Crypto

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…

Source: Coin Tegraph A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to the announcement, the project relies entirely on donations, does not have venture funding, and does…

Source: Coin Tegraph Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin pressures shorts after 3% daily gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22. Increasingly close to six…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Visa has announced a new product that will allow consumers in six Latin American countries, including Mexico and Argentina, to use stablecoins for everyday purchases.  Visa’s new service aims to capitalize on this growing trend, making it easier for consumers…

Source: Coin Tegraph Love it or leave it, New York State has been a force in crypto regulation. Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity guidelines. In September 2015, the New York Department of Financial…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the XRP network has seen a strong jump in ‘Hot Capital’ recently. Here’s how this growth compares with Bitcoin and others. XRP Among Cryptocurrencies Observing Surge In Hot Capital In a new post on X, the on-chain…

Source: Coin Tegraph Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable…