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Cryptocurrency News
TheNewsCrypto
3d
167
From Solana to Shelves: Ponke’s Leap Into Global Licensing
- Ponke, a digital phenomenon from the Solana blockchain, is partnering with 223, the venture innovation division of JCorp, to expand into physical consumer markets globally.
- Ponke's unconventional growth within the Solana ecosystem, driven by community engagement and viral memes, sets it apart as a rebellious brand with a strong digital following.
- The collaboration with 223, leveraging JCorp's expertise in licensed consumer products, aims to translate Ponke's digital success into tangible goods for a broader consumer base.
- The focus on 'phygital' collectibles using NFC chip technology highlights Ponke's digital-first identity and offers innovative ways for consumers to interact with the brand, enhancing its appeal in the physical world.
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Securityaffairs
3d
71
Image Credit: Securityaffairs
Coinbase data breach impacted 69,461 individuals
- Coinbase disclosed that a recent data breach impacted 69,461 individuals after overseas support staff accessed customer and corporate data improperly.
- Rogue contractors stole data on under 1% of users from Coinbase and demanded $20 million; breach initially disclosed in an SEC filing.
- Unauthorized data access was detected by support personnel, prompting termination, enhanced monitoring, and user alerts; breach involved a coordinated campaign.
- Exposed data did not include passwords, private keys, or customer funds but included contact details, partial SSNs, bank info, ID images, account history, and limited internal documents.
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Bitcoinist
3d
206
Image Credit: Bitcoinist
Bitcoin At $118,000 Before June? Trader Reveals When As Weekly MACD Turns Bullish
- Crypto trader James Wynn predicts Bitcoin to hit an all-time high of $118,000 by the end of next week, citing bullish indicators on the charts.
- Despite Bitcoin's price currently hovering between $102,000 and $106,000, Wynn expects the price to continue rising after showing strength above $100,000.
- Wynn notes that market makers might have pushed the price down over the weekend to liquidate late long positions, but with many already liquidated, there's less pressure to keep it down.
- The trader, known for successful trades on Hyperliquid, suggests that Bitcoin's recent bullish momentum and positive chart indicators indicate a potential run-up towards new highs in the coming weeks.
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TronWeekly
3d
214
Image Credit: TronWeekly
Texas Inches Closer to State Bitcoin Reserve With House Bill Progress
- The Texas House of Representatives passed Senate Bill 21 with a strong bipartisan vote of 105-23, advancing the state's efforts towards creating a state-managed Bitcoin reserve.
- An amendment to the bill extended the required market capitalization period for crypto assets from 12 to 24 months, ensuring the reserve holds assets with sustained market stability.
- The approved legislation establishes a Bitcoin reserve as a special fund managed by the state comptroller, aiming to improve financial operations and asset management amidst economic changes.
- After further steps and evaluation, Texas could potentially become the second state to have an official Bitcoin reserve, showcasing its leadership in crypto laws and financial innovation.
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Coinjournal
3d
95
Image Credit: Coinjournal
Astar Network scores Animoca Brands partnership: will ASTR price surge?
- Astar (ASTR) price traded around $0.03, with a bearish market outlook.
- Partnership with Animoca Brands could help ASTR’s price bounce, despite recent downside trends.
- Astar Network announced a collaboration and investment from Animoca Brands to enhance its position in the gaming ecosystem.
- There are plans for further collaboration and potential unveiling of an Intellectual Property and entertainment-focused fund between Astar and Animoca Brands.
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5 Likes
TheNewsCrypto
3d
314
Stablecoin Issuers in Hong Kong Must Get HKMA Approval Under New Law
- All stablecoin issuers in Hong Kong must obtain licenses from the HKMA under the new Stablecoins Bill.
- License requirements include adhering to strict AML and reserve compliance measures, maintaining adequate reserves, and segregating client assets from company funds.
- Licensed firms are the only ones allowed to advertise stablecoins to prevent misleading promotions and scams.
- The regulation aims to align with global best practices, promoting a healthy ecosystem for digital assets while addressing the increasing crypto adoption in Hong Kong.
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18 Likes
99Bitcoins
3d
334
Who is Attending Trump’s Crypto Dinner Tomorrow? And Who is Protesting Outside?
- Chinese billionaire and Tron founder Justin Sun, the largest holder of Trump's memecoin, will attend Trump's Memecoin Gala dinner.
- US Senator, including Rep. Maxine Waters, will be protesting outside Trump's dinner over 'pay-for-access' concerns.
- The event is considered an intersection of politics and crypto, with controversy surrounding Trump's involvement in memecoin and stablecoin ventures.
- Despite protests, the dinner is expected to be a networking event for crypto industry leaders, with Sun being no stranger to high-profile events.
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TechCrunch
3d
378
Image Credit: TechCrunch
Coinbase says its data breach affects at least 69,000 customers
- Coinbase disclosed a data breach affecting at least 69,461 customers' personal and financial information.
- The breach occurred from December 26, 2024, until earlier this month, with a hacker demanding $20 million as ransom, which Coinbase refused to pay.
- The stolen data includes customer names, email addresses, phone numbers, government-issued ID documents, account balances, and transaction histories.
