Blockchain News - Page 380

Buterin Sucks (BUTSUCKS) Will Surge 14,000% Ahead of KuCoin Listing, as Shiba Inu, Bonk and Dogecoin Lag

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Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Buterin Sucks (BUTSUCKS) presents a similar opportunity for a limited time.

Buterin Sucks (BUTSUCKS), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.

BUTSUCKS will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Buterin Sucks.

Currently, Buterin Sucks can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.

To buy BUTSUCKS on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Buterin Sucks by entering its contract address – jr8okimfHEWaJpDmiZenkGWHzEr5bb53bDZf4kQvF7w – in the receiving field.

BUTSUCKS currently has a market cap of just under $12,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

Trump Promises to Pardon Silk Road Founder Ross Ulbricht if Re-Elected

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Former President Donald Trump has pledged to pardon Ross Ulbricht, the founder of Silk Road, if he is re-elected in the upcoming November election.

“If you vote for me, on day one I will commute the sentence of Ross Ulbricht,” Trump announced at the Libertarian Party’s National Convention in Washington on May 25.

“He’s already served 11 years, we’re going to get him home,” he said about Ulbricht, the creator of Silk Road, the first modern darknet market with a Bitcoin-based payment system.

Silk Road was launched in 2011 and operated by Ulbricht from his personal laptop under the pseudonym “Dread Pirate Roberts.”

The U.S. Federal Bureau of Investigation (FBI) seized Ulbricht’s laptop on October 1, 2013.

Ulbricht was convicted in a U.S. federal court in 2015 on various charges related to Silk Road’s operations. He received a sentence of two life terms plus forty years, with no possibility of parole.

READ MORE: Bitcoin and Ether Dip 3.5% Amid Institutional ETF Approval and Market Uncertainty

Trump also emphasized his pro-crypto stance, following a change in his position on digital assets earlier this year.

“I will ensure that the future of crypto and the future of Bitcoin will be made in the USA, not driven overseas,” he declared, promising to protect those who hold their crypto assets outside centralized crypto exchanges.

“I will support the right to self-custody, to the nation’s 50 million crypto holders I say this with your vote, I will keep Elizabeth Warren and her goons away from your Bitcoin,” Trump added, presenting a stark contrast to his previous characterization of Bitcoin as a scam during his presidency.


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Solana Memecoin RIP DOGEY (RIPDOGEY) to Skyrocket 18,000% as KuCoin Listing Announced, While Shiba Inu and Dogecoin Struggle

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RIP DOGEY (RIPDOGEY) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).

RIP DOGEY (RIPDOGEY), a new Solana memecoin that was launched this week, is poised to explode over 18,000% in price in the coming days.

This is because RIPDOGEY has announced its first centralized exchange listing, which will be on KuCoin.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, RIP DOGEY can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and RIP DOGEY could become the next viral memecoin.

RIP DOGEY launched with over $6,000 of locked liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy RIP DOGEY on Raydium or Jupiter ahead of the KuCoin listing, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for RIP DOGEY by entering its contract address – GVZoEtPFj1fMuW2zA4Zww27Mcx1yJSobrW3hzp5hfqCe – in the receiving field.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like RIPDOGEY.

Bitcoin White Paper Reuploaded to Bitcoin.org After Craig Wright’s Failed Satoshi Claim

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The Bitcoin white paper has been reuploaded to the Bitcoin.org website following Craig Wright’s failed court attempt to prove he is Satoshi Nakamoto, the protocol’s pseudonymous creator.

Hennadii Stepanov, the maintainer of Bitcoin.org, announced the return of the Bitcoin white paper by sharing a link to the PDF on platform X.

Due to legal constraints, Bitcoin.org had to restrict access to the white paper for UK-based users.

Instead, it displayed a poignant quote from Satoshi Nakamoto: “It takes advantage of the nature of information being easy to spread but hard to stifle.”

In 2021, Wright successfully sued Cobra, the anonymous group running the website, for copyright infringement, leading to the removal of the white paper PDF.

