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Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service. According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first complete Know Your Customer (KYC) verification …
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Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, driven primarily by speculative investment, according to a recent report by the Bank for International Settlements (BIS). The BIS study, published May 8, found cross-border payments using the two largest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), and the two largest stablecoins, USDt (USDT) and …
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What is RISC-V? RISC-V, pronounced “risk five,” is a modern open-source instruction set architecture (ISA) based on reduced instruction set computer (RISC) principles. In simple terms, it’s like a blueprint that defines a set of instructions that a processor can execute. RISC-V is designed to be highly modular, efficient and flexible. Originally developed by the …
Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels. Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares. Total YTD …
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Bitcoin (BTC) launches into US CPI week with new multimonth highs as traders dig in for volatility. BTC price action is giving increasingly bullish signals, joined by a key cross on the weekly MACD indicator. The weekly close fell just short of expectations, raising doubts over whether price discovery will return in the immediate future. …
Continue reading “BTC bulls get 'biggest signal' — 5 Things to know in Bitcoin this week”
Ether’s market capitalization surged 42% in five days following the successful launch of Ethereum’s Pectra upgrade on its mainnet. On May 12, the company data tracker 8marketcap showed Ether (ETH) surpassing Coca-Cola and Alibaba, ranking as the world’s 39th-largest asset by market capitalization. ETH was trading at about $2,550 at publication time, with a market …
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Social engineering in crypto, explained In the world of cryptocurrency, security goes beyond just protecting your wallet with a password or private key. One of the most deceptive and increasingly dangerous threats to crypto users today is social engineering. While you might think of cyberattacks as highly technical affairs, social engineering manipulates the most vulnerable …
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Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union. Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo Europe a Markets in Crypto-Assets Regulation (MiCA) license to provide digital asset services in the EU, the firm announced on May 12. The …
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Key takeaways: Bitcoin broke above $105,700 after the US and China agreed to slash tariffs. A confirmed bull flag breakout on the weekly chart projects a $150,000. Bitwise’s sentiment index warns of potential short-term overheating. Bitcoin (BTC) bulls cheered a major development in the ongoing US-China tariff talks, with the cryptocurrency climbing over the $105,700 …
Continue reading “Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs”
Key takeaways Though Bitcoin doesn’t support native staking, holders can earn yield through centralized lending platforms, Wrapped Bitcoin (WBTC) on Ethereum, and Bitcoin-related networks like Babylon and Stacks. WBTC allows BTC holders to participate in lending, liquidity pools and yield farming on Ethereum-based DeFi platforms like Aave and Curve but introduces bridge and smart contract …
Continue reading “Can you stake Bitcoin (BTC)? Here’s what you need to know”
