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Source: Bitcoinist.com

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Fear Back For 1st Time Since October As Crypto Greed Takes The Backseat
The luster appears to have faded from Bitcoin’s crown. After a stellar run culminating in a record-breaking price in late March, the world’s leading cryptocurrency has experienced a sharp correction, plunging investor sentiment into the abyss. This sudden shift can… Read full article
3h ago
1ST
Bitcoinist.com
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Jack Dorsey’s Block To Invest 10% Of Bitcoin Profits Into Monthly BTC Buys
Jack Dorsey’s financial services and digital payments company, Block Inc., announced it will begin investing 10% of its monthly Bitcoin-related gross profits into BTC purchases. This announcement was made following the release of Block’s first-quarter earnings for 2024, which demonstrated… Read full article
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Will SocialFi Fizzle? Dogecoin Founder Sounds The Alarm
Social media, once a platform for cat videos and vacation photos, is undergoing a potential revolution with the rise of SocialFi. This burgeoning trend promises to merge the familiar world of social networking with the decentralized power of cryptocurrency.
But… Read full article
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Crypto Mining Restrictions: Arkansas Lawmakers Approve New Bills To Regulate Sector
Over the last couple of years, the US government has tried to tighten its grip on different sectors of the crypto industry. As a result, these efforts have received significant backlash from politicians and central figures within the crypto space.… Read full article
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MoonPay Expands Crypto Purchasing Options For US Users With PayPal Integration
In a significant development, MoonPay, a crypto payment platform, has announced that users in the United States can now easily buy and sell over 110 cryptocurrencies using PayPal. 
The integration, unveiled Thursday, simplifies transactions for new MoonPay users who already… Read full article
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JPMorgan Waves Red Flag: Urges Caution As Crypto Market Teeters on Edge
In recent evaluations by JPMorgan analysts, cryptocurrencies’ future appears to be uncertain. Despite the sector’s rapid expansion and increasing mainstream acceptance, the financial giant advises a cautious approach in the short term.
This conservative stance stems from “diminishing retail interest”… Read full article
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Massive $43M Crypto Ponzi Scheme Uncovered In New York, Leading To Wire Fraud Arrest
United States Attorney Damian Williams and FBI Assistant Director James Smith announced the unsealing of an indictment charging Idin Dalpour with wire fraud concerning a multi-year crypto Ponzi scheme that defrauded investors of at least $43 million. 
Wire Fraud Indictment… Read full article
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Analyst Identifies Crucial Dogecoin Support At $0.112-$0.123, Will Price Crash Further?
Dogecoin suffered a significant crash in the bloodbath that rocked the crypto market earlier this week, notching double-digit losses in the process. This has sent its support lower, and $0.112-$0.123 is now the level to hold for the meme coin.… Read full article
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Time To Buy The Bitcoin Dip? Analyst Upbeat As Federal Reserve Turns Dovish
As Bitcoin drops, liquidating leveraged long bets along the way, one analyst, in a post on X, thinks this might be a prime opportunity to accumulate, citing historical patterns of pullbacks followed by impressive recoveries. 
Time To Load The Bitcoin… Read full article
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Jack Dorsey’s Block Faces Federal Probe Over Alleged Bitcoin Transactions For Terrorist Groups
According to an NBC report, federal prosecutors have initiated an investigation into Block, the financial technology company founded by Twitter co-founder Jack Dorsey, following allegations of compliance failures and links to terrorist networks through alleged crypto transactions. 
Notably, a former… Read full article
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Shiba Inu Flashes Bull Flag, Why A 150% Price Jump Is Imminent
Shiba Inu (SHIB) could soon witness a significant price rally, with crypto analyst Ali Martinez highlighting a bullish pattern forming on the meme coin’s chart. Shiba Inu’s price could potentially see a 150% gain when this rally happens. 
A Bull… Read full article
17h ago
Bitcoinist.com
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Bitcoin Institutional Selling Behind $57,000 Crash? Data Suggests So
Data shows the Bitcoin Coinbase Premium has been negative for a while now, a sign that institutional selling has been occurring behind the scenes.
Bitcoin Coinbase Premium Gap Has Turned Quite Negative Recently
As pointed out by CryptoQuant Netherlands community… Read full article
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Dirty To Digital: Coal Miner Strikes $7 Million Bitcoin Gold With Excess Power
Alliance Resource Partners (ARLP), a publicly traded coal mining company, has successfully ventured into Bitcoin mining. The pilot project, which began in 2020, has generated significant revenue for ARLP by capitalizing on underutilized electricity at its River View mine.

