• Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x
    by Ruholamin Haqshanas on May 18, 2024 at 8:00 am

    Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The post Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x appeared first on Cryptonews.

  • Political Donations Hits Record $91M of Crypto Pre 2024 Election
    by Harvey Hunter on May 17, 2024 at 11:14 pm

    Crypto industry donors have poured $94 million into federal political committees since 2023 in an effort to support pro-crypto governance. The post Political Donations Hits Record $91M of Crypto Pre 2024 Election appeared first on Cryptonews.

  • Floki Holders Are Flocking to This Crypto Casino Project – 100x Possible in 2024?
    by Joel Frank on May 17, 2024 at 10:32 pm

    As the Floki (FLOKI) bulls eye a quick 50% rally from current levels around $0.00021 to yearly highs above $0.00031 after a key technical break, its holders are beginning to flock to a new crypto casino project called Mega Dice (DICE). The post Floki Holders Are Flocking to This Crypto Casino Project – 100x Possible in 2024? appeared first on Cryptonews.

  • Turkey Drafts Crypto Bills To Align With International Standards
    by Jimmy Aki on May 17, 2024 at 9:47 pm

    The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms. The post Turkey Drafts Crypto Bills To Align With International Standards appeared first on Cryptonews.

  • Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
    by Ruholamin Haqshanas on May 17, 2024 at 9:30 pm

    Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral. The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXScreener – SPURDO, BRETT, OMIKAMI
    by Joel Frank on May 17, 2024 at 8:54 pm

    As blue-chip cryptocurrencies post a strong finish to the week, with Bitcoin (BTC), Ether (ETH) and Solana (SOL) up 2.5%-5.5% each over the past 24 hours, traders are turning to the on-chain meme coin markets as they hunt for top crypto gainers today. The post Top Crypto Gainers Today on DEXScreener – SPURDO, BRETT, OMIKAMI appeared first on Cryptonews.

  • Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets
    by Ruholamin Haqshanas on May 17, 2024 at 8:54 pm

    Oklahoma has passed a bill aimed at protecting the rights of its residents to self-custody their digital assets. The post Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets appeared first on Cryptonews.

  • Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
    by Julia Smith on May 17, 2024 at 8:40 pm

    Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX’s collapse and is facing a maximum of 10 years in prison for his crimes. The post Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing appeared first on Cryptonews.

  • Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
    by Jimmy Aki on May 17, 2024 at 8:33 pm

    The e-CNY, also referred to as the digital yuan, is China’s state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong. The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews.

  • Institutions Will Require Data Management Tools For Digital Asset Adoption
    by Rachel Wolfson on May 17, 2024 at 6:08 pm

    Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment. The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cryptonews.

  • This ETF Token is Exploding on Solana – Could the Next Low Cap Gem 100x Overnight?
    by Sam Cooling on May 17, 2024 at 6:07 pm

    In the latest Solana meme coin skyrocket, ETF token (ETF) has exploded +207% in just 24 hours amid a flurry of interest around crypto ETFs. This article will provide an analysis of ETF’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more promising investment opportunity in the The post This ETF Token is Exploding on Solana – Could the Next Low Cap Gem 100x Overnight? appeared first on […]

  • Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
    by Julia Smith on May 17, 2024 at 5:41 pm

    Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan’s court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange a secret bribe to dismiss charges against it. The post Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court appeared first on […]

  • Crypto Whales Are Hoarding This Solana Meme Coin – What Does it Do?
    by Tim Hakki on May 17, 2024 at 5:02 pm

    A presale for Solana’s all-American hillbilly $SEAL token has attracted over $1.4 million in just three weeks as it leads a new wave of Solana meme coins that has caught the attention of investors worldwide. Sealana’s predecessors, meme coins coins like DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and Popcat ($POPCAT), all rose to The post Crypto Whales Are Hoarding This Solana Meme Coin – What Does it Do? appeared first on […]

  • Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming?
    by Simon Chandler on May 17, 2024 at 4:51 pm

    LUNC has declined by 1% in the past 24 hours, with the Terra Luna Classic price dropping $0.000108 as the wider crypto market gains by a very slight 0.5% today. The post Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming? appeared first on Cryptonews.

