Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Coinbase Shares Slide After Missing Analyst Estimates

The exchange also announced the largest acquisition in crypto history, but even that failed to buoy Coinbase’s stock price. Coinbase Stock Tumbles Following Earnings Disappointment Coinbase (Nasdaq: COIN) saw its shares drop Thursday afternoon when it announced lower-than-expected revenue for the first quarter of the year. Even the firm’s historic acquisition of the world’s largest […]

Donation page for Ethereum R1 community L2 is up now

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4chan rises from the dead: How the imageboard moves crypto markets

After 4chan was hacked on April 14 and vast troves of user and moderator data were leaked online, the controversial website quickly went down, and many believed it would never recover. However, less than two weeks later, the imageboard was back online, defiant as ever.“4chan is back,” an official blog post proclaimed. “No other website can replace it, or this community. No matter how hard it is, we are not giving up.”The imageboard has left its mark on the world in many consequential ways, birthing countless memes and conspiracy theories, serving as a platform for political movements ranging from the alt-right to Anonymous, and acting as a dumping ground for leaks and hacks of all sorts. Crypto is no exception, with 4chan also a historically influential gathering place to share altcoin alpha, coordinate campaigns to pump tokens, share price prophesies and more.With the imageboard back from the dead, here are just a few of the ways it has influenced the crypto space during its storied history.Finding alpha on 4chan’s /Biz/ imageboardThe primary hub of crypto activity on 4chan is its /Biz/, or “Business & Finance,” imageboard, where traders, gamblers, investors and commentators gather to share info, shill tokens, and discuss the state of the crypto industry at large. The imageboard has gathered a reputation for being a place where intrepid investors can go to learn about moonshot tokens the broader community has yet to discover, though X and Telegram have since given 4chan a run for its money. It has also been ground zero for countless shilling campaigns that have helped pump prices for various tokens.A Reddit user shares some tokens they discovered early on, thanks to /Biz/. Source: Deleted Reddit account/Biz/ has also become known for the various prophecies, lore and legends that emerge from its anonymous users. People who claim to have inside knowledge on major market movements often leak alleged secret info on the imageboard or issue prophecies, and every once in a while, they actually turn out to be accurate.In January 2019, a user correctly predicted that Bitcoin (BTC) would hit $5,300 by April and $9,200 by July, sparking huge interest online. Unfortunately, their remaining price predictions quickly fell short of reality, including that Bitcoin would hit $87,000 by October 2020.Another user claimed in May 2021 to work at a Chinese firm that collaborated closely with the government and said they had insider information that Bitcoin would sell off due to major news out of China. A few hours later, reports emerged that China would ban payment companies and financial institutions from offering services related to crypto transactions, and Bitcoin sold off./Biz/ was also the source of a June 2017 rumor that Ethereum co-founder Vitalik Buterin had died in a car crash. The fake news led to Ether’s (ETH) market cap crashing by $4 billion before Buterin stepped in to share that he had, in fact, not died.The fake news that Vitalik Buterin had died in a car crash started on /Biz/. Source: WarosuChainlink and the LINK MarinesPerhaps the most successful shilling campaign to come out of 4chan is that of Chainlink (LINK), which saw a massive rally that started in 2020 and continued into 2021. Many of the oracle project’s most diehard community members, known as the LINK