Wright won by default after Cobra chose not to defend the case, resulting in Cobra paying £35,000 ($40,100) of Wright’s legal fees. Wright had filed for U.S. copyright registration for the Bitcoin white paper in 2019.

In 2023, Wright sued 13 Bitcoin Core developers and companies including Blockstream, Coinbase, and Block, for copyright violations related to the Bitcoin white paper, its file format, and database rights to the Bitcoin blockchain.

The Bitcoin Legal Defense Fund responded, emphasizing the trend of abusive lawsuits against prominent Bitcoin contributors.

READ MORE: SEC Approves Spot Ether ETFs: A Different Path from Bitcoin ETFs

According to the defense fund, these lawsuits deter development due to the associated time, stress, expenses, and legal risks.

However, Wright’s copyright win is now invalid, as his claims of being Satoshi Nakamoto and authoring the white paper have been decisively debunked.

The detailed ruling came from a case brought against Wright by the Crypto Open Patent Alliance (COPA), a coalition of prominent companies seeking to prevent Wright from asserting ownership over Bitcoin’s core intellectual property.

COPA alleged that Wright engaged in an elaborate scheme of forgery and deceit to fabricate evidence backing his claim of being Nakamoto.

Consequently, Craig Wright’s assets, worth 6.7 million British pounds ($8.4 million), were frozen after a UK court approved a plan to prevent him from evading court expenses.

The Bitcoin white paper is now subject to an MIT open-source license, allowing anyone to reuse and modify the code for any purpose.


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Biden BTC (BIDENBTC) Will Surge 11,000%, Looks to Challenge Shiba Inu and Dogecoin

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Biden BTC (BIDENBTC) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE).

Biden BTC (BIDENBTC), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE).

Early investors in SHIB and DOGE made astronomical returns, and Biden BTC presents a similar opportunity.

Biden BTC has a market cap below $15,000 at the moment, meaning that when it just reaches a modest market cap of $400,000-$800,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours.

The exciting memecoin is poised to rally 11,000% in the coming two days, and Biden BTC could potentially reach a multi-million dollar market cap within a few weeks.

Currently, Biden BTC can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.

To buy Biden BTC on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Biden BTC by entering its contract address – 9MAph1jbrbs98UTvZ3EC5VVFAeKduh9iY78jJKDwxioz – in the receiving field.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like BIDENBTC.

Bitcoin Nears $69,000 as Key Resistance Levels Hold Steady

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Bitcoin stayed near key price levels into the May 26 weekly close, with weekend trading centering around $69,000.

Data from Cointelegraph Markets Pro and TradingView showed a strong performance by BTC/USD, which briefly surpassed $69,500 before consolidating.

Despite some market predictions for a weekend upside, resistance zones kept gains in check.

“As price is ranging around ~$69K, there’s some liquidity building up on both sides,” noted popular trader Daan Crypto Trades in his latest analysis on X (formerly Twitter).

“Most notably: $68.3K & $69.8K. Good levels to watch in the short term going into next week.”

An accompanying chart highlighted liquidity concentrations for the BTC/USDT perpetual swaps pair on Binance, the largest global exchange.

Across BTC order books, liquidity was increasing around the spot price, leading to lower volatility but raising the chances of a liquidity raid later.

Keith Alan, co-founder of trading resource Material Indicators, emphasized the importance of turning $69,000 into support.

READ MORE: Apple Denies Monopoly Claims, Asserts Strong Competition in Response to U.S. Antitrust Lawsuit

“Bitcoin lost $69k again. It’s our strongest and most important resistance level on the chart,” he stated in his latest X post. “I’d like to see a weekly close above $69k to gain some confidence in a measured move to $73k.”

Alan noted that U.S. markets would be closed on May 27 for the Memorial Day holiday.

Regarding resistance, popular trader and analyst Rekt Capital focused on levels above $71,000. Updating X subscribers on BTC price action after the April block subsidy halving, he confirmed that the market had exited the “danger zone” typically seen after such events. However, he warned that bulls are not entirely out of trouble.

