Indian shares are likely to open on a muted note Friday as investors react to signs of weaker GDP growth and stubborn inflationary pressures in the U.S. Technology stocks could be in focus after 10-yr U.S. bond yield rose sharply to a fresh five-month high of 4.73 percent. On the positive side, a blowout first...
The infamous “Buy Bitcoin” sign held up by Christian Langalis during Federal Reserve Chair Janet Yellen’s Congressional testimony in 2017 has been sold for a staggering $1 million. Langalis, also known as the “Bitcoin Sign Guy” auctioned off the Bitcoin sign sketched on a yellow legal pad between April 18-24, 7 pm ET. The final...
The open-sourced decentralized blockchain platform Tezos Foundation has partnered with Magic to enhance the onboarding process for decentralized applications (dApps). According to a press release shared with Cryptonews.com, the partnership will leverage Magic’s wallet solutions and Tezos’ blockchain to streamline the user experience, focusing on simplifying processes for web3 applications. "For the past 12 months,...
The Relative Strength Index (RSI) at 38 indicates that Bitcoin is nearing oversold territory, suggesting that there could be a buying opportunity if sentiment shifts positively. The 50-Day Exponential Moving Average (EMA) at $65,223 provides near-term resistance, indicating a bearish trend unless BTC can sustainably break above the pivot point. Unlock Cryptocurrency Rewards: Join the...
Chainlink Labs director of capital markets Ryan Lovell said traditional finance is not the best use case for tokenization, but real-world data is. Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured...
Monetary developments from the euro area and consumer confidence from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, retail sales and household consumption from Norway and foreign trade data from Sweden are due. At 2.45 am ET, France\'s statistical office INSEE publishes consumer sentiment survey...
Bitcoin core developer Luke Dashjr criticized the Runes protocol in a Friday X post, suggesting it exploits a fundamental design flaw within the Bitcoin blockchain network. In his post, Dashjr highlighted the contrasting nature of Ordinal Inscriptions and the Runes protocol in their interactions with the network. Ordinals exploits vulnerabilities. Runes merely exploit design flaws....
Zach Bruch, the Founder and CEO of online crypto casino MyPrize, sat down with Cryptonews Podcast’s Matt Zahab for a comprehensive interview. He talked about MyPrize emerging from stealth and already onboarding nearly 100,000 users. Bruch also discussed why online casinos are a perfect vehicle for bringing more people into the crypto space. Moreover, the...
A concerted effort to crack down on the use of cryptocurrencies in the buying and selling of child sexual abuse material (CSAM) is underway in the United States, spearheaded by Senators Elizabeth Warren and Bill Cassidy. The senators are asking federal agencies about their technical capacity to combat crypto payments in the sale of child...
New powers that will make it easier for UK law enforcement agencies to seize crypto come into effect on Friday. This comes after the UK Parliament passed new legislation last year, dubbed the ‘Economic Crime and Corporate Transparency Act.’ This Act expanded the authority of local law enforcement and laid the foundations for crypto to...