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Source: Bitcoinist.com

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Yuga Labs Announces Another Company Restructuring And Layoff In 6 Months
Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has announced a company restructuring and layoff for the second time in a little over six months. This announcement was made by the company’s CEO and… Read full article
2h ago
Bitcoinist.com
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Pro-XRP Lawyer John Deaton Backs Coinbase In SEC Case With Amicus Brief
Pro-XRP lawyer and crypto advocate John Deaton has filed an amicus brief supporting Coinbase’s motion to certify an interlocutory appeal in the exchange’s ongoing case with the US Securities and Exchange Commission (SEC). In this petition submitted to the US… Read full article
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32 People Indicted In Taiwanese Crypto Exchange Fraud Case
The ongoing saga between the Taiwanese authorities and former executives from crypto exchange ACE continues with a new round of charges pressed against its founder, David Pan, and another 31 individuals linked to the case.
The exchange and its former… Read full article
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Senator Warren: Crypto Is The “Payment Of Choice” For Child Sexual Abuse, Urges DOJ Action
In a joint effort to combat the illicit trafficking of child sexual abuse material (CSAM), US senators Elizabeth Warren and Bill Cassidy have written a letter to the US Department of Justice (DOJ) and Department of Homeland Security (DHS) expressing… Read full article
8h ago
REN
Bitcoinist.com
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New Data Reveals Bitcoin Mining May No Longer Be Profitable – Here’s Why
New data has revealed that Bitcoin (BTC) mining might no longer be as lucrative as it used to be. Bloomberg has reported that the profitability of Bitcoin mining is nearing a record low, not seen since the days following the… Read full article
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Ethereum Sell Side Liquidity Thinning On CEXes: Time For $4,000?
Taking to X on April 26, one analyst notes that there is a high probability of Ethereum spiking in the sessions ahead because of thinning sell-side liquidity across major centralized exchanges like Binance and Coinbase. 
Thin Sell-Side, Big Potential Move… Read full article
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Bitcoin Runes Hype Dissipates: Why This Makes Life Difficult For Miners
Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues.
Bitcoin Halving Effect Settles In On Miner Revenue As Runes Interest Drops
A few days back, the much-anticipated Bitcoin… Read full article
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Crypto Exchange Predicts That Shiba Inu Will Reach $0.00008 In May, New ATH Loading?
Global digital currency exchange, Changelly has forecasted a bullish outlook for doggy-themed meme coin, Shiba Inu, predicting a surge to new all-time highs followed by subsequent bearish movements. 
SHIB Expected To Reach New ATH In May
On Wednesday, April 24,… Read full article
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Texas Crypto Mining Firm And Co-Founders Face SEC Charges In $5M Fraud Allegations
The US Securities and Exchange Commission (SEC) has taken legal action against Geosyn Mining, LLC, a Texas-based crypto mining and hosting company, and its co-founders, Caleb Ward and Jeremy McNutt, over allegations of engaging in unregistered and fraudulent activities.
Geosyn’s… Read full article
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CMT-Certified Crypto Analyst Says Bitcoin Is Still Very Bullish, Can It Reach $350,000?
The direction of where the Bitcoin price could be headed next has been a bone of contention among industry players. Numerous forecasts have been made for the pioneer cryptocurrency, but one crypto analyst maintains that Bitcoin continues to be bullish… Read full article
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Crisis In Crypto: China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.”
The Background Of Blockchain Advocacy And The Current Crackdown
Qian, known for his pivotal role in developing China’s Central Bank Digital… Read full article
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Pantera Capital Makes Major Solana Acquisition In 2,000 SOL Auction From FTX
Asset management firm Pantera Capital has emerged as one of the successful bidders in an auction of discounted Solana (SOL) tokens conducted by the liquidators overseeing the bankruptcy of the former FTX cryptocurrency exchange.
The sale, which included approximately 2,000… Read full article
18h ago
Bitcoinist.com
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Crypto Analyst Reveals Play-By-Play Profit-Taking Strategy For Shiba Inu
Crypto analyst Crypto Noan has revealed a profit-taking strategy that crypto investors can adopt as they invest in Shiba Inu (SHIB), the second-largest meme coin by market cap. This strategy would be most beneficial to those who need guidance in… Read full article
19h ago
Bitcoinist.com
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Oldest US Bank Invests In 2 Bitcoin ETFs, SEC Filing Shows
The Bank of New York Mellon Corporation (BNY Mellon), the oldest and one of the largest banks in the United States, has disclosed its investments in Bitcoin Exchange Traded Funds (ETFs). According to its recent Securities and Exchange Commission (SEC)… Read full article
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Ripple Vs. SEC Lawsuit: Court Gives Regulator Tight Deadline To Strike Back
In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion. 
Judge… Read full article
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Canada Bets Big On Crypto: 40% Of Institutions Now Invest
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints… Read full article
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Coinbase CLO Defends Ethereum Security Status Amid Regulatory Scrutiny
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security… Read full article
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David Vs. Goliath? Crypto Firm Consensys Sues SEC Over Ethereum Regulation
Consensys, a prominent Ethereum development company, has fired the latest salvo in the ongoing battle between the crypto industry and the US Securities and Exchange Commission (SEC). The company filed a lawsuit on April 25th, accusing the SEC of an… Read full article
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Solana Records ‘Dramatic Increase’ In Institutional Demand: Report
Solana (SOL) has seen a “dramatic increase in allocations” from institutional investors, according to a recent survey conducted by CoinShares. The Digital Asset Fund Manager Survey, involving responses from 64 investors managing a cumulative $600 billion in assets, points to… Read full article
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Shiba Inu Devs Schedule Shibarium Hard Fork For May 2: Details
The Shiba Inu development team has announced that the Shibarium network is poised to undergo a transformative hard fork on May 2. This pivotal upgrade is aimed at not only enhancing user experience but also bolstering the infrastructure supporting the… Read full article
1d ago
Bitcoinist.com
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Crypto Market Dominance: Upbit Handles 80% Of South Korean Trading Volume
A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list.
Different platforms have unsuccessfully challenged the exchange’s dominance in… Read full article
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Bitcoin Has “Plenty Of Time” Remaining In Bull Cycle, IntoTheBlock Explains Why
The market intelligence platform IntoTheBlock has pointed out a Bitcoin pattern that could suggest there is still plenty of time to go in the cycle.
Bitcoin Long-Term Holder Pattern Could Suggest Bull Market Isn’t Over Yet
In a new post… Read full article
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Bitcoin Accumulating, On Course Of Breaking $74,000 Despite Bear Scare: Analyst
Bitcoin remains shaky when writing, down 13% from its all-time high. However, despite the short-term uncertainty, one analyst on X remains bullish on the world’s most valuable coin, citing current developments from a technical perspective.
Is Bitcoin Inside A Wyckoff… Read full article
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First Time In 71 Days: BlackRock’s Bitcoin ETF ‘IBIT’ Registers Zero Inflows
In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics. 
After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during… Read full article
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Robinhood Lists Shiba Inu For New York Users, Moves 3 Trillion SHIB
In a recent development, crypto trading platform Robinhood has listed Shiba Inu (SHIB) for its New York users. The trading platform also drew attention to itself, having moved a significant amount of Shiba Inu tokens between its crypto wallets. 
Robinhood… Read full article
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Bitcoin, Dogecoin Top Holder Profitability Ahead Of Cardano & Ethereum: Details
On-chain data shows that Bitcoin and Dogecoin have managed to top the charts regarding holder profitability. Here’s what the ranking looks like.
Bitcoin & Dogecoin Are Among Coins With Highest Investor Profitability Ratio
In a new post on X, the… Read full article
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Ready, Set, Grow: Why It Might Be Time To Invest In Altcoins Now – Santiment
Recent data from Santiment, a prominent market intelligence firm, indicate that the altcoins may enter a “prime buying” phase. According to Santiment, more than 85% of the altcoins they track are currently positioned in what is historically considered a “buying… Read full article
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Shiba Inu Burn Rate Sees Massive 2,076% Spike In 24 Hours
In an interesting turn of events, the Shiba Inu burn rate has received a massive boost in the last day. This is a welcome change to the slow momentum which the burn initiative had recorded over the last week, proving… Read full article
2d ago
Bitcoinist.com
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Crypto Influencer ‘Jay Mazini’ Receives Seven-Year Jail Sentence And $10M Asset Seizure
In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire fraud conspiracy, and money laundering. 
According to the United States… Read full article
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BONK Sees Bullish Prospects As Community Votes Yes To Massive Burn
BONK, a Solana meme token, recently went on a surge that saw it pushing weekly gains above 70% after community members voted in favor of a burn proposal. Recent market dynamics have seen the value of BONK, along with the… Read full article
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Bitcoin’s Future: Why The Samourai Wallet Case Matters To Every User
On Wednesday, the Bitcoin industry was rocked by the arrest of Keonne Rodriguez and William Lonergan Hill, the CEO and CTO of the crypto mixer service Samourai Wallet. The US Department of Justice (DOJ) levied serious charges against them, including… Read full article
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Ethereum ETFs On Hold? US Regulators Expected To Block Spot Products In May
Anticipation and uncertainty intertwine as US issuers brace for potential disappointment in their bid to launch exchange-traded funds (ETFs) linked to the price of Ethereum. Recent interactions with the US Securities and Exchange Commission (SEC) have left these firms with… Read full article
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Investment Giant Morgan Stanley Considers Providing Spot Bitcoin ETF Options For Clients
American multinational investment bank, Morgan Stanley is reportedly exploring the possibility of allowing its extensive brokers to recommend Spot Bitcoin Exchange Traded Funds (ETFs) to clients.
Morgan Stanley To Recommend Spot Bitcoin ETFs
Morgan Stanley is considering permitting its 15,000… Read full article
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Lazarus On the Hunt: How North Korean Hackers are Targeting Crypto via LinkedIn
The notorious Lazarus Group, a cybercriminal organization believed to be backed by North Korea, has emerged with a new attack strategy targeting unsuspecting companies on LinkedIn, a popular professional networking platform. This development raises concerns about the evolving tactics of… Read full article
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Bitcoin ETF Issuer Unveils 5 Spectacular Predictions For 2028 BTC Halving
Bitwise, currently the fourth-largest spot Bitcoin ETF issuer in the United States, with assets under management totaling $1.778 billion, has published a series of stunning predictions for the Bitcoin landscape leading up to the 2028 halving. These projections are not… Read full article
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Is Bitcoin Toast? Gold Bug Sees Bitcoin Below $60,000, Says Crypto Dream Is Over
The price of Bitcoin, the leading cryptocurrency, continues to be a hot topic with analysts offering a spectrum of predictions. Recent price dips have reignited the debate, with some experts warning of a downward spiral while others see a potential… Read full article
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What’s Next For Shiba Inu? Inside The 2024/2025 Shibarium Roadmap
As the Shiba Inu ecosystem continues to expand, its upcoming developments for the years 2024 and 2025 are drawing considerable attention from both investors and participants within the ecosystem. Lucie, the Shiba Inu marketing lead, outlined the roadmap for Shibarium… Read full article
2d ago
Bitcoinist.com
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Nigerian Crackdown Fake News? CBN Denies Crypto Accounts Freezing Circular
Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited.
The news raised alarms as, four months ago,… Read full article
2d ago
Bitcoinist.com
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Bitcoin Settles Inflation Rate Battle With Gold, Becomes Scarcest Asset
Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history.
Bitcoin Halving Results In Inflation Rate Dropping To Just 0.83%
In its latest weekly report, the on-chain analytics firm Glassnode… Read full article
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Analyst Says Betting On Dogecoin To Reach $1 Is Risky – Here’s Why
Crypto analysts have been quite bullish on the future price trajectory of Dogecoin. However, it seems this sentiment is not shared by everyone in the industry. In an interview, Pav Hundal, lead analyst for Australian exchange Swyftx, told CoinTelegraph that… Read full article
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Ethereum Ecosystem Hits 10 Million Active Wallets Weekly: Will It 10X In The Next Bull Run?
There has been a noticeable uptick in network activity in the broader Ethereum ecosystem. According to Dune Analytics, excluding Ordinals-related addresses, there are over 10 million wallets actively engaging with the mainnet and Ethereum layer-2 solutions like Base, Optimism, and… Read full article
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