Bitcoin Accumulation Strengthens as BTC Approaches Key Resistance
Bitcoin (BTC) is now up 3% since the beginning of May, after gaining 14% gain in April. Inflows into BTC exchange-traded funds (ETFs) have accelerated over the past two weeks, while consistent bitcoin treasury accumulation continues to support the market. From an on-chain perspective, Glassnode data shows that both...
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Visa Doubles Down on Stablecoins With Investment in Blockchain Payments Firm BVNK
Global payments service provider Visa’s (V) venture capital arm made a strategic investment in BVNK, a startup building stablecoin-based payment infrastructure, in a move that reflects legacy financial financial firms’ push into blockchain-powered money movement. “Visa’s deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates...
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Massive Bitcoin Bull Run Ahead? Two Chart Patterns Mirror BTC’s Rally to $109K
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Crypto bears might want to closely watch bitcoin’s (BTC) recent chart patterns, which mirror those that preceded the late 2024 rally from $70,000 to $109,000. The first pattern involves the weekly chart’s Moving Average...
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Will Tokenized IPOs from Citi, Switzerland’s SDX Signal Adoption of Crypto Presale Model?
What are crypto presales? At their most basic, crypto presales are a way to purchase tokens before they launch on exchanges. For some tokens, investors get a chance to grab tokens when they’re at the absolute lowest price they’ll ever be. Now, there’s a real chance that the crypto...
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MicroStrategy and Coinbase Embrace AI, Bringing the Best AI Crypto Coins Into the Spotlight
The ongoing appeal of AI tech in the crypto sphere is second to none. Just look at MicroStrategy, for instance. Its founder, Michael Saylor, recently revealed that he used AI chatbots to help build the company’s expansive $52B Bitcoin empire. Meanwhile, Coinbase – one of the best crypto exchanges...
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Futu Securities launches BTC, ETH and USDT deposit service
Hong Kong’s Futu Securities International has announced the launch of its crypto deposit service which facilitates Bitcoin, Ethereum, and Tether deposits and trading for investors. According to the firm’s press release, qualified investors can now make deposits and trade cryptocurrencies…...
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South Korean Presidential Candidate Lee Jae-Myung Pledges To Legalize Crypto ETFs If Elected Next Month
Lee Jae-Myung, the Democratic Party of Korea presidential candidate, has pledged to introduce a virtual asset spot exchange-traded fund (ETF) and introduce crypto reforms in the country. “I will create a safe investment environment so that young people can form assets and plan for the future,” said Lee Jae-Myung....
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XTB Reports Record $155M in Q1 2025 Revenue; Profits Remain Flat Amid Rising Marketing and Staffing Costs
International forex and CFD broker XTB reported $155 million in total revenue for the first quarter of 2025. Based on recent XTB financial results, this is the Polish brokerage’s strongest-ever revenue performance since its launch in 2004. Despite the record-breaking XTB Q1 2025 earnings, the Polish trading platform’s high...
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Zerebro Founder Commits Suicide On Camera Before On-Chain Sleuths Debunk It: What Is LLJEFFY Crypto
After Jeffy Yu, the founder of AI agent token, ZEREBRO, seemingly died by suicide, a legacy meme coin, LLJEFFY crypto, surged more than 2000% before crashing back down. Yesterday (May 6), a video was posted to X allegedly showing Jeffy Yu, 22, smoking a cigarette before pulling the trigger...
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