Former United States President Donald Trump has expressed his openness and positive attitude towards the cryptocurrency industry. He stated that he is "very open minded" to "all things related to this new and burgeoning industry
Hydro-cooling technology has emerged as a leading solution for miners post-halving. This technology utilizes cold plate water cooling, which uses deionized water as the heat transfer medium. Hydro cooling is known for its effectiveness in dissipating heat and maintaining stable and uniform temperatures around mining hardware. It reduces the risk of overheating and hardware failures, ultimately improving the lifespan of mining equipment
Tomar was arrested at the Atlanta airport on December 20, 2023, while visiting family on a travel visa. He was charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, both of which carry a maximum sentence of 20 years in prison
In a tweet from July 2020, Trump mentioned Bitcoin and cryptocurrencies, stating that he is "not a fan" of Bitcoin and believes they are not money, but rather "based on thin air." However, he also acknowledged that cryptocurrencies can be used for illegal activities and expressed a desire for the U.S. dollar to remain the world's currency of choice
Ross Ulbricht is the founder of Silk Road, which was the first modern darknet market with a payment system built on Bitcoin. Silk Road operated from 2011 to 2013 and was used for anonymous buying and selling of goods, primarily drugs
The syndicate is accused of channeling illegally acquired funds through cryptocurrencies . As part of the operation, assets valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen.
During the conversation, Seamus Rocca described what makes Xapo different from a traditional neobank. Xapo is the first bank in the world to fully integrate traditional private banking with crypto. It has collaborated with Circle, a global financial technology company, to become the first licensed bank to integrate stablecoins like USDC and Tether as an alternative to costlier and time-consuming SWIFT payments.
Trump's embrace of crypto is seen as a landmark moment for the industry, as the Republican Party has become increasingly friendly towards digital assets . However, it is worth noting that Trump's views on crypto have evolved over time. In 2019, he tweeted that he was "not a fan" of cryptocurrencies, but more recently, he has stated that he can live with Bitcoin and acknowledges its growing demand
However, it is important to note that several individuals have disputed Trump's description of the area surrounding the courthouse. Conservative attorney George Conway called Trump's statement an "amazing lie". Additionally, a CNN anchor attending the trial stated that Trump's description does not resemble the truth
Circle's decision to relocate its legal base to the U.S. and pursue a public listing aligns with its plans to go public and tap into the U.S. capital market . This move could potentially provide an investor boost for the stablecoin issuer and allow it to align itself with the U.S. regulatory framework . Circle's USDC stablecoin is the second-largest stablecoin behind Tether, and going public could provide Circle with additional resources to promote USDC and enhance its competitiveness
The US actions to block Russian payments to China and other countries have had significant consequences. Russia has responded by blocking Russians from sending money abroad, stopping interest payments on government debt to foreigners, and requiring Russian firms earning dollars to exchange 80% of them for rubles
The exchange is actively reviewing its plans to comply with the European Union's upcoming Markets in Crypto-Assets Regulation (MiCA) framework, which is set to take effect on June 30, 2024 Kraken's global head of regulatory strategy, Marcus Hughes, mentioned that they are planning for all eventualities and will take firm decisions as the regulatory position becomes clearer.
Block Inc., through its subsidiary TBD, has partnered with Chipper Cash to integrate its tbDEX protocol for cross-border payments and decentralized identity use cases in Africa The partnership will help accelerate the development of the tbDEX ecosystem in Africa and expand the network of global cross-border payments
In addition to compensating investors, the settlement also includes a ban on Genesis operating in New York. This is part of Attorney General James' ongoing efforts to increase oversight and regulation in the cryptocurrency industry and protect New York investors. To date, the Attorney General's office has secured more than $2.5 billion from predatory cryptocurrency platforms
62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. The entertainment-focused blockchain project Sophon led the charge by garnering $60 million in a node sale, followed closely by Securitize, which raised $47 million
He made this claim during his speech, stating, "We have a much bigger crowd than Bruce Springsteen, right?". However, it is important to note that Trump's claims about crowd sizes have been criticized in the past for being inflated . Springsteen's concerts typically draw tens of thousands of fans to stadiums, and he has sold out shows at the MetLife Stadium in East Rutherford, which has a seating capacity of 82,500
Robert F. Kennedy Jr., an environmental lawyer and anti-vaccine activist, has been associated with Trump on the issue of vaccines. Kennedy has questioned the vaccines given to children and has been critical of the CDC, FDA, and pharmaceutical industry regarding vaccine safety . Trump reportedly asked Kennedy to lead a commission on vaccine safety, a move that would have challenged established science and medical consensus.
The Department of Justice (DOJ) has refused to hand over the audio recordings to House Republicans, who have threatened to hold Attorney General Merrick Garland in contempt for not producing them. The DOJ has provided Republicans with the transcript of Hur's interview with Biden's book ghostwriter, Mark Zwonitzer . Republicans have sought the audio of the interview after Hur's report on Biden's handling of classified information criticized his memory
The transition of power is likely to strengthen Taiwan's ties with the United States. During his campaign, Lai emphasized his commitment to bolstering Taiwan's global standing through strengthened ties with the U.S. and other democratic allies . It is expected that Lai will continue the policies of his predecessor, President Tsai Ing-wen, who also worked to strengthen ties with the U.S.