  • Is It Too Late to Buy Fantom? FTM Price Blasts Up 10% as New AI Project Raises $2 Million
    by Tim Hakki on May 17, 2024 at 4:45 pm

    Fantom ($FTM) has outperformed all other Layer 1 tokens this week and risen 10% amidst a flurry of recent activity on the network, with FTM trading at $0.80 at the time of writing.c Crypto’s two biggest coins, also Layer 1 coins, couldn’t keep the pace over the seven days. Bitcoin ($BTC) grew 5% over the The post Is It Too Late to Buy Fantom? FTM Price Blasts Up 10% as New AI Project Raises $2 Million appeared first on Cryptonews.

  • Pepe Price Prediction as PEPE Drops 12% From Recent Peak – Time to Buy the Dip?
    by Joel Frank on May 17, 2024 at 3:32 pm

    The Pepe (PEPE) price is pulling lower since hitting fresh record highs earlier this week, with traders asking whether now might be the time to buy the dip with PEPE having dropped 12% from its recent peak. The post Pepe Price Prediction as PEPE Drops 12% From Recent Peak – Time to Buy the Dip? appeared first on Cryptonews.

  • Solana Meme Coin SLOTH Lists on HTX Monday 20 May at 12pm UTC, is Binance Next?
    by Gary McFarlane on May 17, 2024 at 3:06 pm

    Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX. Trading is set to begin on Monday 20 May at 12pm UTC, with deposits open now, according to the details released simultaneously via an HTX blog and a $SLOTH X post.The exchange has 10 The post Solana Meme Coin SLOTH Lists on HTX Monday 20 May at 12pm UTC, is Binance Next? appeared first on Cryptonews.

  • Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain
    by Joel Frank on May 17, 2024 at 2:31 pm

    As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now. The post Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain appeared first on Cryptonews.

  • Reddit Shares Jump After OpenAI Data-Sharing Deal
    by Harvey Hunter on May 17, 2024 at 12:01 pm

    Social media firm Reddit’s stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT. The post Reddit Shares Jump After OpenAI Data-Sharing Deal appeared first on Cryptonews.

  • XRP Price Prediction as Ripple Expands in Africa – Will Custody Services Boost XRP Above $0.52?
    by Simon Chandler on May 17, 2024 at 11:39 am

    The XRP price has gained by 0.5% in the past 24 hours, rising to $0.5209 on a day when the crypto market as a whole has risen by the same percentage. The post XRP Price Prediction as Ripple Expands in Africa – Will Custody Services Boost XRP Above $0.52? appeared first on Cryptonews.

  • Sen. Cruz Urges DOJ, FBI To Investigate Whether Foreign Adversaries Are Behind Gaza War Protests In US
    by Tyler Durden on May 18, 2024 at 3:40 am

    Sen. Cruz Urges DOJ, FBI To Investigate Whether Foreign Adversaries Are Behind Gaza War Protests In US Authored by Ryan Morgan via The Epoch Times, Sen. Ted Cruz (R-Texas) has called for U.S. federal authorities to investigate whether foreign actors are promoting contentions within the United States, including recent protests over the war in Gaza taking place on U.S. college campuses and other venues around the country. During a […]

  • NOTAM Sparks Confusion Over Possible Russian Hypersonic Missile Test Off California Coast
    by Tyler Durden on May 18, 2024 at 3:20 am

    NOTAM Sparks Confusion Over Possible Russian Hypersonic Missile Test Off California Coast There’s been quite a stir on X as some users speculate that a NOTAM, or aviation notice to airmen, suggests a potential Russian Navy hypersonic missile test off the coast of Southern California. However, that’s not the case. According to The War Zone, the NOTAM is actually in anticipation of a Russian space booster splashing down in the […]

  • Drug Overdose Deaths Drop For First Time Since 2018
    by Tyler Durden on May 18, 2024 at 3:00 am

