* Venezuela's PDVSA to increase Tether stablecoin use for oil exports amid U.S. sanctions. * Biden administration not renewing oil sanctions license due to Maduro's unmet promises. * PDVSA shifting oil sales to USDT to avoid frozen profits in overseas accounts. * Intermediaries used for crypto transactions in oil,
* Bitcoin halving triggers bullish run by reducing new token creation and increasing BTC price. * Public Bitcoin mining firms prepare for halving to sustain operations and increase market share. * Analysis shows most mining firms will remain profitable post-halving, with efficient operations key. * Foundry sees shift to efficient operations post-halving,
* BTC fell 5% below $60,000 after Israel retaliated against Iran for missile strike. * Ether (ETH) down 3.45% at $2,800; PAXG up nearly 3%. * Market turmoil may push BTC to $55,000; buying opportunity if panic sell occurs. * Asian stock indices down, U.S. stock futures fell, crude
* Ethereum on track for $1 billion in annual profits, with $365 million in Q1. * 155% year-on-year revenue growth, with Q1 2024 income up nearly 200% from Q4 2023. * Fee revenue at $1.17 billion, up 155% from Q1 2023. * Increased network activity driven by DeFi surge, surpassing 2021
* Google Trends shows record interest in Bitcoin halving * Search interest score predicted to double from 2020 * Bitcoin halving reduces block rewards from 6.25 BTC to 3.125 BTC * Bitcoin price hit all-time high of $73,600 in May Summary : Google search interest in the upcoming Bitcoin halving has
* Former Ethereum developer Virgil Griffith requests sentence reduction for assisting North Korea with blockchain technology. * Attorney argues for a two-point reduction based on revised U.S. sentencing guidelines. * If granted, Griffith's sentence could be reduced by a year or more. * U.S. Department of Commerce imposed a
* Eisenberg's fate in $110 million Mango Markets trades now in jury's hands. * Prosecutors claim market manipulation, fraud; defense argues legal trading strategy. * Expert witness testimony thrown out; prosecutors allege Eisenberg stole, not borrowed. * Eisenberg faces up to 20 years in prison if convicted on all counts.
* US senators introduce stablecoin bill to regulate payment stablecoins and ban unbacked stablecoins. * Telegram founder predicts secure communication devices inspired by crypto hardware wallets due to increasing government surveillance. * Bitcoin miner stocks drop post-halving as investors fear profit decline, but analyst believes concerns are unfounded. * Miners like Marathon Digital,
The Big Analysis
"Today, it is not possible to directly exchange a Total share for an EDF share. Decentralised exchanges could solve this problem," explains Guillaume Burtschell, associate director of Finegan Advisory, whose past experience includes Société Générale and Binance France. The best-known DEX (Decentralised Exchange) is of course Uniswap,
* Leading Bitcoin advocates and policymakers gather at the National Press Club Ballroom in Washington, DC. * Bitcoin Policy Summit features bipartisan lineup including Senators Lummis and Gillibrand. * Summit agenda covers regulatory frameworks, geopolitical implications, and environmental impacts of Bitcoin. * Live stream of the event available on Bitcoin Magazine's YouTube
* Japanese firm Metaplanet buys $6.5 million worth of Bitcoin for treasury strategy. * Metaplanet partners with Mark Yusko and others to embrace Bitcoin potential. * Metaplanet's stock price surges 89.47% post Bitcoin announcement. * Metaplanet's move signals growing institutional adoption of Bitcoin in Asia. Summary : Japanese firm
Importants parts : * LQWD partners with Amboss to provide liquidity for Lightning Network. * LQWD contributes 10 Bitcoin initially, plans to deploy more throughout collaboration. * Amboss specializes in data analytics for Lightning Network, offers Magma and Hydro products. * LN activity up 1,200% in 2 years, attracting businesses seeking faster, cheaper payment