“Since the Bitcoin Post-Halving ‘Danger Zone’ ended, Bitcoin broke out to $71500.

“However, ~$71500 is where the Range High resistance of the Macro Re-Accumulation Range is and this is where Bitcoin rejected from,” Rekt Capital explained.

“The consolidation continues, and history suggests it will continue for several more weeks between $60000 and $70000.”

If this happens, the May monthly close could still end in the red, aligning with the trend of the past three years, according to data from monitoring resource CoinGlass.


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Michael Saylor Shifts Stance on Ether ETFs, Sees Approval as Positive for Bitcoin

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MicroStrategy founder Michael Saylor has recently shifted his stance on spot Ether exchange-traded funds (ETFs), suggesting that the U.S. regulator’s recent approval is beneficial for Bitcoin as well.

“Is this good for Bitcoin or not? Yeah, I think it’s good for Bitcoin, in fact, I think it may be better for Bitcoin because I think that we are politically much more powerful supported by the entire crypto industry,” Saylor told Bitcoin podcaster Peter McCormack on the May 25 episode of the What Bitcoin Did podcast.

“They serve as another line of defense for Bitcoin,” he continued, following the U.S. Securities and Exchange Commission’s (SEC) approval of eight spot Ether ETFs on May 23.

Saylor emphasized that this move will “accelerate institutional adoption,” as previously hesitant investors will now see crypto as a legitimate asset class.

He explained that while capital will be allocated across various crypto assets, Bitcoin will receive the majority, being “the leader” of cryptocurrencies.

“I think mainstream investors will say oh there is a crypto asset class now, maybe we’ll allocate 5% or 10% to the crypto asset class, but Bitcoin will be 60% or 70% of that,” he claimed.

READ MORE: SEC Approval of Spot Ether ETFs Signals Ether May Not Be a Security, Experts Say

Saylor acknowledged his change in perspective on spot Ether ETFs, having previously believed there was little chance of SEC approval.

“Two weeks before, the world looked like Bitcoin was going to be the only asset securitized and offered as a spot ETF by the Wall Street establishment and it was going to spread as the one legitimate crypto asset,” he explained.

Earlier, on May 3, Cointelegraph reported Saylor’s prediction that the SEC would classify ETH as a security, along with BNB, Solana, XRP, and Cardano.

“None of [these tokens] will ever be wrapped by a spot ETF, none of them will be accepted by Wall Street, none of them will be accepted by mainstream institutional investors as crypto assets,” said Saylor.

Saylor’s revised stance on the What Bitcoin Did podcast drew attention from the crypto community.

“Changing his tune a bit,” Bitcoin commercial litigator Joe Carlasare commented in a May 25 X post.

“Is the next step Saylor buying ETH? That’s a serious 180,” added crypto analyst Ricky Bobbyy.


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Trump Vows U.S. Dominance in Cryptocurrency Industry, Criticizes Biden’s Stance

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The United States should aim for the top spot in the cryptocurrency industry, according to former U.S. President Donald Trump.

“Our country must be the leader in the field, there is no second place,” Trump asserted in a May 25 post on Truth Social, a social media platform owned by Trump Media and Technology Group (TMTG).

Expressing his enthusiasm for the burgeoning industry, Trump stated, “I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry.”

He then criticized the current president, Joe Biden, his opponent in the upcoming 2024 presidential election, scheduled for November 4.

“CROOKED JOE BIDEN, ON THE OTHER HAND, THE WORST PRESIDENT IN THE HISTORY OF OUR COUNTRY, WANTS IT TO DIE A SLOW AND PAINFUL DEATH. THAT WILL NEVER HAPPEN WITH ME!” Trump proclaimed.

These remarks were made ahead of his planned speech at the Libertarian Party’s National Convention in Washington on the same day.

READ MORE: Bitcoin and Ether Dip 3.5% Amid Institutional ETF Approval and Market Uncertainty

Trump’s recent positive stance on crypto has heightened industry expectations about his potential electoral success.