    Drug Overdose Deaths Drop For First Time Since 2018 Authored by Amie Dahnke via The Epoch Times, The rate of death by overdose declined in 2023, marking the first decrease in five years. Data released by the U.S. Centers for Disease Control and Prevention’s (CDC) National Center for Health Statistics show the decline mainly attributed to a drop in deaths from synthetic opioids, specifically fentanyl. The number of drug […]

  • Watch: Houthis Shoot Down A 4th US Reaper Drone
    by Tyler Durden on May 18, 2024 at 2:40 am

    Watch: Houthis Shoot Down A 4th US Reaper Drone Yemen’s Iran-linked Houthis have announced that they have shot down yet another $30 million American military drone.  Footage is widely circulating of what appears to be the wreckage of an MQ-9 Reaper drone in Yemen, but the Pentagon has not yet confirmed.  Houthi military spokesman Brig. Gen. Yahya Saree described that the drone was conducing “hostile actions” over Yemen’s […]

  • US Power Grid May Become Unreliable This Summer, Watchdog Warns
    by Tyler Durden on May 18, 2024 at 2:20 am

    US Power Grid May Become Unreliable This Summer, Watchdog Warns Authored by Naveen Athrappully via The Epoch Times, Parts of America could face difficulties in meeting electricity demand during the summer season, with renewable energy sources like wind and solar power posing a potential risk to reliable power supply, according to a report by the North American Electric Reliability Corporation (NERC). The NERC report classifies […]

  • First Images Of American Taxpayers’ $350 Million Completed Gaza Pier 
    by Tyler Durden on May 18, 2024 at 2:00 am

    First Images Of American Taxpayers’ $350 Million Completed Gaza Pier  The Pentagon is ‘proud’… and so is the Biden administration. But the US taxpayer?… “Today we began delivery of aid from the temporary pier on to the beach of Gaza for further distribution to the people by our partners,” US Central Command announced Friday. “This unique logistics capability facilitates the delivery of lifesaving humanitarian aid enabling a […]

  • Santa Monica Homeless Man Slapped With Felony Charges After Dragging Jogger By Ponytail
    by Tyler Durden on May 18, 2024 at 1:40 am

    Santa Monica Homeless Man Slapped With Felony Charges After Dragging Jogger By Ponytail Authored by Sophie Li via The Epoch Times (emphasis ours), A homeless man in Santa Monica was arrested earlier this week after allegedly dragging a female jogger by her ponytail across a beach path in what the victim believes to have been a failed attempt at sexual assault. Malcolm Jimmy Ward, Jr., 48. (Courtesy of Santa Monica Police […]

  • 25 Year Old BofA Analyst Dies Suddenly Of Cardiac Arrest While Playing Soccer At Industry Event
    by Tyler Durden on May 18, 2024 at 1:20 am

    25 Year Old BofA Analyst Dies Suddenly Of Cardiac Arrest While Playing Soccer At Industry Event A credit trader from Bank of America who was just 25 years old died suddenly on Thursday night while playing soccer at an industry event, a report by Yahoo/Bloomberg on Friday confirmed.  The credit portfolio and algorithmic trader, Adnan Deumic, reportedly “collapsed of a suspected cardiac arrest” and did not respond to medical […]

  • 2 House Panels Clear Contempt Resolutions Against AG Garland
    by Tyler Durden on May 18, 2024 at 1:00 am

    2 House Panels Clear Contempt Resolutions Against AG Garland Authored by Samantha Flom via The Epoch Times (emphasis ours), Attorney General Merrick Garland appears at a House Appropriations Committee hearing on Capitol Hill on April 16, 2024. (Andrew Harnik/Getty Images) Republicans on two House committees voted to hold Attorney General Merrick Garland in contempt of Congress on Thursday night despite President Joe Biden’s […]

  • China Unveils A Housing Market Bailout: Here’s What’s In It, And Why It Is Still Not Enough
    by Tyler Durden on May 18, 2024 at 12:40 am

    China Unveils A Housing Market Bailout: Here’s What’s In It, And Why It Is Still Not Enough More than four years ago, when China first launched its latest “deleveraging” campaign targeted at bursting the country’s housing bubble in a controlled fashion, which coincidentally was the single largest asset for China’s massive middle class, we – and many others – said that this experiment was doomed and that all China is doing is […]

  • CBO Report Obscures Negative Impact Of ‘Bidenomics’: House Budget Committee Chairman
    by Tyler Durden on May 18, 2024 at 12:20 am

    CBO Report Obscures Negative Impact Of ‘Bidenomics’: House Budget Committee Chairman Authored by Indrajit Basu via The Epoch Times, The chairman of the House Budget Committee has cast doubt on a recent Congressional Budget Office (CBO) report, which he says glosses over the failures of President Joe Biden’s economic policies. The White House has said its policies have led to economic growth “from the middle out and bottom […]

  • Texas Governor Pardons Man Convicted For Shooting Armed BLM Protester
    by Tyler Durden on May 18, 2024 at 12:00 am

    Texas Governor Pardons Man Convicted For Shooting Armed BLM Protester Defend yourself against violent BLM protesters and face an endless salvo of character assassination, not to mention potential prison time.  That was the message being sent by far-left activists and the establishment media from 2020 to 2023, specifically in their efforts to destroy the image of Kyle Rittenhouse and veteran Army Sergeant Daniel Perry.  In both […]

  • World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation”
    by Tyler Durden on May 17, 2024 at 11:40 pm

    World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation” The world’s #1 golfer Scottie Scheffler was arrested and taken to jail on several charges – including a felony charge of assaulting a police officer, after he tried to bypass a massive traffic backup to enter the Valhalla Golf Club in Louisville Kentucky. Scheffler was set to tee off for his second round of the PGA Championship at 8:48 ET […]

  • Hezbollah Launches First-Ever Airstrike On Israeli Territory
    by Tyler Durden on May 17, 2024 at 11:40 pm

    Hezbollah Launches First-Ever Airstrike On Israeli Territory Via The Cradle Hezbollah launched the first-ever Lebanese airstrike on an Israeli target on Friday, using a never-before-seen drone for the operation.  “In support of our steadfast Palestinian people in the Gaza Strip and in support of their brave and honorable resistance, the Islamic Resistance attacked at 1:38 pm on Thursday the Metulla site, its garrison, and its […]

  • “The Economics Just Don’t Work”: Demand For Electric Semis Plunges Due To High Costs
    by Tyler Durden on May 17, 2024 at 11:20 pm

    “The Economics Just Don’t Work”: Demand For Electric Semis Plunges Due To High Costs For the last year, we’ve been writing extensively about how high costs and low demand have made EVs uneconomical – and, as a result, unpopular to produce – for the auto industry. It turns out unionized employees extorting you on labor costs while the government mandates you produce a money-losing product isn’t a combination that leads to prosperity […]

  • Why The Dollar Will Lose Its Status As Global Reserve Currency
    by Tyler Durden on May 17, 2024 at 11:00 pm

    Why The Dollar Will Lose Its Status As Global Reserve Currency Authored by James Hickman via SchiffSovereign.com, By the early 400s, the Roman Empire was coming apart at the seams and in desperate need of strong, competent leadership. In theory, Honorius should have been the right man for the job. Born into the royal household in Constantinople, Honorius had been groomed to rule, practically since birth, by the finest experts in […]

  • America’s Dairy Cow Replacement Inventory Collapses To Two-Decade Low 
    by Tyler Durden on May 17, 2024 at 10:40 pm

    America’s Dairy Cow Replacement Inventory Collapses To Two-Decade Low  The nation’s food supply chain remains under stress. We’ve been sounding the alarm on America’s beef cattle supply dwindling to the lowest levels in over half a century. Now, Bloomberg reports that dairy farms are pivoting breeding programs toward beef-on-dairy hybrids, capitalizing on the low beef herds amid last year’s crushing milk glut. However, this […]

  • Full Fifth Circuit Hears Arguments Over the Fate Of Texas’ Floating Border Wall
    by Tyler Durden on May 17, 2024 at 10:20 pm

