Cryptocurrency

Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia […]

Technology company Nvidia’s (NVDA) outperformance of Bitcoin over the past ten years should not be used as an indicator for the next decade, as it is unlikely to happen again, according to crypto executives. “Near zero chance of Nvidia outperforming Bitcoin over the next 10 years,” argued Swan Bitcoin CEO Cory Klippsten in a May 24 X […]

Chainlink price gained 7% on May 24, despite a downturn in the wider cryptocurrency market. Currently priced at $17.04, LINK has seen an impressive 30% increase so far in May, prompting investors to wonder whether the drivers for a rally above $20 still exist. LINK/USD daily chart. Source: TradingView Let’s look at the factors that could […]

Bitcoin is quietly copying a key feature from the 2016 bull market, which kicks in at $75,000. In a post on X on May 24, popular trader Jelle eyed what could become the next “main breakout” for BTC price action. Trader: BTC price “incredibly similar to early 2017” Bitcoin analysis often points to similarities between the current bull cycle […]

Bitcoin (BTC) mining company Marathon Digital (MARA) struck a deal Friday with the Ministry of Energy and Petroleum of Kenya to develop the African country’s energy infrastructure with over $80 million in investments. The aim of the partnership is “monetizing underutilized energy across Kenya and jointly developing technology projects,” Marathon chief executive officer Fred Thiel said. In a social media […]

Bitcoin price is down by 2.5% today, surprising traders who were certain that new all-time highs were in the cards after the cryptocurrency’s early week rally to $72,000. Data from Cointelegraph Markets Pro and TradingView showed that leveraged long traders were caught off guard as BTC price suddenly dropped from a high of $71,980 on May 21 to an […]

Every year on May 22, the cryptocurrency community remembers and marvels at how one man paid for a pizza with bitcoin. While the story may sound benign and uninteresting at first glance, the details are completely shocking and have undoubtedly led to regrets for some involved. On May 22, 2010, Laszlo Hanyecz, a Florida resident, […]

Gibraltar-regulated Xapo Bank has enabled bitcoin deposits for its customers via the Lightning Network. In a statement shared with The Block, Xapo claimed it is the first fully licensed bank to do so — adding to its existing bitcoin deposit options by enabling instant deposits globally with near-zero fees. “We believe in the Lightning Network’s […]

MetaMask is a giant in the Ethereum (ETH) ecosystem, the most-used wallet on that blockchain. It’s poised to cross one of the biggest tribal divides in cryptocurrencies, with plans to add support for Bitcoin (BTC), according to two people with direct knowledge of the matter. The exact timeline is unclear, but one person said access […]

Bitcoin’s price strived to hold above $70,000 on May 22 as Glassnode analysts suggested that the pioneer cryptocurrency is preparing for a “bigger move” to the upside. BTC/USD daily chart. Source: TradingView Easing distribution and slowing sell-side pressure back Bitcoin price Data from Cointelegraph Markets Pro and TradingView show that Bitcoin’s price has been steadily ascending after an extended downtrend from […]