Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.
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VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors
Funding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market.
Big miners pose a growing existential threat to Bitcoin
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
French regulator warns investors Bybit provided services ‘illegally’
The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.”
Harvard built hacker-proof quantum network in Boston using existing fiber cable
According to the scientists, the 22-mile distance between nodes is the longest quantum fiber network to date.
Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target.
US Senate passes resolution overturning SEC crypto rule on banks
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets.
Vitalik Buterin says OpenAI’s GPT-4 has passed the Turing test
Buterin’s comments reference new research indicating most humans can no longer tell when they’re talking to a machine.
India’s SEBI recommends local regulators monitor crypto trading
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India.
How and when to sell your crypto: A simple guide
The latest Cointelegraph video explains how to set up a successful exit strategy in crypto using a few simple steps.
M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs.
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX.
Crypto VCs are back in action amid market rally
Series funding rounds have sprung back, albeit still remaining well below their all-time highs of $4.5 billion in monthly deals during the previous crypto market cycle.
OpenAI’s ‘iPhone moment’ trumps Google, AI lies, porn and dating: AI Eye
OpenAI’s voice assistant demolishes Google’s, plus why do AI’s lie… and should they date each other? GPT-porn and AI detectors: AI Eye.
Bitcoin shrugs off US jobs data as BTC price gives up $66K support
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers.
Animoca Brands leads $7M funding round for Param Labs
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO.
Regulatory crackdown spawns anti-SEC 'CultureCoin'
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers.
‘We’re just scratching the surface’ of crypto and AI — Microsoft exec
The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.
Tether, TON team up with mobile app for USDT-to-fiat transactions
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT.
Reentrancy attacks in smart contracts, explained
Understand the mechanics of reentrancy attacks, a common exploit in smart contracts. Get insights on prevention and mitigation strategies.
Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption.
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment.
Binance develops ‘antidote’ to address poisoning scams after $68M exploit
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.
ShibaSwap rolls out major upgrade, moves to Shibarium
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.
Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
Boosting AI: Senators propose $32B investment plan for US tech growth
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.
Swiss leaders plan to enforce global crypto reporting framework
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
Bitcoin whale demand accelerates but price jump could ‘take weeks’ — Analysts
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.