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Bitcoin back above $58,000 as Fed cites 'lack of further progress' fighting inflation
Bitcoin back above $58,000 as Fed cites 'lack of further progress' fighting inflation

Bitcoin’s price increased back above the $58,000 mark on Wednesday after the Federal Reserve held interest rates at the current range of 5.25%-5.50%.

The Block·2024/05/01 18:46
Why This Bitcoin Correction IS Very Different Than the 3 Previous Ones
Why This Bitcoin Correction IS Very Different Than the 3 Previous Ones

Institutional Crypto Research Written by Experts

10xResearch·2024/05/01 15:59
US lawmakers introduce bill to clarify taxation of staking rewards
US lawmakers introduce bill to clarify taxation of staking rewards

Reps. Wiley Nickel, D-N.C. and Drew Ferguson, R-Ga., introduced the bill on Tuesday called the Providing Tax Clarity for Digital Assets Act.

The Block·2024/05/01 15:22
Is Bitcoin price bouncing at 57K? Here's why these levels are key
Is Bitcoin price bouncing at 57K? Here's why these levels are key

Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside?

Cointelegraph·2024/05/01 14:22
‘Buy the Dip Crypto’ Searches Jump to a Two-Year High as Bitcoin (BTC) Falls to Monthly Lows
‘Buy the Dip Crypto’ Searches Jump to a Two-Year High as Bitcoin (BTC) Falls to Monthly Lows

Investors seem increasingly intrigued to enter the crypto ecosystem despite the wobbly market.

Cryptopotato·2024/05/01 12:52
Here’s When BTC Price Will Tap $500K: PlanB’s S2F Model Remains Unfazed Amid Market Correction
Here’s When BTC Price Will Tap $500K: PlanB’s S2F Model Remains Unfazed Amid Market Correction

PlanB’s S2F model predicts bitcoin hitting around $500K during the 2024-2028 period.

Cryptopotato·2024/05/01 12:52
Hong Kong spot crypto ETFs see disappointing debut, but there’s a caveat to US comparisons
Hong Kong spot crypto ETFs see disappointing debut, but there’s a caveat to US comparisons

Hong Kong’s new spot bitcoin and ether ETFs were widely considered to have a disappointing debut on Tuesday, generating just $11.2 million in combined trading volume.However, there’s an important caveat when comparing the figures against the U.S. spot bitcoin funds, according to Bloomberg ETF analyst Eric Balchunas.

The Block·2024/05/01 11:16
Flash
13:25
Token of Power has been attacked, resulting in a loss of approximately $1.58 million.
BlockBeats News, June 9th, according to Cyvers s monitoring, Token of Power was hacked, with a loss of approximately $1.58 million. An address funded through Tornado Cash conducted a malicious transaction, transferring funds from the Balancer V1 TOP/WETH liquidity pool. The stolen assets were subsequently mixed using Tornado Cash.
13:14
Broadcom, Apollo, and Blackstone Establish Strategic Platform to Accelerate Global AI Deployment
On June 9, Broadcom, Apollo, and Blackstone established a strategic platform to accelerate the global deployment of artificial intelligence exceeding 20 gigawatts. The initial $35 billion will be used to support Anthropic's previously announced expansion of over 1 gigawatt of computing infrastructure.
13:09
Broadcom, Apollo, and Blackstone Group Establish Strategic Platform to Accelerate Global AI Deployment
BlockBeats News, June 9th, according to Bitget market data, a stock's pre-market price increase expanded to 3%. A stock, Apollo, and Blackstone Group (BX.N) establish a strategic platform to accelerate global AI deployment exceeding 20 gigawatts. The initial $35 billion will be used to support Anthropic's previously announced capacity expansion of over 1 gigawatt of computing infrastructure.
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