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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Bitcoin reaches one billion transactions
Bitcoin reaches one billion transactions

Cointelegraph·2024/05/05 23:52
Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI
Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI

The total volume of stablecoins traded on Ethereum last month was significantly higher than any month previously, but the majority of volume was contributed by a single stablecoin: DAI. DAI has been increasingly involved in complex MEV transactions utilizing flash loans, seemingly accounting for the increase in volume.

The Block·2024/05/05 20:28
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec

Several crypto venture capital firms, including Pantera Capital, are raising new mega funds.Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry.

The Block·2024/05/05 13:40
ALGO, AVAX, HNT, LINK Price Analysis: May 5
ALGO, AVAX, HNT, LINK Price Analysis: May 5

Coinedition·2024/05/05 13:10
Flash
  • 10:50
    The Arkansas Senate rejected a bill to ban cryptocurrency mining near military facilities
    According to The Block, the Arkansas Senate City, County and Local Affairs Committee rejected a bill by 6 votes to 1 that would prohibit the establishment of cryptocurrency mining operations within a 30-mile radius of military facilities. The original bill also included an emergency clause that if a licensed cryptocurrency mining facility is located near a military facility, the state government can revoke its business license. The bill stated that this measure was necessary for ensuring the health and safety of Arkansas and its citizens.
  • 10:49
    Nominal value of $8.38 billion BTC and $1.96 billion ETH option contracts will expire today
    Analyst Adam from Greeks.live posted on social media, "80,000 BTC options are due for settlement today, with a Put Call Ratio of 0.68 and the biggest pain point at $98,000 USD, having a nominal value of $8.38 billion USD. Also, 603 thousand ETH options are due for settlement today with a Put Call Ratio of 0.43 and the biggest pain point at $3,300 USD; these have a nominal value of $1.96 billion USD."
  • 10:48
    7 British gang members sentenced to prison for kidnapping cryptocurrency investors
    The Manchester Court in the UK has passed judgement on 7 gang members who kidnapped and extorted cryptocurrency investors. These criminals repeatedly kidnapped, beat, and threatened their victims from January to November 2023, extorting a total of approximately £100,000 (about $124,000) in cryptocurrency. Among them, Jonathan Newns and David Povey were both sentenced to 20 years imprisonment while other members received sentences ranging from 13 years and 6 months to 2 years and 4 months.
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