Marines, first discovered Chainlink on /Biz/.Much of the excitement among the early Chainlink community was galvanized by a mysterious figure known as “AssBlaster,” who claimed to have insider knowledge about the project and would share alpha on /Biz/. Source: WarosuThe LINK Marines relentlessly promoted Chainlink on 4chan and social media platforms, and by 2020, LINK had experienced its first major rally — from $1.80 at the start of the year to a high of $16.64 on Aug. 12.Following the rally, Mechanism Capital co-founder Andrew Kang declared that “4chan has become the largest market driver” in crypto, “more powerful than even China or institutional crypto fund capital.”Related: Mechanism Capital founder doubles Bitcoin position with a $200M longLINK went on in 2021 to hit an all-time high of $49.54, becoming one of the year’s most talked-about crypto success stories.LINK’s price exploded to nearly $50 in 2021. Source: CoinMarketCapLINK Marine Albert Nazarov told Cointelegraph Magazine in March 2021 that “4chan is basically a crucible of raw thoughts; the best and balanced make it to the top. It’s almost anything goes there, and it trains the brain to decipher good info from bad stuff.”Chainlink remains the third most mentioned stock or cryptocurrency on /Biz/ over the last 24 hours as of the time of writing, behind only Bitcoin and Ether.Pepe the Frog and memes galoreOne of the most well-recognized memes associated with 4chan is Pepe the Frog, though its origins have nothing to do with the imageboard. Pepe was created by artist Matt Furie back in 2005 for a comic titled Boy’s Club.Over the next several years, Pepe was popularized by 4chan and eventually became a mainstream meme. But in 2015, posters from 4chan’s /R9k/ board decided to “reclaim” Pepe and began a campaign to intentionally associate it with the far right. Nevertheless, the frog remains a popular meme on 4chan and in crypto circles.In the cryptosphere, Pepe became closely associated with Chainlink. Sanctum CEO Tyler Ward, who sparked a Pepe non-fungible token (NFT) craze in 2021, told Magazine, “When Chainlink started doing well, it just became this cultish prophecy of 4chan, and 4chan really likes Pepe the frog, so it was kind of this merger.”“A lot of people that posted about Chainlink would post with Pepe the Frog, and they kind of became intertwined.”Crypto’s obsession with Pepe the Frog has since grown significantly beyond its early association with Chainlink. In 2023, the memecoin Pepe (PEPE), named after the frog, was launched and quickly became popular among traders. The token truly took off in 2024 amid the memecoin mania, going from a $591-million market cap at the start of the year to $11 billion by December, flipping Uniswap’s UNI (UNI) token.But Pepe is not the only 4chan meme to be tokenized and explode in price. Mog Coin (MOG), a memecoin based on the phrase “mogging” — dominating, outclassing or outshining others — gained 1,800% in early 2024. According to CoinGecko, 4chan-themed memecoins command a $37-billion market cap as of May 8.The popular phrase “we’re all gonna make it,” or WAGMI, was also popularized on 4chan. It was borrowed from Australian bodybuilder Aziz “Zyzz” Shavershian, who would frequently post on the Bodybuilding.com forum as well as 4chan’s fitness board and who passed away in 2011. It later made its way into crypto around 2017, seemingly as users who had been active in online fitness communities got into digital assets.Source: Snoop DoggDespite the growing attention platforms like Telegram and X command among the crypto community, 4chan remains a cultural powerhouse, and these are just a handful of the ways it has influenced crypto culture and markets. And with 4chan back online and seemingly fully committed to continuing its operations, they won’t be its final influences — at least as long as 4chan can avoid being taken down for good.Magazine: ChatGPT a ‘schizophrenia-seeking missile,’ AI scientists prep for 50% deaths: AI Eye

