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news.bitcoin.com Moscow Exchange Launches Landmark Bitcoin Index

The Moscow Exchange has launched a bitcoin index, bolstering crypto offerings and potentially opening new financial instruments. Moscow Exchange Strengthens Crypto Offerings With New Bitcoin Index The Moscow Exchange (MOEX) is taking a significant step into the cryptocurrency market with the launch of its new MOEX Derivatives Market Bitcoin Index (MOEXBTC). This initiative marks a […]

bitcoinist.com Pudgy Penguins Partners with NASCAR: New Meme Coins on Presale for a Speed Boost

In a significant move bridging the gap between digital collectibles and mainstream sports, the popular NFT brand Pudgy Penguins ($PENGU) has partnered with NASCAR. The aim is to introduce the adorable crypto-native characters to a global audience of motorsport enthusiasts, with the announcement generating considerable excitement. The partnership highlights a broader trend of crypto solidifying […]

news.bitcoin.com Biometric Crypto ID Project World Adds Native Support for USDC Stablecoin

Circle has announced the launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) V2 on World Chain. This development allows the nearly two million users who previously held bridged USDC in their World App wallets to upgrade to native USDC issued directly by Circle, ensuring that their holdings are now fully backed by liquid […]

bitcoinist.com PayPal Integrates PYUSD on Stellar for PayFi: New Crypto to Explode Next

PayPal’s latest move is turning heads. The payments giant is bringing its stablecoin, PYUSD, to the Stellar blockchain. That might sound like a quiet technical upgrade, but in the crypto world, it’s a thunderclap. It means PayPal is doubling down on crypto – but doing it the boring (and probably smart) way: with stablecoins and […]

bitcoinist.com Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces

Brian Moynihan, CEO of Bank of America (BAC), announced on Wednesday that the bank is poised to explore stablecoins once significant crypto legislation is enacted.  Future Of Stablecoins In Focus Speaking at a Morgan Stanley conference in New York, Moynihan emphasized the bank’s readiness to engage with digital currencies, stating, “We’re working with the industry… […]

news.bitcoin.com Bitcoin.com Casino Has Landed: The Crypto Casino That Actually Gets It

PRESS RELEASE. TEXT The wait is over. Bitcoin.com Casino is live and it’s not just another crypto casino. Built by a team that lives and breathes crypto culture, this isn’t about recycled games or copy-paste promotions. This is next-level gaming for the next generation of players: bold, gamified, and packed with real rewards. What Makes […]

blockonomi.com Bitcoin Price Update: $108K Breakout In Sight as RSI Hints at Final Bull Phase and Altcoin Surge

TLDR: Bitcoin (BTC) retests the range high near $108K, a key level for confirming bullish continuation. A breakout or breakdown from the current range may define June’s broader trend. The monthly RSI enters the overbought zone, often signaling the peak phase of a bull run. Analysts expect altcoin rotation and volatility if Bitcoin breaks above [...] The post Bitcoin Price Update: $108K Breakout In Sight as RSI Hints at Final Bull Phase and Altcoin Surge appeared first on Blockonomi.

bitcoinist.com Bitcoin’s High Euphoria Spurs UK Company’s $5 Million Buy

A handful of UK-listed companies have taken fresh steps to tie their balance sheets more closely to Bitcoin. Moves range from making new purchases to routing gold revenues and even opening retail crypto trading on the London Stock Exchange. The developments show growing corporate interest in holding and trading digital assets alongside more traditional operations. […]

news.bitcoin.com Brazilian Party Proposes Bill to Restrict Bitcoin Mining and Tax Trading Activities

A new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in Brazil. The draft restricts cryptocurrency trading to licensed traders and establishes a daily tax on these activities. Lula’s Party Bill to Establish Restrictions on Bitcoin Mining, Cryptocurrency Trading While Brazil already has a […]

bitcoinist.com Stablecoin $2T Projection and Future GENIUS Approval: $SNORT Gives You the Edge in the Market

The US Senate has taken a big step toward passing the GENIUS Act; its first major crypto law focused on regulating stablecoins. Yesterday, the bill cleared a key vote with a 68–30 majority, marking strong bipartisan support and signaling a substantial shift in US crypto policy. If lawmakers get their act together, US Treasury Secretary […]

blockonomi.com ONDO Forms Bullish Fractal, Analysts Forecast Rally Toward $3

TLDR: ONDO price holds near ascending channel support, signaling bullish continuation. Analysts spot a fractal pattern mirroring a past breakout from similar levels. The current pullback is seen as a healthy correction before the next upward price move. Price could climb toward $3 if momentum confirms a breakout from the current range. The ONDO price [...] The post ONDO Forms Bullish Fractal, Analysts Forecast Rally Toward $3 appeared first on Blockonomi.

bitcoinist.com Ethereum Breaks Above Month-Long Range – 1.3M ETH Held At $2.70K–$2.74K May Anchor Price

Ethereum is holding firm above the $2,750 level after retracing slightly from a local high of $2,830 set just a few hours ago. The move marks a strong show of resilience from bulls, as ETH continues to push higher despite broader market uncertainty. Momentum appears to be building, and many analysts are calling for the […]

news.bitcoin.com Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase

The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s […]

bitcoinist.com Fintech Giant Stripe to Buy Crypto Wallet Startup, Best Wallet Token to Rally

