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Cryptography News
Cryptoslate
19h
7
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US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1
- US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8.
- The company revealed investments in Fidelity's FBTC, Grayscale's GBTC, and BlackRock's IBIT, totaling $20 million.
- Rothschild firm separately disclosed spot Bitcoin ETF investments worth over $4.2 million on May 9.
- Several other companies have also disclosed investments in spot Bitcoin ETFs.
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Bitcoinmagazine
19h
315
7 Tips For Traveling With Bitcoin Keys
- Traveling with Bitcoin keys requires extra responsibility to maintain security. These seven tips should help keep you in control while minimizing risk.
- Only carry wallets and keys you need when traveling. Store larger amounts of Bitcoin in a secure cold storage setup, such as multisig.
- Consider the destination and travel plans when evaluating the risks of traveling with Bitcoin keys. Don't travel with seed phrase backups.
- Be cautious while traveling and don't make it public that you own substantial amounts of Bitcoin. Consider using a decoy wallet to protect your funds.
- Use multisig to reduce your risk when traveling. It also helps to have an inheritance plan in place.
- Sparrow, Electrum, or Caravan are tools you can use to construct multisig wallets yourself.
- Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and sponsor of related content published through Bitcoin Magazine.
- Check out their website for resources and special offers to upgrade your Bitcoin security.
- Proper Bitcoin key security is important. Check out the guides for seed phrase storage and safe deposit boxes safety.
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Zycrypto
19h
337
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Shiba Inu Ecosystem Blowing Up Massively As Bulls Look to Shibarium For Explosive Growth
- The Shiba Inu ecosystem, fueled by meme coin popularity, is experiencing significant growth.
- Shibarium, the layer-2 blockchain platform, has seen a 500% increase in transaction fees.
- Active accounts on Shibarium have surged by 211%, indicating increased user engagement.
- The future implications of this growth and its impact on the broader crypto market remain uncertain.
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Zycrypto
20h
330
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Pro-XRP Lawyers Predict Ripple Will Lose Motion Against SEC Even as XRP Army Anticipates $3 High
- Pro-XRP lawyers anticipate a setback for Ripple in its legal battle against the SEC.
- The focus is on a crucial motion regarding expert witness testimony, particularly the declaration by expert witness Andrea Fox.
- The outcome of the motion could weaken Ripple's position in the overall legal battle.
- Despite the legal uncertainties, XRP cryptocurrency has shown resilience in the market.
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NullTX
20h
48
Image Credit: NullTX
FRONTIER PRICE ANALYSIS & PREDICTION (May 9) – Front Signals Bull Run Following 120% Weekly Surge, Now Undergoing Slight Retracement
- Front experienced a 120% surge last week and is currently undergoing a slight retracement.
- After a bearish first quarter, Front rallied and reached $3.08 in mid-March before facing a correction.
- It hit a low of $0.57 in April but showed signs of strength and a bullish pattern on the weekly chart.
- The key levels to watch are $2, $2.5, and $3.08 for potential price movements.
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NullTX
20h
122
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TRON PRICE ANALYSIS & PREDICTION (May 9) – TRX Is Breaking Out Of An Inverse Head and Shoulder Pattern, Poises For A Big Move
- Tron TRX is displaying signs of strength and is set to reclaim its previous high following a reverse bullish formation on the daily chart.
- TRX formed an inverse head and shoulder pattern on the daily chart and has broken out of a key resistance level, targeting the $0.14 range.
- The bulls are likely to gain more dominance in the coming days, with resistance levels at $0.134, $0.144, and $0.155.
- Key support levels to consider are $0.124, $0.116, and $0.11, with a breakdown possibly reaching the $0.1 level.
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Cryptoslate
21h
178
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EU securities watchdog to review crypto eligibility for UCITS investments
- The European Securities and Markets Authority (ESMA) is reviewing the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities).
- ESMA's review is in response to a request from the European Commission to ensure that UCITS rules keep pace with the rapidly developing crypto sector.
- The current regulatory framework for UCITS funds does not specifically address digital assets like cryptocurrencies, leading to the need for a reevaluation of asset inclusion.
- ESMA is seeking input from stakeholders on how to adapt the UCITS framework to include digital assets and is particularly interested in the implications for investor protection and market stability.
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Financemagnates
21h
14
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SEC Chief Gary Gensler Slams Cryptocurrency Sector over Inadequate Disclosures
- SEC Chair Gary Gensler criticizes cryptocurrency sector for inadequate disclosures to investors.
- Most cryptocurrencies are considered securities and must comply with relevant laws.
- SEC issues Wells notices to Robinhood, Coinbase, and Uniswap.
- Gensler emphasizes the need for required disclosures and highlights the lack of regulatory compliance in the crypto space.
