear, while others emerged. Did you know, for example, that people used to work as living alarm clocks before actual alarm clocks became a thing? “Knocker uppers”, as they were called, would […]

  • Oil – A Global Tax
    by Tyler Durden on May 14, 2024 at 1:40 am

    Oil – A Global Tax Authored by Robert Burrows via BondVigilantes.com, Few commodities wield as much influence in the intricate web of global economics as oil. Oil is pivotal in driving economic growth and development as the primary energy source for transportation, manufacturing, and countless other sectors. However, beneath its surface lies a hidden truth: oil can act as a tax on growth, imposing significant costs on economies […]

  • How Americans Feel About Federal Government Agencies
    by Tyler Durden on May 14, 2024 at 1:20 am

    How Americans Feel About Federal Government Agencies Come election time, America won’t hesitate to show its approval or disapproval of the country’s elected political representatives. That said, feelings about the federal bureaucracy and its associated agencies are a little harder to gauge. Visual Capitalist’s Pallavi Rao charts the results from an opinion poll conducted by Pew Research Center between March 13-19, 2023. In […]

  • Pressure On China Heightens As Capital Outflow Chokes Liquidity
    by Tyler Durden on May 14, 2024 at 1:00 am

    Pressure On China Heightens As Capital Outflow Chokes Liquidity Authored by Simon Black, Bloomberg macro strategist, The latest money data from China shows its capital-outflow problem is worsening, pressuring policymakers to allow a further weakening in the currency. China released money and inflation data over the weekend. CPI and PPI were not great reading, but money supply data was even more downbeat: M2’s growth […]

  • UN Unleashes Controversy, Accusations Of Deception, Over ‘Revised’ Gaza Casualty Data
    by Tyler Durden on May 14, 2024 at 12:40 am

    UN Unleashes Controversy, Accusations Of Deception, Over ‘Revised’ Gaza Casualty Data Since the start of the brutal Gaza conflict in the wake of Oct.7, a public ‘info-war’ has raged over the numbers of wartime casualties, especially on the Palestinian side. Something similar happened in the Syrian war, as well as in the ongoing Russia-Ukraine war: either side’s true casualties became a matter of tightly guarded internal secrets on […]

  • Man Who Attacked Times Square Police Officers With Machete Sentenced To 27 Years
    by Tyler Durden on May 14, 2024 at 12:20 am

    Man Who Attacked Times Square Police Officers With Machete Sentenced To 27 Years Authored by Ryan Morgan via The Epoch Times (emphasis ours), A federal judge has handed down a 27-year prison sentence to the suspect who pleaded guilty to attacking a trio of New York Police Department (NYPD) officers in Times Square on New Year’s Eve 2022 in the name of radical Islamic extremism. A file photograph of a judge’s gavel. (Joe […]

  • “Combat Illegal Corporate Behavior” – Dem Lawmakers Urge Biden To Use Executive Action Against High Food Prices 
    by Tyler Durden on May 14, 2024 at 12:00 am

    “Combat Illegal Corporate Behavior” – Dem Lawmakers Urge Biden To Use Executive Action Against High Food Prices  Greedflation is a myth, and Democrats are well aware of this. However, they will never acknowledge that corporate greed isn’t the root cause of inflation, as greed tends to be constant in the economy. What changed is the overstimulation of the economy through failed Bidenomics, which involves spending $1 trillion […]

  • ‘I Gave Up Shame Years Ago’: Clinton Denounces Trump For Doing What She Did In 2016
    by Tyler Durden on May 13, 2024 at 11:40 pm

    ‘I Gave Up Shame Years Ago’: Clinton Denounces Trump For Doing What She Did In 2016 Authored by Jonathan Turley, “I gave up shame years ago.” Those words from actor John Lithgow appear to have been taken to heart by Hillary Clinton who has severed any sense of self-awareness or shame in her public comments. Lithgow, who played Bill Clinton in Broadway production of Hillary and Clinton, appears to have inspired the subject of […]

  • Pro-Israel PAC Guns For Massie – Did Speaker Johnson Encourage Attack?
    by Tyler Durden on May 13, 2024 at 11:20 pm

    Pro-Israel PAC Guns For Massie – Did Speaker Johnson Encourage Attack? A prominent pro-Israel super PAC is gunning for Republican Congressman Thomas Massie, in retribution for his many recent votes against bills that advance Israel’s agenda in Washington. The group may have had some high-placed encouragement: Massie says House Speaker Mike Johnson recently threatened to sic the Israel lobby on Republicans who didn’t toe the […]

  • Will The Fed Lose Control?
    by Tyler Durden on May 13, 2024 at 11:00 pm

    Will The Fed Lose Control? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly, Congress was too preoccupied spending billions more on military aid for foreign countries and banning […]

  • “Sand Volcano” Emerges In Central Florida
    by Tyler Durden on May 13, 2024 at 10:40 pm

