A naukri.com initiative
Bitcoin News
Bitcoinsensus
2d
337
Image Credit: Bitcoinsensus
SEC Drops the Case Against Kraken
- SEC dropped the case against Kraken, which began in November 2023, and the dismissing occurred with prejudice, so can’t be re-filed.
- The termination with prejudice means that the case is closed permanently and cannot be reopened on the same grounds.
- The SEC's decision to dismiss the case is part of its ongoing efforts to reform and renew its regulatory approach to the crypto industry.
- This move by the SEC indicates a reversal of cryptocurrencies, prioritizing the closure of cases they don't want to allocate resources to.
Read Full Article
20 Likes
Coindoo
2d
290
Image Credit: Coindoo
One More American State Introduces Bitcoin Reserve Bill to Hedge Against Inflation
- The Strategic Digital Assets Reserve Act (H4256) has been introduced in South Carolina.
- The bill aims to allocate up to 10% of state-held funds into Bitcoin as a hedge against inflation and economic instability.
- The legislation allows for public disclosure of wallet addresses and emphasizes the use of cold wallets or certified custodians for storage.
- South Carolina residents can make voluntary Bitcoin contributions, promoting digital asset adoption in the state.
Read Full Article
17 Likes
Livebitcoinnews
2d
172
Image Credit: Livebitcoinnews
UAE to Launch Digital Dirham by End of 2025
- UAE is set to launch Digital Dirham by the end of 2025 to modernize its financial system and strengthen its position as a global financial hub.
- New symbols representing the physical and digital Dirham reflect the UAE's shift towards electronic payment systems.
- Digital Dirham offers secure, government-backed transactions, providing enhanced security, regulatory control, and monetary stability benefits.
- The partnership between Saudi Arabia and the UAE aims to enhance mutual financial operations and ensure smoother international payment processes using the Digital Dirham.
Read Full Article
10 Likes
Coindoo
2d
247
Image Credit: Coindoo
Bitcoin Core Update Released with Key Enhancements: Everything You Need to Know
- Bitcoin Core v29.0rc2 released with significant updates.
- Changes to peer-to-peer network, mempool policy, and mining processes.
- Introduction of 'ephemeral dust' for zero-fee transactions.
- Enhancements to wallet, build system, and overall security.
Read Full Article
14 Likes
Livebitcoinnews
2d
62
Image Credit: Livebitcoinnews
Zeus Network Announces Apollo First On-Chain Bitcoin Exchange on Solana
- Zeus Network has launched APOLLO, the first on-chain Bitcoin exchange on Solana, introducing zBTC, a permissionless Bitcoin asset for seamless integration into Solana's DeFi ecosystem.
- APOLLO allows users to lock native BTC and mint zBTC on Solana, offering a trustless experience without custodial issues or KYC processes. The platform has processed more than $40 million in on-chain volume during private mainnet testing.
- Users can now swap zBTC on Jupiter, borrow against it on Raydium, HawkFi, and Meteora, and access advanced yield optimization strategies through Drift and Neutral Trade, providing flexibility in a secure, non-custodial environment.
- Zeus Network's multi-chain framework, powered by the Solana Virtual Machine (SVM), supports permissionless cross-chain interaction between Bitcoin and other blockchain protocols, solidifying Solana's position as a decentralized finance leader.
Read Full Article
3 Likes
Cryptopotato
2d
19
Image Credit: Cryptopotato
Bitcoin Price Analysis: Is $80K Next for BTC After Losing $85K Support?
- Bitcoin is facing weak demand and a potential rejection, putting the $80K support level at risk in the coming days.
- On the daily chart, BTC experienced a minor rejection after briefly surpassing the 200-day moving average at $85K, suggesting a potential false breakout and a bull trap.
- The 4-hour chart shows Bitcoin's downtrend within a descending price channel, with resistance at the upper boundary of the channel at $88K, increasing the likelihood of continued consolidation within the channel.
- On-chain analysis indicates a decline in funding rates, nearing zero, signaling a shift toward seller dominance and a potential deep consolidation phase for Bitcoin before resuming its upward trajectory.
Read Full Article
1 Like
Crypto-News-Flash
2d
306
Image Credit: Crypto-News-Flash
Bitcoin’s Bullish Momentum Slows—Can BTC Overcome Macro Index Bear Signal
- Bitcoin's market indicators suggest possible downward extension and turbulence in the market.
- Bitcoin's price declines by 2% in the last 24 hours, falling below the $87k support level.
- Bitcoin Macro Index shows bearish divergence, indicating a potential bearish run.
