Solana Recovery in Sight: SOL Aims for $150 Amid Market Uncertainty

Solana hints at a strong recovery, potentially reaching the $150 level in May following a rebound from a significant support area. Increased market volatility and possible corrections in Bitcoin might impede Solana’s recovery efforts. Despite a recent setback, Solana is positioned near key resistance levels with mixed signals from technical indicators suggesting a cautious market […]

Script State from Lamport Signatures

The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This activity has largely overshadowed some revolutionary changes in our understanding of the existing Bitcoin Script, changes which form the basis of BitVM but […]

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. Fintech firm Block’s first-quarter results have beat Wall Street analyst revenue and earnings expectations which saw its shares jump after-hours. On May 2, Block, Inc. posted its Q1 2024 results showing revenues of […]

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. Crypto exchange Coinbase has reported a strong rebound in the first quarter of 2024, supported by an uptick in market performance and the launch of Bitcoin exchange-traded funds (ETFs).  The exchange posted $1.6 billion in total revenue and $1.2 […]

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. With a hearing scheduled for May 22 to listen to proposed remedies in the United States Securities and Exchange Commission’s (SEC’s) case against Terraform Labs […]

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. Central bank digital currencies (CBDCs) offer governments the ability to exert absolute control over currency. They should be rejected by all fair-minded blockchain leaders, but that unfortunately is not the case. In June 2023, the International […]

JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets

JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold. Insights on Market Trends by JPMorgan JPMorgan, a global investment bank, has provided insights on […]

Script State from Lamport Signatures

The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This activity has largely overshadowed some revolutionary changes in our understanding of the existing Bitcoin Script, changes which form the basis of BitVM but […]

Bitbot’s Presale Passes $3M After AI Development Update

London, United Kingdom, May 2nd, 2024, Chainwire AI-powered Telegram trading bot, Bitbot, has surged past the $3M mark in its presale after outlining its updated product offering. Bitbot now includes a layer of AI development on its blockchain analysis tool, Gem Scanner. The project has hurtled into stage 12 of its short 15-stage presale due […]