Ark Investment’s Cathie Wood believes BTC will rally to $500,000 and says the mining sector is increasingly embracing renewable energy.
Nouvelles
ShapeShift takes aim at gas fees with new FOX token functionality
FOX holders will be able to offset gas fees proportionally to their token holdings.
Shanghai Man: China’s annual ban explained, ‘crypto crash’ trending … and more
A breakdown of major regulatory announcements in China after latest warning, and a major event at the Shanghai Belagio for the blockchain scene
Bitcoin correction heralded as a ‘BTD’ opportunity, but what about DeFi?
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April.
Fed will issue discussion paper on benefits and risks of CBDC, says Jerome Powell
“Irrespective of the conclusion we ultimately reach, we expect to play a leading role in developing international standards for CBDCs,” said the Fed chair.
Chainlink Labs joins Hedera Governing Council
The firm will now be the preferred oracle partner for the Hedera network and provide integration for tokenization on Hedera.
Bitcoin whale who sold at $58K has reaccumulated 3,521 BTC
The whale sold off 3,000 BTC on May 9 for an average price of $58,503.39. They began to reaccumulate less than one week later.
Bears positioned to take the lead as $930M in Bitcoin options expire Friday
Derivatives data for Bitcoin weekly options suggests bears may have the upper hand in tomorrow’s $930 million expiry.
US Treasury proposes crypto transactions over $10K be reported to IRS
Saying crypto posed “a significant detection problem by facilitating illegal activity,” the government body specifically mentioned that crypto businesses were in its crosshairs.
Exchange inflows, on-chain data show retail traders fueled Bitcoin’s selloff
Whale wallet activity and exchange inflows indicate that the recent market sell-off was driven by retail traders, while institutional investors gladly bought the dip.