- The hacker gained unauthorized access through bribing Coinbase customer support workers, leading to concerns about wealthy customers being targeted.
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Cryptopotato
3d
107
Image Credit: Cryptopotato
Is BlackRock’s Spot Bitcoin ETF IBIT Becoming Too Big to Ignore?
- BlackRock's IBIT, a spot Bitcoin ETF, has emerged as the dominant player in the ETF space with over 636,000 BTC holdings.
- Institutional investors increasingly view IBIT as the primary vehicle for Bitcoin exposure, leading to questions about market monopoly.
- The concentration on IBIT raises concerns about market structure, liquidity, and the potential for smaller ETF closures or mergers.
- Heavyweight investors like Mubadala Investment Company, Citadel Advisors, and Avenir Group have significantly increased their stakes in IBIT, indicating growing institutional trust.
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Bravenewcoin
3d
47
Image Credit: Bravenewcoin
Can FLOKI Escape Its Bearish Channel With Sustained Upward Pressure?
- Traders are watching for a potential trend reversal for FLOKI, as it rebounds from a macro support level and approaches key resistance.
- On-chain activity and technical patterns hint at a potential breakout for FLOKI amid prevailing uncertainty in the broader crypto market.
- Analysts suggest predefined price targets for FLOKI/USDT and emphasize the importance of disciplined risk management in trading.
- FLOKI's price movement indicates a consolidation phase with short-term speculative activity, while technical patterns point to critical decision zones for a potential rally.
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2 Likes
Bitcoinmagazine
3d
382
Sangha Renewables Launches 20 MW Bitcoin Mining Facility Powered by Solar Energy
- Sangha Renewables has launched a 19.9-megawatt bitcoin mining facility in West Texas powered by solar energy.
- The project aims to merge sustainable power with digital asset infrastructure, with $14 million already raised towards a $17 million target.
- The facility, developed in partnership with an independent power producer, will use underutilized renewable assets for bitcoin mining, offering attractive returns for investors.
- With operations set to start in Q3 2025, the facility is expected to provide one of the lowest power costs in North America, showcasing Sangha's commitment to sustainable bitcoin infrastructure.
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TronWeekly
3d
362
Image Credit: TronWeekly
Ethereum (ETH) Volume Spike Triggers Caution as Pullback Risks Mount
- Ethereum has surged by 61.5% in the past 30 days, surpassing Bitcoin and currently trading above $2,500.
- Data from CryptoQuant suggests Ethereum's trading volume has shifted from Cooling to Overheating, indicating a potential short-term pullback.
- Despite signs of fatigue, technical analysis shows a repeated 'Golden Cross' pattern, hinting at a possible rise towards $3,000.
- Key resistance levels for Ethereum include $2,585 and $2,620, while key support levels are at $2,500 and $2,250. Technical indicators point towards a constructive trend despite the possibility of a pullback.
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21 Likes
TheNewsCrypto
3d
207
THENA Unveils V3,3: Modular Liquidity Layer Goes Live for BNB Chain
- THENA introduces V3,3, a modular liquidity layer on BNB Chain that offers flexibility in AMM design and sustainable rewards for contributing players.
- V3,3 upgrade includes a redesign governance model, additional liquidity tools, and a modular architecture with Plugins for programmable liquidity on BNB Chain.
- The upgrade enables liquidity pools to adjust in real-time without redeployment, supports a unified gauge model for liquidity providers, and introduces automated governance features.
- Users have access to an Open Beta to experience the new features, with gauge voting starting today and full emissions migration scheduled for May 29, supported by a migration guide and visual interface.
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12 Likes
TronWeekly
3d
83
Image Credit: TronWeekly
Is XRP a Good Investment? New Data Shows Bitcoin Solaris Offers Better Bitcoin-Like Growth Potential
- XRP's growth potential as an investment is being questioned due to delays, legal issues, and stagnant price action, while Bitcoin Solaris is emerging as a promising alternative with better growth prospects.
- Bitcoin Solaris offers modern features and a wealth opportunity similar to early Bitcoin success, with unique attributes like high transactions per second, low energy consumption, and mobile mining through the Solaris Nova App.
- Bitcoin Solaris is gaining traction with influencers and communities, presenting real growth during its presale phases, attracting significant investor interest, and projecting potential returns of 1,900%.
- For investors seeking Bitcoin-like growth, Bitcoin Solaris is positioned as a more promising choice compared to XRP, with its innovative features, high speed, low energy use, and the ongoing presale indicating significant potential for growth in the crypto market.
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5 Likes
Cryptopotato
3d
266
Image Credit: Cryptopotato
Bitcoin Price Analysis: Is This the Final Pullback Before a New All-Time High?
- Bitcoin is approaching its all-time high after a strong breakout above $100K. Price consolidation near the ATH level indicates a potential pause or exhaustion in the uptrend.
- On the daily chart, BTC broke out of a descending channel and is trading above the 100-day and 200-day moving averages, signaling strong bullish momentum.
- The 4-hour chart shows Bitcoin in a rising channel near $108K, with potential for a breakout to new highs or a support test at $104K.
- Sentiment analysis reveals elevated funding rates favoring long positions, while declining exchange reserves support the bullish narrative. The next few days will determine if the rally continues or a deeper correction is needed.
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