Blockchain
Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges
Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time The price is now 23% below its recent pre-halving all-time high of $73,000 Data
Blockchain
Aevo and Pyth lead May’s $3 billion crypto token unlock wave
The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data Token unlocks involve the gradual release of coins initially held to
Blockchain
Alts signal hits new low, hinting at a potential altcoin rally
One of the many ways to analyze the crypto market is to compare the performance of its segments For the sake of simplicity, leading, large-cap ecosystems like Bitcoin (BTC) and Ethereum (ETH) can be
Blockchain
Matera raises $3.6 million to boost creator economy by fusing DeFi with social media
Web3 startup Matera successfully raised $36 million to build a platform to solve the monetization challenge prevalent in the creator economy, according to a press release shared with CryptoSlate The
Blockchain
Bitcoin reclaims key support above $60,000 after attempt to sweep March lows
Bitcoin (BTC) reclaimed the crucial $60,000 support level in a show of resilience after bears made an attempt to sweep the lows set in March at $59,000, based on CryptoSlate data The flagship crypto
Blockchain
Despite initial volume concerns, Hong Kong’s crypto ETFs launch with strong assets
Quick Take The highly anticipated Hong Kong exchange-traded funds (ETFs) tracking Bitcoin and Ethereum had their first trading day, and while the volume figures may have appeared underwhelming at
Blockchain
Roger Ver arrested in Spain after DOJ files tax fraud charges in the US
The US Department of Justice (DOJ) announced criminal charges against Roger Ver alongside his arrest on April 30 The DOJ charges include mail fraud, tax evasion, and filing false tax returns The
Blockchain
Newconomics Podcast launches with insightful discussions on the future of blockchain and Web3
The Newconomics events organization has launched a new podcast, offering an in-depth look at the rapidly evolving world of blockchain, crypto, and the emerging web3 landscape The Newconomics Podcast,
Blockchain
Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison
Former Binance CEO Changpeng Zhao has been sentenced to four months in prison, according to a report from Bloomberg on April 30 Zhao said during sentencing: “I failed here … I deeply
Blockchain
Bitcoin market absorbs 1 million BTC in 5 months
Quick Take While Bitcoin currently trades approximately 20% below its all-time high, the more compelling narrative unfolds within the dynamic flow of coins between short-term holders (STHs) and
Blockchain
McHenry slams Gensler for misleading Congress about Ethereum’s classification
House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023 The
Blockchain
Expert fears resurgence of ‘environmental narrative’ as US coal miner generates $30 million by mining Bitcoin
Alliance Resource Partners (ARLP), a US-based coal mining company, said it has successfully mined 425 Bitcoin worth $30 million by harnessing excess energy from its facilities, according to its