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Bitcoin
Coinbase Announces Support for Bitcoin’s Lightning Network
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to…
Top VCs Join EYWA’s Seed Round Led by Curve’s Founder
PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The…
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.
U.S. Senate’s Warren Warns National Security Chiefs About Iranian Crypto Mining
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure…
First Mover Americas: BTC Stabilizes Around $58K Following Yesterday’s Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity
The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.
Bitcoin ‘Call Writing’ Back in Vogue as Cash And Carry Strategy Loses Shine
Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.
BlackRock’s Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot…
Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter…
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist…
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a…