    Full Fifth Circuit Hears Arguments Over the Fate Of Texas’ Floating Border Wall Authored by Bill Pan via The Epoch Times, The legal saga over the fate of a 1,000-foot floating barrier on the Rio Grande has entered a new phase. Texas Gov. Greg Abbott last summer ordered the deployment of the string of giant orange buoys in the river near Eagle Pass. As a part of Operation Lone Star, the Republican governor’s signature […]

  • Jeff Currie, The Copper Bull: “Most Compelling Trade I’ve Seen In My 30-Year Trading Career”
    by Tyler Durden on May 17, 2024 at 10:00 pm

    Jeff Currie, The Copper Bull: “Most Compelling Trade I’ve Seen In My 30-Year Trading Career” Jeff Currie, who led commodities research at Goldman Sachs for nearly three decades and now serves as the chief strategy officer of the energy pathways team at Carlyle Group, appeared on Bloomberg’s Odd Lots to discuss why copper is the best trade he has seen in his entire career. The drive towards electrification, whether that’s […]

  • NBC Animal Documentary Claims “This Is A Queer Planet”
    by Tyler Durden on May 17, 2024 at 9:40 pm

    NBC Animal Documentary Claims “This Is A Queer Planet” Authored by Paul Joseph Watson via Modernity.news, A documentary set to be broadcast by NBC asserts that we live on a “queer planet,” in which homosexuality is widespread in the animal kingdom and there are more than two genders. Yes, really. The documentary, set to be aired on June 6, features one “expert” stating, “Everything you were taught as a kid is […]

  • Paul Pelosi Hammer Attacker Gets 30 Years In Prison
    by Tyler Durden on May 17, 2024 at 9:20 pm

    Paul Pelosi Hammer Attacker Gets 30 Years In Prison The man who snuck into the house of Rep. Nancy Pelosi (D-CA) in October of 2022 and attacked her husband Paul with a hammer at 2 a.m. has been sentenced to 30 years in prison. David DePape, 42, was convicted of assault and attempted kidnapping of a federal official last November following a week-long trial in San Francisco. The attack left Pelosi, now 84, in the hospital for six […]

  • The Decay Of Everyday Life
    by Tyler Durden on May 17, 2024 at 9:00 pm

    The Decay Of Everyday Life Authored by Charles Hugh Smith via OfTwoMinds blog, So where does this leave us? We’re on our own. This month I’ve described what can be summarized as The Decay of Everyday Life: the erosion of the fundamental elements of everyday life: work, opportunity, social mobility, security and well-being, which includes civility, conviviality and a functional, competent social-political order. In other […]

  • US Banks Suffer $80BN Deposit Decline, Money Market Fund AUM Rise As Stocks Soar
    by Tyler Durden on May 17, 2024 at 8:40 pm

    US Banks Suffer $80BN Deposit Decline, Money Market Fund AUM Rise As Stocks Soar For the fourth straight week, money market funds saw inflows (+$16.4BN), pushing back towards record highs above the $6 trillion level – the highest level in a month – after the seasonal tax-related dip… Source: Bloomberg Retail investors have piled into money funds since the Fed began one of the most-aggressive tightening cycles in decades in […]

  • WHO’s Fascist F**kery: “Homicidal Racketeering Scheme Masquerading As Disease Prevention”
    by Tyler Durden on May 17, 2024 at 8:20 pm

    WHO’s Fascist F**kery: “Homicidal Racketeering Scheme Masquerading As Disease Prevention” Authored by James Howard Kunstler via Kunstler.com, “If the government can suspend your rights anytime it deems something is a crisis, you don’t have rights. You have permissions.”  – “Pismo” on “X” While our country sleepwalks through the deadly aftermath of the evil Covid-19 operation, the World Health Organization (WHO) […]

  • Dismal Data Sparks Dollar Dump – Everything Else Rips On Record Week
    by Tyler Durden on May 17, 2024 at 8:00 pm

    Dismal Data Sparks Dollar Dump – Everything Else Rips On Record Week US Macro Surprise data declined for the sixth straight week… to its weakest since January 2023… Source: Bloomberg But that ‘bad news’ prompted a run to record highs for risky stocks… Source: Bloomberg As the market seems to be completely discounting the collapse in soft survey data… Source: Bloomberg The bad news prompted rate-cut expectations […]

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  • Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end
    by Mike Dalton on May 18, 2024 at 12:48 am

    Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate.

