Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. Source: https://cointelegraph.com/news/central-banks-revise-business-model-embrace-cbdc-ecb-member
Month: May 2024
Crypto firms to see more enforcement actions within 2 years — CFTC chair
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation. Source: https://cointelegraph.com/news/regulatory-enforcement-actions-cftc-chair
Long-Term Bitcoin Investors Have Returned To HODLing: Report
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 Bitcoin’s sell pressure has waned dramatically compared to two months ago, with more long-term investors holding onto their BTC longer, according to crypto analytics firm Glassnode.…
Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days. Source: https://cointelegraph.com/news/price-analysis-5-6-spx-dxy-btc-eth-bnb-sol-xrp-ton-doge-ada
Bitcoin ETFs Are Back? $378 Million In Gains Marks Best Day In Over a Month
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 After a depressing few weeks of outflows, the tide may be turning for Bitcoin exchange-traded funds (ETFs): On Friday, every single one of the relatively young…
Ethereum L2 EigenLayer is last of ‘life-changing airdrops,' experts say
Issues such as community discontent, farm accounts, and restrictive criteria have plagued recent airdrops. Source: https://cointelegraph.com/news/ethereum-l2-eigenlayer-last-life-changing-airdrops-experts-say
Top AI Crypto Assets Rebound Despite Recent Month-Long Decline
According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […] Source: https://news.bitcoin.com/top-ai-crypto-assets-rebound-despite-recent-month-long-decline/
Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license. Source: https://cointelegraph.com/news/binance-ceo-cz-sentenced-money-laundering-law-decoded
Solana’s Dogwifhat Pumps as Bonk, Dogecoin and Other Meme Coins Lose Ground
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 Bitcoin is trading at $63,330, representing a -1.5% dip in the last 24 hours as it recovers from a dip last week. The rest of the…
Ethereum Stablecoin Volume Skyrockets in April, Fueled by DAI
April witnessed a monumental surge in the total volume of stablecoins traded on Ethereum, with DAI emerging as the dominant contributor to this unprecedented growth. The rise in DAI volume can be attributed to its increasing involvement in complex Miner Extractable Value (MEV) transactions, often facilitated by flash loans. Record-Breaking Month After several months of stagnant activity, Ethereum’s total monthly…