Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead. “Investing in REAL ESTATE is a BAD INVESTMENT!!! Don’t be fooled; real estate is NOT […] Original
Despite macroeconomic uncertainty, Bitcoin miners are showing confidence in further upside, as stable reserves signal their belief in continued market growth. Bitcoin (BTC) miners have shown no significant signs of capitulation, with on-chain data continuing to signal a bullish outlook, analysts at Bitfinex Alpha wrote in a recent research report. They noted that despite macroeconomic turbulence and a 32% drop from Bitcoin’s all-time high in 2024, miner reserves have remained stable. As of May 5, reserves were at 1,808,674 BTC, showing little fluctuation from December 2024 levels, suggesting a cautious…
Decentralized autonomous organization (DAO) HydraDAO claims that its researchers were able to use a novel technique to repair severed spines in rats. In a May 5 X post, decentralized science (DeSci) project HydraDAO said that one of its research projects resulted in “rats who had their spines fully transected” being able to walk again. More notably, recovery from surgery reportedly only took five days. Source: HydraDAO The post featured a video of partially shaved (presumably due to surgery) rats walking in what appeared to be a laboratory setting. The effort…
By Omkar Godbole (All times ET unless indicated otherwise) As bitcoin (BTC) and the wider crypto market await the Fed’s rate decision on Wednesday, an anomaly has emerged that could weigh heavily on market mood: renewed doubt over the passing of U.S. crypto regulation. Early Tuesday, CoinDesk reported that Senate Democrats are hesitant to push forward landmark stablecoin legislation, citing concerns over President Donald Trump’s growing personal gains from his crypto ventures. When Trump took office, many observers felt crypto regulation would proceed smoothly. Looking back, that optimism was probably…
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…
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…
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
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,…
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.…
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…