Cryptocurrency
Cryptocurrency

Binance founder faces possible three-year jail term over wild west' business model

Cryptocurrency exchange founder faces sentencing for money laundering charges in the US. [ more ]

TechCrunch

Binance CEO 'CZ' sentenced to four months in prison | TechCrunch

Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for various violations including anti-money laundering and sanctions breaches. [ more ]

bitcoin

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Texas A&M Professor to Launch Bitcoin Research Institute

Bitcoin Research Institute to focus on Bitcoin and AI integration for future technological progress. [ more ]

Coindesk

Bitcoin Sinks Below $58K, Crypto Market Drops 9% in Run-Up to Fed Decision

Bitcoin falls below $58,000, recording worst month since November 2022 amidst broader crypto market decline. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Spot Bitcoin ETFs Commence Trading in Hong Kong

Hong Kong launched Spot Bitcoin ETFs, with lower-than-expected fees, positioning it as a leading Bitcoin investment hub. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Samourai Wallet: Breaking Down Dangerous Precedents

The indictment of Samourai Wallet founders could have far-reaching implications beyond Bitcoin privacy services. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki

Hoseki unveiled Hoseki Verified to enhance transparency and trust in the cryptocurrency industry through real-time verification of Bitcoin holdings by spot Bitcoin ETF issuers and other financial institutions. [ more ]

Coindesk

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Bitcoin lost over 16% in April, possibly signaling the start of a bear market. [ more ]

Coindesk

An ETH ETF Wouldn't Deliver Full-Returns to Investors

ETFs normalize crypto for traditional finance.

Staking rewards impact ETH ETF profitability. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Bitcoin Price Could Fall to $50,000: Standard Chartered

Bitcoin price could drop to $50,000, according to Standard Chartered.

Standard Chartered holds a bullish long-term outlook, predicting Bitcoin at $150,000 by 2024 and $250,000 by 2025. [ more ]

ReadWrite

Coinbase profits soar over $1 billion from a year amid Bitcoin ETF boom

Coinbase reported a $1.2 billion profit following a surge in cryptocurrency trading volumes due to the launch of Bitcoin ETFs. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Coinbase Integrates Bitcoin Lightning Network for US Exchange Users

Coinbase integrates Lightning Network for faster and cheaper BTC transactions in the US. [ more ]

Coindesk

Exploiter Steals $68M Worth of Crypto Through Address Poisoning

A user lost $68 million worth of wrapped bitcoin due to address poisoning. [ more ]

Coindesk

Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg

CF Benchmarks provides reference data for crypto ETFs, with significant AUM.

CF Benchmarks CEO predicts Hong Kong ETFs to reach $1 billion AUM by 2024. [ more ]

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bitcoin-mining

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

DEMAND Pool's CEO Says The Time To Decentralize Bitcoin Mining Is Now

Alejandro De La Torre founded DEMAND to decentralize Bitcoin mining, with concerns over centralization in the industry. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet

Alliance Resource Partners mines Bitcoin and holds 425 BTC on its balance sheet, generating a net profit of $7.3 million in Q1. [ more ]

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Coindesk

MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy Orange aims to provide decentralized identities using the Bitcoin blockchain for trustless and tamper-proof solutions. [ more ]

bitcoin-etfs

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

BlackRock: Sovereign Wealth, Pensions Evaluating Bitcoin ETF Allocations

Growing interest in Bitcoin ETFs from institutional players, despite short-term volatility. [ more ]

ReadWrite

US Bitcoin ETFs see record outflows after Fed announcement

Record outflow of over half a billion dollars from US Bitcoin ETFs following Fed interest rate decision impacting Bitcoin price. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings

BNP Paribas purchased exposure to Bitcoin via a spot ETF, indicating growing acceptance among traditional finance players. [ more ]

London Business News | Londonlovesbusiness.com

Percentage of Bitcoin supply backing ETF surges by 30% in the last 3 months post image

Bitcoin ETFs' Bitcoin supply backing has increased by 30% in the last three months. [ more ]

Coindesk

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

Australian Securities Exchange (ASX) expected to approve first spot bitcoin ETFs by end of 2024. [ more ]

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Coindesk

Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions

The Elliptic2 dataset is significantly larger than the previous dataset for detecting money laundering with bitcoin. [ more ]

Slate Magazine

The Crypto Bros Are Back-and They Have a Dangerous Political Goal

The cryptocurrency sector, despite recent setbacks, is regaining strength and forming political alliances to potentially become a significant force in the 2024 elections. [ more ]

Coindesk

Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

Block (SQ) initiated DCA program to increase bitcoin holdings by using 10% of monthly bitcoin-related gross profit until the end of 2024. [ more ]

Coindesk

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

US Senators Elizabeth Warren and Angus King express concerns about Iran's use of crypto mining to evade sanctions and fund its economy. [ more ]

TNW | Data-Security

New AI technique detects money laundering via cryptocurrencies

Blockchain analytics and AI are being utilized to detect and prevent money laundering in cryptocurrencies. [ more ]

bitcoin-price

ReadWrite

Bitcoin price falls to $57,000 as investors brace for Fed decision

Bitcoin price falls to $57,300, lowest since Feb, as demand decreases among long-term holders and whales, ahead of Fed announcement on interest rates. [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin price predictions: Will the current decline continue?

Bitcoin price hit a low at $57,405, facing decline due to fading Fed interest rate cut expectations and historical May trends. [ more ]

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Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

MicroStrategy introduced MicroStrategy Orange, a decentralized ID platform on the Bitcoin network, enabling organizations to build and manage identity applications. [ more ]

BKReader

Crypto exchange services are the main competitors of crypto exchanges

The choice of cryptocurrency exchange service depends on factors like rate, verification, and payment systems. [ more ]

Coindesk

Bitcoin 'Call Writing' Back in Vogue as Cash And Carry Strategy Loses Shine

Traders are again selling out-of-the-money bitcoin call options to generate yield, favoring this strategy over cash and carry arbitrage. [ more ]

London Business News | Londonlovesbusiness.com

Bitcoin below 57,000 with lackluster performance of spot ETFs amid weak market sentiment

Bitcoin hits two-month low at $56,500, leading to cryptocurrency market losses and liquidations of $500 million in long positions. [ more ]

London Business News | Londonlovesbusiness.com

BluestoneMining: Keeping crypto safe and growing revenues during the plunging Yen and falling Dollar

Japanese yen is reaching new lows against the dollar due to diverging monetary policies, potentially leading to damaging tariffs. [ more ]

TechCrunch

Alliance DAO is attracting more Asia founders amid US crypto crackdown | TechCrunch

Alliance DAO graduates reflect crypto trends. [ more ]

Coindesk

First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision

Bitcoin fell below $58,000, impacting the wider crypto market amidst economic uncertainty. [ more ]

Fast Company

TON crypto coin aims for 'super app' status

Investors are optimistic about the TON coin due to its integration with Telegram and the potential access to a large user base. [ more ]

Coindesk

Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report

Crypto firms are high-risk for money laundering, with increased scrutiny and supervision by the U.K. government. [ more ]

Coindesk

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Cryptocurrencies showed a decline in prices over the weekend despite the upcoming launch of Hong Kong-listed spot bitcoin and ether ETFs. [ more ]

www.coindesk.com

First Mover Americas: Bitcoin Hovers Around $59K to End Week

Bitcoin price approach $60,000 then dip, JPMorgan cautious on retail investors' impact, Coinbase sees impressive Q1 performance, and Friend.Tech token drops sharply. [ more ]

Coindesk

Bitcoin's Price Recovery Faces Nonfarm Payrolls Test

Bitcoin price stability post-Fed meeting hinges on U.S. nonfarm payrolls data. [ more ]

