Key takeaways: Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war. Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720 on May 12, but was unable to … Read more
James Toledano says bitcoin’s breakout to $110,000 is within reach, but he warns that the crypto asset’s rebound is currently driven more by sentiment than by strong fundamentals. Bitcoin Rebound Hollow U.S. President Donald Trump’s retreat from his aggressive tariff rhetoric, coupled with the thaw in U.S.-China trade relations, places bitcoin’s $110,000 breakout within reach, … Read more
Cybercriminals are using fake AI tools on social media to spread Noodlophile malware. According to a security expert, the malware can steal important information like browser credentials, cryptocurrency wallet information, and more. The attackers make platforms with believable AI themes that can then be promoted on social media. These may look like real AI tools, … Read more
Emerging technologies, including quantum computing, could potentially render the cryptography securing Bitcoin and other blockchain networks ineffective, asset manager BlackRock said in a regulatory filing. On May 9, BlackRock updated the registration statement for its iShares Bitcoin ETF (IBIT). The revised version addressed potential risks to the integrity of the Bitcoin network posed by quantum … Read more
ID.IOTA has, in a recent post, explained how users could greatly benefit from the IOTA staking capabilities by making use of Swirlstake. For those who would rather invest in IOTA instead of a stablecoin, it was advised that they use Deepr Finance, which provides a good percentage of yields. As recently updated by CNF, IOTA … Read more
Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of liquidations across the crypto derivatives market. Over the last 24 hours, a total of $699.71 million in leveraged positions were wiped out, with long traders … Read more
Bitcoin’s use case is about to take center stage – again. Will another liquidity sweep be the spark that sends BTC into price discovery mode? “Cautious optimism” is creeping back into the crypto market, and it’s easy to see why. The U.S. is slashing tariffs on Chinese goods from 145% to 30%. Meanwhile, China is … Read more
Tether’s USDt (USDT) surpassed a $150 billion market capitalization for the first time on May 12, marking a new milestone amid growing stablecoin adoption. USDt’s circulating supply has expanded by over 36% in the past year, with growth accelerating in November following the election of US President Donald Trump. USDt’s market cap growth over the … Read more
Topline Some states in the northern U.S. could have a chance to see the northern lights on Monday, with quieter auroral activity expected through the week after recent geomagnetic storms, according to the National Oceanic and Atmospheric Administration. Weaker auroral activity is expected through the next two days, forecasters said. Getty Images Key Facts Auroral … Read more
According to CoinShares’ latest weekly report, the crypto market is showing signs of recovery after the disruption caused by President Trump’s tariffs. Over the past week, $882 million flowed into digital asset investment products, signaling a strong shift in market sentiment, with BTC attracting $867 million. CoinShares, a leading European digital asset investment firm, has released … Read more