“Anyone who lives within their means suffers from a lack of imagination.” – Oscar Wilde

    “Dogs have no money. Isn’t that amazing? They’re broken their entire lives. But they get through. You know why dogs have no money? .. No Pockets.” – Jerry Seinfeld

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  • Exploring Bonsai’s impact on Web3 communities with MadFi’s founders
    by Nate Whitehill on May 3, 2024 at 1:00 pm

    In a captivating episode of the SlateCast, the co-founders of MadFi, Carlos, Nate, and Marcus, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, to delve into the world of Bonsai, the first genuine community token on the Lens Protocol. The discussion shed light on the motivations behind Bonsai’s creation, its unique features, The post Exploring Bonsai’s impact on Web3 communities with MadFi’s founders […]

  • Bitcoin surges above $60,000 following jobs report
    by James Van Straten on May 3, 2024 at 12:45 pm

    Quick Take Trading Economics data shows that the unemployment rate edged up to 3.9% in April, surpassing expectations of holding steady at 3.8%. Unemployment has been below 4% since February 2022. However, this uptick was offset by a still-robust increase of 175,000 in non-farm payrolls, though below the forecast of 243,000 new jobs. Despite the The post Bitcoin surges above $60,000 following jobs report appeared first on CryptoSlate.

  • Tether CEO Paolo Ardoino teases potential Pear Phone powered by P2P apps
    by Liam ‘Akiba’ Wright on May 3, 2024 at 12:00 pm

    Paolo Ardoino, the Chief Executive Officer of Tether and co-founder of peer-to-peer platform Holepunch, recently hinted at plans to potentially develop a “Pear Phone” in the future. In an X post, Ardoino floated the idea of building an Android-compatible phone based on the Android Open Source Project (AOSP). The device would come pre-installed with Holepunch’s The post Tether CEO Paolo Ardoino teases potential Pear Phone powered by P2P […]

  • Bitcoin miner CleanSpark records highest single mining day in April in post-halving report
    by Liam ‘Akiba’ Wright on May 3, 2024 at 11:00 am

    CleanSpark has released its first monthly unaudited Bitcoin mining and operations update since the halving. The company exceeded 17 EH/s in hashrate, mining an impressive 721 BTC with a record daily high of over 48 BTC. CEO Zach Bradford highlighted the company’s monthly gains in efficiency metrics as they deploy advanced S21 machines across their The post Bitcoin miner CleanSpark records highest single mining day in April in post-halving […]

  • Crypto market unsure as Maxine Waters nominates Kristin Johnson for key Treasury position
    by Oluwapelumi Adejumo on May 3, 2024 at 9:45 am

    Rep. Maxine Waters, a ranking member in the US House Committee on Financial Services, has proposed the nomination of Ms. Kristin Johnson, a current Commissioner of the US Commodity Futures Trading Commission (CFTC), for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. In a May 2 letter addressed to The post Crypto market unsure as Maxine Waters nominates Kristin Johnson for key Treasury position […]

  • Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer
    by Mike Dalton on May 3, 2024 at 12:00 am

    MicroStrategy executive chairman and co-founder Michael Saylor believes the SEC will classify Ethereum as a security this summer and reject the related spot ETF applications filed by various asset managers, including BlackRock. Saylor made the prediction in a social media post on May 2 during a presentation at the MicroStrategy World 2024 conference. He further The post Saylor predicts SEC will designate Ethereum as a security and deny spot ETF […]

  • Mining firm Stronghold considering sale of company in latest financial report
    by Mike Dalton on May 2, 2024 at 10:59 pm

    Stronghold Digital Mining announced it is considering a sale or other strategic alternatives aimed at maximizing shareholder value. The announcement came alongside the company’s disclosure of its robust first-quarter financial and operational results on May 2. As part of its strategic review, Stronghold, with the guidance of Cohen and Company Capital Markets and legal advice The post Mining firm Stronghold considering sale of company in […]

  • Coinbase surpasses expectations with Q1 revenue surge amid Bitcoin boom
    by Assad Jafri on May 2, 2024 at 9:58 pm

    Coinbase reported revenues of $1.64 billion during the first quarter, surpassing the expected $1.34 billion amount. The surge in revenue comes amid a robust Bitcoin rally that has significantly impacted the crypto market. The company’s earnings stood at $4.40 per share, a substantial improvement from the $1.09 average analyst estimate, though differences in accounting methods The post Coinbase surpasses expectations with Q1 revenue surge amid […]

  • BNP Paribas disclosure IBIT purchase as BlackRock anticipates sovereign, pension funds to start buying Bitcoin ETFs
    by Mike Dalton on May 2, 2024 at 8:39 pm

    French banking giant BNP Paribas disclosed it has begun purchasing shares of BlackRock’s iShares Bitcoin Trust (IBIT) and currently holds a small exposure to Bitcoin through the ETF. The firm’s latest 13F filing, dated May 1, indicates that the bank holds 1,030 shares of IBIT and values the shares at $41,684. BNP Paribas’ IBIT investment The post BNP Paribas disclosure IBIT purchase as BlackRock anticipates sovereign, pension funds to […]

  • Short-term Bitcoin holders show restraint in recent price drop
    by James Van Straten on May 2, 2024 at 7:59 pm

    Quick Take Amid Bitcoin’s recent 12% price decline, data suggests that short-term holders — those who have held the digital assets for less than 155 days — have exhibited relatively muted sell-off behavior compared to previous dips. On May 1, approximately 26,000 BTC were sent to exchanges at a loss by short-term holders, while the previous The post Short-term Bitcoin holders show restraint in recent price drop appeared first on […]