Cycle Network, a leading chain abstraction platform, has recently announced a new development. According to Cycle Network, it will support the approaching Ethereum Pectra upgrade, which is scheduled to go live on May 7, 2025. The platform revealed this latest endeavor on its official social media account. 📢【Announcement】Cycle Mainnet to Support Ethereum Pectra Upgrade The … Read more
Bitcoin Nears $100K Amid Unprecedented Global Momentum The cryptocurrency landscape is on fire. With Bitcoin currently trading near $97,350 and flirting with the historic $100,000 mark, a perfect storm of global events is propelling digital assets to new heights. From the blockbuster TOKEN2049 Dubai event to sweeping crypto adoption in the Middle East and Coinbase’s … Read more
Unfair trading practices like MEV, slippage, and front-running have long plagued decentralized exchanges, eroding both profits and the core principles of fairness. David Wells suggests that traders can spot these problems by watching for unusually high slippage, trade executions at worse-than-expected prices, and the “sandwiching” of transactions. Watch Out for MEV, Front-Running, Traders Told For … Read more
COINOTAG reports, as of May 4th, Coinglass data indicates that Bitcoin’s *volatility* has reduced to **2.73%**, following a sustained week of declines. Typically, significant fluctuations in Bitcoin are associated with **speculative trading** and the prevailing **FOMO** (fear of missing out) sentiment among retail investors. A decrease in volatility may signal the exit of short-term speculators, … Read more
This week is poised to be significant for the world of cryptocurrencies, with several key developments likely to impact market trends. As Bitcoin is trading at $95,800 and altcoins experience significant turbulence, market participants are anticipating a flurry of movements. Crucial events involving the Federal Reserve’s interest rate decision and potential new tariff agreements are … Read more
Bitcoiners and United States government officials have criticized Arizona Governor Katie Hobbs’s decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves. “This will age poorly,” Casa co-founder and cypherpunk Jameson Lopp said in a May 3 X post. Bitcoin (BTC) entrepreneur Anthony Pompliano said, … Read more
Key Points: Collaboration to promote Kyrgyzstan’s digital asset industry. Integration of crypto payments via Binance Pay. Binance Academy to support educational initiatives. On May 4, Binance announced a partnership with the Kyrgyz National Investment Agency to promote the digital asset industry by bringing crypto payments to Kyrgyzstan. This collaboration is expected to enhance Kyrgyzstan’s financial … Read more
In news that portrays a realistic picture of the current state of the economy—at a time when the US is going all-in on Bitcoin—Arthur Hayes has made a prediction that could impact the future of BTC. “The United States is a deficit country,” said BitMEX co-founder Arthur Hayes, noting that while the US is already … Read more
Key Points: Binance and Kyrgyzstan’s National Investment Agency sign MoU for crypto development. Partnership aims to modernize Kyrgyzstan’s digital economy. Potential boost in foreign investment and innovation in Web3 technologies. Binance founder Changpeng Zhao signed a Memorandum of Understanding with Kyrgyzstan’s National Investment Agency to develop the country’s digital asset sector in Bishkek on April … Read more
Ripple’s Alderoty slams SEC for unclear crypto regulations. SEC withdraws Ripple appeal, signaling retreat from crypto cases. Alderoty urges Congress to enable clear, innovation-friendly crypto laws. Ripple Chief Legal Officer Stuart Alderoty has raised anew concerns about how the United States Securities and Exchange Commission (SEC) deals with cryptocurrency regulation. His statement comes following the … Read more