Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.
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Bloomberg’s Mike McGlone says BTC could be headed to $50K as gold loses appeal
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024. 3481 Total views 16 Total shares Bitcoin will continue its bullish push towards $50,000 as investors move funds out of gold and into the digital asset, according to Bloomberg senior commodity strategist Mike McGlone. By 2024,…

BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’
A new 100-week “point of control” is appearing below $17,000 as the age-old Bitcoin trading range endures.


Platform Allows Users to Access Numerous Exchanges Via One Trading Terminal
A startup based in Kyiv, Ukraine says its trading terminal Superorder, which is powered by automation features, can aggregate crypto trades across multiple exchanges, allowing investors to centralise their trading activities.Superorder: Redefining trading terminalsAccording to the developers, Superorder is a “next generation trading terminal,” which provides users with centralized trading on any exchange from a…

OpenAI commits $1M to support AI-driven cybersecurity initiatives
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping “defenders” with the necessary tools. 167 Total views 1 Total shares The adverse effects of artificial intelligence (AI) technology in the hands of criminals, enabling the creation of deep fakes and malware, have heightened the urgency for action. OpenAI, the…

Survey shows South Koreans support crypto tax law
More than half of the survey respondents favored the controversial crypto tax law in South Korea. 2299 Total views 20 Total shares An opinion poll conducted by South Korean television station YTN has shown significant support for the planned cryptocurrency tax regime in the country.According to a report by The Korea Herald, 53.7% of the…

Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain
Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token.The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a press release shared with Cointelegraph on…

Crypto.com Launches Plugin for One Million Ecommerce Merchants on Ecwid
Crypto.com is integrating with ecommerce platform Ecwid, which now features a plugin supported by Crypto.com that lets customers pay with crypto on the platform. Crypto.com launched a payment plugin for Ecwid, an ecommerce platform similar to Shopify or WooCommerce. The plugin allows merchants to accept crypto for their products.Crypto.com announced the partnership on May 11.…