Bitcoin… Read full article
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Bitcoin Spot ETFs Reach Record Outflow Numbers Amid Market Crash
The United States Spot Bitcoin ETFS market is bleeding, with reports unveiling outflows exceeding $500 million in a single day. This unexpected development emerges amidst the broader market crash for Bitcoin, which has been witnessing a string of declines for… Read full article
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Solana Is In Unprecedented Prime Condition, Says Developer
In a post on X, Vibhu Norby, the CEO of the Solana-based company Drip Haus, has painted a detailed picture of Solana’s recent journey through scalability challenges and significant user growth. His analysis sheds light on both the obstacles and… Read full article
21h ago
Bitcoinist.com
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Is The Bitcoin Bottom In? Analysts Predict Upside Following 20% Decline
Bitcoin, the world’s largest cryptocurrency, is experiencing a massive downturn. However, popular crypto analyst, Michael van de Poppe has predicted that the cryptocurrency may be at the end of its correction, foreseeing potential upsides following a price bottom. 
Analyst Suggests … Read full article
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Shiba Inu Fees On Fire: What’s Behind The 500% Surge?
The cryptocurrency market continues its wild ride in 2024, with established giants like Bitcoin facing headwinds while seemingly outlandish projects like Shiba Inu experience unexpected growth spurts.

Bitcoin Struggles To Find Footing
Bitcoin, the undisputed king of crypto, has seen… Read full article
1d ago
Bitcoinist.com
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Peter Schiff Discloses Downside Target For Bitcoin, Downtrend Imminent?
Peter Schiff, a popular critic of Bitcoin and staunch advocate for Gold, has delved into the ongoing debate surrounding BTC’s valuation, predicting a potential downside pressure in the near future and setting his target at the $54,000 price level.
Bitcoin… Read full article
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Shiba Inu Team Unveils Two-Phase Hard Fork Strategy For Shibarium
In the latest issue of the “SHIB Magazine,” the Shiba Inu team has disclosed detailed plans for the upcoming hard fork of the Shibarium network, marking a pivotal milestone in the project’s ongoing efforts to enhance its blockchain infrastructure. This… Read full article
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MicroStrategy Launches Bitcoin-Based Decentralized ID System ‘Orange’
MicroStrategy, the largest corporate holder of Bitcoin, has officially launched a groundbreaking decentralized identity system named ‘MicroStrategy Orange’. This innovative solution was introduced by Michael Saylor, the company’s executive chairman, during their ‘Bitcoin For Corporations’ conference on May 1.
MicroStrategy’s… Read full article
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Senator Lummis Challenges US Crackdown On Crypto Market, Vows To Protect Investor’s Rights
In the face of growing global regulatory pressure on the crypto industry, the Biden administration’s intensified crackdown and the actions of regulatory bodies have prompted Senator Cynthia Lummis to issue a strong statement against the US government’s stance on the… Read full article
1d ago
Bitcoinist.com
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Crypto Witch-Hunt: Experts Criticize DOJ For ‘Bitcoin Jesus’ Indictment
On Tuesday, the crypto industry was shaken after news of the indictment of one of a Bitcoin early investors broke. Per the reports, the US Department of Justice (DOJ) pressed multiple charges against Roger Ver, a controversial figure in the… Read full article
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Dogecoin Enters Major Accumulation Zone, Is It Time To Get Back In?
The foremost meme coin, Dogecoin (DOGE), has entered a major accumulation zone, suggesting that this may be the right time to invest in the crypto token. This is also supported by the fact that the meme coin could soon experience… Read full article
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BlackRock Drives Tokenization Push With $47 Million Investment In Securitize
With over $10 trillion under its management, asset management firm BlackRock has led a $47 million investment in Securitize, a prominent player in the tokenization space. 
BlackRock’s Investment Boosts In The Tokenization Space
As announced on Wednesday, notable participants in… Read full article
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How These Solana Meme Coin Traders Turned $6,400 Into $8 Million In 24 Hours
Despite the current market downtrend, crypto traders are still finding ways to make life-changing gains. This is the case of some Solana meme coin traders who recently turned $6,400 into $8 million in 24 hours. 
How These Solana Meme Coin… Read full article
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Boost For Polkadot As Kusama Sells All 3 Coretime in First Sale: DOT Rejects Bears
In a momentous event that heralds a new era for Polkadot, Kusama, its test network, sold all three cores in its first Agile Coretime sale, as reported on April 30. This achievement, shared by Parity Technologies, the developer of the… Read full article
2d ago
OST
Bitcoinist.com
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Crypto Analyst Who Predicted Bitcoin Crash Below $57,000 Reveals Next Target
The Bitcoin price has seen a massive downside this week going into the FOMC meeting on Wednesday. The digital asset’s price saw a sharp 8% drawdown, which sent its price below $57,000, its lowest point in two months. While this… Read full article
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$354 Million Crypto Longs Squeezed As Bitcoin Crashes To $57,000
Data shows the cryptocurrency derivative market has observed mass liquidations following the crash of Bitcoin and other assets.