According to Polymarket, a New York-based crypto prediction platform, Trump currently has a 56% chance of winning the election, while President Joe Biden holds a 38% chance.

This comes shortly after Trump announced that his presidential campaign would accept cryptocurrency donations.

On May 21, the Trump 2024 campaign launched a fundraising page allowing eligible donors to contribute in crypto via the Coinbase Commerce platform.

The website displayed logos for several cryptocurrencies, including Bitcoin, Ether, Dogecoin, Shiba, XRP, USD Coin, SOL, and 0x (ZRX).

In addition to his public endorsements of crypto, Trump has reportedly engaged with crypto enthusiasts.

Cointelegraph recently reported that individuals who purchased Trump’s “Mugshot” non-fungible tokens (NFTs) had the chance to dine with him on May 8 at his Mar-a-Lago residence.

This dinner was part of the agreement associated with buying the digital trading cards, which feature his mugshot taken during his surrender at the Fulton County Jail in Georgia.


To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

Supreme Court Overrides Coinbase Agreement, Grants Courts Authority in Dogecoin Sweepstakes Disputes

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The United States Supreme Court has overridden Coinbase’s user agreement, granting district courts the authority to resolve sweepstakes disputes involving Dogecoin rewards.

In June 2021, Coinbase launched a Dogecoin sweepstakes promotional event, but the user agreement contained conflicting clauses about dispute resolution.

Coinbase favored arbitration for resolving financial disputes, while users preferred court intervention. Both options were separately detailed in the platform’s agreements.

On May 23, the U.S. Supreme Court ruled that state and federal courts will have exclusive jurisdiction over controversies related to Coinbase’s sweepstakes promotion.

“We conclude that a court, not an arbitrator, must decide whether the parties’ first agreement was superseded by their second.

“The Ninth Circuit’s judgment is affirmed.”

Justice Neil Gorsuch, nominated by President Donald Trump in 2017, emphasized that arbitration is a matter of contract.

He stated, “Parties (crypto exchanges and users) can agree by contract that an arbitrator, rather than a court, will resolve threshold arbitrability questions as well as underlying merits disputes.”

The Supreme Court dismissed Coinbase’s argument that the court’s approach could “invite chaos” by enabling challenges to delegation clauses.

READ MORE: Democrats Urged, But Not Forced, to Oppose Pro-Crypto Bills FIT21 and CBDC Act

“We do not believe that such chaos will follow,” the ruling added.

In the U.S., courts are not authorized to intervene in disputes when contracts exclusively contain an arbitration clause.

However, when users agree to two contracts—one directing arbitrability disputes to arbitration and the other, either explicitly or implicitly, directing them to the courts—a court must decide which contract governs.

Coinbase recently experienced a significant outage affecting its trading services on mobile and desktop applications.

On May 14, Coinbase Support’s official X account reported the outage, stating that it was investigating the issue and working on a solution. The account assured users that their funds were safe.

Cointelegraph visited the website, which displayed a “503 Service Temporarily Unavailable” error message.

According to a developer guide on Mozilla, the most common cause of this error is that the servers are down for maintenance or are overloaded.


To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

Buterin Sucks (BUTSUCKS) Will Skyrocket 14,000% Ahead of KuCoin Listing, as Shiba Inu, Bonk and Dogecoin Lag

Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Buterin Sucks (BUTSUCKS) presents a similar opportunity for a limited time.

Buterin Sucks (BUTSUCKS), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token.

BUTSUCKS will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will easily be able to buy Buterin Sucks.

Currently, Buterin Sucks can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make huge returns in the coming days.

To buy BUTSUCKS on these platforms, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Buterin Sucks by entering its contract address – jr8okimfHEWaJpDmiZenkGWHzEr5bb53bDZf4kQvF7w – in the receiving field.

BUTSUCKS currently has a market cap of just under $12,000, with over $4,000 in locked liquidity, meaning it has huge upside potential.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB), Dogecoin (DOGE) and Bonk (BONK) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

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