Digital asset market shrinks as fund outflows reach $200M: CoinShares

On May 15, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” which revealed that digital asset investment products experienced another week of consecutive outflows, with a total... Read more »

AI’s threat to white-collar Jobs

As we journey deeper into the 21st century, the technological landscape continues to shift dramatically and 2023 will be recognized as the beginning of the Post-Knowledge Era. Dawn of the Post-Knowledge Era... Read more »

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account... Read more »

Coinbase screws up, Florida bans CBDCs, and Bitcoin Ordinals…

Top Stories This Week Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange An email sent out to Coinbase customers describing the Pepe the Frog meme as a “hate... Read more »

Ex-FTX compliance chief confirms celebrity promotional activity originated in Florida

FTX.US’ former chief compliance officer Daniel Friedberg has provided evidence confirming that the promotional activity involving celebrities originated in Florida, according to May 11 court filings. The new development is a breakthrough... Read more »

Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin

A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a... Read more »

Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?

Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be... Read more »

Ethereum experienced a 2nd finalization delay but has since recovered

Ethereum experienced a second finalization delay on May 12, developers said. Terence.eth (@terencechain) wrote on Twitter: “Mainnet is not finalizing again. Prysm is releasing a patch today. Will keep you updated!” Later... Read more »

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the... Read more »

How will lower interest rates benefit Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect... Read more »
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