Cryptocurrency news

• Crypto Is a Core American Issue: Consensys’ Joe Lubin Says

  29-05-2024 23:58
  
  The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.
  
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• Argentina’s Milei meets top tech CEOs to boost business relations

  29-05-2024 23:57 via cointelegraph.com
  Libertarian Argentina has “enormous possibilities” under his leadership, Milei tells Sam Altman.
  
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• US Treasury report outlines potential financial risks of NFTs

  29-05-2024 23:52 via cointelegraph.com
  The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.
  
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• NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024

  29-05-2024 23:17
  
  NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.
  
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• Bank of Israel launches “Digital Shekel Challenge” to innovate CBDC payment systems

  29-05-2024 23:08 via coinjournal.net
  
  Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions.
  Participants of the challenge will access a prototype system to create innovative digital shekel uses.
  Bank of Israel is scheduled to hold a webinar on June 9 for details.In a significant move towards digital currency adoption, the Bank of Israel (BoI) has announced the launch of the “Digital Shekel Challenge.”
  The initiative aims to develop innovative payment solutions using the di
  
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• Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity

  29-05-2024 23:00
  
  Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
  
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• Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important

  29-05-2024 23:00 via newsbtc.com
  
  Shiba Inu is currently the talk of the crypto market after mounting a 15% surprise rally. However, beyond the price rally, SHIB is shining in other places, and one of those is the open interest. This metric has seen a significant increase, with potential implications for the SHIB price going forward.
  Shiba Inu Open Interest Sees 85% Surge
  The Shiba Inu open interest in up over 85% in the past day as the price has gone on a recovery trend. Open interest tracks the futures or options contract for
  
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• Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’

  29-05-2024 22:39 via cointelegraph.com
  The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session.
  
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• Mastercard launches crypto credentials P2P pilot program to simplify transactions

  29-05-2024 22:34 via coinjournal.net
  
  The Mastercard crypto pilot program uses aliases to simplify and secure transactions.
  The initiative involves partners like Bit2Me, Lirium, Mercado, and FoxBit.
  Concerns, however, persist about centralization and data security with Mastercard’s system.Mastercard, the global credit card company, has embarked on a groundbreaking journey into the world of cryptocurrencies with the launch of its crypto credentials P2P pilot program.
  This initiative aims to revolutionize the way individuals en
  
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• Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer

  29-05-2024 22:30
  
  Conference attendees give their say on market sentiment.
  
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• Hashdex has withdrawn its Ethereum ETF application

  29-05-2024 22:07 via coinjournal.net
  
  Hashdex withdraws ether ETF application after SEC approval of similar products.
  Hashdex’s Ethereum ETF application combined spot Ether with futures contracts.
  The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics.According to documents filed with the U.S. SEC, Hashdex officially pulled its application for the Hashdex Nasdaq Ethereum ETF on May 24.
  The withdrawal of the proposal was reveled in a filing submitted to the SEC on May 28, leaving invest
  
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• Zilliqa price outlook as network hits key milestone

  29-05-2024 22:04 via coinjournal.net
  
  Zilliqa (ZIL) recently hit 66 million network transactions.
  However, ZIL price was down 2.5% at the time of writing, trading near $0.024.Zilliqa (ZIL) price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell more than 30% in two days.
  But what’s the outlook for Zilliqa price as the network hits a key transaction milestone? Is Zilliqa 2.0 a potential catalyst for ZIL?
  H
  
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• New Iggy Azalea token has 'huge insider activity' — analytics firm

  29-05-2024 21:45 via cointelegraph.com
  Bubblemaps claimed that 10% of the MOTHER token supply was sold to a single account, which later dumped most of it at a profit.
  
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• Cryptocurrency Market to Observe Strong Growth to Generate Massive Revenue in Coming Years| Xilinx, Intel, Ripple ... - openPR

  29-05-2024 21:40 via news.google.com
  
  Cryptocurrency Market to Observe Strong Growth to Generate Massive Revenue in Coming Years| Xilinx, Intel, Ripple ...  openPR
  
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• WIF Traders Raking Millions As Analyst Backs Meme Coins To Spearhead Crypto Rally

  29-05-2024 21:30 via newsbtc.com
  
  Andrew Kang of Mechanism Capital, a crypto venture fund, thinks meme coins have evolved and shouldn’t be considered lowly. In a post on X, Kang argues that meme coins are no longer a “last resort” investment but an emerging sector constantly attracting millions of investors.
  Investors Should Change Strategy?
  If anything, the analyst thinks, top meme coins like BONK, HONK, and others may spearhead the next market surge. For this reason, and considering the potential of meme coin
  
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• SEI price drops amid distribution of over 27M tokens after fruitful v2 upgrade

  29-05-2024 21:13 via coinjournal.net
  
  Sei v2 upgrade introduces sub-second transaction finality, enhancing scalability.
  Sei Foundation implements fairer eligibility criteria for token distribution event.
  SEI token price drops by 3.91% to $0.5185 amid distribution of 27M tokens post v2 upgrade.The SEI token has experienced a notable decline in price, dropping by 3.91% in the past 24 hours to $0.5185, at press time, coupled with a decline in trading volume by 19.51% over the past 24 hours.
  This downturn comes amidst the distribution
  
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• Mastercard's crypto credentials P2P pilot program goes live

  29-05-2024 21:06 via cointelegraph.com
  The credit card company hopes to streamline transactions and limit user error through an alias credentialing system.
  
