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Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Ripple Buys Crypto Custody Firm Metaco for $250M
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.
First Mover Americas: Axie Infinity Rallies After Apple App Store Debut
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Tether to buy Bitcoin based on monthly net profits
Cointelegraph.com News (RSS)

Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer.
New survey says Bitcoin is safer than the US dollar — Watch The Market Report
Cointelegraph.com News (RSS)

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default.
Blockchain in space
Cointelegraph.com News (RSS)

To help remediate these issues, blockchain can serve as one of the potential technology solutions.
How to use ChatGPT to learn WordPress
Cointelegraph.com News (RSS)

Supercharge your WordPress learning with ChatGPT! Ask questions, get insights and enhance your website development skills.
Four open source Plutus Application Backend (PAB) for Cardano
Cointelegraph.com News (RSS)

Cardano’s developer ecosystem has significantly matured over the past year and now offers a variety of PAB solutions to build and deploy dApps on Cardano.
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor.
Bitcoin self-custody advocate explains why on-ramps are key to adoption
Cointelegraph.com News (RSS)

Cypherpunk Jameson Lopp highlights the need for easier-to-use, improved self-custody solutions and more on-ramp avenues to drive Bitcoin adoption.
'One of the greatest' Bitcoin metrics says BTC price bull run is here
Cointelegraph.com News (RSS)

Cast aside short-term BTC price weakness to focus on the bigger investment trend, says on-chain analyst Philip Swift.
Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.
Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Crypto investors are attempting to capitalize on the latest wave of meme coin mania by tracking the movements of early pepecoin (PEPE) buyers.
Axie Infinity Game Set To Launch On Apple App Store | Coingape
CoinGape (RSS)

Crypto Market News: Enthusiasts of  on Wednesday. According to Axie Infinity NFT creator Sky Mavis, the game will now be accessible in several Latin American and Asian countries. Earlier, the game was available in select countries on the Android platforms. Henceforth, the App store version will be made available in Argentina, Colombia, Peru, Mexico, Venezuela,

The post Axie Infinity Game Set To Launch On Apple App Store appeared first on CoinGape.
Bitcoin Price Trapped In Narrow Range as Market Uncertainty Increases; What’s Next $30k or $25k? | Coingape
CoinGape (RSS)

Over the past five days, the Bitcoin price has been wobbling in a narrow range of $27300-$26700, creating a sense of uncertainty in the crypto market. During this period, the coin price showed failed attempts to breach the range barriers reflecting the traders’ lack of commitment on either side. In this article, we’ll try to

The post Bitcoin Price Trapped In Narrow Range as Market Uncertainty Increases; What’s Next $30k or $25k? appeared first on CoinGape.
Harvard Professor: US Fed ‘Pause’ In June Meet; But There’s A Catch | Coingape
CoinGape (RSS)

Crypto Market News: While the widespread market sentiment is around the expectation that the US Federal Reserve will pause the interest rate hike spree in the June 2023 meeting, experts are predicting that the central bank may not just be done with its monetary policy tightening. Recently, Standard Chartered bank CEO Bill Winters said the

The post Harvard Professor: US Fed ‘Pause’ In June Meet; But There’s A Catch appeared first on CoinGape.
Breaking: Tether To Invest Monthly Net Profit Into Bitcoin | Coingape
CoinGape (RSS)

Crypto News: As part of a new investment strategy centered around the world’s largest cryptocurrency by market value, stablecoin issuer Tether stated on Wednesday that it would begin purchasing Bitcoin (BTC) on a regular basis for its stablecoin reserves — using a percentage of its profits beginning this month. Tether To Invest Upto 15% Of

The post Breaking: Tether To Invest Monthly Net Profit Into Bitcoin appeared first on CoinGape.
Indian Apex Web3 Body, Crypto Exchanges Push To Restore UPI Access | Coingape
CoinGape (RSS)

India’s apex body for Web3 companies Bharat Web3 Foundation and crypto exchanges have urged the Indian government and the Reserve Bank of India (RBI) to restore UPI access to exchanges. The Indian government’s stance regarding crypto and Web3 remains vague. While they support blockchain and some Web3 developments, the authorities are primarily against cryptocurrencies that

The post Indian Apex Web3 Body, Crypto Exchanges Push To Restore UPI Access appeared first on CoinGape.
Breaking: Ripple Acquires Metaco for $250M | Coingape
CoinGape (RSS)

Here comes a win in the bag for payment company Ripple Labs Inc which just acquired Switzerland-based crypto custody provider Metaco in a $250 million deal. According to a Ripple spokesperson, the acquisition was completed via a combination of Ripple equity and cash. Notably, this acquisition makes Ripple the sole shareholder of the Swiss crypto

The post Breaking: Ripple Acquires Metaco for $250M appeared first on CoinGape.
Ethereum Price Analysis Hints 5% Drop Before Buyers Trigger a New Recovery Cycle | Coingape
CoinGape (RSS)

Ethereum Price Analysis: Amid the increasing indecisiveness in the crypto market, the Ethereum price has been in a sideways trend between $1827 and $1790. The coin prices show attempts to breach the aforementioned two levels indicating a narrow range formation in the daily chart. However, under the influence of a wedge pattern, the Ethereum price

The post Ethereum Price Analysis Hints 5% Drop Before Buyers Trigger a New Recovery Cycle appeared first on CoinGape.
Binance Controls WRX Token, WazirX Reveals After Long Feud | Coingape
CoinGape (RSS)

Indian crypto exchange WazirX has provided more clarity regarding its ties with Binance. WazirX announced in a post yesterday that the world’s leading crypto exchange Binance controls the WRX token. WazirX revealed that Binance conducted the WRX token IEO (Initial Exchange Offering) and kept all the proceeds from the sale that amounted to nearly $2

The post Binance Controls WRX Token, WazirX Reveals After Long Feud appeared first on CoinGape.