Cointelegraph Bitcoin & Ethereum Blockchain News

Why crypto transfers can fail and what you must check before sending Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses. What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to call and no easy recourse to reverse…

SEC delays decision on Ether staking and XRP ETFs, as analysts expected

The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected. The SEC said on May 20 that it needed to extend its decision on Bitwise’s application by 45 days to “consider the proposed rule…

SEC charges Unicoin and executives for alleged $100 million fraud

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex…

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about…

Apex Group Expands Into Tokenization Buying Majority Stake in Tokeny

Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains. According to the deal, Apex expects to take full ownership of Tokeny over the next three…

Ethereum price gained 90% the last time this indicator turned bullish

Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to…

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about…

The crypto market values chains more than standalone applications

Opinion by: Hatu Sheikh, founder of Coin Terminal Although blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won’t function without their underlying chains. The markets must uphold blockchains for long-term value generation. The value perspective is wrong  Blockchains and DApps should work collaboratively to…

Ethereum price gained 90% the last time this indicator turned bullish

Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to…

SEC crypto task force to release first report ‘in the next few months’

US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a…