Author: Kryptonews

A crypto strategist thinks that altcoins are about to upstage Bitcoin (BTC) after years of languishing in the background. Analyst Michaël van de Poppe tells his 789,100 followers on the social media platform X that he thinks the period of altcoin underperformance against Bitcoin is almost over based on the Bitcoin Dominance (BTC.D) chart. The BTC.D chart tracks how much of the crypto market cap belongs to BTC. A bearish BTC.D indicates that altcoins are outperforming Bitcoin. According to Van de Poppe, altcoins are now poised to outpace Bitcoin as the BTC.D chart is flashing a bearish reversal signal on…

Alvin Lang May 29, 2025 08:41 Conflux (CFX) is set to end its FC token withdrawal services by June 30, 2025, transitioning remaining tokens to CFX through a one-way swap. In a significant move, the Conflux (CFX) Foundation has announced the impending cessation of its FC token withdrawal services, effective June 30, 2025. This decision aligns with the foundation’s strategic plan to manage the remaining FC token supply, according to the Conflux Forum. Transition to CFX As part of this transition, approximately 3.52 million FC tokens will be minted and subsequently converted to…

Bitcoin enthusiasts and investors are scrutinizing price charts closely this week, anticipating potential volatility and seeking to identify key levels to watch in the Bitcoin to USD (BTC/USD) trading pair. Several economic indicators and market sentiment shifts are contributing to the uncertainty, making technical analysis particularly important. This article will outline crucial support and resistance zones that could dictate Bitcoin’s price action in the coming days.## Current Market OverviewBitcoin’s price has been navigating a period of consolidation after recent rallies and pullbacks. Global macroeconomic factors, including inflation data releases and central bank policy announcements, continue to exert significant influence. These…

The world of technology and innovation is constantly evolving, reshaping industries, and transforming the way we live and work. From artificial intelligence to sustainable energy solutions, breakthroughs are happening at an unprecedented pace. ## The Rise of AI and Machine Learning Artificial intelligence (AI) has moved beyond futuristic concepts and into everyday applications. Machine learning algorithms power recommendation engines, automate tasks in manufacturing, and enhance medical diagnostics. Companies like Google and Microsoft are investing heavily in AI tools that improve productivity and personalization. Meanwhile, ethical considerations around data privacy and algorithmic bias remain critical challenges for developers and policymakers. ##…

Greetings, Ethereum builders and enthusiasts! We’re thrilled to announce that ticket sales for the Devconnect Cowork in Istanbul are now open! 🥳 You can get your tickets here,and also see that our website got a fresh new makeover! 💅 Come back here right after you snagged your ticket, to learn more about the Devconnect Cowork, planning your trip to Istanbul, and what to expect from the Devconnect schedule. The Legendary Devconnect Cowork 💻🦄 The concept of Devconnect works only because of the independent teams that organize events during Devconnect week. One thing we (the Devconnect team) are aiming to do…

In brief SOL Strategies filed a $1 billion preliminary base shelf prospectus to expand its capital-raising options. The filing gives the company flexibility to issue various securities over time, including shares and debt. No immediate offerings are planned, but the move positions SOL Strategies to act quickly on Solana-related opportunities. SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world’s sixth-largest crypto.The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities…

Major Cryptocurrency Exchange Halts WithdrawalsBitcoin Exchange Y, a popular platform for trading cryptocurrencies, abruptly suspended all user withdrawals earlier today, citing ongoing technical issues. The announcement, made via the exchange’s official Twitter account and website, has sparked concern and frustration amongst its user base.## Reported Technical DifficultiesThe exchange claims the suspension is due to “unforeseen technical difficulties” impacting the platform’s withdrawal processing system. Details regarding the nature of these difficulties remain scarce. In their statement, Bitcoin Exchange Y mentioned that their technical team is working tirelessly to resolve the issues and restore full functionality as soon as possible. They also…

The NFT market has undergone significant changes, experiencing both highs and lows in recent years. Initially, NFTs gained immense popularity in 2021 and 2022, with sales soaring and reaching record-breaking amounts, such as the highest sale of $91.8 million for the NFT “Merge” by Pak. However, this period of success was followed by a sharp decline, with the NFT market collapsing spectacularly after reaching a peak of $17 billion in trading volume in January 2022, dropping by 97% by September 2022. Despite this downturn, the NFT market has shown signs of resilience and evolution. The market has shifted towards redefining…

The cybersecurity landscape of blockchain and cryptocurrency has long been dominated by concerns over cryptographic vulnerabilities, wallet hacks, and exchange breaches. However, the most glaring weaknesses often lie not in the technology itself but in the humans who use it. Social engineering—deception tactics that manipulate individuals into revealing confidential information—has emerged as one of the most pervasive and damaging threats to blockchain security. The Human Element: Why Blockchain Users Are Vulnerable Blockchain technology is often praised for its immutability and cryptographic security, yet these strengths mean little when users are tricked into surrendering their private keys, wallet seeds, or two-factor…

US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry.Vance said the President Donald Trump administration has ended what he described as the “weaponization of federal regulations” against digital assets and stated that such policies would not return. He added:“Let my words today serve as [Operation Chokepoint 2.0’s] obituary. We reject the Biden administration’s legacy of death by a thousand enforcement actions.”Operation Chokepoint…