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Bitcoin (BTC) Price Decline, Shiba Inu (SHIB) Advancements, Ripple (XRP) Price Predictions: Bits Recap May 2

TL;DR Bitcoin (BTC) experienced another sharp decline, falling to a multi-month low of approximately $56,600. Shiba Inu (SHIB) saw its price fall by 13% over the week, despite advancements in…

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MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

MicroStrategy introduces MicroStrategy Orange, a decentralized identity solution using Bitcoin blockchain for secure, tamper-proof IDs. The post MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique appeared first on Crypto…

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Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains

The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread…

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Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin

Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the…

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Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges.…

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Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted…

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