Bitcoin Has Seen Bears Winning As Price Has Plunged 6% Over The Past Day
Recently, Bitcoin has been stuck in consolidation in… Read full article
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Cardano Founder And Ripple CTO Go Head To Head Over XRP Regulations And ETHGate Allegations
The crypto community is witnessing a virtual showdown between Cardano Founder, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz. The two crypto giants are clashing over Ripple’s present regulatory challenges and the allegations surrounding the ETH Gate.  
Hoskinson… Read full article
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Former Binance CEO CZ’s Insights Post 4-Month Prison Sentence: Compliance Is Key
In a significant legal development for the crypto industry, Changpeng Zhao, widely known as CZ, the former CEO of Binance, has been sentenced to four months in prison after pleading guilty to charges related to enabling money laundering on his… Read full article
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Ethereum Founder Buterin Warns Against Hardware Wallet Use: Here’s Why
In a statement on X that counters the prevailing wisdom among crypto enthusiasts, Ethereum founder Vitalik Buterin has recently expressed reservations about the reliance on hardware wallets for securing digital assets.
Buterin’s commentary emerged during a broader conversation on crypto… Read full article
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Pro-XRP Lawyer Deaton Accuses SEC’s Gensler Of ‘Infecting’ Ethical Standards
In a searing critique, John E. Deaton, a prominent legal advocate for XRP, has issued a forceful condemnation of SEC Chairman Gary Gensler, accusing him of undermining ethical standards and fostering an environment of deceit at the US Securities and… Read full article
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Grateful Despite Adversity: Binance Founder Acknowledges Support After Sentencing
Amidst the challenging circumstances of a prison sentence, Binance founder and former Chief Executive Officer (CEO) Changpeng CZ Zhao has taken to the X (formerly Twitter) platform to express his gratitude to those who supported him during these trying times.… Read full article
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Is Litecoin Next? Proposed ETF Could Bolster Crypto’s Mainstream Appeal
The world of cryptocurrencies is abuzz with the potential arrival of a new Exchange Traded Fund (ETF): the Litecoin ETF. Championed by Litecoin founder Charlie Lee, the proposed ETF is aiming to gain the coveted approval from the US Securities… Read full article
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Slap On The Wrist? DOJ Faces Backlash For Letting Binance Founder Off Easy For AML Failures
Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist.
Zhao, better known in the crypto world as “CZ,” received four months in… Read full article
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Crypto Market Awaits FOMC Meeting: Why It’s The Most Important In Years
As the Federal Open Market Committee (FOMC) convenes for a highly anticipated meeting today (2 pm ET), the stakes are high not just for traditional finance but also for the crypto markets, which have become increasingly sensitive to macroeconomic signals.… Read full article
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Unrealistic Demands? Crypto Figure Says Consensys Might “Need Prayers”
Ethereum (ETH) has faced some regulatory turmoil amid rumors of a rejection of ETH spot exchange-traded funds (ETF) in May. The second largest cryptocurrency has also been in the spotlight after a key component in its ecosystem, Consensys, sued the… Read full article
2d ago
SYS
Bitcoinist.com
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New Era In Crypto? Stablecoin Legislation Could Eclipse Bitcoin ETF Impact – Bitwise CIO
The US Congress could catalyze a more significant shift than introducing spot Bitcoin ETFs. Bitwise Chief Investment Officer Matt Hougan’s view underscores a pivotal moment for the crypto industry.
Hougan suggests that 2024 could see “groundbreaking” legal frameworks that pave… Read full article
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Shiba Inu Sees 144% Spike In Major Metric, But Why Is Price Down?
Shiba Inu (SHIB) saw a significant spike in a major metric, which signals a bullish outlook for the second-largest meme coin by market cap. Despite this, Shiba Inu’s price has failed to react positively, which can undoubtedly be a concern… Read full article
2d ago
Bitcoinist.com
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Coinbase Increases Bitcoin Transaction Speeds With Complete Integration Of Lightning Network
US-based crypto exchange Coinbase has taken a major step forward in the digital payments space by introducing support for the Bitcoin Lightning Network. This allows users to make instant and cheaper Bitcoin transfers. 
Bitcoin Lightning Network Integration On Coinbase 
According… Read full article
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Bitcoin Slips But These 3 Metrics Point To A Solid, Healthy Bull Market
Though Bitcoin might be shaky, dumping in the London session on April 30, IntoTheBlock data now shows that the market is, after all, solid.
In a post on X, the blockchain analytics platform noted that Bitcoin is in a mid-bull… Read full article
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