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Why has the world's largest cryptocurrency, Bitcoin, experienced a decline recently? The analyst evaluated the current situation.
Bitcoin hashrate is rising, reflecting increased confidence in BTC's value amid advancements in mining technology.
Kenya's Treasury Secretary unveils plans to legalize cryptocurrencies, introducing regulations to harness blockchain potential while tackling money laundering and fraud risks.
With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.
- 04:50Overview of Important Developments on May 10th at Noon7:00-12:00 Keywords: Pudgy Penguins, Cointelegraph, TRUMP, NODE 1. Pudgy Penguins launches the blockchain game Pengu Clash on the TON platform; 2. TRUMP official: Transferring 3.5 million tokens to CEX to support liquidity; 3. Cointelegraph's official Twitter was hacked and sent direct messages to followers to steal X accounts; 4. U.S. stock Next Technology's share price surged over 700% due to a significant increase in Bitcoin holdings in Q1; 5. VanEck On-Chain Economy ETF (NODE) will officially launch on May 14; 6. TRUMP: Trump will announce the next phase of the TRUMP token on the day of the dinner; 7. Fed's Musalem: Should not commit to rate cuts before the impact of tariffs on inflation becomes clear.
- 04:47Data: A Certain Ethereum Whale Once Lost Over $11 Million, Still Increases ETH HoldingsAccording to ChainCatcher, monitored by Lookonchain, an Ethereum whale investor, despite previously losing over $11 million on ETH, has continued to increase their holdings recently. Three months ago, the investor sold all their ETH at approximately $2,740, incurring a loss of about $11 million. A month ago, they repurchased 2,713 ETH at $1,502 each (approximately $4.07 million). As ETH prices rebounded recently, they doubled down, buying 9,023 ETH at $2,277 each (approximately $20.55 million). The market is currently watching to see if their subsequent actions will reverse the losses.
- 04:47WIF surpasses $0.85, 24-hour increase reaches 26.4%According to Jinse Finance, market data shows that WIF broke through $0.85 and is now reported at $0.834, with a 24-hour increase of 26.4%. The market is highly volatile, so please ensure proper risk management.