Bitcoin (BTC) has been struggling to regain its momentum as its price remains stuck below the $27,000 mark. This prolonged period of stagnation has prompted Michael J. Kramer, a renowned market strategist, to voice his apprehensions about an impending market breakdown for Bitcoin.  Taking to Twitter, Kramer shared his concerns, […]

An attacker who sparked community-wide panic by hijacking the Tornado Cash governance is now proposing to undo their hack — and while not everyone feels the hacker can be trusted, they apparently have little choice in the matter. On May 21, the passage of a malicious proposal allowed the attacker to gain complete […]

Ethereum price is facing a barrier near the $1,840 resistance against the US Dollar. ETH could attempt another upside break if it clears the $1,825 and $1,840 resistance levels. Ethereum is currently facing many barriers near the $1,840 resistance zone. The price is trading below $1,810 and the 100-hourly Simple […]

On May 20, Caitlin Long, the founder of Custodia Bank, retweeted and revived an intriguing question posed by Adam Back, CEO of Blockstream, on whether the number of the so-called Bitcoin “wholecoiners” has peaked. Is The Number Of Bitcoin Wholecoiners Peaking? Her question is when the number of wholecoiners, or […]

As budget negotiations in the US progress, President Joe Biden has made it clear that crypto can wait. On Sunday, the POTUS did not mince words when addressing budget negotiations during his speech at the G7 summit stating he will not protect wealthy tax cheats and crypto traders. According to […]

A CNBC report by MacKenzie Sigalos on May 20, 2023, revealed how financial deception involving cryptocurrency is taking new forms. During their divorce, a woman in New York named Sarita (a pseudonym) discovered her spouse’s concealed Bitcoin investment, amounting to $500,000. Despite her husband’s $3 million yearly income, Sarita noticed […]

Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the […]

Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country’s central bank to operate as a payment institution and electronic money issuer on May 19, according to local media reports. Brazil is among Binance’s top global markets, the exchange said in a previous […]

After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax to 0.5%.  Following the positive results, KuCoin declared increasing the LUNC network burn rate from 0.2% to the proposed 0.5%.  LUNC Network Burn Tax Spikes […]

According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin Ordinals reached 1,414 Bitcoin (BTC), or $38.2 million, on May 20, representing an increase of 700% from April 20 and 831% from April 1, respectively. An analysis shows that despite […]