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• Ronaldo unveils 4th NFT collection, Rabbit responds to Coffeezilla: Nifty Newsletter

  29-05-2024 21:02 via cointelegraph.com
  AI company Rabbit denied Coffeezilla’s claims that the firm was not forthright about the open-sourcing of its past NFT project.
  
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• Bitcoin futures open interest reaches a 16-month high: $70,000 granted?

  29-05-2024 21:02 via cointelegraph.com
  BTC derivatives show moderate bullishness, paving the way for further gains above $70,000.
  
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• U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'

  29-05-2024 21:00
  
  "The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said.
  
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• Former Consensys employee launches new stablecoin amid regulatory uncertainty

  29-05-2024 20:45 via cointelegraph.com
  Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.
  
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• Cryptocurrency Market Poised for Growth: Expert Predicts Bullish Expansion - Coinfomania

  29-05-2024 20:35 via news.google.com
  
  Cryptocurrency Market Poised for Growth: Expert Predicts Bullish Expansion  Coinfomania
  
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• TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization

  29-05-2024 20:22
  
  The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
  
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• The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up

  29-05-2024 20:03
  
  We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.
  
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• Solana Remains Institutional Investors’ Favorite, YTD Flows Ramp Up To $29 Milion

  29-05-2024 20:00 via newsbtc.com
  
  Solana (SOL) is rapidly gaining the attention of institutional investors, who are increasingly showing a strong interest in this crypto token. This trend underscores the possibility that Solana could be the next in line to launch its Spot ETF, a development that could significantly impact the crypto token’s price. 
  Solana Investment Funds Record Year-To-Date Inflows Of $29 Million
  According to CoinShares’ latest weekly report, Solana investment products currently boast a year-to
  
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• U.S. House's Emmer Says Best Hope For Crypto Legislation Is Year-End Session

  29-05-2024 19:59
  
  Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bill, leaving little time in the waning congressional session.
  
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• Bitcoin's OP_CAT proposal could transform the Bitcoin blockchain

  29-05-2024 19:50 via cointelegraph.com
  The launch of Runes of Bitcoin and the emergence of OP-CAT could redefine the blockchain's ecosystem as early as 2026.
  
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• Ripple's $25M donation powers Fairshake PAC's crypto advocacy in 2024

  29-05-2024 19:48 via cointelegraph.com
  Ripple is at the top of a long list of crypto industry notables supporting the super PAC.
  
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• Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue

  29-05-2024 19:44
  
  Wood says the filings in support of ether ETFs were not approved in a regular way.
  
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• Celo integrates Chainlink's CCIP interoperability protocol

  29-05-2024 19:40 via cointelegraph.com
  The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.
  
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• Hashdex withdraws spot Ether ETF application

  29-05-2024 19:22 via cointelegraph.com
  Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light.
  
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• ‘Solana Is For Baddies’: Rapper Iggy Azalea Joins The Controversial Celebrity Token Frenzy

  29-05-2024 19:00 via newsbtc.com
  
  For the past week, a controversial celebrity token trend has emerged. Mainstream media figures began launching Solana-based memecoins and seemingly showing interest in cryptocurrencies.The latest star to join the celebrity token frenzy is Australian rapper Iggy Azalea, who saw a controversial launch similar to Caitlyn Jenner’s JENNER token.
  Who Is Solana?
  On Monday, Azalea surprised the crypto community by showing interest in cryptocurrencies. The rapper and model posted on X asking, &ldqu
  
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• Gemini Earn users get $2.18 billion in crypto, representing 232% recovery

  29-05-2024 18:44 via coinjournal.net
  
  Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery.
  Users will receive 100% of their crypto back, with the initial distribution representing 97% of Earn users’ assets.Gemini has announced that its customers of its Gemini Earn program have received $2.18 billion worth of digital assets.
  The distribution is in kind and represents a 232% recovery for Earn users, Gemini co-founder and CEO Tyler Winklevoss and co-founder and President Cameron Winklevos
  
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• CryptoHeap Launches 24/7 Support Amid Surging Cryptocurrency Market By Chainwire - Investing.com

  29-05-2024 18:37 via news.google.com
  
  CryptoHeap Launches 24/7 Support Amid Surging Cryptocurrency Market By Chainwire  Investing.com
  