    “Sand Volcano” Emerges In Central Florida Devo Seereeram, a Consulting Geotechnical Engineer and the owner of Devo Engineering has deemed the anomaly that has emerged in Central Florida to be a “sand volcano”.  The issue surfaced at a 300-million-gallon wastewater reservoir located west of State Road 429 in Apopka, near Golden Gem Road. This facility holds water intended for irrigating Apopka, Altamonte Springs, and nearby […]

  • Leftists Triggered By Trump Policy To Potentially Execute Child Sex-Traffickers
    by Tyler Durden on May 13, 2024 at 10:20 pm

    Leftists Triggered By Trump Policy To Potentially Execute Child Sex-Traffickers Authored by Steve Watson via Modernity.news, Leftist outlet The Huffington Post is upset that Donald Trump has suggested that the death penalty should be extended to drug kingpins and child sex traffickers. In an article headlined “There’s A GOP Plan For An Execution Spree If Trump Wins The White House,” the outlet points to remarks Trump […]

  • Fast Casual Dining Foot Traffic “Plummets” Across New York-New Jersey As Consumer Cracks 
    by Tyler Durden on May 13, 2024 at 10:00 pm

    Fast Casual Dining Foot Traffic “Plummets” Across New York-New Jersey As Consumer Cracks  The cost-of-living squeeze is crushing low-income consumers, so much that Goldman’s top consumer trader, Scott Feiler, recently pointed out that his desk is “getting bearish on consumer and our soft landing basket.” Days ago, Goldman analysts led by Bonnie Herzog provided clients with a fascinating list of corporate America’s warnings […]

  • Mayor Johnson Deepens Concerns About What Side He Will Be On If DNC Protesters Become Lawbreakers And Challenge Cops
    by Tyler Durden on May 13, 2024 at 9:40 pm

    Mayor Johnson Deepens Concerns About What Side He Will Be On If DNC Protesters Become Lawbreakers And Challenge Cops By Mark Glennon of Wirepoints Whose side will Chicago Mayor Brandon Johnson be on if protesters become lawbreakers at the August Democratic National Convention in Chicago, and how will he direct police to respond? Concerns that Johnson will side with lawbreakers already are common, and Johnson’s  interview […]

  • Trump Tells Massive Crowd: “Day One” Executive Order Will Target Offshore Wind To Save Whales
    by Tyler Durden on May 13, 2024 at 9:20 pm

    Trump Tells Massive Crowd: “Day One” Executive Order Will Target Offshore Wind To Save Whales Former President Trump revealed at a large rally on Saturday evening in Wildwood, New Jersey, that if re-elected, he would sign an executive order on his first day in office to address offshore wind development along the East Coast.  Trump told a crowd of thousands that windmills are killing whales and fish. He pointed out that only a […]

  • Squeezed For Decades, America’s Working Class Is Finally Up Against The Wall
    by Tyler Durden on May 13, 2024 at 9:00 pm

    Squeezed For Decades, America’s Working Class Is Finally Up Against The Wall Authored by Charles Hugh Smith via OfTwoMinds blog, The net result is America’s working class is up against the wall, maxed out. Let’s start by defining the working class in a meaningful way rather than by tossing around meaningless income metrics which implicitly suggest that exceeding some semi-arbitrary income bracket will magically lift a working […]

  • China’s Broadest Credit Metric Just Turned Negative For The First Time Since 2005
    by Tyler Durden on May 13, 2024 at 8:40 pm

    China’s Broadest Credit Metric Just Turned Negative For The First Time Since 2005 China has lots of economic problems (even if the market has been surprisingly generous in the past 4 months and allowed Chinese stocks to surge despite any actual economic rebound or recovery), but this is a new one. It is hardly a secret that for much of the past 15 years, and certainly in the aftermath of the Lehman collapse, it was China’s […]

  • “If Mr. Trump Is Hitler, Think Of Newsom As Godzilla With Hair Gel…”
    by Tyler Durden on May 13, 2024 at 8:20 pm

    “If Mr. Trump Is Hitler, Think Of Newsom As Godzilla With Hair Gel…” Authored by James Howard Kunstler via Kunstler.com, Monster Mash-Up “My take is that the US is incredibly unstable right now, and could go in almost any imaginable direction between now and the election, as well as some unimaginable ones.” – John Michael Greer Did you notice that it took just a little bit of internal chaos to alert the Party of Chaos […]

  • Hedge Funds Hammered As ‘Roaring Kitty’ Returns; Bitcoin & Black Gold Bid
    by Tyler Durden on May 13, 2024 at 8:00 pm

    Hedge Funds Hammered As ‘Roaring Kitty’ Returns; Bitcoin & Black Gold Bid The return of ‘Roaring Kitty’ sent GME soaring higher (up 110% at its highs)… Source: Bloomberg …and prompted squeezes/panic-covering across the ‘most shorted’ names and ‘retail favorites (memes)’ soared… Source: Bloomberg As John Flood noted from Goldman’s trading desk: “GS Most Short Rolling basket in focus having a top 5 move over the past […]