It's worth noting that the launch of these ETFs has generated significant investor interest. In the first three days of trading, the spot bitcoin ETFs attracted nearly $2 billion in investments . Additionally, on the first day of trading, U.S.-listed bitcoin ETFs saw $4.6 billion worth of shares trade hands
Casascius physical bitcoins are tangible assets that contain an embedded piece of paper with digital Bitcoin value, covered by a tamper-resistant hologram . These physical bitcoins were created by Bitcoin user Casascius (Mike Caldwell) and were sold until November 26, 2013. They are available in various denominations, including 1, 10, 25, 100, and 1000 BTC increments
The government installed 300 processors at the La Geo Geothermal Power Plant to mine cryptocurrency, utilizing geothermal resources from the country's volcanoes to power the computers that perform the calculations for Bitcoin transactions . This move is part of El Salvador's efforts to promote the use of Bitcoin as legal tender and explore greener options for crypto mining
This investment constitutes approximately 3% of Millennium Management's $64 billion fund as of the first quarter of 2024 . The firm's Bitcoin ETF holdings include investments in BlackRock, ARK21, Bitwise, Fidelity, and Grayscale . Notably, Millennium Management holds over $844 million in ETF shares under BlackRock, making it the largest allocation in spot Bitcoin ETFs for the firm
Bitcoin experienced a challenging month in May, with its price dipping below $60,000 and reaching a low of $56,500 on May 1, 2024. However, as June approaches, the price has shown improvement and is currently valued at $66,900 per unit
The surge in cryptocurrency mining in Laos is attributed to a policy push to establish data centers in 2021 . However, the increased electricity demand from mining operations, combined with lower rainfall affecting hydropower generation, has put a strain on the power grid.
Canaan, a crypto mining rig producer, reported a net loss of $39.4 million in the first quarter of 2024. However, this loss was narrowed by unrealized gains. The company's financial results showed a decrease in net loss compared to previous quarters
She has expressed concerns about the potential dangers to consumers, the risk of financial crimes, and the environmental impact of cryptocurrency due to its electricity usage . However, her anti-cryptocurrency crusade is facing pressure from her own party, with dozens of Democrats, including Senate Majority Leader Chuck Schumer, breaking with her and supporting efforts to undo SEC guidelines that critics argue discourage banks from holding digital assets
Furthermore, Trump has been drawn to Minnesota because it is an Upper Midwestern state, which is a region that has historically been competitive in presidential elections. Winning in this region is seen as crucial for any candidate hoping to secure the presidency. Trump has also highlighted his rally attendance in New Jersey as evidence that he could flip traditionally Democratic strongholds, further fueling his belief that he could win in Minnesota
Sanders won the Arkansas governor's race with Trump's endorsement and 63% of the vote, making her the youngest governor currently in office nationwide . Her campaign focused primarily on national issues, and she promised to use the office to fight President Joe Biden and the "radical left"
.
It is worth noting that Macron has previously dropped his drive to seek conciliation with Russian President Vladimir Putin, and in recent months, he has even increased his anti-Russian rhetoric. However, Macron has not ruled out sending ground troops to Ukraine to support Kyiv
The specific allegations against Uniswap Labs remain unclear, but possible charges could include unregistered securities offerings or regulatory non-compliance Uniswap's founder, Hayden Adams, has voiced frustration with the SEC's aggressive posture towards longstanding crypto entities and has affirmed Uniswap's legality and transformative impact on financial infrastructure
One of the factors driving the recent surge in Bitcoin and the broader crypto market is the increased institutional interest in spot Bitcoin ETFs. For example, the State of Wisconsin Investment Board has disclosed that it holds approximately $164 million in spot Bitcoin ETFs, indicating a growing institutional appetite for Bitcoin investment products . This increased institutional interest is seen as a positive catalyst for the BTC price
Kraken's Global Head of Regulatory Strategy, Marcus Hughes, stated that the exchange is actively reviewing plans and considering all eventualities, including situations where it may not be tenable to list specific tokens like USDT . The exchange is closely monitoring the regulatory landscape and will make firm decisions as the position becomes clearer
. It is worth noting that OKX, another cryptocurrency exchange,
The high initial fully diluted valuation (FDV) of these tokens, which averages over $4.2 billion, despite not having a real user base, can significantly limit their upside potential
. As a result, many of these tokens are seen as "exit liquidity" for insiders who capitalize on the lack of retail access to quality early investment opportunities
The developers of zkSync, Matter Labs, have raised a total of $458 million across several funding rounds from investors like Blockchain Capital and Dragonfly Capital
.There have been murmurs of an airdrop since March last year when investors bridged over $8 million worth of tokens to zkSync to be eligible
.
