Bitcoin (BTC) has been trading in a range for several days, indicating a battle between bulls and bears for supremacy. Trading firm Mosaic Asset believes “easing financial conditions” could lead to increased risky trading and could put Bitcoin on the verge of recapturing its bull run.CryptoQuant founder and CEO Joo Ki-Young Jo wrote in a post on A similar trend was seen in 2024, with “$1 billion more likely to be deposited into new whale wallets each day.”Daily view of cryptocurrency market data. source: Coin360Although a breakout eluded Bitcoin, the bulls achieved a rally of nearly 11% in May. This…
Author: Crypto Flexs
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Terraform Labs and founder Do Kwon have reached a tentative agreement with the U.S. Securities and Exchange Commission (SEC). The SEC accused them of misleading cryptocurrency investors ahead of the collapse of stablecoin TerraUSD in 2022. Do Kwon agrees to resolve SEC civil fraud case Payment details have not yet been disclosed. Last April, a jury found Kwon and Terraform Labs liable on civil fraud charges. The SEC alleged in 2021 that it misled investors about the stability of TerraUSD and falsely claimed that Terraform’s blockchain was used in a popular mobile payments app in South Korea. U.S. District Judge…
Bedroom cryptocurrency traders and analysts have frequently expressed concerns about Bitcoin (BTC)’s inability to overcome its all-time highs. However, experts from the Chicago Mercantile Exchange (CME), TradingView, and TJM Institutional Services believe that spot Bitcoin exchange trading is on the way. ETFs will play a key role in pushing the price of BTC to the highest prices traders dream of. Consensus panel on the future of cryptocurrency derivatives markets. Source: Ray Salmond/CointelegraphSpeaking at Consensus on the role cryptocurrency derivatives will play in future markets, TradingView General Manager Pierce Crosby said that while derivatives have always been an integral part of…
May 31st What is a Bitaxe ASIC miner? Posted at 14:10h education by admin Bitaxe Ultra is a free and open source Bitcoin ASIC miner that leverages the efficiency of the BM1366 chip of Bitmain’s Antminer S19XP. It is designed for standalone operation with built-in Wi-Fi connectivity and supports both solo and pool mining. Bitaxe Ultra democratizes access to advanced Bitcoin mining technologies by emphasizing transparency and community collaboration by making all design files, including hardware schematics and firmware, publicly available. Are open source miners and home mining the future of Bitcoin mining? Bitaxe Ultra is an open source hardware…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Nvidia’s record earnings report could have a positive impact on the prices of the Render and KangaMoon cryptocurrencies. AI tokens like Render are poised to benefit from Nvidia’s success, as the company recently reported significant record profits. Moreover, even KangaMoon, which has captured the attention of investors with its unique GameFi approach, could rise further due to this. Let’s find out more. Nvidia’s success could lead to improved render networks. Among the AI tokens that have started to surge…
We hope that every Ethereum buying experience goes smoothly, but we recognize that there will always be situations where things don’t go as planned. Perhaps your internet connection will be lost during your purchase. Perhaps you accidentally clicked the back button or some link or hit refresh while the purchase was in progress. Maybe you forgot to download the wallet. Maybe you think you’ve forgotten your password and want to make sure you entered it correctly. In all of these situations, the user experience can unfortunately be a bit trickier than simply downloading a web app. A little command line…
US President Joe Biden has vetoed a bill that would overturn a Securities and Exchange Commission (SEC) bulletin board that sets accounting standards for companies that store cryptocurrencies. “Our administration will not support actions that jeopardize the well-being of consumers and investors,” President Biden said in a letter to the U.S. House of Representatives posted on the White House website. “Leveraging the potential benefits and opportunities of crypto asset innovation requires appropriate guardrails to protect consumers and investors.”Earlier this month, the full House and Senate voted in favor of a bill to repeal the SEC Staff Accounting Bulletin, also known…
Industry leaders have seen a potential wave of new ETFs for XRP, Solana, and Cardano. XRP’s legal battle with the SEC has cast a shadow over it, and Solana’s recent boom has established XRP as a strong competitor. The SEC’s stance on staking rewards for Ethereum ETFs may impact future approvals. A storm of speculation has ignited in the cryptocurrency world after the U.S. Securities and Exchange Commission (SEC) approved progress for a spot Bitcoin ETF and an Ethereum ETF. The question on everyone’s mind is what digital assets will follow ahead of the exchange-traded fund’s debut.Domino effect from recent…
Oracle responds to criticism from Business InsiderIn a recent blog post, Oracle defended its efforts to modernize medical technology for veterans, following a critical article in Business Insider. The article, which questioned Oracle’s $28 billion investment in medical technology, was labeled clickbait by Oracle, according to oracle.com.Business Insider ClaimsA Business Insider article criticized Oracle’s handling of the Department of Veterans Affairs (VA)’s electronic health record (EHR) modernization program, suggesting that the plan had negative outcomes for patients. The article also drew parallels with a similar article published two years earlier, which questioned the same modernization…
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