Bitcoin price drop below traders’ cost basis warns of deeper sell-off
Bitcoin’s price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue.
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Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215.

Research Shows US Users Visit Cryptocurrency Exchanges 22 Million Times Each Month
The United States, Japan and South Korea are the world’s biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported April 29.After investigating the origin of traders who use well-known exchanges, DataLight — which continues to publish various insights into the industry — said that the U.S. has the highest share of visits,…

Crypto execs plan to raise $100K for Harris at fundraiser: Report
A group of crypto industry players wants to sway Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump.

Supreme Court Post-Game: It’s a ‘Historic Day’ for Crypto in India
Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country. A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’ services to crypto-related firms was unconstitutional.Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon, which first broke…

Donald Trump picks crypto-friendly JD Vance as running mate
The Ohio senator reported holding up to $250,000 worth of Bitcoin in 2022 and has supported specific pro-crypto legislation.

Sentient completes 650K NFT mint, MegaETH’s soulbound NFTs: Nifty Newsletter
Artificial general intelligence firm Sentient held an NFT mint with over 650,000 participants.

PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization.

Samsung uses blockchain technology to address climate change
The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology. 296 Total views 35 Total shares Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant two million mangrove trees in Madagascar over…