  • Kraken considers delisting USDT in Europe due to MiCA rules
    by Mike Dalton on May 17, 2024 at 11:15 pm

    Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it is “not tenable to list specific tokens such as USDT.” The EU’s regulatory landscape is set to change when the EU’s Markets in The post Kraken considers delisting USDT in Europe due to MiCA rules appeared first on CryptoSlate.

  • Scaramucci says institutional adoption of Bitcoin set to accelerate
    by Assad Jafri on May 17, 2024 at 9:59 pm

    SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters. Scaramucci made the statement during an interview on CNBC, where he highlighted the growing acceptance of Bitcoin among major financial institutions and pension funds. Scaramucci pointed to Wisconsin’s recent announcement of its The post Scaramucci says institutional adoption of […]

  • Tether holds more US Treasuries than Germany, ranks 19th globally
    by James Van Straten on May 17, 2024 at 9:14 pm

    Quick Take Tether reported a massive $4.52 billion profit in the first quarter of the year. Notably, the stablecoin issuer’s consolidated financial figures revealed that as of March 31, it held a staggering $91 billion in direct and indirect US treasury bill holdings. Meanwhile, the company also holds a substantial $5.4 billion in Bitcoin. Based The post Tether holds more US Treasuries than Germany, ranks 19th globally appeared first on […]

  • Warren expresses support for SEC’s controversial SAB 121 bulletin
    by Mike Dalton on May 17, 2024 at 8:54 pm

    Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance. She said that SAB 121 “simply clarifies” how companies should account for risks related to crypto The post Warren expresses support for SEC’s controversial SAB 121 bulletin appeared […]

  • Notcoin donates $7 million in tokens to Telegram and its founder Pavel Durov
    by Oluwapelumi Adejumo on May 17, 2024 at 8:08 pm

    Notcoin, a play-to-earn game, has donated over 1 billion NOT tokens, worth approximately $7 million, to Telegram and its founder, Pavel Durov. In a May 17 social media post, the Telegram-based project shared a screenshot showing its donation and a message expressing its gratitude to the messaging application and its founder. “Thanks for everything you The post Notcoin donates $7 million in tokens to Telegram and its founder Pavel Durov […]

  • Oklahoma enacts landmark legislation establishing rights to self-custody crypto
    by Assad Jafri on May 17, 2024 at 6:34 pm

    Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference. Republican Governor Kevin Stitt signed the ‘Bitcoin Rights’ bill — HB3594 — into law earlier this week. The legislation The post Oklahoma enacts landmark legislation establishing rights to […]

  • Bitcoin breaks through $67,000
    by James Van Straten on May 17, 2024 at 4:43 pm

    Quick Take Bitcoin went above the $67,000 mark, nearly hitting $67,500 — its highest level since April 13. The remarkable rally has triggered a wave of liquidations within the digital asset ecosystem over the past 24 hours. Approximately $122 million worth of positions have been liquidated, comprising $39 million in long positions and $84 million The post Bitcoin breaks through $67,000 appeared first on CryptoSlate.

  • Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
    by News Desk on May 17, 2024 at 4:00 pm

    Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector. Token Terminal Analysis Token Terminal’s comprehensive report offers crucial insights into key data points The post Token Terminal and Messari Release Research […]

  • Nigerian court denies bail to Binance executive, intensifying crypto industry tensions
    by Oluwapelumi Adejumo on May 17, 2024 at 3:37 pm

    A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country. Gambaryan, who turned 40 today, has been held by the Nigerian government since February. Speaking on his detainment, Noah Perlman, Binance’s chief compliance officer, said: “On this very unhappy birthday, a reminder that Tigran Gambaryan The post Nigerian court denies bail to Binance executive, intensifying crypto […]