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• Cryptocurrency Trader Turns $860 into $657000: Here's How - Watcher Guru

  29-05-2024 18:32 via news.google.com
  
  Cryptocurrency Trader Turns $860 into $657000: Here's How  Watcher Guru
  
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• CryptoHeap Launches 24/7 Support Amid Surging Cryptocurrency Market - CryptoDaily

  29-05-2024 18:11 via news.google.com
  
  CryptoHeap Launches 24/7 Support Amid Surging Cryptocurrency Market  CryptoDaily
  
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• Earn Passive Income: Stake Bonk $BONK With Ease [Cryptocurrency] - Medium

  29-05-2024 18:00 via news.google.com
  
  Earn Passive Income: Stake Bonk $BONK With Ease [Cryptocurrency]  Medium
  
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• Bullish Breakout: WIF Starts New Rally Above 100-Day Moving Average, What Next?

  29-05-2024 18:00 via newsbtc.com
  
  The recent upward movement has led the price of WIF to continue its rally above the 100-day Simple Moving Average (SMA). This movement comes after it fails to break below the $1.03 support level.
  With a current market capitalization of $3.9 billion and a 24-hour trading volume of over $1.5 billion, WIF has been dominating the meme world alongside other meme coins like PEPE and DOGE since the start of this recent move.
  As of the time of writing, the price of WIF was up by 21%, trading around $3.9
  
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• How Gunnar Lovelace Is Trying to ‘Unf*ck’ the World

  29-05-2024 17:46
  
  The serial entrepreneur and ethical capitalist’s latest effort at civil disobedience is being previewed at Consensus 2024.
  
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• Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up

  29-05-2024 17:39
  
  A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade's head of institutional sales, Bernd Sischka.
  
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• Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network

  29-05-2024 17:34 via crypto-news.net
  
  Austin, Texas, May 29th, 2024, Chainwire Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in July 2024.…
  The post Native Stablecoins Swell on Sui as Agora Adds AUSD Stablecoin to Network appeared first on Cryp
  
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• Majority of gamers still unaware of blockchain gaming — survey

  29-05-2024 17:30 via cointelegraph.com
  A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity.
  
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• Caitlyn Jenner meme coin ‘mastermind’s’ celebrity price list leaked

  29-05-2024 17:30 via cointelegraph.com
  From Eminem to Snoop Dogg, Drake and Tom Holland — a leaked price list suggests JENNER token ‘scammer’ claimed to provide access to them all.
  
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• Gemini returns $2.18B to Earn users following 18-month withdrawal freeze

  29-05-2024 17:29 via cointelegraph.com
  Gemini has announced a $2.18 billion distribution to its Earn program users 18 months after it suspended withdrawals.
  
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• Fetch.ai, SingularityNET, Ocean Protocol Set Date for Artificial Superintelligence Alliance Token Merger

  29-05-2024 17:14
  
  The three AI platforms will complete their token merger on June 13, and the FET token will be renamed ASI two days before.
  
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• Trader Buys $2M Worth of Dogecoin Call Options as Meme Coin Market Heats Up

  29-05-2024 17:13
  
  A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade's head of institutional sales, Bernd Sischka.
  
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• PayPal stablecoin PYUSD launches on Solana

  29-05-2024 17:00 via coinjournal.net
  
  PayPal USD (PYUSD) is now live on the Solana blockchain.
  Users can buy PYUSD via PayPal, Venmo, Crypto.com, Phantom and Paxos.PayPal USD (PYUSD), the stablecoin that payments giant PayPal launched in August 2023, is now live on Solana.
  Users on Solana can buy PYUSD via PayPal and Venmo wallets. Also announced as the first providers to allow fiat-to-crypto purchases for the stablecoin are Crypto.com, Phantom and Paxos.
  PayPal brings PYUSD to Solana
  PayPal announced the availability of PYUSD on S
  
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• Crypto Expert Says Market Has Begun A Macro Bullish Expansion – What This Means For Bitcoin And Altcoin Prices

  29-05-2024 17:00 via newsbtc.com
  
  Crypto analyst TechDev has offered a bullish narrative for the crypto market. He recently hinted that a parabolic move is imminent for Bitcoin and altcoins, following his statement that the market has entered an important phase in this bull cycle. 
  Crypto Market Has Began “Macro Bullish Expansion”
  TechDev mentioned in an X (formerly Twitter) post that “the entire crypto market has just begun its first macro bullish expansion in three and a half years.” The analyst sh
  
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• Bitcoin ‘diamond hands’ cut selling by nearly 50% at $73.8K — Research

  29-05-2024 16:27 via cointelegraph.com
  Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value.
  
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• Bitcoin 'diamond hands' cut selling by nearly 50% at $73.8K — Research

  29-05-2024 16:27 via cointelegraph.com
  Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value.
  
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