Stripe just announced its acquisition of Privy, a fast-growing startup that makes crypto wallets invisible. It does this by embedding them directly into websites and apps — no clunky browser extensions, seed phrases, or extra logins required. The acquisition marks a critical turning point for crypto adoption. And if you’re paying attention, it opens up […]

blockonomi.com XRP Funding Rates Rise While Price Stalls Near Support Levels

TLDR: XRP funding rates rise to 0.01% as price stagnates near the $2.25 support level. Traders warn of a potential liquidation drop if funding outpaces price action. Technical indicators remain neutral to bearish, with RSI near 48 and low volume. Bollinger Bands and Ichimoku Cloud confirm a tightening range before a volatility spike. XRP is [...] The post XRP Funding Rates Rise While Price Stalls Near Support Levels appeared first on Blockonomi.

news.bitcoin.com French Police Arrest Suspects in Brutal Crypto Kidnapping Case

French police have arrested several individuals suspected of being involved in the kidnapping of the father of a wealthy cryptocurrency entrepreneur last month. This incident is part of a troubling trend of kidnappings and extortion attempts targeting families of high-net-worth individuals in the cryptocurrency sector. The kidnapping occurred on May 1 in Paris, where the […]

bitcoinist.com Bitcoin Traders Stay Defensive Near Highs as Ethereum Leverage Climbs

Bitcoin has regained ground following last week’s decline triggered by a brief political controversy, recovering to around $110,000. Despite the rebound, many traders remain hesitant, showing caution even as the asset trades within 2% of its all-time high. Analysts point to a persistent atmosphere of “disbelief” reflected in key market indicators, with participants opting to […]

news.bitcoin.com $124M Crypto Laundering Scheme Exposed in Australia—Authorities Charge Four

A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7 million. At the heart of the alleged operation was a security company that reportedly converted $124 million in cash into cryptocurrency to conceal illicit funds. Masterminds Convert Cash to Crypto in Bid to Hide Funds […]

blockonomi.com Ethereum Fractal Signals Rally Potential as Key ETH Support Holds

TLDR: Ethereum retests $2,500 support, echoing a bullish fractal seen earlier in 2024. Weekly candle patterns signal rising buyer strength and possible rally continuation. ETH market cap crosses $345B as whale accumulation and volume surge return. Open interest hits record highs, reflecting rising market participation in ETH trades. Ethereum is once again mirroring a previous [...] The post Ethereum Fractal Signals Rally Potential as Key ETH Support Holds appeared first on Blockonomi.

bitcoinist.com Bitcoin Short-Term Holders Stay Calm As It Climbs To $120K: Selling Pressure Drops

Bitcoin is testing the $110,000 level, a critical threshold that could define the next major phase of the market cycle. With price hovering just below all-time highs, BTC faces a decisive moment — either push into uncharted territory or risk a correction that could shake bullish momentum. The stakes are high, and traders are watching […]

news.bitcoin.com MEXC Launches $100 Million Onchain Guardian Fund to Boost User Security

MEXC has introduced a $100 million Guardian Fund to enhance user protection, with full blockchain transparency allowing real-time public verification of fund balances and usage. MEXC Sets Industry Standard With Fully Transparent Safety Net for Crypto Users Global crypto exchange MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security […]

bitcoinist.com Bitcoin Taps $110,000 Following Cooler-Than-Expected US Inflation Data – New High Coming?

Earlier today, Bitcoin (BTC) briefly climbed above the $110,000 mark after the release of cooler-than-expected US Consumer Price Index (CPI) data. The softer inflation reading strengthens the case for the US Federal Reserve (Fed) to begin cutting interest rates – a development that could benefit risk-on assets like BTC. Bitcoin Gains As US Inflation Softens […]

blockonomi.com GameStop Launches $1.75B Note Offering, Builds on $507M BTC Buy: What’s Their Play?

TLDR: GameStop plans a $1.75B convertible note sale maturing in 2032 with 0.00% interest. The firm recently bought 4,710 BTC, worth around $507M at current market prices. Proceeds will fund corporate needs, investments, or acquisitions under a new policy. Bitcoin purchase reflects GameStop’s evolving strategy and interest in digital assets. GameStop Corp. has announced plans [...] The post GameStop Launches $1.75B Note Offering, Builds on $507M BTC Buy: What’s Their Play? appeared first on Blockonomi.

blockonomi.com Uniswap (UNI) Gears for Rally as $10.35 Resistance Becomes Make-or-Break Level

TLDR: Uniswap (UNI) bounced from $5.50 support, showing strength after repeated defense of that level. Traders highlight $10.35 as a breakout point for a potential multi-month bullish surge. Weekly chart targets include $14.94, $22, and possibly $29 if momentum sustains. UNI gained 26.78% in a week, despite daily volume falling over 54% amid short-term pullback [...] The post Uniswap (UNI) Gears for Rally as $10.35 Resistance Becomes Make-or-Break Level appeared first on Blockonomi.

bitcoinist.com Avalanche One To Watch? Transactions Explode 275%

On-chain data shows that the Avalanche network has recently experienced a surge in activity, with daily transactions increasing by more than 275%. Daily Number Of Transactions For Avalanche Has Shot Up According to data from the institutional DeFi solutions provider Sentora (previously IntoTheBlock), the Number of Transactions is significantly up for Avalanche compared to early […]