The debut of the spot bitcoin and ether ETFs in Hong Kong was relatively lukewarm, with mixed trading results. The first-day total turnover of the six ETFs was about $112 million, significantly lower than the $4.6 billion recorded on the first day of trading in the United States. However, issuers mentioned that the funds raised before the official listing were sizable, thanks to interest from both crypto and traditional investors
It is important to note that while a golden cross has historically been followed by price gains, there have been instances where the opposite has occurred. For example, in February 2020, a golden cross triggered a 61% drop in Bitcoin's price . Therefore, while the golden cross is seen as a bullish signal, it is not a guarantee of future price increases
Jury selection for the criminal trial of former President Donald Trump is set to begin on Monday, May 20, 2024 . The trial is significant as it marks the first time a former U.S. president is standing trial on criminal charges .Opening statements in the trial are scheduled to begin on Monday, May 20, 2024
one of the top cryptocurrency tracking platforms, the 5 cryptocurrencies that rose the most in the last 30 days include one that rose by an impressive 128,832%. Unfortunately, the specific cryptocurrencies that experienced such significant gains are not mentioned in the search results provided. To find the exact cryptocurrencies, it would be best to visit the CoinGecko website or refer to the latest market reports from reputable sources.
Transporter is built on Chainlink's Cross-Chain Interoperability Protocol (CCIP) and offers a user-friendly interface for submitting and monitoring cross-chain transactions. It leverages Chainlink's CCIP technology, which is also used by SWIFT, to move a large value of tokens and critical messages safely across blockchains
FTX founder Sam Bankman-Fried has filed a notice of appeal to challenge his conviction and sentence on fraud charges stemming from the collapse of his FTX cryptocurrency exchange . Bankman-Fried was sentenced to 25 years in prison for his conviction on seven counts of wire fraud and conspiracy to launder money. In addition to the prison sentence, he has also been ordered to forfeit $11 billion in assets
OpenAI is known for its groundbreaking AI application called ChatGPT, which has gained significant popularity. Wood has expressed admiration for OpenAI's data advantage, which she believes is the "secret sauce" behind the chatbot's ability to produce convincing content. OpenAI achieves this by scraping the entire history of the internet and answering questions based on that vast dataset
GBTC currently has the highest management fees among U.S. Bitcoin ETFs, at 1.5% per year, compared to the average of 0.30% for its competitors. The high fees have contributed to outflows from GBTC, which reached $12 billion. Grayscale hopes that by lowering the fees, it can address this issue and attract more investors.
The ease of launching pre-sale campaigns, coupled with investors' fear of missing out on potential profits, has contributed to the increase in fraudulent activity. The hype around meme coins, such as Book of Meme (BOME), has made users more susceptible to scams. The scammers exploit users' enthusiasm and use sophisticated social-engineering tactics to lure investors
The Hong Kong Securities and Futures Commission (SFC) has reportedly expedited the approval process for spot Bitcoin ETFs, with multiple asset management companies expected to receive regulatory approval. These companies include ChinaAMC, Harvest Global, Bosera International, and HashKey Capital
The goal of DappOS is to streamline on-chain outcomes and simplify blockchain interactions by providing developers with infrastructure that integrates intent-centric functionality. The aim is to make the blockchain user experience more user-friendly and intuitive, similar to mainstream applications like TikTok
Max Keiser made a statement claiming that US politicians who attack Tether don't understand that USDt is the same as the US dollar (USD) and that they are essentially attacking the USD. He finds it amusing to watch. However, it's important to note that this statement is an opinion expressed by Max Keiser and may not necessarily reflect the views of all individual
the RSI is just one indicator among many used by traders to analyze market conditions. Traders often combine the signals from the RSI with other indicators to make informed decisions. Additionally, the RSI is a momentum-based oscillator that measures the speed and magnitude of directional price movements
Five months after a social media post from Trump scuttled Tom Emmer's hopes of becoming House Speaker, the former president praised him at a Mar-a-Lago fundraiser that earned Emmer more than $300,000. The rapid turnabout comes as party divisions over Ukraine threaten to sink House Speaker Mike Johnson, and both Emmer and Trump stand to gain from their strengthened ties
According to the European Securities and Markets Authority (ESMA), the implementation of MiCA has not yet led to an increase in euro-denominated crypto transactions. The level of such transactions has remained steady at around 10% since the regulation became law in 2023
Coinbase in the UK has integrated Apple Pay, allowing users to purchase cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) using their iPhones' Apple Pay feature. Coinbase believes that enabling Apple Pay provides users with a more secure and private way to buy crypto. When users make Apple Pay purchases, the card numbers are not stored on the device or Apple servers. Instead, a unique device account number is assigned, encrypted, and stored in an industry-standard chip for storing payment
Former President Donald Trump has attacked RFK Jr., portraying him as a liberal Democrat in disguise and suggesting that his campaign could act as a spoiler for President Biden's campaign . Trump has pointed to RFK Jr.'s views on climate change and the environment as reasons for his support. On the other hand, the Kennedy campaign insists that they are a spoiler for both Biden and Trump, but some suggest that RFK Jr. may be more of a spoiler for the Biden campaign
Notes by melina dest | export