Crypto.news

The Chainlink team initiates a community rewards program with 100 million Space and Time tokens available starting May 8, aiming to boost engagement in the ecosystem. Projects can incentivize users with their tokens, linking with Space and Time's SXT for community benefits.

Alexander Gurevich, accused of hacking Nomad and stealing digital assets, was arrested in Israel while trying to flee. Facing extradition to the US, he could receive up to 20 years in prison.

The Securities and Exchange Commission will hold a roundtable on tokenization's rise in financial markets on May 12, featuring industry leaders discussing regulatory implications and the future of tokenized assets, aiming to explore the convergence of traditional and decentralized finance.

Trump stated he is unaware of his profits from the Official Trump memecoin launch. The memecoin value plummeted by 85.17% from its all-time high due to controversial tokenomics and liquidity pool issues. Trump also criticized Nancy Pelosi for alleged insider trading.

U.S. stocks opened lower on Monday due to concerns over trade war and Federal Reserve meeting. Market cautious amid tariff threats. Trump's announcement on movie tariffs added to market unease. Investors eye Fed meeting, economic data and earnings reports ahead.

Corporate adoption of Bitcoin on the rise as Strategy and Semler Scientific increase holdings significantly, with Strategy acquiring 1,895 BTC and Semler holding 3,634 BTC, showcasing growing interest in cryptocurrency.

BlackRock discloses its $5.4 billion Bitcoin-related holdings, mainly in Michael Saylor's Strategy. They hold mining stocks, BTC ETFs, totaling $1.02 billion and $279 million respectively, suggesting a growing institutional interest in Bitcoin. The firm's investment is likely more extensive, including private companies and foreign assets.

Tether's CEO announces upcoming AI platform for crypto payments, featuring Bitcoin and USDT transactions. The platform aims to enable peer-to-peer transactions through a wallet development kit. Tether is expanding into AI technology with plans for various AI applications and a U.S.-based stablecoin launch.

AIXBT price surged 20% with bulls aiming to break above $0.21 resistance. The breakout rally from April 23 led to a 110% gain, with $0.21 being a critical level to watch. Bulls are showing momentum but may face resistance.

US Bitcoin ETFs experienced a slowdown in inflows due to concerns over weak economic data and new tariffs. Despite a dip last week, April showed strong demand, especially from institutional investors. The market was also impacted by fears of stagflation, further exacerbated by disappointing US economic indicators. The focus is now on the upcoming FOMC interest rate decision amid uncertainties about inflation.

Crystal Intelligence acquires Whale Alert's Scam Alert platform to improve crypto scam reporting and identification. The firm aims to provide actionable intelligence for law enforcement to combat the increasing levels of crypto fraud.

Berachain's price hit an all-time low of $2.82 on May 4, falling 80% from its high. With $2.7 billion Boyco Vaults unlock imminent on May 6, further downside pressure looms. The breakdown of key support at $3.20 led to the recent drop. Price is now at $2.95, below EMA 20 and SMA 50, indicating a bearish trend. Hisotorical low volatility and tight Bollinger Bands suggest further breakdown potential.