Ethereum Surpasses Realized Price as Binance Traders Lead Bullish Momentum

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Any decent multichain mobile wallet?

I have been using metamask and rainbow and those are great for evm. I would also like to hold litecoin on the same wallet, and the only ones that allow that (trust, guarda etc) are partially open source. Anyone has a good alternatives? submitted by /u/Due_Car3113 [link] [comments]

Bitcoin Price Watch: Range-Bound Action Signals Pause Before Breakout

Bitcoin traded within a narrow band on May 10, 2025, reflecting a momentary equilibrium between bullish momentum and short-term hesitation. With a market cap of $2.057 trillion and $26.69 billion in trading volume, bitcoin fluctuated between $102,526 and $103,938 before settling at $103,559, underscoring a technically significant range-bound day amid broader upward trends. Bitcoin From […]

Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy

A Taiwanese politician urged the government Friday to include Bitcoin in its reserve composition. He made the appeal during the National Conference and amplified the message on X. His purpose is straightforward: incorporate Bitcoin along with gold and foreign currency to assist in protection against shock drops. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Push For Bitcoin In Reserves In the opinion of Ju‑Chun, Bitcoin is capable of withstanding large fluctuations in the global economy. He informed the conference that introducing even a thin slice of Bitcoin to Taiwan’s asset stack might make the financial system more resilient. He also appealed to crypto enthusiasts on X, referring them to his speech and asking for feedback. His tone was assertive and straightforward. He explained that this action would not be a substitute for current reserves, but possibly reinforce them. Meeting With Bitcoin Advocate According to reports, Ju‑Chun last week had a meeting with Samson Mow, who is the CEO of Jan3, a firm that specializes in extensive Bitcoin adoption. Jan3 released a statement on Thursday emphasizing the imperative for countries to prepare against currency fluctuations through the holding of Bitcoin. Mow explained to Ju‑Chun that fiat currencies have turned more volatile. Their conversation addressed technical barriers, security requirements and how Taiwan could purchase and hold BTC without risks. Taiwan is exploring a potential #Bitcoin reserve strategy amid currency volatility, following talks between @Excellion and Legislator Ko Ju-Chun (@dAAAb). 🇹🇼 Read more via @BTCTimescom: 👇 https://t.co/HfUfDWJXWH — JAN3 (@JAN3com) May 8, 2025 Current Reserve Holdings Taiwan currently possesses 423 metric tons of gold and some $577 billion in foreign exchange assets. Ju-Chun noted that the New Taiwan Dollar has fluctuated wildly at times. He attributed higher global prices and regional tensions in East Asia as the cause. He contended that for over 15 years, Bitcoin has demonstrated it can defy external pressure and remain accessible when other assets collapse. That, he added, is worth a place in the national locker. Taiwan 🇹🇼 could follow suit! We could allocate a maximum of 5% of our $USD 50 billion reserve to $BTC. https://t.co/HmOTkf9gqy — 科技立委葛如鈞 Ko Ju-Chun (@dAAAb) May 7, 2025 Proposal To Allocate 5% Ju-Chun proposed that Taiwan invest up to 5% of a $50 billion reserve in Bitcoin. That is approximately $2.5 billion. He mentioned that New Hampshire recently approved the same action, and referenced US President Donald Trump’s directive to create a US Bitcoin reserve. He also mentioned that some large economies, such as the UK and Japan, are still waiting on the sidelines. He indicated that Taiwan can lead Asia if it acts now. Related Reading: Tech Expert Predicts $1 Million Bitcoin — ‘Only One More 10x Left’ Some experts caution that Bitcoin can rise or fall 10 to 20 % in a week. Others are concerned about the legal steps required to hold a digital asset at the state level. Ju‑Chun said these issues can be contained. He called on lawmakers to examine how central banks could buy, hold and insure Bitcoin. He also requested clear rules to ensure any losses do not spill over into the broader economy. Featured image from Gemini Imagen, chart from TradingView

UK to become ‘safe harbor’ for crypto with new draft rules — Experts

On April 29, UK Finance Minister Rachel Reeves unveiled plans for a “comprehensive regulatory regime” aimed at making the country a global leader in digital assets.Under the proposed rules, crypto exchanges, dealers, and agents will be regulated similarly to traditional financial firms, with requirements for transparency, consumer protection, and operational resilience, the UK Treasury said in a statement released following Reeves’ remarks.Per the statement, the Financial Services and Markets Act 2000 (Cryptoassets) Order 2025 introduces six new regulated activities, including crypto trading, custody, and staking.Rather than opting for a light-touch regime similar to the EU’s Markets in Crypto-Assets (MiCA), the UK is applying the full weight of securities regulation to crypto, according to UK-based law firm Wiggin. That includes capital requirements, governance standards, market abuse rules, and disclosure obligations.“The UK’s draft crypto regulations represent a meaningful step toward embracing a rules-based digital asset economy,” Dante Disparte, chief strategy officer and head of global policy at Circle, told Cointelegraph.“By signaling a willingness to provide regulatory clarity, the UK is positioning itself as a safe harbor for responsible innovation.”Disparte added that the proposed framework can provide the predictability needed to “scale responsible digital financial infrastructure in the UK.”Source: MiCA Crypto AllianceRelated: Revolut doubles profits to $1.3B on user growth, crypto trading boomUK’s new crypto rules are “net positive”Vugar Usi Zade, the chief operating officer (COO) at Bitget exchange, also expressed optimism regarding the new regulations, claiming that it “is a net positive” for the industry.“I think a lot of companies recently exited or hesitated to enter the UK because they were not clear about what activities, products, and operations need FCA authorization. Firms finally get clear definitions of “qualifying crypto assets” and know exactly which activities—trading, custody, staking or lending—need FCA authorization.”For exchanges, including Bitget, the UK’s draft rules mean they need full approval from the Financial Conduct Authority (FCA) to offer crypto trading, custody, staking, or lending services to UK users.The rules also give companies two years to adjust their systems, like capital and reporting. “Mapping each service line to the new perimeter adds compliance overhead, but that clarity lets us plan product roll‑outs and invest in local infrastructure,” Zade said.The new draft regulations reclassify stablecoins as securities, not as e-money. This means UK-issued fiat-backed tokens must meet prospectus-style disclosures and redemption protocols. Non-UK stablecoins can still circulate, but only via authorized venues.Zade claimed that excluding stablecoins from the Electronic Money Regulations 2011 (EMRs), which keeps them out of the e‑money sandbox, could slow their use for payment.However, Disparte, whose firm is the issuer of USDC (USDC), the world’s second-largest stablecoin by market capitalization, said predictability is key to fostering responsible growth in the UK.“What matters most is predictability: a framework that enables firms to build, test, and grow responsibly—without fear of arbitrary enforcement or shifting goalposts. If realized, this could mark a pivotal moment in the UK’s digital asset journey.”Ripple’s Cassie Craddock praising new UK draft rules. Source: Cassie CraddockRelated: UK regulator moves to restrict borrowing for crypto investmentsUK to require FCA approval for foreign crypto firmsAmong the biggest changes as part of the new draft rules is the territorial reach. Non-UK platforms serving UK retail clients will need the FCA authorization. The “overseas persons” exemption is limited to certain B2B relationships, effectively ring-fencing the UK retail market.Crypto staking enters the perimeter as well. Liquid and delegated staking services must now register, while solo stakers and purely interface-based providers are exempt. New custody rules extend to any setup that gives a party unilateral transfer rights, including certain lending and MPC (multiparty computation) arrangements.“Some DeFi nuances still need fleshing out, but the direction is toward efficient, tailored compliance rather than blanket restriction,” Bitget’s Zade said.He added that the broad “staking” definition might sweep in non‑custodial DeFi models lacking a central provider. “Proposed credit‑card purchase restrictions—though aimed at high‑risk use — could dampen retail participation in token launches,” he said.Furthermore, Zade said bank‑grade segregation rules for client assets could burden lean DeFi projects. “Final rule tweaks will need to mitigate these side effects.”The FCA plans to publish final rules on crypto sometime in 2026, setting the groundwork for the UK regulatory regime to go live. The roadmap to greater regulatory clarity in the UK could follow the European Union, which started to implement its MiCA framework in December.Magazine: Finally blast into space with Justin Sun, Vietnam’s new national blockchain: Asia Express

Finder Retreats From Crypto, Facilitates User Migration to Australian Exchange Swyftx

Aussie fintech firm Finder has partnered with Swyftx to facilitate the migration of its users to the latter’s crypto exchange platform. Users Must Consent to the Migration of Wallet Balances Australian fintech company Finder has announced a partnership with Swyftx to facilitate the migration of its users to the latter crypto exchange’s platform. As per […]

Mina Graph Explorer – Discover blockchain connections visually

Hello ! Let me introduce Mina Graph Explorer Mina Graph Explorer is a small open-source application (SPA/PWA/Responsive) I just developed, which lets you explore the blockchain in a fun and innovative new way. The app is available here: https://webapp.minagraph.com and can be used directly in your favorite web browser or installed as a PWA on…
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