Crypto

Source: Coin Tegraph Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph’s LONGITUDE event in Dubai.  “Every retail user…

Source: Coin Tegraph Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic…

Source: Coin Tegraph Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon’s co-founder Sandeep Nailwal. “You can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,” Nailwal said during a panel discussion at the LONGITUDE by Cointelegraph event. He added that projects with effective onchain…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Wednesday, Bitcoin’s price pulled back to the $93,000 level as bullish market performance waned before recovering above $94,000 a few hours later. Instead of sparking bearish sentiment among investors, the pullback seems to have done the opposite, as BTC…

Source: Coin Tegraph Paolo Ardoino, CEO of stablecoin issuer Tether, addressed criticism over the company’s decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, arguing that the regulations were risky for stablecoins. Speaking to Cointelegraph at the Token2049 conference in Dubai, Ardoino reiterated that Tether had no plans to apply…

Source: Coin Tegraph Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a conversation with podcast host Anthony Pompliano, Michael Ellis—recently sworn in as Deputy Director of the US Central Intelligence Agency (CIA)—offered an unusually forthright assessment of Bitcoin’s role inside the national-security apparatus. Why The CIA Is Excited About Bitcoin…

Source: Coin Tegraph Opinion by: Vikash Singh, Principal Investor at Stillmark The Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must learn the lesson…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin, like the rest of the crypto market, has been struggling recently despite the market recovery. This has been due to the stall in the rally as investors wait for the next move from Bitcoin. During this time, bearish sentiment…

Source: Coin Tegraph Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24…