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Is Bitcoin Still Profitable? Analysts Argue Over BTC’s Future

Is Bitcoin Still Profitable? Analysts Argue Over BTC’s Future

In the minds of many investors, Bitcoin is like a dream of wealth—a magical asset capable of growing hundreds of percent annually and sending its value “to the moon” with million-dollar price tags.Analyst Willy Woo believes that Bitcoin’s boom times may be over. However, not everyone agrees.Willy W…

Metis Token to Hold AMA on X on May 20th

Metis Token to Hold AMA on X on May 20th

Metis Token will hold an AMA on X on May 20th at 16:00 UTC, focusing on developments within the Hyperion ecosystem. Refer to the official tweet by METIS: Want to learn more about the Hyperion ecosystemJoin our community AMA tomorrow to ask your questions METIS InfoMetis is a Layer 2 Rollup platform …

Bitcoin must break $110K before alt season begins, says Arthur Hayes

Bitcoin must break $110K before alt season begins, says Arthur Hayes

Bitcoin needs to break through $110,000 and rally toward the $150,000–$200,000 range on rising trading volume for the alt season to begin, said BitMEX co-founder Arthur Hayes in a recent interview with Fortune Crypto."I think that happens sometime in the summer or early third quarter, and then the r…

Ethereum Gained 1.38% to $2572.80 — Data Talk

Ethereum Gained 1.38% to $2572.80 — Data Talk

Ethereum is up $35.08 today or 1.38% to $2572.80Snaps a two day losing streakUp 43.37% month-to-dateDown 23.08% year-to-dateDown 46.4% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 16.75% from 52 weeks ago (May 17, 2024), when it traded at $3090.36Down 36.48% from i…

Crypto miner turned AI provider CoreWeave adds billions in market cap

Crypto miner turned AI provider CoreWeave adds billions in market cap

Shares of AI cloud computing company CoreWeave (CRWV) surged on May 16 after chip giant Nvidia revealed a large ownership stake, signaling growing corporate and institutional interest in the newly public company.CRWV stock climbed as much as 26.3% in New York trading, pushing its market capitalizati…

From debanking to a banking arms race—The rise of stablecoins

From debanking to a banking arms race—The rise of stablecoins

Opinion by: Megan Knab, CEO, Franklin PayrollThere are few historical examples of such a massive about-face for an industry, from banks debanking crypto businesses to now embracing stablecoins. If you talk to most crypto startup founders or companies with crypto on the balance sheet, they will all h…

The Daily: Coinbase battles extortion attempt as data breach costs could hit $400 million, JPMorgan sees more upside for bitcoin than gold, and more

The Daily: Coinbase battles extortion attempt as data breach costs could hit $400 million, JPMorgan sees more upside for bitcoin than gold, and more

Happy Thursday! The U.S. Senate could vote on a revised GENIUS Act stablecoin bill by Memorial Day — a version that reportedly drops language targeting President Trump's crypto ties, senators say.In today's newsletter, Coinbase turns the tables on a $20 million extortion attempt while the costs of i…

Flow to Host Poker Tournament on May 16th

Flow to Host Poker Tournament on May 16th

Flow and Pool will hold a Consensus poker tournament on May 16th, running from 22:00 UTC until 02:30 UTC. The event is positioned as an informal networking occasion for sector builders and will include card play, refreshments and prize distribution.FLOW Info‍Flow is a fast, decentralized, and develo…

Cronos Partners With TokenPost Korea

Cronos Partners With TokenPost Korea

Cronos announced the establishment of a strategic research partnership with TokenPost Korea, a South Korean blockchain and digital asset media platform. The collaboration aims to produce joint research covering blockchain, cryptocurrency, Web3 and financial technologies.CRO InfoCronos is an open sou…

Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade

Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade

Within a week of Pectra's launch, over 11,000 EIP-7702 authorizations have occurred, indicating healthy uptake by wallets and dapps.EIP-7702, part of Ethereum's Pectra upgrade, went live on mainnet around May 6, introducing a mechanism that allows standard Ethereum addresses controlled by private ke…

Ethereum Price Dips May Offer Buying Opportunity — Bulls Eye Reentry

Ethereum Price Dips May Offer Buying Opportunity — Bulls Eye Reentry

Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone.Ethereum started a fresh increase and cleared the $2,720 resistance.The price is trading above $2,520 and the 100-hourly Simple Moving Average.There is a short-term decli…

Bernstein outlines three factors that drove Ethereum’s recent price surge

Bernstein outlines three factors that drove Ethereum’s recent price surge

Ethereum has lagged behind Bitcoin and alternative Layer 1s throughout this cycle amid a wave of relative bearishness. And yet, since the crypto market's April lows, ETH has surged nearly 100% — gaining 65% in the last 30 days alone to tap $2,750. So what's driving the move?Analysts at research and …