Glassnode founders predicts $85 thousand for Bitcoin
As Bitcoin has gradually fallen this week to below $62,000, the founders of Glassnode stated on X that a price of $85,000 could be seen before the summer months.
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FTX creditors against the new plan: The new CEO is a puppet of that company! We need to buy crypto
Although the FTX exchange’s new payment plan was initially met with a favorable reception, creditors continue to discuss the issue of payment in dollars. A group of 1600 creditors will vote in June on whether to accept the proposal. Group leaders said that the FTX management’s proposal was presented to the public as a positive proposal, but that it was actually an insult to creditors.
Donald Trump’s support for the crypto sector: We will not allow it to leave the US
Donald Trump, who is the former president of the United States as well as a candidate for the 2024 elections, pledged support for the cryptocurrency world. Trump also harshly criticized current president Joe Biden on cryptocurrencies and said, “He doesn’t even know what cryptocurrency is.”
Veto threat from Biden: House begins critical crypto vote
The Biden administration has announced that it will veto a proposal that would allow large financial institutions such as banks to provide custody services for cryptocurrencies.
BingX celebrates its amazing 6th anniversary with grand 13 million USDT prize pool
BingX, one of the world’s leading exchanges, has announced an important campaign to celebrate its 6th anniversary. BingX is inviting its users and crypto enthusiasts to join the festivities with a series of events and prize-promising festivities that will run from May 8th to May
Swan announces Bitcoin managed mining service
Tether, the company behind the largest stablecoin USDT, and Bitcoin-focused service provider investment firm Swan have reached an agreement on mining activities. According to the statement, Tether has allocated a significant amount of money for mining activities through Swan, but the figure was not disclosed.
SEC files final response to case on XRP and Ripple
In the case between Ripple and the SEC, which has been going on for more than 3.5 years, the SEC made its last general assessment of Ripple to the court. After the “legal settlement process”, which is one of the last stages of the litigation process, the court will decide what kind of sanctions will be imposed against the defendant, Ripple, if necessary.
The Chairman of the U.S. CFTC: We’re likely to see another cycle of enforcement actions
Rostin Behnam, chairman of the US Commodity Futures Trading Commission (CFTC), said in his latest speech that he thinks that small investor interest in cryptocurrencies will increase in the next 1.5-2 years, and as a result, enforcement actions by regulatory agencies will come to this area.
LayerZero Labs CEO confirms employees are forbidden from claiming upcoming airdrop
Bryan Pellegrino, one of the founders and CEO of LayerZero Labs, who recently announced that company employees would not be entitled to receive airdrops, gave another new information. Pellegrino gave details via Telegram, stating that approximately 10% of the company’s employees are likely to qualify for the airdrop, while the remaining millions of addresses are “not real”.
Vitalik Buterin proposes EIP-7702 aiming to refine account abstraction on Ethereum
Vitalik Buterin and a number of developers signed a recent paper proposing EIP-7702 as an alternative to EIP-3074. The new proposal envisions regular Ethereum user addresses, also known as EOAs, temporarily acting as smart contracts for account abstraction.