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Bitcoin is set to reach gold’s market capitalization by 2029, thanks to “structural” ETF inflows and growing governmental adoption, as tariff concerns ease. The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC)…
The court ruling is “absolutely huge for crypto,” says a crypto commentator, as apps will no longer be hit with the hefty charge for off-app purchases. Crypto app developers are now free to direct users to payments outside of Apple’s ecosystem without restrictions or hefty fees, after a United States district judge ruled that Apple…
Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events. Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable…
Arthur Hayes doubts the US government would print money to buy Bitcoin while the “popular narrative” paints Bitcoin bros partying in nightclubs. BitMEX co-founder Arthur Hayes says the United States is unlikely to add more Bitcoin to its reserves beyond what it has already seized due to the country’s high debt levels and the stereotype…
Non-crypto native users comprise about 80% of participants in the decentralized physical infrastructure network. XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile…
Analysts are pointing to signs of approaching trade negotiations in May as a potential catalyst for improved investor appetite in traditional and cryptocurrency markets. Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph….
Sky proposed penalties on Maker tokenholders who are slow to upgrade to SKY tokens as the DeFi protocol pushes to finish its changeover. Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s…
Kraken said its acquisition of NinjaTrader is complete, enabling traditional derivatives trading for US customers as the exchange’s revenue rose to $471.7 million in the first quarter. Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million. Kraken said in…
Galaxy Digital’s Mike Novogratz says the Nasdaq listing will provide an easier gateway for exposure to the crypto and AI ecosystem. Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty. Read…
Honey fraud is a growing global issue, but blockchain-powered self-sovereign identity (SSI) offers an effective solution to tackle food fraud with tamper-proof verification. Opinion by: Fraser Edwards, co-founder and CEO, Cheqd Brutal honesty has its place, especially when confronting discomfort, so here’s one that can’t be sweetened with honey: 96% of imported honey in the…