We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A coal mining company has revealed that it has been quietly mining Bitcoin for over three years. Alliance Resource Partners, listed on the NASDAQ stock exchange…
Month: April 2024
Raoul Pal Signals ‘Banana Zone’ Rally, Predicts Strong ‘Crypto Summer’ for Digital Assets
With cryptocurrency values on the decline and bitcoin down 13% from a month ago, British financial expert Raoul Pal predicts a rebound during the “Crypto Summer.” According to Pal, this rise will generate widespread excitement, and “everything will get caught up in euphoria.” British Financial Guru Spells Out Next Big Crypto Wave: ‘Full Mania’ Expected […] Source: https://news.bitcoin.com/raoul-pal-signals-banana-zone-rally-predicts-strong-crypto-summer-for-digital-assets/
Gensler Lied to Congress About Ethereum, Says Rep. McHenry
Chairman of the House Financial Services Committee Patrick McHenry (R-NC) waded into the escalating feud between financial regulators and the crypto industry on Tuesday, accusing SEC Chair Gary Gensler of having “misled Congress” regarding the agency’s stance on Ethereum. McHenry’s comments come following the revelation that the SEC has internally considered Ethereum (ETH) to be an unregistered security for over…
AnimeCoin Launches ‘Gacha Grab’ Game With Ethereum NFT Collection Azuki
After announcing the AnimeChain project in March, the AnimeCoin Foundation—the group behind the eponymous token—launched a web-based game called Gacha Grab on Monday. Like a virtual slot machine inspired by Japanese gachapon toy vending machines, “Gacha Grab” tasks players with spinning the dial to earn points and prizes, including one of eight digital Gachapons each with a different reward level.…
Bitcoin Hits Record 1.6M Confirmed Daily Transactions
On April 23, three days after the Bitcoin halving event, an impressive 1.6 million unique Bitcoin transactions were recorded, according to data from Blockchain.com and Glassnode. This notable increase in transactions indicates a growing interest in using Bitcoin for everyday transactions, expanding its conventional role beyond being merely a store of value. Bitcoin Runes Lead Daily Transactions According to Blockchain.com…
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom. Source: https://cointelegraph.com/news/bitcoin-s-euphoria-phase-cools-but-a-btc-bottom-could-be-near-glassnode
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million. Source: https://cointelegraph.com/news/terraform-labs-do-kwon-liabilities-court
MicroStrategy Shares Plummet 17% Amid Crypto Stock Selloff
Major U.S. crypto stocks, including bitcoin stockpiler MicroStrategy and leading exchange Coinbase, experienced significant losses in Tuesday’s trading session. MicroStrategy reported a 5% year-over-year decrease in first-quarter revenue, contributing to a sharp decline in its share price. MicroStrategy’s shares plummeted by as much as 17% on Tuesday following news of its missed earnings and the downturn in the price of…
Bitcoin Investor Roger Ver Arrested for Alleged Tax Fraud
Roger Ver, an early investor in Bitcoin, has been arrested and charged with mail fraud, tax evasion, and filing false tax returns. The U.S. Department of Justice announced the charges, revealing that Ver allegedly concealed Bitcoin ownership from the U.S. Internal Revenue Service (IRS), leading to an estimated loss of $48 million. The indictment, recently unsealed, outlines three charges against…
Coinbase Adds Lightning Network Support with Lightspark
Coinbase, the largest crypto exchange in the United States by trading volume, has initiated support for the Lightning Network starting today, marking a significant step towards enabling faster and more cost-effective bitcoin transactions for its users. The integration follows seven months after Coinbase confirmed its decision to incorporate the Lightning Network protocol, aligning with competitors like Bitfinex, Kraken, and Binance.…