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Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge

Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC. BTCUSD Longs: Bitfinex: (Source: TradingView) Analyzing Bitfinex whale activity in 2024 reveals a clear pattern: On Feb. 10, these whales held over 76,000 BTC, but by March’s …

This post was published at CryptoSlate

Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase

Galaxy reported an assortment of VC investment data, including nearly $2.5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter. The growth represents the first increase by both measures in three …

This post was published at CryptoSlate

/ Crypto, Crypto Currency, Dollar

Coinbase's Base could make it the NVIDIA of DeFia

Coinbase’s stock price has surged since the company’s first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum?

This post was published at Cointelegraph

Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more

This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.

This post was published at Cointelegraph

OpenAI Could Challenge Google and Perplexity With AI-Powered Search: Reports

The leader in AI could dethrone the leader in search, with web sleuths uncovering signs of a search tool linked to ChatGPT.

This post was published at Decrypt

/ Ai, Crypto Currency

Grayscale Bitcoin ETF Snaps Losing Streak, Pulls In $63 Million

After 80 days of outflows, the battered long-standing Bitcoin fund grew by $63 million.

This post was published at Decrypt

/ Bitcoin, Crypto Currency, ETF

Most Dogecoin Holders Didn’t Buy the Elon Musk Top

A strong majority of Dogecoin holders are currently in the green, even at prices well below Elon Musk-led highs in 2021.

This post was published at Decrypt

Snowden goes after Bitcoin devs, Elon Musk and puppy killers in X flurry

His commentary touched on the zkSnacks shutdown, free speech and the proper treatment of farm animals.

This post was published at Cointelegraph

Nigeria poised to outlaw P2P crypto trading over national security concerns

Nigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown on peer-to-peer (P2P) crypto transactions, according to local media reports and CryptoSlate sources. The move follows the decision of at least three major Nigerian fintech startups — Moniepoint, Paga, and …

This post was published at CryptoSlate

SEC under Trump would ‘vigorously pursue’ crypto regulation – former regulator says

Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously pursued crypto cases” during Trump’s first presidential term and that it brought “daylight and …

This post was published at CryptoSlate

WOW Uniswap partners with Robinhood!

This post was published at CryptoWendyO

/ Crypto Currency

Snowden goes after Bitcoin devs, Elon, and puppy killers in X flurry

His commentary touched on the zkSnacks shutdown, free speech, and the proper treatment of farm animals.

This post was published at Cointelegraph

Solana Game ‘Nyan Heroes’ Returning With Expanded Play-to-Airdrop Rewards

Cats-in-mechs shooter Nyan Heroes will bring its servers back online next week as the second play-to-airdrop season kicks off.

This post was published at Decrypt

/ Crypto Currency, Solana

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