Page 50 - Bitcoin News Today

The U.S. economy added just 175,000 jobs and the unemployment rate rose to 3.9% in April

CoreWeave, once a small player in crypto, is now a $19 billion unicorn that provides GPUs to AI developers. Its frenetic culture and rising competition now pose challenges, former employees say.

SINGAPORE: Singapore law firm Shook Lin & Bok was hit by a ransomware attack in April, and the incident is now under investigation by the local authorities.

After recently receiving a financial services provider licence, the crypto exchange is looking to diversify its product offerings.

The market ended the week strong as hopes that the Federal Reserve will cut rates are still alive

A bad jobs report was good for crypto today.

The $9 billion Fidelity Wise Origin Bitcoin Fund (FBTC) saw a 1.1% discount while the $2.5 billion ARK 21Shares Bitcoin ETF (ARKB) and the $2 billion Bitwise Bitcoin ETF (BITB) both closed with discounts of more than 1.4%, also the biggest on record for each.

Worst monthly performance since 2022 prompts mass profit-taking

Hong Kong’s largest virtual bank is preparing to introduce virtual asset trading services for retail investors, CEO Ronald Iu says. Plans are afoot as a new regulatory regime is rolled out in June.

Bitcoin slid by almost 6pc yesterday, posting its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve.