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01 Standard Chartered says markets will look ahead to exchange-traded funds ETFs of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also
https://news.bitcoin.com/standard-chartered-discusses-sec-approving-spot-etfs-for-cryptos-beyond-bitcoin-and-ether/ | 1 | 0 | Loading... |
02 Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds ETFs, highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and
https://news.bitcoin.com/mad-moneys-jim-cramer-endorses-ether-as-great-store-of-value-amid-us-dollar-concerns/ | 1 | 0 | Loading... |
03 UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank demand, and ongoing geopolitical uncertainties. UBS Revises Gold Price Prediction
https://news.bitcoin.com/ubs-raises-gold-price-forecast-amid-rising-central-bank-demand-and-geopolitical-tensions/ | 1 | 0 | Loading... |
04 The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management stated that street trading of foreign exchange is now
https://news.bitcoin.com/nigeria-increases-capital-requirements-for-currency-dealers-nearly-sixtyfold-to-1-4-million/ | 2 | 0 | Loading... |
05 Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo
https://news.bitcoin.com/xapo-ceo-seamus-rocca-describes-xapos-proposition-talks-us-regulation-emerging-markets-and-stablecoins/ | 2 | 0 | Loading... |
06 Bloomberg ETF analyst James Seyffart believes that spot Ethereum ETFs could see 20% to 25% of the demand experienced by spot Bitcoin ETFs.
https://cryptoslate.com/spot-eth-etfs-could-see-25-of-the-demand-of-btc-counterpart-bloomberg-analysts/ | 1 | 0 | Loading... |
07 Top 5 Daily Gainers & Losers
✈️@CryptoWorldNews🌐 | 1 | 0 | Loading... |
08 Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit ASIC mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash. The following is an examination of today’s top six ASIC miners
https://news.bitcoin.com/shifting-sands-of-bitcoin-mining-how-hydro-cooling-tech-is-leading-the-charge-post-halving/ | 1 | 0 | Loading... |
09 As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission SEC, recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase
https://news.bitcoin.com/coinbase-seeks-immediate-appellate-review-in-sec-lawsuit-citing-recent-legislation/ | 1 | 0 | Loading... |
10 Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider VASP license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 self-hosted
https://news.bitcoin.com/okx-ceases-crypto-trading-services-in-hong-kong-users-advised-to-withdraw-assets/ | 1 | 0 | Loading... |
11 Azuro has upgraded its Polygon and Gnosis Chain subgraphs to the Graph Protocol's Decentralized Network.
https://x.com/azuroprotocol/status/1793984976918106225 | 1 | 0 | Loading... |
12 PRESS RELEASE. Date: 27th May 2024 Time: 17:00 UTC Location: Online Bitcoin BuildCon’s main objective is to help builders onboard in the current landscape of BTC development, providing them with insights from key players in the industry. How to get into the new wave of Bitcoin projects, where to deploy, and how to get funded
https://news.bitcoin.com/join-bitcoin-buildcon-online-conference-dont-miss-out-on-shaping-the-future-of-bitcoin/ | 2 | 0 | Loading... |
13 Over the past week, non-fungible token NFT sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales experienced a decline this week, falling by 8.99% compared
https://news.bitcoin.com/ethereum-dominates-nft-sales-despite-overall-market-drop/ | 2 | 0 | Loading... |
14 A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges, claiming she was manipulated by a “mastermind.” 61K Bitcoin Seizure Leads to Jail Sentence A
https://news.bitcoin.com/uk-sentences-woman-to-prison-for-laundering-bitcoin-after-police-seize-61k-btc/ | 2 | 0 | Loading... |
15 Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of Representatives, the movement is now mobilizing UK crypto advocates. With over 6 million crypto holders, the
https://news.bitcoin.com/crypto-advocacy-group-stand-with-crypto-expands-to-the-uk/ | 2 | 0 | Loading... |
16 PRESS RELEASE. May 25, 2024 – Crydit, with the vision of “Pay Everything,” announces the official launch of the first Unlimited Crypto Card in the industry. Crydit is poised to revolutionize the crypto payment industry, providing users of cryptocurrencies with a free, secure, and convenient payment experience. Key Features of the Crydit Unlimited Crypto Card
https://news.bitcoin.com/crydit-unveils-revolutionary-unlimited-crypto-card-redefining-crypto-payments/ | 2 | 0 | Loading... |
17 💰 Bitcoin is up 200% since Jim Cramer said it is about to go down big
✈️@CryptoWorldNews🌐 | 2 | 0 | Loading... |
18 Ethereum Pectra Targeted For Q1 2025
The inclusion of EVM Object Format EOF, which is a set of about 11 EIPs that introduce an opt-in container for EVM code, is a key component that is pushing the upgrade timeline to 2025. The upgrade is set to feature PeerDAS, a data availability sampling solution that uses existing peer-to-peer components within Ethereum. Developers also agreed to replace the account abstraction EIP-3074 with a newer proposal, EIP-7702, introduced by Vitalik. EIP-7702, enables EOAs to function as smart contract wallets during a transaction.
https://ethdaily.io/472 | 2 | 0 | Loading... |
19 In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation FDV has become essential for investors looking to better evaluate the current value of cryptocurrency projects, as well as better predict the long-term value and risks associated with them. Introduction to FDV Fully Diluted Valuation FDV is an important
https://news.bitcoin.com/decoding-fdv-the-importance-of-fully-diluted-valuation-in-crypto-investments/ | 2 | 0 | Loading... |
20 LayerZero Sybil bounty submissions are re-opening shortly under a new process on Commonwealth that will require a bond.
Bonds will NOT be returned and will be burned if reports are:
- Taking credit for other people's work
- Fraudulent in any way
- Lacking methodology
- Spam
To submit a report, all bounty hunters must post a bond of 0.5 ETH from a reward address to the following address:
0x074add683db5b42D67e002aF3F8CaaF89dFef715
Timeline
- Saturday, May 25th, 02:00 UTC: Bounty hunters can deposit bonds to the address above.
- Tuesday, May 28th, 00:00 UTC: Bounty hunting reporting will reopen on Commonwealth for 48 hours. A link will be provided then.
- Thursday, May 30th, 00:00 UTC: Bonding and submissions will close.
https://x.com/LayerZeroLabs/status/1794186650223878240 | 2 | 0 | Loading... |
21 Next Friday, May 31, the Uniswap Foundation will initiate the onchain vote to upgrade the Protocol so that its fee mechanism can reward UNI token holders that have staked and delegated their tokens.
https://x.com/uniswapfnd/status/1794096255590617411 | 2 | 0 | Loading... |
22 Phantom Wallet surpasses Facebook in overall Google Play rankings in the United States.
https://x.com/solanafloor/status/1794039373521887603 | 2 | 0 | Loading... |
23 This year, with the U.S. Securities and Exchange Commission SEC increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets constitute an “investment contract” and thereby fall under U.S. securities laws. Below is an in-depth exploration
https://news.bitcoin.com/what-is-the-howey-test-understanding-its-role-in-crypto-regulation/ | 2 | 0 | Loading... |
24 Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing “regulatory uncertainty” as the reason behind these changes. Hodl Hodl to Exclude US
https://news.bitcoin.com/p2p-bitcoin-exchange-hodl-hodl-suspends-lending-services-for-us-and-un-embargoed-countries-residents/ | 2 | 0 | Loading... |
25 Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies, and personal financial losses within the sector. His warning followed the approval of spot ethereum exchange-traded funds ETFs by the U.S. Securities and Exchange Commission
https://news.bitcoin.com/veteran-trader-peter-brandt-warns-of-biggest-disasters-yet-to-come-in-crypto/ | 3 | 0 | Loading... |
26 The Financial Conduct Authority FCA, the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products ETPs for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional adoption of the asset class,” Wisdomtree stated. First Bitcoin and Ethereum ETP Listings on
https://news.bitcoin.com/uk-approves-wisdomtrees-bitcoin-and-ethereum-etps-for-listing-on-london-stock-exchange/ | 2 | 0 | Loading... |
27 The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency CBDC. The lawmaker emphasized that the bill protects American values of privacy and individual sovereignty, countering potential governmental overreach. CBDC Anti-Surveillance Act Clears House Following the passage of the
https://news.bitcoin.com/us-house-passes-central-bank-digital-currency-anti-surveillance-state-act/ | 3 | 0 | Loading... |
28 Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The
https://news.bitcoin.com/consensys-hails-spot-ether-etf-approval-slams-secs-deliberate-regulatory-abuse/ | 3 | 0 | Loading... |
29 According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak Mining Purchases ERCOT-Approved Texas Site Northern Data’s Peak Mining
https://news.bitcoin.com/northern-datas-peak-mining-acquires-second-300-megawatt-site-in-texas/ | 3 | 0 | Loading... |
30 Following the approval of several spot ethereum exchange-traded funds ETFs in the U.S., ether’s price has been rather subdued, ranging between $3,640 to $3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval fueled the previous rise. Market observers are questioning whether or not a
https://news.bitcoin.com/ethereums-subdued-market-performance-follows-us-approval-of-spot-etfs/ | 3 | 0 | Loading... |
31 A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and the U.S. have sought his extradition on fraud
https://news.bitcoin.com/montenegro-court-blocks-do-kwons-extradition-to-south-korea/ | 3 | 0 | Loading... |
32 Top 5 Daily Gainers & Losers
✈️@CryptoWorldNews🌐 | 5 | 0 | Loading... |
33 Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows Not Seen Since November 2023 Transferring BTC onchain is now
https://news.bitcoin.com/onchain-fees-for-bitcoin-drop-to-six-month-low/ | 5 | 0 | Loading... |
34 The hype around Dogeverse DOGEVERSE, a new multi-chain meme coin, is continuing to grow. After raising over $15 million during its presale, this viral project is entering the final 10-day countdown before hitting exchanges – and investors are eager to get involved while they can. Final Countdown on Dogeverse Presale Before DEX Listings The clock
https://news.bitcoin.com/15m-crypto-presale-dogeverse-enters-last-10-days-ahead-of-exchange-listings/ | 4 | 0 | Loading... |
35 Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission SEC, which alleges that certain digital asset transactions conducted by Coinbase constitute the sale of unregistered securities. Coinbase’s chief legal officer, Paul Grewal, explained that the crypto exchange’s position
https://news.bitcoin.com/coinbase-continues-to-fight-for-crypto-clarity-challenging-sec-overreach-in-court/ | 4 | 0 | Loading... |
36 U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $107.9 million on Thursday. Blackrock’s IBIT led the way, securing $89 million, while Grayscale’s bitcoin trust GBTC experienced $14 million in outflows. Gap Between IBIT and GBTC Reserves Tighten Spot bitcoin ETFs had a consistent week of steady inflows, with $107.9
https://news.bitcoin.com/us-spot-bitcoin-etfs-mark-ninth-day-of-inflows-led-by-blackrocks-89m-gain/ | 4 | 0 | Loading... |
37 Bybit has announced the upcoming listing of zkSync ZK.
Listing timeline will be announced soon.
Polyhedra's ticker symbol ZK will be changed.
https://announcements.bybit.com/en/article/bybit-to-list-zksync-zk-on-spot-blt5eb88dc6cc2ce41f/
https://announcements.bybit.com/en/article/important-updates-on-polyhedra-network-ticker-symbol-bltfa719234dbb13c49/ | 4 | 0 | Loading... |
38 Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance SFO and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance AMLO. Effective immediately, new user registrations and asset deposits are suspended. All tokens will
https://news.bitcoin.com/crypto-exchange-gate-hk-ceases-operations-urges-users-to-withdraw-assets/ | 4 | 0 | Loading... |
39 Forgotten Playland has released its summer roadmap.
https://x.com/forgotplayland/status/1793989130940199306 | 5 | 0 | Loading... |
40 PRESS RELEASE. JayX, a leader in blockchain innovation, is thrilled to announce the LK Trading Contest, a novel event designed to engage traders of all levels with its unique dual prize structure. Running from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high performers and those who face
https://news.bitcoin.com/jayx-launches-unique-lk-trading-contest-win-big-even-with-losses/ | 5 | 0 | Loading... |
Photo unavailableShow in Telegram
Standard Chartered says markets will look ahead to exchange-traded funds ETFs of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also
https://news.bitcoin.com/standard-chartered-discusses-sec-approving-spot-etfs-for-cryptos-beyond-bitcoin-and-ether/
Photo unavailableShow in Telegram
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds ETFs, highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and
https://news.bitcoin.com/mad-moneys-jim-cramer-endorses-ether-as-great-store-of-value-amid-us-dollar-concerns/
Photo unavailableShow in Telegram
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank demand, and ongoing geopolitical uncertainties. UBS Revises Gold Price Prediction
https://news.bitcoin.com/ubs-raises-gold-price-forecast-amid-rising-central-bank-demand-and-geopolitical-tensions/
Photo unavailableShow in Telegram
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management stated that street trading of foreign exchange is now
https://news.bitcoin.com/nigeria-increases-capital-requirements-for-currency-dealers-nearly-sixtyfold-to-1-4-million/
Photo unavailableShow in Telegram
Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoin.com’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a traditional neobank, talked about U.S. markets and regulations, how emerging markets see crypto, and the necessity of implementing stablecoins in Xapo after Silvergate Banks’ downfall. Xapo
https://news.bitcoin.com/xapo-ceo-seamus-rocca-describes-xapos-proposition-talks-us-regulation-emerging-markets-and-stablecoins/
Photo unavailableShow in Telegram
Bloomberg ETF analyst James Seyffart believes that spot Ethereum ETFs could see 20% to 25% of the demand experienced by spot Bitcoin ETFs.
https://cryptoslate.com/spot-eth-etfs-could-see-25-of-the-demand-of-btc-counterpart-bloomberg-analysts/
Photo unavailableShow in Telegram
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit ASIC mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash. The following is an examination of today’s top six ASIC miners
https://news.bitcoin.com/shifting-sands-of-bitcoin-mining-how-hydro-cooling-tech-is-leading-the-charge-post-halving/
Photo unavailableShow in Telegram
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission SEC, recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase
https://news.bitcoin.com/coinbase-seeks-immediate-appellate-review-in-sec-lawsuit-citing-recent-legislation/
Photo unavailableShow in Telegram
Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider VASP license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024. The exchange stressed that customer funds remain secure, and withdrawal services will continue unaffected. Okx’s web3 self-hosted
https://news.bitcoin.com/okx-ceases-crypto-trading-services-in-hong-kong-users-advised-to-withdraw-assets/