Expectations for the crypto industry are still high, and altcoins, in particular, are expected to do well. One crypto analyst known as El Crypto Prof on X (formerly Twitter), shares this sentiment, expecting the altcoin market to go on a parabolic rally.
Altcoins Are Set To Explode
In a post on X (formerly Twitter), the crypto analyst highlighted why the altcoins market was said to explode. The chart attached to the post showed previous bull cycles for the crypto market and why the current muted
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-
Crypto Analyst Says Altcoins Are About To Enter A Parabolic Curve, Here’s Why
via newsbtc.com -
Union and Stargaze Team Up to Enable Interoperability for Blue-Chip Ethereum NFTs
via crypto-news.netUnion, a modular interoperability layer, is partnering with Stargaze, a decentralized NFT marketplace, to transfer blue-chip Ethereum NFTs to the Cosmos ecosystem using the trustless, decentralized zkIBC bridge. This collaboration aims to achieve trustless interoperability for NFTs between Ethereum and Cosmos. The partnership between Union and Stargaze introduces a groundbreaking method for NFT transfers. Stargaze […]
The post Union and Stargaze Team Up to Enable Interoperability for Blue -
India’s SEBI recommends local regulators to monitor crypto trading
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. -
PEPE Whales Go On Massive 720B Shopping Spree Amid Campaign For New ATHs, Is It Time To Get In?
via newsbtc.comPepe (PEPE) has recently grabbed the headlines, having hit a new all-time high (ATH) this week. The meme coin has also drawn the attention of crypto whales who have accumulated the crypto token lately. Whales accumulating the meme coin will suggest that now might be a good time to buy PEPE, but that might not be the case.
Crypto Whales Buy 720 Billion PEPE Tokens
On-chain analytics platform Lookonchain recently drew the crypto community’s attention to a whale who purchased 520 billio -
How and when to sell your crypto — a simple guide
In the latest Cointelegraph video, we explain how to set up a successful exit strategy in crypto using a few simple steps. -
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat
via coindesk.comThe U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution. -
How 2 Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
via coindesk.comFirst there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment. -
M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs. -
M2 money supply 'holds the key' for Bitcoin's next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs. -
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX. -
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
via coindesk.comFrance's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France. -
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
via coindesk.comThe U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing. -
Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy?
via newsbtc.comThe Shiba Inu (SHIB) price has exhibited a notable increase, rising by 6.5% in the last 24 hours and 12.5% over the past week, marking a significant shift towards bullish momentum. Technical analysis of the daily SHIB/USD chart reveals a descending trend line where price has been rejected on every single daily close for the past two months.
However, today’s price movements have led to a shift. The descending trend line that previously governed Shiba Inu’s downward trajectory has rece -
Crypto Custody for Advisors
via coindesk.comFinancial advisors seeking to navigate the crypto custody landscape must understand the full spectrum of crypto custody options, balancing innovation with risk management to optimize client portfolios. -
Crypto VCs are back in action amid market rally
Series funding rounds have sprung back, albeit still remaining well below their all-time highs of $4.5 billion in monthly deals during the previous crypto market cycle. -
OpenAI’s ‘iPhone moment’ trumps Google, AI lies, porn and dating: AI Eye
OpenAI’s voice assistant demolishes Google’s, plus why do AI’s lie… and should they date each other? GPT-porn and AI detectors: AI Eye. -
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
via coindesk.comAlexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering. -
Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
via coindesk.comThe bank sees limited upside for the bitcoin price in the near term due to a number of headwinds. -
Bitcoin shrugs off US jobs data as BTC price gives up $66K support
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers. -
Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive
via newsbtc.comThe post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks.This unexpected decline has ignited a debate among analysts, with some sniffing out a fire sale and others urging caution.Bitcoin: Hashrate Hiccup Or Miner Exodus?
Hashrate, a measure of the combined processing power dedicated to securing the Bitcoin network, typically climb -
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
via coindesk.comSpot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled? -
Why Did The Bitcoin Price Rise Above $66,000 Today?
via newsbtc.comBitcoin recently rose above $66,000 for the first time since April. This recent price rally from the flagship crypto is believed to be due to several factors, including the recently released inflation data.
Inflation Data Comes In Lower Than Expectations
The Consumer Price Index (CPI) inflation data was announced on May 15 and came in lower than expected. The CPI rose by 0.3% in April, against forecasts of 0.4%. The CPI data was also lower than those recorded in March and February, when in -
Animoca Brands leads $7M funding round for Param Labs
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO. -
Regulatory crackdown spawns anti-SEC 'CultureCoin'
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers. -
‘We’re just scratching the surface’ of crypto and AI — Microsoft exec
The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs. -
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
via coindesk.comThe miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said. -
Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain
via coindesk.comNotcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView. -
Tether, TON team up with mobile app for USDT-to-fiat transactions
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT. -
Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
via coindesk.comThe latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22. -
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
via coindesk.comGeorgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he's joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge around the world.
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