Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks. Bitcoin Cash to Include Adaptative…Read More

The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5. The United States Securities and Exchange Commission has delayed its decision on Galaxy Invesco’s application for a spot Ether (ETH) exchange-traded fund (ETF).In a May 6 filing, the SEC gave…Read More

Marathon Digital will officially be added to the index fund on May 8. Marathon Digital, the world’s largest Bitcoin (BTC) miner by market cap, saw its shares rise 18% after it was confirmed to be joining the S&P SmallCap 600 index fund.The S&P Dow Jones Indices said after trading on Friday, May 3 that Marathon…Read More

Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for increased corporate…Read More

Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery. Memecoins like Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) are among the cryptocurrencies underperforming the market on May 6, highlighting a diversion from the momentum that drove the sector higher last week. Data from CoinGecko…Read More

Warren Buffett, chairman and CEO of Berkshire Hathaway, asserts that there is currently no viable alternative to the U.S. dollar as the world’s reserve currency, suggesting that U.S. debt will remain acceptable “for a very long time.” Berkshire currently sits on a cash pile of $188 billion, which Buffett views as “quite attractive.” Insights From…Read More

Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. Central banks’ future depends on a revision of their business model and speedy adoption of central bank digital currencies (CBDCs), said Joachim Nagel, president of the Bundesbank and member of the European Central Bank…Read More

Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation. Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), expects regulators in the country to continue to crack down on cryptocurrency firms as long as the market attracts interest from…Read More

According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly…Read More

Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth $64 Million Moved From 2…Read More