Just another WordPress site
A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media. According to a May 6 Financial Times report, the crypto traders earned roughly $100 million from buying $2.6 million worth of MELANIA tokens before the public launch on Jan. 19. Shortly …
Continue reading “FT report suggests advance knowledge of Melania Trump memecoin launch”
Key Takeaways: The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge. The weak US dollar and gold rally signal a shift to scarce assets. The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While …
21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said. The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement. Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange. The chain is …
Continue reading “21Shares launches ETP for Crypto.com's Cronos token”
Key Takeaways: Data shows Bitcoin bulls opening margin long positions from $94,400. A $189 million increase in Bitcoin futures open interest and a 15% increase in trading volume show sustained buying interest. BTC momentum tends to slow before FOMC meetings and then turns volatile afterward. The same could happen following this week’s Federal Reserve statements. …
Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state’s treasurer to invest in cryptocurrencies, including Bitcoin (BTC). In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to “invest in cryptocurrency and precious metals” through a bill passed in the state Senate and …
Continue reading “New Hampshire governor signs crypto reserve bill into law”
Asset manager Standard Chartered predicts that Binance’s ecosystem token, BNB, could more than double in price this year, according to an analyst report reviewed by Cointelegraph. The asset manager sees BNB’s price rising to approximately $1,275 per token by the end of 2025 and as high as $2,775 by the end of 2028, according to …
Continue reading “Standard Chartered sees BNB more than doubling in 2025”
Key Takeaways: The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing. Despite the recent decline in network activity, bullish macro indicators like the Macro Chain Index (MCI) suggest Bitcoin could soon rally above $100,000. On May 5, the Bitcoin …
TL;DR: Not sure if you’re in a bull or bear market? This guide breaks down how to spot the difference using price action, volume, sentiment and onchain data. Learn how to recognize market cycles, what signals to watch for and how to adjust your strategy for each phase so you can trade smarter. Crypto markets …
Continue reading “Is it a bull or bear market? How to tell the difference”
For months, Cointelegraph took part in an investigation centered around a suspected North Korean operative that uncovered a cluster of threat actors attempting to score freelancing gigs in the cryptocurrency industry. The investigation was led by Heiner Garcia, a cyber threat intelligence expert at Telefónica and a blockchain security researcher. Garcia uncovered how North Korean …
Continue reading “North Korean spy slips up, reveals ties in fake job interview”
Opinion by: Barna Kiss, CEO of Malda An idea recently floated by some prominent thinkers in the Ethereum space to reclaim value for the mainnet is the taxing of its Layer-2s. The future of Ethereum does not depend on policy but on enabling frictionless capital movement between the L2s in question. Tariffing rollups may appear …
Continue reading “Frictionless flows are Ethereum's path to economic dominance”
