Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations in Hulu Terengganu and Marang districts on Tuesday, seizing 45 machines worth RM225,000. Police, TNB Raid Illegal Bitcoin Mining Operations in Hulu Terengganu, Marang The joint operation, codenamed Op Letrik, targeted two premises—one in Bukit […]

The post Under $0.03 and Building Fast: Mutuum Finance (MUTM) May Not Stay This Cheap for Long appeared on BitcoinEthereumNews.com. In a market where true value is getting harder to find, Mutuum Finance (MUTM) stands out. With a presale price still under $0.03 and a full DeFi ecosystem already taking shape, Mutuum is positioning itself […]

The post VIRTUAL Shows Potential for Continued Upswing Amid Growing Institutional Interest and Positive Market Indicators appeared on BitcoinEthereumNews.com. Virtuals Protocol (VIRTUAL) has demonstrated remarkable resilience, soaring 183% in April, defying overall crypto market trends and capturing significant institutional attention. The surge has been fueled by a notable increase in the Smart Money Index (SMI), […]

The post Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound appeared on BitcoinEthereumNews.com. Key takeaways: Galaxy Digital plans to begin trading on the Nasdaq on May 16, pending shareholder and Nasdaq approval. Nasdaq-listed crypto firms posted strong gains in April after a period of macroeconomic uncertainty. Galaxy CEO Mike Novogratz says the […]

Bitcoin Yield Demand Surges as Institutions Seek Liquidity in DeFi As Bitcoin continues to dominate the cryptocurrency market, institutions are increasingly looking towards decentralized finance (DeFi) platforms to satisfy their growing yield demand. The DeFi space has been experiencing a surge in popularity as traditional financial institutions seek alternatives for generating returns in a low-yield […]

The post Solana futures open interest nears all-time high — Will SOL price follow? appeared on BitcoinEthereumNews.com. Key points: Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence. SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest. With rising […]

The post GBP quiet despite improvement in manufacturing PMI – Scotiabank appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) is entering Thursday’s NA session flat against the US Dollar (USD), outperforming all the G10 currencies with the exception of Euro (EUR), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Markets await for BoE next week “Second-tier lending […]

The post New AI alliance aims to end Big Tech dominance with user-owned data appeared on BitcoinEthereumNews.com. Cheqd, DataHive, Nuklai, and Datagram have launched the Sovereign AI Alliance, a new initiative aimed at developing an open-source framework for decentralized artificial intelligence using user-owned data. Announced on May 1 via a press release shared with crypto.news, […]

The post Morgan Stanley Eyes Launching Crypto Trading on E*Trade: Bloomberg appeared on BitcoinEthereumNews.com. Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies. The initiative, still in early stages, could debut next […]

Ethereum (ETH) price is on a bullish path today, May 1, after crossing above $1,850 for the first time in more than three weeks. The gains come amid chatter that ETH may have hit a local bottom, with key on-chain metrics supporting this hypothesis. ETH value today trades at $1,847 with a modest 2.62% gain […]