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Bitcoin
Banking Crisis Persists, NYC Limits Deposits for These 2 Banks
The New York City Banking Commission has decided to limit deposits for two banks as the U.S. banking crisis deepens. Can Bitcoin ‘fix this?’
On May 25, the New York City Comptroller, the City Mayor, and the Department of Finance voted…
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Binance CEO Says This Recent Event Might Signal a Bull Market
Binance CEO Changpeng Zhao (CZ) published a tweet on Wednesday noting that China Central Television (CCTV) recently put out a broadcast related to digital assets.
The executive claimed that similar coverage has served…
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Hong Kong’s Regulatory Shift Triggers Bitcoin Price Pump
BTC saw a modest bump following the news that Hong Kong will be relaxing crypto trading. However, so far, the OG cryptocurrency looks set for a less-than-exciting May. From a regulatory standpoint, Hong Kong is still a tough…
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Institutional Crypto Funds See 5th Consecutive Week of Outflows: CoinShares
According to the CoinShares Digital Asset Fund Flows weekly report on May 22, there was an outflow of $32 million for the past week. It is the fifth week in a row where institutional crypto asset funds have been in the…
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US Presidential Candidates Embrace Bitcoin (BTC) Donations
Presidential Candidates in the United States are accepting campaign donations in Bitcoin.
On Friday, Vivek Ramaswamy and Robert F. Kennedy Jr, both announced their intention to accept BTC donations ahead of the 2024 primaries.
RFK Jr…
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Coin Cafe to Pay $4.3 Million Restitution to Defrauded Investors: NYAG
Brooklyn-based crypto firm Coin Cafe has been ordered by the office of the Attorney General to refund over $4 million to cryptocurrency investors.
The restitution comes after investigations revealed that the company…
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Strike moves global headquarters to El Salvador, expands to 65 countries
Strike, a Chicago-based Bitcoin (BTC) payment provider, expanded its services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United…
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Crypto Market’s Biggest Degen Sells Altcoins for Bitcoin
In a shocking turn of events, renowned crypto enthusiast Ran Neuner, once a die-hard altcoin maximalist, recently revealed on a podcast that he’s liquidating his altcoin holdings in favor of Bitcoin.
Neuner’s change of heart results…
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Bitcoin is the Only Alternative to a CBDC
Famous Canadian psychologist and political commentator Jordan Peterson believes Bitcoin is the only “viable” monetary alternative in a future world dominated by central bank digital currency (CBDC).
The intellectual…
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Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently…
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