- ‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correctionby Cointelegraph by Ciaran Lyons on 1 May 2024 in Rekt Capital, CoinGlass, Collective Shift, Ben Simpson
Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.
- ‘No signs’ of Bitcoin miner capitulation despite plummeting revenueby Cointelegraph by Tom Mitchelhill on 1 May 2024 in bitcoin mining, bitcoin miner profit, bitcoin halving
CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation.
- Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rightsby Jamie Redman on 2 May 2024 in News, Biden Administration, cryptocurrency industry, cynthia lummis, DOJ, DOJ court reply, Non Custodial, non-custodial software, non-custodial wallets, senator cynthia lummis, Wyoming
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency,
- Why is the crypto market down today?by Cointelegraph by Nancy Lubale on 1 May 2024 in why crypto is down today, why crypto is dropping, crypto market, bitcoin, btc price, dollar, Bitcoin ETF
The crypto market is down today as investors await news on the Federal Reserve’s interest rate policy, and the stall in spot BTC ETF inflows takes a toll on Bitcoin's price.
- Why is Bitcoin price down today?by Cointelegraph by Yashu Gola on 1 May 2024 in why is bitcoin price down, why is the crypto market down, what is Bitcoin price today, Bitcoin price, are cryptocurrencies Ponzi schemes, is crypto in a bear market, when will bitcoin price go up
Today's Bitcoin dip is influenced by anticipation of the Federal Reserve's hawkish rate decision and significant long position liquidations.
- What happens to lost Bitcoin?by Cointelegraph by Adrian Zmudzinski on 1 May 2024 in Bitcoin
Billions of dollars worth of Bitcoin are trapped in digital limbo. Discover the strange world of lost Bitcoin and what it means for the future of cryptocurrency.
- US Justice Dept charges Roger Ver with tax fraudby Cointelegraph by Turner Wright on 30 April 2024 in regulation, bitcoin, united states, taxes, fraud, department of justice, roger ver
The early crypto investor, often called “Bitcoin Jesus,” faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.
- US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024by Terence Zimwara on 2 May 2024 in Mining, bitcoin halving, Bitcoin mining, BTC
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins
- The reasons Bitcoin price is down 11% since the halvingby Cointelegraph by Helen Partz on 1 May 2024 in Bitcoin Halving, Bitcoin Price, BTC, Bitcoin ETF, Post-halving, Price drop, Cryptocurrency, Trading, Investments
Bitcoin’s current price action is “hardly a surprise,” given the extraordinary bullish action leading up to the fourth halving.
- Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launchby Cointelegraph by Zhiyuan Sun on 1 May 2024 in Crypto, Bitcoin, Solana
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.
- Price analysis 5/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIBby Cointelegraph by Rakesh Upadhyay on 1 May 2024 in Markets, Bitcoin, Ethereum, Binance Coin, Solana, Ripple, Dogecoin, Toncoin, Cardano, Avalanche, Shiba Inu, Price Analysis
Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging?
- Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Realityby Kevin Helms on 1 May 2024 in Markets and Prices, bitcoin bear market, Crypto, crypto celebrities, Cryptocurrency, gold advocates, Peter Schiff, spot bitcoin ETFs, stagflation
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff
- Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoinby Jamie Redman on 2 May 2024 in News, Bitcoin, BitID, Blockchain, Crypto, Cryptocurrency, decentralized systems, Digital Identity, Identity Verification, ION, microstrategy, Microstrategy Orange
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the Bitcoin Blockchain for Identity Management According to an unofficial draft on Github, the Orange platform leverages the Bitcoin Inscription DID method (did:btc), which incorporates data
- MicroStrategy to launch Bitcoin-based decentralized ID solutionby Cointelegraph by Brayden Lindrea on 2 May 2024 in MicroStrategy, Michael Saylor, MicroStrategy Orange, Orange For Outlook, Digital Signatures, Public Key, Private key, GitHub, Bitcoin For Coporations Conference
MicroStrategy has already built an application called Orange For Outlook on “MicroStrategy Orange,” which integrates digital signatures into emails to verify the identity of the sender.
- Meme coins: Betrayal of crypto’s ideals… or its true purpose?by Cointelegraph by Felix Ng on 1 May 2024 in Features
Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots.
- Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groupsby Bitcoin.com on 2 May 2024 in News Bytes, Crypto, Cryptocurrency, Department of Justice (DoJ), Jack Dorsey, Office of Foreign Assets Control (OFAC)
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing transactions with sanctioned nations and groups linked to terrorism. Allegations against Block include handling transactions
- Is Bitcoin price bouncing at 57K? Here's why these levels are keyby Cointelegraph by William Suberg on 1 May 2024 in Bitcoin, BTC price
Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside?
- How low can the Bitcoin price go?by Cointelegraph by Nancy Lubale on 30 April 2024 in Bitcoin, BTC price prediction, How low can Bitcoin price go, analysis
Bitcoin price is down 18.6% from its record high, and many analysts expect BTC to drop lower.
- Here’s what happened in crypto todayby Cointelegraph by Cointelegraph on 1 May 2024 in What happened in crypto, Bitcoin price today, BTC, crypto exchange regulation, what is Web3, is crypto a scam, regulating cryptocurrency, why did the Fed pause rates, will the Fed raise rates
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
- Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phaseby Kevin Helms on 1 May 2024 in Legal, Binance, Bitcoin, Changpeng Zhao, Crypto, crypto court cases, crypto regulations, Cryptocurrency, CZ, prison
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important,” Zhao emphasized. CZ: Binance