America should learn from the optimism of HODLing
History is littered with failed predictions about the future of technology. Have we learned anything along the way?
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Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries. 136 Total views 16 Total shares Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all…

Bitcoin dominance hits 6-month lows as metric proclaims new ‘alt season’
Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already "alt season."Figures from CoinMarketCap and TradingView show that BTC currently makes up around 41% of the overall crypto market capitalization — its lowest since the start of 2022.Bitcoin sheds market cap prowessAfter suffering at the…

Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K
BTC price performance looks limp on the last day of May, with the 200-week moving average rapidly coming into view. 616 Total views 10 Total shares Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAnalyst: Bitcoin reaching “crucial area”Data from Cointelegraph Markets Pro…

Block.one secures funding for $10B EOS-based crypto exchange platform
The EOS-based Bullish Global crypto exchange platform is expected to go live later in the year. 2965 Total views 13 Total shares Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain.As part…

Bitcoin rally will lead to “speculative blow-off top” in 2024, Mark Yusko predicts
BlackRock's application for a spot Bitcoin ETF has kicked off the next Bitcoin bull run, which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital’s Mark Yusko. 729 Total views 6 Total shares BlackRock’s application for a Bitcoin exchange-traded fund (ETF) has sparked the beginning of a new crypto bull…

NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon. 362 Total views 30 Total shares Non-fungible token project y00ts is again switching blockchain networks, only four months after bridging the majority of its NFTs from Solana to Polygon. DeLabs, the NFT firm behind…

REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country. 246 Total views 4 Total shares Global cryptocurrency exchange Binance is under the spotlight as a report claims it continued serving Iranian clients despite a company ban and economic sanctions against the country.According…

Iranian Authorizes Issue License for 6000-Rig Crypto Farm
Iran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan. 1004 Total views 44 Total shares Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make…