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  • Crypto sleuth ZachXBT says wrong suspect detained in Bored Ape NFT theft
    Law enforcement detained the wrong person for a 2022 scam that pilfered more than $1 million worth of Bored Ape non-fungible tokens (NFTs), cybersecurity researcher ZachXBT said. In a May 9 X post, ZachXBT said he identified the wallet behind the scam and linked it to an X account that has... Read more »
  • Bitcoin price rallies as global liquidity growth accelerates — Analysts
    Key takeaways:Bitcoin’s price closely tracks global liquidity growth, with liquidity explaining up to 90% of its price movements, according to Raoul Pal.In the long term, global liquidity continues to expand, driven by the increasing debt levels in many countries.On a shorter timeframe, global liquidity follows a cyclical pattern, with Michael... Read more »
  • Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined
    The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week.Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market dominance also surged above... Read more »
  • Galaxy Digital approved for US domicile, clearing way for Nasdaq listing
    Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on the Nasdaq, a tech-focused US stock exchange, by the middle of May, pending approval from... Read more »
  • Chance of Bitcoin price highs above $110K in May increasing — Here’s why
    Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns.A buyer-dominant market signals strong institutional and retail interest that could drive a... Read more »
  • AI's GPU obsession blinds us to a cheaper, smarter solution
    Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it's also created a blind spot that's holding us back.GPUs have earned... Read more »
  • Is Bitcoin about to go parabolic? BTC price targets include $160K next
    Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest prices since January.Bitcoin (BTC) is attracting “parabolic” price targets as bulls continue to hold six... Read more »

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