Day: May 6, 2025

Expert Anticipates BTC Will Not Dip Below $100K Next Year

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last…

Dormant Bitcoin whales awaken after a decade, $325m moved ahead of Fed rate decision

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Two long-dormant Bitcoin wallets from the early “Satoshi era” have suddenly become active after more than a decade of silence, moving a combined $325 million worth of Bitcoin just ahead of a major U.S. Federal Reserve interest rate decision. According to blockchain analytics platform Spot On Chain, the first whale transferred 2,343 BTC, valued at approximately $222.2 million, to a new wallet after being inactive for 10.5 years. Historical data shows that this whale originally acquired around 2,187 BTC in July 2013 for just $185,850, an average price of $85…

OP_RETURN Conflict: Ocean Mining Accuses Core Developers of Colluding to Fill Bitcoin With ‘Spam’

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Bitcoin Mechanic, the pseudonymous global head of sales at Ocean Mining, stressed that Bitcoin Core developers were colluding with Citrea, a Bitcoin Zero Knowledge (ZK) expansion product, to facilitate the inclusion of so-called “spam” in the blockchain. Ocean Hints at Citrea-Bitcoin Core Collusion in OP_RETURN Spam Debate The conflict surrounding the possible removal of the […] Original

Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe

NATIX, a decentralized physical infrastructure network (DePIN) focused on mapping data on Solana, shared Tuesday that it is teaming up with taxi service Grab to provide more accurate mapping technologies. Grab, which is known for its taxi services in southeast Asia but also crowdsources mapping data for its technological mapping arm, will be using its collaboration with NATIX to expand its footprint into the U.S. and Europe. The partnership consists of the NATIX team using Grab’s hardware and software technologies for mapmaking. “We take care of the data collection side,…

IRS appoints Trish Turner to head crypto division amid resignations

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Veteran US Internal Revenue Service (IRS) official Trish Turner was appointed to lead the agency’s digital assets division following the departure of two key crypto-focused executives. Turner, who has spent over 20 years at the IRS and most recently served as a senior adviser within the Digital Assets Office, will now head the unit, according to a report from Bloomberg Tax citing a person familiar with the situation. Her promotion marks a significant leadership transition at a time when US crypto tax enforcement is facing both internal and external pressures.…

Coinbase CEO Urges U.S. Lawmakers to Pass Stablecoin Bill

Key Notes Coinbase CEO asks lawmakers to pass the GENIUS Act. The GENIUS Act is meant to regulate stablecoins. Armstrong has requested that lawmakers build on FIT21’s momentum. The CEO of a cryptocurrency exchange Coinbase has called on the Senate to accept the GENIUS Act. Using his X account, Brian Armstrong disclosed that he supported the “Senate starting debate on the GENIUS Act”. Congress has a real opportunity this week to advance stablecoin and market structure legislation. We strongly support the Senate starting debate on the GENIUS Act — and…

Crypto Analyst Calls Wave 5 To Send XRP Price Above $6

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So…

LTC Price Cracks 6% as SEC Delays Litecoin ETF Approval

Key Notes LTC’s daily trading volumes surged by 50% to $553 million, with investors eyeing $81.54 as a potential support level for a recovery. Popular crypto analyst Crypto Patel sees Litecoin in its “Best Accumulation Zone” between $65-$85, with a short-term target of $250. The US SEC is seeking public input on compliance standards for the Litecoin ETF, with comments due by the end of the month. Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M price has cracked nearly 6% earlier today after the…

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January. However, the path higher may not be so straightforward. The latest analysis by Glassnode shows potential for increased selling pressure from some groups of market participants at around $99,900. For a start, long-term holders — defined by Glassnode as wallets that have held coins for at least 155 days — may take profits at $99,900. This aligns with their historical behavior of selling at price…

US Senate crypto bills stall amid Trump ties and ethics concerns

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Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto. In a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand to personally profit from an investment involving UAE state-backed firm MGX, crypto exchange Binance and World Liberty Financial (WLFI). The senators called for an urgent probe, warning the deal may violate the US Constitution’s Emoluments Clause and federal bribery statutes. At the…