Early Ethereum adviser sues law firm for $100M over crypto extortion case defense
Law firm Covington & Burling has denied Steven Nerayoff’s allegations, calling his lawsuit “meritless” and vowing to “vigorously” fight it.
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Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores. United States based Bitcoin (BTC) ATM operator Bitcoin Depot said it posted best ever revenue numbers in the second quarter of 2023 as the company looks to expand its footprint after recently being…
Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.
Canada’s Hive Blockchain Technologies approved for Nasdaq listing
The Canadian miner with a focus on green energy should be available to trade in the coming weeks. 623 Total views 5 Total shares While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on…
Cosmos sees 1 million transfers in a month across the ecosystem
The Inter Blockchain Communication protocol that powers Cosmos has been growing steadily over the past 6 months. 489 Total views 18 Total shares The Cosmos cross-chain network has been growing steadily along with the projects that run on top of it and it’s just reached a milestone in terms of activity.The Inter Blockchain Communication protocol…
BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’
Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price "rolls over" after brief recoveryData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it risked a further loss of support.After a modest recovery from local lows seen the day…
Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach $60,000 in 2021. A large portion, 44% of the participants, predict Bitcoin to remain below $30,000 this year. From the remaining, 25% expect the recovery to reach $45,000 and the rest 25%…
Crypto exchange volumes reflect Bitcoin traders’ ‘reduced trading appetite’ — Glassnode
Glassnode data highlights a “notable decline in trade activity over the last quarter,” but traders are hopeful that Q4 will bring a sharp trend reversal.
Memecoin Shiba Inu unveils plans to launch DAO
Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project.