  • Turkey Treating Over 1,000 Wounded Hamas Members In Hospitals: Erdogan
    by Tyler Durden on May 13, 2024 at 7:45 pm

    Turkey Treating Over 1,000 Wounded Hamas Members In Hospitals: Erdogan The NATO country with the second largest military in the alliance has just admitted to aiding and abetting a US-designated terror organization. Turkish President Recep Tayyip Erdogan in surprisingly frank statements acknowledged that Turkey is currently treating over 1,000 Hamas members in various hospitals across the country. In the remarks he stressed that […]

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  • Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion
    by Mike Dalton on May 14, 2024 at 12:28 am

    Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5, above The post Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion […]

  • OpenAI introduces GPT-4o model, promising real-time conversation
    by Mike Dalton on May 13, 2024 at 11:04 pm

    OpenAI announced a new model, GPT-4o, which will soon allow real-time conversation with an AI assistant. In a May 13 demo, OpenAI members showed that the model can provide breathing feedback, tell a story, and help solve a math problem, among other applications. Head of Frontiers Research Mark Chen noted that, although users could previously The post OpenAI introduces GPT-4o model, promising real-time conversation appeared first on CryptoSlate.

  • Uniswap founder says Biden’s indifference toward crypto could cost him elections
    by Assad Jafri on May 13, 2024 at 10:01 pm

    Uniswap founder Hayden Adams criticized President Joe Biden’s approach to crypto regulation and said his administration’s perceived indifference to crypto could be a significant miscalculation in the 2024 election. Adams warned in a May 13 post on social media that the administration is ignoring a key issue for many Americans and compared the decision to The post Uniswap founder says Biden’s indifference toward crypto could cost him […]

  • Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments
    by Mike Dalton on May 13, 2024 at 8:23 pm

    Vanguard and BlackRock have increased their stakes in MicroStrategy holdings (MSTR) on May 10. Vanguard holds 1.6 million shares of MSTR worth $2.6 billion as of the end of the first quarter, up from 1.2 million shares worth $727.6 million at the end of December 2023. BlackRock now holds 1.2 million shares worth $2.1 billion, The post Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments appeared […]

  • Hong Kong Bitcoin and Ethereum ETFs face record single-day outflows
    by James Van Straten on May 13, 2024 at 7:36 pm

    Quick Take According to Farside data, the Hong Kong (HK) Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) experienced the largest single-day outflow since launch. BTC ETFs Farside data reports that the BTC ETFs witnessed a staggering $25.3 million in combined outflows on May 13, marking the largest single-day outflow since their launch. AMCi saw The post Hong Kong Bitcoin and Ethereum ETFs face record single-day outflows appeared […]

  • US senators challenge DOJ’s broad definition of crypto money transmitters
    by Oluwapelumi Adejumo on May 13, 2024 at 7:00 pm

    Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. According to the lawmakers: “The DOJ’s unprecedented The post US senators challenge DOJ’s broad […]

  • Crypto investment products see first inflow in weeks despite subdued trading volumes
    by Oluwapelumi Adejumo on May 13, 2024 at 6:13 pm

    Crypto-related investment products recorded their first inflow in over a month, totaling $130 million during the past week, according to CoinShares’ latest weekly report. The inflows mark a notable shift in investor sentiment after weeks of negative flows across the crypto market. However, the inflow did not improve investors’ participation in the asset class as The post Crypto investment products see first inflow in weeks despite subdued […]

  • Layer 1, 2, 3, parachain, sidechain – What’s the difference?
    by Liam ‘Akiba’ Wright on May 13, 2024 at 5:25 pm

    The emergence of various blockchain scaling solutions has sparked discussions about the differences and roles of Layer 1, Layer 2, Layer 3, parachains, and sidechains in the evolving crypto ecosystem. Understanding these concepts is crucial for developers, investors, and users navigating the complex landscape of blockchain technologies – but it’s not always very clear which The post Layer 1, 2, 3, parachain, sidechain – What’s the […]

  • New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities
    by Oluwapelumi Adejumo on May 13, 2024 at 4:45 pm

    New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post. The SEC approved trading spot Bitcoin ETFs on US exchanges in January. Since then, the products have generated huge interest, with major financial institutions like JPMorgan The post New Hampshire representative proposes Bitcoin ETF investment to […]

  • DeFi landscape shifts as Solana dethrones Ethereum in trading volume
    by Andjela Radmilac on May 13, 2024 at 4:00 pm

    Identifying trends in DeFi requires analyzing activity on decentralized exchanges (DEXs). These DEXs are the cornerstone of the DeFi market, at the center of DeFi activity, and the main driving force of the sector. To understand what drives DeFi, we need to look at the volume, trader activity, and variety of trading pairs on DEXs. The post DeFi landscape shifts as Solana dethrones Ethereum in trading volume appeared first on CryptoSlate.