Using Power Laws to predict when the Bitcoin price will hit $1 million

The following is a guest post by Rajagopal Menon, the Vice President of WazirX.Come the bull market, cometh the models to predict the price of Bitcoin. In the last bull market in... Read more »

Analyzing the US Government’s Bitcoin holdings: What you need to know

The following is a guest post from Vincent Maliepaard, Marketing Director at IntoTheBlock. According to the latest data from IntoTheBlock, the U.S. government holds over 1% of the Bitcoin supply, valued at... Read more »

Kraken considers delisting USDT in Europe due to MiCA rules

Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it... Read more »

Infamous crypto scam service Pink Drainer shuts down after netting $85 million

Pink Drainer, a notorious crypto wallet-draining service, is winding down its operations, according to a May 16 screenshot shared by blockchain sleuth ZachXBT. A Dune analytics dashboard by Web3 anti-scam firm Scam... Read more »

India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model

Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country. Reuters reported that the Securities and Exchange Board of India... Read more »

MakerDAO’s dual stablecoin solution promises to resolve longstanding trilemma

Rune Christensen, the founder of MakerDAO, has proposed a novel solution to the Stablecoin Trilemma. This trilemma posits that achieving a stable value pegged to the dollar, maintaining decentralization, and scaling to... Read more »

Millennium, Schonfeld disclose combined $2.4 billion spot BTC ETF investments

Millennium Management and Schonfeld Strategic Advisors disclosed some of the largest spot Bitcoin ETF investments among traditional financial firms to date, according to their 13F filings for the first quarter. Millennium invested... Read more »

Degen Chain restarts after two-day outage, still stabilizing infrastructure

Degen Chain, an Ethereum layer-3 blockchain, has resumed operations two days after halting block validation. The pause, which began on May 12, rendered several decentralized applications and bridges operating on it non-functional.... Read more »

CoinShares brought in $55 million in Q1 2024 in ‘strongest quarter ever’

CoinShares reported $55.2 million in revenue, gains, and other income for the first quarter. The EU crypto investment firm’s May 14 earnings report described the total as a 216% year-over-year increase. CoinShares... Read more »

Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore

Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on... Read more »