Cointelegraph

Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit

Investors of Bitcoin Satoshi’s Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange Binance for delisting the altcoin, which the litigants claim stunted the price of BSV.   According to Law360, attorneys for the …

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Price predictions 5/9: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, …

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Bitcoin options could pave the path for new BTC price highs — Here is how

Key takeaways: 97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price. Short covering above $105,000 could trigger a Bitcoin price rally to new highs. Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily BTC price gain triggered $205 …

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Ethereum Pectra upgrade adds new features — How long before ETH price reacts?

Key takeaways: Reclaiming the $2,200 level remains the first price challenge for ETH.  ETH price could recover if the Pectra upgrade leads to a surge in DApp and Ethereum network activity.  Ethereum successfully implemented a key network upgrade on May 7, but Ether (ETH) price and its derivatives metrics showed little response to the upgrade. …

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Bitcoin could rally regardless of what the Federal Reserve FOMC decides this week: Here’s why

Key Takeaways: The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge. The weak US dollar and gold rally signal a shift to scarce assets. The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While …

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Maldives to build $9 billion crypto hub to attract investment: Report

The government of Maldives signed an agreement with MBS Global Investments, a Dubai-based family office, to develop a $9 billion crypto and blockchain hub in Malé, the capital of the South Pacific archipelago nation. According to a report from the Financial Times, the agreement, which was signed on May 4, was done in the hopes …

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Bitcoin miners should pay costs in depreciating currency — Ledn exec

Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending firm Ledn. In an interview with …

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Crypto skeptic to release SBF, Mashinsky interviews in documentary

Ben McKenzie, an actor known for his roles on television shows including Gotham and The OC, will make his directorial debut in a scathing documentary about cryptocurrency. According to an April 29 Deadline report, McKenzie wrote, directed, and produced the documentary Everyone Is Lying To You For Money, set to premiere at SXSW London in …

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Bitcoin trader says BTC’s cycle top in $125K to $150K range if certain conditions are met

Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability …

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