Bitcoin Losses Offset Metaplanet Q1 Profit Surge
@Metaplanet reported Q1 operating income of ¥2.27B ($14.38M) but faced a net loss of ¥728M due to Bitcoin valuation drops; BTC holdings increased to 40,177. #Update #Crypto $BTC
Bitcoin Breakout Signals Copper Gold Surge
The copper-to-gold ratio has surpassed its 200-day moving average, historically signaling the start of bitcoin bull markets; current ratio at 0.00142. #Update #Crypto $BTC
Bitcoin Stocks Rise Despite Hot CPI
Crypto Markets React to Inflation and Regulatory Developments April’s CPI report showed a headline inflation increase of 0.6%, with a year-over-year rate of 3.8%. Bitcoin rebounded from $80k to $80.7k after initial market sell-off. The Clarity Act, aimed at regulating digital assets, received over 100 amendments before its Senate markup. Ethereum developers launched Clear Signing… Read More »Bitcoin Stocks Rise Despite Hot CPI
Stellar Lands Major Onchain Deal
The Stellar Development Foundation and Bermuda’s government are shifting key financial services to the Stellar network, aiming for a fully on-chain economy. #Update #Crypto $XLM
Ethereum Liquidity Surges via Maple Partnership
Maple integrates with Ink to offer syrupUSDT to 10M users, enhancing institutional liquidity on the OP Stack-based network. #Update #DeFi
Lufthansa Resumes Israel Flights in June
Lufthansa plans to resume Israel flights in June, reducing perceived airspace closure risks. Current market pricing reflects a 30.5% chance of closure by May 31. #Update #Market
Ethereum Launches Standard to Prevent Blind Signing
Ethereum’s ecosystem working group has launched the Clear Signing standard to combat blind transaction signing, backed by @EthereumFoundation, @Ledger, @MetaMask, @Trezor, and @WalletConnect. #Update #Crypto $ETH
DeFi App Legend Shuts Down Amid Market Turmoil
@Legend has announced it will wind down after two years, citing insufficient growth for sustainability. This follows over 20 DeFi protocols shutting down in 2023 amid a challenging market. #Update #DeFi
Ethereum Foundation Unstakes $50M ETH Sparks Selloff
The Ethereum Foundation unstaked approximately $50 million worth of $ETH, cashing out 21,271 ETH, raising concerns about a potential selloff in the crypto market. #Breaking #Crypto $ETH (-8) ↘
Bitcoin Tests $82K Resistance for Major Breakout
Bitcoin $BTC is trading at $80,949.32, facing resistance just below the 200-day SMA and EMA around $82,000-$82,500; key levels to watch for potential recovery. #Update #Crypto $BTC
Ethereum Developers Launch Blind Signing Fix
Ethereum developers propose “clear signing” to eliminate blind signing risks, aiming for safer transactions. Supported by Ethereum Foundation, Ledger, Trezor. #Update #Crypto $ETH
Bitcoin Reserves Plummet 63% Amid Exodus
Exodus drained 63% of its Bitcoin reserves as Q1 losses doubled year-over-year, highlighting significant financial challenges. #Update #Crypto $BTC
Bitcoin Acquired 2,110 BTC via STRC
@Strategy bought 2,110 $BTC on May 13 using proceeds from its STRC preferred stock program. This raises their total holdings to approximately 820,979 BTC. #Breaking #Crypto $BTC
Bitcoin Approaching Key Resistance Levels Soon
Popular crypto analyst Michaël van de Poppe states Bitcoin ($BTC) is not at risk of collapse, predicting a rise to $88,000 amid bullish momentum and increased altcoin activity. #Update #Crypto $BTC (+5) ↗