Bookmarking Crypto Insights
The legal team for Samourai Wallet co-founders Keonne Rodriguez and William Hill has requested dismissal of criminal charges, citing newly disclosed FinCEN guidance that contradicted prosecutors’ claims and a recent Justice Department policy discouraging “regulation by prosecution” in the crypto sector. Legal Battle Looms as Samourai Founders Cite Brady Violations In a recent court filing … Read more
Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for … Read more
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion of the [fund’s] assets through one or more trusted … Read more
Ethena’s USDe stablecoin is now live on Hyperliquid’s decentralized exchange and HyperEVM blockchain, enabling daily rewards for users and cross-chain DeFi integrations. Hyperliquid Users Earn Rewards via USDe Balances on Hypercore and HyperEVM The USDe stablecoin, developed by Ethena Labs, has launched on Hyperliquid’s exchange and HyperEVM network, marking its expansion within the Hyperliquid ecosystem. … Read more
Indonesia has temporarily frozen World’s Electronic System Organizer Registration Certificate (TDPSE) due to alleged violations of electronic system regulations. World’s Violation of Electronic System Rules The Indonesian Ministry of Communication and Digital has temporarily frozen the Electronic System Organizer Registration Certificate (TDPSE) for World (formerly Worldcoin) and Worldid services, citing alleged violations of electronic system … Read more
Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a fraudulent scheme to manipulate the price of the platform’s token. In a May 2 filing in the US District Court for the Southern District … Read more
Key points: Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level. Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment. Select altcoins have held their support levels, increasing the likelihood of a short-term up move. Bitcoin (BTC) slipped below the breakout … Read more
BitcoinOS reports that it has successfully executed the first-ever bridgeless cross-chain transfer of bitcoin, moving 1 BTC between the Bitcoin and Cardano blockchains without relying on traditional intermediaries. Bridgeless Era Begins: BitcoinOS Transfers BTC to Cardano Using ZK Proofs The demonstration, conducted on mainnet, marks a pivotal advancement in blockchain interoperability. By wrapping 1 BTC … Read more
Key Takeaways: 88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024. The Market Value to Realized Value (MVRV) Ratio at 1.74 acts as a historical support zone, signaling cooling unrealized gains … Read more
Crypto markets slumped on Monday morning, with seven of the top ten cryptocurrencies in the red, including bitcoin. Market Dip Drags Bitcoin Under $94K While Equities Hold Steady Bitcoin (BTC) fell to $94K on Monday morning as crypto markets tumbled 1.06% to a market capitalization of $2.93 trillion, according to data from Coinmarketcap. Stocks traded … Read more
