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Bitcoin (BTC) experienced a brief price correction on May 12, dropping to $102,388 after reaching an intraday high of $105,819. This correction followed positive news, including a tentative US-China trade deal and significant Bitcoin acquisitions by companies like Strategy (13,390…
TradingView, a popular charting service for financial markets, is facing scrutiny over a reported bug in its Fibonacci retracement tool. This bug, affecting logarithmic charts, reportedly performs linear calculations instead, a significant issue for Elliott wave traders who rely on…
OpenAI, the artificial intelligence firm, is currently negotiating a revised investment deal with its major financial backer, Microsoft. This renegotiation, reported by the Financial Times, centers around Microsoft potentially relinquishing some equity in OpenAI in exchange for continued access to…
Recent US-China trade talks have yielded “substantial progress,” according to a White House announcement, although specifics remain undisclosed. Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer issued a joint statement on May 11th, promising further details on May…
Ledger, a prominent hardware wallet provider, recently experienced a security breach on its Discord server. On May 11th, a malicious actor compromised a moderator’s account, leveraging it to disseminate scam links designed to steal users’ seed phrases. The attacker used…
The increasing government oversight of stablecoins is driving demand for censorship-resistant alternatives, termed “dark stablecoins.” This shift is fueled by concerns over stricter regulations mirroring those imposed on traditional banks. CryptoQuant CEO Ki Young Ju highlights potential consequences: automatic tax…
Tinian, a small island in the Northern Mariana Islands, is poised to become the first US public entity to issue a stablecoin. The Tinian Senate recently overrode Governor Arnold Palacios’ veto of a bill authorizing the issuance of a “Tinian…
Bitcoin’s price movements in relation to US-China trade negotiations offer insights into its role as a safe-haven asset. In April, following President Trump’s tariff announcements, Bitcoin significantly outperformed the stock market, recovering strongly from a dip to $75,000 to reach…
Metaplanet, a Japanese investment firm, has significantly expanded its Bitcoin holdings, surpassing even El Salvador’s national reserves. Their recent acquisition of 1,241 Bitcoin for approximately $129 million brings their total to 6,796 BTC, currently valued at around $707 million. This…
The cryptocurrency industry is facing a rising tide of offline crime, with kidnappings and extortion becoming increasingly common tactics for criminals targeting industry participants. Recent incidents highlight the evolving nature of these attacks, moving beyond online scams like social engineering…
