Crypto

Source: Bitcoinist Bitcoin is trading around $57,500 after a volatile session sparked by the release of the CPI data. Amid the market turbulence, CryptoQuant’s on-chain and macro researcher Axel Adler shared an interesting observation about Bitcoin and mining stocks.  According to Adler, a strong correlation exists between the Bitcoin price and the public miners’ stock…

Source: Coin Tegraph According to the S&P Global ratings agency, Tether scored a 4 out of 5 on its stability assessment, with 5 being the worst rating. Read Full Article

Source: Bitcoinist In a dramatic hearing on Thursday, a federal judge expressed his anger at former FTX executive Ryan Salame, threatening sanctions for what he described as false testimony during Salame’s guilty plea last year.  According to CNBC, the proceedings occurred in the US District Court in Manhattan, where Judge Lewis Kaplan addressed Salame’s claims…

Source: Coin Tegraph SOL price benefits from the drop in US inflation, rising network TVL and possibly the hype surrounding the upcoming Solana Breakpoint conference. Read Full Article

Source: Bitcoinist In the ever-evolving crypto market, investors are constantly seeking new opportunities that offer both security and massive growth potential. While Ethereum (ETH) remains one of the most trusted and widely used blockchains, scalability issues and high gas fees are pushing investors to explore alternatives. Two projects that have emerged as potential game-changers for…

Source: Coin Tegraph According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception. Read Full Article

Source: Bitcoinist Fighting an increasing menace in bitcoin fraud known as “pig butchering,” the Commodity Futures Trading Commission has declared a coordinated effort with other federal and commercial organizations. By doing this, the agency will work with several federal and private groups —not just the US Securities and Exchange Commission and the Financial Industry Regulatory…

Source: Coin Tegraph It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Read Full Article

Source: Bitcoinist In the fast-paced world of cryptocurrency, seasoned investors are always on the lookout for new opportunities to reinvest their profits for massive returns. Recently, Internet Computer (ICP) has been a favorite among crypto enthusiasts, delivering double-digit gains and outperforming the broader market trends. With a significant surge in ICP’s value, many holders are…

Source: Coin Tegraph The community will now move forward with proposals supporting the development of its core protocol software. Read Full Article