Bitcoin is likely consolidating before its next upward push, traders agree, while the macro picture looks tricky for risk assets as the Fed stays hawkish. Key points: Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC price gains eventually returning, while overall faith in the bull...Continue Reading

Steady capital inflows and bullish technical data point to Bitcoin hitting new highs before the end of May. Key Takeaways: Bitcoin’s realized cap has grown by $30 billion since April 20, reflecting steady investor confidence and new capital inflows. A Bitcoin price consolidation pattern forecasts a potential 10% breakout by next week. Read moreContinue Reading

Altcoin season carries on as Bitcoin price consolidates throughout the week. Key points: Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000. Strong altcoin performances suggest an altseason has started. Read moreContinue Reading

The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE)...Continue Reading

Some vanished into the ocean, others into thin air. A few weren’t even dead. Zerebro developer Jeffy Yu has been found alive at his parents’ home in San Francisco, days after faking his suicide on a livestream that launched a supposed posthumous memecoin past $100 million. Yu’s case isn’t the first time crypto has blurred...Continue Reading

Canada categorized stablecoins as securities and/or derivatives in December 2022, a month after the collapse of cryptocurrency exchange FTX. Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins...Continue Reading

Summer Mersinger is expected to leave the commission three years before her term officially ends to lead the Blockchain Association. Summer Mersinger, one of four commissioners currently serving at the US financial regulatory body Commodity Futures Trading Commission (CFTC), will become the next CEO of the digital asset advocacy group the Blockchain Association (BA).  In...Continue Reading

Ethereum’s crypto market dominance has reached its most overheated levels since May 2021, which may lead to a sharp pullback in ETH prices. Key takeaways: Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at...Continue Reading

OORT’s AI image data set reached Kaggle’s front page in multiple categories, highlighting increasing demand for high-quality, community-sourced training data. An artificial intelligence training image data set developed by decentralized AI solution provider OORT has seen considerable success on Google’s platform Kaggle. OORT’s Diverse Tools Kaggle data set listing was released in early April; since then, it...Continue Reading

Scam crypto investment platforms are everywhere, and spotting them isn’t as complicated as you may think. Fake crypto investment platforms give themselves away in a few obvious ways. Many use fake reviews, incorrect contact information and unrealistic promises to lure you in. The best approach is a healthy dose of skepticism. Watching for these red...Continue Reading