Key BTC price levels emerge as Bitcoin hits $58K on 'sticky' US PPI
Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.
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China’s only public blockchain Conflux sees CFX price skyrocket 1300% in 2023
Conflux Network (CFX) is up nearly 500% in the past week, with CFX emerging as one of the best-performing crypto assets in 2023 as China appears to be warming to cryptocurrency trading. What is Conflux Network?Interestingly, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, is the only regulatory-compliant, public and permissionless blockchain in China. Conflux is…

Bulls Stampede Toward $12K Bitcoin Price as Weekly Close Approaches
Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occursDespite multiple rejections at the $12K mark, BTC continues to make higher lows and traders are buying dips at underlying support levelsChainlink reached a new all-time high at $19.80 and Ether is struggling to push above $430Cryptocurrency daily market…

Ether security debate continues as SEC ETF decision deadline looms
The SEC’s decision on VanEck’s spot Ether ETF application is due by May 23, and experts believe the recent debate over Ether’s status as a security could hamper its chances.

US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank. 158 Total views 1 Total shares Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of…

German gov’t shifts further 3K BTC in 1 hour
The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial system.

World Economic Forum’s Nadia Hewitt Talks Supply Chains, COVID-19 and Blockchain
Last week, the World Economic Forum (WEF) published a major new blockchain deployment toolkit designed to help governments, enterprises and organizations worldwide to develop more resilient value chains going forward after the COVID-19 crisis. The toolkit’s authors believe that the case for blockchain implementation is stronger than ever in the wake of the pandemic and has…

Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate in this ever-growing ecosystem. But, crypto…

Bitwise raises $70M to invest in team, onchain solutions
The asset management firm has announced a $70 million funding round led by Electric Capital, MIT Investment Management Company, and other investors.