Railgun researchers say U.S. regulators and prosecutors have not launched a campaign against cryptocurrency privacy protocols and are generally positive and genuinely interested in understanding developments in the broader cryptocurrency market. Railgun researcher and advocate Alan Scott Jr recently reported that U.S. senators and intelligence agencies are not opposed to privacy-focused encryption protocols. These comments come after US agencies recently implemented a tough crackdown on several privacy platforms and cryptocurrency mixers. Speaking at ETH Global in Sydney on Thursday May 2, Scott said he had recently spoken to senators and the FBI in Washington DC. But he didn’t find any…
Author: Crypto Flexs
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While the cryptocurrency market is experiencing a cooling off, one meme coin is refusing to let in the cold. PEPE, the internet’s famous frog-adorned token, has defied a recent bearish trend with a surge in price and trading activity. This resilience has fueled speculation about a potential “bullish breakout” in the coming days, with some analysts predicting astronomical gains. PEPE withstands the storm. While Bitcoin and Ethereum have taken a breather in recent weeks, PEPE has shown surprising strength. PEPE, unlike its more established competitors, has not succumbed to the broader market cooling. In fact, meme coins are up slightly…
Bitcoin (BTC) rose to $64,500 on May 4 as after-hours trading led to fresh BTC price gains.BTC/USD 1-hour chart. Source: TradingViewBitcoin volatility rises as the weekend beginsBitstamp saw a new local high of $64,522 in May, according to data from Cointelegraph Markets Pro and TradingView.Strength in U.S. employment data accelerated the daily close, encouraging signs of recovery in the cryptocurrency market, including the first inflows into Grayscale Bitcoin Trust (GBTC) in nearly three months.BTC/USD is up 5% month-over-month as of this writing, according to data from monitoring resource CoinGlass, compared to a 15% loss already in April.BTC/USD monthly returns (screenshot).…
A closely followed cryptocurrency strategist is updating his outlook for hot altcoins amid a cryptocurrency market correction. Pseudonymous analyst Altcoin Sherpa says The 215,800 followers of social media platform “ONDO: Still one of the best performing coins and remains at the top. He is still the leader of RWA today. I think this looks strong. But it’s not a very active trade. “For now, it’s better to just buy and hold.” Source: Altcoin Sherpa/X ONDO is trading at $0.839 at the time of this writing, up more than 920% from its low of $0.082 on January 18th of this year.…
May 4th Scheduled Maintenance: Platform Downtime on May 5, 2024 Post time: 09:20h announcement by admin The Bitfinex trading platform will go offline for a limited time on May 5, 2024, while scheduled maintenance upgrades take place to improve the stability and scalability of Bitfinex infrastructure. Maintenance upgrades begin at approximately 9:30 AM (UTC) and last 2 to 3 hours. All trading on Bitfinex will be suspended during the maintenance period. Traders cannot log into their accounts, view or access their wallets and funds, and cannot execute trades.Exact maintenance start times are approximate and subject to change. We recommend that…
Binance, the world’s leading cryptocurrency exchange, has launched its OM Locked Staking product offering APRs of up to 19.9%. This announcement was made on the Binance website on September 17, 2021. The launch of OM Locked Staking is part of Binance’s ongoing efforts to provide users with more ways to earn money from their cryptocurrency holdings. The new product allows Binance users to stake OM tokens, the native token of MANTRA DAO. Decentralized Finance (DeFi) platform. According to the announcement, the staking period for OM locked staking is 15 days and the minimum staking amount…
Investors are looking for the next big thing, NuggetRush, which is listed on Uniswap. BlockDAG X1 is redefining the cryptocurrency market with the imminent launch of its mobile mining app and incredible pre-sale success of $22.6 million. As we prepare to launch the app on June 1, we have expanded investment opportunities by accepting various cryptocurrencies. Meanwhile, P2P platform NuggetRush also made waves with its listing, although it is struggling to keep up with BlockDAG’s momentum. BlockDAG has an edge with its pre-sale and advanced payment options. BlockDAG’s market presence is stronger than ever following its Shibuya keynote, where it…
Funding • May 3, 2024 5:49 AM EDT Posted 1 minute ago In ~ Hong Kong’s three spot Bitcoin exchange-traded funds saw inflows of 174.73 BTC ($10.3 million) on their second trading day yesterday, compared to 3,910 BTC ($240 million) on their first trading day. Trading volume hit more than $9.7 million over two days, according to SoSoValue data.A caveat to the inflow data is that ETF shares purchased through spot subscriptions for physical Bitcoin do not generate dollar-denominated cash inflows and are therefore not included in the daily net inflow statistics, SoSoValue said. Instead, the company uses a BTC…
index Polkadot (DOT) price has been in a downward trend for quite some time. However, during this period it has found strong and consistent support at $6.40, indicating that the price may have bottomed. DOT saw significant gains on Wednesday and Thursday, pushing the price above the 20-day SMA and 200-day SMA. Polkadot (DOT) bounces off support level Since hitting yearly highs on March 14, DOT has fallen more than 40% and has come some way off those highs. DOT then fell from $11.55 to $8.77 by March 19, falling below its 20-day SMA. The recovery pushed DOT up to…
The Netherlands’ Financial Intelligence Unit (FIOD) has arrested four people and seized more than €12 million on suspicion of fraud related to an online gambling platform, according to a statement published on its official website. FIOD, in collaboration with the Crown Prosecution Service, launched an investigation following reports from investors who suspected fraudulent activity. The unnamed gambling platform promised investors high returns of up to 10% per month, but reportedly failed to deliver on its promises. Those arrested, three from the Netherlands and one from Spain, are suspected of being involved in fraud, money laundering…