Cardplayer

Improving the Poker Experience: TEX Tokens and the Lighting Network

Integration of Bitcoin Lightning network into online gambling, such as Texas , enhancing gaming experience and transaction efficiency. [ more ]

The Art Newspaper - International art news and events

How 'more mature' collectors are powering the NFT market's comeback

Bitcoin and cryptocurrency market has rebounded despite previous dips and negative sentiments. [ more ]

blockchain

Coindesk

Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

The EU's upcoming election may bring new legislators focusing on crypto issues. [ more ]

Coindesk

The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done

EigenLayer released a 43-page whitepaper on their upcoming EIGEN token, focusing on intersubjective forking to address concerns and enable forking without affecting the main Ethereum blockchain. [ more ]

Coindesk

Indonesia's Election Results May Be Good for Crypto, Industry Watchers Say

The winners of Indonesia's presidential election may ensure consistency for crypto policy in the country. [ more ]

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ReadWrite

Approved spot Bitcoin ETFs could be coming to Australia's largest stock exchange

ASX might list spot Bitcoin ETFs by end of 2024. [ more ]

cryptocurrency-market

Coindesk

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Weak demand for Hong Kong ETFs impacts BTC and ETH prices. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Second of only Four Bitcoin "Epic Sats" Found by a Binance User

Epic Sats are rare, valuable satoshis from the first of each Bitcoin halving era, fetched high prices at auction, and are comparable to winning the lottery. [ more ]

Coindesk

morecryptocurrency-market

Ether Holds Up Despite Correction in CoinDesk 20: CoinDesk Indices Market Update

The CoinDesk 20 index fell by 6.8% in the last week, with all 20 assets in the index trading lower, influenced by the lackluster debut of spot bitcoin and ether ETFs in Hong Kong. [ more ]

Coindesk

Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update

The CoinDesk 20 includes assets gaining like Polkadot and Cosmos and falling like NEAR, DOGE, and BCH. CD20's monthly decline contrasts with its high one-year return. [ more ]

Coindesk

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears

Bitcoin and ether prices dip amidst U.S. stagflation fears. Potential for first spot Bitcoin ETF approval in Australia. Slowdown in Bitcoin ETF inflows is a short-term development. [ more ]

Coindesk

Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts

Coinbase had a blowout first quarter with net income of $1.2 billion driven by market conditions and diversification. [ more ]

etf

Coindesk

Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January

Grayscale Bitcoin Trust (GBTC) saw net inflows after months of outflows. [ more ]

Coindesk

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Bitcoin ETF slowdown is temporary, with high price expectations for 2025.

Bitcoin mining cycle remains healthy post-halving. [ more ]

moreetf

Coindesk

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight aims to create an SEC-supervised marketplace for tokenized real-world assets [ more ]

Coindesk

As Wasabi Wallet and Phoenix Leave the U.S., What's Next for Non-Custodial Crypto?

Uncertainty in U.S. regulations prompts crypto companies like Acinq and zkSNACKs to restrict access to wallets for U.S. users. [ more ]

Coindesk

Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC

Alliance Resources mined 425 BTC using excess power, valuing it at $30 million [ more ]

Coindesk

First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

Bitcoin fell below $62,000 during the European morning, with the broader digital asset market dropping around 2.7%. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

$1 Million Bitcoin Alpha Competition for Bitcoin 2024

Bitcoin Alpha Competition seeks top Bitcoin fund manager. [ more ]

London Business News | Londonlovesbusiness.com

Where to exchange privacy coins with no upper limits?

Cryptocurrency exchanges can offer the ability to trade anonymously and without limits, supporting a wide array of coins and altcoins. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

OP_CAT: The Purr-fect Solution for Covenants?

