The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.
New York Attorney General Seeks New Crypto Powers for State Regulators
The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.
First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls
The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.
BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report
BNP Paribas’ corporate clients will be able to connect to China’s e-CNY through a connection to the Bank of China’s system.
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
Bitcoin Chalks Out ‘Head and Shoulders’ Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments
Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie’s analysts said.
UK’s FCA Continues Crackdown on Unregistered Crypto ATMs
The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.
Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market
Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain.
Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency
The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.
Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation
The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.
Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters
Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.
First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly
3% Tax on Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg
Kenya’s Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.
Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains
The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.
Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Coinbase Shares Rise as Q1 Revenue Grows 23% From Q4 to $773M
The crypto exchange reported first quarter results after the close on Thursday.
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.