HYPE Surges with Bullish Reversal
@HYPE token surges over 115% since April 7th low, reclaiming key levels with strong support at $17; eyes breakout above $22 amid bullish momentum. #Update #Crypto $HYPE (+6) ↗
Crypto News
General category for all types of news related to the cryptocurrency world.
AI Art Controversy: Civitai Bans Kinky Content
CivitAI’s new content policies spark user backlash over censorship and monetization issues, leading to resource stockpiling and local AI generation. #Update #Legal (-6) ↘
Economist Sachs: Trump’s Tariffs Mistake
Jeffrey Sachs criticized the Trump administration’s tariff strategy, stating it won’t hinder China and Russia’s growth if WTO rules are followed. #Update #Trade (+2) →
Stablecoins Surge US Treasury’s $2T Forecast
The U.S. Treasury Department supports @StanChart’s projection that stablecoins could reach $2 trillion by 2028, citing potential impacts on U.S. monetary infrastructure and global dollar dominance #Update #Crypto $USDT (+4) ↗
Crypto Tokens: 50 Percent Failure Rate
Over 50% of crypto tokens have failed in the past five years, with a significant decline in survivability noted by @CoinGecko’s recent report. #Update #Crypto $BTC (-6) ↘
US Economy Warning Severe Deceleration Ahead
Economist Alex Krüger warns of severe US economic deceleration, advising Bitcoin ($BTC) as a potential hedge amid uncertainty. He cautions against chasing altcoins now. #Update #Crypto $BTC (-4) ↘
AntiCorruption Bill Blocks Officials Assets
Ukrainian lawmaker Danylo Hetmantsev asserts the new virtual assets bill enforces strict asset declarations with criminal penalties, aligning Ukraine’s regulations with global standards. #Update #Legal (+3) ↗
Crypto Hacks Cost $364 Million April
CertiK reports $364M lost to crypto hacks in April, with $337M from phishing. Significant incidents include a 3,520 BTC theft and KiloEX’s $7.5M exploit. #Breaking #Crypto $BTC (-9) ↘
Tesla Denies CEO Search Report
@Tesla board refutes @WSJ report on CEO search, with Elon Musk calling the article false amid focus on government role and company challenges #Update #Corporate @Tesla (-3) ↘
Bitcoin Rebound MEXC Web3 Vision Unveiled
@MEXC_Global COO Tracy Jin discusses the $30M Web3 talent initiative, RWA tokenization risks, and bitcoin sentiment amid regulatory changes. #Update #Crypto $BTC (+3) ↗
OpenAI Pauses ChatGPT Update Amid Complaints
@OpenAI retracts ChatGPT update after users criticize its insincere politeness, introducing customizable chatbot personalities for enhanced user control. #Update #Tech (+3) ↗
Crypto Milestone: Altman’s Eyeball-Scanning Launch
@Worldcoin launches its eyeball-scanning crypto project in six U.S. cities, offering $WLD tokens for biometric data, amid privacy concerns and regulatory scrutiny. #Update #Crypto $WLD (-3) ↘
Crypto Giant Galaxy Digital Eyes Nasdaq Debut
@GalaxyDigital plans to list on Nasdaq as GLXY on May 16, pending shareholder approval, marking a transformative milestone for the firm. #Update #Crypto (+3) ↗
Digital Assets Bill Passes NC House
North Carolina’s House passed the “Digital Assets Investment Act,” allowing state investments in digital assets, now moving to Senate for debate. #Update #Crypto $BTC (+3) ↗