OP_CAT relates to Bitcoin Script limitations, hindering advanced smart contracts. [ more ]

Coindesk

U.S. Bitcoin ETFs Bleed Record $563M Even as Fed's Powell Rules Out Rate Hike

Investors withdrew a record $563 million from U.S.-based spot bitcoin ETFs following Powell's rejection of a rate hike. [ more ]

hong-kong

Coindesk

Hong Kong Bitcoin and Ether ETFs Have Soft Debut

Hong Kong's crypto ETFs had a soft debut with trading volume far below expectations. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

Hong Kong Bitcoin ETFs Record $8.5 Million in First Day Volume

Hong Kong approved Bitcoin spot ETFs with low initial trading volumes but potential for future growth. [ more ]

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Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

The Institutions Are Coming: The Dawn Of A New Era At This Year's MicroStrategy World - Bitcoin For Corporations Conference

The age of Bitcoin adoption by institutions is beginning, led by MicroStrategy's Michael Saylor. [ more ]

Coindesk

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market

Bitcoin and ether trade lower at the beginning of the week amidst mixed market signals and concerns about U.S. stagflation. [ more ]

Coindesk

Chart Veteran Who Predicted Bitcoin's 2018 Collapse Says the Bull Market May Be Over

Bitcoin veteran chart analyst Peter Brandt believes bitcoin's bull market may have reached its peak with the recent high of $73,835. [ more ]

Coindesk

Bitcoin's Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says

Bitcoin's recent pullback is below historical range, not indicative of sector-specific capitulation. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today.

BKReader

Diversifying Cryptocurrency Portfolios: Strategies For Investors

Diversification is crucial in cryptocurrency investing to mitigate risk and volatility.

Understanding how cryptocurrency works and the impact of volatility is essential for successful investing. [ more ]

Coindesk

MoonPay Users Can Now Buy Crypto Via PayPal

MoonPay users in the U.S. can now buy crypto seamlessly with PayPal. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

6 Reasons To Own Bitcoin In Retirement

Bitcoin can be a valuable addition to retirement portfolios due to its diversification benefits and emergence as a new asset class. [ more ]

Coindesk

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

Bitcoin could target $50K-$52K on the downside, Standard Chartered predicts. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

LIVE - MicroStrategy World: Bitcoin for Corporations Day 2

Microstrategy's annual Bitcoin for Corporations conference has kicked off its second day, featuring conversations with leading finance, regulatory and fintech professionals on the future of corporate Bitcoin adoption.

Coindesk

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

MicroStrategy reported a net operating loss due to a digital asset impairment charge in Q1 despite the significant increase in bitcoin's value. [ more ]

ReadWrite

4 hours ago

Dogecoin Maxi DonAlt Posts $1 Price Prediction - Risk On For Meme Coins?

DonAlt predicts Dogecoin at $1 amidst market fluctuations and positive meme coin performance. [ more ]

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights

WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference

MicroStrategy holds a significant amount of Bitcoin, emphasizing corporate adoption. The Bitcoin For Corporations conference aims to educate on Bitcoin as a treasury asset. [ more ]

Coindesk

First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout

Bitcoin stabilized around the $58,000 mark after the U.S. Federal Reserve kept the benchmark interest rate unchanged on Wednesday.

ReadWrite

Elon Musk's X platform 'end goal' could shake up crypto market

An executive at Elon Musk's social media company X has revealed the platform's payments "end goal" could play havoc with the Bitcoin price and wider crypto market.

Coindesk

Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says

Rootstock's new plan to bring programmability to Bitcoin could unfold over the next 12 months.

Coindesk

BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

Financial institutions are holding diligence and research conversations, with BlackRock playing an educational role, said Robert Mitchnick, the firm's head of digital assets.

Coindesk

South Africa's Election Won't Interfere With Crypto Policy: Industry Watchers

South Africa introduced a licensing regime for crypto and plans to issue 60 licenses soon, with the community confident that politics won't impede digital asset plans. [ more ]

ReadWrite