Cryptocurrency

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spiked to $29,529 on Bitstamp — a new May high.Continue Reading on Coin Telegraph More

Pepe holders rejoiced as major exchanges announced listing the controversial memecoin. On Friday, March 5, Binance and KuCoin both revealed they would list PEPE. While both platforms urged users to be cautious, Pepe surged 132% on the day of the listing.On Friday, May 5, Binance announced that it would list popular memecoins Pepe (PEPE) and Floki Inu (FLOKI). Binance added PEPE to its Innovation zone with spot trading pairs PEPE/USDT and PEPE/TUSD….Continue Reading on DailyCoin More

“Théâtre D’opéra Spatial,” Jason Allen’s AI artwork, even won a prize at the Colorado State Fair art competition. This shows how AI-generated images have not only become more popular but also very sophisticated recently. But not everyone is happy about this development, and their concerns are valid. Continue Reading on Coin Telegraph More

Kennedy criticized Biden on May 2 for calling the U.S. banking system “safe and sound” the previous day. “Today, bank stocks are crashing. The American people deserve more than glib assurances and perception management,” he tweeted.Continue Reading on Coin Telegraph More

Cook refrained from revealing Apple’s plans, stating upfront, “We don’t comment on product roadmaps.” However, he did intimate that the company was interested in the space:Continue Reading on Coin Telegraph More

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The on-chain analysis platform, Glassnode Alerts, took to Twitter earlier this morning to share some new data about the crypto market leader Bitcoin (BTC). According to the post, BTC’s Realized Price has reached a new 1-month high.BTC Realized Price (Source: Twitter)The data indicates that BTC’s Realized Price now stands at $19,994.95. The previous high was recorded only yesterday, and stood at $19,994.76. A cryptocurrency’s Realized Price is calculated as its Realized Cap divided by the total coin supply. It can also be interpreted as the on-chain support or resistance price.CoinMarketCap indicated at press time that BTC was trading hands at over $29k. This means that BTC’s market price is higher than its Realized Value, which is a good sign for the crypto king. As a rule, the market price is usually above the realized price and it very rarely goes under.BTC / Tether US 1D (Source: TradingView)As mentioned before, BTC was trading hands at $29,090.32 at press time after a small price increase of 0.10% over the past 24 hours. The crypto was also able to set a 24-hour high of $29,488.16 and a daily low of $28,694.04 over this time.BTC’s price increase was enough for the market leader to strengthen against its biggest competitor, Ethereum (ETH), by about 0.16% throughout the past day. When it comes to BTC’s 24-hour trading volume, however, CoinMarketCap indicated that it was in the red zone, and stood at $16,713,375,965 after a more than 13% decrease.Unfortunately, BTC’s performance over the past day was not enough to push its weekly performance into the green as the crypto was down 0.57% over the past seven days. BTC also experienced a 0.04% price drop in the hour before press time.Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.The post Data Shows BTC’s Realized Price Has Reached a 1- Month High appeared first on Coin Edition.See original on CoinEdition More

Central Bank Digital Currencies (CBDCs) will vastly magnify the government’s power to suffocate dissent by cutting off access to funds with a keystroke, according to Robert F. Kennedy Jr., an American environmental lawyer and member of the prominent Kennedy family.Kennedy expressed his opinion using a Twitter thread where he noted that contrary to CBDCs, Bitcoin allows people to conduct transactions free from government interference. He described the pioneer cryptocurrency as a lifesaver for people’s movement around the world, especially in Burma.According to Kennedy, CBDCs will allow the government to continue to exert control over the people’s financial transactions. He noted it would foster the ongoing censorship prevalent under authoritarian regimes and used against political enemies.Kennedy noted that the Russian government used financial censorship to fight political enemies when it froze over 100 bank accounts tied to opposition leader Alexei Navalny. Similarly, The Canadian government locked over 200 bank accounts of people protesting against vaccine mandates.Kennedy expressed concern that such a situation could play out in America, citing the suspension of WikiLeaks in 2010 by PayPal (NASDAQ:PYPL), Visa (NYSE:V), and MasterCard at the behest of the U.S. State Department. He also cited other examples involving private companies that impinge on the people’s rights out of fear of Congress or regulators or directly at their bidding.The lawyer and political candidate explained that the ability to save and spend without political interference is a prerequisite for exercising meaningful dissent. He proclaimed that he would defend such rights, notwithstanding his political affiliation.He said:According to Kennedy, this attitude of the government to impinge on the people’s rights is the reason for opposing the idea of CBDCs.The post Robert F. Kennedy Jr.: CBDCs Will Promote Financial Censorship appeared first on Coin Edition.See original on CoinEdition More