Archives par catégorie: Flash News

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to […]

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed […]

Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points: Bitcoin made a new all-time high, but the bulls will have to sustain the higher levels for the momentum to pick up. Several altcoins have bounced off their respective support levels, signaling a positive sentiment. Analysts expect Bitcoin to maintain its positive momentum and surge above $200,000 by the end of the year. […]

Coinbase breach hit almost 70k users — Attorneys

Coinbase breach hit almost 70k users — Attorneys

A recent filing with Maine’s attorney general sheds new light on Coinbase’s data breach, claiming that nearly 70,000 users were impacted and that the incident went unnoticed for nearly six months. According to the filing submitted by legal firm Latham and Watkins LLP, 69,461Coinbase users were compromised by the breach, 217 of whom are residents […]

Interest groups, lawmakers to protest Trump's memecoin dinner

Interest groups, lawmakers to protest Trump's memecoin dinner

Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trump’s memecoin dinner on May 22. The event’s attendees are said to have collectively spent over $100 million for the chance to meet with […]

Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide

Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide

Key takeaways: Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals. The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops. Bitcoin (BTC) might be approaching the final stage of its current market cycle […]

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed […]

Bitcoin bulls grill sellers as Japan debt woes send gold past $3.3K

Bitcoin bulls grill sellers as Japan debt woes send gold past $3.3K

Key points: Bitcoin and gold move higher in step amid jitters over Japan’s debt problem reach “boiling point.” $108,000 remains a keen target for Bitcoin bulls amid ongoing corporate buying. Some still see the current BTC price uptrend coming to an abrupt end. Bitcoin (BTC) kept up pressure on $108,000 at the May 21 Wall […]

Crypto's real momentum isn't in the charts; it's in developer activity

Crypto's real momentum isn't in the charts; it's in developer activity

Opinion by: Markus Levin, co-founder of XYO The crypto community often experiences periods of heightened anxiety. Market downturns are often triggered by counterproductive sentiment-driven events rather than by fundamental issues, creating a significant disconnect between price behavior and the actual progress being made within the industry by the companies within it. What often goes unnoticed […]

Bitcoin hits new all-time high of $109K as trade war tensions ease

Bitcoin hits new all-time high of $109K as trade war tensions ease

Bitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence. Bitcoin (BTC) set a new high of $109,400 on May 21, rising more than 26% in the past month, according to data from TradingView. This climb to a record high […]

Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout

Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout

Key points: Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond. Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold. Ether’s recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is “now […]

Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory

Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory

Key takeaways: The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally. Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In […]

AI tool claims 97% efficacy in preventing ‘address poisoning’ attacks

AI tool claims 97% efficacy in preventing ‘address poisoning’ attacks

Crypto cybersecurity firm Trugard and onchain trust protocol Webacy have developed an artificial intelligence-based system for detecting crypto wallet address poisoning. According to a May 21 announcement shared with Cointelegraph, the new tool is part of Webacy’s crypto decisioning tools and “leverages a supervised machine learning model trained on live transaction data in conjunction with […]

Hong Kong passes stablecoin bill, set to open licensing by year-end

Hong Kong passes stablecoin bill, set to open licensing by year-end

Hong Kong’s Legislative Council passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill had passed its third reading, clearing the final hurdle […]

Guatemala’s largest bank integrates blockchain for cross-border payments

Guatemala’s largest bank integrates blockchain for cross-border payments

Guatemala’s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology.  SukuPay’s infrastructure has been fully embedded inside the Zigi payment app, allowing Guatemalans to receive funds from the United States instantly for a $0.99 flat fee, the company […]

GENIUS Act ‘legitimizes’ stablecoins for global institutional adoption

GENIUS Act ‘legitimizes’ stablecoins for global institutional adoption

Stablecoin adoption among institutions could surge as the United States Senate prepares to debate a key piece of legislation aimed at regulating the sector. After failing to gain support from key Democrats on May 8, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the US Senate in a 66–32 procedural vote […]

Bold Technologies and My Aion launch $2.5B smart city AI platform

Bold Technologies and My Aion launch $2.5B smart city AI platform

Abu Dhabi-based Bold Technologies, a subsidiary of conglomerate Bold Holdings, has partnered with international artificial intelligence company My Aion to launch a $2.5 billion smart-city initiative aimed at transforming urban infrastructure through AI. The companies announced the development of a platform called Aion Sentia Cognitive City, which manages complex urban systems. The platform will be […]

Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report

Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report

Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market, a steep climb from just $1.5 billion and a 1% market share at the start of 2024. One of the biggest winners is Pendle, a decentralized protocol that enables users to lock in fixed yields or speculate on variable […]

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi

Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union. The Swiss crypto financial service provider received the in-principle approval through its subsidiary BTCS (Middle East), according to a May […]