Bitcoin soared past $64,000 on May 15, driven by reduced core inflation in the US. Market reactions were mixed, with cautious optimism from Chair Jerome Powell. Despite economic uncertainties, Bitcoin maintained strong momentum, reflecting its sensitivity to global indicators.
Huang BoBitcoin experienced fluctuations throughout the day, initially surging before declining during Jerome Powell's speech. However, it rebounded after news of Wisconsin's Bitcoin ETF investment. The release of crucial CPI data impacted both Bitcoin and the Dollar (DXY).
Xu LinThe emergence of crypto has brought about significant changes across multiple industries, including gambling. But with perks like anonymity, faster transactions, and the likes, will crypto trading become a gambling addiction instead?
KikyoRenewed investor confidence in Bitcoin amid inflation concerns, highlighted by a significant 70,000 BTC purchase after a 1 million BTC sell-off. BTC's fixed supply and stability above $60,000 reinforce its role as a hedge against inflation.
Xu LinPowell assures strong US economy and gradual inflation control, impacting Bitcoin briefly. Investors remain vigilant.
EdmundPoloniex hack: Attacker moves $53.5 million ETH through Tornado Cash. Funds remain untraceable. TRON founder pledges compensation. Recovery efforts ongoing amid challenges.
Xu LinOKX expands into Australia, offering spot and derivatives trading. Focus on compliance and transparency aligns with global strategy. Direct AUD trading available, plans to broaden token offerings. Australian market shows growing crypto interest. Regulatory scrutiny increases amid efforts to combat tax evasion. ASX considering Bitcoin ETF approval, potentially boosting crypto adoption further.
Huang BoAnalysts warn of challenges for Ethereum if SEC rejects spot ETH ETFs by May-end. Focus on upcoming decisions for VanEck and Hashdex ETFs. Concerns over ETHBTC ratio decline post-rejection. Inflationary worries persist amid Dencun upgrade. Competition from Solana noted. Uncertain impact on BTC and SOL markets.
EdmundCoinshares' weekly report: $130M inflow in crypto products, US sees $135M inflow, Grayscale lowest outflow since Jan. Bitcoin gains $144M, Ethereum outflows due to ETF speculation. Altcoins mixed: Solana $5.9M inflow, Ethereum outflows. Regional trends: US $135M inflow, Germany $14.9M outflow.
EdmundMark Cuban defends cryptocurrencies, highlighting their utility beyond speculation and addressing criticisms from James Love. He emphasizes benefits like low-cost transfers, collateralized loans, tokenization of assets, and blames institutional failures for market incidents. Cuban advocates for legal clarity and aligns with political circles supporting crypto innovation.
EdmundQuanta Services (NYSE: PWR) reports record Q4 revenue of $5.78B, exceeding expectations. Strong profit growth with GAAP EPS of $1.42 and adjusted EPS of $2.04. Optimistic 2024 outlook anticipates revenues of $22.25-22.75B, showcasing solid growth prospects.
Huang BoThe hyper-politicization of CBDCs in the U.S. reflects broader concerns about privacy and government overreach. While the debate may not sway a large voter base, it highlights the intersection of technology, politics, and finance in the evolving landscape of digital currencies. As the U.S. explores CBDCs, the global impact and the delicate balance between privacy and innovation remain key considerations.
Cheng YuanThe new additions are expected to allow banks to configure the Fireblocks platform to their existing IT infrastructure and security policies.
cryptopotatoFSB has released a crypto regulation framework calling for the enactment of laws that equate to the risks posed by the sector.
Finbold
BeincryptoLiving in the metaverse means more than investing in it. It means having a place to call home.
Cointelegraph
NulltxDigital art gallery DeviantArt will provide Web3 users with an extra layer of security. The platform announced a “groundbreaking communication ...
BitcoinistCointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday holders.
CointelegraphThe AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases.
Cointelegraph