Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher. Source: https://cointelegraph.com/news/bitcoin-bulls-take-charge-as-sol-ar-grt-and-ftm-flash-bullish-signs
Author: Crypto Superhero
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric system. Venezuelan Authorities Seize and Disconnect Over 11,000 Bitcoin Miners Amidst Energy […] Source: https://news.bitcoin.com/venezuelan-authorities-announce-bitcoin-mining-ban-confiscate-over-11000-miners-to-face-the-nations-energy-crisis/
Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched
As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible assets. 18,741 of Mike Caldwell’s Casascius Coins Still Remain Unpeeled In the early days, Mike Caldwell […] Source: https://news.bitcoin.com/over-23m-in-casascius-bitcoins-redeemed-in-2024-leaving-2-7b-untouched/
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant has noted that the bull run is at […] Source: https://news.bitcoin.com/cryptoquant-ceo-predicts-bull-run-midpoint-as-bitcoin-recovers/
OpenAI leadership responds to former employee safety allegations
The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management. Source: https://cointelegraph.com/news/open-ai-artificial-intelligence-sam-altman-employee-safety-allegations
This Week on Crypto Twitter: Roaring Kitty Returns, Pump.fun Attacker Bares All
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 This week on Crypto Twitter was chock-full of personalities stealing the show—some for positive reasons, others for… darker ones. Last Sunday, a years-dormant Twitter account belonging…
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s Pre-Existing Fund, Blackrock’s IBIT Leads New […] Source: https://news.bitcoin.com/10-us-spot-bitcoin-etfs-absorbed-548556-btc-worth-36-billion-in-128-days/
Tornado Cash verdict has chilling implications for crypto industry
The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain. Source: https://cointelegraph.com/news/tornado-cash-verdict-crypto-industry
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware requirements, and staking dynamics. Ethereum Co-Founder Proposes Enhancements to Boost Ethereum’s Decentralization Vitalik Buterin, Ethereum co-founder, recently shared his vision for the future of Ethereum’s […] Source: https://news.bitcoin.com/vitalik-buterin-outlines-improvements-for-ethereums-decentralized-future/
This Week in Crypto Games: Notcoin Token Launches, GameStop Mania, and NYAN Incoming
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…