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Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes

This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss.

Memecoins’ mass appeal makes it valuable to DEXs: Kain Warwick

Memes might be the “most simplistic connection” between financialization, tokenization and culture, says Kain Warwick.

BTC price chart seen mirroring US spot Bitcoin ETF launch pattern

Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around.

Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd.

US senators, FBI aren’t opposed to crypto privacy: Railgun contributor

Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto.

Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an “investment in a future where economic empowerment is the norm.”

Hong Kong Bitcoin ETF launch in ‘top 20%,’ STRK scam suspect busted: Asia Express

The Hong Kong Bitcoin ETF launch was in the top 20% of launches, and 77% of local crypto holders still plan to invest: Asia Express.

Crypto leaders should stop flirting with CBDCs

Cryptocurrency enthusiasts largely oppose CBDCs — but industry leaders including Consensys, Ripple and Stellar are throwing their weight behind them.

Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.

Block, Inc. Q1 results top estimates, shares jump after-hours

Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.

Chainalysis will help Tether monitor secondary market for illicit activity

The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.

US lawmakers warn of Iranian crypto miners threatening national security

According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations.

Binance Wallet announces support for Bitcoin Atomical ARC-20 assets

The Atomicals protocol provides a transparent, secure record of ownership and history for Bitcoin NFTs.

US lawmakers urge SEC to approve Bitcoin options trading

Representatives Mike Flood and Wiley Nickel urged SEC Chair Gary Gensler to stop discriminating against Bitcoin funds in a letter.

Analysts expect Bitcoin price recovery after Fed leaves rates unchanged

Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed.

Pantera invests in TON with high expectations for Telegram’s future

The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said.

‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.

Nigerian court postpones money laundering trial of Binance and execs

A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents.

Pickup artists using AI, deep fake nudes outlawed, Rabbit R1 fail: AI Eye

Deep fake nudes to be outlawed in UK and Australia, pick up artists fake big live stream audiences to meet women, plus more news: AI Eye.

Bitcoin price correction ‘very common’ if $56K lows hold — Peter Brandt

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?

Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.

MoonPay expands crypto options with PayPal integration

MoonPay users in the U.S. can now buy and sell 110 different cryptocurrencies using PayPal transfers via wallet, bank transfers or debit cards.

Stacks active accounts reach record high amid growing interest in Bitcoin DeFi

The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager.

Friend​.tech v2 airdrop could introduce nontransferable token

Making the token nontransferable could force users to pay the 1.5% Friend.tech platform fee in an “ironic” shift from the platform’s non-venture capitalist approach.

How to short Bitcoin on Binance and Coinbase

Shorting Bitcoin on Binance and Coinbase is akin to a high-stakes gamble where mastering margin trading and futures contracts is key to tilting the odds in your favor.

Hundred Finance hacker moves stolen assets a year after $7M exploit

The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet.

Bitcoin post-halving price consolidation could last 2 months — Bitfinex

The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term.

Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure

Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the outflows from U.S. ETFs. Could the Bitcoin price revisit the $50,000 mark next?

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