Binance says someone used ChatGPT to accuse CZ of ties to CCP

Unknown parties fabricated rumors that Binance’s CEO is tied to the Chinese Communist Party (CCP) with the help of ChatGPT, based on reports from May 1. ChatGPT sourced info from fake pages... Read more »

Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar

Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Suspicions mount over First... Read more »

Binance to take action against Justin Sun if he farms SUI token

Binance CEO Changpeng ‘CZ’ Zhao said the exchange would prevent crypto entrepreneur Justin Sun from farming Sui tokens with his $56.1 million True USD (TUSD) deposit. On May 1, Whale Alert reported... Read more »

2nd biggest US bank failure — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its history. After a sideways weekend, BTC/USD was already volatile into the... Read more »

Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days

Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than... Read more »

Why the hype and how to get involved

In the tumultuous world of cryptocurrencies, while most digital assets have suffered severe downturns, LayerZero seems to have emerged as one of the most popular projects in the bear market.  This blockchain... Read more »

Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023

It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor. Bitcoin hashprice... Read more »

SEC fines Up Global, Coinme $3.9M; issues C&D

The U.S. Securities and Exchange Commission (SEC) imposed cease-and-desist orders and fines upon three parties involved in UpToken on April 28. SEC names parties involved in UpToken ICO The SEC said that... Read more »

Visa stablecoin plan, debt ceiling’s effect on Bitcoin price: Hodler’s Digest, April 23-29

Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected... Read more »

Stagflation is now the concern for the US: MacroSlate Weekly

The U.S. economy grew at an annualized pace of 1.1% in Q1 2023, which came in slower than expectations and was forecasted to come in at 1.9%. Stagflation is now a concern... Read more »