31 May 2024
Institutional participation fuels Bitcoin futures resurgence
Bitcoin futures open interest has rebounded recently, reaching unprecedented levels as Bitcoin's price approached $70,000. This signals renewed investor interest and market engagement. Read more
Bitcoin market split as buying and selling volumes remain the same
Bitcoin’s spot trading volumes over the past week show varying market activity and sentiment, with price volatility peaking at $69,270 and then stabilizing around $68,000 to $69,000. Read more
Rising MVRV Z-Score signals possible Bitcoin bull run
The MVRV Z-Score, which compares Bitcoin's market value to its realized value, suggests a potential bull run as high on-chain activity continues despite low price volatility. Read more
Tether asserts almost 75% dominance in stablecoin market
Tether (USDT) dominates the stablecoin market with a market cap of $112 billion, solidifying nearly 75% market share, a level not seen since January. Read more
Musk denies reports claiming he has been counseling Trump on crypto
Elon Musk denied advising former President Donald Trump on crypto matters but reaffirmed his support for digital assets. Read more
Bitcoin whale accumulation echoes 2020: CryptoQuant CEO
CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends. Read more
Bitcoin firm, Texas university partner for $5M endowment fund
A Bitcoin financial services firm and UATX plan to raise $5 million to invest in Bitcoin over the next five years. Read more
OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’
OpenAI terminated accounts linked to several alleged foreign covert influence operations. Read more
How 1,500 new Bitcoin millionaires per day deal with getting rich
Around 1,500 Bitcoin wallets top the million-dollar mark each day. Read more
Blockchain helps harvesting better avocados in Kenya — Here’s how
Blockchain and AI are helping small-scale farmers address significant challenges in avocado production. Read more
Crypto losses from fraud and hacks declined 12% in May — Immunefi
The decline in crypto scams and frauds continued, with $52 million lost in May compared to $59 million the previous year. Read more
Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally
The uptick in Ether's put-call ratio signals a bullish outlook. Read more
First Mover Americas: Crypto in the Red Ahead of Friday's U.S. Inflation Data
The latest price moves in Bitcoin and crypto markets in context for May 30. Read more
Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide
Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release. Read more
Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen
The address has already made $200 million from its Ether holdings. Read more
Exclusive: Joe Lubin unpacks SEC battle, Ethereum roadmap and Vitalik Buterin
Consensys CEO Joe Lubin explains why the firm is taking legal action against the SEC and discusses Ethereum’s roadmap. Read more
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