- Analysts predict that Bitcoin could bounce back to $126k before June 1 and hit a new all-time high.
Read Full Article
18 Likes
Livebitcoinnews
2d
141
Image Credit: Livebitcoinnews
Bpifrance Launches €25M Fund to Boost Crypto in France
- France's state-owned investment bank, Bpifrance, has launched a €25 million fund to support cryptocurrency projects in the country.
- The fund aims to enhance the blockchain system and digital asset innovation in France.
- Bpifrance has been involved in blockchain funding activities for many years and has invested in several blockchain startups.
- The bank will focus on supporting projects in decentralized finance, tokenization, artificial intelligence, and identity certification.
Read Full Article
8 Likes
TronWeekly
2d
208
Image Credit: TronWeekly
Robert Kiyosaki Hails Silver as Top Pick Over Bitcoin and Gold Today
- Robert Kiyosaki has shifted his focus from Bitcoin and gold to silver as his top investment choice.
- He predicts that silver will soon reach $70 and climb to $200 within two years.
- Kiyosaki believes silver is currently undervalued and presents an opportunity for small investors.
- According to Kiyosaki, while silver is his current preferred investment, he recognizes the long-term value of Bitcoin.
Read Full Article
12 Likes
Crypto-News-Flash
2d
55
Image Credit: Crypto-News-Flash
BTC Price Stabilizes as ETH & XRP Show Weakness—Market Outlook
- Bitcoin (BTC) stabilized around $87,000, while the RSI reflects uncertainty at 49.
- Ethereum (ETH) lost 4% after hitting $2,081 on Monday, slipping below the $2,000 mark.
- XRP saw a correction after last week’s 7% rally, nearing its 100-day EMA support at $2.31 with an RSI of 46, indicating bearish pressure.
- Bitcoin remains steady at $87,000 as its RSI reflects uncertainty, while ETH and XRP show weakness and face resistance at key levels.
Read Full Article
3 Likes
Livebitcoinnews
2d
311
Image Credit: Livebitcoinnews
HashKey and Bosera Launch First Tokenized Money Market ETF
- HashKey and Bosera have launched the world's first tokenized money market ETFs.
- The ETFs have been approved by the Hong Kong Securities and Futures Commission and will launch in April.
- The tokenization process via HashKey Chain enhances transparency and liquidity of Bosera's money market ETFs.
- This milestone represents the integration of traditional finance with blockchain technology.
Read Full Article
18 Likes
Stackexchange
2d
283
Image Credit: Stackexchange
Why can't Lightning Network nodes opt to reveal channel balances for better routing efficiency?
- Lightning Network nodes currently do not reveal channel balances for privacy reasons.
- Revealing channel balances could potentially improve routing efficiency in the Lightning Network.
- However, allowing opt-out options to reveal balances would compromise privacy.
- While some well-known and large nodes might benefit economically from revealing balances, it is unlikely to be a widespread practice.
Read Full Article
17 Likes
Cryptopotato
2d
248
Image Credit: Cryptopotato
Ripple vs. SEC Lawsuit Closure Paves the Way for XRP ETFs, BTC Erases Recent Gains: Weekly Recap
- Bitcoin (BTC) erased recent gains as it struggled to maintain its run and dropped rapidly.
- Ripple (XRP) dropped 8% after its lawsuit closure against the SEC, despite the victory.
- Alts like TON, SUI, AVAX, DOGE, and SHIB posted notable gains during the week.
- Market update: BTC at $84,440 (+0.5%), ETH at $1,887 (-3.4%), and XRP at $2.19 (-8%).
Read Full Article
14 Likes
Bitcoinsensus
2d
86
Image Credit: Bitcoinsensus
Solana Price Prediction: More Drop Before a Rebound?
- Solana is reacting to an H2 demand zone, but liquidity below could push it lower.
- A deeper demand zone might offer a stronger bounce opportunity.
- The market remains unpredictable—watch for a structural shift before making a move.
- Solana has been playing mind games with traders lately, with potential for a deeper drop before a rebound.
Read Full Article
5 Likes
Livebitcoinnews
2d
359
Image Credit: Livebitcoinnews
Galaxy Digital Reaches $200M Settlement in LUNA Case
- Galaxy Digital has agreed to pay a $200 million settlement to the New York Attorney General’s Office in the LUNA case.
- The company promoted LUNA while secretly selling millions, resulting in significant profits.
- The New York AG accused Galaxy Digital of misleading investors by withholding information about the sales.
- As part of the settlement, Galaxy Digital will establish regulations to prevent conflicts of interest and ensure transparency.
Read Full Article
21 Likes
For uninterrupted reading, download the app