Author: Kryptonews
Key points:Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000.Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels.Bitcoin’s (BTC) failure to rise above $109,588 may have tempted short-term buyers to book profits. That has pulled the price under $104,000 on May 30. US spot Bitcoin exchange-traded funds recorded a net outflow of $347 million on May 29, its first outflow since May 13, according to CoinGlass.Derive founder Nick Forster told Cointelegraph that Bitcoin is likely to enter a consolidation phase, which will be “a healthy pause” before another “significant upward…
Introduction to Enterprise Blockchain Blockchain technology has evolved beyond its origins in cryptocurrency, with enterprises increasingly adopting it to enhance efficiency, transparency, and security across various operations. However, when it comes to enterprise blockchain solutions, companies often prefer private over public networks. This preference stems from critical factors, including privacy, scalability, control, and regulatory compliance, which are less effectively addressed by public blockchain systems. The Case for Private Enterprise Blockchain 1. Privacy and Data Security Public blockchains operate transparently, making all transactions visible to participants. This works for cryptocurrencies but is unsuitable for businesses dealing with sensitive data such as…
Today in crypto, non-fungible token (NFT) marketplace OpenSea has launched its new platform, OS2, the United States Securities and Exchange Commission (SEC) dropped its lawsuit against Binance, and the US Congress has introduced a comprehensive bipartisan crypto market structure bill.OpenSea expands beyond NFTs with OS2 public rolloutNon-fungible token (NFT) marketplace OpenSea has launched its new platform, OS2, concluding its beta phase.The company said the updated platform allows full token trading across 14 blockchains, including support for fungible tokens on Solana. It also introduces tools that aim to enhance crosschain functionality. These changes signal a shift for OpenSea, positioning it as…
Key Takeaways:Michael Saylor says if $MSTR crashes to $1, the company will buy back stock and double down on Bitcoin.Strategy now holds 580,250 BTC, valued at over $40.6 billion, and may trigger a Wall Street supply squeeze.Saylor claims the Bitcoin Standard is coming, and the era of $1 million BTC could begin if institutions hold just 10% of the supply.At the Bitcoin 2025 conference in Las Vegas, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), made waves with a bold, calculated response to growing doubts around the company’s leverage-heavy Bitcoin strategy. Facing criticism over $MSTR’s stock plunge, Saylor fired back…
The MEXC crypto exchange observed a 200% quarter-over-quarter surge in fraudulent trading activity between January and March 2025, it said in its quarterly report.According to the exchange, 80,057 organized fraud attempts from over 3,000 fraud syndicates were identified in Q1. The fraudulent activity included market manipulation, wash trading, and automated trading bots exploiting users through “unfair” trading execution.MEXC said that the rise in fraud was most pronounced in India, with the exchange flagging nearly 27,000 accounts for suspicious activity, followed by the Commonwealth of Independent States (CIS) region and Indonesia, which had 6,404 and 5,603 accounts flagged, respectively.Fraud distribution, with…
Introduction Healthcare is one of the most data-intensive industries, handling sensitive patient records, medical histories, and financial transactions. Traditional databases have long been the standard for storing and managing healthcare data, but they come with significant limitations—lacking transparency, interoperability, and security. Blockchain technology offers a revolutionary solution by providing a decentralized, immutable, and secure way to manage healthcare data, improving efficiency, privacy, and patient care. Blockchain vs. Traditional Databases in Healthcare Traditional healthcare databases rely on centralized systems, making them vulnerable to hacks, data breaches, and mismanagement. Blockchain, on the other hand, leverages distributed ledger technology, where data is stored…
The federal judge overseeing Roman Storm’s prosecution declined to order the Department of Justice to review its records for any materials it might have missed that would help the Tornado Cash developer at the end of a 30-minute hearing Friday morning, though she told the government it should not have any disclosure issues.Judge Katherine Polk Failla also ruled that there were no Brady violation concerns with the Department of Justice’s conversations with the Financial Crimes Enforcement Network (FinCEN) about whether mixers needed to register as money transmitters — the conversation that prosecutors pursuing Samourai Wallet developers had with FinCEN officials,…
As Ripple (XRP) and Cardano (ADA) experience a period of consolidation and price stagnation, investors are increasingly searching for the best altcoin to buy that offers fresh growth potential. While XRP and ADA remain strong coins with strong upside, the DeFi market and projects are reshaping where smart money flows. As the crypto fear and greed index stabilizes, now might be the perfect time to explore Mutuum Finance (MUTM), a new cryptocurrency gaining traction as one of the best cryptos to invest in today. Mutuum Finance has entered phase 5 of its presale following phase 4 selling out in less…
TL;DR: Greetings, Ethereum community! We are excited to announce that the application period for the fourth cohort of the Ethereum Protocol Fellowship (EPF) is officially open! The EPF is an initiative aimed at supporting the development of Ethereum’s core protocol by providing a pathway for aspiring protocol contributors to gain the experience needed to make meaningful contributions. This program is specifically tailored toward developers and researchers who have an unyielding passion for Ethereum, its community, and the possibilities of decentralized technology. In each cohort, we seek to assemble a diverse group of fellows who will work to advance Ethereum’s technology…
Tron’s TRX token rose up to 3% overnight on May 29, 2025, after founder Justin Sun was photographed shaking hands with Donald Trump Jr. at the Bitcoin 2025 conference in Las Vegas.The moment sparked buzz across crypto Twitter and brought fresh attention to the Trump family’s growing support for digital assets. With Trump Jr. saying he’s “fully out of politics” and ready to focus on crypto, some are now asking: is political influence TRON’s new edge in the U.S.? Finally meet in person @DonaldJTrumpJr ! Let’s keep doing great things together! pic.twitter.com/5EDroVEXnH— H.E. Justin Sun (@justinsuntron) May 29, 2025 Trump’s…
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