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Zycrypto
21h
357
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LBank To List Ethereum Blockchain’s New Bitcoin After ICO Ends 6/1
- LBank, a cryptocurrency exchange with 7-million users, has confirmed it plans to introduce the $MOLLARS token after the currently live token presale [here] ends June 1st.
- Mollars will indeed go on to listing on crypto exchanges for public trading. The project’s white paper states that 10 million tokens of the total token supply will be listed on exchanges.
- This new ERC-20 token is meticulously crafted and will be deflationary over time. The strategic move is underpinned by its remarkably scarce token supply, a mere 10 million tokens in total.
- With only 30% left of the presale stock, the project may burn all remaining tokens on the ICO date—this could further increase scarcity and make ownership after crypto exchanges list the token far more expensive.
- LBank Listing Marks a Milestone for Mollars: The recent announcement that Mollars (MOLLARS) is being listed on LBank, a prominent cryptocurrency exchange, should generally increase token value projections.
- Mollars has secured listings on reputable crypto exchanges like BitMart and LBank. This strategic move not only bolsters the project’s credibility but also opens doors to a broader base, paving the way for increased adoption and demand for the MOLLARS token.
- Presale buyers already own nearly 30% of the total token supply with the ICO end date scheduled for June 1st. The expected launch price: $0.62 per token with a potential 12% return for presale buyers buying at $0.55.
- Experts anticipate a remarkable trajectory for Mollars (MOLLARS) in 2024, with a projected growth of up to 4400%. This bullish sentiment is fueled by Mollars’ scarce-driven design, deflationary mechanisms, and strategic positioning as a Store of Value (SOV) challenging Bitcoin’s dominance.
- Token presale activity and the whitepaper plans are unprecedented, removing ‘ceilings’ on project potential.
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Cryptopotato
21h
323
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Binance Slapped With $4.4 Million Fine By Canadian Government
- Binance, the world's largest crypto exchange, has been fined $4.4 million by the Canadian government.
- The fine is a result of Binance's failure to comply with anti-money laundering rules and registrations as a foreign money services business.
- Binance also failed to report large virtual currency transactions exceeding $10,000 CAD.
- This fine comes after Binance's co-founder, Changpeng Zhao, was recently sentenced to four months in prison for AML violations.
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Zycrypto
21h
305
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Donald Trump Once Called Bitcoin A Scam, Now He’s Pledging To End Hostility Toward Crypto
- US Presidential candidate Donald Trump expressed his support for cryptocurrencies and pledged to end hostility toward crypto.
- Trump lamented that crypto-focused businesses are leaving the US due to the current administration's hostility.
- He plans to accept campaign donations in Bitcoin and other cryptocurrencies.
- Trump's shift in stance on crypto comes after previously calling Bitcoin a scam and expressing opposition to central bank digital currencies.
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Zycrypto
21h
301
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99Bitcoins Hitting the Milestones: Over 700M 99BTC Staked, Nearly 7k Airdrop Entries, and Over $1.1M Raised
- 99Bitcoins presale raises over $1.1 million in less than a month.
- Over 710 million 99BTC tokens staked with estimated rewards of 1530 p/a.
- Nearly 7,000 participants for the upcoming 99Bitcoins airdrop.
- Airdrop will occur on July 19 with a chance to win $99,999 in BTC.
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Zycrypto
21h
368
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Mega Dice Presale Turns Up The Heat: Why the Token Is Attracting Massive Attention?
- Mega Dice presale is nearing $1 million raised, with $836k raised so far.
- Tokens can be purchased with SOL, ETH, or BNB and offer access to Solana's top GameFi crypto.
- Mega Dice introduces a Refer & Earn program, offering rewards for onboarding users.
- Token holders receive daily rewards, limited edition NFTs, and early adopter bonuses.
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Zycrypto
21h
115
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New Meme Coin Presales Growing Steadily While Solana Faces Loss
- Solana is facing downward price fluctuations and challenges in surpassing the $200 level.
- Meme coins based on Solana, such as Sealana, Dogeverse, and Wiener AI, are experiencing successful presales and showing potential to outperform Solana meme coin.
- Solana's ecosystem is growing with a TVL of over $4.6 billion, but its price remains volatile due to substantial token transfers.
- Dogeverse, Sealana, and Wiener AI offer unique features and marketing strategies, indicating a growing interest in character-driven and technology-integrated meme coins.
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Cryptoslate
23h
198
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Robinhood CEO says SEC unwilling to facilitate crypto industry despite ‘good faith’
- Robinhood CEO Vlad Tenev criticizes SEC's approach to crypto industry.
- Discussions between Robinhood and SEC did not yield progress.
- SEC issues Wells Notice against Robinhood's crypto unit for alleged securities violations.
- Tenev emphasizes the importance of unfettered access to crypto for Americans.
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