Bitcoin Price Outlook for May
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came…
Inflation and Anguish: Outraged Lebanese Depositors Continue to Riot Against Financial Institutions
Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging…
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a…
Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East
PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle…
Tamadoge Leads The Pack For The Future Of Web3, As It Launches A News Website
Lately, the gaming industry has been elated with new proposals. A great example is the Tamadoge, a promising web3 ecosystem. Tamadoge is excited to reveal Go to Source
Crypto Firms Plan Pivot to Bermuda Region Amidst US Regulatory Headwind
The reoccurring scrutiny, harsh regulatory frameworks, and a spate of lawsuits from policymakers in the United States are set to trigger cryptocurrency firms to seek Go to Source
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role. Japan is the…
$28,000 Bitcoin is in the cards, but it won’t happen without a struggle
Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum. Bitcoin’s price declined for eight consecutive days through May 13, totaling a 9.4% correction.…
Bitcoin offers ‘good signs’ as analysts retain $40K BTC price target
Bitcoin is showing the strength it needs for continuation higher, says Michaël van de Poppe, after key trend lines are preserved. Bitcoin (BTC) saw five-day highs on May 15 as…
Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term. The debt ceiling…
Sam Altman In Talks To Secure $100 Million In Funding For Worldcoin Project
On May 15, Financial Times published a report citing sources with knowledge of Worldcoin’s funding talks. It is reported that Sam Altman, one of Worldcoin’s Go to Source
South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced. Prosecutors in South Korea raided the…
SEC under fire for its custody rule: Law Decoded, May 8–15
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator. Last week was harsh for the United States Securities Exchange…
South Korean lawmaker leaves political party amid crypto investment controversy
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country’s enforcement of the “Travel Rule” from the Financial Action Task Force. South Korean lawmaker Kim Nam-kuk has…
Are ZK-proofs the answer to Bitcoin’s Ordinal and BRC-20 problem?
Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain. The Bitcoin network has recently faced a litmus test due to…