Bitcoin price is in a tug-of-war between the bulls and bears, with big overhead resistance at $98,000 in place and several key support levels below. Key takeaways: Bitcoin failed to break the $98,000 resistance amid increased profit-taking. BTC price needs to close above $95,000 on the daily chart for a push to $100,000. Read moreContinue Reading

Tether AI’s crypto payment support will be enabled via a newly launched wallet development kit that enables self-custodial wallets for Bitcoin and Tether’s USDt. Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5...Continue Reading

OKX said its upgrades to the re-launched DEX aggregator include measures to identify suspicious or fraudulent onchain activity from hackers and other bad actors. Crypto exchange OKX has brought its decentralized exchange (DEX) aggregator back online with new security upgrades after it was paused in March to prevent further misuse by the North Korean hacking...Continue Reading

Michael Saylor’s Strategy slowed Bitcoin buying last week as BTC neared $100,000, while Semler Scientific ramped up its crypto investments. Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000. Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week...Continue Reading

Kyrgyzstan signed a memorandum of understanding with Binance to launch Binance Pay in the country. Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to build Kyrgyzstan’s national crypto reserves. On May 5, Zhao shared on X that he had advised Kyrgyzstan to start with Bitcoin (BTC) and BNB...Continue Reading

Ethereum co-founder Vitalik Buterin said rollups should decentralize only when proof systems are strong enough to make centralization the greater risk. Ethereum co-founder Vitalik Buterin explained when rollup-based layer-2 platforms should go decentralized, and why “as soon as possible” is not the correct answer. In a May 5 X post, Buterin said there is a...Continue Reading

Indonesia’s digital ministry is seeking public input on its probe into World’s local operators, alleging suspicious activity and registration violations. OpenAI CEO Sam Altman’s digital identity project, World, formerly known as Worldcoin, faces challenges in Indonesia after local regulators temporarily suspended its registration certificates. The Indonesian Ministry of Communications and Digital (Komdigi) has halted the...Continue Reading

Notcoin co-founder Vladimir Plotvinov told Cointelegraph that the tap-to-earn gaming era has come to a close as developers focus on creating fun games. Notcoin, one of the most prominent Web3 gaming projects of 2024, said the tap-to-earn genre is “probably dead” as Web3 gaming shifts to more fun and engaging projects. During Token2049 in Dubai,...Continue Reading

Aptos’ head of ecosystem, Ash Pampati, said the catalyst for broader user adoption will be something new, rather of recreating memecoins or NFTs. While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.” In...Continue Reading

A co-founder of one of the first Bitcoin exchanges has launched a website aimed at bringing back Bitcoin faucets, where users can earn Bitcoin by solving “CAPTCHA” tasks. Early Bitcoin entrepreneur Charlie Shrem says he’s working on bringing back the Bitcoin faucet — a website that hands out Bitcoin to whoever solves CAPTCHA tasks, normally...Continue Reading